Remittances and renewable energy: an empirical analysis.
Purpose: The purpose of this paper is to examine the potential role of remittances on renewable energy consumption in the top recipient developing countries from 1990 to 2016. Design/methodology/approach: The paper uses autoregressive distributed lag (ARDL) technique to fulfil the purpose. Findings:...
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my.utm.1056152024-05-06T06:34:35Z http://eprints.utm.my/105615/ Remittances and renewable energy: an empirical analysis. Subramaniam, Yogeeswari Masron, Tajul Ariffin Loganathan, Nanthakumar HD28 Management. Industrial Management Purpose: The purpose of this paper is to examine the potential role of remittances on renewable energy consumption in the top recipient developing countries from 1990 to 2016. Design/methodology/approach: The paper uses autoregressive distributed lag (ARDL) technique to fulfil the purpose. Findings: The empirical findings divulge that remittances positively affect renewable energy consumption. This finding implies that remittances can potentially increase the level of renewable energy consumption by increasing affordability if proper incentives and encouragement are offered. Practical implications: Given the enormous potential that renewable energy can bring to an economy, the government should offer indirect incentives to encourage recipients to allocate a portion of their remittances to renewable energy projects, either as minor investors or users. Originality/value: To the best of the authors’ knowledge, this paper is novel for two reasons. First, this study adds to the existing literature by empirically examining the link between remittances and renewable energy consumption in the top five remittance recipients, which have never been studied before. Second, the findings of this study will have policy implications not only for the top remittance recipients but also for other remittance recipients, particularly for developing countries. Emerald Publishing 2023-07-25 Article PeerReviewed application/pdf en http://eprints.utm.my/105615/1/YogeeswariSubramaniam2023_RemittancesandRenewableEnergyanEmpiricalAnalysis.pdf Subramaniam, Yogeeswari and Masron, Tajul Ariffin and Loganathan, Nanthakumar (2023) Remittances and renewable energy: an empirical analysis. International Journal of Energy Sector Management, 17 (5). pp. 1034-1049. ISSN 1750-6220 http://dx.doi.org/10.1108/IJESM-03-2022-0009 DOI: 10.1108/IJESM-03-2022-0009 |
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HD28 Management. Industrial Management Subramaniam, Yogeeswari Masron, Tajul Ariffin Loganathan, Nanthakumar Remittances and renewable energy: an empirical analysis. |
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Purpose: The purpose of this paper is to examine the potential role of remittances on renewable energy consumption in the top recipient developing countries from 1990 to 2016. Design/methodology/approach: The paper uses autoregressive distributed lag (ARDL) technique to fulfil the purpose. Findings: The empirical findings divulge that remittances positively affect renewable energy consumption. This finding implies that remittances can potentially increase the level of renewable energy consumption by increasing affordability if proper incentives and encouragement are offered. Practical implications: Given the enormous potential that renewable energy can bring to an economy, the government should offer indirect incentives to encourage recipients to allocate a portion of their remittances to renewable energy projects, either as minor investors or users. Originality/value: To the best of the authors’ knowledge, this paper is novel for two reasons. First, this study adds to the existing literature by empirically examining the link between remittances and renewable energy consumption in the top five remittance recipients, which have never been studied before. Second, the findings of this study will have policy implications not only for the top remittance recipients but also for other remittance recipients, particularly for developing countries. |
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Article |
author |
Subramaniam, Yogeeswari Masron, Tajul Ariffin Loganathan, Nanthakumar |
author_facet |
Subramaniam, Yogeeswari Masron, Tajul Ariffin Loganathan, Nanthakumar |
author_sort |
Subramaniam, Yogeeswari |
title |
Remittances and renewable energy: an empirical analysis. |
title_short |
Remittances and renewable energy: an empirical analysis. |
title_full |
Remittances and renewable energy: an empirical analysis. |
title_fullStr |
Remittances and renewable energy: an empirical analysis. |
title_full_unstemmed |
Remittances and renewable energy: an empirical analysis. |
title_sort |
remittances and renewable energy: an empirical analysis. |
publisher |
Emerald Publishing |
publishDate |
2023 |
url |
http://eprints.utm.my/105615/1/YogeeswariSubramaniam2023_RemittancesandRenewableEnergyanEmpiricalAnalysis.pdf http://eprints.utm.my/105615/ http://dx.doi.org/10.1108/IJESM-03-2022-0009 |
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