石油租金、可再生能源和金融发展的作用：来自欧佩克+成员国的证据

IF 10.2 2区经济学 0 ENVIRONMENTAL STUDIES

Resources Policy Pub Date : 2024-12-01 DOI:10.1016/j.resourpol.2024.105419

Marco Baudino

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引用次数: 0

摘要

本研究考察了不同金融发展指标下石油租金对OPEC+成员国可再生能源消费的阈值和调节效应。为此，在1999-2019年期间采用了动态面板阈值和GMM估计器。实证分析结果显示，金融市场和金融总量发展存在显著的负向阈值和调节效应，金融机构发展不存在显著的负向阈值和调节效应。具体而言，石油租金会降低可再生能源的消费，这种负面影响在金融市场和金融发展水平越高时就越明显。总体而言，结果不支持欧佩克+成员国的能源转型理论，即石油租金收入转移到可再生能源投资。相反，游说势力的存在以及金融市场和机构的支持不足得到了证实。这些发现为石油资源对可持续增长的作用提供了一个额外的争论点。

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Oil rents, renewable energy and the role of financial development: Evidence from OPEC+ members

This study examines the threshold and moderating effects of oil rents on renewable energy consumption in OPEC+ members for different financial development indicators. For this, dynamic panel threshold and GMM estimators are employed for the time period 1999-2019. The empirical findings of the analysis reveal significant and negative threshold and moderating effects for financial market and total financial development, but not for financial institution development. Specifically, oil rents are found to reduce renewable energy consumption, with this negative effect becoming more pronounced at higher levels of financial market and total financial development. Overall, the results do not support the energy transition theory for OPEC+ members for which revenues from oil rents are transferred toward renewable energy investments. Rather, the presence of lobbying influences and inadequate support from financial markets and institutions is validated. These findings provide an additional debating point on the role of oil endowments on sustainable growth.

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来源期刊

Resources Policy ENVIRONMENTAL STUDIES-

CiteScore

13.40

自引率

23.50%

发文量

602

审稿时长

69 days

期刊介绍： Resources Policy is an international journal focused on the economics and policy aspects of mineral and fossil fuel extraction, production, and utilization. It targets individuals in academia, government, and industry. The journal seeks original research submissions analyzing public policy, economics, social science, geography, and finance in the fields of mining, non-fuel minerals, energy minerals, fossil fuels, and metals. Mineral economics topics covered include mineral market analysis, price analysis, project evaluation, mining and sustainable development, mineral resource rents, resource curse, mineral wealth and corruption, mineral taxation and regulation, strategic minerals and their supply, and the impact of mineral development on local communities and indigenous populations. The journal specifically excludes papers with agriculture, forestry, or fisheries as their primary focus.