Izvorni znanstveni članak
https://doi.org/10.1080/1331677X.2022.2035242
Advanced research methods and their applications on the nexus of energy efficiency and environment: evidence from five RCEP economies
Feng Zhang
Yongming Huang
Xiaoli Nan
Sažetak
Using efficient and cleaner energy is environmentally friendly and
is vital for combating the negative effect of emissions on the
environment. Focusing on both developed and developing
nations, it is important to report their environmental conditions
while targeting economic and energy-related factors. In this
regard, the current study is an attempt to investigate the influence of energy efficiency (ENEF), financial inclusion (FIN), economic growth (GDP), environmental-related technological
innovation (ERTI), and human capital index (HCI) on the carbon
dioxide (CO2) emissions for the five selected nations of RCEP. The
variables are found associated in terms of long-run cointegration
relationships. The panel quantile regression estimator is utilized
for empirical estimations, which provide highly significant estimates across the three selected quantiles (25th, 50th and 75th).
The results report that FIN and GDP significantly aggravate environmental degradation by enhancing the CO2 emission level,
among which the strongest CO2 emission growth is found in the
second quantile. Besides, the ENEF, ERTI and HCI significantly
reduce CO2 emission. Based on the empirical findings, this study
provides practical implication focusing on the improvement of
energy efficiency policies and revising financial inclusion policies
in promotion of green investments.
Ključne riječi
Energy efficiency; financial inclusion; environmentalrelated technological innovation; human capital index; panel quantile regression
Hrčak ID:
302866
URI
Datum izdavanja:
31.3.2023.
Posjeta: 167 *