The Nonlinear Nexus of Climate Policy Uncertainty and Renewable Energy Consumption in the United States of America: A Markov-Switching Approach

The Nonlinear Nexus of Climate Policy Uncertainty and Renewable Energy Consumption in the United States of America: A Markov-Switching Approach

We employ a Markov-Switching regression model using monthly US data from April 1987 to August 2022 to investigate the effect of climate policy uncertainty (CPU) on renewable energy consumption (REC). The main findings suggest the presence of a nonlinear relationship between CPU and REC. The baselin...

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Bibliographic Details
Main Authors: Sekar Utami Setiastuti, Mohammad Arief Rajendra
Format: Article
Language:English
Published: EconJournals 2024-09-01
Series:International Journal of Energy Economics and Policy
Subjects:
Climate Policy Uncertainty, Environmental Policy Uncertainty, Renewable Energy Demand, Markov-Switching Regression
Online Access:http://econjournals.com/index.php/ijeep/article/view/16574

Internet

http://econjournals.com/index.php/ijeep/article/view/16574

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