气候变化领域集成服务门户(CCPortal): Renewable energy consumption - financial globalization-tourism nexus with nonlinearity and cross-sectional dependence during Asia's carbon-free transition

CCPortal

DOI	10.1007/s11356-024-32043-4
	Renewable energy consumption - financial globalization-tourism nexus with nonlinearity and cross-sectional dependence during Asia's carbon-free transition
	Fang, Lin; Hu, Bin; Sher, Falak
发表日期	2024
ISSN	0944-1344
EISSN	1614-7499
英文摘要	Adopting renewable energy consumption is one of the most important aspects of international efforts to combat climate change, improve energy security, and encourage the shift to a more robust and sustainable energy system. Therefore, the empirics and policymakers worldwide are searching for factors that can promote renewable energy consumption. This analysis intends to investigate the role of financial globalization and tourism on renewable energy consumption in Asia and sub-regions such as Central Asia, East Asia, South Asia, Southeast Asia, and West Asia. The analysis utilized the linear and nonlinear CS-ARDL methods. Long-run outcomes of the linear and nonlinear models confirm that a rise in financial globalization and tourism promotes renewable energy consumption in Asia and all sub-regions. However, the nonlinear model highlights that a fall in financial globalization hurts renewable energy consumption in Central and South Asian regions, and tourism only hurts renewable energy consumption in Asia. In addition, ICT, GDP, and GHG emissions help promote renewable energy consumption. These results suggest that Asian policymakers must increase collaboration in the financial sectors and promote sustainable tourism in the regions to promote renewable energy consumption.
英文关键词	Renewable energy consumption; Financial globalization; Tourism
语种	英语
WOS研究方向	Environmental Sciences & Ecology
WOS类目	Environmental Sciences
WOS记录号	WOS:001160474100004
来源期刊	ENVIRONMENTAL SCIENCE AND POLLUTION RESEARCH
文献类型	期刊论文
条目标识符	http://gcip.llas.ac.cn/handle/2XKMVOVA/294127
作者单位	Hangzhou City University; University of Sargodha
推荐引用方式 GB/T 7714	Fang, Lin,Hu, Bin,Sher, Falak. Renewable energy consumption - financial globalization-tourism nexus with nonlinearity and cross-sectional dependence during Asia's carbon-free transition[J],2024.
APA	Fang, Lin,Hu, Bin,&Sher, Falak.(2024).Renewable energy consumption - financial globalization-tourism nexus with nonlinearity and cross-sectional dependence during Asia's carbon-free transition.ENVIRONMENTAL SCIENCE AND POLLUTION RESEARCH.
MLA	Fang, Lin,et al."Renewable energy consumption - financial globalization-tourism nexus with nonlinearity and cross-sectional dependence during Asia's carbon-free transition".ENVIRONMENTAL SCIENCE AND POLLUTION RESEARCH (2024).