• مطالعات اقتصادی مرتبط با حاملهای انرژی (فسیلی، تجدیدپذیر و برق)
Ashkan Rahimzadeh
Abstract
The main goal of the research is to investigate the impact of various factors on energy intensity with emphasis on economic complexity and mutual relationship between financial risk and financial development. The statistical data used in this research are from the International Country Risk Guide (ICRG), ...
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The main goal of the research is to investigate the impact of various factors on energy intensity with emphasis on economic complexity and mutual relationship between financial risk and financial development. The statistical data used in this research are from the International Country Risk Guide (ICRG), World Bank, energy balance and MIT University website during the years 2000-2022. In order to estimate the target model, the Auto Regressive distributed Lags approach (ARDL approach) has been used in the framework of short-term dynamic model, long-term relationships and error correction model. ARDL model (1,0,0,0,0,0,0,0,0,0,0) was selected with one interval for energy intensity variable and zero interval for all independent variables based on Schwartz-Bayesian criterion. The results of the ARDL dynamic model in the short-term and long-term show: the effect of energy price and capital per capita on energy intensity is indirect. The effect of variables of economic complexity, trade liberalization, urbanization rate and internet users on energy intensity in the short and long term is direct. Despite its statistical significance, the coefficients of domestic investment and labor force are very small and close to zero. The mutual effects of financial risk and financial development, as well as the foreign direct investment variable, did not have a significant effect on energy intensity in both time periods.
مطالعات اقتصادی مرتبط با حاملهای انرژی (فسیلی، تجدیدپذیر و برق)
Ali Moridian; Zahra Azizi
Abstract
The impact of technological advances on energy consumption is one of the topics that has been considered by many researchers and policymakers. Numerous researchers have tried to evaluate this relationship based on various technology indicators. The index of economic complexity is one of the new indicators ...
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The impact of technological advances on energy consumption is one of the topics that has been considered by many researchers and policymakers. Numerous researchers have tried to evaluate this relationship based on various technology indicators. The index of economic complexity is one of the new indicators that has been used in recent years to measure the level of knowledge and technology in the production structure. In this paper, the index of economic complexity along with energy prices and GDP have been used as determining factors of energy consumption in Iran during the period 1976 to 2018. Quantile regression results show that the coefficients of the variables are different in the deciles. The impact of economic complexity on energy consumption in all deciles has been positive, indicating the dominance of the rebound effect on energy consumption. Price elasticity is less than one in all deciles and less in the higher consumption deciles. In contrast, the income elasticity of energy demand was higher in the upper deciles
