Waste management,quality of life and natural resources utilization matter for renewable electricity generation: The main and moderate role of environmental policy |
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| Affiliation: | 1. School of Economics and Finance, Xi''an Jiao Tong University, Xian, 710061, China;2. School of Media and Communication, Shanghai Jiao Tong University (SJTU), 200240, Shanghai, China;3. Academy of Fine Arts, Shanghai University, Shanghai, 200040, China;4. Al-Rayyan International University College, in Partnership with the University of Derby UK, Doha, Qatar;1. Department of Future Energy Convergence, College of Creativity and Convergence Studies, Seoul National University of Science & Technology, 232 Gongreung-Ro, Nowon-Gu, Seoul, 01811, Republic of Korea;2. Renewable Energy Business Department, Korea District Heating Corporation, 88 Pangyo-Ro 288 beon-gil, Bundang-Gu, Seongnam, Gyeonggi, 13487, Republic of Korea;1. Department of Management, Finance and Technology, LUM University, Casamassima, Italy;2. Department of Economics and Finance, University of Bari, Bari, Italy;3. Department of Management, Ca'' Foscari University of Venice, Venice, Italy;1. Department of Economics, Faculty of Economics and Administrative Sciences, Cyprus International University, Nicosia, Mersin-10, Turkey;2. Research Center for Labor Economics and Human Resources, Shandong University, Weihai, 264209, China;1. Department of Economics, Gaziantep University, Gaziantep, Turkey;2. School of Economics and Public Policy, Adelaide Business School, The University of Adelaide, Australia, Department of Agricultural Finance and Cooperatives, Bangabandhu Sheikh Mujibur Rahman Agricultural University, Gazipur, Bangladesh;3. Faculty of Business, Curtin University Malaysia, Malaysia;1. Department of Applied Economics I, University Castilla La-Mancha, 13071, Cuenca, Spain;2. Department of Management, Faculty of Economics and Management, Czech University of Life Sciences Prague, 1650, Prague, Czech Republic;3. Department of Finance, University of Sirnak, Sirnak, Turkey;4. Department of Business Administration, University of Mersin, Mersin, Turkey;1. University of Verona, Department of Business Administration, Verona, Italy;2. University of Padova, Department of Industrial Engineering, Padova, Italy |
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| Abstract: | Since the last three decades, the world has been facing three consecutive challenges global warming, fuel import dependency, and rising electricity demand, and policymakers have tried their best to meet the standards of the green energy system. However, green electricity generation (REG) for daily use has received an exceptional focus from policy analysts in the development agenda. Similarly, electricity generation from waste management has shocked the world, and most economies are following the same pattern. Therefore, the current study tries to introduce the leading factors of REG: waste management, quality of life, environmental policy (EP), natural resources utilization, and population growth. The current study employs a series of estimation techniques to investigate the desired study's objectives in 15 waste-recycled economies from 2000 to 2020. Investigated outcomes show the significant contribution to REG by population, waste management, and environmental policy. In contrast, the quality of life and natural resource utilization (NRU) do not significantly contribute to renewable electricity generation. Furthermore, the moderate role of EP on waste management, quality of life, and NRU significantly promotes renewable electricity development. On behalf of outcomes, the environmental policy is being suggested as the best policy for electricity generation. |
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| Keywords: | Natural resource utilization Waste management Renewable electricity generation Quality of life Environmental policy REG" },{" #name" :" keyword" ," $" :{" id" :" kwrd0040" }," $$" :[{" #name" :" text" ," _" :" Renewable Electricity Generation WM" },{" #name" :" keyword" ," $" :{" id" :" kwrd0050" }," $$" :[{" #name" :" text" ," _" :" Waste Management NRU" },{" #name" :" keyword" ," $" :{" id" :" kwrd0060" }," $$" :[{" #name" :" text" ," _" :" Natural Resources Utilization QOL" },{" #name" :" keyword" ," $" :{" id" :" kwrd0070" }," $$" :[{" #name" :" text" ," _" :" Quality of Life E" },{" #name" :" keyword" ," $" :{" id" :" kwrd0080" }," $$" :[{" #name" :" text" ," _" :" Environmental Policy AMG" },{" #name" :" keyword" ," $" :{" id" :" kwrd0090" }," $$" :[{" #name" :" text" ," _" :" Augmented Mean Group CS-ARDL" },{" #name" :" keyword" ," $" :{" id" :" kwrd0100" }," $$" :[{" #name" :" text" ," _" :" Cross-Sectional Autoregressive Distributive Lag model DKSE-FE" },{" #name" :" keyword" ," $" :{" id" :" kwrd0110" }," $$" :[{" #name" :" text" ," _" :" Driscoll-Kraay standard errors Fixed Effect model PQR" },{" #name" :" keyword" ," $" :{" id" :" kwrd0120" }," $$" :[{" #name" :" text" ," _" :" Panel Quantile Regression CSD" },{" #name" :" keyword" ," $" :{" id" :" kwrd0130" }," $$" :[{" #name" :" text" ," _" :" Cross-Sectional Dependence CADF" },{" #name" :" keyword" ," $" :{" id" :" kwrd0140" }," $$" :[{" #name" :" text" ," _" :" Cross-sectional Augmented Dickey-Fuller CIPS" },{" #name" :" keyword" ," $" :{" id" :" kwrd0150" }," $$" :[{" #name" :" text" ," _" :" Cross-sectional I'm Pesaran Shin O13 Q53 P18 J17 H23 |
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