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DOI10.1016/j.resourpol.2022.103041
Effects of institutional quality and political risk on the renewable energy consumption in the OECD countries
Wang, Erhong; Gozgor, Giray; Mahalik, Mantu Kumar; Patel, Gupteswar; Hu, Guoheng
发表日期2022
ISSN0301-4207
EISSN1873-7641
卷号79
英文摘要Higher institutional quality and lower political risk are the essential drivers of rescuing the resource curse and achieving sustainable development since these variables can also affect energy demand via energy transitions. Given this background, this paper examines the effects of novel measures of institutional quality and political risk on renewable energy consumption in the panel dataset of 32 Organisation for Economic Co-operation and Development (OECD) member countries from 1997 to 2019. It is observed that a higher level of institutional quality and per capita income increase renewable energy consumption. In addition, economic globalisation and political risk are negatively associated with renewable energy consumption in the long run. Therefore, the policymakers in the OECD countries should consider the role of institutional effectiveness and political risks in renewable energy demand function to ensure a cleaner natural environment in the long run.
英文关键词Renewable energy demand; Renewable energy consumption; Institutional quality; Political risk; Economic globalisation; Panel ARDL estimations
语种英语
WOS研究方向Environmental Studies
WOS类目Social Science Citation Index (SSCI)
WOS记录号WOS:000867670600003
来源期刊RESOURCES POLICY
文献类型期刊论文
条目标识符http://gcip.llas.ac.cn/handle/2XKMVOVA/280838
作者单位Henan Normal University; University of Bradford; Istanbul Medeniyet University; Lebanese American University; Indian Institute of Technology System (IIT System); Indian Institute of Technology (IIT) - Kharagpur; Henan Normal University
推荐引用方式
GB/T 7714
Wang, Erhong,Gozgor, Giray,Mahalik, Mantu Kumar,et al. Effects of institutional quality and political risk on the renewable energy consumption in the OECD countries[J],2022,79.
APA Wang, Erhong,Gozgor, Giray,Mahalik, Mantu Kumar,Patel, Gupteswar,&Hu, Guoheng.(2022).Effects of institutional quality and political risk on the renewable energy consumption in the OECD countries.RESOURCES POLICY,79.
MLA Wang, Erhong,et al."Effects of institutional quality and political risk on the renewable energy consumption in the OECD countries".RESOURCES POLICY 79(2022).
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