Applied Economics, Год журнала: 2024, Номер unknown, С. 1 - 16
Опубликована: Дек. 22, 2024
This study examines the contributory role of financial inclusion and political institutions in global agenda to transition towards a renewable energy economy using comprehensive panel dataset for 119 countries between 2004 2020. For empirical analysis, this adopted dynamic two-step generalized method moment estimator address endogeneity. The findings show that has positive statistically significant effect on usage. Also, institutions' variables have These remain robust even when Driscoll-Kraay is applied cross-sectional temporal dependence. also explores whether impact influenced by state Partially Linear Functional Coefficient (PLFC) model. PLFC model demonstrates with an improvement variable scores, significantly stimulates Finally, heterogeneous across geographical regions. underscore need integrate policies strengthen facilitate agenda.
Язык: Английский