Asymmetric linkages between nuclear energy and environmental quality: Evidence from Top-10 nuclear energy consumer countries
To lay a solid basis for prosperity and competitiveness, countries should achieve balance in the three fundamental aspects: energy availability, energy affordability and ecological balance. Nuclear energy has attracted international interest as one of the most crucial environmental quality strategie...
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Format: | Article |
Language: | English |
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Elsevier
2023-05-01
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Series: | Nuclear Engineering and Technology |
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Online Access: | http://www.sciencedirect.com/science/article/pii/S1738573323000062 |
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author | Jinglei Zhang Sajid Ali Lei Ping |
author_facet | Jinglei Zhang Sajid Ali Lei Ping |
author_sort | Jinglei Zhang |
collection | DOAJ |
description | To lay a solid basis for prosperity and competitiveness, countries should achieve balance in the three fundamental aspects: energy availability, energy affordability and ecological balance. Nuclear energy has attracted international interest as one of the most crucial environmental quality strategies. The objective of this study is to analyze the non-linear link between nuclear energy and environmental quality in the top-10 nuclear energy consumer countries (USA, China, Russia, France, Canada, Spain, Sweden, South Korea, Ukraine, and Germany). Earlier research employed panel data methodologies to examine the linkage between nuclear energy and the environment, despite the fact that many nations did not independently demonstrate such a correlation. On the alternative, this study uses a novel approach known as ‘Quantile-on-Quantile,’ which allows for the analysis of time-series dependence in each country by giving universal yet country-specific insights into the relationship between the variables. Estimates show that the consumption of nuclear energy improves environmental quality by lowering ecological footprint in the majority of the nations studied at certain quantiles of data. Moreover, the data demonstrate that the degree of asymmetries between our variables changes by nation, emphasizing the importance of policymakers exercising caution when adopting nuclear energy and environmental quality regulations. |
first_indexed | 2024-03-13T10:29:02Z |
format | Article |
id | doaj.art-8854f5ef60bc46069be2a8bfe49ddffe |
institution | Directory Open Access Journal |
issn | 1738-5733 |
language | English |
last_indexed | 2024-03-13T10:29:02Z |
publishDate | 2023-05-01 |
publisher | Elsevier |
record_format | Article |
series | Nuclear Engineering and Technology |
spelling | doaj.art-8854f5ef60bc46069be2a8bfe49ddffe2023-05-19T04:45:10ZengElsevierNuclear Engineering and Technology1738-57332023-05-0155518781884Asymmetric linkages between nuclear energy and environmental quality: Evidence from Top-10 nuclear energy consumer countriesJinglei Zhang0Sajid Ali1Lei Ping2Beijing Tiandi Huatai Mining Management Company, Beijing, ChinaSchool of Economics, Bahauddin Zakariya University, Multan, PakistanSchool of Economics and Management, China University of Geosciences, Haidian District, Beijing, China; Corresponding author.To lay a solid basis for prosperity and competitiveness, countries should achieve balance in the three fundamental aspects: energy availability, energy affordability and ecological balance. Nuclear energy has attracted international interest as one of the most crucial environmental quality strategies. The objective of this study is to analyze the non-linear link between nuclear energy and environmental quality in the top-10 nuclear energy consumer countries (USA, China, Russia, France, Canada, Spain, Sweden, South Korea, Ukraine, and Germany). Earlier research employed panel data methodologies to examine the linkage between nuclear energy and the environment, despite the fact that many nations did not independently demonstrate such a correlation. On the alternative, this study uses a novel approach known as ‘Quantile-on-Quantile,’ which allows for the analysis of time-series dependence in each country by giving universal yet country-specific insights into the relationship between the variables. Estimates show that the consumption of nuclear energy improves environmental quality by lowering ecological footprint in the majority of the nations studied at certain quantiles of data. Moreover, the data demonstrate that the degree of asymmetries between our variables changes by nation, emphasizing the importance of policymakers exercising caution when adopting nuclear energy and environmental quality regulations.http://www.sciencedirect.com/science/article/pii/S1738573323000062Nuclear energyEnvironmental qualityQuantile-on-quantile estimation |
spellingShingle | Jinglei Zhang Sajid Ali Lei Ping Asymmetric linkages between nuclear energy and environmental quality: Evidence from Top-10 nuclear energy consumer countries Nuclear Engineering and Technology Nuclear energy Environmental quality Quantile-on-quantile estimation |
title | Asymmetric linkages between nuclear energy and environmental quality: Evidence from Top-10 nuclear energy consumer countries |
title_full | Asymmetric linkages between nuclear energy and environmental quality: Evidence from Top-10 nuclear energy consumer countries |
title_fullStr | Asymmetric linkages between nuclear energy and environmental quality: Evidence from Top-10 nuclear energy consumer countries |
title_full_unstemmed | Asymmetric linkages between nuclear energy and environmental quality: Evidence from Top-10 nuclear energy consumer countries |
title_short | Asymmetric linkages between nuclear energy and environmental quality: Evidence from Top-10 nuclear energy consumer countries |
title_sort | asymmetric linkages between nuclear energy and environmental quality evidence from top 10 nuclear energy consumer countries |
topic | Nuclear energy Environmental quality Quantile-on-quantile estimation |
url | http://www.sciencedirect.com/science/article/pii/S1738573323000062 |
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