Empirical analysis of the economic complexity boost on the impact of energy transition on economic growth: A panel data study of 124 countries

Sarsar, Lamiae; Echaoui, Abdellah

doi:10.1016/j.energy.2024.130712

Cited by 12 publications

(4 citation statements)

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“…A comparison of hydrogen's advantages and disadvantages with renewable energy sources was presented in the article, including an analysis of its production, storage, distribution, and use as an energy carrier. Lamiae et al [26] examined how monetary complexity modifies the relationship between economic growth and energy transition using robust weighted least squares estimation techniques from 124 countries from 2000 to 2020, and found that energy transition negatively impacts economic growth in general. An initial assessment of solar photovoltaic project sites was performed using satellite imagery by Nagendra et al [27].…”

Section: Research On Energy Transitionmentioning

confidence: 99%

A Study on the Distribution Dynamics, Regional Disparities, and Convergence of China’s Energy Transition

Tian,

Gao,

Hao

2024

Energies

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Energy transition, as a crucial aspect of the country’s high-value-added economic development, involves the construction of an energy transition index system and empirical analysis using methods such as the entropy weighting method, kernel density estimation, Markov chain, Dagum Gini coefficient, σ-convergence, and β-convergence. This study measures the level of energy transition in 280 Chinese cities from 2010 to 2019 and analyzes their evolutionary trends, regional disparities, structural differences, and convergence. The findings reveal that China’s energy transition generally exhibits characteristics of “improvement in development levels and reduction in absolute disparities”. The disparities in energy transition primarily stem from developmental differences among the three major regions, displaying typical σ-convergence and β-convergence characteristics. This analysis contributes to understanding the real level and distribution features of China’s energy transition, providing a basis for identifying focal points for enhancing energy transition in the current and future stages.

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Section: Research On Energy Transitionmentioning

confidence: 99%

A Study on the Distribution Dynamics, Regional Disparities, and Convergence of China’s Energy Transition

Tian,

Gao,

Hao

2024

Energies

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“…These data comprise repeated observations of discrete events over time for each individual or unit. Overall, discussions in panel data encompass topics like developing robust statistical models, devising efficient estimation techniques, and addressing challenges related to data heterogeneity, unit root problems, and correlation structures [5][6][7].…”

Section: Introductionmentioning

confidence: 99%

A Generalized Residual-Based Test for Fractional Cointegration in Panel Data with Fixed Effects

Olaniran,

Allohibi

et al. 2024

Mathematics

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Asymptotic theories for fractional cointegrations have been extensively studied in the context of time series data, with numerous empirical studies and tests having been developed. However, most previously developed testing procedures for fractional cointegration are primarily designed for time series data. This paper proposes a generalized residual-based test for fractionally cointegrated panels with fixed effects. The test’s development is based on a bivariate panel series with the regressor assumed to be fixed across cross-sectional units. The proposed test procedure accommodates any integration order between [0,1], and it is asymptotically normal under the null hypothesis. Monte Carlo experiments demonstrate that the test exhibits better size and power compared to a similar residual-based test across varying sample sizes.

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“…36−40 Some researchers find a positive correlation between energy transition and economic growth in well-to-do economies, 38−40 while others find a negative correlation in poorer econo-mies. 36,37 Other researchers have addressed the oftenneglected social and cultural aspects of energy transition. 41−45 However, issues such as lifestyle change, public acceptance of new energy systems, and a just transition are difficult to quantify.…”

Section: Introductionmentioning

confidence: 99%

“…It concludes that achieving this goal will require major technological breakthroughs, half of which are not yet available today . There are also numerous publications on the nexus between energy transition and economic growth. − Some researchers find a positive correlation between energy transition and economic growth in well-to-do economies, − while others find a negative correlation in poorer economies. , Other researchers have addressed the often-neglected social and cultural aspects of energy transition. − However, issues such as lifestyle change, public acceptance of new energy systems, and a just transition are difficult to quantify. New theories have been proposed to bridge this gap. , An economy’s access to domestic and imported energy resources can be a limiting factor in its energy transition.…”

Section: Introductionmentioning

confidence: 99%

A Longitudinal Study on the History of Energy Transition and Its Implications on Global Decarbonization

Lau,

Tsai

2024

Energy Fuels

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A longitudinal study on per capita CO 2 emissions of 164 economies over four decades shows that there is an inverted U-shape relationship between per capita CO 2 emissions and per capita gross domestic product (GDP), as proposed by the environmental Kuznets curve. In general, an economy goes through three stages of energy transition based on its per capita GDP. When an economy's per capita GDP is less than $7000, change in per capita CO 2 emission exceeds or tracks the change in per capita GDP. When an economy's per capita GDP is between $7000 and $24,000, per capita CO 2 emission either tracks or lags behind per capita GDP. When an economy's per capita GDP exceeds $25,000, its per capita CO 2 emission is decoupled from per capita GDP and even decrease. Furthermore, the evolution of energy mix of an economy can be displayed in a ternary diagram, with coal, oil-andgas, and renewable and nuclear energies (REN) at the apexes. Results show that an economy's energy mix generally follows the trend going from coal-dominated to oiland-gas-dominated and then REN-dominated. However, the rate of change in energy mix is slow and is less than one percent point per year for many economies, and therefore, relying solely on REN to replace fossil fuels to achieve net zero by 2050 is impractical. Other options including carbon capture and storage will be needed. An energy mix index is introduced, which can be used to track an economy's progress toward replacing fossil fuels by REN for primary energy consumption.

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Empirical analysis of the economic complexity boost on the impact of energy transition on economic growth: A panel data study of 124 countries

Cited by 12 publications

References 62 publications

A Study on the Distribution Dynamics, Regional Disparities, and Convergence of China’s Energy Transition

A Study on the Distribution Dynamics, Regional Disparities, and Convergence of China’s Energy Transition

A Generalized Residual-Based Test for Fractional Cointegration in Panel Data with Fixed Effects

A Longitudinal Study on the History of Energy Transition and Its Implications on Global Decarbonization

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