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Exploring synergistic and individual causal effects of rare earth elements and renewable energy on multidimensional economic complexity for sustainable economic development

文献类型：期刊论文

作者Abbas, Khizar5; Han, Mengyao3,4; Xu, Deyi5; Butt, Khalid Manzoor2; Baz, Khan1; Cheng, Jinhua5; Zhu, Yongguang5; Hussain, Sanwal2
刊名APPLIED ENERGY
出版日期2024-06-15
卷号364页码:21
关键词Rare earth elements Renewable energy Multidimensional economic complexity Sustainable development Deep learning -based causal inference Temporal causal modelling
ISSN号0306-2619
DOI10.1016/j.apenergy.2024.123192
英文摘要The ongoing global energy transition has highlighted the instrumental role of rare earth elements (REEs) in achieving green growth through the deployment of renewable energy technologies, establishing a hypothetical progressive synergistic association between them. Therefore, testing this hypothetical synergy and its potential causal effects on economic and technological proxies based on empirical foundations becomes imperative in addressing rampant climatic change. First, we employed Deep Learning algorithms to explore the combined effects of this synergy on Multidimensional Economic Complexity (MEC) as an index using panel data of the largest producers of REEs from 1990 to 2023. Second, Temporal Causal Modelling (TCM) was employed to unveil the directional causality between REEs and renewable energy, as well as their causal roles in driving economic complexities. The deep learning models accurately predicted the positive role of this synergistic relationship in promoting overall MEC. Then, the results of TCM reveal that REE production increases renewable energy use and reduces CO 2 emissions. Renewable energy promotes Research and Technology complexities while REE production affects them indirectly through renewables. It implies that harnessing this synergy to enhance economic complexities can, in turn, bolster green economic and technological development while mitigating CO 2 emissions and addressing pervasive climate change.
WOS关键词GROWTH NEXUS ; CONSUMPTION ; RECOVERY ; METALS ; IMPACT ; TRADE ; URBANIZATION ; AVAILABILITY ; INDUSTRIAL ; INNOVATION
资助项目National Natural Science Foundation of China[72074197] ; National Natural Science Foundation of China[72164002] ; National Natural Science Foundation of China[71991480] ; Major Project of the Open Fund Project at Hubei Provincial Research Base for Regional Innovation Capacity Monitoring and Analysis Soft Science[HBQY2020z11] ; Major Research Projects of Guangxi Department of Natural Resources[GXZC2019-G3-25122-GXGLC]
WOS研究方向Energy & Fuels ; Engineering
语种英语
WOS记录号WOS:001229519200001
出版者ELSEVIER SCI LTD
资助机构National Natural Science Foundation of China ; Major Project of the Open Fund Project at Hubei Provincial Research Base for Regional Innovation Capacity Monitoring and Analysis Soft Science ; Major Research Projects of Guangxi Department of Natural Resources
源URL[http://ir.igsnrr.ac.cn/handle/311030/205596]  
专题区域可持续发展分析与模拟院重点实验室_外文论文
通讯作者Xu, Deyi
作者单位1.Zhejiang Agr & Forestry Univ, Sch Econ & Management, Hangzhou, Peoples R China
2.Univ Cent Punjab, Sch Humanities & Social Sci, Lahore, Pakistan
3.Univ Cambridge, Ctr Environm Energy & Nat Resource Governance, Cambridge, England
4.Chinese Acad Sci, Inst Geog Sci & Nat Resources Res, Beijing, Peoples R China
5.China Univ Geosci, Sch Econ & Management, Wuhan, Peoples R China
推荐引用方式
GB/T 7714		 Abbas, Khizar,Han, Mengyao,Xu, Deyi,et al. Exploring synergistic and individual causal effects of rare earth elements and renewable energy on multidimensional economic complexity for sustainable economic development[J]. APPLIED ENERGY,2024,364:21.
APA Abbas, Khizar.,Han, Mengyao.,Xu, Deyi.,Butt, Khalid Manzoor.,Baz, Khan.,...&Hussain, Sanwal.(2024).Exploring synergistic and individual causal effects of rare earth elements and renewable energy on multidimensional economic complexity for sustainable economic development.APPLIED ENERGY,364,21.
MLA Abbas, Khizar,et al."Exploring synergistic and individual causal effects of rare earth elements and renewable energy on multidimensional economic complexity for sustainable economic development".APPLIED ENERGY 364(2024):21.

入库方式： OAI收割

来源：地理科学与资源研究所

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