Journal ArticleUnknown
Role of solar energy in reducing ecological footprints: An empirical analysis
Author Affiliations
Northern University of Malaysia, ILMA University, Superior University, Shahjalal University of Science and Technology, ...
Published InJournal of Cleaner Production
Year2021
Citations216
Abstract
The modern economic growth paradigm significantly relies on natural endowments. Solar energy as a perpetual source has the potential in reducing the ecological footprint, which has been overlooked in the empirical literature. We assess the dynamic impact of solar energy consumption on ecological footprints by applying quantile on quantile (QQ) regression in the context of the top ten solar energy-consuming countries. Our empirical analysis demonstrates that solar energy use mitigates ecological footprints at various quantiles for all sample countries except India and the United Kingdom. Overall relation is more profound at higher quantiles of solar energy and lower quantiles of ecological footprint. The bidirectional quantile Granger-causality analysis confirms a somewhat feedback effect of the ecological footprint on solar energy. Our…
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