Renewable energy in Bangladesh: economic growth and policy perspectives

IF 2.9 Q2 MANAGEMENT
S. Sarker, Shouyang Wang, K. Adnan, P. Pooja, K. Akhi, Khadija Akter
{"title":"Renewable energy in Bangladesh: economic growth and policy perspectives","authors":"S. Sarker, Shouyang Wang, K. Adnan, P. Pooja, K. Akhi, Khadija Akter","doi":"10.1108/jstpm-01-2019-0001","DOIUrl":null,"url":null,"abstract":"\nPurpose\nThe purpose of this study is to see the energy relation to economic growth and find a way to solve the energy crisis for Bangladesh. Bangladesh is facing a high rate depletion of traditional energy sources. Renewable energy technology may be an alternative solution to meeting Bangladesh’s rising energy demand. Despite huge potential, Bangladesh fails to use renewable energy sources properly due to insufficient information and technical knowledge. The present research studied the current energy condition and potentiality of renewable energy with its influence on economic growth in Bangladesh.\n\n\nDesign/methodology/approach\nThis study analyzes the relationship between renewable energy consumption and economic growth of Bangladesh for the period of 2001–2016, based on yearly data, by using multiple regression model where augmented Dickey–Fuller unit root test has been chosen for testing the viability.\n\n\nFindings\nThe result of this study showed that economic growth of Bangladesh is influenced positively by the consumption of renewable energy.\n\n\nPractical implications\nIn addition, SWOT analysis has also done to develop a roadmap, and suggest some policies which will be able to accomplish the country’s climbing energy demands for a short- and long-term solution.\n\n\nOriginality/value\nThis study is an original work for Bangladesh, showing the results of the relationship between renewable energy consumption and economic growth. Therefore, this research will be useful to contribute to the literature review in the near future.\n","PeriodicalId":45751,"journal":{"name":"Journal of Science and Technology Policy Management","volume":" ","pages":""},"PeriodicalIF":2.9000,"publicationDate":"2022-07-15","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"1","resultStr":null,"platform":"Semanticscholar","paperid":null,"PeriodicalName":"Journal of Science and Technology Policy Management","FirstCategoryId":"1085","ListUrlMain":"https://doi.org/10.1108/jstpm-01-2019-0001","RegionNum":0,"RegionCategory":null,"ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"Q2","JCRName":"MANAGEMENT","Score":null,"Total":0}
引用次数: 1

Abstract

Purpose The purpose of this study is to see the energy relation to economic growth and find a way to solve the energy crisis for Bangladesh. Bangladesh is facing a high rate depletion of traditional energy sources. Renewable energy technology may be an alternative solution to meeting Bangladesh’s rising energy demand. Despite huge potential, Bangladesh fails to use renewable energy sources properly due to insufficient information and technical knowledge. The present research studied the current energy condition and potentiality of renewable energy with its influence on economic growth in Bangladesh. Design/methodology/approach This study analyzes the relationship between renewable energy consumption and economic growth of Bangladesh for the period of 2001–2016, based on yearly data, by using multiple regression model where augmented Dickey–Fuller unit root test has been chosen for testing the viability. Findings The result of this study showed that economic growth of Bangladesh is influenced positively by the consumption of renewable energy. Practical implications In addition, SWOT analysis has also done to develop a roadmap, and suggest some policies which will be able to accomplish the country’s climbing energy demands for a short- and long-term solution. Originality/value This study is an original work for Bangladesh, showing the results of the relationship between renewable energy consumption and economic growth. Therefore, this research will be useful to contribute to the literature review in the near future.
孟加拉国的可再生能源:经济增长和政策展望
目的本研究旨在了解能源与经济增长的关系,为孟加拉国解决能源危机找到一条途径。孟加拉国正面临着传统能源的高消耗率。可再生能源技术可能是满足孟加拉国日益增长的能源需求的替代方案。尽管潜力巨大,但由于信息和技术知识不足,孟加拉国未能正确使用可再生能源。本研究研究了可再生能源的能源现状和潜力及其对孟加拉国经济增长的影响。设计/方法/方法本研究基于年度数据分析了2001-2006年孟加拉国可再生能源消费与经济增长之间的关系,通过使用多元回归模型,其中选择了增广Dickey–Fuller单位根检验来测试生存能力。研究结果表明,孟加拉国的经济增长受到可再生能源消费的积极影响。实际含义此外,SWOT分析还制定了路线图,并提出了一些能够实现该国不断攀升的能源需求的短期和长期解决方案的政策。原创性/价值这项研究是孟加拉国的原创作品,展示了可再生能源消费与经济增长之间关系的结果。因此,本研究将有助于在不久的将来对文献进行综述。
本文章由计算机程序翻译,如有差异,请以英文原文为准。
求助全文
约1分钟内获得全文 求助全文
来源期刊
CiteScore
5.90
自引率
8.70%
发文量
57
×
引用
GB/T 7714-2015
复制
MLA
复制
APA
复制
导出至
BibTeX EndNote RefMan NoteFirst NoteExpress
×
提示
您的信息不完整,为了账户安全,请先补充。
现在去补充
×
提示
您因"违规操作"
具体请查看互助需知
我知道了
×
提示
确定
请完成安全验证×
copy
已复制链接
快去分享给好友吧!
我知道了
右上角分享
点击右上角分享
0
联系我们:info@booksci.cn Book学术提供免费学术资源搜索服务,方便国内外学者检索中英文文献。致力于提供最便捷和优质的服务体验。 Copyright © 2023 布克学术 All rights reserved.
京ICP备2023020795号-1
ghs 京公网安备 11010802042870号
Book学术文献互助
Book学术文献互助群
群 号:481959085
Book学术官方微信