The DOI matches its Crossref record; 93 of the 93 references it cites were found in a registry or an index.
Renewable Energy Consumption, CO2 Emissions, and Economic Growth Nexus: A Simultaneity Spatial Modeling Analysis of EU Countries
Open accessAbstract
This study employed panel spatial simultaneous equations models with a generalized spatial two-stage least squares (GS2SLS) method to explore the three-way linkages among economic growth, carbon emissions, and renewable energy consumption for European Union (EU) countries from 1995 to 2014. Findings indicate that positive spatial correlations of the variables of concern are confirmed across countries. Specifically, the evidence shows that economic growth is stronger spatially correlated than carbon dioxide (CO2) emissions or renewable energy consumption. Our findings demonstrate that the link between economic growth and carbon emissions, and between economic growth and renewable energy consumption is bidirectional. Moreover, the evidence also confirms that the nexus between economic growth and renewable energy consumption is unidirectional. These novel empirical results would help policy makers in designing appropriate environmental and energy policies to fulfill EU targets for economic development and sustainability.
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Cites
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An econometric study of CO2 emissions, energy consumption, income and foreign trade in Turkey
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Cited by
How renewable energy alleviate energy poverty? A global analysis
Zhao, J., Dong, K., Dong, X., & Shahbaz, M. (2022) · Renewable Energy · doi:10.1016/j.renene.2022.01.005 · Cited by 394
Topolewski, Ł. (2021) · Energies · doi:10.3390/en14123565 · Cited by 71
Metadata
- Authors
- Radmehr, R., Henneberry, S. R., & Shayanmehr, S.
- Venue
- Structural Change and Economic Dynamics
- Publisher
- Elsevier BV
- Published
- 2021-06
- Volume
- 57
- Pages
- 13-27
- ISSN
- 0954-349X (ISSN-L)
- OpenAlex
- W3122941285
- Cited by
- 406
- References
- 93
- FWCI
- 60.61
- Type
- journal article
- Language
- en
- Open access
- hybrid
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- Radmehr, R., Henneberry, S. R., & Shayanmehr, S. (2021). Renewable Energy Consumption, CO2 Emissions, and Economic Growth Nexus: A Simultaneity Spatial Modeling Analysis of EU Countries. Structural Change and Economic Dynamics. https://doi.org/10.1016/j.strueco.2021.01.006
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Contains information from the Semantic Scholar Academic Graph Datasets, made available under the ODC Attribution License (ODC-BY 1.0).
Semantic Scholar’s data is described in: Kinney, R., et al. (2023). The Semantic Scholar Open Data Platform. arXiv:2301.10140.
