Political stability in Europe: the effect of energy uncertainty

Result code in IS VaVaI

<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F60076658%3A12510%2F25%3A43909834" target="_blank" >RIV/60076658:12510/25:43909834 - isvavai.cz</a>

Result on the web

<a href="https://link.springer.com/article/10.1007/s40888-025-00362-5" target="_blank" >https://link.springer.com/article/10.1007/s40888-025-00362-5</a>

DOI - Digital Object Identifier

<a href="http://dx.doi.org/10.1007/s40888-025-00362-5" target="_blank" >10.1007/s40888-025-00362-5</a>

Result language

angličtina

Original language name

Political stability in Europe: the effect of energy uncertainty

Original language description

This paper analyses for the first time the impact of energy uncertainty on political stability in Europe over the period 2002–2022, using the Energy-Related Uncertainty Indexes (EUI) developed by Dang et al. (Dang et al., Energy Economics 124, 2023). To this end, Method of Moments of Quantile Regression (MMQR) and Partially linear functional-coefficient panel (PLFC) model are employed to examine linear and non-linear associations. MMQR results reveal that energy uncertainty has a negative effect on political stability across all the quantiles from 10 to 90%. Moreover, the curve of PLFC model estimation also represents that energy uncertainty causes a fall in political stability in Europe. As control variables, economic development, trade openness, and load capacity factor contribute to political stability whereas the refugee population curbs political stability in Europe. As a policy implication, renewable energy transition is helpful to cope with the adverse effect of energy uncertainty on political stability. Furthermore, achieving high economic development is also pivotal especially to invest in renewable energy projects dedicated to reducing the side effects of energy uncertainty on political stability in Europe.

Czech name

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Czech description

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Type

J_imp - Article in a specialist periodical, which is included in the Web of Science database

CEP classification

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OECD FORD branch

50202 - Applied Economics, Econometrics

Project

—

Continuities

I - Institucionalni podpora na dlouhodoby koncepcni rozvoj vyzkumne organizace

Publication year

2025

Confidentiality

S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů

Name of the periodical

Economia Politica

ISSN

1120-2890

e-ISSN

1973-820X

Volume of the periodical

42

Issue of the periodical within the volume

1

Country of publishing house

IT - ITALY

Number of pages

23

Pages from-to

1-23

UT code for WoS article

001435557500001

EID of the result in the Scopus database

2-s2.0-86000296640