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Factors Affecting the Consumption of Renewable Energy (Emphasis on the Income Inequality): Evidence from Developed and Developing Countries (ARDL-PMG Model Approach)
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Maryam Sharifnezhad *1   , Mahdi MohammadiRaz , MohammadHassan Fotros |
| 1- , m_sharifnejad2006@yahoo.com |
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Abstract: (6 Views) |
| Factors Affecting the Consumption of Renewable Energy (Emphasis on the Income Inequality): Evidence from Developed and Developing Countries (ARDL-PMG Model Approach) Mehdi MohammadiRaz Department of Economics, Faculty of Management, Accounting and Economics, Arak Branch, Islamic Azad University, Arak, Iran, (mmraz3041@chmail.ir) Maryam Sharifnezhad Department of Economics, Faculty of Management, Accounting and Economics, Arak Branch, Islamic Azad University, Arak, Iran, (m_sharifnejad2006@yahoo.com) Mohammad Hassan Fotros Department of Economics, Faculty of Economic and Social Sciences, Bu-Ali Sina University, Hamedan, Iran, (fotros@basu.ac.ir) Received: 2024/10/11 Accepted: 2025/03/09 Abstract 5 The Environmental issues due to the productive activities, has been raised the necessity of pay serious attention to the externalities effects of fossil energy consumption and the exigency to replacement non-renewable fossil energy by green energy more than has already. so, recognition the factors affect the consumption of renewable energy can help to make a more successful policy to develop this alternative.This paper studies the effect of macroeconomic variables on renewable energy consumption in selected developed and developing countries for the period of 1990-2022 using panel data with the ARDL-PMG econometric approach. According to the results, the income inequality in both groups of countries has a negative effect on clean energy consumption, but the effects of other variables are different. Therefore, it is recommended that governments pay special attention to the importance of reducing income inequality in their economic development policies. JEL Classification: Q42, Q56, Q58, C82, C23. Keywords: renewable energy consumption, income inequality, ARDL-PMG |
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| Keywords: : Clean energy, renewable energy consumption, income inequality, ARDL-PMG |
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Full-Text [PDF 651 kb]
(4 Downloads)
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Type of Study: Thesis(PhD.) |
Subject:
انرژي هاي تجديدپذير و تجديدناپذير
Received: 2024/10/11 | Accepted: 2025/03/9 | Published: 2025/09/1 | ePublished: 2025/09/1
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