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What is Financial Development and Energy Transition Analysis about?

This study examines the impact of financial development and human capital on energy consumption across 134 countries from 1996 to 2019. It finds that financial development significantly reduces fossil fuel consumption but has a non-significant positive effect on renewable energy consumption, while human capital development shows an enhancing but non-significant effect on energy transition. The results suggest the need for policies to promote eco-innovation and increase investments in human capital for susta

Author

tixy2025

Language

EN