Renewable, non-renewable energy consumption, economic growth, trade openness and ecological footprint: Evidence from organisation for economic Co-operation and development countries

By M. Destek, Avik Sinha. Journal of Cleaner Production, 2020

1,008 citations recorded by the source corpus.

The purpose of this study is to examine the validity of Environmental Kuznets Curve hypothesis for ecological footprint with the role of renewable energy use, non-renewable energy use and trade openness in 24 Organisation for Economic Co-operation and Development countries. For this purpose, we investigate the period from 1980 to 2014 using with second generation panel data methodologies which allow to cross-sectional dependence among countries. The group-mean results show that the inverted U-shaped Environmental Kuznets Curve hypothesis does not hold in Organisation for Economic Co-operation and Development countries because we found the U-shaped relationship between economic growth and ecological footprint. In addition, it is concluded that increasing renewable energy consumption reduces ecological footprint and increasing non-renewable energy consumption increases environmental degradation.

Subfields: Economics and Econometrics, Environmental Engineering, Pollution

View Paper: https://www.semanticscholar.org/paper/f59427fa7455f5395b671e645479c6091d9e8e92

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Citations in the corpus

Renewable Energy Use and Ecological Footprints Mitigation: Evidence from Selected South Asian Economies (2021, methodology): “The environmental welfare impacts of renewable energy use were also documented in the studies by Destek and Sinha [47] and Sharma et al.”
Impact of technological innovation on energy efficiency in industry 4.0 era: Moderation of shadow economy in sustainable development (2021, background): “Literature review Energy efficiency assumes a critical part in energy framework of sustainable growth and development as it can ensure a country’s energy security (Destek and Sinha, 2020; Dogan et al., 2020; Liu et al. 2020).”
Economic Complexity and Ecological Footprint: Evidence from the Most Complex Economies in the World (2020, methodology): “Destek and Sinha (2020) [62] also used these tests in their study examining the validity of the environmental Kuznets curve hypothesis in 24 OECD countries.”