The Impact of Renewable Energy Consumption on the Human Development Index in Selected Countries: Panel Analysis (1990-2015)

Haidy Amer

doi:doi:10.11648/j.ijeee.20200504.12

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The Impact of Renewable Energy Consumption on the Human Development Index in Selected Countries: Panel Analysis (1990-2015)

Haidy Amer

Published in International Journal of Economy, Energy and Environment (Volume 5, Issue 4)

Received: 14 August 2020 Accepted: 31 August 2020 Published: 10 September 2020

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Abstract

Human Development Index combines three well known dimensions: long healthy life, education and standard of living. Energy influences all these dimensions either directly or indirectly, that is one of the reasons why countries should focus on reducing greenhouse gas emissions that come directly from energy use, and improve energy efficiency activities while at the same time not affecting the human development process. By studying the relationship between energy and human development, through PVAR analysis, this paper contributes to the efforts of promoting renewable energy and energy efficiency while acting globally for climate change mitigation. The analysis covers 4 panels representing four income levels distributed among the globe throughout the period from 1990 to 2015. First and second panel unit root and cointegration tests are being applied after examining for cross sectional correlation between each panel units, then PVAR analysis is being conducted for each panel through a system GMM methodology. Results show that in all of the four panels the impact of renewable energy consumption in reducing the per capita CO2 emissions is found to be insignificant for all of the four panels. Moreover, the impact of the renewable energy consumption on the HDI is found to be insignificant among the selected countries in all of the panels except the lower middle-income countries.

Published in	International Journal of Economy, Energy and Environment (Volume 5, Issue 4)
DOI	10.11648/j.ijeee.20200504.12
Page(s)	47-68
Creative Commons	This is an Open Access article, distributed under the terms of the Creative Commons Attribution 4.0 International License (http://creativecommons.org/licenses/by/4.0/), which permits unrestricted use, distribution and reproduction in any medium or format, provided the original work is properly cited.
Copyright	Copyright © The Author(s), 2020. Published by Science Publishing Group

Keywords

Renewable Energy Consumption, Energy Intensity, Human Development Index

References

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Haidy Amer. (2020). The Impact of Renewable Energy Consumption on the Human Development Index in Selected Countries: Panel Analysis (1990-2015). International Journal of Economy, Energy and Environment, 5(4), 47-68. https://doi.org/10.11648/j.ijeee.20200504.12

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Haidy Amer. The Impact of Renewable Energy Consumption on the Human Development Index in Selected Countries: Panel Analysis (1990-2015). Int. J. Econ. Energy Environ. 2020, 5(4), 47-68. doi: 10.11648/j.ijeee.20200504.12

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AMA Style

Haidy Amer. The Impact of Renewable Energy Consumption on the Human Development Index in Selected Countries: Panel Analysis (1990-2015). Int J Econ Energy Environ. 2020;5(4):47-68. doi: 10.11648/j.ijeee.20200504.12

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@article{10.11648/j.ijeee.20200504.12,
  author = {Haidy Amer},
  title = {The Impact of Renewable Energy Consumption on the Human Development Index in Selected Countries: Panel Analysis (1990-2015)},
  journal = {International Journal of Economy, Energy and Environment},
  volume = {5},
  number = {4},
  pages = {47-68},
  doi = {10.11648/j.ijeee.20200504.12},
  url = {https://doi.org/10.11648/j.ijeee.20200504.12},
  eprint = {https://article.sciencepublishinggroup.com/pdf/10.11648.j.ijeee.20200504.12},
  abstract = {Human Development Index combines three well known dimensions: long healthy life, education and standard of living. Energy influences all these dimensions either directly or indirectly, that is one of the reasons why countries should focus on reducing greenhouse gas emissions that come directly from energy use, and improve energy efficiency activities while at the same time not affecting the human development process. By studying the relationship between energy and human development, through PVAR analysis, this paper contributes to the efforts of promoting renewable energy and energy efficiency while acting globally for climate change mitigation. The analysis covers 4 panels representing four income levels distributed among the globe throughout the period from 1990 to 2015. First and second panel unit root and cointegration tests are being applied after examining for cross sectional correlation between each panel units, then PVAR analysis is being conducted for each panel through a system GMM methodology. Results show that in all of the four panels the impact of renewable energy consumption in reducing the per capita CO2 emissions is found to be insignificant for all of the four panels. Moreover, the impact of the renewable energy consumption on the HDI is found to be insignificant among the selected countries in all of the panels except the lower middle-income countries.},
 year = {2020}
}

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TY  - JOUR
T1  - The Impact of Renewable Energy Consumption on the Human Development Index in Selected Countries: Panel Analysis (1990-2015)
AU  - Haidy Amer
Y1  - 2020/09/10
PY  - 2020
N1  - https://doi.org/10.11648/j.ijeee.20200504.12
DO  - 10.11648/j.ijeee.20200504.12
T2  - International Journal of Economy, Energy and Environment
JF  - International Journal of Economy, Energy and Environment
JO  - International Journal of Economy, Energy and Environment
SP  - 47
EP  - 68
PB  - Science Publishing Group
SN  - 2575-5021
UR  - https://doi.org/10.11648/j.ijeee.20200504.12
AB  - Human Development Index combines three well known dimensions: long healthy life, education and standard of living. Energy influences all these dimensions either directly or indirectly, that is one of the reasons why countries should focus on reducing greenhouse gas emissions that come directly from energy use, and improve energy efficiency activities while at the same time not affecting the human development process. By studying the relationship between energy and human development, through PVAR analysis, this paper contributes to the efforts of promoting renewable energy and energy efficiency while acting globally for climate change mitigation. The analysis covers 4 panels representing four income levels distributed among the globe throughout the period from 1990 to 2015. First and second panel unit root and cointegration tests are being applied after examining for cross sectional correlation between each panel units, then PVAR analysis is being conducted for each panel through a system GMM methodology. Results show that in all of the four panels the impact of renewable energy consumption in reducing the per capita CO2 emissions is found to be insignificant for all of the four panels. Moreover, the impact of the renewable energy consumption on the HDI is found to be insignificant among the selected countries in all of the panels except the lower middle-income countries.
VL  - 5
IS  - 4
ER  -

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Author Information

Haidy Amer

School of Business, Arab Academy for Science, Technology and Maritime Transport, Alexandria, Egypt

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Haidy Amer. (2020). The Impact of Renewable Energy Consumption on the Human Development Index in Selected Countries: Panel Analysis (1990-2015). International Journal of Economy, Energy and Environment, 5(4), 47-68. https://doi.org/10.11648/j.ijeee.20200504.12

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ACS Style

Haidy Amer. The Impact of Renewable Energy Consumption on the Human Development Index in Selected Countries: Panel Analysis (1990-2015). Int. J. Econ. Energy Environ. 2020, 5(4), 47-68. doi: 10.11648/j.ijeee.20200504.12

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AMA Style

Haidy Amer. The Impact of Renewable Energy Consumption on the Human Development Index in Selected Countries: Panel Analysis (1990-2015). Int J Econ Energy Environ. 2020;5(4):47-68. doi: 10.11648/j.ijeee.20200504.12

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@article{10.11648/j.ijeee.20200504.12,
  author = {Haidy Amer},
  title = {The Impact of Renewable Energy Consumption on the Human Development Index in Selected Countries: Panel Analysis (1990-2015)},
  journal = {International Journal of Economy, Energy and Environment},
  volume = {5},
  number = {4},
  pages = {47-68},
  doi = {10.11648/j.ijeee.20200504.12},
  url = {https://doi.org/10.11648/j.ijeee.20200504.12},
  eprint = {https://article.sciencepublishinggroup.com/pdf/10.11648.j.ijeee.20200504.12},
  abstract = {Human Development Index combines three well known dimensions: long healthy life, education and standard of living. Energy influences all these dimensions either directly or indirectly, that is one of the reasons why countries should focus on reducing greenhouse gas emissions that come directly from energy use, and improve energy efficiency activities while at the same time not affecting the human development process. By studying the relationship between energy and human development, through PVAR analysis, this paper contributes to the efforts of promoting renewable energy and energy efficiency while acting globally for climate change mitigation. The analysis covers 4 panels representing four income levels distributed among the globe throughout the period from 1990 to 2015. First and second panel unit root and cointegration tests are being applied after examining for cross sectional correlation between each panel units, then PVAR analysis is being conducted for each panel through a system GMM methodology. Results show that in all of the four panels the impact of renewable energy consumption in reducing the per capita CO2 emissions is found to be insignificant for all of the four panels. Moreover, the impact of the renewable energy consumption on the HDI is found to be insignificant among the selected countries in all of the panels except the lower middle-income countries.},
 year = {2020}
}

Copy | Download

TY  - JOUR
T1  - The Impact of Renewable Energy Consumption on the Human Development Index in Selected Countries: Panel Analysis (1990-2015)
AU  - Haidy Amer
Y1  - 2020/09/10
PY  - 2020
N1  - https://doi.org/10.11648/j.ijeee.20200504.12
DO  - 10.11648/j.ijeee.20200504.12
T2  - International Journal of Economy, Energy and Environment
JF  - International Journal of Economy, Energy and Environment
JO  - International Journal of Economy, Energy and Environment
SP  - 47
EP  - 68
PB  - Science Publishing Group
SN  - 2575-5021
UR  - https://doi.org/10.11648/j.ijeee.20200504.12
AB  - Human Development Index combines three well known dimensions: long healthy life, education and standard of living. Energy influences all these dimensions either directly or indirectly, that is one of the reasons why countries should focus on reducing greenhouse gas emissions that come directly from energy use, and improve energy efficiency activities while at the same time not affecting the human development process. By studying the relationship between energy and human development, through PVAR analysis, this paper contributes to the efforts of promoting renewable energy and energy efficiency while acting globally for climate change mitigation. The analysis covers 4 panels representing four income levels distributed among the globe throughout the period from 1990 to 2015. First and second panel unit root and cointegration tests are being applied after examining for cross sectional correlation between each panel units, then PVAR analysis is being conducted for each panel through a system GMM methodology. Results show that in all of the four panels the impact of renewable energy consumption in reducing the per capita CO2 emissions is found to be insignificant for all of the four panels. Moreover, the impact of the renewable energy consumption on the HDI is found to be insignificant among the selected countries in all of the panels except the lower middle-income countries.
VL  - 5
IS  - 4
ER  -

Copy | Download