Determines how institutional quality and financial development drive energy transition in South Asia, suggesting policy improvements.
The primary goal of this study is to determine the impact of institutional quality and financial development on the energy transition in South Asia. Using the panel Auto Regressive Distributive Lags (ARDL) estimator, the study finds a significant role for both variables in promoting the energy transition in the region. Appropriate policies should be considered to enhance a nation’s institutional quality and financial development, as they directly promote the energy transition.
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Subal Danta (2026) studied this question.
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