| Yazarlar |
Prof. Dr. Gülbahar ÜÇLER
Türkiye |
Roula Inglesi-Lotz
|
|
Nurgün Topallı
Nevşehir Hacı Bektaş Veli Üniversitesi, Türkiye |
| Özet |
| The Belt and Road Initiative (BRI), spearheaded by China, is anticipated to bolster trade, investment, and economic growth among participating countries to advance the United Nations' Sustainable Development Goal 7 through international trade. Within this context, renewable energy has emerged as a promising avenue to address environmental degradation and foster sustainable development. However, the impact of BRI's trade volume on renewable energy development and adoption in these nations remains unresolved. To address this, our study examines the influence of trade openness, foreign direct investment, economic growth, and oil prices on renewable energy consumption in 94 BRI countries with varying income levels from 2000 to 2019. Employing panel data analysis, including fixed effects (FE), random effects (RE), and the system generalised method of moments (GMM), we present findings across income groups: i) Trade openness exhibits a positive effect on renewable energy consumption in high-income and upper-middle-income countries; ii) In contrast, it diminishes renewable energy consumption in lower-middle-income countries; iii) Trade openness demonstrates insignificant effects on renewable energy consumption in low-income countries; iv) On the panel level, trade openness significantly and positively impacts renewable energy consumption. Our research underscores the significance of trade openness as a crucial instrument for advancing renewable energy development in high-income BRI countries, thereby fostering environmental sustainability. Policy interventions targeting renewable energy hold promise for enhancing environmental quality in low-income countries. |
| Anahtar Kelimeler |
| BRI | Diverse economies | GMM method | Renewable energy | Trade openness |
| Makale Türü | Özgün Makale |
| Makale Alt Türü | SSCI, AHCI, SCI, SCI-Exp dergilerinde yayımlanan tam makale |
| Dergi Adı | Environmental Science and Pollution Research |
| Dergi ISSN | 0944-1344 |
| Dergi Tarandığı Indeksler | SCI-Expanded |
| Dergi Grubu | Q1 |
| Makale Dili | İngilizce |
| Basım Tarihi | 09-2023 |
| Cilt No | 30 |
| Sayfalar | 101725 / 101743 |
| Doi Numarası | 10.1007/s11356-023-29464-y |
| Makale Linki | https://doi.org/10.1007/s11356-023-29464-y |
| Atıf Sayıları | |
| SCOPUS | 1 |
| Google Scholar | 1 |
