Renewable energy, foreign direct investment and sustainable development: An empirical evidence

dc.contributor.author	Parab, N.
dc.contributor.author	Naik, R.
dc.contributor.author	Reddy, Y.V.
dc.date.accessioned	2020-08-11T06:36:37Z
dc.date.available	2020-08-11T06:36:37Z
dc.date.issued	2020
dc.identifier.citation	International Journal of Energy Economics and Policy. 10(5); 2020; 479-484.	en_US
dc.identifier.uri	https://econjournals.com/index.php/ijeep/article/view/10206
dc.identifier.uri	http://irgu.unigoa.ac.in/drs/handle/unigoa/6170
dc.description.abstract	Renewable energy is replenished on a human timescale. The concern for the use of renewable energy is growing across the globe due to depleting nonrenewable sources and various environmental issues. We construct a model of sustainable development to demonstrate the causality and co-integration between Foreign Direct Investment (FDI) inflows and renewable energy consumption. We consider data of select 43 countries for the period from 2005 to 2017 and apply panel data analysis. The results reveal a unidirectional causality from renewable energy consumption to FDI inflows and the presence of a long-run relationship. Consequently, the constructed model will assist the government, non-government organizations, and companies in evaluating the significance of renewable energy and FDI inflows in sustainable development.	en_US
dc.publisher	EconJournals	en_US
dc.subject	Commerce	en_US
dc.title	Renewable energy, foreign direct investment and sustainable development: An empirical evidence	en_US
dc.type	Journal article	en_US
dc.identifier.impf	cs