投资埃塞俄比亚工业产出、可再生能源和可持续经济发展之间的关系：清洁能源重要吗？

IF 9.2 2区经济学 Q1 ECONOMICS

Energy Policy Pub Date : 2025-09-04 DOI:10.1016/j.enpol.2025.114844

Feng Wang, Mulatu Tilahun Debel

{"title":"投资埃塞俄比亚工业产出、可再生能源和可持续经济发展之间的关系：清洁能源重要吗？","authors":"Feng Wang, Mulatu Tilahun Debel","doi":"10.1016/j.enpol.2025.114844","DOIUrl":null,"url":null,"abstract":"<div><div>Sustainable modern energy is crucial for unlocking development potential in countries like Ethiopia, supporting resilient industry and infrastructure. This study examines the relationship between renewable energy, industrial output, and economic growth, emphasizing how clean energy investments enhance productivity and environmental benefits. Using Wavelet coherence and the ARDL Error Correction Model (ECM) methodology, we analyze time series data from 2000 to 2021 sourced from World Development Indicators. Our findings reveal a significant long-run relationship among industry value added, renewable energy consumption (REC), and economic growth, with a strong positive correlation between industrial value added and GDP. Higher REC is associated with increased industrial value added and GDP, underscoring the importance of renewable energy investment for sustainable development. While an increase in renewable energy share boosts industrial output, its positive relationship with CO2 emissions highlights the urgent need for cleaner energy transitions. A high material footprint indicates excessive resource consumption, leading to environmental degradation and economic costs. Granger causality relationships show dynamic interactions among these variables, reinforcing the role of technological advancements in promoting growth. We advocate for policies that align renewable energy initiatives with workforce development to foster growth and employment opportunities, emphasizing energy efficiency and sustainable practices.</div></div>","PeriodicalId":11672,"journal":{"name":"Energy Policy","volume":"207 ","pages":"Article 114844"},"PeriodicalIF":9.2000,"publicationDate":"2025-09-04","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"0","resultStr":"{\"title\":\"Investing in the relationship between industrial output, renewable energy, and sustainable economic development in Ethiopia: Does clean energy matter?\",\"authors\":\"Feng Wang, Mulatu Tilahun Debel\",\"doi\":\"10.1016/j.enpol.2025.114844\",\"DOIUrl\":null,\"url\":null,\"abstract\":\"<div><div>Sustainable modern energy is crucial for unlocking development potential in countries like Ethiopia, supporting resilient industry and infrastructure. This study examines the relationship between renewable energy, industrial output, and economic growth, emphasizing how clean energy investments enhance productivity and environmental benefits. Using Wavelet coherence and the ARDL Error Correction Model (ECM) methodology, we analyze time series data from 2000 to 2021 sourced from World Development Indicators. Our findings reveal a significant long-run relationship among industry value added, renewable energy consumption (REC), and economic growth, with a strong positive correlation between industrial value added and GDP. Higher REC is associated with increased industrial value added and GDP, underscoring the importance of renewable energy investment for sustainable development. While an increase in renewable energy share boosts industrial output, its positive relationship with CO2 emissions highlights the urgent need for cleaner energy transitions. A high material footprint indicates excessive resource consumption, leading to environmental degradation and economic costs. Granger causality relationships show dynamic interactions among these variables, reinforcing the role of technological advancements in promoting growth. We advocate for policies that align renewable energy initiatives with workforce development to foster growth and employment opportunities, emphasizing energy efficiency and sustainable practices.</div></div>\",\"PeriodicalId\":11672,\"journal\":{\"name\":\"Energy Policy\",\"volume\":\"207 \",\"pages\":\"Article 114844\"},\"PeriodicalIF\":9.2000,\"publicationDate\":\"2025-09-04\",\"publicationTypes\":\"Journal Article\",\"fieldsOfStudy\":null,\"isOpenAccess\":false,\"openAccessPdf\":\"\",\"citationCount\":\"0\",\"resultStr\":null,\"platform\":\"Semanticscholar\",\"paperid\":null,\"PeriodicalName\":\"Energy Policy\",\"FirstCategoryId\":\"96\",\"ListUrlMain\":\"https://www.sciencedirect.com/science/article/pii/S0301421525003519\",\"RegionNum\":2,\"RegionCategory\":\"经济学\",\"ArticlePicture\":[],\"TitleCN\":null,\"AbstractTextCN\":null,\"PMCID\":null,\"EPubDate\":\"\",\"PubModel\":\"\",\"JCR\":\"Q1\",\"JCRName\":\"ECONOMICS\",\"Score\":null,\"Total\":0}","platform":"Semanticscholar","paperid":null,"PeriodicalName":"Energy Policy","FirstCategoryId":"96","ListUrlMain":"https://www.sciencedirect.com/science/article/pii/S0301421525003519","RegionNum":2,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"Q1","JCRName":"ECONOMICS","Score":null,"Total":0}

引用次数: 0

摘要

可持续的现代能源对于释放埃塞俄比亚等国的发展潜力、支持有弹性的工业和基础设施至关重要。本研究考察了可再生能源、工业产出和经济增长之间的关系，强调清洁能源投资如何提高生产率和环境效益。利用小波相干性和ARDL误差校正模型（ECM）方法，我们分析了2000年至2021年来自世界发展指标的时间序列数据。我们的研究结果揭示了工业增加值、可再生能源消费（REC）和经济增长之间存在显著的长期关系，工业增加值与GDP之间存在很强的正相关关系。较高的REC与工业增加值和GDP的增加有关，强调了可再生能源投资对可持续发展的重要性。虽然可再生能源份额的增加促进了工业产出，但其与二氧化碳排放的正相关关系凸显了向更清洁能源转型的迫切需要。高的材料足迹意味着过度的资源消耗，导致环境恶化和经济成本。格兰杰因果关系显示了这些变量之间的动态相互作用，强化了技术进步对经济增长的促进作用。我们倡导将可再生能源倡议与劳动力发展相结合的政策，以促进增长和就业机会，强调能源效率和可持续实践。

本文章由计算机程序翻译，如有差异，请以英文原文为准。

查看原文本刊更多论文

Investing in the relationship between industrial output, renewable energy, and sustainable economic development in Ethiopia: Does clean energy matter?

Sustainable modern energy is crucial for unlocking development potential in countries like Ethiopia, supporting resilient industry and infrastructure. This study examines the relationship between renewable energy, industrial output, and economic growth, emphasizing how clean energy investments enhance productivity and environmental benefits. Using Wavelet coherence and the ARDL Error Correction Model (ECM) methodology, we analyze time series data from 2000 to 2021 sourced from World Development Indicators. Our findings reveal a significant long-run relationship among industry value added, renewable energy consumption (REC), and economic growth, with a strong positive correlation between industrial value added and GDP. Higher REC is associated with increased industrial value added and GDP, underscoring the importance of renewable energy investment for sustainable development. While an increase in renewable energy share boosts industrial output, its positive relationship with CO2 emissions highlights the urgent need for cleaner energy transitions. A high material footprint indicates excessive resource consumption, leading to environmental degradation and economic costs. Granger causality relationships show dynamic interactions among these variables, reinforcing the role of technological advancements in promoting growth. We advocate for policies that align renewable energy initiatives with workforce development to foster growth and employment opportunities, emphasizing energy efficiency and sustainable practices.

求助全文

通过发布文献求助，成功后即可免费获取论文全文。去求助

来源期刊

Energy Policy 管理科学-环境科学

CiteScore

17.30

自引率

5.60%

发文量

540

审稿时长

7.9 months

期刊介绍： Energy policy is the manner in which a given entity (often governmental) has decided to address issues of energy development including energy conversion, distribution and use as well as reduction of greenhouse gas emissions in order to contribute to climate change mitigation. The attributes of energy policy may include legislation, international treaties, incentives to investment, guidelines for energy conservation, taxation and other public policy techniques. Energy policy is closely related to climate change policy because totalled worldwide the energy sector emits more greenhouse gas than other sectors.