Effect of Renewable Energy Consumption on Environmental Degradation in ASEAN Countries

被引:2
作者
Othman, Norashida [1 ]
Hewage, Rishan Sampath [2 ]
Pyeman, Jaafar [1 ]
Ismail, Farah Raihana [3 ]
机构
[1] Univ Teknol MARA UiTM, Fac Business & Management, Dept Econ & Financial Studies, Selangor, Malaysia
[2] Sabaragamuwa Univ Sri Lanka, Dept Accountancy & Finance, Fac Management Studies, Belihuloya, Sri Lanka
[3] YPC Int Coll, Fac Business, Acad Dept, Kuala Lumpur, Malaysia
来源
ENVIRONMENT-BEHAVIOUR PROCEEDINGS JOURNAL | 2023年 / 8卷 / 25期
关键词
Domestic Savings; Renewable Energy Consumption; Environmental Degradation; Pooled Mean Group; CO2; EMISSIONS; IMPACT;
D O I
10.21834/e-bpj.v8i25.4830
中图分类号
X [环境科学、安全科学];
学科分类号
08 ; 0830 ;
摘要
This study focused on estimating the long-run and short-run relationship of dross domestic savings, development of the industrial sector, and renewable energy consumption towards the environmental degradation in Association of Southeast Asian (ASEAN) countries. We conducted the Pooled Mean Group (PMG) estimation techniques developed by Pesaran et al.(1999). The results highlighted that all the variables present significant environmental degradation while using renewable energy has abolished environmental pollution in ASEAN countries. Therefore, policymakers must take action to design sustainable economic development mechanisms and convert industrial investments to environmentally friendly projects to improve green technology.
引用
收藏
页码:167 / 174
页数:8
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