The heterogeneity of renewable energy consumption, carbon emission and financial development in the globe: A panel quantile regression approach
The present study examines the heterogeneity of renewable energy consumption, Carbon dioxide emission and financial development in the global panel of 192 countries. Panel quantile regression has been used for tickling distributional and unobserved individual heterogeneity. The findings indicate tha...
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doaj-02ab5234d69b47ba963814e98701deba2020-12-23T05:01:02ZengElsevierEnergy Reports2352-48472020-11-016859867The heterogeneity of renewable energy consumption, carbon emission and financial development in the globe: A panel quantile regression approachHayat Khan0Itbar Khan1Truong Tien Binh2Business School of Guangxi University, Nanning, China; Corresponding author.Business School of Xiangtan University, Hunan, ChinaBusiness School of Guangxi University, Nanning, ChinaThe present study examines the heterogeneity of renewable energy consumption, Carbon dioxide emission and financial development in the global panel of 192 countries. Panel quantile regression has been used for tickling distributional and unobserved individual heterogeneity. The findings indicate that our variables in the model on each others are heterogeneous across quantiles. More specifically, the effect of renewable energy consumption on carbon emission is negative while financial development has increasing influence on carbon emission. Carbon emission decreases the use of renewable energy while financial development positively affects renewable energy consumption. The increasing effect of carbon emission and renewable energy consumption on financial development has also been found. Finally, the current study findings give important recommendations to policy makers.http://www.sciencedirect.com/science/article/pii/S2352484719313241Renewable energy consumptionFinancial developmentCarbon emissionGlobal panelPanel quantile regression |
collection |
DOAJ |
language |
English |
format |
Article |
sources |
DOAJ |
author |
Hayat Khan Itbar Khan Truong Tien Binh |
spellingShingle |
Hayat Khan Itbar Khan Truong Tien Binh The heterogeneity of renewable energy consumption, carbon emission and financial development in the globe: A panel quantile regression approach Energy Reports Renewable energy consumption Financial development Carbon emission Global panel Panel quantile regression |
author_facet |
Hayat Khan Itbar Khan Truong Tien Binh |
author_sort |
Hayat Khan |
title |
The heterogeneity of renewable energy consumption, carbon emission and financial development in the globe: A panel quantile regression approach |
title_short |
The heterogeneity of renewable energy consumption, carbon emission and financial development in the globe: A panel quantile regression approach |
title_full |
The heterogeneity of renewable energy consumption, carbon emission and financial development in the globe: A panel quantile regression approach |
title_fullStr |
The heterogeneity of renewable energy consumption, carbon emission and financial development in the globe: A panel quantile regression approach |
title_full_unstemmed |
The heterogeneity of renewable energy consumption, carbon emission and financial development in the globe: A panel quantile regression approach |
title_sort |
heterogeneity of renewable energy consumption, carbon emission and financial development in the globe: a panel quantile regression approach |
publisher |
Elsevier |
series |
Energy Reports |
issn |
2352-4847 |
publishDate |
2020-11-01 |
description |
The present study examines the heterogeneity of renewable energy consumption, Carbon dioxide emission and financial development in the global panel of 192 countries. Panel quantile regression has been used for tickling distributional and unobserved individual heterogeneity. The findings indicate that our variables in the model on each others are heterogeneous across quantiles. More specifically, the effect of renewable energy consumption on carbon emission is negative while financial development has increasing influence on carbon emission. Carbon emission decreases the use of renewable energy while financial development positively affects renewable energy consumption. The increasing effect of carbon emission and renewable energy consumption on financial development has also been found. Finally, the current study findings give important recommendations to policy makers. |
topic |
Renewable energy consumption Financial development Carbon emission Global panel Panel quantile regression |
url |
http://www.sciencedirect.com/science/article/pii/S2352484719313241 |
work_keys_str_mv |
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