Document Type : Research Paper
Authors
Faculty of Management and Economics, Tarbiat Modares University, Tehran, Iran
Abstract
In recent years, overuse of fossil fuels has led to issues such as increasing environmental pollution and global warming. Therefore, finding an alternative to fossil fuels is inevitable. Renewable energy is an endless and clean resource that can be a good alternative to fossil fuels. Reducing environmental pollution, depletion of fossil fuels and job creation are among the reasons for the need to develop renewable energy. Also, the unfavorable indicators of social development such as gender inequality and income inequality in most parts of the world indicate the need for research on this issue. Therefore, the present study is an attempt to find the effect of renewable energy consumption on social development. In this study, the period of time covered includes the years 1990 to 2018 and the studied countries include the member countries of the Organization for Economic Co-Operation and Development, which are the leaders in the field of renewable energy consumption. The method of analysis is through the analysis of panel data in a vector auto regression manner that presents the results based on the interaction and interaction between variables. Findings indicate that that the use of renewable energy has a negative effect on income and gender inequality, a positive effect on government health and education expenditures and life expectancy at birth, and as a result, these effects have a positive effect on social development.
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