Natural resources and nuclear energy development: Does political stability matter?
Policymakers all around the globe are focusing on the factors that can contribute to ecological sustainability. Nuclear energy is considered a sustainable and low-carbon energy source. Therefore, finding the factors that can contribute to nuclear energy development is crucial. The analysis aims to e...
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| Format: | Article |
| Language: | English |
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Elsevier
2025-01-01
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| Series: | Nuclear Engineering and Technology |
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| Online Access: | http://www.sciencedirect.com/science/article/pii/S1738573324005795 |
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| author | Dianfei Luan Feng Yang Muhammad Hafeez |
| author_facet | Dianfei Luan Feng Yang Muhammad Hafeez |
| author_sort | Dianfei Luan |
| collection | DOAJ |
| description | Policymakers all around the globe are focusing on the factors that can contribute to ecological sustainability. Nuclear energy is considered a sustainable and low-carbon energy source. Therefore, finding the factors that can contribute to nuclear energy development is crucial. The analysis aims to estimate the influence of natural resource rents and political stability on nuclear energy development. To obtain the estimates of these variables, we employ the CS-ARDL and PMG-ARDL methods using panel data from 1996 to 2021. The results of these methods indicate that natural resource rents hurt nuclear energy development, while political stability contributes positively to increasing investment in nuclear energy in the long run only. The controlling factors, such as economic growth and trade, also hinder nuclear growth, and financial development is instrumental in fostering nuclear energy. The short-run estimates appear to be insignificant for most of the variables. In light of these findings, we suggest that policymakers should enhance the share of nuclear energy in the energy mix via the channels of political stability and natural resource rents. |
| format | Article |
| id | doaj-art-cde80cc9d2d24c768c2c4c530b7a6420 |
| institution | Kabale University |
| issn | 1738-5733 |
| language | English |
| publishDate | 2025-01-01 |
| publisher | Elsevier |
| record_format | Article |
| series | Nuclear Engineering and Technology |
| spelling | doaj-art-cde80cc9d2d24c768c2c4c530b7a64202025-01-12T05:24:41ZengElsevierNuclear Engineering and Technology1738-57332025-01-01571103328Natural resources and nuclear energy development: Does political stability matter?Dianfei Luan0Feng Yang1Muhammad Hafeez2School of Culture and Tourism, Wuxi Vocational College of Science and Technology, Wuxi, Jiangsu, 214000, ChinaSports Center, Xi'an International University, Xi'an, Shaanxi, 710077, ChinaInstitute of Business Management Sciences, University of Agriculture, Faisalabad, 38040, Pakistan; Adnan Kassar School of Business, Lebanese American University, Beirut, LebanonPolicymakers all around the globe are focusing on the factors that can contribute to ecological sustainability. Nuclear energy is considered a sustainable and low-carbon energy source. Therefore, finding the factors that can contribute to nuclear energy development is crucial. The analysis aims to estimate the influence of natural resource rents and political stability on nuclear energy development. To obtain the estimates of these variables, we employ the CS-ARDL and PMG-ARDL methods using panel data from 1996 to 2021. The results of these methods indicate that natural resource rents hurt nuclear energy development, while political stability contributes positively to increasing investment in nuclear energy in the long run only. The controlling factors, such as economic growth and trade, also hinder nuclear growth, and financial development is instrumental in fostering nuclear energy. The short-run estimates appear to be insignificant for most of the variables. In light of these findings, we suggest that policymakers should enhance the share of nuclear energy in the energy mix via the channels of political stability and natural resource rents.http://www.sciencedirect.com/science/article/pii/S1738573324005795Natural resourcesNuclear energy developmentPolitical stability |
| spellingShingle | Dianfei Luan Feng Yang Muhammad Hafeez Natural resources and nuclear energy development: Does political stability matter? Nuclear Engineering and Technology Natural resources Nuclear energy development Political stability |
| title | Natural resources and nuclear energy development: Does political stability matter? |
| title_full | Natural resources and nuclear energy development: Does political stability matter? |
| title_fullStr | Natural resources and nuclear energy development: Does political stability matter? |
| title_full_unstemmed | Natural resources and nuclear energy development: Does political stability matter? |
| title_short | Natural resources and nuclear energy development: Does political stability matter? |
| title_sort | natural resources and nuclear energy development does political stability matter |
| topic | Natural resources Nuclear energy development Political stability |
| url | http://www.sciencedirect.com/science/article/pii/S1738573324005795 |
| work_keys_str_mv | AT dianfeiluan naturalresourcesandnuclearenergydevelopmentdoespoliticalstabilitymatter AT fengyang naturalresourcesandnuclearenergydevelopmentdoespoliticalstabilitymatter AT muhammadhafeez naturalresourcesandnuclearenergydevelopmentdoespoliticalstabilitymatter |