Comparing the Impact of Renewable and Non-Renewable Energy Consumption on the Economic Welfare of Iranian Provinces Using a Panel Data Approach
Purpose: This study aims to compare the impact of renewable and non-renewable energy consumption on the economic welfare of Iranian provinces from 2000 to 2019.Methodology: The Panel Data model was used in this research. The statistical population includes research on the provinces of Iran. Time ser...
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Ayandegan Institute of Higher Education, Tonekabon,
2023-02-01
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Series: | مدیریت نوآوری و راهبردهای عملیاتی |
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Online Access: | http://www.journal-imos.ir/article_149121_a21a5c421a86b121e55634c3ccab2e95.pdf |
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author | Mahmoud Rahimi Mohammad Mirbagherijam Ebrahim Ghaed Akram Noorani |
author_facet | Mahmoud Rahimi Mohammad Mirbagherijam Ebrahim Ghaed Akram Noorani |
author_sort | Mahmoud Rahimi |
collection | DOAJ |
description | Purpose: This study aims to compare the impact of renewable and non-renewable energy consumption on the economic welfare of Iranian provinces from 2000 to 2019.Methodology: The Panel Data model was used in this research. The statistical population includes research on the provinces of Iran. Time series information about these provinces has been collected from data available in the Energy Balance, Statistics Center, and Iran Economic and Financial Database, which was tested using Eviews software. Variables used in this study include consumption of renewable energy and non-renewable energy sources (solar, hydropower, wind, geothermal, oil, gas, and gasoline), economic welfare, population, labour, unemployment rate, inflation rate, income distribution inequality (Gini coefficient) and real GDP.Findings: The results showed that the consumption of renewable energy has a positive and significant impact, and the consumption of non-renewable energy has a negative and significant impact on welfare. Also, the variables of the unemployment rate, inflation rate, and income distribution inequality (Gini coefficient) have a negative and significant effect, and the variables of population growth rate, GDP, and labour productivity have a positive and significant impact on economic welfare.Originality/Value: The study showed that using renewable energy in the provinces of Iran has a more significant effect than non-renewable energy in increasing economic welfare. Investing in this production unit can improve the share of renewable energy use in Iran |
format | Article |
id | doaj-art-45580417c1764066bdd5ecf33c017697 |
institution | Kabale University |
issn | 2783-1345 2717-4581 |
language | fas |
publishDate | 2023-02-01 |
publisher | Ayandegan Institute of Higher Education, Tonekabon, |
record_format | Article |
series | مدیریت نوآوری و راهبردهای عملیاتی |
spelling | doaj-art-45580417c1764066bdd5ecf33c0176972025-01-30T14:56:07ZfasAyandegan Institute of Higher Education, Tonekabon,مدیریت نوآوری و راهبردهای عملیاتی2783-13452717-45812023-02-013440642210.22105/imos.2022.319456.1197149121Comparing the Impact of Renewable and Non-Renewable Energy Consumption on the Economic Welfare of Iranian Provinces Using a Panel Data ApproachMahmoud Rahimi0Mohammad Mirbagherijam1Ebrahim Ghaed2Akram Noorani3Department of Economics, Shahroud University of Technology, Shahroud, Iran.Department of Economics, Shahroud University of Technology, Shahroud, Iran.Department of Economics, Ferdowsi University of Mashhad, Mashhad, Iran.Department of Economics, Shahroud University of Technology, Shahroud, Iran.Purpose: This study aims to compare the impact of renewable and non-renewable energy consumption on the economic welfare of Iranian provinces from 2000 to 2019.Methodology: The Panel Data model was used in this research. The statistical population includes research on the provinces of Iran. Time series information about these provinces has been collected from data available in the Energy Balance, Statistics Center, and Iran Economic and Financial Database, which was tested using Eviews software. Variables used in this study include consumption of renewable energy and non-renewable energy sources (solar, hydropower, wind, geothermal, oil, gas, and gasoline), economic welfare, population, labour, unemployment rate, inflation rate, income distribution inequality (Gini coefficient) and real GDP.Findings: The results showed that the consumption of renewable energy has a positive and significant impact, and the consumption of non-renewable energy has a negative and significant impact on welfare. Also, the variables of the unemployment rate, inflation rate, and income distribution inequality (Gini coefficient) have a negative and significant effect, and the variables of population growth rate, GDP, and labour productivity have a positive and significant impact on economic welfare.Originality/Value: The study showed that using renewable energy in the provinces of Iran has a more significant effect than non-renewable energy in increasing economic welfare. Investing in this production unit can improve the share of renewable energy use in Iranhttp://www.journal-imos.ir/article_149121_a21a5c421a86b121e55634c3ccab2e95.pdfrenewable energies consumptionnon-renewable energies consumptioneconomic welfareprovinces of iran |
spellingShingle | Mahmoud Rahimi Mohammad Mirbagherijam Ebrahim Ghaed Akram Noorani Comparing the Impact of Renewable and Non-Renewable Energy Consumption on the Economic Welfare of Iranian Provinces Using a Panel Data Approach مدیریت نوآوری و راهبردهای عملیاتی renewable energies consumption non-renewable energies consumption economic welfare provinces of iran |
title | Comparing the Impact of Renewable and Non-Renewable Energy Consumption on the Economic Welfare of Iranian Provinces Using a Panel Data Approach |
title_full | Comparing the Impact of Renewable and Non-Renewable Energy Consumption on the Economic Welfare of Iranian Provinces Using a Panel Data Approach |
title_fullStr | Comparing the Impact of Renewable and Non-Renewable Energy Consumption on the Economic Welfare of Iranian Provinces Using a Panel Data Approach |
title_full_unstemmed | Comparing the Impact of Renewable and Non-Renewable Energy Consumption on the Economic Welfare of Iranian Provinces Using a Panel Data Approach |
title_short | Comparing the Impact of Renewable and Non-Renewable Energy Consumption on the Economic Welfare of Iranian Provinces Using a Panel Data Approach |
title_sort | comparing the impact of renewable and non renewable energy consumption on the economic welfare of iranian provinces using a panel data approach |
topic | renewable energies consumption non-renewable energies consumption economic welfare provinces of iran |
url | http://www.journal-imos.ir/article_149121_a21a5c421a86b121e55634c3ccab2e95.pdf |
work_keys_str_mv | AT mahmoudrahimi comparingtheimpactofrenewableandnonrenewableenergyconsumptionontheeconomicwelfareofiranianprovincesusingapaneldataapproach AT mohammadmirbagherijam comparingtheimpactofrenewableandnonrenewableenergyconsumptionontheeconomicwelfareofiranianprovincesusingapaneldataapproach AT ebrahimghaed comparingtheimpactofrenewableandnonrenewableenergyconsumptionontheeconomicwelfareofiranianprovincesusingapaneldataapproach AT akramnoorani comparingtheimpactofrenewableandnonrenewableenergyconsumptionontheeconomicwelfareofiranianprovincesusingapaneldataapproach |