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Renewable Energy Resilience: Probing the Role of Political Stability in UAE's Sustainable Energy Transition

Renewable Energy Resilience: Probing the Role of Political Stability in UAE's Sustainable Energy Transition

Abdul Jalil Mahama, Mubarik Abdul Mumin
Copyright: © 2023 |Pages: 31
ISBN13: 9781668492727|ISBN10: 1668492725|ISBN13 Softcover: 9781668492734|EISBN13: 9781668492741
DOI: 10.4018/978-1-6684-9272-7.ch001
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MLA

Mahama, Abdul Jalil, and Mubarik Abdul Mumin. "Renewable Energy Resilience: Probing the Role of Political Stability in UAE's Sustainable Energy Transition." Governance Quality, Fiscal Policy, and the Path to a Low-Carbon Future: Perspectives From Developing Economies, edited by Ibrahim Nandom Yakubu, IGI Global, 2023, pp. 1-31. https://doi.org/10.4018/978-1-6684-9272-7.ch001

APA

Mahama, A. J. & Mumin, M. A. (2023). Renewable Energy Resilience: Probing the Role of Political Stability in UAE's Sustainable Energy Transition. In I. Yakubu (Ed.), Governance Quality, Fiscal Policy, and the Path to a Low-Carbon Future: Perspectives From Developing Economies (pp. 1-31). IGI Global. https://doi.org/10.4018/978-1-6684-9272-7.ch001

Chicago

Mahama, Abdul Jalil, and Mubarik Abdul Mumin. "Renewable Energy Resilience: Probing the Role of Political Stability in UAE's Sustainable Energy Transition." In Governance Quality, Fiscal Policy, and the Path to a Low-Carbon Future: Perspectives From Developing Economies, edited by Ibrahim Nandom Yakubu, 1-31. Hershey, PA: IGI Global, 2023. https://doi.org/10.4018/978-1-6684-9272-7.ch001

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Abstract

This study explores the impact of political stability on the United Arab Emirates' (UAE) sustainable energy transition. It highlights how political stability enables long-term planning, policy continuity, investment attraction, and public acceptance of renewable energy. The study employed quantitative methodology, using the Phillips-Perron (PP) unit root test for stationarity assessment, the Autoregressive Distributed Lag (ARDL) cointegration test to confirm long-term relationships, and the Fully Modified Ordinary Least Square (FMOLS) technique proposed by Phillips and Hansen to investigate the relationships between the variables in the empirical model. The findings emphasize a positive correlation between political stability and the UAE's progress in diversifying its energy mix and embracing renewable sources. The research underscores the significance of political stability as a catalyst for a sustainable energy transition.

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