The Effects of Foreign Direct Investment and Technological Innovation on Renewable Energy Consumption Under Varying Market Conditions in the EU

Energies, Год журнала: 2025, Номер 18(6), С. 1353 - 1353

Опубликована: Март 10, 2025

The transition to renewable energy is a critical priority for the European Union. However, roles of foreign direct investment and technological innovation in shaping consumption remain unclear. This study examines their joint influence across 20 Union countries from 2013 2023, employing Method Moments Quantile Regression capture varying effects under different market conditions. findings reveal that consistently enhances consumption, strengthening its impact 0.298 10th 0.488 90th quantile, particularly economies with robust infrastructure. FDI negatively affects all quantiles, coefficients ranging −0.00000228 −0.00000324, suggesting investments may not always align clean goals. Additionally, inflation positively influences implying rising prices drive shift toward renewables, while economic growth initially increases fossil fuel reliance before transitioning cleaner sources. study’s results emphasise need strong policy interventions ensure aligns goals continues adoption.

Язык: Английский

Forging a Sustainable Future in G20 Economies: The Transformative Role of Technological Innovation, Green Finance and Higher Education Amid Globalization and Entrepreneurial Growth

Sustainability, Год журнала: 2025, Номер 17(8), С. 3321 - 3321

Опубликована: Апрель 8, 2025

Environmental degradation poses a significant global challenge which necessitates innovative strategies to achieve sustainability. This study investigates the impact of technological innovation (TCN), higher education (EDU), green finance (GRF), globalization (GLI), and entrepreneurship (ENT) on environmental quality (EQ) in G20 countries. The uses panel data from 2000 2020 investigate relationships between variables. Among various diagnostic tests conducted, Variance Inflation Factor (VIF) confirms that multicollinearity is not present. Furthermore, cross-sectional dependence (CSD) test identifies interdependence among Moreover, slope homogeneity (SL) indicates heterogeneity data. For stationarity check, Cross-Sectional Augmented Im–Pesaran–Shin (CIPS) mixed results. Finally, Cross-Sectionally Autoregressive Distributed Lag (CS-ARDL) Generalized Method Moments (GMM) for long- short-run analysis outcomes CS-ARDL indicate GLI has negative EQ, hence causing deterioration economies. On other hand, TCN, EDU, GRF, ENT show positive impacts therefore enhancing outcomes. Additionally, Dumitrescu–Hurlin causality reveals bidirectional causality, highlights interconnected relationship TCN with EQ. However, demonstrate unidirectional takeaway focuses importance policies promoting innovation, resource efficiency, sustainable practices advance within

Язык: Английский

Financial Innovation and Clean Energy Technology Development: Policy Vs Geopolitics

Renewable Energy, Год журнала: 2025, Номер unknown, С. 122968 - 122968

Опубликована: Март 1, 2025

Язык: Английский