RENEWABLE ENERGIES, ENVIRONMENT AND GDP INTERACTIONS IN LOW-INCOME COUNTRIES
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Resumen
To determine the role of renewable energies in preserving the environment, and promoting economic growth in low-income countries, the study sampled 38 African countries, most of which belong to low-middle or low-income countries, according to the classification of the World Bank. The panel ardl approach was used on time series covering the period 1990-2019. The most important results reached were the existence of a long-term cointegration relationship between the variables, a positive contribution of renewable energies to preserving the environment, through the negative impact on CO2 emissions, in contrast to economic growth, which had a positive effect on increasing CO2. On the other hand, there was no impact of renewable energies on GDP, the reason is that these renewable energies are traditional, and used directly from their natural sources, they cannot be used in the running economic cycle, and therefore have no effect on economic growth.
INTERACCIONES DE ENERGÍAS RENOVABLES, MEDIO AMBIENTE Y PIB EN PAÍSES DE INGRESOS BAJOS
RESUMEN
Para determinar el papel de las energías renovables en la preservación del medio ambiente y la promoción del crecimiento económico en los países de bajos ingresos, este estudio tomó una muestra de 38 países africanos, la mayoría de los cuales pertenecen a países de ingresos medios-bajos o bajos, según la clasificación del Banco Mundial. Se utilizó el método ardl de panel en series temporales para el periodo 1990-2019. Los resultados más importantes muestran la existencia de una relación de cointegración de largo plazo entre las variables y una contribución positiva de las energías renovables en la preservación del medio ambiente, a través del impacto negativo en las emisiones de CO2, en contraste con el crecimiento económico que tuvo un impacto positivo en el aumento de CO2. Por otro lado, no hubo ningún efecto de las energías renovables en el PIB, la razón es que éstas se utilizan directamente de sus fuentes naturales por lo que no pueden usarse en el ciclo económico en curso y, por tanto, no tienen ningún efecto sobre el crecimiento económico.
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