Does energy policy uncertainty matter for renewable energy and energy efficiency technologies?An affordable and clean energy perspective

作     者：Ugur Korkut Pata Ugur Korkut Pata

作者机构：Department of EconomicsCollege of Political Science and EconomicsKorea UniversitySeoul 02481South Korea Department of EconomicsHatay Mustafa Kemal UniversityHatayTürkiye Clinic of EconomicsAzerbaijan State University of Economics(UNEC)BakuAzerbaijan Advance Research CentreEuropean University of LefkeLefkeNorthern CyprusTR-10 MersinTürkiye Economic Research Center(WCERC)Western Caspian UniversityBakuAzerbaijan 

出 版 物：《Geoscience Frontiers》 (地学前缘（英文版）)

年 卷 期：2024年第15卷第6期

页      面：516-527页

核心收录：

学科分类：0202[经济学-应用经济学] 02[经济学] 020205[经济学-产业经济学] 

主　　题：Energy policy uncertainty Energy technologies Renewable energy Multivariate quantile approach 

摘      要：Uncertainty can affect both macroeconomic indicators and the *** are implementing various energy policies to combat global warming,but these policies contain some uncertainties and *** environmental impact of uncertainties in energy policies is a research topic that has just begun to be investigated by *** study examines the effects of energy policy uncertainty(ENERPU)on renewable energy R&D(RR&D),energy efficiency R&D(EER&D)and renewable energy consumption in the four countries with the highest RR&D expenditures(USA,Germany,Japan,and Spain).The study uses the novel multivariate quantile-on-quantile(M-QQR)approach from 2003m1 to *** results of the study show:(i)The impact of ENERPU varies by quantile and country.(ii)ENERPU causes a decrease in renewable energy consumption and hinders RR&D expenditures.(iii)ENERPU increases EER&*** Fourier quantile causality test confirms the robustness of the empirical *** on these findings,policymakers are recommended to minimize ENERPU and implement stable energy policies to develop the renewable energy sector and technologies.