Why do some emerging economies proactively accelerate the adoption of renewable energy?

This article analyses the determinants of renewable energy consumption in a panel of six major emerging economies, namely Brazil, China, India, Indonesia, Philippines and Turkey that are proactively accelerating the adoption of renewable energy. Using Fully modified ordinary least square (FMOLS), Dy...

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Main Authors: Salim, Ruhul, Rafiq, S.
Format: Journal Article
Published: Elsevier 2011
Subjects:
Online Access:http://hdl.handle.net/20.500.11937/48387
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author Salim, Ruhul
Rafiq, S.
author_facet Salim, Ruhul
Rafiq, S.
author_sort Salim, Ruhul
building Curtin Institutional Repository
collection Online Access
description This article analyses the determinants of renewable energy consumption in a panel of six major emerging economies, namely Brazil, China, India, Indonesia, Philippines and Turkey that are proactively accelerating the adoption of renewable energy. Using Fully modified ordinary least square (FMOLS), Dynamic ordinary least square (DOLS), and Granger causality methods this paper finds that in the long-run, renewable energy consumption is significantly determined by income and pollutant emission in Brazil, China, India and Indonesia while mainly by income in Philippines and Turkey. Causal link between renewable energy and income; and between renewable energy and pollutant emission are found to be bidirectional in the short-run. These results suggest that the appropriateness of the efforts undertaken by emerging countries to reduce the carbon intensity by increasing the energy efficiency and substantially increasing the share of renewable in the overall energy mix.
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institution Curtin University Malaysia
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publishDate 2011
publisher Elsevier
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spelling curtin-20.500.11937-483872017-09-13T16:08:34Z Why do some emerging economies proactively accelerate the adoption of renewable energy? Salim, Ruhul Rafiq, S. Error correction model Energy conservation Coal consumption Cointegration China This article analyses the determinants of renewable energy consumption in a panel of six major emerging economies, namely Brazil, China, India, Indonesia, Philippines and Turkey that are proactively accelerating the adoption of renewable energy. Using Fully modified ordinary least square (FMOLS), Dynamic ordinary least square (DOLS), and Granger causality methods this paper finds that in the long-run, renewable energy consumption is significantly determined by income and pollutant emission in Brazil, China, India and Indonesia while mainly by income in Philippines and Turkey. Causal link between renewable energy and income; and between renewable energy and pollutant emission are found to be bidirectional in the short-run. These results suggest that the appropriateness of the efforts undertaken by emerging countries to reduce the carbon intensity by increasing the energy efficiency and substantially increasing the share of renewable in the overall energy mix. 2011 Journal Article http://hdl.handle.net/20.500.11937/48387 10.1016/j.eneco.2011.08.015 Elsevier restricted
spellingShingle Error correction model
Energy conservation
Coal consumption
Cointegration
China
Salim, Ruhul
Rafiq, S.
Why do some emerging economies proactively accelerate the adoption of renewable energy?
title Why do some emerging economies proactively accelerate the adoption of renewable energy?
title_full Why do some emerging economies proactively accelerate the adoption of renewable energy?
title_fullStr Why do some emerging economies proactively accelerate the adoption of renewable energy?
title_full_unstemmed Why do some emerging economies proactively accelerate the adoption of renewable energy?
title_short Why do some emerging economies proactively accelerate the adoption of renewable energy?
title_sort why do some emerging economies proactively accelerate the adoption of renewable energy?
topic Error correction model
Energy conservation
Coal consumption
Cointegration
China
url http://hdl.handle.net/20.500.11937/48387