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Heterogenous impact of energy security and environmental regulations on energy transition: Exploring the disparity between high-income and middle-income countries

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dc.creator Shahbaz, Muhammad
dc.creator DOĞAN, Buhari
dc.creator Ferraz, Diogo
dc.creator Abbas, Shujaat
dc.creator Ghosh, Sudeshna
dc.creator Lin, Keliang
dc.date 2024-12-01T00:00:00Z
dc.date.accessioned 2025-02-25T10:35:49Z
dc.date.available 2025-02-25T10:35:49Z
dc.identifier a881b8b6-d986-42c8-bb7f-303913fb0819
dc.identifier 10.1016/j.renene.2024.121610
dc.identifier https://avesis.sdu.edu.tr/publication/details/a881b8b6-d986-42c8-bb7f-303913fb0819/oai
dc.identifier.uri http://acikerisim.sdu.edu.tr/xmlui/handle/123456789/100876
dc.description This study investigates the impact of energy security, environmental regulation, economic complexity, globalization, and geopolitical risk on the process of energy transition. To this end Methods of Moment Quantile regression is employed on panel data of twenty-one high-income countries and nine middle-income countries from 1996 to 2018. Findings indicate that energy insecurity and environmental regulation have positive impact on energy transition in both high income and middle-income countries. However, high geopolitical risk significantly reduces the positive effects of energy insecurity on energy transition. Further, the quantile regression reveals the heterogenous impact of these factors across the energy transition distribution. In view of such findings, the policy implications suggest that the governments in high-income countries should take advantage of the favorable aspects of energy insecurity and geopolitical risk to transform their energy structure, enforce stringent environmental policies and manage the negative implications of economic complexity on energy transition. Governments in middle-income countries should try to use effectively the energy insecurity and the globalization process. There is a need to control the negative influence of geopolitical risk on energy transformation.
dc.language eng
dc.rights info:eu-repo/semantics/closedAccess
dc.title Heterogenous impact of energy security and environmental regulations on energy transition: Exploring the disparity between high-income and middle-income countries
dc.type info:eu-repo/semantics/article


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