Does green environmental policy promote renewable energy consumption in BRICST? Fresh insights from panel quantile regression

dc.authoridOzturk, Ilknur/0000-0002-2079-0383
dc.authoridSohail, Sidra/0009-0006-1218-0100
dc.authoridHafeez, Muhammad/0000-0001-7231-5413
dc.contributor.authorLi, Xiaolong
dc.contributor.authorOzturk, Ilknur
dc.contributor.authorSyed, Qasim Raza
dc.contributor.authorHafeez, Muhammad
dc.contributor.authorSohail, Sidra
dc.date.accessioned2025-03-07T20:19:26Z
dc.date.available2025-03-07T20:19:26Z
dc.date.issued2022
dc.departmentÇağ Üniversitesi
dc.description.abstractUnderstanding the aspects of renewable energy consumption is important because it contains low-carbon emissions, which could significantly reduce global greenhouse gas emissions. Little research is done on exploring the factors of renewable energy consumption. The primary objective of this study is to examine the impact of the green environmental policy on renewable energy consumption in the BRICST economies over data ranging from 1991 and 2019 by using panel quantile regression. The fixed-effects and quantile regressions confirm the positive effects of economic growth and non-renewable energy on renewable energy consumption. In contrast, the consumer price index and CO2 hurt the renewable energy consumption in the BRICST economies. The estimate of the environmental policy stringency appears to be negative and insignificant in the fixed-effects model. On the other side, the estimates of the environmental stringency index appear to be positively significant from the 10th-40th quantiles and negatively significant from 50th-90th quantiles. Robust policy implications of our outcomes are also discussed.
dc.identifier.doi10.1080/1331677X.2022.2038228
dc.identifier.endpage5823
dc.identifier.issn1331-677X
dc.identifier.issn1848-9664
dc.identifier.issue1
dc.identifier.scopus2-s2.0-85125385677
dc.identifier.scopusqualityQ1
dc.identifier.startpage5807
dc.identifier.urihttps://doi.org/10.1080/1331677X.2022.2038228
dc.identifier.urihttps://hdl.handle.net/20.500.12507/3183
dc.identifier.volume35
dc.identifier.wosWOS:000758608900001
dc.identifier.wosqualityN/A
dc.indekslendigikaynakWeb of Science
dc.indekslendigikaynakScopus
dc.language.isoen
dc.publisherRoutledge Journals, Taylor & Francis Ltd
dc.relation.ispartofEconomic Research-Ekonomska Istrazivanja
dc.relation.publicationcategoryMakale - Uluslararası Hakemli Dergi - Kurum Öğretim Elemanı
dc.rightsinfo:eu-repo/semantics/openAccess
dc.snmzKA_WoS_20241226
dc.subjectEnvironmental stringency policies
dc.subjectrenewable energy consumption
dc.subjectBRICST
dc.titleDoes green environmental policy promote renewable energy consumption in BRICST? Fresh insights from panel quantile regression
dc.typeArticle

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