AUTHOR=Lu Zhou , Zhu Linchuang , Lau Chi Keung Marco , Isah Aliyu Buhari , Zhu Xiaoxian TITLE=The Role of Economic Policy Uncertainty in Renewable Energy-Growth Nexus: Evidence From the Rossi-Wang Causality Test JOURNAL=Frontiers in Energy Research VOLUME=9 YEAR=2021 URL=https://www.frontiersin.org/journals/energy-research/articles/10.3389/fenrg.2021.750652 DOI=10.3389/fenrg.2021.750652 ISSN=2296-598X ABSTRACT=

This paper examines the causal relationship between renewable energy consumption and economic growth in four countries: Brazil, Germany, Japan, and the United States. Unlike previous papers, we control economic policy uncertainty’s effects to capture the role of capabilities on the renewable energy-growth nexus. The recent Vector Autoregression (VAR)-based Granger-causality test of Rossi-Wang shows a bidirectional causal relationship between renewable energy and the economic growth in Brazil and Germany. There is also a significant causality from renewables to economic growth in the United States.