The asymmetric dilemma of renewable energy, financial development, and economic growth: fresh evidence from Pakistan

• Published in: Environmental science and pollution research international Vol. 29; no. 21; pp. 31797 - 31806
• Main Authors: Bibi, Amina, Li, Xiao-Min
• Format: Journal Article
• Language: English
• Published: Berlin/Heidelberg Springer Berlin Heidelberg 01.05.2022; Springer Nature B.V
• Subjects: Alternative energy; Aquatic Pollution; Asymmetry; Atmospheric Protection/Air Quality Control/Air Pollution; Autoregressive models; capital; Carbon Dioxide - analysis; Earth and Environmental Science; Economic Development; Economic growth; Economics; Ecotoxicology; energy; Energy consumption; Energy industry; Environment; Environmental Chemistry; Environmental Health; Environmental science; Globalization; Impact analysis; Internationality; labor; Nonlinearity; Pakistan; Renewable Energy; renewable energy sources; Renewable resources; Research Article; Waste Water Technology; Water Management; Water Pollution Control; Pakistan; Nonlinear autoregressive distributed lag model; Pakistan; Renewable energy consumption; Financial development

According to economists, rapid economic growth depends on the active energy system of any country. Through financial development, the latest trend of globalization applies pressure on energy consumption, which eventually validates growth in the economy. Therefore, the role of financial development a...