Yonsei University · Economics, Econometrics and Finance
Professor Runguo Xu's research lab specializes in the political economy and environmental sustainability of energy transitions, with a focus on renewable energy adoption, environmental degradation, and ecological resilience in emerging and developed economies. The lab investigates the interplay between technological innovation, economic growth, institutional quality (e.g., corruption and bureaucracy), and environmental policies in shaping sustainable development outcomes. Key research directions include the impact of political stability, financial and technological advancement, and globalization on renewable energy use and ecological quality across G20, BRICS, E7, and G7 nations.
Figures are computed from collected data and may differ slightly.
Climate change and environmental degradation are critical global challenges, and the G-20 nations play a pivotal role in addressing these issues due to their substantial contributions to global GDP and carbon emissions. Transitioning toward renewable energy sources is imperative for mitigating CO2 emissions and achieving sustainable development. This study investigates the impact of technological innovation, gross domestic product (GDP), renewable energy consumption, economic freedom, and financ
Electricity production strategies of countries rely on fossil fuel-based electricity generation.Environmental regulations (ER) are needed to shift to green electricity for achieving energy transition, but corruption and bureaucracy can influence ER, energy transition and ecological quality.Hence, this research considers two important constituents of country risks including corruption and bureaucracy in the model while understanding the connections between green electricity, ER and the load capac
Exploring the political economy of clean energy development, this study appraises how political (de)stabilization influences the clean energy transition process in selected South Asian countries.Using yearly data spanning from 1998 to 2021, the results show that political stabilization facilitates the clean energy transition process by raising the share of renewables in the final energy consumption profiles of the concerned South Asian nations.Contrarily, political destabilization is found to in
Today nations across the globe are striving to achieve sustainable development. Additionally, natural resources, industrial output, economic expansion, environmental technology, and the current globalization era are thought to be the key indicators that directly cause environmental deterioration. As a result, a more thorough evaluation of the state of the ecosystem is required. The current study examines the dynamic relationship between the load capacity factor for the E7 countries from 2000 to
Sustainable development, a key global priority, is increasingly shaped by factors such as the sharing economy, environmental patents, and energy efficiency, which have significant social, economic, and environmental implications. With rising public concern about the environment, volatile energy prices, and growing market pressure, more businesses are seeking ways to optimize energy usage. The purpose of this study is to explore the impact of green technologies, the sharing economy, and energy ef
The global trend of rapid economic development and urbanization has created questions regarding the quality of the environment. In the group of emerging economies (E7), environmental challenges have intensified due to specific dynamics unique to these nations. This research is focused on determining the influence of urbanization (UBNZ), renewable energy (RWNE), capital formation (CPFR), foreign direct investment (FDIN), and natural resources (NTRR) on the ecological footprint (ECLF) of the E7 ec
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