Sep 2026· Journal of Business and Economic Management· Vol 27, pp. 744-763· 0 citations· 36 references
Abstract
This study explores the global business and policy determinants of sustainable energy efficiency across the 27 European Union member states from 2013 to 2023, using the ODEX index to measure aggregate progress in reducing energy intensity in industry, transport, and households. Based on balanced panel data from Eurostat, the World Bank, WIPO, and the Worldwide Governance Indicators, we apply fixed-effects and System GMM estimations to assess the contributions of foreign direct investment (FDI), per capita GDP growth, government effectiveness (GE), and the Global Innovation Index (GII), while controlling for the 2022 energy crisis. The results reveal strong persistence in energy efficiency patterns, a robust positive influence of the Global Innovation Index (GII), and a negative effect of GDP per capita growth through rebound mechanisms, which becomes statistically significant in the dynamic specification. Government effectiveness exerts a strong structural effect in the static model. These findings underscore the strategic role of innovation and governance in improving energy performance and inform EU policymakers on aligning investment, innovation, and institutional frameworks with the Union’s 2030 energy efficiency and 2050 carbon-neutrality objectives.
It is suggested that research and development activities are associated with higher levels of economic development across the European Union, given that the European Union has consistently failed to meet its R&D expenditure targets throughout the 2010–2024 period.
M. Tudorache, Ionuț Jianu· New Trends in Sustainable Bu...· 0 citations
This study analyzes the impact of fiscal policy on green infrastructure development in 10 Association of Southeast Asian Nations (ASEAN) countries during the period 2001–2025, using balanced panel data with 250 observations. The econometric model includes fiscal policy, green investment, environmental tax, gross domest...
L. Tam, Ngoc Phuong Tran· Journal of Governance and Re...· 0 citations
This study examines the effects of financial sector development and regulatory quality in driving the energy transition using Regulatory quality (RQ) as a moderator. The study employs a panel method, pooling data from 43 African countries, spanning from 1990 to 2022, sourced from the World Development Indicators (WDI)...
Deborah Adu-Twumwaah, Alhassan Bunyaminu, Kingsley Oti et al.· Enterprise Development and M...· 0 citations
This research analyzes the factors that influence exchange rate behavior in the E7 countries (Brazil, China, India, Indonesia, Mexico, Russia, and Turkey) from an environmental and macroeconomic standpoint. It evaluates the impact that the consumption of renewable energy, trade openness, economic growth, inflation, nat...
Wan-Li Zhang, G. Sackitey, Frank Agyemang Karikari et al.· Energy & Environment· 0 citations
: This study examines the relationship between governance, corruption, and economic growth in Zambia, providing evidence-based policy insights for sustainable economic resilience. Employing a quantitative approach, it analyzes secondary data from 1995 to 2023 using the Autoregressive Distributed Lag (ARDL) bounds testi...
K. Sichoongwe, Mayoba B. Moono, Siegfrid Nanyambo Muyenga· International journal of sci...· 0 citations
This study examined the impact of foreign resource inflows: Foreign Direct Investment (FDI),
Official Development Assistance (ODA), and Foreign Portfolio Investment (FPI) on economic
growth in selected Global South countries from 2002–2022, with emphasis on the moderating
role of corruption control and regulatory qu...
Godgift Anyamaobi Nwankwo· IIARD International Journal...· 0 citations
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