Catalyzing renewable energy deployment in the Mercosur economies: A synthesis of human capital, technological innovation and green finance
The result's identifiers
Result code in IS VaVaI
<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F70883521%3A28120%2F24%3A63577918" target="_blank" >RIV/70883521:28120/24:63577918 - isvavai.cz</a>
Result on the web
<a href="https://www.sciencedirect.com/science/article/pii/S2211467X24000956?via%3Dihub" target="_blank" >https://www.sciencedirect.com/science/article/pii/S2211467X24000956?via%3Dihub</a>
DOI - Digital Object Identifier
<a href="http://dx.doi.org/10.1016/j.esr.2024.101388" target="_blank" >10.1016/j.esr.2024.101388</a>
Alternative languages
Result language
angličtina
Original language name
Catalyzing renewable energy deployment in the Mercosur economies: A synthesis of human capital, technological innovation and green finance
Original language description
It has become a global agenda for the transition toward sustainable energy systems; the Mercosur region faces unique opportunities and challenges in harnessing the potential of renewable resources. Against this backdrop, this study thoroughly investigates the determinants of renewable energy consumption (REC) for Mercosur nations. The research examined the influence of economic expansion, green finance, technological innovation, human capital, government effectiveness, and urbanization on the integration and transition of REC. Incorporating a comprehensive approach, the study integrated the CS-ARDL econometric model and panel data for over three decades (1990–2021). The analysis revealed that economic expansion, green finance, technological innovation, human capital and government effectiveness are advantageous and essential for advancing REC deployment in the Mercosur nations. In addition, the outcome espoused that urbanization is detrimental to the progress of REC. Moreover, there is a one-way causality between economic expansion, green finance, technological innovation and green finance to REC. Still, there is a bi-directional link between human capital, urbanization, and renewable energy consumption. The outcome of this paper contributes to the ongoing discussion on sustainable development, providing essential insight for stakeholders, policy-makers and researchers seeking toinvestigate the complexities of transitioning towards a more resilient and greener energy landscape.
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
50204 - Business and management
Result continuities
Project
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Continuities
V - Vyzkumna aktivita podporovana z jinych verejnych zdroju
Others
Publication year
2024
Confidentiality
S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů
Data specific for result type
Name of the periodical
Energy Strategy Reviews
ISSN
2211-467X
e-ISSN
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Volume of the periodical
53
Issue of the periodical within the volume
neuvedeno
Country of publishing house
NL - THE KINGDOM OF THE NETHERLANDS
Number of pages
14
Pages from-to
1-14
UT code for WoS article
001232058800001
EID of the result in the Scopus database
2-s2.0-85190719343