Effect of Political Stability, Geopolitical Risk and RD Investments on Environmental Sustainability: Evidence from European Countries by Novel Quantile Models
This research investigates the effect of political stability and geopolitical risk on environmental sustainability (ES) by considering RD investments in nuclear and renewable energy. Considering the high political stability and recent energy crisis and increasing geopolitical risk, the study focuses...
Gespeichert in:
| Veröffentlicht in: | Politická ekonomie 2024-01, Vol.72 (2), p.151-180 |
|---|---|
| Hauptverfasser: | , , , |
| Format: | Artikel |
| Sprache: | eng |
| Schlagworte: | |
| Online-Zugang: | Volltext |
| Tags: |
Tag hinzufügen
Keine Tags, Fügen Sie den ersten Tag hinzu!
|
| container_end_page | 180 |
|---|---|
| container_issue | 2 |
| container_start_page | 151 |
| container_title | Politická ekonomie |
| container_volume | 72 |
| creator | Depren, Serpil Kılıç Erdogan, Sinan Kartal, Mustafa Tevfik Pata, Uğur Korkut |
| description | This research investigates the effect of political stability and geopolitical risk on environmental sustainability (ES) by considering RD investments in nuclear and renewable energy. Considering the high political stability and recent energy crisis and increasing geopolitical risk, the study focuses on three leading European countries. We use the load capacity factor, include data between 1985/1 and 2020/12, and apply quantile on quantile regression (QQ), Granger causality in quantiles (GQ), and quantile regression (QR) models. The study finds that in higher quantiles (i) increasing political stability stimulates the ES in Sweden and the United Kingdom; (ii) increasing geopolitical risk supports the ES in France; (iii) RD investments increase the ES in all the countries; (iv) there are generally causal effects from the explanatory variables to the ES except some quantiles (0.45–0.50) in all the countries; (v) the power effects of the variables differ according to countries, quantiles and variables. |
| doi_str_mv | 10.18267/j.polek.1413 |
| format | Article |
| fullrecord | <record><control><sourceid>ceeol_proqu</sourceid><recordid>TN_cdi_proquest_journals_3054206160</recordid><sourceformat>XML</sourceformat><sourcesystem>PC</sourcesystem><ceeol_id>1251157</ceeol_id><sourcerecordid>1251157</sourcerecordid><originalsourceid>FETCH-LOGICAL-c359t-583c37f9c335840065fe23f6fa987fc3cabaa99e36f078f243911ad9a5aabf9a3</originalsourceid><addsrcrecordid>eNpFkU1rGzEQhkVpoCbJscfCQK9dVx-r_eituNs0kDYfbc_LWB6BnLW0lbQG_5n-1q4T05yGd3h4huFl7K3gS9HIqv64XY5hoMelKIV6xRZSqapopNSv2YJzJQs1b96wy5S2nHPJy6ap5IL97awlkyFYuAuDy87gAD8zrt0cDh_gisL4f__g0iOg38DDF7j2e0p5Rz4nCB46v3cx-GM-CqaU0fmT5RN0e7chbwhsDDvophhGQg-rMPkcHSVYH-BH2NMA9xP67AaC72FDQ7pgZxaHRJenec5-f-1-rb4VN7dX16vPN4VRus2FbpRRtW2NUropOa-0JalsZbFtamuUwTVi25KqLK8bK0vVCoGbFjXi2raoztn7Z-8Yw59pfqzfhin6-WSvuC4lr0TFZ6p4pkwMKUWy_RjdDuOhF7x_aqHf9k8t9McWZv7diScKw4tSSC2ErtU_MhSIbA</addsrcrecordid><sourcetype>Aggregation Database</sourcetype><iscdi>true</iscdi><recordtype>article</recordtype><pqid>3054206160</pqid></control><display><type>article</type><title>Effect of Political Stability, Geopolitical Risk and RD Investments on Environmental Sustainability: Evidence from European Countries by Novel Quantile Models</title><source>Worldwide Political Science Abstracts</source><source>Elektronische Zeitschriftenbibliothek - Frei zugängliche E-Journals</source><creator>Depren, Serpil Kılıç ; Erdogan, Sinan ; Kartal, Mustafa Tevfik ; Pata, Uğur Korkut</creator><creatorcontrib>Depren, Serpil Kılıç ; Erdogan, Sinan ; Kartal, Mustafa Tevfik ; Pata, Uğur Korkut</creatorcontrib><description>This research investigates the effect of political stability and geopolitical risk on environmental sustainability (ES) by considering RD investments in nuclear and renewable energy. Considering the high political stability and recent energy crisis and increasing geopolitical risk, the study focuses on three leading European countries. We use the load capacity factor, include data between 1985/1 and 2020/12, and apply quantile on quantile regression (QQ), Granger causality in quantiles (GQ), and quantile regression (QR) models. The study finds that in higher quantiles (i) increasing political stability stimulates the ES in Sweden and the United Kingdom; (ii) increasing geopolitical risk supports the ES in France; (iii) RD investments increase the ES in all the countries; (iv) there are generally causal effects from the explanatory variables to the ES except some quantiles (0.45–0.50) in all the countries; (v) the power effects of the variables differ according to countries, quantiles and variables.</description><identifier>ISSN: 0032-3233</identifier><identifier>EISSN: 2336-8225</identifier><identifier>DOI: 10.18267/j.polek.1413</identifier><language>eng</language><publisher>Prague: Vysoká škola ekonomická v Praze</publisher><subject>Causality ; Econometrics ; Economy ; Energy and Environmental Studies ; Energy shortages ; Environmental and Energy policy ; Geopolitics ; Investments ; National Economy ; Nuclear energy ; Political risk ; Political Sciences ; R&D ; Regression analysis ; Renewable energy ; Renewable resources ; Research & development ; Risk ; Socio-Economic Research ; Stability ; Sustainability ; Sustainable development ; Variables</subject><ispartof>Politická ekonomie, 2024-01, Vol.72 (2), p.151-180</ispartof><rights>Copyright Vysoká Skola Ekonomická 2024</rights><lds50>peer_reviewed</lds50><oa>free_for_read</oa><woscitedreferencessubscribed>false</woscitedreferencessubscribed><citedby>FETCH-LOGICAL-c359t-583c37f9c335840065fe23f6fa987fc3cabaa99e36f078f243911ad9a5aabf9a3</citedby><cites>FETCH-LOGICAL-c359t-583c37f9c335840065fe23f6fa987fc3cabaa99e36f078f243911ad9a5aabf9a3</cites><orcidid>0000-0001-8038-8241 ; 0000-0003-3491-8234 ; 0000-0002-2853-4106 ; 0000-0003-4737-7131</orcidid></display><links><openurl>$$Topenurl_article</openurl><openurlfulltext>$$Topenurlfull_article</openurlfulltext><thumbnail>$$Uhttps://www.ceeol.com//api/image/getissuecoverimage?id=picture_2024_82847.jpg</thumbnail><link.rule.ids>314,780,784,27924,27925</link.rule.ids></links><search><creatorcontrib>Depren, Serpil Kılıç</creatorcontrib><creatorcontrib>Erdogan, Sinan</creatorcontrib><creatorcontrib>Kartal, Mustafa Tevfik</creatorcontrib><creatorcontrib>Pata, Uğur Korkut</creatorcontrib><title>Effect of Political Stability, Geopolitical Risk and RD Investments on Environmental Sustainability: Evidence from European Countries by Novel Quantile Models</title><title>Politická ekonomie</title><addtitle>Political Economy</addtitle><description>This research investigates the effect of political stability and geopolitical risk on environmental sustainability (ES) by considering RD investments in nuclear and renewable energy. Considering the high political stability and recent energy crisis and increasing geopolitical risk, the study focuses on three leading European countries. We use the load capacity factor, include data between 1985/1 and 2020/12, and apply quantile on quantile regression (QQ), Granger causality in quantiles (GQ), and quantile regression (QR) models. The study finds that in higher quantiles (i) increasing political stability stimulates the ES in Sweden and the United Kingdom; (ii) increasing geopolitical risk supports the ES in France; (iii) RD investments increase the ES in all the countries; (iv) there are generally causal effects from the explanatory variables to the ES except some quantiles (0.45–0.50) in all the countries; (v) the power effects of the variables differ according to countries, quantiles and variables.</description><subject>Causality</subject><subject>Econometrics</subject><subject>Economy</subject><subject>Energy and Environmental Studies</subject><subject>Energy shortages</subject><subject>Environmental and Energy policy</subject><subject>Geopolitics</subject><subject>Investments</subject><subject>National Economy</subject><subject>Nuclear energy</subject><subject>Political risk</subject><subject>Political Sciences</subject><subject>R&D</subject><subject>Regression analysis</subject><subject>Renewable energy</subject><subject>Renewable resources</subject><subject>Research & development</subject><subject>Risk</subject><subject>Socio-Economic Research</subject><subject>Stability</subject><subject>Sustainability</subject><subject>Sustainable development</subject><subject>Variables</subject><issn>0032-3233</issn><issn>2336-8225</issn><fulltext>true</fulltext><rsrctype>article</rsrctype><creationdate>2024</creationdate><recordtype>article</recordtype><sourceid>REL</sourceid><sourceid>7UB</sourceid><recordid>eNpFkU1rGzEQhkVpoCbJscfCQK9dVx-r_eituNs0kDYfbc_LWB6BnLW0lbQG_5n-1q4T05yGd3h4huFl7K3gS9HIqv64XY5hoMelKIV6xRZSqapopNSv2YJzJQs1b96wy5S2nHPJy6ap5IL97awlkyFYuAuDy87gAD8zrt0cDh_gisL4f__g0iOg38DDF7j2e0p5Rz4nCB46v3cx-GM-CqaU0fmT5RN0e7chbwhsDDvophhGQg-rMPkcHSVYH-BH2NMA9xP67AaC72FDQ7pgZxaHRJenec5-f-1-rb4VN7dX16vPN4VRus2FbpRRtW2NUropOa-0JalsZbFtamuUwTVi25KqLK8bK0vVCoGbFjXi2raoztn7Z-8Yw59pfqzfhin6-WSvuC4lr0TFZ6p4pkwMKUWy_RjdDuOhF7x_aqHf9k8t9McWZv7diScKw4tSSC2ErtU_MhSIbA</recordid><startdate>20240101</startdate><enddate>20240101</enddate><creator>Depren, Serpil Kılıç</creator><creator>Erdogan, Sinan</creator><creator>Kartal, Mustafa Tevfik</creator><creator>Pata, Uğur Korkut</creator><general>Vysoká škola ekonomická v Praze</general><general>Prague University of Economics and Business</general><general>Vysoká Skola Ekonomická</general><scope>AE2</scope><scope>BIXPP</scope><scope>REL</scope><scope>AAYXX</scope><scope>CITATION</scope><scope>7UB</scope><scope>8BJ</scope><scope>FQK</scope><scope>JBE</scope><orcidid>https://orcid.org/0000-0001-8038-8241</orcidid><orcidid>https://orcid.org/0000-0003-3491-8234</orcidid><orcidid>https://orcid.org/0000-0002-2853-4106</orcidid><orcidid>https://orcid.org/0000-0003-4737-7131</orcidid></search><sort><creationdate>20240101</creationdate><title>Effect of Political Stability, Geopolitical Risk and RD Investments on Environmental Sustainability: Evidence from European Countries by Novel Quantile Models</title><author>Depren, Serpil Kılıç ; Erdogan, Sinan ; Kartal, Mustafa Tevfik ; Pata, Uğur Korkut</author></sort><facets><frbrtype>5</frbrtype><frbrgroupid>cdi_FETCH-LOGICAL-c359t-583c37f9c335840065fe23f6fa987fc3cabaa99e36f078f243911ad9a5aabf9a3</frbrgroupid><rsrctype>articles</rsrctype><prefilter>articles</prefilter><language>eng</language><creationdate>2024</creationdate><topic>Causality</topic><topic>Econometrics</topic><topic>Economy</topic><topic>Energy and Environmental Studies</topic><topic>Energy shortages</topic><topic>Environmental and Energy policy</topic><topic>Geopolitics</topic><topic>Investments</topic><topic>National Economy</topic><topic>Nuclear energy</topic><topic>Political risk</topic><topic>Political Sciences</topic><topic>R&D</topic><topic>Regression analysis</topic><topic>Renewable energy</topic><topic>Renewable resources</topic><topic>Research & development</topic><topic>Risk</topic><topic>Socio-Economic Research</topic><topic>Stability</topic><topic>Sustainability</topic><topic>Sustainable development</topic><topic>Variables</topic><toplevel>peer_reviewed</toplevel><toplevel>online_resources</toplevel><creatorcontrib>Depren, Serpil Kılıç</creatorcontrib><creatorcontrib>Erdogan, Sinan</creatorcontrib><creatorcontrib>Kartal, Mustafa Tevfik</creatorcontrib><creatorcontrib>Pata, Uğur Korkut</creatorcontrib><collection>Central and Eastern European Online Library (C.E.E.O.L.) (DFG Nationallizenzen)</collection><collection>CEEOL: Open Access</collection><collection>Central and Eastern European Online Library</collection><collection>CrossRef</collection><collection>Worldwide Political Science Abstracts</collection><collection>International Bibliography of the Social Sciences (IBSS)</collection><collection>International Bibliography of the Social Sciences</collection><collection>International Bibliography of the Social Sciences</collection><jtitle>Politická ekonomie</jtitle></facets><delivery><delcategory>Remote Search Resource</delcategory><fulltext>fulltext</fulltext></delivery><addata><au>Depren, Serpil Kılıç</au><au>Erdogan, Sinan</au><au>Kartal, Mustafa Tevfik</au><au>Pata, Uğur Korkut</au><format>journal</format><genre>article</genre><ristype>JOUR</ristype><atitle>Effect of Political Stability, Geopolitical Risk and RD Investments on Environmental Sustainability: Evidence from European Countries by Novel Quantile Models</atitle><jtitle>Politická ekonomie</jtitle><addtitle>Political Economy</addtitle><date>2024-01-01</date><risdate>2024</risdate><volume>72</volume><issue>2</issue><spage>151</spage><epage>180</epage><pages>151-180</pages><issn>0032-3233</issn><eissn>2336-8225</eissn><abstract>This research investigates the effect of political stability and geopolitical risk on environmental sustainability (ES) by considering RD investments in nuclear and renewable energy. Considering the high political stability and recent energy crisis and increasing geopolitical risk, the study focuses on three leading European countries. We use the load capacity factor, include data between 1985/1 and 2020/12, and apply quantile on quantile regression (QQ), Granger causality in quantiles (GQ), and quantile regression (QR) models. The study finds that in higher quantiles (i) increasing political stability stimulates the ES in Sweden and the United Kingdom; (ii) increasing geopolitical risk supports the ES in France; (iii) RD investments increase the ES in all the countries; (iv) there are generally causal effects from the explanatory variables to the ES except some quantiles (0.45–0.50) in all the countries; (v) the power effects of the variables differ according to countries, quantiles and variables.</abstract><cop>Prague</cop><pub>Vysoká škola ekonomická v Praze</pub><doi>10.18267/j.polek.1413</doi><tpages>29</tpages><orcidid>https://orcid.org/0000-0001-8038-8241</orcidid><orcidid>https://orcid.org/0000-0003-3491-8234</orcidid><orcidid>https://orcid.org/0000-0002-2853-4106</orcidid><orcidid>https://orcid.org/0000-0003-4737-7131</orcidid><oa>free_for_read</oa></addata></record> |
| fulltext | fulltext |
| identifier | ISSN: 0032-3233 |
| ispartof | Politická ekonomie, 2024-01, Vol.72 (2), p.151-180 |
| issn | 0032-3233 2336-8225 |
| language | eng |
| recordid | cdi_proquest_journals_3054206160 |
| source | Worldwide Political Science Abstracts; Elektronische Zeitschriftenbibliothek - Frei zugängliche E-Journals |
| subjects | Causality Econometrics Economy Energy and Environmental Studies Energy shortages Environmental and Energy policy Geopolitics Investments National Economy Nuclear energy Political risk Political Sciences R&D Regression analysis Renewable energy Renewable resources Research & development Risk Socio-Economic Research Stability Sustainability Sustainable development Variables |
| title | Effect of Political Stability, Geopolitical Risk and RD Investments on Environmental Sustainability: Evidence from European Countries by Novel Quantile Models |
| url | https://sfx.bib-bvb.de/sfx_tum?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&ctx_tim=2025-01-07T02%3A01%3A20IST&url_ver=Z39.88-2004&url_ctx_fmt=infofi/fmt:kev:mtx:ctx&rfr_id=info:sid/primo.exlibrisgroup.com:primo3-Article-ceeol_proqu&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=article&rft.atitle=Effect%20of%20Political%20Stability,%20Geopolitical%20Risk%20and%20RD%20Investments%20on%20Environmental%20Sustainability:%20Evidence%20from%20European%20Countries%20by%20Novel%20Quantile%20Models&rft.jtitle=Politick%C3%A1%20ekonomie&rft.au=Depren,%20Serpil%20K%C4%B1l%C4%B1%C3%A7&rft.date=2024-01-01&rft.volume=72&rft.issue=2&rft.spage=151&rft.epage=180&rft.pages=151-180&rft.issn=0032-3233&rft.eissn=2336-8225&rft_id=info:doi/10.18267/j.polek.1413&rft_dat=%3Cceeol_proqu%3E1251157%3C/ceeol_proqu%3E%3Curl%3E%3C/url%3E&disable_directlink=true&sfx.directlink=off&sfx.report_link=0&rft_id=info:oai/&rft_pqid=3054206160&rft_id=info:pmid/&rft_ceeol_id=1251157&rfr_iscdi=true |