Renewable energy policies and contradictions in causality: A case of Next 11 countries

By Avik Sinha, Muhammad Shahbaz, Tuhin Sengupta. Journal of Cleaner Production, 2018

143 citations recorded by the source corpus.

Numerous studies on the causal relationship between economic growth, energy consumption and carbon dioxide (CO2) emissions have shown divergence in policy recommendations, which arises mainly due to the choice of methodology and the period of study. This inconclusiveness in policy prescriptions might turn out to be critical, when the renewable energy policies of the developing nations are considered. Our study analyses the causal relationship between economic growth, carbon emissions, fossil fuel and renewable energy consumption in Next 11 countries during the period of 1990-2016. Along with conducting parametric and non-parametric causality tests together, introducing the Geweke (1982) causality test in the literature of energy economics, we attempt to establish a wholesome aspect of policy design, by comparing and complementing results of different causality analysis, and how the causality directions should comply with the context setting. Our empirical evidence confirms that robust renewable energy policy can be designed by complementing the various causality test results, rather than focusing on one particular causality test.

Subfields: Economics and Econometrics, Renewable Energy, Sustainability and the Environment

View Paper: https://www.semanticscholar.org/paper/89dd708df06c00ac37305fb568998fb101448cd1

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Citations in the corpus

The renewable energy consumption-environmental degradation nexus in Top-10 polluted countries: Fresh insights from quantile-on-quantile regression approach (2020, background): “First, for a nation with steady economic growth and sound developmental practices in place, it can be expected that energy policies will be ideally targeted at reducing reliance on fossil fuels consumption, increasing the research and development budget for discovery of alternate energy sources, and”
Interplay between technological innovation and environmental quality: Formulating the SDG policies for next 11 economies (2020, background): “16 Past research has suggested that tackling climate change (SDG 13) is one of the most 17 challenging issue persisting in both developed and developing nations, and as a result, contrasting policy 18 directives have emerged in plenty (Baumeister 2018, Bisbis et al. 2018, Sinha et al. 2018).”
Impact of technological innovation on energy efficiency in industry 4.0 era: Moderation of shadow economy in sustainable development (2021, methodology): “20 and Sinha et al. (2020a). These causal associations might be crucial in developing the policies for sustainable development in the MENA countries.”
The role of information and communication technology in encountering environmental degradation: Proposing an SDG framework for the BRICS countries (2021, background): “…development (Byrne, 2011); economic prosperity (Asongu, 2017; Levendis and Lee, 2013), CO2 emissions (Tsaurai and Chimbo, 2019; Batool et al., 2019; Sinha, 2018), economic development (Tchamyou, 2017; Murphy and Carmody, 2015; Penard et al., 2012), and banking growth (Watson et al., 2012; Kamel,…”
Impact of corruption in public sector on environmental quality: Implications for sustainability in BRICS and next 11 countries (2019, background): “From the perspective of sustainable development, segregation of energy sources is important (Sinha et al., 2018), and that too in presence of corruption.”