IDEAS home Printed from https://ideas.repec.org/a/kap/ecopln/v57y2024i3d10.1007_s10644-024-09650-9.html
   My bibliography  Save this article

RETRACTED ARTICLE: Investing energy transition future: a comprehensive assessment of financial and non-financial factors that affect access to capital

Author

Listed:
  • Zhongchao Dong

    (Zhengzhou University of Aeronautics)

  • Haiou Du

    (Zhengzhou University of Aeronautics)

Abstract

The study aims to test the energy transition future through financial and non-financial factors of access to capital in energy industries during 2001–2022. This study explores a wide array of financial and non-financial variables that influence access to capital in this sector. Utilizing panel data and the quantile autoregressive distributing lag (PQARDL) method, we examine the immediate and long-term effects of urbanization and the efficacy of educational institutions. The study analyzes the changing landscape of renewable energy, carbon markets, and sustainable infrastructure projects, tracing their impact on investment decisions. Furthermore, the study emphasizes the growing importance of environmental, social, and governance (ESG) criteria in investment evaluations and decision-making processes. By adopting a present perfect tense, this abstract emphasizes the ongoing relevance of the research and its implications for navigating the complexities of financing the energy transition. This paper aims to provide valuable insights for investors, policymakers, and stakeholders as they navigate the transformative landscape of sustainable investing in the energy transition era. The study also offers possible implications for the key stakeholders.

Suggested Citation

  • Zhongchao Dong & Haiou Du, 2024. "RETRACTED ARTICLE: Investing energy transition future: a comprehensive assessment of financial and non-financial factors that affect access to capital," Economic Change and Restructuring, Springer, vol. 57(3), pages 1-25, June.
    • Handle: RePEc:kap:ecopln:v:57:y:2024:i:3:d:10.1007_s10644-024-09650-9
    DOI: 10.1007/s10644-024-09650-9
    as

    Download full text from publisher

    File URL: http://link.springer.com/10.1007/s10644-024-09650-9
    File Function: Abstract
    Download Restriction: Access to the full text of the articles in this series is restricted.
    File URL: https://libkey.io/10.1007/s10644-024-09650-9?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    References listed on IDEAS

    as
    1. Imrohoroglu, Ayse & Merlo, Antonio & Rupert, Peter, 2000. "On the Political Economy of Income Redistribution and Crime," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 41(1), pages 1-25, February.
    2. Johansen, Soren & Juselius, Katarina, 1990. "Maximum Likelihood Estimation and Inference on Cointegration--With Applications to the Demand for Money," Oxford Bulletin of Economics and Statistics, Department of Economics, University of Oxford, vol. 52(2), pages 169-210, May.
    3. Paul E. Brockway & Anne Owen & Lina I. Brand-Correa & Lukas Hardt, 2019. "Estimation of global final-stage energy-return-on-investment for fossil fuels with comparison to renewable energy sources," Nature Energy, Nature, vol. 4(7), pages 612-621, July.
    4. Kegomoditswe Koitsiwe & Tsuyoshi Adachi, 2015. "Relationship between mining revenue, government consumption, exchange rate and economic growth in Botswana," Contaduría y Administración, Accounting and Management, vol. 60(5), pages 133-148, Octubre-D.
    5. Sudhanshu Joshi & Manu Sharma & Banu Y. Ekren & Yigit Kazancoglu & Sunil Luthra & Mukesh Prasad, 2023. "Assessing Supply Chain Innovations for Building Resilient Food Supply Chains: An Emerging Economy Perspective," Sustainability, MDPI, vol. 15(6), pages 1-21, March.
    6. Soytas, Ugur & Sari, Ramazan, 2006. "Energy consumption and income in G-7 countries," Journal of Policy Modeling, Elsevier, vol. 28(7), pages 739-750, October.
    7. Jr-Tsung Huang & Ming-Lei Chang, 2018. "Fiscal Transparency And Foreign Direct Investment In China," The Singapore Economic Review (SER), World Scientific Publishing Co. Pte. Ltd., vol. 63(04), pages 839-859, September.
    8. Juan Zhang & Qi Yu & Fashan Zheng & Chao Long & Zuxun Lu & Zhiguang Duan, 2016. "Comparing keywords plus of WOS and author keywords: A case study of patient adherence research," Journal of the Association for Information Science & Technology, Association for Information Science & Technology, vol. 67(4), pages 967-972, April.
    9. Hu, Yu & Chi, Yuanying & Zhao, Hao & Zhou, Wenbing, 2022. "The development of renewable energy industry under renewable portfolio standards: From the perspective of provincial resource differences," Energy Policy, Elsevier, vol. 170(C).
    10. Blesl, Markus & Das, Anjana & Fahl, Ulrich & Remme, Uwe, 2007. "Role of energy efficiency standards in reducing CO2 emissions in Germany: An assessment with TIMES," Energy Policy, Elsevier, vol. 35(2), pages 772-785, February.
    11. Ning, Lutao & Guo, Rui, 2022. "Technological Diversification to Green Domains: Technological Relatedness, Invention Impact and Knowledge Integration Capabilities," Research Policy, Elsevier, vol. 51(1).
    12. Bernard Cova & Simona D'Antone, 2016. "Brand Iconicity vs. Anti-Consumption Well-Being Concerns: The Nutella Palm Oil Conflict," Journal of Consumer Affairs, Wiley Blackwell, vol. 50(1), pages 166-192, March.
    13. Zachariadis, Theodoros, 2005. "Assessing policies towards sustainable transport in Europe: an integrated model," Energy Policy, Elsevier, vol. 33(12), pages 1509-1525, August.
    14. Gao, Huasheng & Hsu, Po-Hsuan & Li, Kai & Zhang, Jin, 2020. "The Real Effect of Smoking Bans: Evidence from Corporate Innovation," Journal of Financial and Quantitative Analysis, Cambridge University Press, vol. 55(2), pages 387-427, March.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Mehdi Abid & Rafaa Mraihi, 2015. "Energy Consumption and Industrial Production: Evidence from Tunisia at Both Aggregated and Disaggregated Levels," Journal of the Knowledge Economy, Springer;Portland International Center for Management of Engineering and Technology (PICMET), vol. 6(4), pages 1123-1137, December.
    2. Kanjilal, Kakali & Ghosh, Sajal, 2013. "Environmental Kuznet’s curve for India: Evidence from tests for cointegration with unknown structuralbreaks," Energy Policy, Elsevier, vol. 56(C), pages 509-515.
    3. Ghosh, Sajal, 2010. "Examining carbon emissions economic growth nexus for India: A multivariate cointegration approach," Energy Policy, Elsevier, vol. 38(6), pages 3008-3014, June.
    4. Dakpogan, Arnaud & Smit, Eon, 2018. "The effect of electricity losses on GDP in Benin," MPRA Paper 89545, University Library of Munich, Germany.
    5. Özgür Özaydın* & H. Alper Güzel, 2019. "Oil Consumption and Economic Growth in Turkey: An ARDL Bounds Test Approach in the Presence of Structural Breaks," Business, Management and Economics Research, Academic Research Publishing Group, vol. 5(6), pages 77-85, 06-2019.
    6. Salmanzadeh-Meydani, N. & Fatemi Ghomi, S.M.T., 2019. "The causal relationship among electricity consumption, economic growth and capital stock in Iran," Journal of Policy Modeling, Elsevier, vol. 41(6), pages 1230-1256.
    7. Cosimo Magazzino, 2012. "On the Relationship between Disaggregated Energy Production and GDP in Italy," Energy & Environment, , vol. 23(8), pages 1191-1207, December.
    8. Gross, Christian, 2012. "Explaining the (non-) causality between energy and economic growth in the U.S.—A multivariate sectoral analysis," Energy Economics, Elsevier, vol. 34(2), pages 489-499.
    9. Bastola, Umesh & Sapkota, Pratikshya, 2015. "Relationships among energy consumption, pollution emission, and economic growth in Nepal," Energy, Elsevier, vol. 80(C), pages 254-262.
    10. Alam, Mohammad Jahangir & Ahmed, Mumtaz & Begum, Ismat Ara, 2017. "Nexus between non-renewable energy demand and economic growth in Bangladesh: Application of Maximum Entropy Bootstrap approach," Renewable and Sustainable Energy Reviews, Elsevier, vol. 72(C), pages 399-406.
    11. Amiri, Arshia & Zibaei, Mansour, 2012. "Granger causality between energy use and economic growth in France with using geostatistical models," MPRA Paper 36357, University Library of Munich, Germany.
    12. Caraiani, Chirața & Lungu, Camelia I. & Dascălu, Cornelia, 2015. "Energy consumption and GDP causality: A three-step analysis for emerging European countries," Renewable and Sustainable Energy Reviews, Elsevier, vol. 44(C), pages 198-210.
    13. Muhammad Tariq Mahmood & Sadaf Shahab, 2014. "Energy, Emissions and the Economy: Empirical Analysis from Pakistan," The Pakistan Development Review, Pakistan Institute of Development Economics, vol. 53(4), pages 383-401.
    14. Salim, Ruhul A. & Islam, Nazrul, 2010. "Exploring the impact of R&D and climate change on agricultural productivity growth: the case of Western Australia," Australian Journal of Agricultural and Resource Economics, Australian Agricultural and Resource Economics Society, vol. 54(4), pages 1-22.
    15. Kandemir Kocaaslan, Ozge, 2013. "The causal link between energy and output growth: Evidence from Markov switching Granger causality," Energy Policy, Elsevier, vol. 63(C), pages 1196-1206.
    16. Abbas, Faisal & Choudhury, Nirmalya, 2013. "Electricity consumption-economic growth Nexus: An aggregated and disaggregated causality analysis in India and Pakistan," Journal of Policy Modeling, Elsevier, vol. 35(4), pages 538-553.
    17. Shahbaz, Muhammad & Solarin, Sakiru Adebola & Hammoudeh, Shawkat & Shahzad, Syed Jawad Hussain, 2017. "Bounds testing approach to analyzing the environment Kuznets curve hypothesis with structural beaks: The role of biomass energy consumption in the United States," Energy Economics, Elsevier, vol. 68(C), pages 548-565.
    18. Cosimo Magazzino, 2015. "Energy consumption and GDP in Italy: cointegration and causality analysis," Environment, Development and Sustainability: A Multidisciplinary Approach to the Theory and Practice of Sustainable Development, Springer, vol. 17(1), pages 137-153, February.
    19. Dogan, Eyup, 2015. "The relationship between economic growth and electricity consumption from renewable and non-renewable sources: A study of Turkey," Renewable and Sustainable Energy Reviews, Elsevier, vol. 52(C), pages 534-546.
    20. Bloch, Harry & Rafiq, Shuddhasattwa & Salim, Ruhul, 2012. "Coal consumption, CO2 emission and economic growth in China: Empirical evidence and policy responses," Energy Economics, Elsevier, vol. 34(2), pages 518-528.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:kap:ecopln:v:57:y:2024:i:3:d:10.1007_s10644-024-09650-9. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Sonal Shukla or Springer Nature Abstracting and Indexing (email available below). General contact details of provider: http://www.springer.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.