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Renewable Energy, Economic Growth and
Quality of the Environment in Iran (1980 – 2012)
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Abstract: (6468 Views) |
The increase in greenhouse gas emissions, the necessity of appropriate adaptation policies and the necessity of achieving higher economic growth in developing countries provokes the renewable energy growth. In fact, the renewable energy is an effective approach towards sustainable development. This paper tries to evaluate the effect of increasing the consumption of renewable energy (RES) , on the gross domestic product (GDP) and carbon dioxide (CO2) emissions. Using time series data of Iran (1980-2012) and structural regression model (SVAR) , dynamic interation of renewable energy, economic growth and CO2 emissions is analyzed. The results show that a positive shock in renewable energy, will lead to further economic growth and CO2 emissions, on the other hand a positive shock to economic growth will increase greenhouse gas emissions. Variance decomposition showed that renewable energy slightly explains the forecast error variance in GDP and CO2 . It is recommended to increase the share of renewable energy in total electrical energy produced.
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| Keywords: Renewable Energy, Economic Growth, Carbon Dioxide Emissions, SVAR Model, Sustainable Development.
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Full-Text [PDF 973 kb]
(7084 Downloads)
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Type of Study: Research |
Subject:
Special
Received: 2017/08/7 | Accepted: 2017/08/7 | Published: 2017/08/7
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