Moderating role of carbon emission and institutional stability on renewable energy across developing countries

Qianning Tang, Rzayeva Shahla, Aliyeva Leyla and Huseynova Sevinj

Renewable Energy, 2023, vol. 209, issue C, 413-419

Abstract: To reduce the effects of carbon dioxide (CO2) emissions and achieve Sustainable Development Goals, financial resources and renewable energy are utilized in developing countries in Asia. Moderate economic development and renewable energy effects have determined the environmental impacts. The cross-sectional dependency second-generation stationary test and CS-ARDL approach were used to analyze the data from 2005 to 2021 from developing countries, which showed that institutional quality decreased negative environmental externality while globalization increased it. The environmental externalities produced by human capital and renewable energy are raised by both globalization and institutional quality. The effects of modifiers on evolution were quantified using dynamic elasticity measurements. Based on the findings of this study, a policy framework centered on the SDGs is advised.

Keywords: Carbon dioxide emission; Developing countries (Asia); Sustainable development goals; Financial development (search for similar items in EconPapers)
Date: 2023
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (8)

Downloads: (external link)
http://www.sciencedirect.com/science/article/pii/S0960148123004160
Full text for ScienceDirect subscribers only

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:eee:renene:v:209:y:2023:i:c:p:413-419

DOI: 10.1016/j.renene.2023.03.113

Access Statistics for this article

Renewable Energy is currently edited by Soteris A. Kalogirou and Paul Christodoulides

More articles in Renewable Energy from Elsevier
Bibliographic data for series maintained by Catherine Liu ().