EconPapers    
Economics at your fingertips  
 

Does renewable energy matter to achieve sustainable development? Fresh evidence from ten Asian economies

Zhao Wei and Lihua Huang

Renewable Energy, 2022, vol. 199, issue C, 759-767

Abstract: Asian economies in contrast with other developing economies appear to be the lowest in competition when it comes to achieving sustainable development. The reason is connected with energy security and non-renewable energy as these are one of the key issues which are confronted by these nations. Therefore, the current study proclaims to investigate the crucial factors that play a bigger role in sustainable development. These factors are measured in the context of adjusted net savings and the study extracted the data from 10 Asian economies covering the time period of 1990–2020. The study adopted panel estimation, slope heterogeneity, co-integration, and CS-ARDL techniques to estimate the coefficient. Whereas, for robust analysis, AMG and CCEMG techniques were used. The findings revealed that REW energy, economic growth, and financial development altogether enhance adjusted net saving and reduce non-REW energy consumption. It is recommended in the study that the sample countries should adopt the required provisions in renewable sectors.

Keywords: Non-renewable energy; Renewable energy; Asian economies; Sustainable development (search for similar items in EconPapers)
Date: 2022
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/S096014812201103X
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:199:y:2022:i:c:p:759-767

DOI: 10.1016/j.renene.2022.07.101

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 ().

 
Page updated 2025-03-19
Handle: RePEc:eee:renene:v:199:y:2022:i:c:p:759-767