Affiliation:
1. Pontificia Universidad Catolica de Valparaiso
2. Universidad Nacional de Moquegua
3. Universidad Andina del Cusco
Abstract
Abstract
This research explores the relationship among renewable energy consumption (REC), trade openness, carbon emanations, and income inequality on economic growth. This study takes fifteen (15) OECD nations data sets starting from 1997 to 2020 by employing the AMG assessor, which takes into account slope heterogeneity (SH) and CSD. The empirical outcomes confirm a significant favorable long-run relationship between these nexuses, except for carbon emanations, which are adversely related to REC. Notwithstanding, it has been discovered that there is bidirectional causality between income inequality and REC.
JEL Classification: D47
Publisher
Research Square Platform LLC