Exploring environment-energy-growth nexus in OECD countries: a nonparametric approach (original) (raw)
Biomass Conversion and Biorefinery, 2021
Abstract
This study explores the interplay among environmental quality, economic growth, and bioenergy consumption in the Organization for Economic Cooperation and Development (OECD) countries. Due to profound sustainable implications of energy consumption, understanding this relationship becomes crucial for two reasons: managing the environment sustainably and alleviating energy dependence on fossil fuels. Therefore, we propose a humble contribution by examining the distributional dynamics of carbon emissions, bioenergy consumption, and economic growth considering the nonparametric kernel density and quantile regression approaches. The kernel density estimates depict that concentration is found to be skewed towards the higher distributions in all the variables, except bioenergy consumption. Indicating a similar relative position through a single node across different bands of distribution. The quantile estimates confirm that economic growth, non-renewable energy consumption, and urbanizatio...
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