Corruption and renewable energy consumption in 42 developed countries: A pooled mean group analysis

Rahro, Amir and Esmaeili Korani, Amirmohammad and Raiss Shaghaghi, Samaneh (2024) Corruption and renewable energy consumption in 42 developed countries: A pooled mean group analysis. HUNGARIAN STATISTICAL REVIEW, 7 (2). pp. 28-40. ISSN 2630-9130

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Abstract

The substantial increase in global renewable energy usage has promoted research in this field,particularly in developed countries, which play a crucial role in reducing the impacts of climatechange. However, the role and effects of corruption on this type of energy have attracted lessattention. Moreover, as attention to the link between corruption and renewable energy are criticalcriteria for development, it is imperative to assess the link between corruption and renewable energy,especially in developed countries, where they claim to have succeeded in the fight against corruption.This study examines the relation between corruption and renewable energy usage in 42 developednations. The analysis employs the pooled mean group technique and covers the period between 2012–2020. Results reveal a strong and meaningful relation between the corruption perception index andrenewable energy consumption in the long term, while it is insignificant in the short term. Based onthese results, we suggest that policymakers should focus on the environmental effects of corruptionand on implementing effective policies.

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