RENEWABLE ENERGY ADOPTION AND ECONOMIC GROWTH: EVIDENCE FROM EMERGING ECONOMIES
Keywords:
Renewable energy, economic growth, emerging economies, sustainable development, MexicoAbstract
Renewable energy adoption is a critical driver of sustainable economic growth in emerging economies. This multidisciplinary study investigates the relationship between renewable energy utilization and economic performance in Mexico, focusing on electricity generation, investment trends, and policy incentives. Using a mixed-method approach combining national energy data (2010–2025) and surveys of 100 energy-sector managers, the study analyzes how renewable energy deployment influences GDP growth, employment, and energy security. Results indicate that increased investment in solar and wind energy positively correlates with economic growth and job creation, while challenges remain in policy implementation, infrastructure, and financing. The study provides recommendations for policymakers and businesses to optimize renewable energy adoption in emerging economies.
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