Recent advances in energy usage and environmental degradation: Does quality institutions matter? A worldwide evidence

Khan, Hayat; Weili, Liu; Khan, Itbar; Oanh, Le Thi Kim

doi:10.1016/j.egyr.2021.01.085

Cited by 79 publications

(30 citation statements)

References 52 publications

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“…There are multiple reasons why these factors can impact energy generation and consumption in a region. For instance, Khan et al [13] suggested that institutional quality could promote renewable energy sources and help reduce pollution. Therefore, institutional quality is an important variable to consider.…”

Section: Methodsmentioning

confidence: 99%

“…The authors mentioned that transition management could help improve the governance network in a country that, in turn, results in a better energy transition. Khan et al [13] mentioned that institutional quality could promote renewables and help to reduce emissions in a region. Technological advancements can also help to make it easier to use renewable energy sources, while funding renewable energy can boost this market.…”

Section: Literature Reviewmentioning

confidence: 99%

“…While many recent studies analyze different aspects of the energy policy framework in the South Asian region [10][11][12], the relationship between governance indicators and renewable and nonrenewable energy is somewhat ignored in the context of South Asia. Recent literature has highlighted the role of governance indicators in determining energy consumption [13][14][15][16][17][18]. A lot of the literature is available on developed economies, and there is a considerable gap in the literature when it comes to the South Asian region.…”

Section: Introductionmentioning

confidence: 99%

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Rule of Law, Corruption Control, Governance, and Economic Growth in Managing Renewable and Nonrenewable Energy Consumption in South Asia

Mahmood

Tanveer

Furqan

2021

IJERPH

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Strong governance is vital for developing environmental policies to promote renewable energy consumption and discourage nonrenewable energy sources. The present research explores the effect of economic growth and different governance indicators on renewable and nonrenewable energy consumption in Pakistan, India, Bangladesh, and Sri Lanka using data from 1996 to 2019. For this purpose, the study uses different econometric techniques to find the long-term effects of the rule of law, regulatory quality, corruption control, government effectiveness, political stability, voice and accountability, and economic growth on oil, natural gas, coal, hydroelectricity, and renewable energy consumption. The results show that economic growth has a positive impact on all investigated renewable and nonrenewable energy sources. Additionally, regulatory quality measures also increase all types of renewable and nonrenewable energy consumption. Except for natural gas, the impact of the rule of law is negative, and government effectiveness positively affects all energy sources. Control of corruption has a positive effect on natural gas consumption. Political stability has a negative effect on nonrenewable energy sources and a positive impact on renewable energy sources. The magnitudes of the effects of economic growth and most governance indicators are found to be larger on nonrenewable sources than renewable sources. The testing of the energy consumption and governance nexus is scant in global literature and is missing in South Asian literature. Hence, the study results contribute to how South Asian economies can be more sustainable in energy use by enhancing governance indicators in the economies. Particularly, the results imply that these countries should focus on improving the rule of law, corruption control, governance, regulatory quality, political stability, and economic growth to help maintain a sustainable balance of renewable and nonrenewable energy sources. Moreover, this issue needs further attention in developing countries, as governance indicators would play an effective role in promoting sustainable energy.

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Section: Methodsmentioning

confidence: 99%

Section: Literature Reviewmentioning

confidence: 99%

Section: Introductionmentioning

confidence: 99%

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Rule of Law, Corruption Control, Governance, and Economic Growth in Managing Renewable and Nonrenewable Energy Consumption in South Asia

Mahmood

Tanveer

Furqan

2021

IJERPH

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“…ey employed the panel model and found that capital and labor were positively correlated in long run with nonrenewable energy; however, the impact of renewable energy on carbon emissions was insignificant. Similarly, Khan et al [48] studied the relationship between environmental factors in the global panel by considering the technological progress and institutional quality in the association. ey used static and dynamic GMM to discover the positive impact of technology progress, financial development, and the use of nonrenewable energy on carbon emissions, while the negative impact of renewable energy and FDI on carbon emissions.…”

Section: Literature Reviewmentioning

confidence: 99%

Analyzing Renewable and Nonrenewable Energy Sources for Environmental Quality: Dynamic Investigation in Developing Countries

Khan

et al. 2021

Mathematical Problems in Engineering

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Most of developing countries are facing environmental degradation challenges as these countries use energy from fossil fuels to enhance economic activities and that leads to environmental degradation. The use of renewable energy is required to mitigate environmental degradation; however, developing countries may not yet have reached the desired level to acquire renewable energy. It is important for developing countries to make polices to shift from nonrenewable energy to renewable energy use to protect environmental quality. In this regard, the importance of different energy sources and financial development in enhancing environmental quality in 21 developing countries is examined from 1970 to 2018. The study employed dynamic estimator, and the results indicate that the sources of renewable energy enhance environmental quality as compared to nonrenewable energy and its sources. Financial development also lowers environmental quality in our results. The study recommends reducing carbon emissions by reducing the use of fossil fuel energy and acquiring new technologies, attracting foreign investors in clean energy that provide clean technologies for green production, and investing in renewable energy sources to evade nonrenewable energy. Policy makers should adopt environmentally-friendly strategies and equipment to protect environmental quality, while striving for achieving economic growth.

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“…There is an extensive body of literature that investigated the carbon emission-economic growth link (Boleti et al, 2021 ; Adedoyin et al, 2021 ; Khan et al, 2021 ; Can and Gozgor, 2017 ; Satrovic and Dağ, 2019 ; Doğan et al, 2019 ; Tariq et al, 2017 ; Alola, 2019 ; Anser et al, 2021a ; Mehmood, 2021 ; Khan and Hou, 2021 ; Adedoyin et al, 2020 ; Muslija et al, 2020 ; Murshed et al, 2020 ; Ahmad et al, 2021 ; Chandio et al, 2020 ; Bese et al, 2020 ; Verbič et al, 2021 ; Satrovic and Muslija, 2019 ; Mujtaba and Jena, 2021 ; Adebayo, 2020 ). The environmental Kuznets curve (EKC) hypothesis was developed by Grossman and Krueger ( 1991 , 1995 ) to emphasise this nexus.…”

Section: Introductionmentioning

confidence: 99%

The anthropogenic consequences of energy consumption in the presence of uncertainties and complexities: evidence from World Bank income clusters

Adedoyin

Šatrović

Kehinde

2021

Environ Sci Pollut Res

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In environmental management, many studies have examined the energy consumption-emission nexus in detail. However, for the first time in the literature, this study considers how the Economic Complexity Index (ECI) and economic policy uncertainty (EPU) moderate the contribution of energy consumption to emissions for the four World Bank Income clusters. The system generalised methods of moments are applied to data for 109 countries from 1996 to 2016. Based on the main model (grouped clusters) estimations, the result revealed the existence of the environmental Kuznets curve (EKC) hypothesis. Also, an increase in air transport and consumption of energy releases more carbon emissions to the climate. Interestingly, ECI decreases carbon emission significantly while EPU does not have a significant impact. Moreover, the study revealed that ECI moderated the impact of other variables on emission, but EPU is not a significant moderator. Furthermore, a comparative analysis among the four incomes suggests that the EKC hypothesis holds only in the high-income clusters; ECI is a significant predictor of carbon emission in the four clusters, but it only decreases the emission in high-income clusters. This corroborates the debate on climate change and the productive capacity of high-income countries. Given the foregoing, several policy measures were recommended.

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Recent advances in energy usage and environmental degradation: Does quality institutions matter? A worldwide evidence

Cited by 79 publications

References 52 publications

Rule of Law, Corruption Control, Governance, and Economic Growth in Managing Renewable and Nonrenewable Energy Consumption in South Asia

Rule of Law, Corruption Control, Governance, and Economic Growth in Managing Renewable and Nonrenewable Energy Consumption in South Asia

Analyzing Renewable and Nonrenewable Energy Sources for Environmental Quality: Dynamic Investigation in Developing Countries

The anthropogenic consequences of energy consumption in the presence of uncertainties and complexities: evidence from World Bank income clusters

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