Energy Consumption and Financial Development
A special issue of Sustainability (ISSN 2071-1050). This special issue belongs to the section "Energy Sustainability".
Deadline for manuscript submissions: closed (30 June 2022) | Viewed by 27648
Special Issue Editor
Interests: applied econometrics; environmental economics; energy economics; climate change; agricultural economics; artificial intelligence; machine learning; economic policy; public finance; macroeconomic
Special Issues, Collections and Topics in MDPI journals
Special Issue Information
Dear Colleagues,
Recent studies have shown that financial development can affect energy use. Financial development helps industrial growth, creates demand for new infrastructure and, thus, positively affects energy use. Moreover, financial development can lower energy consumption by achieving its efficient use. At the consumer end, financial development lowers the cost of credit and makes it accessible. A sufficiently developed financial market enhances consumer and business participation, promotes economic activity and boosts energy use. Financial development assists with trade growth—increasing the aggregate demand—as well as the quality of infrastructure, such that it influences energy consumption.
However, the nexus between financial development and energy consumption remains a controversial topic in the economic literature. This Special Issue aims to collect original contributions on the subject, both empirical and theoretical, with analyses dedicated to different countries and conducted with different econometric techniques.
The findings will help policymakers in emerging countries to develop a strategy to reduce the impact of energy consumption by controlling resource transfer through globalisation to the host country and by adopting energy conversion policies.
Prof. Dr. Cosimo Magazzino
Guest Editor
Manuscript Submission Information
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Keywords
- energy consumption
- financial development
- CO2 emissions
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