Economic development and the energy intensity of human well-being: Evidence from the GCC countries

Osama D. Sweidan; Ahmed A. Alwaked

doi:10.1016/j.rser.2015.06.001

Economic development and the energy intensity of human well-being: Evidence from the GCC countries

Osama D. Sweidan, Ahmed A. Alwaked

Department of Innovation in Government and Society

Research output: Contribution to journal › Review article › peer-review

37 Citations (Scopus)

Abstract

This paper empirically investigates the effect of economic development on the energy intensity of human well-being (EIWB) in the Gulf Cooperation Council (GCC) during the period (1995-2012). We employ a time-series cross-sectional Prais-Winsten regression model with panel-corrected standard errors (PCSE). We conclude that economic development has had a significant positive impact on EIWB during the period (1995-2012). The results indicate that the stress on the environment had increased in a noticeable manner from 1995 until 2006. However, over the period 2007-2012, the stress went back to the level observed in 1995. This observation is unfortunate from the perspective sustainable economics.

Original language	English
Pages (from-to)	1363-1369
Number of pages	7
Journal	Renewable and Sustainable Energy Reviews
Volume	55
DOIs	https://doi.org/10.1016/j.rser.2015.06.001
Publication status	Published - Mar 2016

Keywords

Energy consumption
GCC countries
Human well-being
Panel analysis
Sustainability economics

ASJC Scopus subject areas

Renewable Energy, Sustainability and the Environment

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10.1016/j.rser.2015.06.001

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title = "Economic development and the energy intensity of human well-being: Evidence from the GCC countries",

abstract = "This paper empirically investigates the effect of economic development on the energy intensity of human well-being (EIWB) in the Gulf Cooperation Council (GCC) during the period (1995-2012). We employ a time-series cross-sectional Prais-Winsten regression model with panel-corrected standard errors (PCSE). We conclude that economic development has had a significant positive impact on EIWB during the period (1995-2012). The results indicate that the stress on the environment had increased in a noticeable manner from 1995 until 2006. However, over the period 2007-2012, the stress went back to the level observed in 1995. This observation is unfortunate from the perspective sustainable economics.",

keywords = "Energy consumption, GCC countries, Human well-being, Panel analysis, Sustainability economics",

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language = "English",

volume = "55",

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T1 - Economic development and the energy intensity of human well-being

T2 - Evidence from the GCC countries

AU - Sweidan, Osama D.

AU - Alwaked, Ahmed A.

PY - 2016/3

Y1 - 2016/3

N2 - This paper empirically investigates the effect of economic development on the energy intensity of human well-being (EIWB) in the Gulf Cooperation Council (GCC) during the period (1995-2012). We employ a time-series cross-sectional Prais-Winsten regression model with panel-corrected standard errors (PCSE). We conclude that economic development has had a significant positive impact on EIWB during the period (1995-2012). The results indicate that the stress on the environment had increased in a noticeable manner from 1995 until 2006. However, over the period 2007-2012, the stress went back to the level observed in 1995. This observation is unfortunate from the perspective sustainable economics.

AB - This paper empirically investigates the effect of economic development on the energy intensity of human well-being (EIWB) in the Gulf Cooperation Council (GCC) during the period (1995-2012). We employ a time-series cross-sectional Prais-Winsten regression model with panel-corrected standard errors (PCSE). We conclude that economic development has had a significant positive impact on EIWB during the period (1995-2012). The results indicate that the stress on the environment had increased in a noticeable manner from 1995 until 2006. However, over the period 2007-2012, the stress went back to the level observed in 1995. This observation is unfortunate from the perspective sustainable economics.

KW - Energy consumption

KW - GCC countries

KW - Human well-being

KW - Panel analysis

KW - Sustainability economics

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DO - 10.1016/j.rser.2015.06.001

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AN - SCOPUS:84931064318

SN - 1364-0321

VL - 55

SP - 1363

EP - 1369

JO - Renewable and Sustainable Energy Reviews

JF - Renewable and Sustainable Energy Reviews

ER -

Economic development and the energy intensity of human well-being: Evidence from the GCC countries

Abstract

Keywords

ASJC Scopus subject areas

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