Understanding the relationship between natural resources, renewable energy consumption, economic factors, globalization and CO 2 emissions in developed and developing countries

2021 ◽  
Vol 45 (2) ◽  
pp. 138-156
Author(s):  
Bashir Muhammad ◽  
Sher Khan
Keyword(s):  
Developing Countries ◽  
Renewable Energy ◽  
Energy Consumption ◽  
Natural Resources ◽  
Economic Factors ◽  
Renewable Energy Consumption ◽  
The Relationship

scholarly journals Analyzing the relationship between sustainable development indicators and renewable energy consumption

2021 ◽  
Vol 68 (1) ◽  
Author(s):  
Tarek Abdel-Latif Aboul-Atta ◽  
Rania Hamed Rashed
Keyword(s):  
Sustainable Development ◽  
Developing Countries ◽  
Renewable Energy ◽  
Energy Consumption ◽  
Dominant Factor ◽  
Renewable Energy Consumption ◽  
Development Index ◽  
Development Indicators ◽  
Sustainable Development Indicators ◽  
The Relationship

AbstractThe transition to renewable energy sources remains a major challenge for developed and developing countries. Therefore, the study aims at investigating the relationship between sustainable development indicators and renewable energy consumption utilizing integrated data sets for 255 indicators expressing the sustainable development goals from 137 developed and developing countries. Principal component analysis then multiple linear regression tests are employed to conclude a mathematical model representing the numerical relationship between a set of sustainable development indicators and renewable energy consumption. The statistical analysis results include (i) an inverse correlation between Sustainable Development Index which expresses the dominant factor representing collected data and renewable energy consumption, (ii) a set of sustainable development indicators as the determinants of renewable energy consumption. The findings explain the rapid transformation of low Sustainable Development Index countries towards renewable energy technology by realizing the effective role of using renewable energy as a local solution. Moreover, the findings manifest the importance of the given sustainable development indicators in obtaining a more significant increase in renewable energy consumption. Using the concluded mathematical mode, planners and decision-makers can compromise the concluded indicators to attain a serious progressing step towards renewable energy transition aligned with achieving sustainable development.

scholarly journals The dynamics of CO2 emissions, energy consumption and economic development: Evidence from the top 28 greenhouse gas emitters

2021 ◽  
Author(s):  
Lei Jin ◽  
Yuan-hua Chang ◽  
Meng Wang ◽  
Xin-zhu Zheng ◽  
Jian-xun Yang ◽  
...  
Keyword(s):  
Economic Growth ◽  
Developing Countries ◽  
Renewable Energy ◽  
Energy Consumption ◽  
Causal Relationship ◽  
Carbon Emissions ◽  
Carbon Emission ◽  
Developed Countries ◽  
Renewable Energy Consumption ◽  
The Relationship

Abstract Previous studies have done more research on the relationship between carbon emission reduction, energy consumption and economic growth in specific countries or regions, which rarely consider the issue of heterogeneity between countries or regions, and also lack the refinement of energy consumption categories. Using panel data from 2000 to 2017,this paper divided the top 28 global carbon emission countries into developed countries and developing countries, and explores cointegration and causality between renewable energy consumption,non-renewable energy consumption, economic growth and carbon emission. Results suggested that there is a two-way causal relationship between carbon emissions and economic growth in all economies. There is a two-way causal relationshipbetween economic growth in developed countries and consumption of renewable and non-renewable energy, while there is no significant relationship between economic growth and energy consumption in developing countries. There is a two-way causal relationship between carbon emissions and renewable energyin all economies, but there are significant differences; there is a two-way causal relationship between carbon emissions in developed countries and non-renewable energy, and only one-way causality exists in developing countries.

scholarly journals Empirical Research on the Relationship amongst Renewable Energy Consumption, Economic Growth and Foreign Direct Investment in Kazakhstan and Uzbekistan

Energies ◽  
2021 ◽  
Vol 14 (2) ◽  
pp. 332
Author(s):  
Janusz Grabara ◽  
Arsen Tleppayev ◽  
Malika Dabylova ◽  
Leonardus W. W. Mihardjo ◽  
Zdzisława Dacko-Pikiewicz
Keyword(s):  
Economic Growth ◽  
Foreign Direct Investment ◽  
Renewable Energy ◽  
Energy Consumption ◽  
Direct Investment ◽  
Renewable Energy Sources ◽  
Energy Sources ◽  
Renewable Energy Consumption ◽  
Integration Test ◽  
The Relationship

In this contemporary era, environmental problems spread at different levels in all countries of the world. Economic growth does not just depend on prioritizing the environment or improving the environmental situation. If the foreign direct investment is directed to the polluting industries, they will increase pollution and damage the environment. The purpose of the study is to consider the relationship between foreign direct investment in Kazakhstan and Uzbekistan and economic growth and renewable energy consumption. The study is based on data obtained from 1992 to 2018. The results show that there is a two-way link between foreign direct investment and renewable energy consumption in the considered two countries. The Granger causality test approach is applied to explore the causal relationship between the variables. The Johansen co-integration test approach is also employed to test for a relationship. The empirical results verify the existence of co-integration between the series. The main factors influencing renewable energy are economic growth and electricity consumption. To reduce dependence on fuel-based energy sources, Kazakhstan and Uzbekistan need to attract energy to renewable energy sources and implement energy efficiency based on rapid progress. This is because renewable energy sources play the role of an engine that stimulates the production process in the economy for all countries.

scholarly journals The Relationship between Economic Growth and Pollution in Some New European Union Member States: A Dynamic Panel ARDL Approach

Energies ◽  
2021 ◽  
Vol 14 (9) ◽  
pp. 2363
Author(s):  
Mihaela Simionescu ◽  
Carmen Beatrice Păuna ◽  
Mihaela-Daniela Vornicescu Niculescu
Keyword(s):  
Economic Growth ◽  
Renewable Energy ◽  
Energy Consumption ◽  
Ghg Emissions ◽  
Kuznets Curve ◽  
Renewable Energy Consumption ◽  
Panel Ardl ◽  
Domestic Credit ◽  
The Impact ◽  
The Relationship

Considering the necessity of achieving economic development by keeping the quality of the environment, the aim of this paper is to study the impact of economic growth on GHG emissions in a sample of Central and Eastern European (CEE) countries (V4 countries, Bulgaria and Romania) in the period of 1996–2019. In the context of dynamic ARDL panel and environmental Kuznets curve (EKC), the relationship between GHG and GDP is N-shaped. A U-shaped relationship was obtained in the renewable Kuznets curve (RKC). Energy consumption, domestic credit to the private sector, and labor productivity contribute to pollution, while renewable energy consumption reduces the GHG emissions. However, more efforts are required for promoting renewable energy in the analyzed countries.

Brownfield, greenfield, and renewable energy consumption: Moderating role of effective governance

2019 ◽  
Vol 31 (3) ◽  
pp. 405-423
Author(s):  
Farzan Yahya ◽  
Muhammad Rafiq
Keyword(s):  
Renewable Energy ◽  
Energy Consumption ◽  
Positive Association ◽  
Low Risk ◽  
Policy Implications ◽  
Renewable Energy Consumption ◽  
Holistic View ◽  
Government Effectiveness ◽  
The Relationship

This study investigates the influence of greenfield investment and brownfield investment on renewable energy consumption along with the moderating effect of government effectiveness in 68 countries over the period 2013 to 2014. In order to evaluate more holistic view of the empirical model, we further divide our data into two sub-panels based on country risk. By applying the system-GMM technique to mitigate statistical biases including endogeneity, the empirical results show that brownfield and greenfield investment positively influences renewable energy consumption in global and low-risk panel. However, there is no statistically significant effect of brownfield investment and adverse effect of greenfield investment on renewable energy consumption in low-risk countries. Results also show that effective governments promote the use of renewable energy but it does not moderate the relationship between brownfield investment and renewable energy consumption. On the other hand, government effectiveness strengthens the positive association between greenfield investment and renewable energy consumption in global and low-risk panel, while weakens the negative link between these variables in high-risk countries. Policy implications of our results are also discussed.

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