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DOI | 10.3390/en17030750 |
How Does Renewable Energy Respond to Financial Globalization and Information and Communications Technology Trade? | |
Fan, Chaoqun; Usman, Ahmed | |
发表日期 | 2024 |
EISSN | 1996-1073 |
起始页码 | 17 |
结束页码 | 3 |
卷号 | 17期号:3 |
英文摘要 | Policymakers are looking at renewable energy as a substitute for traditional fossil fuels due to the growing concern about climate change and sustainable development. However, in the case of Asian countries, nothing is known about how ICT trade and financial globalization affect renewable energy consumption. To fill this gap, we have gathered data across 24 Asian economies, and a dynamic panel data approach known as GMM panel VAR is applied. The key outcomes of the GMM panel VAR underscore that ICT trade, financial globalization, and GDP favorably impact the current renewable energy consumption. Furthermore, the panel causality results indicate bidirectional causality between ICT trade, financial globalization, and renewable energy consumption. These findings have policy-relevant implications, highlighting the significance of financial liberalization and ICT-enabled trade in promoting renewable energy usage in Asian nations. |
英文关键词 | renewable energy; financial globalization; ICT trade; GMM panel VAR |
语种 | 英语 |
WOS研究方向 | Energy & Fuels |
WOS类目 | Energy & Fuels |
WOS记录号 | WOS:001160492700001 |
来源期刊 | ENERGIES |
文献类型 | 期刊论文 |
条目标识符 | http://gcip.llas.ac.cn/handle/2XKMVOVA/291368 |
作者单位 | University of Glasgow |
推荐引用方式 GB/T 7714 | Fan, Chaoqun,Usman, Ahmed. How Does Renewable Energy Respond to Financial Globalization and Information and Communications Technology Trade?[J],2024,17(3). |
APA | Fan, Chaoqun,&Usman, Ahmed.(2024).How Does Renewable Energy Respond to Financial Globalization and Information and Communications Technology Trade?.ENERGIES,17(3). |
MLA | Fan, Chaoqun,et al."How Does Renewable Energy Respond to Financial Globalization and Information and Communications Technology Trade?".ENERGIES 17.3(2024). |
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