Renewable and non-renewable energy consumption in Bangladesh: The relative influencing profiles of economic factors, urbanization, physical infrastructure and institutional quality
Renewable and non-renewable energy consumption in Bangladesh: The relative influencing profiles of economic factors, urbanization, physical infrastructure and institutional quality
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DOI：
10.1016/j.renene.2021.12.020
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发表时间：
2021-12
期刊：
影响因子：
8.7
通讯作者：
Md. Monirul Islam;Irfan Sardar;M. Shahbaz;X. Vo
中科院分区：
文献类型：
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作者：
Md. Monirul Islam;Irfan Sardar;M. Shahbaz;X. Vo
许多研究人员研究了社会人口和经济因素导致的能源消费，特别是化石燃料为主的不可再生能源消费，但对同样因素驱动的可再生能源消费以及制度质量因素的研究还很少。有鉴于此，我们的研究致力于利用动态ARDL(DARDL)模拟方法分析收入增长、外国直接投资、国内投资、城市化、有形基础设施和制度质量对孟加拉国1990-2019年期间可再生能源和不可再生能源消费的相对影响。实证结果表明，收入增长对可再生能源消费具有正向影响，对不可再生能源消费具有负向影响。国内投资对可再生能源和不可再生能源消费有积极作用。外商直接投资对可再生能源消费有积极的影响因素。城市化对可再生能源消费有负面影响，而对不可再生能源消费有正向影响。有形基础设施分别是可再生能源和不可再生能源消耗的负面和正面决定因素。制度质量对可再生能源消费有积极影响。结果的稳健性通过使用DARDL模拟区域图进行了比较，其中对预测变量上的预报器给出了20%的正冲击和负冲击。
Many researchers investigate the socio-demographic and economic factors-induced energy consumption, particularly fossil fuel-based non-renewable energy consumption, but there exists a scarcity to study on the same factors-driven renewable energy consumption along with institutional quality factor. Given this, our research strives to analyse the relative influence of income growth, foreign direct investment, domestic investment, urbanization, physical infrastructure, and institutional quality on renewable and non-renewable energy consumption in Bangladesh for the period of 1990–2019 using the dynamic ARDL (DARDL) simulations method. The empirical findings divulge that income growth shows positive and negative effect on renewable and non-renewable energy consumption, respectively. Domestic investment has positive effect for renewable and non-renewable energy consumption. Foreign direct investment is found to have positive influencing factor for renewable energy consumption. Urbanization negatively impacts renewable energy consumption but urbanization affects non-renewable energy consumption positively. Physical infrastructure is a negative and positive determinant of renewable and non-renewable energy consumption, respectively. Institutional quality positively affects renewable energy consumption. The robustness of the results is comparatively exhibited using the DARDL simulations area plots where 20% positive and negative shocks to the predictors on the predicted variables are presented.