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

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dc.creator Saboori, Behnaz
dc.creator Dogan, Buhari
dc.creator Radulescu, Magdalena
dc.creator Shahzad, Umer
dc.date 2022-04-01T00:00:00Z
dc.date.accessioned 2022-05-10T11:20:41Z
dc.date.available 2022-05-10T11:20:41Z
dc.identifier 95e1a09b-e0f5-40d2-9be1-4e723e19c0b4
dc.identifier 10.1080/15567249.2022.2038733
dc.identifier https://avesis.sdu.edu.tr/publication/details/95e1a09b-e0f5-40d2-9be1-4e723e19c0b4/oai
dc.identifier.uri http://acikerisim.sdu.edu.tr/xmlui/handle/123456789/96804
dc.description 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.
dc.language eng
dc.rights info:eu-repo/semantics/closedAccess
dc.title Import product diversification and renewable energy: a new appraisal from developed and developing countries
dc.type info:eu-repo/semantics/article


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