وثيقة
A systematic review of the relationship between energy consumption and economic growth in GCC countries.
المعرف
DOI: 10.3390/su12093845
المصدر
Sustainability (Switzerland). v. 12, 9, 3845
المساهمون
الدولة
Switzerland
مكان النشر
Basel
الناشر
MDPI.
ميلادي
2020-05-01
اللغة
الأنجليزية
الموضوع
الملخص الإنجليزي
This survey study analyzed the existing literature on the relationship between energy consumption and economic growth in the six Gulf Cooperation Council (GCC) countries (Saudi Arabia, United Arab Emirates, Bahrain, Qatar, Oman and Kuwait). This study identified 59 articles published in 18 journals covering the period 2006-2019. The articles were grouped into two categories: the first category included studies analyzing the energy-growth relationship at the individual country level while the second category included studies analyzing the relationship at a multi-country level. The result of this study revealed that 18% of the observations supported the growth hypothesis, 26% supported the conservation hypothesis, 43% supported the feedback hypothesis and 13% supported the neutral hypothesis. As our analysis found a dominant support for the growth and feedback hypotheses, this implies that the focus of energy policies in GCC countries has been on the supply and the uninterrupted availability for the expansion and growth of their industrial and developmental activities. However, for a sustainable development and growth of the GCC economies and meeting the environmental challenges, there is an urgent need for the expansion of renewable energy technologies in the energy supply mix of GCC countries.
ISSN
2071-1050
URL المصدر
قالب العنصر
مقالات الدوريات