Renewable energy and ecological footprint nexus: Evidence from dynamic panel threshold technique.
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ABSTRACT: The escalating phenomenon of environmental degradation is an urgent global concern, imperiling ecosystems and hindering the prospects for sustainable development on a planetary scale. Therefore, this study aims to explore the intricate interplay between renewable energy (RE) and ecological footprint (EF), considering the conditional impact of fiscal capacity (FIC), human development (HDI), institutional quality (IQI), and population density (PDN). Drawing on panel data encompassing 74 developing countries from 2000 to 2022, the study employs a dynamic panel threshold regression method, both with and without an instrumental variable approach. The findings unveil a non-linear nexus between RE and EF, revealing significant threshold values for FIC (1.870), HDI (0.736), and IQI (0.311), above
SUBMITTER: Azimi MN
PROVIDER: S-EPMC11255664 | biostudies-literature | 2024 Jul
REPOSITORIES: biostudies-literature
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