2022
DOI: 10.1007/s11356-021-18488-x
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Renewable and non-renewable energy consumption driven sustainable development in ASEAN countries: do financial development and institutional quality matter?

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Cited by 39 publications
(21 citation statements)
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“…In a case where energy consumption is mainly sourced from fossil fuels, the consequential effects are usually inducing the stock of carbon emissions which implies the existence of positive nexus ( Ajide and Mesagan, 2022 ; Djellouli et al., 2022 ; Ibrahim and Ajide, 2021 ). Alternatively, the concentration of energy used in the renewable source serves as a hindrance to the rising carbon emissions bringing about negative connections ( Islam et al., 2022 ; Rahman et al., 2022 ).…”
Section: Theoretical Underpinning and Methodsmentioning
confidence: 99%
See 1 more Smart Citation
“…In a case where energy consumption is mainly sourced from fossil fuels, the consequential effects are usually inducing the stock of carbon emissions which implies the existence of positive nexus ( Ajide and Mesagan, 2022 ; Djellouli et al., 2022 ; Ibrahim and Ajide, 2021 ). Alternatively, the concentration of energy used in the renewable source serves as a hindrance to the rising carbon emissions bringing about negative connections ( Islam et al., 2022 ; Rahman et al., 2022 ).…”
Section: Theoretical Underpinning and Methodsmentioning
confidence: 99%
“…Additionally, the interaction of capital investment with renewable and non-renewable energy serves as a stimulus to their observable positive and negative impacts on carbon emissions. Furthermore, Islam et al. (2022) reported that while renewable energy supports and drives sustainable development, non-renewable energy hinders it.…”
Section: Literature Reviewmentioning
confidence: 99%
“…However, sector-wise deployment of the fdi has taken place in Bangladesh due to institutional authorities' lack of resources mobilization. Therefore, relevant institutions are responsible for the misuse of or unused expenses and logistics in the energy infrastructure of industrial production (Islam, Ali, et al 2022;Islam, Irfan, et al 2022). Thus, fdi inflow negatively impacts the level of energy consumption in Bangladesh.…”
Section: Discussionmentioning
confidence: 99%
“…So far, there is no unified definition of green economy, and most of the relevant definitions emphasize "jointly improving economic and environmental benefits, achieving sustainable growth through economic behaviors that are beneficial to the environment or that are not antagonistic to the environment" (Sustainable Development Strategy Study Group Chinese Academy of Sciences, 2010). The structural changes and transformation of economies (Shahzad et al, 2022), the sustainable use of material resources (Xie et al, 2022), the development of renewable energy sources and the constraints of non-renewable resources (Islam et al, 2022), and the use of wastewater treatment (Bhardwaj A. et al, 2022)will all have a significant positive impact on sustainable growth. Research group of institute of industrial economics CASS (Research group of institute of industrial economics CASS, 2011) defined the industrial green transformation as taking the intensive resources utilization and environmental friendliness as the guidance, green innovation as the core, following on the new road of industrialization, realizing the green and sustainable development in the whole process of industrial production, and achieving a win-win of economic and environmental benefits.…”
Section: Introductionmentioning
confidence: 99%