Revealing the Dynamic Influence of Clean Energy Consumption on Economic Sustainability in Pakistan: A Pathway to Sustainable Development
Research Square (Research Square),
Год журнала:
2024,
Номер
unknown
Опубликована: Фев. 13, 2024
Abstract
Ensuring
economic
sustainability
becomes
a
crucial
consideration
when
examining
the
dynamic
consequences
of
both
clean
and
dirty
energy
consumption.
This
study
seeks
to
analyze
influence
consumption,
labor
force,
technological
innovation,
capital
formation
on
Pakistan's
viability
spanning
from
1975
2022.
To
achieve
this,
we
investigated
these
relationships
utilizing
ARDL
simulation
model.
The
findings
indicate
that
consumption
positively
affects
in
short
long
term.
On
other
hand,
Dirty
use
has
short-term
benefits,
it
long-term
detrimental
impacts
economy.
Although
availability
negative
impact
sustainability,
eventually
loses
significance.
Economic
is
continuously
enhanced
by
gross
formation.
enhance
policymakers
should
prioritize
promotion
because
constantly
favorable
effect
over
reduce
drawbacks,
gradual
switch
essential.
Over
time,
development
change,
it's
critical
promote
aforementioned
actions
are
intended
build
robust
sustainable
future
strengthen
sustainability.
Язык: Английский
The Paradox of Progress towards SDG7: Governance Quality and Energy Poverty Dynamics in Pakistan
Sustainability,
Год журнала:
2024,
Номер
16(19), С. 8291 - 8291
Опубликована: Сен. 24, 2024
This
study
investigates
the
multidimensional
aspects
of
energy
poverty
in
Pakistan
from
2000
to
2022,
specifically
evaluating
direct,
indirect,
and
total
effects
socioeconomic
environmental
factors.
We
employed
Partial
Least
Squares
Structural
Equation
Modeling
(PLS-SEM)
examine
impacts
income,
population,
governance
quality,
intensity,
fuel
prices,
renewable
consumption
on
poverty.
The
further
contributes
by
examining
mediating
role
quality
developing
World
Governance
Indicators
(WGI)
Index.
findings
indicate
significant
negative
intensity
Conversely,
population
growth
income
levels
demonstrate
positive
effects,
contradicting
conventional
economic
development
access
assumptions.
establishes
direct
indirect
that
mediate
most
relationships
between
independent
variables
Bootstrapping
analysis
confirms
significance
as
a
mediator.
model
describes
variance
with
robust
predictive
relevance.
emphasizes
need
adopt
comprehensive
strategy
decrease
Pakistan’s
articulating
socioeconomic,
environmental,
Our
offer
valuable
information
for
policymakers
achieve
UN
Sustainable
Development
Goal
7,
embarking
reforms,
promoting
sustainable
growth,
enforcing
investments
efficiency
sources
approaches
2030
SDG
7
deadline.
Язык: Английский