Exploring the Nonlinear Effects of Sustainable Energy on CO2 Emissions: The Role of Human Resources
DOI:
https://doi.org/10.26740/akunesa.v14n03.p257-272Keywords:
CO2 Emissions, Dynamic Threshold, Human resources, Sustainable energyAbstract
The purpose of this research is to analyze the changing role of human resources and its impact on the relationship between sustainable energy and CO2 emissions. Several earlier studies either ignore the significance of human resources in this context or overlook the possibility of a nonlinear relationship between sustainable energy and CO2 emissions. The present research is motivated by this. This study analyzes data from 38 countries, representing both developing and developed nations, for the years 1999 to 2022, using a dynamic threshold panel data approach. The evidence suggests a correlation between increased use of sustainable energy and decreased carbon dioxide emissions. The data collected in the study show the existence of a human resources index that affects economic development. For developed economies, the threshold is 2.818, and for developing economies, it is 3.419. For the developing economies, the effect is twice as pronounced. The stronger effect is the reduction in sustainable energy CO2 emissions. The study found a strong inverse correlation between CO2 emissions and the human resources index. This study focuses on another area that is rarely discussed in the literature on Human Resource Dynamics Impact- Sustained Energy and CO2 emissions: concern and interaction. This study also examines the threshold effect and indexes of human resources and broadens the interpretation of the complex relationship between human resources and CO2 emissions from sustainable energy resources.
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