G-7 Green Growth Paradox: An Exploratory Review of Economic Policy Uncertainty, Renewable Energy, and Institutional Quality

Fakhar Hayat, Sonia Anjum, Saif Ur Raman and Sadia Idress
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Fakhar Hayat: MS Scholar, Faculty of Accounting and Finance, The Superior University, Lahore, Pakistan
Sonia Anjum: MS Scholar, Faculty of Economics and Commerce, The Superior University, Lahore, Pakistan
Saif Ur Raman: Associate Professor, faculty of Economics and Commerce, Superior University, Lahore, Pakistan
Sadia Idress: School of Economics, Banking and Finance, Universiti Uatra Malaysia

Bulletin of Business and Economics (BBE), 2024, vol. 13, issue 2, 1194-1199

Abstract: This study aims to investigate the asymmetric link among institutional quality, economic policy uncertainty, and renewable energy and its effects on green growth. The study's time frame was from 1996 to 2023. The existing theoretical and empirical literature on the subject is examined and summarized in this work. It begins by providing an overview of how institutional quality, renewable energy, and economic policy uncertainty relate to green growth, using data from the G-7. The literature is identified in a second way, drawing on theoretical and empirical insights found in published literature. This article further clarified theoretical approaches that explain how and why these approaches function. Third, three useful metrics are suggested in this article for additional study. This study adds to the body of knowledge on how institutional quality, renewable energy, and economic policy uncertainties impact green? Data from the G-7 nations. The literature is identified in a second way, drawing on theoretical and empirical insights found in published literature. This article further clarified theoretical approaches that explain how and why these approaches function. Third, three useful metrics are suggested in this article for additional study. How can uncertainty in economic policy, renewable energy, and institutional quality affect green growth, according to this paper? Data from the G-7 nations.

Keywords: TechnologyInnovation; Economic Growth; Trade openness; NARDL (search for similar items in EconPapers)
Date: 2024
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