Do trade openness, environmental degradation and oil prices affect green energy consumption?

• DOI: 10.1016/j.esr.2024.101342
• Publication Date: 2024-03-06T18:15:02Z
• Authors: Lingli Qing; Yangyang Yao; Crenguta-Ileana S...; Asma Salman; Mohammad Jaradat; Adina Eleonora Spinu; Daniela Melania M...; Malik Shahzad Sha...
• Keywords: Openness to experience; Affect; Environmental degradation; Consumption; Degradation

This study aims to examine the congruence of trade openness with regards encouraging pervasive usage green energy sources and nexus among environmental degradation, economic development, oil prices, consumption (GEC). The utilizes advanced panel data techniques, including Westerlund cointegration test, Augmented Mean Group (AMG) estimator, Pooled (PMG) Dumitrescu Hurlin (DH) causality aforementioned relationships. findings AMG PMG estimators indicate that degradation has a negative impact on GEC, whereas prices development have positive effect GEC.