Examining the drivers of renewable energy consumption: Evidence from BRICS nations

Sachan, Anshita; Sahu, Udit Kumar; Pradhan, Ashis Kumar; Thomas, Ronny

doi:10.1016/j.renene.2022.11.080

Cited by 35 publications

(3 citation statements)

References 45 publications

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“…Kurtosis is used to measure the flatness, peakedness and tail of the distribution of the variables. Data with high kurtosis value (>3.0) has heavy tails, distinct peaks around the mean and rapid decline and vice versa with a low kurtosis value of <3.0 (Sachan et al., 2023). The kurtosis value of LNPDTY and LNRAIN is greater than 3, which exhibits a leptokurtic distribution, and therefore, the productivity and rainfall might change to extreme conditions like low and high productivity, and the rainfall could be excess or drought (see Table 1).…”

Section: Resultsmentioning

confidence: 99%

Untangling the factors influencing finger millet production: Evidence from the Indian states

2023

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Our study focuses on the effect of agro‐based factors and human development indicators on the production of finger millet in eight states of India. Departing from the past studies, we employed the common and dynamic common correlated effects model, and our findings showed that the past year's finger millet production, productivity, area under finger millet production, rainfall and human development indicators positively influenced the finger millet production among the eight Indian states. The variable crop diversification has no impact on the production of finger millet. Overall result indicates the prominent role of human development assisting in the promotion of finger millet production. The empirical findings suggest corrective government policies in order to boost the overall production and consumption of finger millet at the macro level.

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Section: Resultsmentioning

confidence: 99%

Untangling the factors influencing finger millet production: Evidence from the Indian states

2023

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“…However, transitioning to renewable energy may entail additional costs, including the initial investment in renewable energy infrastructure and employee training to enhance awareness and utilization of green energy (Brunke et al, 2014;Dowell & Muthulingam, 2017). Consequently, sufficient organizational resources, especially financial flexibility, are essential for successfully adopting renewable energy (Danneels, 2008;Sachan et al, 2023;Zhang et al, 2018). Some scholars define organizational slack as the excess resources available to achieve a company's objectives (Daniel et al, 2004).…”

Section: Operating Cash Flow and Renewable Energy Consumptionmentioning

confidence: 99%

Renewable energy use, slack financial resources, and board attributes: Does energy efficiency policy matter?

Uyar,

Gerged,

Kuzey

et al. 2024

Bus Strat Env

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This study examined the impact of slack financial resources, board characteristics (such as gender diversity, tenure, and skill/expertise), and energy efficiency policies on firms' consumption of renewable energy. Using a dataset of 17,753 observations from 2002 to 2019, we primarily utilized fixed‐effects regression, among other methods, for robustness analysis. We find that while slack financial resources, board gender diversity, and energy efficiency policies are positively associated with more renewable energy consumption, board skill is negatively associated with it. Interaction effects showed that firms with more female and tenured directors effectively utilize slack financial resources for increased renewable energy consumption, unlike firms with more expert directors. Energy efficiency policies enhanced the positive impact of female directors on renewable energy consumption but mitigated the influence of expert directors, weakening their association.

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“…However, looking at the current situation, most economies have not made significant progress toward the transition to REN, which requires substantial effort to identify and reduce impediments to the transition process [1]. Those impediments include political and institutional stability [2], financial development [2,3], corruption [4][5][6], governance [1,7,8], human development [9], quality of institutions, and income inequality [2,10]. The main aim of this paper is to check the relevance of government effectiveness, economic complexity, economic growth, and oil rents as drivers of REN use.…”

Section: Introductionmentioning

confidence: 99%

Drivers of Renewable Energy Use in Saudi Arabia: Evidence from Wavelet Local Multiple Correlation Approach

Aloui,

Ben Hamida,

Hathroubi

2024

Eng. Technol. Appl. Sci. Res.

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This study examines the impact of various factors, including oil rents, government effectiveness, economic complexity, and economic growth, on the use of renewable energy in Saudi Arabia. Employing a novel time-localized wavelet multiple regression correlation framework, the unique approach followed reveals significant and positive interconnections between these factors and promotes renewable energy utilization in the long run. However, the aforementioned factors’ short-term correlations are substantially lower and insignificant for some time intervals. Importantly, the analysis performed shows that oil rents and government effectiveness play a dominant role among the other factors. These findings have crucial policy implications, highlighting the need for effective governance and the potential for diversifying energy sources in Saudi Arabia.

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Examining the drivers of renewable energy consumption: Evidence from BRICS nations

Cited by 35 publications

References 45 publications

Untangling the factors influencing finger millet production: Evidence from the Indian states

Untangling the factors influencing finger millet production: Evidence from the Indian states

Renewable energy use, slack financial resources, and board attributes: Does energy efficiency policy matter?

Drivers of Renewable Energy Use in Saudi Arabia: Evidence from Wavelet Local Multiple Correlation Approach

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