Political Stability, Economic Risk, and Renewable Energy Technology Innovation: International Evidence.
Renewable energy technology innovation (RETI) is essential for addressing climate change and ensuring energy security, but the impact of political stability on RETI remains underexplored. Using panel data for 65 countries from 2002 to 2022, this paper systematically examines the direct and indirect...
| Publicado en: | American Journal of Economics & Sociology Vol. 84; no. 3; pp. 449 - 466 |
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| Autores principales: | , |
| Formato: | Artículo |
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Wiley-Blackwell
May2025
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| Acceso en línea: | Ver este registro en EBSCOhost |
| fields | @attributes: recordID: 1 pdfLink: plink: https://search.ebscohost.com/login.aspx?direct=true&db=ssf&AN=184952634&site=ehost-live header: @attributes: shortDbName: ssf uiTerm: 184952634 longDbName: Social Sciences Full Text (H.W. Wilson) uiTag: AN controlInfo: bkinfo: jinfo: jid: 00029246 AES jtl: American Journal of Economics & Sociology issn: 00029246 maglogo: Y pubinfo: dt: May2025 vid: 84 iid: 3 pid: 480 pub: Wiley-Blackwell artinfo: ui: 184952634 10.1111/ajes.12613 ppf: 449 ppct: 17 formats: fmt: – @attributes: type: T – @attributes: type: C – @attributes: type: P size: 652KB tig: atl: Political Stability, Economic Risk, and Renewable Energy Technology Innovation: International Evidence. aug: au: Shao, Hanhua Wang, Yaning affil: School of Economics and Management, Nanchang University, Nanchang, China su: Political stability Panel analysis Renewable energy sources Substitution (Technology) Financial security sug: subj: Political stability Panel analysis Renewable energy sources Substitution (Technology) Financial security keyword: economic risk political stability renewable energy technology innovation substitution effects economic risk political stability renewable energy technology innovation substitution effects ab: Renewable energy technology innovation (RETI) is essential for addressing climate change and ensuring energy security, but the impact of political stability on RETI remains underexplored. Using panel data for 65 countries from 2002 to 2022, this paper systematically examines the direct and indirect effects of political stability on RETI, along with the substitution effect of economic risk on political stability, by integrating economic risk into the analysis. The results show that (1) political stability has a significant contribution to RETI, which still holds after robustness tests and the exclusion of endogeneity. (2) Mechanism analysis reveals that political stability influences RETI via three channels: financial stability, industrial stability, and R&D stability. (3) Heterogeneity analysis shows that political stability contributes more significantly to RETI in countries facing higher economic risks. A lower economic risk also promotes RETI and partially substitutes for political stability. The findings offer key insights for maintaining political stability and advancing RETI. pubtype: Academic Journal doctype: Article src: R language: English refInfo: copyright: @attributes: flag: N holdings: @attributes: islocal: N |
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