BibTex RIS Cite

An Antidote to the Resource Curse: The Blessing of Renewable Energy

Year 2013, Volume: 3 Issue: 4, 321 - 332, 01.12.2013

Abstract

This paper empirically examines the validity of the resource curse in Europe and it is the first time renewable energy is inserted in this research context. The study uses panel data with a variety of explanatory variable proxies for investment, openness, rule of law, resource endowments and human capital. It employs a single equation fixed effects model with heteroskedasticity robust covariance and a simultaneous two equation model where renewable energy enters the structural equation as an endogenous variable. The resource curse is confirmed only for crude oil and resource productivity in the single equation model while renewable energy has a positive relationship to growth. In the simultaneous two equation model, countries with high oil production and emissions also have a higher production of renewable energies.

Year 2013, Volume: 3 Issue: 4, 321 - 332, 01.12.2013

Abstract

There are 0 citations in total.

Details

Other ID JA59GV83PN
Journal Section Research Article
Authors

Angeliki N. Menegaki This is me

Publication Date December 1, 2013
Published in Issue Year 2013 Volume: 3 Issue: 4

Cite

APA Menegaki, A. N. (2013). An Antidote to the Resource Curse: The Blessing of Renewable Energy. International Journal of Energy Economics and Policy, 3(4), 321-332.
AMA Menegaki AN. An Antidote to the Resource Curse: The Blessing of Renewable Energy. IJEEP. December 2013;3(4):321-332.
Chicago Menegaki, Angeliki N. “An Antidote to the Resource Curse: The Blessing of Renewable Energy”. International Journal of Energy Economics and Policy 3, no. 4 (December 2013): 321-32.
EndNote Menegaki AN (December 1, 2013) An Antidote to the Resource Curse: The Blessing of Renewable Energy. International Journal of Energy Economics and Policy 3 4 321–332.
IEEE A. N. Menegaki, “An Antidote to the Resource Curse: The Blessing of Renewable Energy”, IJEEP, vol. 3, no. 4, pp. 321–332, 2013.
ISNAD Menegaki, Angeliki N. “An Antidote to the Resource Curse: The Blessing of Renewable Energy”. International Journal of Energy Economics and Policy 3/4 (December 2013), 321-332.
JAMA Menegaki AN. An Antidote to the Resource Curse: The Blessing of Renewable Energy. IJEEP. 2013;3:321–332.
MLA Menegaki, Angeliki N. “An Antidote to the Resource Curse: The Blessing of Renewable Energy”. International Journal of Energy Economics and Policy, vol. 3, no. 4, 2013, pp. 321-32.
Vancouver Menegaki AN. An Antidote to the Resource Curse: The Blessing of Renewable Energy. IJEEP. 2013;3(4):321-32.