The impact of renewable energy sources on the sustainable development of the economy and greenhouse gas emissions

Growing population and limited energy resources have impacted energy consumption. Limited fossil fuel resources and increased pollution threaten national and human societies. These elements emphasize energy sources. Renewable energy use affects growth. All new energy sources, including renewables, a...

Full description

Autores:
Candra, Oriza
Chammam, Abdeljelil
Núñez Alvarez, José Ricardo
Muda, Iskandar
Aybar, Hikmet Ş.
Tipo de recurso:
Article of investigation
Fecha de publicación:
2023
Institución:
Corporación Universidad de la Costa
Repositorio:
REDICUC - Repositorio CUC
Idioma:
eng
OAI Identifier:
oai:repositorio.cuc.edu.co:11323/10409
Acceso en línea:
https://hdl.handle.net/11323/10409
https://repositorio.cuc.edu.co/
Palabra clave:
Renewable energy source
GDP
CO2 emission
Economy
Rights
openAccess
License
Atribución 4.0 Internacional (CC BY 4.0)
id RCUC2_d0ca9377b4e3039d91ebc4fc41ccb2d5
oai_identifier_str oai:repositorio.cuc.edu.co:11323/10409
network_acronym_str RCUC2
network_name_str REDICUC - Repositorio CUC
repository_id_str
dc.title.eng.fl_str_mv The impact of renewable energy sources on the sustainable development of the economy and greenhouse gas emissions
title The impact of renewable energy sources on the sustainable development of the economy and greenhouse gas emissions
spellingShingle The impact of renewable energy sources on the sustainable development of the economy and greenhouse gas emissions
Renewable energy source
GDP
CO2 emission
Economy
title_short The impact of renewable energy sources on the sustainable development of the economy and greenhouse gas emissions
title_full The impact of renewable energy sources on the sustainable development of the economy and greenhouse gas emissions
title_fullStr The impact of renewable energy sources on the sustainable development of the economy and greenhouse gas emissions
title_full_unstemmed The impact of renewable energy sources on the sustainable development of the economy and greenhouse gas emissions
title_sort The impact of renewable energy sources on the sustainable development of the economy and greenhouse gas emissions
dc.creator.fl_str_mv Candra, Oriza
Chammam, Abdeljelil
Núñez Alvarez, José Ricardo
Muda, Iskandar
Aybar, Hikmet Ş.
dc.contributor.author.none.fl_str_mv Candra, Oriza
Chammam, Abdeljelil
Núñez Alvarez, José Ricardo
Muda, Iskandar
Aybar, Hikmet Ş.
dc.subject.proposal.eng.fl_str_mv Renewable energy source
GDP
CO2 emission
Economy
topic Renewable energy source
GDP
CO2 emission
Economy
description Growing population and limited energy resources have impacted energy consumption. Limited fossil fuel resources and increased pollution threaten national and human societies. These elements emphasize energy sources. Renewable energy use affects growth. All new energy sources, including renewables, are crucial for global economic growth. Economic and environmental issues have led to new approaches in international environmental law, including the green economy. This study employs structural vector auto-regression (SVAR) to compare the effects and outcomes of increasing the use of renewable energy in the context of economic growth and greenhouse gas emissions in middle income countries (MICs) and high income countries (HICs). The results show that these indicators demonstrate that the production of energy from renewable sources has positive short-term and long-term economic effects with varying contributions. However, renewable energies have a greater impact on the green economy in selected MICs than in selected HICs. Therefore, the promotion of macroeconomic indicators is viewed as one of the reasons for the development of policies to increase energy production from renewable sources in selected countries.
publishDate 2023
dc.date.accessioned.none.fl_str_mv 2023-08-24T19:16:29Z
dc.date.available.none.fl_str_mv 2023-08-24T19:16:29Z
dc.date.issued.none.fl_str_mv 2023-01-22
dc.type.spa.fl_str_mv Artículo de revista
dc.type.coar.spa.fl_str_mv http://purl.org/coar/resource_type/c_2df8fbb1
dc.type.content.spa.fl_str_mv Text
dc.type.driver.spa.fl_str_mv info:eu-repo/semantics/article
dc.type.redcol.spa.fl_str_mv http://purl.org/redcol/resource_type/ART
dc.type.version.spa.fl_str_mv info:eu-repo/semantics/publishedVersion
dc.type.coarversion.spa.fl_str_mv http://purl.org/coar/version/c_970fb48d4fbd8a85
format http://purl.org/coar/resource_type/c_2df8fbb1
status_str publishedVersion
dc.identifier.citation.spa.fl_str_mv Candra, O.; Chammam, A.; Alvarez, J.R.N.; Muda, I.; Aybar, H. ¸S. The Impact of Renewable Energy Sources on the Sustainable Development of the Economy and Greenhouse Gas Emissions. Sustainability 2023, 15, 2104. https://doi.org/10.3390/su15032104
dc.identifier.uri.none.fl_str_mv https://hdl.handle.net/11323/10409
dc.identifier.doi.none.fl_str_mv 10.3390/su15032104
dc.identifier.eissn.spa.fl_str_mv 2071-1050
dc.identifier.instname.spa.fl_str_mv Corporación Universidad de la Costa
dc.identifier.reponame.spa.fl_str_mv REDICUC - Repositorio CUC
dc.identifier.repourl.spa.fl_str_mv https://repositorio.cuc.edu.co/
identifier_str_mv Candra, O.; Chammam, A.; Alvarez, J.R.N.; Muda, I.; Aybar, H. ¸S. The Impact of Renewable Energy Sources on the Sustainable Development of the Economy and Greenhouse Gas Emissions. Sustainability 2023, 15, 2104. https://doi.org/10.3390/su15032104
10.3390/su15032104
2071-1050
Corporación Universidad de la Costa
REDICUC - Repositorio CUC
url https://hdl.handle.net/11323/10409
https://repositorio.cuc.edu.co/
dc.language.iso.spa.fl_str_mv eng
language eng
dc.relation.ispartofjournal.spa.fl_str_mv Sustainability
dc.relation.references.spa.fl_str_mv 1. Yavari, F.; Salehi Neyshabouri, S.A.; Yazdi, J.; Molajou, A.; Brysiewicz, A. A Novel Framework for Urban Flood Damage Assessment. Water Resour. Manag. 2022, 36, 1991–2011. [CrossRef]
2. Azizi, H.; Nejatian, N. Evaluation of the Climate Change Impact on the Intensity and Return Period for Drought Indices of SPI and SPEI (Study Area: Varamin Plain). Water Supply 2022, 22, 4373–4386. [CrossRef]
3. Molajou, A.; Afshar, A.; Khosravi, M.; Soleimanian, E.; Vahabzadeh, M.; Variani, H.A. A New Paradigm of Water, Food, and Energy Nexus. Environ. Sci. Pollut. Res. 2021. [CrossRef] [PubMed]
4. Molajou, A.; Pouladi, P.; Afshar, A. Incorporating Social System into Water-Food-Energy Nexus. Water Resour. Manag. 2021, 35, 4561–4580. [CrossRef]
5. Afshar, A.; Soleimanian, E.; Akbari Variani, H.; Vahabzadeh, M.; Molajou, A. The Conceptual Framework to Determine Interrelations and Interactions for Holistic Water, Energy, and Food Nexus. Environ. Dev. Sustain. 2022, 24, 10119–10140. [CrossRef]
6. Sharifpur, M.; Ahmadi, M.H.; Rungamornrat, J.; Malek Mohsen, F. Thermal Management of Solar Photovoltaic Cell by Using Single Walled Carbon Nanotube (SWCNT)/Water: Numerical Simulation and Sensitivity Analysis. Sustainability 2022, 14, 11523. [CrossRef]
7. Kandemir, S.Y.; Yayli, M.O.; Acikkalp, E. Assessment of Electric Energy Generation Using Wind Energy in Turkey. In Proceedings of the 7th Iran Wind Energy Conference (IWEC2021), Shahrood, Iran, 17–18 May 2021; IEEE: Piscataway, NJ, USA, 2021; pp. 1–3.
8. Coban, V.; Guler, E.; Kilic, T.; Kandemir, S.Y. Precipitation Forecasting in Marmara Region of Turkey. Arab. J. Geosci. 2021, 14, 86. [CrossRef]
9. Li, L.; Lin, J.; Wu, N.; Xie, S.; Meng, C.; Zheng, Y.; Wang, X.; Zhao, Y. Review and Outlook on the International Renewable Energy Development. Energy Built Environ. 2022, 3, 139–157. [CrossRef]
10. Zou, C.; Xiong, B.; Xue, H.; Zheng, D.; Ge, Z.; Wang, Y.; Jiang, L.; Pan, S.; Wu, S. The Role of New Energy in Carbon Neutral. Pet. Explor. Dev. 2021, 48, 480–491. [CrossRef]
11. Abdullah, W.S.W.; Osman, M.; Kadir, M.Z.A.A.; Verayiah, R. The Potential and Status of Renewable Energy Development in Malaysia. Energies 2019, 12, 2437. [CrossRef]
12. Qadir, S.A.; Al-Motairi, H.; Tahir, F.; Al-Fagih, L. Incentives and Strategies for Financing the Renewable Energy Transition: A Review. Energy Rep. 2021, 7, 3590–3606. [CrossRef]
13. Khan, I.S.; Ahmad, M.O.; Majava, J. Industry 4.0 and Sustainable Development: A Systematic Mapping of Triple Bottom Line, Circular Economy and Sustainable Business Models Perspectives. J. Clean. Prod. 2021, 297, 126655. [CrossRef]
14. Markaki, M.; Belegri-Roboli, A.; Michaelides, P.; Mirasgedis, S.; Lalas, D.P. The Impact of Clean Energy Investments on the Greek Economy: An Input–Output Analysis (2010–2020). Energy Policy 2013, 57, 263–275. [CrossRef]
15. Colombo, E.; Mercorio, F.; Mezzanzanica, M. AI Meets Labor Market: Exploring the Link between Automation and Skills. Inf. Econ. Policy 2019, 47, 27–37. [CrossRef]
16. Potrˇc, S.; Cuˇcek, L.; Martin, M.; Kravanja, Z. Sustainable Renewable Energy Supply Networks Optimization—The Gradual ˇ Transition to a Renewable Energy System within the European Union by 2050. Renew. Sustain. Energy Rev. 2021, 146, 111186. [CrossRef]
17. Alawida, M.; Samsudin, A.; Teh, J. Sen Enhanced Digital Chaotic Maps Based on Bit Reversal with Applications in Random Bit Generators. Inf. Sci. 2020, 512, 1155–1169. [CrossRef]
18. Smirnova, E.; Kot, S.; Kolpak, E.; Shestak, V. Governmental Support and Renewable Energy Production: A Cross-Country Review. Energy 2021, 230, 120903. [CrossRef]
19. Wang, B.; Zhao, W. Interplay of Renewable Energy Investment Efficiency, Shareholder Control and Green Financial Development in China. Renew. Energy 2022, 199, 192–203. [CrossRef]
20. Yuping, L.; Ramzan, M.; Xincheng, L.; Murshed, M.; Awosusi, A.A.; BAH, S.I.; Adebayo, T.S. Determinants of Carbon Emissions in Argentina: The Roles of Renewable Energy Consumption and Globalization. Energy Rep. 2021, 7, 4747–4760. [CrossRef]
21. Zahraoui, Y.; Basir Khan, M.R.; Alhamrouni, I.; Mekhilef, S.; Ahmed, M. Current Status, Scenario, and Prospective of Renewable Energy in Algeria: A Review. Energies 2021, 14, 2354. [CrossRef]
22. Li, R.; Leung, G.C.K. The Relationship between Energy Prices, Economic Growth and Renewable Energy Consumption: Evidence from Europe. Energy Rep. 2021, 7, 1712–1719. [CrossRef]
23. Levenda, A.M.; Behrsin, I.; Disano, F. Renewable Energy for Whom? A Global Systematic Review of the Environmental Justice Implications of Renewable Energy Technologies. Energy Res. Soc. Sci. 2021, 71, 101837. [CrossRef]
24. Belaïd, F.; Zrelli, M.H. Renewable and Non-Renewable Electricity Consumption, Environmental Degradation and Economic Development: Evidence from Mediterranean Countries. Energy Policy 2019, 133, 110929. [CrossRef]
25. Pata, U.K. Renewable and Non-Renewable Energy Consumption, Economic Complexity, CO2 Emissions, and Ecological Footprint in the USA: Testing the EKC Hypothesis with a Structural Break. Environ. Sci. Pollut. Res. 2021, 28, 846–861. [CrossRef]
26. Wall, W.P.; Khalid, B.; Urba ´nski, M.; Kot, M. Factors Influencing Consumer’s Adoption of Renewable Energy. Energies 2021, 14, 5420. [CrossRef]
27. Jin, L.; Chang, Y.; Wang, M.; Zheng, X.; Yang, J.; Gu, J. The Dynamics of CO2 Emissions, Energy Consumption, and Economic Development: Evidence from the Top 28 Greenhouse Gas Emitters. Environ. Sci. Pollut. Res. 2022, 29, 36565–36574. [CrossRef] [PubMed]
28. Wang, Q.; Wang, L.; Li, R. Trade Protectionism Jeopardizes Carbon Neutrality—Decoupling and Breakpoints Roles of Trade Openness. Sustain. Prod. Consum. 2023, 35, 201–215. [CrossRef]
29. Wang, Q.; Zhang, F.; Li, R. Revisiting the Environmental Kuznets Curve Hypothesis in 208 Counties: The Roles of Trade Openness, Human Capital, Renewable Energy and Natural Resource Rent. Environ. Res. 2023, 216, 114637. [CrossRef]
30. Wang, Q.; Yang, T.; Li, R. Does Income Inequality Reshape the Environmental Kuznets Curve (EKC) Hypothesis? A Nonlinear Panel Data Analysis. Environ. Res. 2023, 216, 114575. [CrossRef]
31. Li, R.; Wang, Q.; Liu, Y.; Jiang, R. Per-Capita Carbon Emissions in 147 Countries: The Effect of Economic, Energy, Social, and Trade Structural Changes. Sustain. Prod. Consum. 2021, 27, 1149–1164. [CrossRef]
32. Pao, H.-T.; Li, Y.-Y. Hsin-Chia Fu Clean Energy, Non-Clean Energy, and Economic Growth in the MIST Countries. Energy Policy 2014, 67, 932–942. [CrossRef]
33. Cho, S.; Heo, E.; Kim, J. Causal Relationship between Renewable Energy Consumption and Economic Growth: Comparison between Developed and Less-Developed Countries. Geosyst. Eng. 2015, 18, 284–291. [CrossRef]
34. Hdom, H.A.D. Examining Carbon Dioxide Emissions, Fossil & Renewable Electricity Generation and Economic Growth: Evidence from a Panel of South American Countries. Renew. Energy 2019, 139, 186–197. [CrossRef]
35. Wang, R.; Hsu, S.-C.; Zheng, S.; Chen, J.-H.; Li, X.I. Renewable Energy Microgrids: Economic Evaluation and Decision Making for Government Policies to Contribute to Affordable and Clean Energy. Appl. Energy 2020, 274, 115287. [CrossRef]
36. Bisello, A.; Grilli, G.; Balest, J.; Stellin, G.; Ciolli, M. Co-Benefits of Smart and Sustainable Energy District Projects: An Overview of Economic Assessment Methodologies. In Smart and Sustainable Planning for Cities and Regions; Springer: Cham, Switzerland, 2017; pp. 127–164. ISBN 9783319448992.
37. Fantom, N.; Serajuddin, U. The World Bank’s Classification of Countries by Income; World Bank: Washington, DC, USA, 2016.
38. Lopez, L.; Weber, S. Testing for Granger Causality in Panel Data. Stata J. 2017, 17, 972–984. [CrossRef]
39. Wang, Q.; Li, L.; Li, R. Uncovering the Impact of Income Inequality and Population Aging on Carbon Emission Efficiency: An Empirical Analysis of 139 Countries. Sci. Total Environ. 2023, 857, 159508. [CrossRef]
40. Wilcox, R. Regression: Determining Which of p Independent Variables Has the Largest or Smallest Correlation with the Dependent Variable, Plus Results on Ordering the Correlations Winsorized. J. Mod. Appl. Stat. Methods 2020, 18, 8. [CrossRef]
41. Bruns, S.B.; Stern, D.I. Lag Length Selection and P-Hacking in Granger Causality Testing: Prevalence and Performance of Meta-Regression Models. Empir. Econ. 2019, 56, 797–830. [CrossRef]
42. Li, Y.; Goodell, J.W.; Shen, D. Does Happiness Forecast Implied Volatility? Evidence from Nonparametric Wave-Based Granger Causality Testing. Q. Rev. Econ. Financ. 2021, 81, 113–122. [CrossRef]
43. Shahabadi, A.; Samari, H.; Nemati, M. Factors Affecting Environmental Performance Index (EPI) in Selected OPEC Countries. Iran. Econ. Rev. 2017, 21, 457–467. [CrossRef]
44. Wang, Q.; Wang, L. Renewable Energy Consumption and Economic Growth in OECD Countries: A Nonlinear Panel Data Analysis. Energy 2020, 207, 118200. [CrossRef]
dc.relation.citationendpage.spa.fl_str_mv 11
dc.relation.citationstartpage.spa.fl_str_mv 1
dc.relation.citationissue.spa.fl_str_mv 3
dc.relation.citationvolume.spa.fl_str_mv 15
dc.rights.eng.fl_str_mv © 2023 by the authors. Licensee MDPI, Basel, Switzerland.
dc.rights.license.spa.fl_str_mv Atribución 4.0 Internacional (CC BY 4.0)
dc.rights.uri.spa.fl_str_mv https://creativecommons.org/licenses/by/4.0/
dc.rights.accessrights.spa.fl_str_mv info:eu-repo/semantics/openAccess
dc.rights.coar.spa.fl_str_mv http://purl.org/coar/access_right/c_abf2
rights_invalid_str_mv Atribución 4.0 Internacional (CC BY 4.0)
© 2023 by the authors. Licensee MDPI, Basel, Switzerland.
https://creativecommons.org/licenses/by/4.0/
http://purl.org/coar/access_right/c_abf2
eu_rights_str_mv openAccess
dc.format.extent.spa.fl_str_mv 11 páginas
dc.format.mimetype.spa.fl_str_mv application/pdf
dc.publisher.spa.fl_str_mv MDPI AG
dc.publisher.place.spa.fl_str_mv Switzerland
dc.source.spa.fl_str_mv https://www.mdpi.com/2071-1050/15/3/2104
institution Corporación Universidad de la Costa
bitstream.url.fl_str_mv https://dspace7-cuc.metabuscador.org/bitstreams/8a9d6df4-c019-4d5d-95da-d765fe81e5f0/download
https://dspace7-cuc.metabuscador.org/bitstreams/f1867db4-964e-4e40-b338-d4944101fcae/download
https://dspace7-cuc.metabuscador.org/bitstreams/19d2e8d5-5181-41b3-9bbc-b50ac3b53883/download
https://dspace7-cuc.metabuscador.org/bitstreams/0a656077-99b9-4412-b3b1-bf019daee5b6/download
bitstream.checksum.fl_str_mv 8f547b68bdef8cef8228f2b01e9e4b4e
2f9959eaf5b71fae44bbf9ec84150c7a
bffb8e774730290c09e647b774e53aad
786af165d4d640c5d331a6577ca0427e
bitstream.checksumAlgorithm.fl_str_mv MD5
MD5
MD5
MD5
repository.name.fl_str_mv Repositorio de la Universidad de la Costa CUC
repository.mail.fl_str_mv repdigital@cuc.edu.co
_version_ 1828166911879282688
spelling Atribución 4.0 Internacional (CC BY 4.0)© 2023 by the authors. Licensee MDPI, Basel, Switzerland.https://creativecommons.org/licenses/by/4.0/info:eu-repo/semantics/openAccesshttp://purl.org/coar/access_right/c_abf2Candra, Orizaf73c3d1a5762874d8382cefef3a74895600Chammam, Abdeljelila0c4b215e67757292bbb7ad1836a22b5Núñez Alvarez, José Ricardo7db12945ff9ffb3f6f01531893fb625c600Muda, Iskandar78d436a3cb9b5c0f9036d957a423a229Aybar, Hikmet Ş.8596bca69a2e75ab1d5bdf4a3dcc17e56002023-08-24T19:16:29Z2023-08-24T19:16:29Z2023-01-22Candra, O.; Chammam, A.; Alvarez, J.R.N.; Muda, I.; Aybar, H. ¸S. The Impact of Renewable Energy Sources on the Sustainable Development of the Economy and Greenhouse Gas Emissions. Sustainability 2023, 15, 2104. https://doi.org/10.3390/su15032104https://hdl.handle.net/11323/1040910.3390/su150321042071-1050Corporación Universidad de la CostaREDICUC - Repositorio CUChttps://repositorio.cuc.edu.co/Growing population and limited energy resources have impacted energy consumption. Limited fossil fuel resources and increased pollution threaten national and human societies. These elements emphasize energy sources. Renewable energy use affects growth. All new energy sources, including renewables, are crucial for global economic growth. Economic and environmental issues have led to new approaches in international environmental law, including the green economy. This study employs structural vector auto-regression (SVAR) to compare the effects and outcomes of increasing the use of renewable energy in the context of economic growth and greenhouse gas emissions in middle income countries (MICs) and high income countries (HICs). The results show that these indicators demonstrate that the production of energy from renewable sources has positive short-term and long-term economic effects with varying contributions. However, renewable energies have a greater impact on the green economy in selected MICs than in selected HICs. Therefore, the promotion of macroeconomic indicators is viewed as one of the reasons for the development of policies to increase energy production from renewable sources in selected countries.11 páginasapplication/pdfengMDPI AGSwitzerlandhttps://www.mdpi.com/2071-1050/15/3/2104The impact of renewable energy sources on the sustainable development of the economy and greenhouse gas emissionsArtículo de revistahttp://purl.org/coar/resource_type/c_2df8fbb1Textinfo:eu-repo/semantics/articlehttp://purl.org/redcol/resource_type/ARTinfo:eu-repo/semantics/publishedVersionhttp://purl.org/coar/version/c_970fb48d4fbd8a85Sustainability1. Yavari, F.; Salehi Neyshabouri, S.A.; Yazdi, J.; Molajou, A.; Brysiewicz, A. A Novel Framework for Urban Flood Damage Assessment. Water Resour. Manag. 2022, 36, 1991–2011. [CrossRef]2. Azizi, H.; Nejatian, N. Evaluation of the Climate Change Impact on the Intensity and Return Period for Drought Indices of SPI and SPEI (Study Area: Varamin Plain). Water Supply 2022, 22, 4373–4386. [CrossRef]3. Molajou, A.; Afshar, A.; Khosravi, M.; Soleimanian, E.; Vahabzadeh, M.; Variani, H.A. A New Paradigm of Water, Food, and Energy Nexus. Environ. Sci. Pollut. Res. 2021. [CrossRef] [PubMed]4. Molajou, A.; Pouladi, P.; Afshar, A. Incorporating Social System into Water-Food-Energy Nexus. Water Resour. Manag. 2021, 35, 4561–4580. [CrossRef]5. Afshar, A.; Soleimanian, E.; Akbari Variani, H.; Vahabzadeh, M.; Molajou, A. The Conceptual Framework to Determine Interrelations and Interactions for Holistic Water, Energy, and Food Nexus. Environ. Dev. Sustain. 2022, 24, 10119–10140. [CrossRef]6. Sharifpur, M.; Ahmadi, M.H.; Rungamornrat, J.; Malek Mohsen, F. Thermal Management of Solar Photovoltaic Cell by Using Single Walled Carbon Nanotube (SWCNT)/Water: Numerical Simulation and Sensitivity Analysis. Sustainability 2022, 14, 11523. [CrossRef]7. Kandemir, S.Y.; Yayli, M.O.; Acikkalp, E. Assessment of Electric Energy Generation Using Wind Energy in Turkey. In Proceedings of the 7th Iran Wind Energy Conference (IWEC2021), Shahrood, Iran, 17–18 May 2021; IEEE: Piscataway, NJ, USA, 2021; pp. 1–3.8. Coban, V.; Guler, E.; Kilic, T.; Kandemir, S.Y. Precipitation Forecasting in Marmara Region of Turkey. Arab. J. Geosci. 2021, 14, 86. [CrossRef]9. Li, L.; Lin, J.; Wu, N.; Xie, S.; Meng, C.; Zheng, Y.; Wang, X.; Zhao, Y. Review and Outlook on the International Renewable Energy Development. Energy Built Environ. 2022, 3, 139–157. [CrossRef]10. Zou, C.; Xiong, B.; Xue, H.; Zheng, D.; Ge, Z.; Wang, Y.; Jiang, L.; Pan, S.; Wu, S. The Role of New Energy in Carbon Neutral. Pet. Explor. Dev. 2021, 48, 480–491. [CrossRef]11. Abdullah, W.S.W.; Osman, M.; Kadir, M.Z.A.A.; Verayiah, R. The Potential and Status of Renewable Energy Development in Malaysia. Energies 2019, 12, 2437. [CrossRef]12. Qadir, S.A.; Al-Motairi, H.; Tahir, F.; Al-Fagih, L. Incentives and Strategies for Financing the Renewable Energy Transition: A Review. Energy Rep. 2021, 7, 3590–3606. [CrossRef]13. Khan, I.S.; Ahmad, M.O.; Majava, J. Industry 4.0 and Sustainable Development: A Systematic Mapping of Triple Bottom Line, Circular Economy and Sustainable Business Models Perspectives. J. Clean. Prod. 2021, 297, 126655. [CrossRef]14. Markaki, M.; Belegri-Roboli, A.; Michaelides, P.; Mirasgedis, S.; Lalas, D.P. The Impact of Clean Energy Investments on the Greek Economy: An Input–Output Analysis (2010–2020). Energy Policy 2013, 57, 263–275. [CrossRef]15. Colombo, E.; Mercorio, F.; Mezzanzanica, M. AI Meets Labor Market: Exploring the Link between Automation and Skills. Inf. Econ. Policy 2019, 47, 27–37. [CrossRef]16. Potrˇc, S.; Cuˇcek, L.; Martin, M.; Kravanja, Z. Sustainable Renewable Energy Supply Networks Optimization—The Gradual ˇ Transition to a Renewable Energy System within the European Union by 2050. Renew. Sustain. Energy Rev. 2021, 146, 111186. [CrossRef]17. Alawida, M.; Samsudin, A.; Teh, J. Sen Enhanced Digital Chaotic Maps Based on Bit Reversal with Applications in Random Bit Generators. Inf. Sci. 2020, 512, 1155–1169. [CrossRef]18. Smirnova, E.; Kot, S.; Kolpak, E.; Shestak, V. Governmental Support and Renewable Energy Production: A Cross-Country Review. Energy 2021, 230, 120903. [CrossRef]19. Wang, B.; Zhao, W. Interplay of Renewable Energy Investment Efficiency, Shareholder Control and Green Financial Development in China. Renew. Energy 2022, 199, 192–203. [CrossRef]20. Yuping, L.; Ramzan, M.; Xincheng, L.; Murshed, M.; Awosusi, A.A.; BAH, S.I.; Adebayo, T.S. Determinants of Carbon Emissions in Argentina: The Roles of Renewable Energy Consumption and Globalization. Energy Rep. 2021, 7, 4747–4760. [CrossRef]21. Zahraoui, Y.; Basir Khan, M.R.; Alhamrouni, I.; Mekhilef, S.; Ahmed, M. Current Status, Scenario, and Prospective of Renewable Energy in Algeria: A Review. Energies 2021, 14, 2354. [CrossRef]22. Li, R.; Leung, G.C.K. The Relationship between Energy Prices, Economic Growth and Renewable Energy Consumption: Evidence from Europe. Energy Rep. 2021, 7, 1712–1719. [CrossRef]23. Levenda, A.M.; Behrsin, I.; Disano, F. Renewable Energy for Whom? A Global Systematic Review of the Environmental Justice Implications of Renewable Energy Technologies. Energy Res. Soc. Sci. 2021, 71, 101837. [CrossRef]24. Belaïd, F.; Zrelli, M.H. Renewable and Non-Renewable Electricity Consumption, Environmental Degradation and Economic Development: Evidence from Mediterranean Countries. Energy Policy 2019, 133, 110929. [CrossRef]25. Pata, U.K. Renewable and Non-Renewable Energy Consumption, Economic Complexity, CO2 Emissions, and Ecological Footprint in the USA: Testing the EKC Hypothesis with a Structural Break. Environ. Sci. Pollut. Res. 2021, 28, 846–861. [CrossRef]26. Wall, W.P.; Khalid, B.; Urba ´nski, M.; Kot, M. Factors Influencing Consumer’s Adoption of Renewable Energy. Energies 2021, 14, 5420. [CrossRef]27. Jin, L.; Chang, Y.; Wang, M.; Zheng, X.; Yang, J.; Gu, J. The Dynamics of CO2 Emissions, Energy Consumption, and Economic Development: Evidence from the Top 28 Greenhouse Gas Emitters. Environ. Sci. Pollut. Res. 2022, 29, 36565–36574. [CrossRef] [PubMed]28. Wang, Q.; Wang, L.; Li, R. Trade Protectionism Jeopardizes Carbon Neutrality—Decoupling and Breakpoints Roles of Trade Openness. Sustain. Prod. Consum. 2023, 35, 201–215. [CrossRef]29. Wang, Q.; Zhang, F.; Li, R. Revisiting the Environmental Kuznets Curve Hypothesis in 208 Counties: The Roles of Trade Openness, Human Capital, Renewable Energy and Natural Resource Rent. Environ. Res. 2023, 216, 114637. [CrossRef]30. Wang, Q.; Yang, T.; Li, R. Does Income Inequality Reshape the Environmental Kuznets Curve (EKC) Hypothesis? A Nonlinear Panel Data Analysis. Environ. Res. 2023, 216, 114575. [CrossRef]31. Li, R.; Wang, Q.; Liu, Y.; Jiang, R. Per-Capita Carbon Emissions in 147 Countries: The Effect of Economic, Energy, Social, and Trade Structural Changes. Sustain. Prod. Consum. 2021, 27, 1149–1164. [CrossRef]32. Pao, H.-T.; Li, Y.-Y. Hsin-Chia Fu Clean Energy, Non-Clean Energy, and Economic Growth in the MIST Countries. Energy Policy 2014, 67, 932–942. [CrossRef]33. Cho, S.; Heo, E.; Kim, J. Causal Relationship between Renewable Energy Consumption and Economic Growth: Comparison between Developed and Less-Developed Countries. Geosyst. Eng. 2015, 18, 284–291. [CrossRef]34. Hdom, H.A.D. Examining Carbon Dioxide Emissions, Fossil & Renewable Electricity Generation and Economic Growth: Evidence from a Panel of South American Countries. Renew. Energy 2019, 139, 186–197. [CrossRef]35. Wang, R.; Hsu, S.-C.; Zheng, S.; Chen, J.-H.; Li, X.I. Renewable Energy Microgrids: Economic Evaluation and Decision Making for Government Policies to Contribute to Affordable and Clean Energy. Appl. Energy 2020, 274, 115287. [CrossRef]36. Bisello, A.; Grilli, G.; Balest, J.; Stellin, G.; Ciolli, M. Co-Benefits of Smart and Sustainable Energy District Projects: An Overview of Economic Assessment Methodologies. In Smart and Sustainable Planning for Cities and Regions; Springer: Cham, Switzerland, 2017; pp. 127–164. ISBN 9783319448992.37. Fantom, N.; Serajuddin, U. The World Bank’s Classification of Countries by Income; World Bank: Washington, DC, USA, 2016.38. Lopez, L.; Weber, S. Testing for Granger Causality in Panel Data. Stata J. 2017, 17, 972–984. [CrossRef]39. Wang, Q.; Li, L.; Li, R. Uncovering the Impact of Income Inequality and Population Aging on Carbon Emission Efficiency: An Empirical Analysis of 139 Countries. Sci. Total Environ. 2023, 857, 159508. [CrossRef]40. Wilcox, R. Regression: Determining Which of p Independent Variables Has the Largest or Smallest Correlation with the Dependent Variable, Plus Results on Ordering the Correlations Winsorized. J. Mod. Appl. Stat. Methods 2020, 18, 8. [CrossRef]41. Bruns, S.B.; Stern, D.I. Lag Length Selection and P-Hacking in Granger Causality Testing: Prevalence and Performance of Meta-Regression Models. Empir. Econ. 2019, 56, 797–830. [CrossRef]42. Li, Y.; Goodell, J.W.; Shen, D. Does Happiness Forecast Implied Volatility? Evidence from Nonparametric Wave-Based Granger Causality Testing. Q. Rev. Econ. Financ. 2021, 81, 113–122. [CrossRef]43. Shahabadi, A.; Samari, H.; Nemati, M. Factors Affecting Environmental Performance Index (EPI) in Selected OPEC Countries. Iran. Econ. Rev. 2017, 21, 457–467. [CrossRef]44. Wang, Q.; Wang, L. Renewable Energy Consumption and Economic Growth in OECD Countries: A Nonlinear Panel Data Analysis. Energy 2020, 207, 118200. [CrossRef]111315Renewable energy sourceGDPCO2 emissionEconomyPublicationORIGINALThe Impact of Renewable Energy Sources on the Sustainable Development of the Economy and Greenhouse Gas Emissions.pdfThe Impact of Renewable Energy Sources on the Sustainable Development of the Economy and Greenhouse Gas Emissions.pdfapplication/pdf1483630https://dspace7-cuc.metabuscador.org/bitstreams/8a9d6df4-c019-4d5d-95da-d765fe81e5f0/download8f547b68bdef8cef8228f2b01e9e4b4eMD51LICENSElicense.txtlicense.txttext/plain; charset=utf-814828https://dspace7-cuc.metabuscador.org/bitstreams/f1867db4-964e-4e40-b338-d4944101fcae/download2f9959eaf5b71fae44bbf9ec84150c7aMD52TEXTThe Impact of Renewable Energy Sources on the Sustainable Development of the Economy and Greenhouse Gas Emissions.pdf.txtThe Impact of Renewable Energy Sources on the Sustainable Development of the Economy and Greenhouse Gas Emissions.pdf.txtExtracted texttext/plain43271https://dspace7-cuc.metabuscador.org/bitstreams/19d2e8d5-5181-41b3-9bbc-b50ac3b53883/downloadbffb8e774730290c09e647b774e53aadMD53THUMBNAILThe Impact of Renewable Energy Sources on the Sustainable Development of the Economy and Greenhouse Gas Emissions.pdf.jpgThe Impact of Renewable Energy Sources on the Sustainable Development of the Economy and Greenhouse Gas Emissions.pdf.jpgGenerated Thumbnailimage/jpeg15720https://dspace7-cuc.metabuscador.org/bitstreams/0a656077-99b9-4412-b3b1-bf019daee5b6/download786af165d4d640c5d331a6577ca0427eMD5411323/10409oai:dspace7-cuc.metabuscador.org:11323/104092024-09-10 14:36:39.495https://creativecommons.org/licenses/by/4.0/© 2023 by the authors. Licensee MDPI, Basel, Switzerland.open.accesshttps://dspace7-cuc.metabuscador.orgRepositorio de la Universidad de la Costa CUCrepdigital@cuc.edu.co

Publicaciones similares