Akademik Məlumat İdarəetmə Sistemi
JOURNAL OF CLEANER PRODUCTION, vol.440, 2024 (SCI-Expanded)
Despite its economic prosperity, the United States has encountered challenges in promoting ecological quality. Therefore, it is imperative for the United States to acknowledge that maintaining its economic accomplishments requires concurrent efforts to safeguard its ecological quality. To solve this challenge, this study aims to scrutinize the impact of green electricity, globalization (in terms of trade and finance), and high technology on the United States' load capacity factor. Employing quarterly frequency data spanning from 1990 to 2020, this research utilizes cutting-edge quantile-based econometric techniques, including wavelet quantile regression, which effectively captures interrelationships across various periods and quantiles. Additionally, it employs quantile causality and quantile-on-quantile regression methods, robust in handling nonlinearity, to assess the ecological repercussions of these variables. The overarching findings reveal that, high tech, financial development, economic growth, and globalization (both in trade and finance) lessen ecological quality. Conversely, green electricity consumption consistently promotes ecological quality. Furthermore, the quantile causality results unveil evidence of feedback causality between the load capacity factor and its drivers, underpinning the need for policy formulation based on these findings.