Insights of resources productivity and green technologies impact on renewable energy consumption: Novel MMQR approach

Abstract

This study investigates the dynamic effect of resource productivity and green technologies on renewable energy (RE) use in 28 middle-income countries from 2006 to 2022 using MMQR, QR and causality techniques. Results suggested that green technology innovation substantially influences RE use. Second, the significant positive coefficients show that resource productivity leads to higher RE consumption at the upper quantile due to decoupling Gross Domestic Product (GDP) growth from extracting natural resources, indicating a transition towards more sustainable and efficient practices. Based on the empirical findings, several policy implications are suggested for middle-income economies.