Asymmetric Effect of Economic Complexity & Renewable Energy on CO2 Emission: New Insight from OIC Countries Based on DCCE Approach

Authors

DOI:

https://doi.org/10.66687/8576wy79

Keywords:

Renewable energy, OIC countries, CO2 emissions, income inequality, Trade openness, Economic complexity

Abstract

Background: This study inspects the asymmetric effects of Trade openness in income inequality or economic complexity and renewable energy on CO2 emissions across Organization of Islamic Cooperation (OIC) countries.
Methods: Utilizing advanced econometric models.
Results: The research reveals that while higher levels of economic complexity significantly contribute to reducing CO2 emissions, indicating a shift towards more sophisticated and less carbon-intensive industries, the impact of renewable energy adoption on emissions is nuanced. Specifically, the adoption of renewable energy sources leads to a substantial decrease in CO2 emissions, but this effect is contingent upon certain thresholds of economic complexity and energy infrastructure.
Conclusion: This review highlights the necessity for OIC countries to foster income inequality or economic complexity and renewable energy development in tandem to optimize their environmental outcomes, offering a nuanced perspective on the path towards sustainable development in these nations.

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Published

2026-10-18

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