Nexus Between Renewable Energy Policy, Consumption, and Economic Growth in Asian Countries

This paper examines the nexus between renewable energy policies, consumption, and economic growth in Asian countries. Using a dynamic GMM model, the study finds that renewable energy policies positively impact both renewable energy consumption and economic growth, but renewable energy consumption hinders economic growth. The research emphasizes the need for well-designed policy frameworks that support renewable energy transitions and foster economic growth in the Asian countries.