How renewable energy and service growth influence environmental quality: Evidence from a sustainable development perspective
The result's identifiers
Result code in IS VaVaI
<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F60460709%3A41110%2F23%3A94552" target="_blank" >RIV/60460709:41110/23:94552 - isvavai.cz</a>
Result on the web
<a href="https://onlinelibrary.wiley.com/doi/abs/10.1111/1477-8947.12280" target="_blank" >https://onlinelibrary.wiley.com/doi/abs/10.1111/1477-8947.12280</a>
DOI - Digital Object Identifier
<a href="http://dx.doi.org/10.1111/1477-8947.12280" target="_blank" >10.1111/1477-8947.12280</a>
Alternative languages
Result language
angličtina
Original language name
How renewable energy and service growth influence environmental quality: Evidence from a sustainable development perspective
Original language description
The present study inspects the relationships between the carbon dioxide emissions, real GDP, renewable and non renewable energy consumption, as well as the service growth for top ten countries in service activities. The empirical modeling used in the study involves the procedures of cointegration and tests of Granger causality to inspect the dynamic interaction between the variables during the period from 1980 to 2018. The results of the present study suggest that the variables are cross sectionally dependent. In addition, the variables appear to be cointegrated based on several tests. The long run outcomes revealed an inversed U shaped form between emissions GDP proving the validity of the environmental Kuznets curve assumption. The fully modified ordinary least squares and dynamic OLS estimates show that the non renewable energy and economic growth contribute to the increase of CO2 emissions, while service value added leads to decrease emissions. Furthermore, the renewable energy coefficient comes through as negative but insignificant for the selected panel. The TTC in service should stimulate the usage of renewable energy in various service events for following the path of sustainable development. Devising the investment plans associated with the use of renewable energies is quite essential for the advancement of the service sector leading to mitigating emissions portion.
Czech name
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Czech description
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Classification
Type
J<sub>imp</sub> - 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
Result continuities
Project
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Continuities
S - Specificky vyzkum na vysokych skolach
Others
Publication year
2023
Confidentiality
S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů
Data specific for result type
Name of the periodical
NATURAL RESOURCES FORUM
ISSN
0165-0203
e-ISSN
0165-0203
Volume of the periodical
3
Issue of the periodical within the volume
1
Country of publishing house
CZ - CZECH REPUBLIC
Number of pages
19
Pages from-to
1-19
UT code for WoS article
000964215200001
EID of the result in the Scopus database
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