ArticleEnvironmental science and pollution research international2022
Renewable and non-renewable energy consumption driven sustainable development in ASEAN countries: do financial development and institutional quality matter?
Article in Environmental science and pollution research international, 2022. The graph could read no effect estimate from its abstract, so it casts no vote on the map. Cited by 6 papers.
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Who cites it
6 citing papers in PubMed.
- Pollution cost dynamics and regime transitions in emerging Asia: a dissipative-Logit approach.Scientific reports · 2026Article
- Marginal effect of clean energy, nuclear energy-related R&D investment, energy security risk, and policy uncertainty on the environment in the USA.Scientific reports · 2026Article
- Clean energy, environmental policy and energy justice as drivers of sustainable development in OECD countries.Scientific reports · 2025Article
- From invention to progress: Energy technology innovation and sustainable development in OECD economies.PloS one · 2025Article
- Land urbanization and urban COHeliyon · 2023Article
- Article
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Authors and funding
6 authors.
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Abstract
Energy consumption for sustainable development has become a crucial issue in recent years. The anthropogenic effects of traditional energy sources (non-renewables) underscore the need for renewable energy and efforts to promote its adoption have comprised policy makers' strategies to achieve sustainable development. At the same time, institutional stability is a necessary element needed to meet the goal of sustainable development via improved management of resources and technology diffusion. The literature shows some contradictory findings on this matter and this study aims to clarify. Thus, this research scrutinizes the contribution of renewable and non-renewable energies in sustainable development while also taking into account financial development and institutional quality in ASEAN countries from 1980 to 2018. To assess for co-integration, a pooled mean group (PMG) regression technique is employed and the findings from this technique are verified by using fully modified ordinary least square (FMOLS), dynamic ordinary least square (DOLS), and canonical cointegration regression (CCR) techniques in conjunction with other panel-based econometric procedures to evaluate the robustness of the model. The findings reveal a significantly positive influence for renewable energy and a significantly adverse impact for non-renewable energy with respect to sustainable development in ASEAN countries. In addition, the results indicate that institutional quality and financial development have adverse effects on sustainable development. Therefore, this research recommends sustainable management of non-renewables and greater promotion of renewables by strengthening institutional quality in ASEAN countries.
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