Does trade policy uncertainty hurt renewable energy-related sustainable development goals in China?

被引:1
|
作者
Zuo, Qiang [1 ,2 ]
Majeed, Muhammad Tariq [3 ]
机构
[1] Shanxi Univ Finance & Econ, Taiyuan 030000, Peoples R China
[2] Zhong He Sheng Capital Management Co Ltd, Taiyuan 030000, Peoples R China
[3] Quaid i Azam Univ, Islamabad, Pakistan
关键词
Trade policy uncertainty; Renewable energy consumption; Sustainable development; China; FINANCIAL DEVELOPMENT; CONSUMPTION; IMPACT; TECHNOLOGY; INNOVATION; OPENNESS; CLIMATE;
D O I
10.1016/j.heliyon.2024.e35215
中图分类号
O [数理科学和化学]; P [天文学、地球科学]; Q [生物科学]; N [自然科学总论];
学科分类号
07 ; 0710 ; 09 ;
摘要
Trade policy uncertainty might hamper trade flow, including the trade of green and renewable energy technologies. Therefore, this study aims to examine the asymmetric effects of trade policy uncertainty (TPU) on renewable energy consumption (REC) in China. To calculate the short- and long-term relationships between REC, TPU, national income, carbon footprints, and financial development, we used the nonlinear QARDL technique. The estimates reveal that an upsurge in TPU hurts REC in the short and long run. Conversely, a stable trade policy or a reduction in TPU increases REC in the long run. In the short run, a fall in TPU exerts no influence on REC. The findings further imply that various factors, including GDP, CO2 emissions, and financial development, contribute to long-term improvements in REC in China, both in the short and long run.
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页数:11
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