EN
The Impact of Fossil and Renewable Energy Consumption on the Economic Growth in Brazil, Russia, India, China and South Africa
Abstract
The energy consumption of the developing countries such as Brazil, Russia, India, China and South Africa (BRICS) continues to rise as the economic growth increases. The aim of this study was to analyze the effect of the consumption of the fossil fuels (coal, petroleum, and natural gas) and the renewable energy to the economic growth in the five BRICS countries. The analysis tool used was multiple linear regression using Fixed Effect Model (FEM) Method and panel data on time series from 1995 to 2014.The results showed that the consumption of fossil energy, especially coal energy, positively and significantly affects the economic growth in the BRICS countries. However the renewable energy consumption a negatively affects the economic growth in the BRICS countries.
Keywords
Details
Primary Language
English
Subjects
Engineering
Journal Section
Conference Paper
Publication Date
September 1, 2017
Submission Date
September 1, 2017
Acceptance Date
-
Published in Issue
Year 2017 Volume: 7 Number: 3
APA
Sasana, H., & Ghozali, I. (2017). The Impact of Fossil and Renewable Energy Consumption on the Economic Growth in Brazil, Russia, India, China and South Africa. International Journal of Energy Economics and Policy, 7(3), 194-200. https://izlik.org/JA42GC58AH
AMA
1.Sasana H, Ghozali I. The Impact of Fossil and Renewable Energy Consumption on the Economic Growth in Brazil, Russia, India, China and South Africa. IJEEP. 2017;7(3):194-200. https://izlik.org/JA42GC58AH
Chicago
Sasana, Hadi, and Imam Ghozali. 2017. “The Impact of Fossil and Renewable Energy Consumption on the Economic Growth in Brazil, Russia, India, China and South Africa”. International Journal of Energy Economics and Policy 7 (3): 194-200. https://izlik.org/JA42GC58AH.
EndNote
Sasana H, Ghozali I (September 1, 2017) The Impact of Fossil and Renewable Energy Consumption on the Economic Growth in Brazil, Russia, India, China and South Africa. International Journal of Energy Economics and Policy 7 3 194–200.
IEEE
[1]H. Sasana and I. Ghozali, “The Impact of Fossil and Renewable Energy Consumption on the Economic Growth in Brazil, Russia, India, China and South Africa”, IJEEP, vol. 7, no. 3, pp. 194–200, Sept. 2017, [Online]. Available: https://izlik.org/JA42GC58AH
ISNAD
Sasana, Hadi - Ghozali, Imam. “The Impact of Fossil and Renewable Energy Consumption on the Economic Growth in Brazil, Russia, India, China and South Africa”. International Journal of Energy Economics and Policy 7/3 (September 1, 2017): 194-200. https://izlik.org/JA42GC58AH.
JAMA
1.Sasana H, Ghozali I. The Impact of Fossil and Renewable Energy Consumption on the Economic Growth in Brazil, Russia, India, China and South Africa. IJEEP. 2017;7:194–200.
MLA
Sasana, Hadi, and Imam Ghozali. “The Impact of Fossil and Renewable Energy Consumption on the Economic Growth in Brazil, Russia, India, China and South Africa”. International Journal of Energy Economics and Policy, vol. 7, no. 3, Sept. 2017, pp. 194-00, https://izlik.org/JA42GC58AH.
Vancouver
1.Hadi Sasana, Imam Ghozali. The Impact of Fossil and Renewable Energy Consumption on the Economic Growth in Brazil, Russia, India, China and South Africa. IJEEP [Internet]. 2017 Sep. 1;7(3):194-200. Available from: https://izlik.org/JA42GC58AH