Exploring the Relationship between Renewable Energy Sources and Economic Growth. The Case of SAARC Countries
Qiucheng Li,Jacob Cherian,Malik Shahzad Shabbir,Muhammad Safdar Sial,Jing Li,Ioana Mester,Alina Badulescu +6 more
TLDR
In this article, the authors examined the relationship between renewable energy sources and economic growth of the South Asian Association for regional cooperation (SAARC) countries and found that geothermal, hydro, and wind energy sources have a positive significant impact on economic development among SAARC countries.Abstract:
The purpose of this study is to examine the relationship between renewable energy sources and economic growth of the South Asian Association for regional cooperation (SAARC) countries. This study uses three main renewable energy sources, namely geothermal, hydro, and wind.This study collects data set from SAARC countries from 1995 to 2018 and applies a fixed effect test and panel vector error correction model (PVECM) for data analysis. The overall results show that all three renewable energy sources have a positive significant impact on economic development among SAARC countries’ economies. Moreover, hydropower renewable energy has more effects and influences on economic growth as compared to the other two individual sources of renewable energy.read more
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Does globalization matter for environmental degradation? Nexus among energy consumption, economic growth, and carbon dioxide emission
Jun Wen,Nafeesa Mughal,Jin Zhao,Malik Shahzad Shabbir,Gniewko Niedbała,Vipin Jain,Ahsan Anwar +6 more
TL;DR: In this paper, the impact of globalization, non-renewable energy consumption, and economic growth on CO2 emission for selected South Asian economies during 1985-2018 under the EKC framework was examined.
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The role of technological innovation in environmental pollution, energy consumption and sustainable economic growth: Evidence from South Asian economies
Salomov Shoxabbos Nozimjon o'g'li,Nafeesa Mughal,Asma Arif,Vipin Jain,Supat Chupradit,Malik Shahzad Shabbir,Carlos Samuel Ramos-Meza,Rinat Zhanbayev +7 more
TL;DR: In this paper, the causal relationship among technological innovation, environment pollution, energy consumption, and sustainable economic growth from selected South Asian economies was examined using the premises of the EKC framework in order to identify the causal association between energy growth and nexus of CO2 emissions, and found bidirectional causality between economic growth and energy use.
Journal ArticleDOI
The role of technological innovation in environmental pollution, energy consumption and sustainable economic growth: Evidence from South Asian economies
TL;DR: In this article , the causal relationship among technological innovation, environment pollution, energy consumption, and sustainable economic growth from selected South Asian economies was examined using the premises of the EKC framework in order to identify the causal association between energy growth and nexus of CO2 emissions, and found bidirectional causality between economic growth and energy use.
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Renewable energy resources investment and green finance: Evidence from China
TL;DR: In this paper, the authors investigated the causal link between renewable energy investment (IRE) and green finance (GFi), economic growth (GDP), renewable energy electricity output (REEO), and energy investment with private participation (EIPP) for China, covering the time series data over the 1990-2020 period.
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The dynamic association between different strategies of renewable energy sources and sustainable economic growth under SDGs
TL;DR: In this paper , the authors examined the different renewable energy sources and their impact on the economic growth at the state level under sustainable development goal seven (SDG-7) by employing dataset of selected Asian countries.
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