The decline of environmental degradation by renewable energy consumption in the MERCOSUR countries: an approach with ARDL modeling

Koengkan, Matheus

doi:10.1007/s10669-018-9671-z

Cited by 50 publications

(30 citation statements)

References 44 publications

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“…Alola et al [20] have found that renewable energy consumption improves environmental quality. Likewise, our findings are in line with those of Sharif et al [28] and Koengkan [29]; Jebli and Youssef [11]; Jebli et al [30]; Jebli et al [31]; Li and Su [32]; and Abolhosseini et al [33] who have also found that renewable energy consumption reduces carbon emission significantly. Mert and Bölük [34] also found that renewable energy consumption reduces carbon emission in Kyoto countries, while our findings are opposing to those of Nicholas Apergis and Payne [14], Farhani and Shahbaz [35], Leitão [36], and Apergis and Payne [14] conducted in developing and developed countries and to the study of Jebli and Youssef [11] conducted on Tunisia which claims the increasing effect of renewable energy on carbon dioxide emission.…”

Section: E Impact Of Renewable Energy Consumption Economicsupporting

confidence: 93%

The Dynamic Interrelationship of Environmental Factors and Foreign Direct Investment: Dynamic Panel Data Analysis and New Evidence from the Globe

Khan

Oanh

et al. 2020

Mathematical Problems in Engineering

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Studies on the role of renewable energy consumption and other environmental factors in carbon emission have got considerable attention recently, and they are predicted to get exaggerated in the coming decades. Energy usage increases economic growth and development of a country and backs to global warming and carbon emission which affect the local environment. For the prosperity of a country, it is felt crucial to measure the unavoidable impacts which effect environmental quality. Consequently, the current study investigates the interrelationship of renewable energy consumption, carbon dioxide emission, foreign direct investment, and economic growth in 190 countries of the world for the period of 1980 to 2018. By employing both static and dynamic models, the findings indicate that carbon emission, renewable energy consumption, foreign direct investment, and economic growth affect each other significantly whereas renewable energy consumption has been found beneficial for environmental quality; however, it decreases the inflow of FDI. RE has a decreasing impact, while FDI and carbon emission promote economic growth. The study suggests the promotion of renewable energy resources and policies related to FDI to promote the quality of the environment and achieve economic growth as well.

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Section: E Impact Of Renewable Energy Consumption Economicsupporting

confidence: 93%

The Dynamic Interrelationship of Environmental Factors and Foreign Direct Investment: Dynamic Panel Data Analysis and New Evidence from the Globe

Khan

Oanh

et al. 2020

Mathematical Problems in Engineering

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“…In what regards to environmental degradation, the authors usually go with CO2emissions to represent for this phenomenon (e.g. Koengkan, Fuinhas, and Marques 2019a;Koengkan, Fuinhas, and Marques 2019b;Koengkan 2018a;Fuinhas, Marques, and Koengkan 2017).…”

Section: Literature Reviewmentioning

confidence: 99%

“…As an example, we can mention the use of LCU as an alternative to constant US dollars, a method which has been used in a few number of studies with the intention of avoiding the influence of exchange rates (e.g. Fuinhas, Marques, and Koengkan 2017;Koengkan 2017a;Koengkan 2018a;Koengkan 2018b). Another example of a gap is the non-utilization of the PVAR model, with the exception of Wang, Li, and Fang (2018).…”

Section: Literature Reviewmentioning

confidence: 99%

The relationship between CO₂ emissions, renewable and non-renewable energy consumption, economic growth, and urbanisation in the Southern Common Market

Koengkan

Fuinhas

Santiago

2020

Journal of Environmental Economics and Policy

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The causalities between carbon dioxide emissions, renewable and nonrenewable energy consumption, economic growth, and urbanisation were examined for the panel of five countries (Argentina, Brazil, Paraguay, Uruguay, and Venezuela) from Southern Common Market, over thirty-five years , using a panel vector autoregression. The empirical analysis pointed to the existence of bi-directional causality between the consumption of fossil fuels, economic growth, consumption of renewable energy, and carbon dioxide emissions; and a uni-directional relationship between the consumption of renewable energy and urbanisation. The research also proves that the countries from Southern Common Market are dependent on fossil fuels consumption and that urbanisation process is highly linked with the consumption of this type of energy. Additionally, it was found that these countries have low renewable energy participation in their energy mix. Nevertheless, a substitutability effect between the consumption of renewable energy and the consumption of fossil fuels, as a possible response to periods of scarcity in reservoirs, was detected. Policymakers of Southern Common Market countries should speed up the deep reforms regarding renewable energy to mitigate environmental degradation.

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“…Koengkan, 2019a;Fuinhas et al, 2017). Additionally, the use of constant GDP in local currency units (LCU), as an alternative of constant international US dollars reduces the effect of both the inflation and deviation of exchange rates (e.g., Koengkan, 2018a;Koengkan, 2018b). Table 1 shows the variables description and summary statistics.…”

Section: Databasementioning

confidence: 99%

Globalisation as a motor of renewable energy development in Latin America countries

2019

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The impact of globalisation on the dissemination of renewable energy was analysed for ten Latin America countries for the period from 1980 to 2014. For that propose, was built a model where install capacity of renewable energy is explained by output, KOF globalisation index, and private capital stock. The richness of the short-and long-run relations between variables was analysed by a panel autoregressive-distributed lag model in the form of an unrestricted error correction mechanism. The results of the model's estimation support a positive effect of the short-run impact of output per capita and long-run elasticities of globalisation and private capital stock per capita on renewable energy diffusion. That results that show that the globalisation can stimulate renewable energy sources evidencing that the process of integration of Latin America countries in the World is a benefit to the development of green energy technologies. The Latin America region policymakers must take advantage of the process of globalisation to reduce the costs of renewable energy technologies and develop policies encouraging the access of these technologies by households with low income that live in remote or rural regions to reduce the energy poverty, which plagues the countries from the Latin America region.

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The decline of environmental degradation by renewable energy consumption in the MERCOSUR countries: an approach with ARDL modeling

Cited by 50 publications

References 44 publications

The Dynamic Interrelationship of Environmental Factors and Foreign Direct Investment: Dynamic Panel Data Analysis and New Evidence from the Globe

The Dynamic Interrelationship of Environmental Factors and Foreign Direct Investment: Dynamic Panel Data Analysis and New Evidence from the Globe

The relationship between CO₂ emissions, renewable and non-renewable energy consumption, economic growth, and urbanisation in the Southern Common Market

Globalisation as a motor of renewable energy development in Latin America countries

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The decline of environmental degradation by renewable energy consumption in the MERCOSUR countries: an approach with ARDL modeling

Cited by 50 publications

References 44 publications

The Dynamic Interrelationship of Environmental Factors and Foreign Direct Investment: Dynamic Panel Data Analysis and New Evidence from the Globe

The Dynamic Interrelationship of Environmental Factors and Foreign Direct Investment: Dynamic Panel Data Analysis and New Evidence from the Globe

The relationship between CO2 emissions, renewable and non-renewable energy consumption, economic growth, and urbanisation in the Southern Common Market

Globalisation as a motor of renewable energy development in Latin America countries

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The relationship between CO₂ emissions, renewable and non-renewable energy consumption, economic growth, and urbanisation in the Southern Common Market