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DOI10.1016/j.enpol.2021.112520
Is clean energy prosperity and technological innovation rapidly mitigating sustainable energy-development deficit in selected sub-Saharan Africa? A myth or reality
Adewale Alola A.; Ozturk I.; Bekun F.V.
发表日期2021
ISSN0301-4215
卷号158
英文摘要United Nations Sustainable Development Goals (UN-SDGs) such as access to clean energy (SDG-7), responsible energy consumption (SDG-12) and sustainable economic growth revolves around the subject of human development that resonates with (SDG-8), and among others. Based on these highlights, this study examines sustainable development for the panel of selected Sub-Sahara African countries that are largely plagued with huge energy deficit (energy poverty) and setback in technological innovation. This study leverages on panel econometrics strategies to explore the hypothesized relationship between the outlined indicators for the period 2000–2016 in Sub-Saharan African countries. Empirical results show that human development index (HDI), economic expansion, access to clean energy. and technological innovation exhibits long-run equilibrium relationship. Subsequently, the finding revealed that economic expansion, access to energy and technological innovation in the sampled countries spur higher HDI indices. That is, a 1% increase in economic growth increases HDI by 0.040% and 0.017% in the short and long run respectively. Thus, we can infer that enhanced sustainable economic growth leads to higher HDI indices which encompases higher literacy rate, better income level and increase life expectancy in both short and long run. In contrary, access to clean energy in the selected blocs dampens HDI index in the short run but the effect is statistically positive (desirable) in the long run. © 2021 Elsevier Ltd
英文关键词Clean energy technologies; Sub-saharan Africa; Sustainable development; Technological innovation
语种英语
scopus关键词Economic analysis; Economic and social effects; Energy utilization; Expansion; Planning; Statistics; Clean energy; Clean energy technology; Economic expansion; Human development index; Longest run; Short runs; Sub-saharan africa; Sustainable economic growth; Sustainable energy development; Technological innovation; Sustainable development; alternative energy; econometrics; economic growth; energy market; innovation; Sustainable Development Goal; technological development; Sub-Saharan Africa
来源期刊Energy Policy
文献类型期刊论文
条目标识符http://gcip.llas.ac.cn/handle/2XKMVOVA/256567
作者单位Department of Economics, School of Accounting and Finance, University of Vaasa, Vaasa, 65101, Finland; Department of Economics and Finance, South Ural State University, Chelyabinsk, Russian Federation; Faculty of Economics and Administrative Sciences, Cag University, Mersin, Turkey; Department of Medical Research, China Medical University Hospital, China Medical University, Taichung, Taiwan; Faculty of Economics Administrative and Social sciences, Istanbul Gelisim University, Turkey; South Ural State University, 76 Lenin Aven., Chelyabinsk, 454080, Russian Federation; Department of Finance, Asia University, 500, Lioufeng Rd., Wufeng, Taichung, 41354, Taiwan
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Adewale Alola A.,Ozturk I.,Bekun F.V.. Is clean energy prosperity and technological innovation rapidly mitigating sustainable energy-development deficit in selected sub-Saharan Africa? A myth or reality[J],2021,158.
APA Adewale Alola A.,Ozturk I.,&Bekun F.V..(2021).Is clean energy prosperity and technological innovation rapidly mitigating sustainable energy-development deficit in selected sub-Saharan Africa? A myth or reality.Energy Policy,158.
MLA Adewale Alola A.,et al."Is clean energy prosperity and technological innovation rapidly mitigating sustainable energy-development deficit in selected sub-Saharan Africa? A myth or reality".Energy Policy 158(2021).
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