Does energy trilemma a driver of economic growth? The roles of energy use, population growth, and financial development

Khan, Irfan; Hou, Fujun; Irfan, Muhammad; Zakari, Abdulrasheed; Le, Hoang Phong

doi:10.1016/j.rser.2021.111157

Cited by 188 publications

(62 citation statements)

References 66 publications

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“…While the consumption of resources promotes economic growth, it impedes environmental quality (Khan et al 2021c ). These effects of energy use on economic growth are evident in both the short run and long run (Khan et al 2021d ). Zakari and Khan ( 2021 ) also demonstrate similar evidence when they examine the influences of institutional quality and Chinese investment in Africa on energy consumption and its effects on economic growth.…”

Section: Related Work and Hypothesis Developmentmentioning

confidence: 99%

Are digital business and digital public services a driver for better energy security? Evidence from a European sample

2022

Environ Sci Pollut Res

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This paper empirically analyses the impacts of the digital transformation process in the business and public sectors on energy security (ES). We employ 8 indicators to represent four aspects of energy security, including availability, acceptability, develop-ability, and sustainability. Digital businesses development is captured by e-Commerce (including e-Commerce sales, e-Commerce turnover, e-Commerce web sales) and e-Business (including customer relation management (CRM) usage and cloud usage). Digital public services development is reflected by business mobility and key enablers. Different econometric techniques are utilized in a database of 24 European Union countries from 2011 to 2019. Our estimation results demonstrate that digital businesses play a critical role in improving the acceptability and develop-ability of energy security, while digitalization in public services supports achieving energy sustainability goals. The use of modern digital technology such as big data, cloud computing is extremely important to ensure the security of the energy system, especially the availability of energy. For further discussion on the role of digital public services, we reveal a nonlinear association between digitalization in the public sector and energy intensity and energy consumption, suggesting the acceptability and develop-ability of energy security can be enhanced if the digital transformation process achieves a certain level.

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Section: Related Work and Hypothesis Developmentmentioning

confidence: 99%

Are digital business and digital public services a driver for better energy security? Evidence from a European sample

2022

Environ Sci Pollut Res

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“…The literature provided a link between energy and climate change risks, but assumed it to be linear. Studies [19,21,22,48,49] noticed that there is a non-linear effect of specific types of energy on climate change; directly via CO 2 emissions, or indirectly by creating the capacity to address climate change risk via growth and development. So when a nation transitions to renewable energy, there is a cost in developing the infrastructure, and the sunk cost of discontinuing non-renewable energy.…”

Section: Literature Reviewmentioning

confidence: 99%

“…Substituting conventional energy sources with renewable energy sources in the energy mix can reduce local pollution and reduce climate risks [6,19]. Renewable energy plays an important role in fulfilling Kyoto Protocol commitments, in which the EU-15 committed to reducing greenhouse emissions by 8% from 1990 to 2012 [20,21].…”

Section: Introductionmentioning

confidence: 99%

Role of Energy Mix in Determining Climate Change Vulnerability in G7 Countries

et al. 2022

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Anthropogenic activities are responsible for greenhouse gas emissions, causing extreme events like soil erosion, droughts, floods, forest fires and tornadoes. Fossil fuel consumption produces CO2, and trapping heat is the major reason for a rapid increase in global temperature, and electricity generation is responsible for 25% of greenhouse gas emissions. Fossil fuel consumption, CO2 emissions and their adverse impact have become the focus of efforts to mitigate climate change vulnerability. This study explores empirical determinants of vulnerability to climate change such as ecosystem, food, health and infrastructure. The sustainable use of energy is necessary for development, and a source of response to climate change. The present study focuses on renewable energy consumption to determine climate vulnerability in G7 countries between 1995 and 2019. The panel ARDL approach showed that the renewable to non-renewable energy mix showed a quadratic effect on vulnerability, whereby a minimum threshold of renewable energy is required to witness a reduction in food, health and infrastructure vulnerability. Other results indicate that trade openness and development expenditures reduce health vulnerability. Development expenditures also decrease ecosystem vulnerability, while trade openness increases it. However, both of these variables increase infrastructure vulnerability. Avoiding severe food and water crises requires investment to tackle climate change, conserve energy and water resources, reform global trade and food markets, and adapting and adopting climate-resilient responses to change.

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“…Energy is not only an essential material basis for national development and security, but also the driving force behind the functioning of the national economic system (Hao et al, 2021a;Mukeshimana et al, 2020;Mohsin et al, 2021a;Sun et al, 2021a;Yang et al, 2021a;Khan et al, 2021;Mani et al, 2021;Razzaq et al, 2021). Because China is restructuring its economy and transforming its industries, the conflict between energy supply and demand has worsened (Rehman et al, 2021a;Wu et al, 2021a;Su et al, 2021).…”

Section: Introductionmentioning

confidence: 99%

Assessing the Impact of the Digital Economy on Green Total Factor Energy Efficiency in the Post-COVID-19 Era

Zhang

Cui

2021

Front. Energy Res.

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Digital transformation in the energy sector is an essential tool for promoting the construction of a clean energy system in the post-COVID-19 era. Under the background of digital China strategy and sustainable energy transformation in the post-COVID-19 era, it is meaningful to investigate the relationship between the digital economy and green total factor energy efficiency (GTFEE) to better drive the development of the digital economy and improve GTFEE. For this purpose, this study estimates deeply the impact of the digital economy on GTFEE by applying ordinary least squares (OLS), panel vector autoregression (PVAR), panel threshold, and mediation effect models based on panel data of 30 Chinese provinces from 2006 to 2018. The statistical results indicate that digital economy is conducive to improving GTFEE. Digital economy can significantly contribute to GTFEE by improving economic growth level, urbanization level, R&D investment, and human capital. The most interesting finding was that there is also a non-linear relationship between digital economy and GTFEE. The effect of digital economy on GTFEE is shown to be first promoted and then inhibited as digital economy level continues to increase. Further, the positive impact of the digital economy on GTFEE is strengthened with increasing levels of economic growth, urbanization, R&D input, and human capital. Finally, A positive correlation was found between digital economy and GTFEE in the eastern and central regions, but insignificantly in other regions.

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Does energy trilemma a driver of economic growth? The roles of energy use, population growth, and financial development

Cited by 188 publications

References 66 publications

Are digital business and digital public services a driver for better energy security? Evidence from a European sample

Are digital business and digital public services a driver for better energy security? Evidence from a European sample

Role of Energy Mix in Determining Climate Change Vulnerability in G7 Countries

Assessing the Impact of the Digital Economy on Green Total Factor Energy Efficiency in the Post-COVID-19 Era

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