 Why do some emerging economies proactively accelerate the adoption of renewable energy?Ruhul Salim and Shuddhasattwa Rafiq Energy Economics, 2012, vol. 34, issue 4, 1051-1057 Abstract: This article analyses the determinants of renewable energy consumption in a panel of six major emerging economies, namely Brazil, China, India, Indonesia, Philippines and Turkey that are proactively accelerating the adoption of renewable energy. Using Fully modified ordinary least square (FMOLS), Dynamic ordinary least square (DOLS), and Granger causality methods this paper finds that in the long-run, renewable energy consumption is significantly determined by income and pollutant emission in Brazil, China, India and Indonesia while mainly by income in Philippines and Turkey. Causal link between renewable energy and income; and between renewable energy and pollutant emission are found to be bidirectional in the short-run. These results suggest that the appropriateness of the efforts undertaken by emerging countries to reduce the carbon intensity by increasing the energy efficiency and substantially increasing the share of renewable in the overall energy mix. Keywords: Autoregressive distributed lag (ARDL); Emerging economies; Oil prices; Panel cointegration; Pollutant emission; Renewable energy (search for similar items in EconPapers) Downloads: (external link) Related works: Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text Persistent link: https://EconPapers.repec.org/RePEc:eee:eneeco:v:34:y:2012:i:4:p:1051-1057 DOI: 10.1016/j.eneco.2011.08.015 Access Statistics for this article Energy Economics is currently edited by R. S. J. Tol, Beng Ang, Lance Bachmeier, Perry Sadorsky, Ugur Soytas and J. P. Weyant More articles in Energy Economics from Elsevier |
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