Izvorni znanstveni članak
https://doi.org/10.1080/1331677X.2022.2054454
Green energy, non-renewable energy, financial development and economic growth with carbon footprint: heterogeneous panel evidence from cross-country
Najia Saqib
Puni tekst: engleski pdf 2.090 Kb
str. 6945-6964
preuzimanja: 467
citiraj
APA 6th Edition
Saqib, N. (2022). Green energy, non-renewable energy, financial development and economic growth with carbon footprint: heterogeneous panel evidence from cross-country. Economic research - Ekonomska istraživanja, 35 (1), 6945-6964. https://doi.org/10.1080/1331677X.2022.2054454
MLA 8th Edition
Saqib, Najia. "Green energy, non-renewable energy, financial development and economic growth with carbon footprint: heterogeneous panel evidence from cross-country." Economic research - Ekonomska istraživanja, vol. 35, br. 1, 2022, str. 6945-6964. https://doi.org/10.1080/1331677X.2022.2054454. Citirano 12.09.2024.
Chicago 17th Edition
Saqib, Najia. "Green energy, non-renewable energy, financial development and economic growth with carbon footprint: heterogeneous panel evidence from cross-country." Economic research - Ekonomska istraživanja 35, br. 1 (2022): 6945-6964. https://doi.org/10.1080/1331677X.2022.2054454
Harvard
Saqib, N. (2022). 'Green energy, non-renewable energy, financial development and economic growth with carbon footprint: heterogeneous panel evidence from cross-country', Economic research - Ekonomska istraživanja, 35(1), str. 6945-6964. https://doi.org/10.1080/1331677X.2022.2054454
Vancouver
Saqib N. Green energy, non-renewable energy, financial development and economic growth with carbon footprint: heterogeneous panel evidence from cross-country. Economic research - Ekonomska istraživanja [Internet]. 2022 [pristupljeno 12.09.2024.];35(1):6945-6964. https://doi.org/10.1080/1331677X.2022.2054454
IEEE
N. Saqib, "Green energy, non-renewable energy, financial development and economic growth with carbon footprint: heterogeneous panel evidence from cross-country", Economic research - Ekonomska istraživanja, vol.35, br. 1, str. 6945-6964, 2022. [Online]. https://doi.org/10.1080/1331677X.2022.2054454
Sažetak
This study examines the relationship between green energy, nonrenewable energy, financial development, and economic growth
with carbon footprint by using panel data from 63 emerging and
developed economies for the time period from 1990 to 2020. The
study utilises second-generation panel data econometrics techniques to investigate cross-section independence and adjust for
cross-section heterogeneity. The studies also used the CIPS and
CADF unit root tests, Wester Lund bootstrap cointegration techniques, and AMG and CCEMG heterogeneous panel causality techniques. The findings show that, over the long run, all variables are
cointegrated. Additionally, the data indicate that non-renewable
energy consumption leads to carbon footprint, whereas green
energy reduces environmental degradation and supports the
reduction of environmental hazards. Likewise, financial development has a considerable negative effect on environmental degradation. A statistically significant bidirectional correlation is
found between green energy, nonrenewable energy, financial
development, economic growth, and carbon footprint according
to the Dumitrescu-Hurlin causality test. Finally, according to the
findings of the study, the economies that were examined should
use more green energy in order to reduce their carbon footprint.
Ključne riječi
Carbon footprint; green energy; non-renewable energy; financial development; economic growth; panel D-H causality test; heterogeneous panel analysis
Hrčak ID:
303025
URI
https://hrcak.srce.hr/303025
Datum izdavanja:
31.3.2023.
Posjeta: 739
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