TY - JOUR ID - 64081 TI - Economic Growth and Renewable Energy in Iran JO - Iranian Economic Review JA - IER LA - en SN - 1026-6542 AU - Mohamad Taghvaee, Vahid AU - Khodaparast Shirazi, Jalil AU - Boutabba, Mohamed Amine AU - Seifi Aloo, Alireza AD - Department of Economic Development and Planning, Faculty of Management and Economics, Tarbiat Modares University AD - Department of Economics, Shiraz Branch, Islamic Azad University, Shiraz, Iran AD - EPEE, Univ Evry, Université Paris-Saclay, 91025, Evry, France AD - University of Mazandaran, Babolsar, Iran Y1 - 2017 PY - 2017 VL - 21 IS - 4 SP - 789 EP - 808 KW - Keywords: Renewable Energy KW - economic growth KW - Iran KW - ARDL. JEL Classification: Q21 KW - Q28 KW - Q43 DO - 10.22059/ier.2017.64081 N2 - Energy plays an active role in sustainable development in Iran, both in the sustainable and the development aspects. This study aims to estimate the nexus of economic growth and the renewable energy in Iran during 1981-2012. We employ the Auto-Regressive Distributed Lag (ARDL) model to estimate a log-linear equation. The results suggest that renewable energy consumption is an insignificant driver to economic growth in Iran, accepting the neutrality hypothesis, despite the significantly corresponding effects of capital and labor force. Although Iran concentrates mainly on the non-renewable energies such as oil and gas, it has a high spare-capacity in the renewable energy field. It can be rooted in the focus of governors on the fossil fuel energies rather than the renewable ones. It leads to the negligible nexus of renewable energy and economic growth. In Iran, renewable energy has a passive role in economic growth both quantitatively and qualitatively. The governors should promote this kind of energy to assign a large part of total energy consumption to it. UR - https://ier.ut.ac.ir/article_64081.html L1 - https://ier.ut.ac.ir/article_64081_003a85369117481e094c1efe5f861560.pdf ER -