Economic Policy Uncertainty and Energy Efficiency in OECD Countries: Exploring the Moderating Role of Environmental Policy Stringency

Energy efficiency is a major area of attention in international efforts to prevent climate change and optimise resource usage since it is essential for fostering sustainable economic growth. This study investigated the impact of economic policy uncertainty on energy efficiency in OECD countries. Bas...

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Bibliographic Details
Published in:SAGE Open
Main Authors: Heng Luo, Ying Sun
Format: Article
Language:English
Published: SAGE Publishing 2025-10-01
Online Access:https://doi.org/10.1177/21582440251386271
Description
Summary:Energy efficiency is a major area of attention in international efforts to prevent climate change and optimise resource usage since it is essential for fostering sustainable economic growth. This study investigated the impact of economic policy uncertainty on energy efficiency in OECD countries. Based on availability, data from 25 countries were collected from 1990 to 2020. The basic results indicated that economic policy uncertainty improved energy efficiency. Asymmetric analysis revealed that countries with higher efficiency were less influenced by economic policy uncertainty. Furthermore, environmental policy stringency weakened the positive effect of economic policy uncertainty on energy efficiency. Suggestions have been put forward to improve energy efficiency.
ISSN:2158-2440