Urbanization, Economic Development, and Environmental Degradation: Investigating the Role of Renewable Energy Use

Abdul Rehman, Magdalena Radulescu, Laura Mariana Cismas, Rafael Alvarado (), Carmen Gabriela Secara and Claudia Tolea
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Abdul Rehman: College of Economics and Management, Henan Agricultural University, Zhengzhou 450002, China
Magdalena Radulescu: Department of Finance, Accounting, Economics, University of Pitesti, Str. Targu din Vale, No. 1, 110040 Pitesti, Romania
Laura Mariana Cismas: Faculty of Economics and Business Administration, West University of Timisoara, 300006 Timisoara, Romania
Carmen Gabriela Secara: Department of Management and Business Administration, University of Pitesti, Str. Targu din Vale No. 1, 110040 Pitesti, Romania
Claudia Tolea: Department of Management and Business Administration, University of Pitesti, Str. Targu din Vale No. 1, 110040 Pitesti, Romania
Authors registered in the RePEc Author Service: Laura-Mariana Cismaș

Sustainability, 2022, vol. 14, issue 15, 1-14

Abstract: The current study explored the impact of renewable energy use, urbanization, economic growth and trade in services on CO 2 emission in Maldives by using annual data series ranging from 1990 to 2020. We have checked the variables influences by utilizing the nonlinear autoregressive distributed lag (NARDL) method with long-run and short-run connections. Findings via long-run and short-run showed that the variables renewable energy use and economic growth has positive and negative coefficients via positive and negative shocks that uncover the constructive and adverse linkage to CO 2 emission in Maldives. Similarly, trade in services showed an adversative and positive connection to CO 2 emission via positive and negative shocks. During the analysis, the variable urbanization uncovered a negative linkage to CO 2 emission. It is imperative that Maldives implement new policies and strategies aimed at reducing CO 2 emission in order to avert the environmental devastation.

Keywords: CO 2 emission; urbanization; energy utilization; environment; trade (search for similar items in EconPapers)
JEL-codes: O13 Q Q0 Q2 Q3 Q5 Q56 (search for similar items in EconPapers)
Date: 2022
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (2)

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