Article: Impact of energy intensity, green economy and blue economy to achieve sustainable economic growth in GCC countries: Does Saudi Vision 2030 matters to GCC countries
Renewable energy. 2022 May, v. 191
2022
Abstract: The study examines the role of energy intensity, green economic factors, and blue economic factors to achieve sustainable economic growth in gulf countries. Additionally, we analyze the role of studied factors in view of Saudi Vision 2030. The findings ... ...
Abstract | The study examines the role of energy intensity, green economic factors, and blue economic factors to achieve sustainable economic growth in gulf countries. Additionally, we analyze the role of studied factors in view of Saudi Vision 2030. The findings of asymmetric ARDL report that labor and marine trade are the contributing factors of economic growth in gulf countries. However, the factors have improved in post-Vision 2030 estimations. The negative shocks in energy intensity leads towards sustainable economic growth. The positive shocks in renewable energy, grants, marine trade, and marine tourism are key factors for economic development. In country wide analysis, we recommend gulf countries need to widely focus on green and blue economic factors. For green indicators, research and innovation need extensive reforms to participate in sustainable economic development. In reviewing of the blue factors, we recommend reforms in fishery and marine tourism sectors. |
---|---|
Keywords | economic development ; economic sustainability ; energy ; fisheries ; labor ; renewable energy sources ; tourism ; trade ; vision |
Language | English |
Dates of publication | 2022-05 |
Size | p. 30-46. |
Publishing place | Elsevier Ltd |
Document type | Article |
ZDB-ID | 2001449-1 |
ISSN | 1879-0682 ; 0960-1481 |
ISSN (online) | 1879-0682 |
ISSN | 0960-1481 |
DOI | 10.1016/j.renene.2022.03.122 |
Database | NAL-Catalogue (AGRICOLA) |
More links
Kategorien
Order via subito
This service is chargeable due to the Delivery terms set by subito. Orders including an article and supplementary material will be classified as separate orders. In these cases, fees will be demanded for each order.