IDEAS home Printed from https://ideas.repec.org/a/rfh/bbejor/v13y2024i2p1194-1199.html

G-7 Green Growth Paradox: An Exploratory Review of Economic Policy Uncertainty, Renewable Energy, and Institutional Quality

Author

Listed:
  • Fakhar Hayat

    (MS Scholar, Faculty of Accounting and Finance, The Superior University, Lahore, Pakistan)

  • Sonia Anjum

    (MS Scholar, Faculty of Economics and Commerce, The Superior University, Lahore, Pakistan)

  • Saif Ur Raman

    (Associate Professor, faculty of Economics and Commerce, Superior University, Lahore, Pakistan)

  • Sadia Idress

    (School of Economics, Banking and Finance, Universiti Uatra Malaysia)

Abstract

This study aims to investigate the asymmetric link among institutional quality, economic policy uncertainty, and renewable energy and its effects on green growth. The study's time frame was from 1996 to 2023. The existing theoretical and empirical literature on the subject is examined and summarized in this work. It begins by providing an overview of how institutional quality, renewable energy, and economic policy uncertainty relate to green growth, using data from the G-7. The literature is identified in a second way, drawing on theoretical and empirical insights found in published literature. This article further clarified theoretical approaches that explain how and why these approaches function. Third, three useful metrics are suggested in this article for additional study. This study adds to the body of knowledge on how institutional quality, renewable energy, and economic policy uncertainties impact green? Data from the G-7 nations. The literature is identified in a second way, drawing on theoretical and empirical insights found in published literature. This article further clarified theoretical approaches that explain how and why these approaches function. Third, three useful metrics are suggested in this article for additional study. How can uncertainty in economic policy, renewable energy, and institutional quality affect green growth, according to this paper? Data from the G-7 nations.

Suggested Citation

  • Fakhar Hayat & Sonia Anjum & Saif Ur Raman & Sadia Idress, 2024. "G-7 Green Growth Paradox: An Exploratory Review of Economic Policy Uncertainty, Renewable Energy, and Institutional Quality," Bulletin of Business and Economics (BBE), Research Foundation for Humanity (RFH), vol. 13(2), pages 1194-1199.
  • Handle: RePEc:rfh:bbejor:v:13:y:2024:i:2:p:1194-1199
    as

    Download full text from publisher

    File URL: https://bbejournal.com/index.php/BBE/article/view/1018/1126
    Download Restriction: no

    File URL: https://bbejournal.com/index.php/BBE/article/view/1018
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Marc Audi & Amjad Ali & Mohamad Kassem, 2020. "Greenhouse Gases: A Review of Losses and Benefits," International Journal of Energy Economics and Policy, Econjournals, vol. 10(1), pages 403-418.
    2. Marc Audi & Amjad Ali, 2023. "Unveiling the Role of Business Freedom to Determine Environmental Degradation in Developing Countries," International Journal of Energy Economics and Policy, Econjournals, vol. 13(5), pages 157-164, September.
    3. Saima Ashiq & Amjad Ali & Hafiz Muhammad Abubakar Siddique & Sumaira, 2023. "Impact Of Innovation On Co2 Emissions In South Asian Countries," Bulletin of Business and Economics (BBE), Research Foundation for Humanity (RFH), vol. 12(2), pages 201-211.
    4. Amjad Ali & Marc Audi & Chan Bibi & Yannick Roussel, 2021. "The Impact of Gender Inequality and Environmental Degradation on Human Well-being in the Case of Pakistan: A Time Series Analysis," International Journal of Economics and Financial Issues, Econjournals, vol. 11(2), pages 92-99.
    5. Marc Audi & Amjad Ali, 2023. "The Role of Environmental Conditions and Purchasing Power Parity in Determining Quality of Life among Big Asian Cities," International Journal of Energy Economics and Policy, Econjournals, vol. 13(3), pages 292-305, May.
    6. ., 2023. "The economic effects of financial development," Chapters, in: Financialisation, chapter 3, pages 51-71, Edward Elgar Publishing.
    7. Le Thanh Ha, 2023. "Factors Affecting the Attraction of Foreign Direct Investment in Hanoi - Vietnam," Business and Economic Research, Macrothink Institute, vol. 13(4), pages 168-175, December.
    8. Saif ur Rahman & Nor’Aznin Abu Bakar, 2019. "Manufacturing sector in Pakistan: A Comprehensive Review for the Future Growth and Development," Pakistan Journal of Humanities and Social Sciences, International Research Alliance for Sustainable Development (iRASD), vol. 7(1), pages :77-91, March.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Huda Nawaz & Areeba Zafar & Salman Masood Sheikh & Saif Ur Raman, 2024. "Global Change, Local Consequences: A Review of the Relationships Between FDI, Globalization, GDP, Carbon Dioxide Emissions, and Ecological Footprint," Bulletin of Business and Economics (BBE), Research Foundation for Humanity (RFH), vol. 13(2), pages 1226-1230.
    2. Qudsia Piracha & Laiba Manzoor, 2024. "ASEAN's Sustainable Future: A Review of Green Finance, Renewable Energy, and Economic Complexity Index Challenges and Opportunities," Bulletin of Business and Economics (BBE), Research Foundation for Humanity (RFH), vol. 13(2), pages 1236-1242.
    3. Muhammad Haseeb & Aqsa Shakeel & Saif Ur Raman, 2024. "Renewable Energy and Green Innovation: A Review of the Mitigation Strategies for Climate Change through Reduced Carbon Emissions," Bulletin of Business and Economics (BBE), Research Foundation for Humanity (RFH), vol. 13(2), pages 1200-1206.
    4. Musharaf Hanif & Khadija Khalid & Saif Ur Raman & Muhammad Ali, 2024. "How Does Innovation and Globalization Affect Environmental Sustainability: A Review," Bulletin of Business and Economics (BBE), Research Foundation for Humanity (RFH), vol. 13(2), pages 1207-1212.
    5. repec:rfh:bbejor:v:13:y:2025:i:3:p:464-467 is not listed on IDEAS
    6. Audi, Marc, 2024. "A Discussion on the Role of International Regimes in Mitigating Global Warming and Climate Change," MPRA Paper 121586, University Library of Munich, Germany.
    7. repec:rfh:bbejor:v:13:y:2025:i:3:p:468-471 is not listed on IDEAS
    8. Laiba Manzoor & Qudsia Piracha & Saif Ur Rahman & Salman Masood Sheikh, 2023. "Impact of Renewable Energy and Globalization on Environmental Pollution in Asian Countries: A Review," Bulletin of Business and Economics (BBE), Research Foundation for Humanity (RFH), vol. 12(4), pages 628-633.
    9. Roussel, Yannick & Audi, Marc, 2024. "Exploring the Nexus of Economic Expansion, Tourist Inflows, and Environmental Sustainability in Europe," MPRA Paper 121529, University Library of Munich, Germany.
    10. Insha Kunwal & Muhammad Ramzan Sheikh & Muhammad Zahir Faridi & Muhammad Imran Mushtaq, 2023. "Urbanization, Energy Consumption and Environmental Quality in Asian Countries," Bulletin of Business and Economics (BBE), Research Foundation for Humanity (RFH), vol. 12(4), pages 372-386.
    11. Ullah, Asad & Ali, Amjad, 2024. "Investigating Corruption, Income Inequality, and Environmental Degradation in Pakistan: A Time Series Analysis," MPRA Paper 121291, University Library of Munich, Germany.
    12. Tehmina Fiaz Qazi & Abdul Aziz Khan Niazi, 2023. "An Analysis of the Determinants of Trust in Virtual Buying: An Interpretive Structural Modeling Approach," Journal of Policy Research (JPR), Research Foundation for Humanity (RFH), vol. 9(2), pages 103-116.
    13. Sulehri, Fiaz Ahmad & Ali, Amjad, 2024. "Assessing the Pathways of Sustainable Development: A Structural Equation Modeling Investigation of Regulatory Framework, Innovation, and Economic Indicators," MPRA Paper 121286, University Library of Munich, Germany.
    14. Aleena Shamim & Sana Raza & Saif Ur Rahman & Salman Masood Sheikh, 2023. "Examining the Influence of Green Finance, FinTech, and Environmental Innovation on Environmental Degradation in G-20 Nations: A Comprehensive Review," Bulletin of Business and Economics (BBE), Research Foundation for Humanity (RFH), vol. 12(4), pages 621-627.
    15. Saima Ashiq & Amjad Ali & Hafiz Muhammad Abubakar Siddique & Sumaira, 2023. "Impact Of Innovation On Co2 Emissions In South Asian Countries," Bulletin of Business and Economics (BBE), Research Foundation for Humanity (RFH), vol. 12(2), pages 201-211.
    16. Fiaz Ahmad Sulehri & Marc Audi & Marc Poulin & Amjad Ali, 2024. "Nexus between Innovation and Ecological Impact: A Moderated Mediation Investigation through Structural Equation Modeling Approach," International Journal of Energy Economics and Policy, Econjournals, vol. 14(4), pages 509-518, July.
    17. Sulehri, Fiaz Ahmad & Ali, Amjad, 2024. "Country Risk and Sustainable Development: Mediating Role of Economic Growth," MPRA Paper 121290, University Library of Munich, Germany.
    18. Marc Audi & Marc Poulin & Khalil Ahmad & Amjad Ali, 2025. "Modeling Disaggregate Globalization to Carbon Emissions in BRICS: A Panel Quantile Regression Analysis," Sustainability, MDPI, vol. 17(6), pages 1-24, March.
    19. Fiaz Ahmad Sulehri & Amjad Ali, 2024. "Nexus among Regulatory Framework, Economic Growth and Sustainable Development: Insights from Structural Equation Modeling Approach," Bulletin of Business and Economics (BBE), Research Foundation for Humanity (RFH), vol. 13(1), pages 110-117.
    20. Uzma Ghafoor & Muhammad Ramzan Sheikh & Afsheen Baqir, 2023. "Green Growth, Environmental Quality, Energy Consumption Nexus in OECD Countries," Bulletin of Business and Economics (BBE), Research Foundation for Humanity (RFH), vol. 12(4), pages 409-418.
    21. Muhammad Usman & Muhammad Wasim & Rao Bahkat Yawar, 2023. "Assessing the Economic Implications of Climate Change on Agriculture in Punjab in Pakistan: Farmers Perception and Satisfaction," Bulletin of Business and Economics (BBE), Research Foundation for Humanity (RFH), vol. 12(3), pages 501-518.
    22. Marc Audi & Amjad Ali, 2023. "Unveiling the Role of Business Freedom to Determine Environmental Degradation in Developing Countries," International Journal of Energy Economics and Policy, Econjournals, vol. 13(5), pages 157-164, September.

    More about this item

    Keywords

    ;
    ;
    ;
    ;

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:rfh:bbejor:v:13:y:2024:i:2:p:1194-1199. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Dr. Muhammad Irfan Chani The email address of this maintainer does not seem to be valid anymore. Please ask Dr. Muhammad Irfan Chani to update the entry or send us the correct address (email available below). General contact details of provider: https://edirc.repec.org/data/rffhlpk.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.