سیاستگذاریهای اقتصادی و مالی در حوزههای فوقالذکر در سطوح ملی، منطقهای و جهانی
Musa Khoshkalam Khosroshahi; Zahra Moradi
Abstract
Energy is a input in the production sector and used in the distribution and consumption of many goods and services, which should be used optimally. One of the indicators showing the optimal use of energy input is the EII. Obviously, the lower the EI, it means that less energy has been used for each unit ...
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Energy is a input in the production sector and used in the distribution and consumption of many goods and services, which should be used optimally. One of the indicators showing the optimal use of energy input is the EII. Obviously, the lower the EI, it means that less energy has been used for each unit of production of goods and services. Several factors can be mentioned that affect EI, of which innovation is one of the key ones. Purpose of this article is to investigate the influence of several factors on EI in selected countries of the MENA region during the period of 2010-2020. The panel data model for 13 selected MENA countries have been used. The results show that the influence of control variables including "government consumption expenditure", "energy price" and "trade openness" on EI is negative and significant. The findings of the first model indicate a negative and significant effect of the OII on EI, and the estimation results of the second and third models also indicate a negative and significant effect of the innovation sub-indices (ICT and financial access) on the energy intensity of the selected countries in the period. is under investigation. Considering the findings of the research, it is recommended that the economic policy makers pay special attention to the category of innovation and place their investments and policies with more focus in this area, because according to the findings of the research, innovation is an effective factor in reducing energy intensity