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    Correction to: Do Energy Resources matter for Growth Level? The dynamic effects of different strategies of renewable energy, carbon emissions on sustainable economic growth (Clean Technologies and Environmental Policy, (2023), 25, 3, (771-777), 10.1007/s10098-022-02432-9)
    (Springer, 2023) Jain, Vipin; Ramos-Meza, Carlos Samuel; Aslam, Ejaz; Chawla, Chanchal a; Nawab, Tabish; Shabbir, Malik Shahzad; Bansal, Ajay
    In the original publication, the affiliation information of all the authors was processed incorrectly. It is updated in this correction. The original article has been corrected.
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    Do energy resources matter for growth level? The dynamic effects of diferent strategies of renewable energy, carbon emissions on sustainable economic growth
    (Springer Science and Business Media B.V., 2023) Jain, Vipin; Ramos-Meza, Carlos Samuel; Aslam, Ejaz; Chawla, Chanchal; Nawab, Tabish; Shabbir, Malik Shahzad; Bansal, Ajay
    This study examines the association between renewable energy strategies and carbon emissions on sustainable economic growth under affordable and clean energy sources to achieve sustainable development goal seven. This research provides new insight by exploring the nexus between environmental pollution and the creation of numerous bases of renewable energies, such as hydropower, wind power, biomass, geothermal, and solar photovoltaic, and economic growth epitomizing capital, trade openness, and government spending. Moreover, this investigation uses second-generation devices for econometric investigation and a heterogeneous methodology for panel data for selected Asian countries. The empirical exploration of long-term influences drove by the Common Correlated Effects Mean Group, close by Augmented Mean Group and Mean Group assessors confirm the positive and significant influence of renewable energy like hydropower, solar photovoltaic, wind, biomass, and geothermal on the economic growth of Asian economies. Study findings provide valuable insights for all stakeholders in an integrated and coherent manner.
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    Does environmental sustainability afect the renewable energy consumption? Nexus among trade openness, CO2 emissions, income inequality, renewable energy, and economic growth in OECD countries
    (Springer Nature, 2022) Özcan, Rasim; Muhammad, Iftikhar; Jain, Vipin; Sharma, Paritosh; Shahzad Shabbir, Malik; Yönetim Bilimleri Fakültesi, İktisat Bölümü
    This study investigates the impact of carbon emissions, real oil prices, income inequality, economic growth, and trade openness on renewable energy consumption (REC) in twenty-three (23) OECD economies. The study employs the Westerlund panel cointegration technique to verify the existence of long-run equilibrium and the Augmented Mean Group (AMG) estimator to assess the long-run relationship between the variables, which allows for slope heterogeneity and cross-sectional dependency. Moreover, the panel causality test of Dumitrescu and Hurlin (DH) is utilized to gauge the causal relationship between the variables. The fndings of our study reveal that REC is positively related to economic growth, real oil prices, income inequality, and trade openness, but negatively related to CO2 emissions in OECD countries. In addition, there is one-way causality from GDP per capita to renewable energy consumption and a bidirectional causality between income inequality and REC. Furthermore, the results indicate that OECD policymakers and governments should regard foreign trade as a “clean energy fostering mechanism” while developing energy demand policies that are environmentally friendly.