How are energy transition and energy-related R&amp;D investments effective in enabling decarbonization? Evidence from Nordic Countries by novel WLMC model

Kartal, Mustafa Tevfik; Shahbaz, Muhammad; Taşkın, Dilvin; Kılıç Depren, Serpil; Ayhan, Fatih

doi:10.1016/j.jenvman.2024.121664

Journal of Environmental Management

2024

DOI: 10.1016/j.jenvman.2024.121664

|View full text |Cite

How are energy transition and energy-related R&D investments effective in enabling decarbonization? Evidence from Nordic Countries by novel WLMC model

Mustafa Tevfik Kartal,

Muhammad Shahbaz,

Dilvin Taşkın

et al.

Help me understand this report

Search citation statements

Order By: Relevance

Paper Sections

Select...

Citation Types

Supporting

Mentioning

Contrasting

Year Published

2024

2025

Publication Types

Select...

Article5

Relationship

Self Cite0

Independent5

Authors

Journals

Cited by 10 publications

References 65 publications

Supporting

Mentioning

Contrasting

Order By: Relevance

Time‐Quantile and Frequency Response of Green Growth to Energy Vulnerability, Energy Uncertainty, and Geopolitical Risks

Uche

2024

Global Challenges

View full text Add to dashboard Cite

The study explains the time‐quantile‐frequency adjustments of green growth to energy vulnerability, energy uncertainties, and geopolitical risks (GPR) in the United States (US). Novel insights with notable policy implications emerged following the empirical analysis of monthly data spanning 2000 m1–2022 m12. The study implemented the Wavelet Quantile Correlation (WQC), Wavelet Quantile Granger Causality, and the Rolling Windows Wavelet Quantile Granger Causality to understand the dynamics among the variables. Evidence from WQC divulged time‐specific positive and negative interactions between green growth and its determinants. Specifically, energy vulnerability dampened green growth more profoundly in the immediate and medium terms. However, in the long term, green growth prospers amidst energy vulnerability. This outcome reflects some policy effectiveness that reduced the negative effects of energy vulnerability for green growth. The effects of energy uncertainties are similar to that of energy vulnerability, with more profound damaging effects in the lower medium horizon of the distributions. GPR dampened green growth in the short run and enhanced it in the medium term, but it reduced green growth more profoundly in the long run. The pleasant effects of energy efficiency and digitalization are observed mostly in the long run, with notable green growth‐reducing effects mainly in the short run.

show abstract

Time‐Quantile and Frequency Response of Green Growth to Energy Vulnerability, Energy Uncertainty, and Geopolitical Risks

Uche

2024

Global Challenges

View full text Add to dashboard Cite

show abstract

Dynamic interactions between GDP, renewable energy, innovation, and CO2 emissions in Finland: a fourier-augmented ARDL analysis

Georgescu,

Kinnunen

2024

Lett Spat Resour Sci

View full text Add to dashboard Cite

This study uses the novel Fourier-augmented ARDL (FARDL) to explore the impact of renewable energy (REN), the number of patent applications (PA) and GDP per capita on CO2 emissions in Finland during 1990–2022. The findings reveal that in the long run, GDP rises CO2 emissions, while REN and PA decrease CO2 emissions. The FARDL short-run results indicate that both REN and PA have a significant negative impact on CO2 emissions, suggesting that higher adoption of renewable energy and technological innovation contribute to emission reductions. However, GDP does not show a significant effect in the short run, which may indicate a decoupling of economic growth from environmental degradation in the short term. Furthermore, the study highlights the need for policies that promote technological innovation and increased investment in renewable energy to achieve sustainable carbon reduction in the long term.

show abstract

Public energy R&D spending and green energy for sustainable development: COP28 perspective of G7 economies

Khan,

Chatti,

Zhu

2024

Energy

View full text Add to dashboard Cite

scite is a Brooklyn-based organization that helps researchers better discover and understand research articles through Smart Citations–citations that display the context of the citation and describe whether the article provides supporting or contrasting evidence. scite is used by students and researchers from around the world and is funded in part by the National Science Foundation and the National Institute on Drug Abuse of the National Institutes of Health.

Contact Info

customersupport@researchsolutions.com

10624 S. Eastern Ave., Ste. A-614

Henderson, NV 89052, USA

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Blog Terms and Conditions API Terms Privacy Policy Contact Cookie Preferences Do Not Sell or Share My Personal Information

Made with 💙 for researchers

Part of the Research Solutions Family.

How are energy transition and energy-related R&D investments effective in enabling decarbonization? Evidence from Nordic Countries by novel WLMC model

Cited by 10 publications

References 65 publications

Time‐Quantile and Frequency Response of Green Growth to Energy Vulnerability, Energy Uncertainty, and Geopolitical Risks

Time‐Quantile and Frequency Response of Green Growth to Energy Vulnerability, Energy Uncertainty, and Geopolitical Risks

Dynamic interactions between GDP, renewable energy, innovation, and CO2 emissions in Finland: a fourier-augmented ARDL analysis

Public energy R&D spending and green energy for sustainable development: COP28 perspective of G7 economies

Contact Info

Product

Resources

About