Table 1 Data description and sources.
Variables | Symbol | Sources | The description |
---|---|---|---|
dependent variable | |||
Economic growth | GDP | World Bank | Gross domestic product constant 2015 US $ |
independent variables | |||
Coal consumptions | CC | BP statistics | Final Coal consumption measured by Exajoules |
Oil consumptions | OC | BP statistics | Final oil consumption measured by Exajoules |
Natural gas consumptions | NGC | BP statistics | Final natural gas consumption measured by Exajoules |
Renewable energy consumption | RE | World Bank | Renewable energy consumption (% of total final energy consumption) |
controlling variables | |||
Capital | K | World Bank | Gross capital formation (% of GDP) |
Labor | L | World Bank | Total Labor force (people ages 15 and older) |
Trade openness | TO | World Bank | the sum of exports and imports as a share of GDP |