The effect of intensity of renewable and non-renewable energy on the economic growth of industrialized countries

Document Type : applicative

Authors

1 Associate Professor, Faculty of Economics and Administrative Sciences, Mazandaran University Department of Energy Economics, Babolsar, Iran

2 Master's graduate in Energy Economics, Mazandaran University

10.30473/jier.2025.72511.1466

Abstract

The energy sector is the basic foundation of economic and social activities of every country. In today's world, the discussion of energy, its supply and consumption is one of the most prominent issues facing mankind. Considering the limited non-renewable energy resources available on earth and the indiscriminate use of fossil fuels, which has resulted in a lot of environmental pollution, the importance of alternative energy sources that are healthier and more reliable is well known. For this reason, in recent years, various countries, both advanced and developing, have paid increasing attention to renewable energies in order to create diversity in the use of energy sources and reduce dependence on an energy carrier and environmental considerations. The current research has investigated the effect of renewable and non-renewable energy intensity on the economic growth of selected countries during the period of 2010-2022 using panel data method. The results of the study show that there is a significant relationship between economic growth and intensity of renewable and non-renewable energy.

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Main Subjects

Journal of Industrial Economics researches
Volume 8, Issue 30
February 2026
Pages 25-40

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History

  • Receive Date: 16 October 2024
  • Revise Date: 04 June 2025
  • Accept Date: 16 June 2025

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