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Unveiling the heterogeneous impacts of export product diversi fi cation on renewable energy consumption: New evidence from G-7 and E-7 countries

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dc.creator Dogan, Buhari
dc.creator Lv, Yulan
dc.creator Shahzad, Umer
dc.creator Xia, Wanjun
dc.date 2021-02-01T00:00:00Z
dc.date.accessioned 2021-12-03T11:54:44Z
dc.date.available 2021-12-03T11:54:44Z
dc.identifier c2757857-4bf4-4c0c-97df-92309ed4cfc5
dc.identifier 10.1016/j.renene.2020.10.143
dc.identifier https://avesis.sdu.edu.tr/publication/details/c2757857-4bf4-4c0c-97df-92309ed4cfc5/oai
dc.identifier.uri http://acikerisim.sdu.edu.tr/xmlui/handle/123456789/94696
dc.description One of the core objectives in Sustainable Development Goals of developed and emerging economies is to enhance the renewable energy consumption level to overcome environmental challenges. However, little is known about the export product diversification impacts on renewable energy consumption. The prime objective of this study is to explore the effects of export diversification, extensive margin and intensive margins on renewable energy consumption using a panel data of 14 countries (G-7 and E-7) spanning the period of 1990-2017. Current study is based on panel cointegration analysis, FGLS and FMOLS techniques, where the renewable energy consumption is given as a function of export diversification, economic growth, industrialization, trade openness and natural resources. The empirical findings show that product diversification policies have positive effects on renewable energy demand for developed and emerging economies. Interestingly, our results illustrate that the nonlinear hypothesis is valid between export diversification and renewable energy for the sample countries, while the threshold level and direction are different for both panels. (c) 2020 Elsevier Ltd. All rights reserved.
dc.language eng
dc.rights info:eu-repo/semantics/closedAccess
dc.title Unveiling the heterogeneous impacts of export product diversi fi cation on renewable energy consumption: New evidence from G-7 and E-7 countries
dc.type info:eu-repo/semantics/article


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