Abstract
AbstractEnergy consumption is defined as one of the main determinants of environmental degradation. Therefore, this issue becomes one of the main points of debate to achieve sustainable development. This research examines how a set of economic factors determine the energy consumption in Organization for Economic Cooperation and Development countries, for which second-generation econometric methods have been used that control cross-sectional dependence issues. Therefore, the results, using nonlinear methods, suggest the presence of Jevons' paradox in these countries. However, under the Jevons' paradox scenario, technological innovation becomes a factor that mitigates energy demand. Contrary to the foreign direct investment that contributes significantly to the increase in energy consumption, from the results found, some policy implications are derived in the framework of achieving sustainable development.
Publisher
Springer Science and Business Media LLC
Subject
General Energy,Geotechnical Engineering and Engineering Geology
Cited by
15 articles.
订阅此论文施引文献
订阅此论文施引文献,注册后可以免费订阅5篇论文的施引文献,订阅后可以查看论文全部施引文献