Renewable energy and CO2 emissions: New evidence with the panel threshold model

Chen, Chaoyi; Pinar, Mehmet; Stengos, Thanasis

doi:10.1016/j.renene.2022.05.095

Cited by 95 publications

(29 citation statements)

References 89 publications

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“…Therefore, our analysis covers the period between 1993 and 2012 to capture as many OECD countries as possible in the study. The OECD countries used in this analysis are Austria, Denmark, Finland, France, Germany, Italy, Japan, Netherlands, Portugal, Switzerland, and the UK.As a determinant of environmental degradation, the existing literature accounts for the population size (see, e.g.,Wang et al 2015;Zhu et al 2016), urbanization (see, e.g., Al-Mulali and Ozturk 2015;Anwar et al 2022;Chien et al 2022;Dong et al 2020;Hossain 2011;Murshed et al 2021;Nadeem et al 2020;Sarkodie and Ozturk 2020), trade openness (see, e.g.,Al-Mulali and Ozturk, 2015;Hossain 2011;Kolcava et al 2019;Le et al 2016;Lin, 2017;Shahbaz et al, 2017;Zhang, 2020), energy consumption and renewable energy consumption (see, e.g., Ambe 2021;Charfeddine and Kahia 2019;Chen et al 2022;Godil et al 2020;Rahman et al 2022;Shahnazi and Shabani 2021;Sharif et al 2019; Usman and Balsalobre-Lorente 2022), and economic development or growth (see, e.g.,Doğan et al 2022;Jahanger et al 2022;Karahasan and Pinar 2022;Sharif et al 2020a;Sharif et al 2020b;Suki et al 2020).…”

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confidence: 99%

How do foreign direct investment flows affect carbon emissions in BRICS countries? Revisiting the pollution haven hypothesis using bilateral FDI flows from OECD to BRICS countries

Apergis

Pinar

Ünlü

2022

Environ Sci Pollut Res

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Foreign direct investment (FDI) flows from developed to developing countries may increase carbon emissions in developing countries as developing countries are seen as pollution havens due to their lenient environmental regulations. On the other hand, FDI flows from the developed world may improve management practices and advanced technologies in developing countries, and an increase in FDI flows reduces carbon emissions. Most of the existing studies examine the relationship between FDI flows and carbon emissions by using aggregate FDI flows; however, this paper contributes to the literature by analyzing the impact of FDI flows on carbon emissions in Brazil, Russia, India, China, and South Africa (BRICS) between 1993 and 2012 using bilateral FDI flows from eleven OECD countries. According to our empirical results, from which OECD country FDI flows to BRICS countries matters for carbon emissions in BRICS countries. Our results confirm that FDI flows to BRICS countries from Denmark and the UK increase carbon emissions in BRICS countries, confirming the pollution haven hypothesis. On the other hand, FDI that flows from France, Germany, and Italy reduced carbon emissions in the BRICS countries, confirming the pollution halo effect. FDI flows from Austria, Finland, Japan, Netherlands, Portugal, and Switzerland have no significant impact on carbon emissions in BRICS countries. The BRICS countries should promote clean FDI flows by reducing environmental damages, and investing countries should be rated based on their environmental damage in the host countries.

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confidence: 99%

How do foreign direct investment flows affect carbon emissions in BRICS countries? Revisiting the pollution haven hypothesis using bilateral FDI flows from OECD to BRICS countries

Apergis

Pinar

Ünlü

2022

Environ Sci Pollut Res

Self Cite

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“…A higher GDP can cover regulatory costs for developing renewable energy (Dogan et al, 2022). So the development of renewable energy is a crucial component in the transformation towards a low-carbon economy (Chen et al, 2022;Abhan et al, 2022;Mujtaba et al, 2022). The efficiency and productivity of renewable energy are beneficial for replacing fossil fuels with renewable energy.…”

Section: Renewable Energy Consumption and Economic Growthmentioning

confidence: 99%

Renewable and Non-renewable Energy Consumption in Indonesia: Does it Matter for Economic Growth?

Aswadi

Jamal

Syahnur

et al. 2023

IJEEP

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During the last decade, the energy sector has become important in shaping a country's economy. This study aims to analyze renewable and non-renewable energy's impact on Indonesia's economic growth. This study uses a quantitative method, using the Johansen cointegration test and FMOLS and DOLS cointegrating regression. The data period used in this study is from 1980-2019. The results of the study show that renewable energy consumption has a negative effect on Indonesia's economic growth. This is because renewable energy production is still limited, but the level of consumption continues to increase. Consumption of non-renewable energy has a positive effect on Indonesia's economic growth. The consumption of fossil energy causes this is still very high in Indonesia. Dependence on fossil energy is still high amid renewable energy production, which the government is continuously promoting. In general, energy consumption positively affects Indonesia's economic growth. When the two are combined, they positively contribute to the national economy.

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“…As the world transitions towards a low-carbon economy, the use of renewable energy sources will become increasingly important. Governments, businesses, and individuals can play a role in promoting the use of renewable energy sources by investing in renewable infrastructure, incentivizing the development of renewable energy, and adopting renewable energy technologies in daily life [6] [7].…”

Section: Of 16mentioning

confidence: 99%

Nexus of Innovation, Renewable Consumption, FDI inflows, Economic Growth and CO2 Emission in The Technology Revolution 4.0 for Sustainability Economy—The Case of Vietnam

Hoa¹,

Xuan²,

Thu³

et al. 2023

Preprint

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Changing climate conditions and rapidly increasing carbon dioxide emissions have severely affected the global ecosystem and world economy. Governments around the world have paid attention to these resulting challenges and enacted many policies to reduce environmental pollution and carbon dioxide (CO2) emissions. This study aimed to determine and understand the relationship between innovation, foreign direct investment, economic growth, renewable consumption and CO2 emission in Vietnam. Information was collected annually based on the annual data of the General Statistics Office of Vietnam and World Bank from 2000 to 2022. Data processing was conducted using the STATA 17.0 software. The innovation affects Vietnam’s environmental pollution. Innovation positively affect environmental pollution in Vietnam; if Vietnam’s innovation were to increase by 1%, CO2 emissions would increase by 0.68%. The empirical research results of this study also show that renewable energy consumption has a negative effect on environmental pollution in Vietnam; if renewable energy were consumed at a 1% increase, CO2 emission would decrease by 0.51%. In addition, FDI inflows and economic growth have strongly positive affecting to environmental pollution; if Vietnam’s FDI inflows were to increase 1%, CO2 emissions would increase 1.39%; if Vietnam’s GDP increase 1% then CO2 emission would increase 1.26%. This paper also provides some recommendations that can assist Vietnam in developing a green and sustainable economy in the technology revolution 4.0 to achieve the United Nations Sustainable Development Goals (SDGs) over a long-term period.

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Renewable energy and CO2 emissions: New evidence with the panel threshold model

Cited by 95 publications

References 89 publications

How do foreign direct investment flows affect carbon emissions in BRICS countries? Revisiting the pollution haven hypothesis using bilateral FDI flows from OECD to BRICS countries

How do foreign direct investment flows affect carbon emissions in BRICS countries? Revisiting the pollution haven hypothesis using bilateral FDI flows from OECD to BRICS countries

Renewable and Non-renewable Energy Consumption in Indonesia: Does it Matter for Economic Growth?

Nexus of Innovation, Renewable Consumption, FDI inflows, Economic Growth and CO2 Emission in The Technology Revolution 4.0 for Sustainability Economy—The Case of Vietnam

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