Investigating the effect of globalization on clean energy consumption in selected countries
Subject Areas :Solale Moslemi 1 * , Hoda Zobeiri 2 , Maryam Khalili Asl 3
1 - University of Mazandaran
2 -
3 -
Keywords: Keywords: Globalization, Energy Consumption, Clean Energy.,
Abstract :
Solale Moslemi Hoda Zobeiri Maryam Khalili Asl Abstract In the process of globalization, the economic borders between countries become less and less, and the increasing mobility of resources, technology, goods, services, capital and even human power across borders becomes easier. As a result, this phenomenon leads to an increase in production and consumption in countries. The movement of developing countries towards the creation of an open economic space and integration into the global economy includes various changes and results, one of the most important changes being in the field of energy. Considering the speed of industrialization and globalization of many countries in order to achieve higher economic growth, energy consumption in the world is increasing. On the other hand, one of the most important concerns of human society since the 1990s is the environment and its health, which shows the necessity of using clean energy to achieve this goal. In this regard, the aim of this study is to investigate the impact of globalization on clean energy consumption in 12 countries during the years 1991-2014 using the panel data method. The model estimation results show that globalization has a negative relationship, financial development and urban population have a positive relationship with clean energy consumption, and GDP growth has no significant relationship with clean energy consumption.