RETRACTED: The asymmetric effects of renewable energy consumption and trade openness on carbon emissions in Sweden: new evidence from quantile-on-quantile regression approach (Retracted Article)

被引:196
作者
Adebayo, Tomiwa Sunday [1 ]
Rjoub, Husam [2 ]
Akinsola, Gbenga Daniel [3 ]
Oladipupo, Seun Damola [4 ]
机构
[1] Cyprus Int Univ, Fac Econ & Adm Sci, Dept Business Adm, Mersin 10, TR-99040 Nicosia, Turkey
[2] Cyprus Int Univ, Fac Econ & Adm Sci, Dept Accounting & Finance, Mersin 10, TR-99040 Haspolat, Turkey
[3] Girne Amer Univ, Fac Econ & Adm Sci, Dept Business Management, Mersin 10, Karaman, North Cyprus, Turkey
[4] Olabisi Onabanjo Univ, Fac Sci, Dept Earth Sci, Ago Iwoye, Ogun State, Nigeria
关键词
CO2; emissions; Economic growth; Trade openness; Renewable energy consumption; Quantile-on-quantile regression; Sweden; CO2; EMISSIONS; ECONOMIC-GROWTH; NEXUS;
D O I
10.1007/s11356-021-15706-4
中图分类号
X [环境科学、安全科学];
学科分类号
08 ; 0830 ;
摘要
With the passage of time, the continued burning of fossil fuels is proving to be one of the world's most serious issues. In response, the current research aims to assess the critical linkage between carbon emissions and renewable energy, trade openness, and economic growth in Sweden utilizing a dataset from 1965 to 2019. The study applied the novel quantile-on-quantile regression (QQ) approach to assess this relationship. The main objectives are to address the following questions: (i) What are the effects of trade openness on CO2 emissions in each quantile? (ii) Does renewable energy consumption mitigates CO2 emissions in each quantile? What is the impact of economic growth on CO2 emissions in each quantile? The outcomes from the QQ approach revealed that at low and medium quantiles (0.1-0.6), the effect of trade openness on CO2 emissions is negative. Furthermore, at lower and higher quantiles (0.1-0.90) of combination of renewable energy consumption and CO2 emissions, the effect of renewable energy consumption on CO2 emissions is negative. Finally, at majority of the quantiles, the effect of economic growth on CO2 emissions is negative. Moreover, the present study applied the quantile regression (QR) approach as a robustness check. The findings of the QR validate the findings of the QQR approach. The study proposes that policy-makers in Sweden should place greater emphasis on raising public awareness regarding the issues of renewable energy since it mitigates environmental degradation.
引用
收藏
页码:1875 / 1886
页数:12
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