Detail Nexus between green finance, renewable energy and carbon emission: Empirical evidence from selected Asian economies Bibliografi Author: Xu, Lan ; Wu, Yang Topik: non-fossil fuels; non-renewable energy; gross domestic product growth; selected ASIAN countries; green financial activities; panel model Bahasa: (EN )     Penerbit: Elsevier     Tempat Terbit: Oxford    Tahun Terbit: 2023     Jenis: Article - diterbitkan di jurnal ilmiah internasional Fulltext: Lan Xu 2023.pdf (1.14MB; 1 download) Abstract Using data from selected Asian countries from 1995 to 2018, this new article investigated the dynamic correlation among non-fossil fuel and fossil - based energy utilization, economic growth, and Gross domestic product (GDP). For empirical research, the panel co-integration approach with structural breakdowns is employed. The findings indicate that non-fossil fuel and fossil - based energy, economic growth, and economic expansion have a long-term equilibrium connection. In both the short and long term, the panel causality studies reveal bidirectional causation between industrial production and both non-renewable energy and renewable energy consumption. The results from the panel error correction model reveals that the positive (negative) elasticities of nonrenewable energy consumption are 0.96 (1.15), suggesting that a 1% rise (decrease) in nonrenewable energy is expected to increase (reduce) 0.96% (1.15%) in carban dioxide emissions. These findings suggest that selected Asian countries’ industrial production and overall economic growth are still energy-dependent. In addition, there is two directional short run test causality among renewable energy consumption and non-renewable energy consumption might help to create a more sustainable energy economy. Kajian editorial Article from : Renewable Energy, Volume 215, October 2023 Opini Anda Klik untuk menuliskan opini Anda tentang koleksi ini! Lihat Sejarah Pengadaan  Konversi Metadata   Kembali

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