The effect of renewable and non-renewable energy consumption on the value added of the service sector in the Selected Countries of the Eco Organization
Publish Year: 1393
نوع سند: مقاله کنفرانسی
زبان: English
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شناسه ملی سند علمی:
EAMS01_440
تاریخ نمایه سازی: 19 تیر 1394
Abstract:
This study sought to examine the impact of renewable and non-renewable energy consumption on value added of service sector, for the 9 selected Countries of the ECO Organization; during the period 1994 to 2011. For this purpose, to estimate the effects of variables, panel cointegration techniques by the approach of fully modified ordinary least squares (FMOLS) is used. The results show that Renewable and Non-Renewable energy consumption along with other control variables (Human capital and physical capital) has a positive and significant impact on value added in the service sector during under review period.
Keywords:
Renewable energy consumption , Non-renewable energy consumption , Value added of services sector , Panel cointegration techniques , Eco
Authors
Seyyed Ali Paytakhti Oskooe
Assistant Professor, Department of Economics, College of Management, Economics and Accounting, Tabriz Branch, Islamic Azad University, Tabriz, Iran. (Corresponding Author).
Laleh Tabaghchi Akbari
Master graduate of the economics, Young Researchers and Elite Club, Tabriz Branch, Islamic Azad University, Tabriz, Iran.