Renewable electricity generation and economic growth nexus in developing countries: An ARDL approach

This study examines the short- and long-run of causal correlation between economic growth (G.R.) renewable electricity generation sources for a panel 25 developing nations over period 1990–2017. To do so, second-generation cross-sectional dependence (C.D.) test Im, K.S., Pesaran Augmented Dickey-Fuller unit root test, cointegration, autoregressive distributed lag in view pooled mean group estimation heterogeneous Dumitrescu Hurlin (2012) causality methods are utilised. The main findings indicate that positive significant impact on G.R. shows stimulate long run these selected countries. It is also demonstrated there bidirectional both short run. Based our findings, feedback hypothesis valid