Time‐Quantile and Frequency Response of Green Growth to Energy Vulnerability, Energy Uncertainty, and Geopolitical Risks

Abstract: The study explains the time‐quantile‐frequency adjustments of green growth to energy vulnerability, energy uncertainties, and geopolitical risks (GPR) in the United States (US). Novel insights with notable policy implications emerged following the empirical analysis of monthly data spanning 2000 m1–2022 m12. The study implemented the Wavelet Quantile Correlation (WQC), Wavelet Quantile Granger Causality, and the Rolling Windows Wavelet Quantile Granger Causality to understand the dynamics among the variables. Evidence from WQC divulged time‐specific positive and negative interactions between green growth and its determinants. Specifically, energy vulnerability dampened green growth more profoundly in the immediate and medium terms. However, in the long term, green growth prospers amidst energy vulnerability. This outcome reflects some policy effectiveness that reduced the negative effects of energy vulnerability for green growth. The effects of energy uncertainties are similar to that of energy vulnerability, with more profound damaging effects in the lower medium horizon of the distributions. GPR dampened green growth in the short run and enhanced it in the medium term, but it reduced green growth more profoundly in the long run. The pleasant effects of energy efficiency and digitalization are observed mostly in the long run, with notable green growth‐reducing effects mainly in the short run.

Location
Deutsche Nationalbibliothek Frankfurt am Main
Extent
Online-Ressource
Language
Englisch

Bibliographic citation
Time‐Quantile and Frequency Response of Green Growth to Energy Vulnerability, Energy Uncertainty, and Geopolitical Risks ; day:13 ; month:10 ; year:2024 ; extent:15
Global challenges ; (13.10.2024) (gesamt 15)

Creator

DOI
10.1002/gch2.202400225
URN
urn:nbn:de:101:1-2410141410148.091386716785
Rights
Open Access; Der Zugriff auf das Objekt ist unbeschränkt möglich.
Last update
15.08.2025, 7:26 AM CEST

Data provider

This object is provided by:
Deutsche Nationalbibliothek. If you have any questions about the object, please contact the data provider.

Associated

Other Objects (12)