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Urbanization and non-renewable energy demand: A comparison of developed and emerging countries
- Mrabet, Zouhair, Alsamara, Mouyad, Saleh, Ali Salman, Anwar, Sajid
- Energy 2019 v.170 pp. 832-839
- developing countries, empirical research, energy, oils, prices, urbanization
- Much of the current literature that deals with the effect of urbanization on energy demand focuses only on a specific region or a single country. This research extends the current literature by concentrating on a sample of countries containing developed and emerging countries. Our study inspect for those countries the impacts of urbanization and other key determinants on demand of non-renewable energy during the period 1980–2014. In addition, this empirical research employs an advanced heterogeneous panel techniques such as Augmented Mean Groups (AMG). Our empirical results suggest that a one percent rises in urbanization rises the consumption of non-renewable energy by 0.72%. We find that (as compared to the effect of factors such as the GDP and the price of oil) urbanization has the largest effect on non-renewable energy demand.