Anda belum login :: 24 Jul 2025 16:53 WIB
Home
|
Logon
Hidden
»
Administration
»
Collection Detail
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
Process time: 0.125 second(s)