Does Improvement in Trade Openness Facilitate Renewable Energy Transition? Evidence from Selected South Asian Economies

By Muntasir Murshed. South Asia Economic Journal, 2018

112 citations recorded by the source corpus.

The aim of this article is to empirically shed light on the impacts of trade openness (TO) on facilitation of renewable energy transition (RET) across Bangladesh, India, Pakistan, Sri Lanka and Nepal. Against this backdrop, this article incorporated annual time series data stemming from 2000 to 2017 and employed the two-stage least squares (2SLS) panel data estimation methodology. In addition, the panel Granger causality test was also applied to distinguish the possible long-run causal associations between the variables considered in the regression models. In the light of the estimated results, it is found that an improvement in TO triggers renewable energy consumption, improves the primary energy-use efficiency and elevates the access to clean cooking fuel technology within the selected South Asian economies. However, the results also led to the concerning conclusion regarding the ineffectiveness of the trade liberalization policies in curbing the relative consumption of non-renewable energy resources, thereby marginalizing the prospects of overall RET within these economies. JEL: O13, P2, Q42, D12, F35

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

View Paper: https://www.semanticscholar.org/paper/a5a47f4eaab9ddf906c300c3c5bb36724fc97d04

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In Economics and Econometrics

1. M. H. Chadni
2. Jannatul Ferdaus
3. Muntasir Murshed
4. Nhung Dao

In Pollution

1. M. H. Chadni
2. Jannatul Ferdaus
3. Nhung Dao
4. Muntasir Murshed

In Renewable Energy, Sustainability and the Environment

1. M. H. Chadni
2. Jannatul Ferdaus
3. Nhung Dao
4. Muntasir Murshed

Citations in the corpus

• Revisiting the CO2 emission-induced EKC hypothesis in South Asia: the role of Export Quality Improvement (2020, background): “The historical trends in both the absolute and per capita volumes of CO2E, between 1972 and 2014, 1 For more information on renewable energy transition and its relevance to reducing CO2E see Murshed (2018), Murshed et al. (2020a).”
• Does ICT trade facilitate renewable energy transition and environmental sustainability? Evidence from Bangladesh, India, Pakistan, Sri Lanka, Nepal and Maldives (2020, methodology): “Under such climate change driven environmental adversities, transition from the consumption of NRE to the relatively cleaner and environmentally-friendly renewable energy (RE) alternatives is postulated to reverse the aggravating greenhouse emission trends (Droege 2011; Murshed 2018).”