The Effect of Changes in the Productivity of Economic Sectors on the Consumption of Renewable and Non-Renewable Energy, Thermal Energy, Economic Growth and Development
Subject Areas : Labor and Demographic Economics
mohammad oveicy
1
(
PhD student in Economics, International Campus, Ferdowsi University, Mashhad, Iran
)
Masoud Homayounifar
2
(
Associate Professor, Department of Economics, Ferdowsi University, Mashhad, Iran
Mashhad
Iran
)
Sayed Mahdi Mostafavi
3
(
Assistant Professor, Department of Economics, Ferdowsi University, Mashhad, Iran
)
Ali Akbar Naji Meidani
4
(
Associate Professor, Department of Economics, Ferdowsi University, Mashhad, Iran
)
Keywords: Economic Growth, O44, JEL Classification: Q42, O13 Keywords: Productivity, Renewable and Non-Renewable Energy,
Abstract :
The purpose of this paper is to investigate the effect of productivity changes in economic sectors on renewable and non-renewable energy consumption, heat energy, economic growth and development using estimation of production functions by Tong and Peng method (2018) in the framework of scenario making technique (including three scenarios). The results showed that the nine sectors of the total economy and their productivity in the period 1353 - 1393 is between 3.175 to 4.59 million Rials; Therefore, the starting point of productivity is the lower limit of productivity of the performance range of 3.175. Also, in the sectors of economy, industry and mining, electricity (power plants) and construction, even with a 30% increase in the lower limit, the productivity of the whole economy is not in the operating range (3.175). Based on the results, it is suggested that planners, managers and economic policy makers increase the productivity of the industry and mining, power plant and construction sectors by more than 30% by changing the technology in order to achieve the appropriate amount of economic growth.
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