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Impacts of export diversification on energy intensity, renewable energy, and waste energy in 121 countries: Do environmental regulations matter?

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  • Lee, Chien-Chiang
  • Ho, Shan-Ju

Abstract

Recent body of energy research has focused on environmental regulations, but a few studies have investigated the environmental regulations on the nexus between export diversification, renewable and waste energy. This research explores export diversification's influence on energy intensity, renewable energy, and waste energy in a sample of 121 countries. Our finding shows strong evidence that export diversification leads to more energy intensity, but less consumed renewable and waste energy. This study also finds that countries with stringent environmental regulations and diversified exports are beneficial to waste energy. Moreover, heterogeneity analysis shows that diversified exports contribute to declines in renewable energy, particularly in higher technological or economic development levels, and in European countries. The estimation renders implications for policy makers and future researchers—there is still the need for strategies dedicated to the deployment of renewable and waste energy in general or in European countries.

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  • Lee, Chien-Chiang & Ho, Shan-Ju, 2022. "Impacts of export diversification on energy intensity, renewable energy, and waste energy in 121 countries: Do environmental regulations matter?," Renewable Energy, Elsevier, vol. 199(C), pages 1510-1522.
    • Handle: RePEc:eee:renene:v:199:y:2022:i:c:p:1510-1522
    DOI: 10.1016/j.renene.2022.09.079
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    More about this item

    Keywords

    Export diversification; Renewable energy; Green finance; Environmental regulation; Energy intensity;
    All these keywords.

    JEL classification:

    • F18 - International Economics - - Trade - - - Trade and Environment
    • P19 - Political Economy and Comparative Economic Systems - - Capitalist Economies - - - Other
    • G2 - Financial Economics - - Financial Institutions and Services
    • Q56 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Environment and Development; Environment and Trade; Sustainability; Environmental Accounts and Accounting; Environmental Equity; Population Growth
    • Q58 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Environmental Economics: Government Policy

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