Repositorio
Institucional

Rubilar-Torrealba, Rolando

Chahuan-Jimenez, Karime

de la Fuente-mella, Hanns

Geldres-Weiss, Valeska V.

Cluster Analysis and Macroeconomic Indicators and Their Effects on the Evolution of the Use of Clean Energies

MDPI

ENERGIES

en

The aim of this research is to relate clean energies, CO2 emissions, and economic variables. Relationships can be generated that characterize countries that manage to relate the use of clean energy with GDP, economic openness, and economic growth. We employ a quantitative methodology that utilizes clustering techniques to identify distinct groups of countries based on their susceptibility to climate change impacts. Subsequently, we employ a generalized linear model approach to estimate the investment behaviors of these country groups in alternative energy sources in relation to CO2 emissions and macroeconomic variables. The clusters reveal that the countries grouped in each cluster exhibit significantly distinct behaviors among the clusters. This differentiation is grounded in the countries under analysis, showing the evolution of the countries in terms of the use of clean energy and the emission of CO(2 )in relation to macroeconomic variables. According to the conducted research, there are different groups with differentiated behavior in terms of energy consumption and CO2 emissions, which implies the implementation of policies consistent with the development characteristics of the countries and how they cope with climate risk. Moreover, as a result of this research, a recommendation for policy makers could be that sustainable and clean development countries are based in three different sustainability dimensions: environmental, economic, and social.

2023

artículo original

10.3390/en16227561

PDF

CO2 emissions

GDP

clean energy

macroeconomic variables

cluster analysis

econometric models

Energía y combustibles

Emisiones de CO2

PIB

energia limpia

variables macroeconómicas

análisis de conglomerados

modelos econométricos

artículo original

versión publicada

CC BY 4.0

CC BY 4.0

acceso abierto

acceso abierto

WOS:001120176900001

verde# dorado

Energía y combustibles

ANID