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International Journal of Energy Economics and Policy
Article . 2022 . Peer-reviewed
Data sources: Crossref
image/svg+xml art designer at PLoS, modified by Wikipedia users Nina, Beao, JakobVoss, and AnonMoos Open Access logo, converted into svg, designed by PLoS. This version with transparent background. http://commons.wikimedia.org/wiki/File:Open_Access_logo_PLoS_white.svg art designer at PLoS, modified by Wikipedia users Nina, Beao, JakobVoss, and AnonMoos http://www.plos.org/
https://dx.doi.org/10.60692/0q...
Other literature type . 2022
Data sources: Datacite
https://dx.doi.org/10.60692/aj...
Other literature type . 2022
Data sources: Datacite
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The Link between Economic Growth and Sustainable Energy in G7-Countries and E7-Countries: Evidence from a Dynamic Panel Threshold Model

العلاقة بين النمو الاقتصادي والطاقة المستدامة في دول مجموعة السبع ودول مجموعة السبع: دليل من نموذج عتبة اللوحة الديناميكية
Authors: Najia Saqib; Haider Mahmood; Aamir Hussain Siddiqui; Muhammad Asif Shamim‬‬‬‬‬;

The Link between Economic Growth and Sustainable Energy in G7-Countries and E7-Countries: Evidence from a Dynamic Panel Threshold Model

Abstract

The available literature on sustainable energy use and economic growth nexus yields conflicting conclusions, as the effect can be positive, negative, or insignificant. This research explores the causal link between sustainable energy use and economic growth in G7-countries (Japan, Canada, Germany, Italy, France, United Kingdom, and United States) and E7-countries (Russia, Brazil, Indonesia, China, Mexico, India, and Turkey) countries from 1990 to 2019. We discover that sustainable energy use and economic growth are proportional. Our results show that sustainable energy use positively affects economic growth if E7-countries exceed a specific threshold. It is detrimental to economic growth for the E7 countries' sustainable energy use to fall below a certain threshold. The use of sustainable energy has no significant impact on economic growth, although it does have a positive and noticeable impact in the G7 countries. In order for the countries of the G7 to see positive economic growth as a result of their investment in renewable energy, it is necessary for those nations to surpass a certain threshold in terms of their use of sustainable energy.

Keywords

Renewable energy, Developing country, Economics, FOS: Political science, Social Sciences, Economic Impact of Environmental Policies and Resources, Energy Consumption, Engineering, Natural resource economics, Economic Growth, Sustainable development, GE1-350, Global Energy Demand, Rebound Effect on Energy Efficiency and Consumption, Political science, Development economics, Energy, Geography, Pollution, Economics, Econometrics and Finance, Archaeology, Physical Sciences, HD9502-9502.5, Economics and Econometrics, China, FOS: Law, E7 countries, Energy industries. Energy policy. Fuel trade, FOS: Economics and business, Indoor Air Pollution in Developing Countries, Econometrics, Embedded system, Order (exchange), Economic growth, Panel data, Renewable Energy, Sustainability and the Environment, Threshold effects, Sustainable energy, G7 countries, Computer science, Environmental sciences, Electrical engineering, Environmental Science, Sustainable growth rate, Nexus (standard), Law, Finance

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    5
    popularity
    This indicator reflects the "current" impact/attention (the "hype") of an article in the research community at large, based on the underlying citation network.
    Top 10%
    influence
    This indicator reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).
    Average
    impulse
    This indicator reflects the initial momentum of an article directly after its publication, based on the underlying citation network.
    Top 10%
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citations
This is an alternative to the "Influence" indicator, which also reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).
BIP!Citations provided by BIP!
popularity
This indicator reflects the "current" impact/attention (the "hype") of an article in the research community at large, based on the underlying citation network.
BIP!Popularity provided by BIP!
influence
This indicator reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).
BIP!Influence provided by BIP!
impulse
This indicator reflects the initial momentum of an article directly after its publication, based on the underlying citation network.
BIP!Impulse provided by BIP!
5
Top 10%
Average
Top 10%
gold