aAssistant Professor, Economics, Islamic Azad University, Department of Economics, Central Tehran Branch, Tehran, Iran
bM.A. in Economic Energy, Islamic Azad University, Department of Economics, Central Tehran Branch, Tehran, Iran
cM.A. in Economic Development and Planning, Islamic Azad University, Department of Economics, Central Tehran Branch, Tehran, Iran
Online published on 6 August, 2014.
In recent years many researchers have tried That Whether for economic growth just sufficient enough to appear on fossil fuels and Ends or you need renewables also is used to further economic growth? In this study, the relationship between renewable energy consumption and economic growth has been studied. This study uses a dynamic panel data model (GMM) is conducted. Sample used in this study included 29 selected countries: 7 countries, developing and developed countries over 22 years (2000–2010) is. The results of this study indicate that the impact of renewable energy on economic growth in developing countries equal to 0.117 In developed countries versus 0.076 is So the first and second research hypothesis that a significant and positive effect on economic growth in renewable energy was approved.
Renewable energy, economic growth in developed and developing countries, panel data
