Does clean energy matter? The dynamic effects of different strategies of renewable energy, carbon emissions, and trade openness on sustainable economic growth

Jianrun Wang (), Muhammad Ramzan (), Fauzia Makin (), Ch Kamran Mahmood (), Carlos Samuel Ramos-Meza (), Vipin Jain () and Malik Shahzad Shabbir ()
Additional contact information
Jianrun Wang: University of Southampton
Muhammad Ramzan: University of Sialkot
Fauzia Makin: International Islamic University Islamabad
Ch Kamran Mahmood: Foundation University
Carlos Samuel Ramos-Meza: Universidad Andina del Cusco
Vipin Jain: Teerthanker Mahaveer University, Uttar Pradesh
Malik Shahzad Shabbir: ILMA University Karachi

Environment, Development and Sustainability: A Multidisciplinary Approach to the Theory and Practice of Sustainable Development, 2025, vol. 27, issue 9, No 30, 21043-21052

Abstract: Abstract This study offers new understanding by examining the link between environmental damage and the evolution of numerous renewable energy sources, including hydropower, wind, solar, biomass, and geothermal, as well as the economic expansion symbolized by trade openness, capital and public spending. This study employs panel data for ten selected Asian nations using a heterogeneous technique and second-generation gadgets for econometric analysis. The results of this study confirm the positive and significant influence of renewable energy like hydropower, solar photovoltaic, wind, biomass, and geothermal on the economic growth of Asian economies. The findings of this study provide valuable insights for all stakeholders in an integrated and coherent manner.

Keywords: Environmental and energy strategies; Environment pollution; Asian economies; Economic growth (search for similar items in EconPapers)
JEL-codes: D11 E12 (search for similar items in EconPapers)
Date: 2025
References: Add references at CitEc
Citations:

Downloads: (external link)
http://link.springer.com/10.1007/s10668-023-03505-5 Abstract (text/html)
Access to the full text of the articles in this series is restricted.

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:spr:endesu:v:27:y:2025:i:9:d:10.1007_s10668-023-03505-5

Ordering information: This journal article can be ordered from
http://www.springer.com/economics/journal/10668

DOI: 10.1007/s10668-023-03505-5

Access Statistics for this article

Environment, Development and Sustainability: A Multidisciplinary Approach to the Theory and Practice of Sustainable Development is currently edited by Luc Hens

More articles in Environment, Development and Sustainability: A Multidisciplinary Approach to the Theory and Practice of Sustainable Development from Springer
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().