IDEAS home Printed from https://ideas.repec.org/a/taf/jsustf/v14y2024i1p161-183.html
   My bibliography  Save this article

Do financial incentive policies for renewable energy development increase the economic growth in Latin American and Caribbean countries?

Author

Listed:
  • Matheus Koengkan
  • José Alberto Fuinhas
  • Emad Kazemzadeh

Abstract

This investigation approached the impact of financial incentive policies for renewable energy development on economic growth using panel data with seventeen countries from Latin America and the Caribbean (LAC) from 1990 to 2016. The fixed-effects model (FE) and the quantile via moments (QvM) models were used to accomplish this investigation. The FE and the QvM models showed that the financial incentive policies for renewable energy development and consumption of green energy, public and private capital stock, and globalisation increase economic activity in the countries from the LAC region, while gender inequality reduces it. Indeed, the positive impact of financial incentive policies for renewable energy development and consumption of green energy on economic growth could be related to the possible capacity of these policies to encourage investments in green energy technologies and the consumption of green energy.

Suggested Citation

  • Matheus Koengkan & José Alberto Fuinhas & Emad Kazemzadeh, 2024. "Do financial incentive policies for renewable energy development increase the economic growth in Latin American and Caribbean countries?," Journal of Sustainable Finance & Investment, Taylor & Francis Journals, vol. 14(1), pages 161-183, January.
    • Handle: RePEc:taf:jsustf:v:14:y:2024:i:1:p:161-183
    DOI: 10.1080/20430795.2022.2031849
    as

    Download full text from publisher

    File URL: http://hdl.handle.net/10.1080/20430795.2022.2031849
    Download Restriction: Access to full text is restricted to subscribers.
    File URL: https://libkey.io/10.1080/20430795.2022.2031849?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.

    More about this item

    Statistics

    Access and download statistics

    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:taf:jsustf:v:14:y:2024:i:1:p:161-183. 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.

    We have no bibliographic references for this item. You can help adding them by using 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: Chris Longhurst (email available below). General contact details of provider: http://www.tandfonline.com/TSFI20 .

    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.