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Unraveling the interplay between globalization, financial development, economic growth, greenhouse gases, human capital, and renewable energy uptake in Indonesia: multiple econometric approaches.
Raihan, Asif; Voumik, Liton Chandra; Rahman, Md Hasanur; Esquivias, Miguel Angel.
Afiliación
  • Raihan A; Institute of Climate Change, Universiti Kebangsaan Malaysia, 43600, Bangi, Selangor, Malaysia.
  • Voumik LC; Department of Economics, Noakhali Science and Technology University, Noakhali, 3814, Bangladesh.
  • Rahman MH; Department of Economics, Sheikh Fazilatunnesa Mujib University, Jamalpur, 2000, Bangladesh.
  • Esquivias MA; Department of Economics, Comilla University, 3506, Cumilla, Bangladesh.
Environ Sci Pollut Res Int ; 30(56): 119117-119133, 2023 Dec.
Article en En | MEDLINE | ID: mdl-37919497
Addressing global environmental concerns requires the widespread adoption of renewable energy sources. More research is needed to examine the relationships between renewable energy (RE) and globalization, economic growth, and environmental quality in Indonesia. Therefore, we examined how renewable energy usage in Indonesia has changed due to the dynamic effects of globalization, financial development, and environmental quality. Time-series data were analyzed using an autoregressive distributed lag (ARDL) model to test for cointegration and long-run/short-run dynamics between 1990 and 2020. In addition to ARDL bounds testing, we used the Johansen and Engle-Granger cointegration methods for confirmation. Globalization, financial progress, human capital, greenhouse gas emissions, and economic expansion have favorable long- and short-term effects on renewable energy sources. Globalization has enabled Indonesia to expand trade, FDI, and financial investment. It has also increased energy-efficient technology use due to environmental policies. The computed results are robust enough to substitute estimators, such as dynamic ordinary least squares (DOLS), fully modified least squares (FMOLS), and canonical cointegrating regression (CCR). We recommend the implementation of policies that support financial and environmental development by utilizing renewable resources and increasing investments in renewable energy ventures.
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Texto completo: 1 Colección: 01-internacional Base de datos: MEDLINE Asunto principal: Desarrollo Económico / Gases de Efecto Invernadero Límite: Humans País/Región como asunto: Asia Idioma: En Revista: Environ Sci Pollut Res Int Asunto de la revista: SAUDE AMBIENTAL / TOXICOLOGIA Año: 2023 Tipo del documento: Article País de afiliación: Malasia Pais de publicación: Alemania
Texto completo
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Texto completo: 1 Colección: 01-internacional Base de datos: MEDLINE Asunto principal: Desarrollo Económico / Gases de Efecto Invernadero Límite: Humans País/Región como asunto: Asia Idioma: En Revista: Environ Sci Pollut Res Int Asunto de la revista: SAUDE AMBIENTAL / TOXICOLOGIA Año: 2023 Tipo del documento: Article País de afiliación: Malasia Pais de publicación: Alemania