The influence of income, economic policy uncertainty, geopolitical risk, and urbanization on renewable energy investments in G7 countries

Basit Öğe Kaydı
dc.authoridErdogan, Sinan/0000-0003-3491-8234
dc.authoridKartal, Mustafa Tevfik/0000-0001-8038-8241
dc.contributor.authorPata, Ugur Korkut
dc.contributor.authorAlola, Andrew Adewale
dc.contributor.authorErdogan, Sinan
dc.contributor.authorKartal, Mustafa Tevfik
dc.date.accessioned2024-09-18T20:55:44Z
dc.date.available2024-09-18T20:55:44Z
dc.date.issued2023
dc.departmentHatay Mustafa Kemal Üniversitesien_US
dc.description.abstractRenewable energy infrastructure development is seen as critical to solving environmental issues. Nevertheless, researchers have not adequately paid attention to how the socioeconomic and geopolitical environment affects renewable energy investments (REINV), which are important for promoting clean energy. In line with this gap, this research aims to analyze the role of economic policy uncertainty (EPU) and geopolitical risk (GPR), as well as controlling economic growth (GDP) and urbanization (URB) in G7 countries by considering their leading role in both economic and political areas. To this end, the study applies the augmented mean group (AMG) approach by constructing three different models for the period 2004-2018. The panel data results reveal that (i) GDP has a significantly increasing effect on REINV; (ii) EPU, GPR, and URB have a decreasing effect on REINV; (iii) the effect of EPU is much stronger than that of GPR; (iv) institutional structure, represented by government efficiency and regulatory quality, has no effect on REINV. Based on the results, the study points out that G7 countries need to promote transmission mechanisms that encourage REINV and take steps to minimize the negative effect of EPU and GPR on clean energy investments.en_US
dc.identifier.doi10.1016/j.eneco.2023.107172
dc.identifier.issn0140-9883
dc.identifier.issn1873-6181
dc.identifier.scopus2-s2.0-85176246929en_US
dc.identifier.scopusqualityQ1en_US
dc.identifier.urihttps://doi.org/10.1016/j.eneco.2023.107172
dc.identifier.urihttps://hdl.handle.net/20.500.12483/12021
dc.identifier.volume128en_US
dc.identifier.wosWOS:001112586800001en_US
dc.identifier.wosqualityQ1en_US
dc.indekslendigikaynakWeb of Scienceen_US
dc.indekslendigikaynakScopusen_US
dc.language.isoenen_US
dc.publisherElsevieren_US
dc.relation.ispartofEnergy Economicsen_US
dc.relation.publicationcategoryMakale - Uluslararası Hakemli Dergi - Kurum Öğretim Elemanıen_US
dc.rightsinfo:eu-repo/semantics/openAccessen_US
dc.subjectRenewable energy investmentsen_US
dc.subjectEconomic policy uncertaintyen_US
dc.subjectGeopolitical risken_US
dc.subjectG7 countriesen_US
dc.subjectAMGen_US
dc.titleThe influence of income, economic policy uncertainty, geopolitical risk, and urbanization on renewable energy investments in G7 countriesen_US
dc.typeArticleen_US

Dosyalar

Orijinal paket
Listeleniyor 1 - 1 / 1
Küçük Resim
İsim:
Tam Metin / Full Text
Boyut:
1.09 MB
Biçim:
Adobe Portable Document Format
İndir

Koleksiyon

WoS İndeksli Yayınlar Koleksiyonu
Scopus İndeksli Yayınlar Koleksiyonu