ArticleEnvironmental science and pollution research international2021
Renewable energy and non-renewable energy consumption: assessing the asymmetric role of monetary policy uncertainty in energy consumption.
Article in Environmental science and pollution research international, 2021. The graph could read no effect estimate from its abstract, so it casts no vote on the map. Cited by 31 papers.
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Who cites it
31 citing papers in PubMed.
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- Ecological footprint in Bangladesh: Identifying the intensity of economic complexity and natural resources.Heliyon · 2023Article
- Eco-Innovation and Its Influence on Renewable Energy Demand: The Role of Environmental Law.International journal of environmental research and public health · 2023Article
- Green growth as a determinant of ecological footprint: Do ICT diffusion, environmental innovation, and natural resources matter?PloS one · 2023Article
- Research Trends in Crop-Livestock Systems: A Bibliometric Review.International journal of environmental research and public health · 2022Review
- Are Iron Tailings Suitable for Constructing the Soil Profile Configuration of Reclaimed Farmland? A Soil Quality Evaluation Based on Chronosequences.International journal of environmental research and public health · 2022Article
- An analysis of the main driving factors of renewable energy consumption in the European Union.Environmental science and pollution research international · 2022Article
- Does policy uncertainty threaten renewable energy? Evidence from G7 countries.Environmental science and pollution research international · 2022Article
- The trade-off between economic performance and environmental quality: does financial inclusion matter for emerging Asian economies?Environmental science and pollution research international · 2022Article
- Does financial inclusion and education limit CO2 emissions in China? A new perspective.Environmental science and pollution research international · 2022Article
- The energy consumption: the global contributions from financial development and institutions.Environmental science and pollution research international · 2022Article
- Towards a green economy in Europe: does renewable energy production has asymmetric effects on unemployment?Environmental science and pollution research international · 2022Article
- Impact of shadow economy on renewable and nonrenewable energy consumption in Pakistan: evidence from quantile cointegration and causality analysis.Environmental science and pollution research international · 2022Article
- Economic Policy Uncertainty, Social Development, Political Regimes and Environmental Quality.International journal of environmental research and public health · 2022Article
- Pro-environmental behavior-Renewable energy transitions nexus: Exploring the role of higher education and information and communications technology diffusion.Frontiers in psychology · 2022Article
- Health and Human Wellbeing in China: Do Environmental Issues and Social Change Matter?Frontiers in psychology · 2022Article
- Exploring the Effects of Natural Capital Depletion and Natural Disasters on Happiness and Human Wellbeing: A Study in China.Frontiers in psychology · 2022Article
- Short- and Long-Run Influence of Education on Subjective Well-Being: The Role of Information and Communication Technology in China.Frontiers in psychology · 2022Article
- Revealing the Effects of Corporate Governance on Green Investment and Innovation: Do Law and Policy Matter?Frontiers in psychology · 2022Article
Corrections and comments
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Authors and funding
5 authors.
Funding
No grant is acknowledged in the PubMed record.
Abstract
Previous infant literature has assessed the symmetric impact of monetary policy uncertainty on a few macro variables. Our study has considered asymmetric monetary policy uncertainty impacts on energy consumption. Our key concern in this study is to regulate whether US monetary policy uncertainty has an asymmetric impact on energy consumption. We employ the symmetric and asymmetric autoregressive distributed lag (ARDL) estimation methods, and we found that monetary policy uncertainty has short- and long-run negative effects on renewable energy consumption in the linear model, while decreased monetary policy uncertainty has a significant negative influence on renewable energy consumption in the USA in the non-linear model. However, in the short and long run, the measure of monetary policy uncertainty has an insignificant impact on non-renewable energy consumption, while increased monetary policy uncertainty in the USA has negative effects and decreased monetary policy uncertainty has positive effects on non-renewable energy consumption in the short and long run in the non-linear model. The effects are asymmetric in direction and magnitude. The study results call for vital changes in renewable and non-renewable energy policies to accommodate monetary policy uncertainties.
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Registered trials
Read under generation 80e0d062 · epoch 390. Bibliography from PubMed, PubMed Central and OpenAlex; grants from NIH RePORTER; trial links from ClinicalTrials.gov; estimates, votes and beliefs from the OpenQuestion graph.