Do renewable energy consumption and financial development matter for environmental sustainability? New global evidence

Sustainable Development, Journal Year: 2020, Volume and Issue: 29(4), P. 583 - 594

Published: Dec. 28, 2020

Abstract The present study aims to explore the long‐run and causal effect of financial development renewable energy consumption on environmental sustainability while controlling technological innovation economic growth within global framework. In line with aim study, fully modified OLS (FMOLS), dynamic (DOLS), canonical cointegrating regression (CCR), Bayer Hanck cointegration, frequency‐domain causality tests are employed. Empirical evidence confirms existence a linkage among variables. also finds that in long run, have significant positive sustainability, increases carbon emission flaring around world. Within framework, therefore, recommends order increase quality, policy‐makers should further consider roles by implementing reform policies both developed developing countries.

Language: Английский

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The effect of financial development on renewable energy demand: The case of developing countries

Renewable Energy, Journal Year: 2021, Volume and Issue: 178, P. 1370 - 1380

Published: July 6, 2021

Language: Английский

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The heterogeneity of renewable energy consumption, carbon emission and financial development in the globe: A panel quantile regression approach

Energy Reports, Journal Year: 2020, Volume and Issue: 6, P. 859 - 867

Published: April 14, 2020

The present study examines the heterogeneity of renewable energy consumption, Carbon dioxide emission and financial development in global panel 192 countries. Panel quantile regression has been used for tickling distributional unobserved individual heterogeneity. findings indicate that our variables model on each others are heterogeneous across quantiles. More specifically, effect consumption carbon is negative while increasing influence emission. decreases use positively affects consumption. also found. Finally, current give important recommendations to policy makers.

Language: Английский

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Impact of technological innovation, financial development and foreign direct investment on renewable energy, non-renewable energy and the environment in belt & Road Initiative countries

Renewable Energy, Journal Year: 2021, Volume and Issue: 171, P. 479 - 491

Published: Feb. 23, 2021

Language: Английский

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The relationship of renewable energy consumption to financial development and economic growth in China

Renewable Energy, Journal Year: 2021, Volume and Issue: 170, P. 897 - 904

Published: Feb. 10, 2021

Language: Английский

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The emerging driving force of energy consumption in China: Does digital economy development matter?

Energy Policy, Journal Year: 2022, Volume and Issue: 165, P. 112997 - 112997

Published: May 4, 2022

Language: Английский

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Role of renewable energy and globalization on ecological footprint in the USA: implications for environmental sustainability

Environmental Science and Pollution Research, Journal Year: 2020, Volume and Issue: 27(24), P. 30681 - 30693

Published: May 29, 2020

Language: Английский

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The implications of renewable and non-renewable energy generating in Sub-Saharan Africa: The role of economic policy uncertainties

Energy Policy, Journal Year: 2021, Volume and Issue: 150, P. 112115 - 112115

Published: Jan. 1, 2021

Language: Английский

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The impact of financial development on renewable energy consumption: Evidence from Turkey

Renewable Energy, Journal Year: 2022, Volume and Issue: 187, P. 169 - 176

Published: Jan. 23, 2022

Language: Английский

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Sustainability perspectives- a review for solar photovoltaic trends and growth opportunities

Journal of Cleaner Production, Journal Year: 2019, Volume and Issue: 227, P. 589 - 612

Published: April 12, 2019

Language: Английский

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