Import product diversification and renewable energy: a new appraisal from developed and developing countries

IF 3.1 4区工程技术 Q3 ENERGY & FUELS

Energy Sources Part B-Economics Planning and Policy Pub Date : 2022-04-09 DOI:10.1080/15567249.2022.2038733

Buhari Doğan, M. Radulescu, Umer Shahzad, B. Saboori

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引用次数: 7

Abstract

ABSTRACT This study investigates the role of the import diversification in the renewable energy consumption for a global panel of both developing and developed economies. The study applies panel co-integration and panel quantile regression analysis on the panel data of 138 countries during 1995–2018. For empirical analysis, the authors used Pedroni) cointegration test and panel-quantile regressions. The investigation proves that the import diversification significantly reduces the renewable energy consumption and there is a major need for designing and implementing some revised and synchronized policies of trade with the energy mix and sustainable development goals. The empirical findings claim that the foreign direct investments, natural resources and GDP increase significantly boost the renewable energy demand for both groups of developing and developed countries. Therefore, this study shows that generally the current trade policies might be ineffective and import diversification policies should be reformed to match with the energy regulations, manufacturing, and sustainable development goals.

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进口产品多样化与可再生能源:发达国家与发展中国家的新评价

摘要本研究以发展中国家和发达国家为研究对象，探讨了进口多样化在可再生能源消费中的作用。本研究对1995-2018年138个国家的面板数据进行了面板协整和面板分位数回归分析。实证分析采用Pedroni协整检验和面板分位数回归。调查证明，进口多样化大大降低了可再生能源的消耗，有必要设计和实施一些与能源结构和可持续发展目标同步的修订贸易政策。实证结果表明，外国直接投资、自然资源和国内生产总值的增加显著促进了发展中国家和发达国家对可再生能源的需求。因此，本研究表明，目前的贸易政策总体上可能是无效的，进口多样化政策应进行改革，以适应能源法规、制造业和可持续发展目标。

本文章由计算机程序翻译，如有差异，请以英文原文为准。

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来源期刊

Energy Sources Part B-Economics Planning and Policy ENERGY & FUELS-

CiteScore

6.80

自引率

12.80%

发文量

审稿时长

6-12 weeks

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