Iranian Energy Economics

The impact of Development of Renewable Energy on Employment in Selected Countries

Articles in Press

Document Type : Research Paper

Authors

Mahdieh Rezagholizadeh 1
Majid Aghaei 2
saman badbareh 3

1 University of Mazandaran

2 Associate professor of economics at university of Mazandaran

3 university of mazandaran

https://doi.org/10.22054/jiee.2025.77800.2060
Abstract
Reports from the International Renewable Energy Agency (IRENA) predict that the expansion of renewable energy resources at the regional level significantly influences employment, contributing to the creation of direct, indirect, and induced jobs across various sectors. In light of this, the present study examines the impact of renewable energy development on employment in two groups of countries—developing and developed—both possessing renewable energy resources, over the period 2008 to 2022. The analysis employs the Dynamic Ordinary Least Squares (DOLS) method.

The findings reveal that installed renewable energy capacity has a positive effect on employment in both country groups, contributing to increased job opportunities. Furthermore, the study identifies a positive relationship between GDP and employment in both developing and developed countries. In contrast, wages show a negative association with employment across both groups. Finally, the results indicate that gross capital formation positively affects employment in developing countries but has a negative impact in developed countries.

Keywords

Renewable energy
employment
developing countries
developed countries
dynamic ordinary least squares
Subjects
Iranian Energy Economics

Articles in Press, Accepted Manuscript
Available Online from 11 May 2025

  • Receive Date 16 January 2024
  • Revise Date 05 May 2025
  • Accept Date 11 May 2025
  • First Publish Date 11 May 2025
  • Publish Date 11 May 2025

Home

Editorial Board

Guide for Authors

Submit Manuscript

Reviewers

Contact Us