Asymmetric macroeconomic determinants of renewable energy consumption: do financial institutions and ICT trade matter?
文献类型：期刊论文
| 作者 | Wang, Lei4; Huang, Yingliang3 ; Ghafoor, Abdul2; Hafeez, Muhammad2; Salahodjaev, Raufhon1
|
| 刊名 | ENVIRONMENTAL SCIENCE AND POLLUTION RESEARCH
 |
| 出版日期 | 2022-09-05 |
| 关键词 | Financial institutions ICT trade Renewable energy consumption |
| ISSN号 | 0944-1344 |
| DOI | 10.1007/s11356-022-22816-0 |
| 通讯作者 | Huang, Yingliang(ylhuang@iim.ac.cn) |
| 英文摘要 | This study aims to examine the asymmetric impact of financial institutions and information and communication technologies (ICT) trade on renewable energy demand in BRICS economies by using the cross-sectionally augmented nonlinear autoregressive distributed lag model. The asymmetric estimates of the financial institutions index confirm that a positive shock increases renewable energy consumption, and a negative shock reduces renewable energy consumption in BRICS economies. Similarly, the long-run asymmetric estimates attached to ICT trade are positively significant, confirming that a positive shock increases renewable energy consumption and a negative shock hurts renewable energy consumption. As far as country-wise estimates are concerned, the long-run asymmetric estimates of financial institutions are significant in Brazil, Russia, China, and South Africa. Similarly, the asymmetric estimates attached to ICT trade are significant in Russia, China, India, and South Africa. The results are asymmetric in nature, implying that negative and positive shocks have different effects on renewable energy consumption. Therefore, policymakers should consider both negative and positive shocks in financial institutions and ICT trade while devising policies regarding environmental sustainability and renewable energy consumption. |
| WOS关键词 | ECONOMIC-GROWTH ; EMISSIONS ; REMOVAL ; DEMAND ; SECTOR ; IMPACT ; NEXUS |
| WOS研究方向 | Environmental Sciences & Ecology |
| 语种 | 英语 |
| WOS记录号 | WOS:000849679500001 |
| 出版者 | SPRINGER HEIDELBERG |
| 源URL | [http://ir.hfcas.ac.cn:8080/handle/334002/131922]  |
| 专题 | 中国科学院合肥物质科学研究院 |
| 通讯作者 | Huang, Yingliang |
| 作者单位 | 1.Tashkent State Univ Econ, Dept Math Methods Econ, Tashkent, Uzbekistan 2.Univ Agr Faisalabad, Inst Business Management Sci, Faisalabad, Pakistan 3.Chinese Acad Sci, HFIPS, Inst Intelligent Machines, Hefei 230031, Peoples R China 4.Guilin Univ Elect Technol, Business Sch, Guilin, Guangxi, Peoples R China |
| 推荐引用方式 GB/T 7714 | Wang, Lei,Huang, Yingliang,Ghafoor, Abdul,et al. Asymmetric macroeconomic determinants of renewable energy consumption: do financial institutions and ICT trade matter?[J]. ENVIRONMENTAL SCIENCE AND POLLUTION RESEARCH,2022. |
| APA | Wang, Lei,Huang, Yingliang,Ghafoor, Abdul,Hafeez, Muhammad,&Salahodjaev, Raufhon.(2022).Asymmetric macroeconomic determinants of renewable energy consumption: do financial institutions and ICT trade matter?.ENVIRONMENTAL SCIENCE AND POLLUTION RESEARCH. |
| MLA | Wang, Lei,et al."Asymmetric macroeconomic determinants of renewable energy consumption: do financial institutions and ICT trade matter?".ENVIRONMENTAL SCIENCE AND POLLUTION RESEARCH (2022). |
入库方式： OAI收割
来源：合肥物质科学研究院
浏览0
下载0
收藏0
其他版本
除非特别说明，本系统中所有内容都受版权保护，并保留所有权利。