School of Economics and Management, Tsinghua University, Beijing, 100084, PR China.
School of Economics and Management, Chang'an University, Xi'an, 710064, PR China.
J Environ Manage. 2020 Oct 15;272:111089. doi: 10.1016/j.jenvman.2020.111089. Epub 2020 Jul 28.
This research investigates how renewable energy consumption interacts with international trade and environmental quality in Nordic counties from 2001 to 2018. The present study adopted the CIPS unit root test and cross-sectional dependence (CD) test to test the stationarity and diagnose the cross-sectional dependence issues, respectively. Further, the study employed a dynamic common correlated effect (DCCE) model for robustness. The findings revealed that renewable energy strongly and positively associated with international trade in Nordic countries. Also, the results indicate that renewable energy consumption improved to environmental quality. Therefore, policies to promote renewables can provide for economic growth and environmental sustainability and ensure crucial sustainable development goals. Further, the findings provide theoretical support for the formulation of eco-friendly policies to understand the role of renewable energy in spurring international trade, which supports balancing eco-environmental sustainability.
本研究考察了 2001 年至 2018 年期间北欧国家可再生能源消费如何与国际贸易和环境质量相互作用。本研究采用 CIPS 单位根检验和横截面相关性（CD）检验分别检验了平稳性和诊断横截面相关性问题。此外，研究还采用了动态共同相关效应（DCCE）模型进行稳健性检验。研究结果表明，可再生能源在北欧国家与国际贸易之间呈强烈正相关。此外，结果表明可再生能源消费改善了环境质量。因此，推广可再生能源的政策可以促进经济增长和环境可持续性，并确保实现关键的可持续发展目标。此外，这些发现为制定环保政策提供了理论支持，以了解可再生能源在促进国际贸易方面的作用，这有助于平衡生态环境可持续性。
