We found a match
Your institution may have access to this item. Find your institution then sign in to continue.
- Title
SUSTAINABLE DEVELOPMENT FACETS: ROLE OF RENEWABLE ENERGY PRODUCTION, CONSUMPTION AND RESEARCH AND DEVELOPMENT EXPENDITURE.
- Authors
Mekhum, Witthaya
- Abstract
With the increasing importance of innovative technologies, the significance of aspects such as renewable energy production and consumption and R&D expenditures cannot be ignored. The economy of the country as well as of other industrial sectors may be enhanced by the use these aspects in one way or the other. In this study, the author is supposed to find out the impact of the above mentioned three aspects on sustainable development in a country. The collected data for this purpose is based on Asian countries and covers the time period of 28 years. The tests that have been used by the author in order to scrutinize the collected data include LLC unit root test, different diagnostic checks and most importantly PCSE and GMM tests. By using these tests, after the exploration of order of integration, the relationships between different variables was investigated. The results of these tests indicate that the impact of renewable energy production and consumption as well as R&D expenditure is significant in context of sustainable development. Apart from these variables, the impact of one control variable, economic growth has been found to be significant. This study has many theoretical, practical and policy making implications. Moreover, several limitations have also been discussed by the author.
- Subjects
ASIA; SUSTAINABLE development; RESEARCH &; development; ECONOMIC development; ENERGY consumption; TIME measurements
- Publication
Journal of Security & Sustainability Issues, 2020, Vol 9, Issue J, p252
- ISSN
2029-7017
- Publication type
Article
- DOI
10.9770/jssi.2020.9.J(19)