The Link between Economic Growth and Sustainable Energy in G7-Countries and E7-Countries: Evidence from a Dynamic Panel Threshold Model

نویسندگان

چکیده

The available literature on sustainable energy use and economic growth nexus yields conflicting conclusions, as the effect can be positive, negative, or insignificant. This research explores causal link between in G7-countries (Japan, Canada, Germany, Italy, France, United Kingdom, States) E7-countries (Russia, Brazil, Indonesia, China, Mexico, India, Turkey) countries from 1990 to 2019. We discover that are proportional. Our results show positively affects if exceed a specific threshold. It is detrimental for E7 countries' fall below certain of has no significant impact growth, although it does have positive noticeable G7 countries. In order see result their investment renewable energy, necessary those nations surpass threshold terms energy.

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ژورنال

عنوان ژورنال: International Journal of Energy Economics and Policy

سال: 2022

ISSN: ['2146-4553']

DOI: https://doi.org/10.32479/ijeep.13435