THE RELATIONSHIP BETWEEN RENEWABLE ENERGY USE AND ENVIRONMENTAL DEGRADATION IN THE ECONOMIES OF CHINA AND INDIA: A BOOTSTRAP COINTEGRATION ANALYSIS
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Research Article
VOLUME: 26 ISSUE: 2
P: 581 - 596
December 2024

THE RELATIONSHIP BETWEEN RENEWABLE ENERGY USE AND ENVIRONMENTAL DEGRADATION IN THE ECONOMIES OF CHINA AND INDIA: A BOOTSTRAP COINTEGRATION ANALYSIS

Trakya Univ J Soc Sci 2024;26(2):581-596
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Received Date: 25.01.2024
Accepted Date: 04.07.2024
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Abstract

Climate change is the biggest challenge facing all countries in the world today. Goal 13 of the Sustainable Development Goals (SDGs) aims, among other things, to take urgent action against climate change and its impacts. Part of the decline in global emissions growth is due to increased use of renewable energy. article uses the bootstrap ARDL frontier test to test the relationship between renewable energy consumption and environmental degradation for the Chinese and Indian economies over the period 1990-2019. In our empirical analysis, we use to DOLS technique is used to estimate the long-run coefficients. This result indicates the existence of co-integration in China and India. Long-term estimates show that renewable energy consumption reduces environmental degradation.

Keywords:
Renewable Energy Consumption, Environmental Degradation, Bootstrap ARDL Bounds Test