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Cited by 259

The DOI matches its Crossref record; 81 of the 81 references it cites were found in a registry or an index.

Renewable energy consumption, financial development, environmental pollution, and innovations in the ASEAN + 3 group: Evidence from (P-ARDL) model

Assi, Ala Fathi, Zhakanova Isiksal, Aliya, Tursoy, Turgut·2021·Renewable Energy

Abstract

Abstract To maintain economic and environmental sustainability, the study examines the influence of five major factors affecting renewable energy consumption. These five major factors include financial development, environmental pollution, innovation, economic freedom, and real GDP per capita in the ASEAN +3 economies during 1998-2018. By testing five hypotheses via the panel ARDL analysis and the Dumitrescu-Hurlin panel causality test, several interesting results were revealed. The results confirmed that financial expansion does not play a major role in the impacts on renewable energy consumption. Also, environmental pollution and economic freedom have a negative correlation with renewable energy consumption. However, the relationship between innovation and real GDP with renewable energy is positive. The results suggest that the ASEAN+3 group should reinforce strategies that support renewable energy projects to achieve economic and environmental sustainability. The study provides some recommendations for ASEAN + 3 economies that can help them promote strategies that support renewable energy projects that maintain the economic and environmental sustainability.

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Metadata

Authors
Assi, A. F., Zhakanova Isiksal, A., & Tursoy, T.
Venue
Renewable Energy
Publisher
Elsevier BV
Published
2021-03
Volume
165
Pages
689-700
ISSN
0960-1481 (ISSN-L)
OpenAlex
W3099212485
Cited by
259
References
81
FWCI
29.26
Type
journal article
Language
en
Open access
closed

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CoChat. (2026). Citation check: Renewable energy consumption, financial development, environmental pollution, and innovations in the ASEAN + 3 group: Evidence from (P-ARDL) model. https://app.cochat.ai/papers/10.1016/j.renene.2020.11.052
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Assi, A. F., Zhakanova Isiksal, A., & Tursoy, T. (2021). Renewable energy consumption, financial development, environmental pollution, and innovations in the ASEAN + 3 group: Evidence from (P-ARDL) model. Renewable Energy. https://doi.org/10.1016/j.renene.2020.11.052

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