What is the global causality between geopolitical risks, government governance, and energy transition? Empirical evidence from cross-country data.

ABSTRACT: Amid profound shifts in the global energy landscape, increasing attention is being paid to the causal relationships among geopolitical risks, government governance, and energy transition. Based on data covering 39 countries from 2002 to 2020, this study explores the long-term causal relationships between geopolitical risks, governance quality, and energy transition. The analysis applies cross-sectional dependence and slope heterogeneity tests, the CADF unit root test, second-generation cointegration methods, Pooled Mean Group (PMG) estimation, Method of Moments Quantile Regression (MMQR), and Granger causality tests. The results yield three key findings. Firstly, governance quality is negatively associated with energy transition, while geopolitical risks have a positive effect. Secondly, M

SUBMITTER: Wang H 

PROVIDER: S-EPMC12362998 | biostudies-literature | 2025 Aug

REPOSITORIES: biostudies-literature