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Identifying the determinants of renewable energy consumption in leading renewable energy investor emerging countries

Rafiq, Shuddhasattwa and Alam, Khorshed 2010, Identifying the determinants of renewable energy consumption in leading renewable energy investor emerging countries, in ACE 2010 : Proceedings of the 39th Australian Conference of Economists, ACE, Sydney, N.S.W., pp. 1-14.

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Title Identifying the determinants of renewable energy consumption in leading renewable energy investor emerging countries
Author(s) Rafiq, ShuddhasattwaORCID iD for Rafiq, Shuddhasattwa orcid.org/0000-0002-2109-7441
Alam, Khorshed
Conference name Australian Conference of Economists ( 39th: 2010: Sydney, N.S.W.)
Conference location Sydney, N.S.W.
Conference dates 27-29 Sep. 2010
Title of proceedings ACE 2010 : Proceedings of the 39th Australian Conference of Economists
Editor(s) [Unknown]
Publication date 2010
Start page 1
End page 14
Total pages 14
Publisher ACE
Place of publication Sydney, N.S.W.
Keyword(s) Autoregressive distributed lag (ARDL)
Emerging economies
Oil prices
Panel cointegration
Pollutant emission
Renewable energy
Summary This article analyses the determinants of renewable energy consumption in six major emerging economies who are proactively accelerating the adoption of renewable energy. The long-run elasticities from both panel methods (fully modified ordinary least square and dynamic least square) and the time series method (autoregressive distributed lag) seem to be pretty consistent. For Brazil, China, India and Indonesia, in the long-run, renewable energy consumption is significantly determined by income and pollutant emission. However, for Philippines and Turkey, income seems to be the main driver for renewable energy consumption. In the short-run, for Brazil and China bi-directional causalities between renewable energy and income; and between renewable energy and pollutant emission are found. This research justifies the efforts undertaken by emerging countries to reduce the carbon intensity by increasing the energy efficiency and substantially increasing the share of renewable in the overall energy mix
Language eng
Field of Research 140205 Environment and Resource Economics
Socio Economic Objective 910299 Microeconomics not elsewhere classified
HERDC Research category E1.1 Full written paper - refereed
ERA Research output type E Conference publication
Copyright notice ©2012, ACE
Persistent URL http://hdl.handle.net/10536/DRO/DU:30076927

Document type: Conference Paper
Collection: Department of Economics
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