Renewable energy, trade diversification and environmental footprints: Evidence for Asia-Pacific Economic Cooperation (APEC)

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dc.contributor.authorJiang, Shaohua
dc.contributor.authorMentel, Grzegorz
dc.contributor.authorShahzadi, Irum [UNESP]
dc.contributor.authorBen Jebli, Mehdi
dc.contributor.authorIqbal, Najaf
dc.contributor.institutionAnhui University of Finance and Economics
dc.contributor.institutionRzeszow University of Technology
dc.contributor.institutionUniversidade Estadual Paulista (UNESP)
dc.contributor.institutionESCT
dc.date.accessioned2022-04-28T19:50:42Z
dc.date.available2022-04-28T19:50:42Z
dc.date.issued2022-03-01
dc.description.abstractThe prime objective of this research is to explore the impacts of import and export diversification and renewable energy on environmental footprints. In doing so, the authors employ the data of trade diversification, income inequality, renewable energy, and ecological footprints for 17 Asia-Pacific Economic Cooperation (APEC) countries covering the period of 1995–2019. In econometric framework, the authors use two baseline empirical models based on key indicators such as trade (exports and imports) diversification index, income inequality, renewable energy, and globalization. The empirical analysis from both specifications suggests a cointegrating relation between the key variables of interest. The Long-run empirical estimates from FMOLS, and DOLS methods indicate that income inequality and import diversification increase ecological issues while globalization and exports diversification abate it. Further analysis through Granger causality highlights unilateral causal relationships running from renewable energy consumption to imports diversification, and from ecological footprint to imports diversification. The conclusions of this study stress the importance of harmonic policies, synchronization in trade, energy and resource consumption in achieving sustainable development goals.en
dc.description.affiliationSchool of Finance Anhui University of Finance and Economics
dc.description.affiliationFaculty of Management Department of Quantitative Methods Rzeszow University of Technology
dc.description.affiliationDepartment of Production Engineering São Paulo State University (UNESP)
dc.description.affiliationFSJEG Jendouba University of Jendouba Tunisia & QUARG UR17ES26 ESCT, Campus University of Manouba
dc.description.affiliationUnespDepartment of Production Engineering São Paulo State University (UNESP)
dc.format.extent874-886
dc.identifierhttp://dx.doi.org/10.1016/j.renene.2021.12.134
dc.identifier.citationRenewable Energy, v. 187, p. 874-886.
dc.identifier.doi10.1016/j.renene.2021.12.134
dc.identifier.issn1879-0682
dc.identifier.issn0960-1481
dc.identifier.scopus2-s2.0-85124325764
dc.identifier.urihttp://hdl.handle.net/11449/223439
dc.language.isoeng
dc.relation.ispartofRenewable Energy
dc.sourceScopus
dc.subjectAPEC countries
dc.subjectEnvironmental footprints
dc.subjectIncome quality
dc.subjectProduct diversification
dc.subjectRenewable energy
dc.subjectSustainable development
dc.titleRenewable energy, trade diversification and environmental footprints: Evidence for Asia-Pacific Economic Cooperation (APEC)en
dc.typeArtigo
unesp.author.orcid0000-0003-3293-3123[1]
unesp.author.orcid0000-0002-6371-1219[2]
unesp.author.orcid0000-0001-6248-7094[4]
unesp.author.orcid0000-0001-6398-9918[5]

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