Renewable Energy Consumption Impact on the Lebanese Economy

Renewable Energy Consumption Impact on the Lebanese Economy

<p>This study examines the impact of renewable energy consumption on economic growth for Lebanon over the period 1990–2012. The renewable energy consumption with negative coefficient and statistically significant while the real gross fixed capital formation, and the labor force with the respec...

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Main Author: Hanadi Taher
Format: Article
Language:English
Published: EconJournals 2017-09-01
Series:International Journal of Energy Economics and Policy
Online Access:https://www.econjournals.com/index.php/ijeep/article/view/4969
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spelling doaj-1911aa08c9d343e7ba9911849ffbc7b22020-11-25T03:17:07ZengEconJournalsInternational Journal of Energy Economics and Policy2146-45532017-09-01741441482831Renewable Energy Consumption Impact on the Lebanese EconomyHanadi Taher0beirut arab university<p>This study examines the impact of renewable energy consumption on economic growth for Lebanon over the period 1990–2012. The renewable energy consumption with negative coefficient and statistically significant while the real gross fixed capital formation, and the labor force with the respective coefficients positive and statistically significant. The research data is from the Lebanese central bank, the International Monetary Funds and the World Development Indicators then it is regressed in basic time series analysis taking into consideration the different variables that have an influence on the economic growth.  After testing its robustness and illustrated through ARMAX, the results show a statistically significant impact of renewable energy consumption on the Lebanese economic growth.</p><p><strong>Keywords:</strong> Renewable Energy consumption, energy consumption, Lebanese economic growth</p><p><strong>JEL Classifications:</strong> O440; Q280</p>https://www.econjournals.com/index.php/ijeep/article/view/4969
collection DOAJ
language English
format Article
sources DOAJ
author Hanadi Taher
spellingShingle Hanadi Taher
Renewable Energy Consumption Impact on the Lebanese Economy
International Journal of Energy Economics and Policy
author_facet Hanadi Taher
author_sort Hanadi Taher
title Renewable Energy Consumption Impact on the Lebanese Economy
title_short Renewable Energy Consumption Impact on the Lebanese Economy
title_full Renewable Energy Consumption Impact on the Lebanese Economy
title_fullStr Renewable Energy Consumption Impact on the Lebanese Economy
title_full_unstemmed Renewable Energy Consumption Impact on the Lebanese Economy
title_sort renewable energy consumption impact on the lebanese economy
publisher EconJournals
series International Journal of Energy Economics and Policy
issn 2146-4553
publishDate 2017-09-01
description <p>This study examines the impact of renewable energy consumption on economic growth for Lebanon over the period 1990–2012. The renewable energy consumption with negative coefficient and statistically significant while the real gross fixed capital formation, and the labor force with the respective coefficients positive and statistically significant. The research data is from the Lebanese central bank, the International Monetary Funds and the World Development Indicators then it is regressed in basic time series analysis taking into consideration the different variables that have an influence on the economic growth.  After testing its robustness and illustrated through ARMAX, the results show a statistically significant impact of renewable energy consumption on the Lebanese economic growth.</p><p><strong>Keywords:</strong> Renewable Energy consumption, energy consumption, Lebanese economic growth</p><p><strong>JEL Classifications:</strong> O440; Q280</p>
url https://www.econjournals.com/index.php/ijeep/article/view/4969
work_keys_str_mv AT hanaditaher renewableenergyconsumptionimpactonthelebaneseeconomy
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