Izvorni znanstveni članak
https://doi.org/10.1080/1331677X.2022.2092763
Novel research methods for energy use, carbon emissions, and economic growth: evidence from the USA
Xiaoxi Liu
Xiaoling Yuan
Sažetak
Researchers and governments are debating whether to use
renewable energy sources or fossil fuels. The impact of the final
decision on developed and developing regions is either the same
or different. To investigate the answers to these issues, the current
study used panel data for the US economy from 1985 to
2020. Following preliminary diagnostic testing, the researchers
discovered that the data is stationary at the level and has longrun
cointegration. Furthermore, the influence of economic growth
(GDP), nonrenewable energy (EU), and renewable energy consumption
was investigated using the quantile regression
approach (REC). The analysis discovered that the impact of GDP
and the EU on carbon emissions is lowest in industrialized countries
and highest in underdeveloped countries. However, the corrective
influence of REC on carbon emissions is lowest in
industrialized countries and highest in developing regions.
Although the GDP and EU have less influence on carbon emissions,
the corrective effect of REC is also the least; consequently,
policymakers should encourage the aggregate production system
to use more REC than the EU as a sustainable alternative.
Ključne riječi
Carbon emission; fossil fuel consumption; renewable energy; US; quantile regression
Hrčak ID:
304187
URI
Datum izdavanja:
31.3.2023.
Posjeta: 199 *