Economic Growth and Renewable Energy Policies in India: An Econometric Analysis of the Relationship between Energy and Growth (2004–2024)
インドにおける経済成長と再生可能エネルギー政策：エネルギーと成長の関係の計量経済学的分析（2004〜2024年） (AI 翻訳)
Mamon Adam Maarof
🤖 gxceed AI 要約
日本語
本研究は、2004年から2024年のインドを対象に、再生可能エネルギー消費と経済成長の関係をARDLモデルで分析。長期的には再生可能エネルギー消費が経済成長に負の影響を与える一方、CO2排出削減に寄与する可能性を示唆。短期的な調整コストと長期的な持続可能性のトレードオフを明らかにした。
English
This study analyzes the relationship between renewable energy consumption and economic growth in India (2004-2024) using ARDL. It finds a negative long-run impact of renewables on growth, likely due to transition costs, but emphasizes CO2 reduction benefits. The results highlight the trade-off between short-term adjustment costs and long-term sustainability.
Unofficial AI-generated summary based on the public title and abstract. Not an official translation.
📝 gxceed 編集解説 — Why this matters
日本のGX文脈において
インドは世界有数のエネルギー消費国であり、日本のエネルギー政策にも参考となる。再生可能エネルギーへの移行に伴う経済成長とのトレードオフは、日本のGX政策でも考慮すべき点。
In the global GX context
India's energy transition experience offers insights for developing economies. The trade-off between renewable expansion and short-term growth is relevant for global climate policy, especially for countries balancing decarbonization with economic development.
👥 読者別の含意
🔬研究者:The ARDL approach and findings on transition costs contribute to empirical literature on renewable energy and growth.
🏛政策担当者:Provides evidence on the need for gradual policy implementation and supportive frameworks to mitigate short-term economic impacts of renewable expansion.
📄 Abstract（原文）
This study examines the relationship between renewable energy consumption and economic growth in India over the period 2004–2024 using the Autoregressive Distributed Lag (ARDL) model, incorporating key macroeconomic variables including government expenditure, foreign direct investment, population growth, and inflation. The results reveal a stable long-run equilibrium relationship among the variables, indicating that renewable energy consumption has a negative and statistically significant impact on economic growth in the long run, which may be attributed to adjustment costs associated with the transition toward cleaner energy systems, while government expenditure also shows a negative effect and population growth contributes positively to economic performance; in contrast, foreign direct investment and inflation do not exhibit significant long-run effects. Overall, the findings suggest that the relationship between renewable energy and economic growth in India is complex and shaped by structural and policy-related factors, and from an environmental perspective, the expansion of renewable energy can contribute to reducing carbon dioxide (CO₂) emissions and supporting long-term sustainability despite potential short-term economic trade-offs. In addition, the short-run dynamics indicate temporary adjustments toward equilibrium following shocks in the system, reinforcing the importance of gradual policy implementation and supportive institutional frameworks to enhance the effectiveness of renewable energy policies in promoting sustainable economic development in India. Overall, the study highlights the dual role of renewable energy as both an economic and environmental driver within the broader context of sustainable growth strategies.
🔗 Provenance — このレコードを発見したソース
- openalex https://doi.org/10.54963/neea.v5i2.2338first seen 2026-06-12 04:42:25
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