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Renewable and non-renewable energy, regime type and economic growth

Adams, Samuel, Klobodu, Edem Kwame Mensah, Apio, Alfred·2018·Renewable Energy

Abstract

The paper analyses the effect of renewable and non-renewable energy consumption as well as the regime type on economic growth in 30 Sub-Saharan African (SSA) countries over the period 1980–2012. Using heterogeneous panel cointegration and panel-based error correction tests, we find long-run relationship between the variables. However, short-run results are not robust, which suggest that energy sector investments are long-term in nature. Specifically, the results show that while both renewable and non-renewable energy have significant positive effect on economic growth, non-renewable energy has a greater growth enhancing effect than renewable energy. A 10% increase in renewable energy consumption is associated with an increase in economic growth by 0.27%, while a 10% increase in non-renewable energy consumption leads to an increase in growth by 2.11% ceteris paribus. Further, the findings of the study show that democratic states experience higher growth rates than autocratic states.

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Metadata

Authors
Adams, S., Klobodu, E. K. M., & Apio, A.
Venue
Renewable Energy
Publisher
Elsevier BV
Published
2018-09
Volume
125
Pages
755-767
ISSN
0960-1481 (ISSN-L)
OpenAlex
W2789945420
Cited by
304
References
48
FWCI
41.75
Type
journal article
Language
en
Open access
closed

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CoChat. (2026). Citation check: Renewable and non-renewable energy, regime type and economic growth. https://app.cochat.ai/papers/10.1016/j.renene.2018.02.135
The paper
Adams, S., Klobodu, E. K. M., & Apio, A. (2018). Renewable and non-renewable energy, regime type and economic growth. Renewable Energy. https://doi.org/10.1016/j.renene.2018.02.135

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Contains information from the Semantic Scholar Academic Graph Datasets, made available under the ODC Attribution License (ODC-BY 1.0).

Semantic Scholar’s data is described in: Kinney, R., et al. (2023). The Semantic Scholar Open Data Platform. arXiv:2301.10140.