Does economic policy uncertainty affect renewable energy consumption?

2021 ◽  
Author(s):  
Muhammad Shafiullah ◽  
Mohammad Dulal Miah ◽  
Md Samsul Alam ◽  
Muhammad Atif
Keyword(s):  
Economic Policy ◽  
Renewable Energy ◽  
Energy Consumption ◽  
Policy Uncertainty ◽  
Renewable Energy Consumption ◽  
Economic Policy Uncertainty

scholarly journals Do Economic Policy Uncertainty and Geopolitical Risk Lead to Environmental Degradation? Evidence from Emerging Economies

2021 ◽  
Vol 13 (11) ◽  
pp. 5866
Author(s):  
Muhammad Khalid Anser ◽  
Qasim Raza Syed ◽  
Hooi Hooi Lean ◽  
Andrew Adewale Alola ◽  
Munir Ahmad
Keyword(s):  
Economic Policy ◽  
Renewable Energy ◽  
Environmental Degradation ◽  
Emerging Economies ◽  
Ecological Footprint ◽  
Policy Implications ◽  
Policy Uncertainty ◽  
Economic Policy Uncertainty ◽  
Integration Test ◽  
The Impact

Since the turn of twenty first century, economic policy uncertainty (EPU) and geopolitical risk (GPR) have escalated across the globe. These two factors have both economic and environmental impacts. However, there exists dearth of literature that expounds the impact of EPU and GPR on environmental degradation. This study, therefore, probes the impact of EPU and GPR on ecological footprint (proxy for environmental degradation) in selected emerging economies. Cross-sectional dependence test, slope heterogeneity test, Westerlund co-integration test, fully modified least ordinary least square estimator, dynamic OLS estimator, and augmented mean group estimator are employed to conduct the robust analyses. The findings reveal that EPU and non-renewable energy consumption escalate ecological footprint, whereas GPR and renewable energy plunge ecological footprint. In addition, findings from the causality test reveal both uni-directional and bi-directional causality between a few variables. Based on the findings, we deduce several policy implications to accomplish the sustainable development goals in emerging economies.

Energy consumption, economic policy uncertainty and carbon emissions; causality evidence from resource rich economies

2020 ◽  
Vol 68 ◽  
pp. 179-190
Author(s):  
Samuel Adams ◽  
Festus Adedoyin ◽  
Eniola Olaniran ◽  
Festus Victor Bekun
Keyword(s):  
Economic Policy ◽  
Energy Consumption ◽  
Carbon Emissions ◽  
Policy Uncertainty ◽  
Economic Policy Uncertainty
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