The Role of Energy Efficiency, Renewable Resources, Green Innovation, and Fiscal Decentralization in Sustainable Development: Evidence From OECD Countries

dc.contributor.author Binsaeed, Rima H.
dc.contributor.author Khan, Zeeshan
dc.contributor.author Dogan, Eyup
dc.contributor.author Rahim, Syed
dc.date.accessioned 2025-09-25T10:59:35Z
dc.date.available 2025-09-25T10:59:35Z
dc.date.issued 2025
dc.description.abstract Energy efficiency and renewable resources for sustainable development are novel discussion areas for academics and researchers. Similarly, most developed and emerging countries are experiencing fiscal decentralization to enhance regional development. However, the importance of these sectors in sustainable development is still unclear in the literature. This research investigates the influence of energy efficiency, renewable energy, green innovation, and fiscal decentralization on sustainable development. Using the data for 18 fiscally decentralized OECD countries from 1995 to 2020, the roles of linear and nonlinear green innovation and renewable energy are also considered. This study uses novel moment quantile regression and finds that revenue decentralization, expenditure decentralization, and fiscal decentralization are significant drivers of sustainable development. Additionally, energy efficiency and value-added manufacturing significantly enhance sustainability in the region. However, green innovation and renewables are resources that exhibit a U-shaped association with sustainable development. The robustness of these results is validated via a series of parametric and nonparametric approaches. From the policy perspective, this research suggests improved research and development on renewable energy, green innovation, and energy efficiency could significantly encourage the OECD's journey towards sustainable development. Additionally, subnational governments should be given more fiscal autonomy, which may encourage regional level investments and boost the confidence of clean energy producing sectors to accelerate sustainable regional development. en_US
dc.description.sponsorship King Saud University, Saudi Arabia [RSP2025R203] en_US
dc.description.sponsorship This work was supported by the Researchers Supporting Project RSP2025R203, King Saud University, Saudi Arabia. en_US
dc.identifier.doi 10.1016/j.jup.2025.101915
dc.identifier.issn 0957-1787
dc.identifier.issn 1878-4356
dc.identifier.scopus 2-s2.0-86000582260
dc.identifier.uri https://doi.org/10.1016/j.jup.2025.101915
dc.identifier.uri https://hdl.handle.net/20.500.12573/4849
dc.language.iso en en_US
dc.publisher Elsevier Sci Ltd en_US
dc.relation.ispartof Utilities Policy en_US
dc.rights info:eu-repo/semantics/closedAccess en_US
dc.subject Sustainable Development en_US
dc.subject Energy Efficiency en_US
dc.subject Green Innovation en_US
dc.subject Clean Energy en_US
dc.title The Role of Energy Efficiency, Renewable Resources, Green Innovation, and Fiscal Decentralization in Sustainable Development: Evidence From OECD Countries en_US
dc.type Article en_US
dspace.entity.type Publication
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gdc.author.wosid Dogan, Eyup/J-8676-2019
gdc.author.wosid Binsaeed, Rima/Kpy-2671-2024
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gdc.description.department Abdullah Gül University en_US
gdc.description.departmenttemp [Binsaeed, Rima H.] King Saud Univ, Dept Management, Riyadh, Saudi Arabia; [Khan, Zeeshan] Sunway Univ, Sunway Business Sch, Subang Jaya, Malaysia; [Dogan, Eyup] Abdullah Gul Univ, Dept Econ, Kayseri, Turkiye; [Rahim, Syed] Curtin Univ, Fac Business, Miri, Malaysia; [Khan, Zeeshan] Tsinghua Univ, Sch Publ Policy & Management, Beijing, Peoples R China en_US
gdc.description.publicationcategory Makale - Uluslararası Hakemli Dergi - Kurum Öğretim Elemanı en_US
gdc.description.scopusquality Q2
gdc.description.startpage 101915
gdc.description.volume 95 en_US
gdc.description.woscitationindex Science Citation Index Expanded - Social Science Citation Index
gdc.description.wosquality Q1
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gdc.virtual.author Doğan, Eyüp
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