Investigating the role of energy consumption, ecological innovations, institutional quality and economic growth on ecological sustainability: a study from UAE

Authors

DOI:

https://doi.org/10.56294/sctconf2024.754

Keywords:

renewable energy, non-renewable energy, carbon emission, UAE

Abstract

In the contemporary world, the issue of a sustainable environment is under significant attention by researchers and policymakers. However, the role of energy sources, both in terms of renewable and non-renewable, cannot be ignored in determining environmental pollution and related issues. This study aims to examine the trends in environmental sustainability as measured through carbon dioxide emissions while considering the role of renewable energy, non-renewable energy, ecological innovation, institutional quality, and economic growth in the United Arab Emirates (UAE). The time period of the study consists of 1995-2020 with yearly observations. For the purpose of literature discussion, both theoretical and empirical studies have been covered through critical analysis.
Furthermore, this study considers novel approaches entitled auto-regressive distributed lag (ARDL) in order to estimate the relationships between the variables. The initial results confirm the presence of stationarity properties and the cointegrated association between the variables of interest. On the other side, the long-run results through ARDL show that renewable energy, ecological innovations, institutional quality, and square of economic growth are playing their significant and productive role in reducing carbon emissions. On the other side, non-renewable energy sources and economic growth are causing more carbon emissions, hence confirming the presence of the Environmental Kuznets Curve (EKC). Based on such findings, several policy suggestions have been provided along with limitations and future directions

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Published

2024-01-01

How to Cite

1.
Abudaqa M, Ab-Samat H. Investigating the role of energy consumption, ecological innovations, institutional quality and economic growth on ecological sustainability: a study from UAE. Salud, Ciencia y Tecnología - Serie de Conferencias [Internet]. 2024 Jan. 1 [cited 2024 Oct. 8];3:.754. Available from: https://conferencias.ageditor.ar/index.php/sctconf/article/view/754