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The effects of governance quality on renewable and nonrenewable energy consumption: An explainable decision frame
Journal of Forecasting ( IF 2.627 ) Pub Date : 2024-03-16 , DOI: 10.1002/for.3110
Futian Weng 1, 2, 3 , Dongsheng Cheng 4 , Muni Zhuang 1, 2 , Xin Lu 5 , Cai Yang 6
Affiliation  

This study analyzes the effect of governance quality (six aspects: government effectiveness; control of corruption; voice and accountability; regulatory quality; political stability and absence of violence; and rule of law) on the renewable and nonrenewable energy consumption prediction based on the SHapely Additive exPlanations method for model analysis and interpretability. The empirical findings indicate that the time‐varying contributions of six aspects of governance quality on nonrenewable (renewable) energy consumption predicting vary greatly in E‐7 and G‐7 countries. The time‐varying contribution of governance quality within countries is heterogeneous and asymmetrical, especially India (Germany) in E‐7 countries (G‐7 countries). The prediction contribution distribution of governance quality between countries is more discrete in G‐7 countries than E‐7 countries. Our results are of great importance to policymakers and investors for enhancing the renewable energy consumption level in overcoming environmental challenges based on the country itself through governance quality.

中文翻译:

治理质量对可再生和不可再生能源消耗的影响:可解释的决策框架

本研究基于SHApely分析了治理质量(六个方面:政府有效性、腐败控制、话语权和问责制、监管质量、政治稳定和无暴力、法治)对可再生能源和不可再生能源消耗预测的影响。用于模型分析和可解释性的附加解释方法。实证结果表明,七国集团和七国集团国家治理质量的六个方面对不可再生(可再生)能源消耗预测的随时间变化的贡献差异很大。各国内部治理质量随时间变化的贡献是异质且不对称的,特别是E-7国家(G-7国家)中的印度(德国)。 G-7 国家治理质量的预测贡献分布在国家间比 E-7 国家更加离散。我们的研究结果对于政策制定者和投资者通过治理质量提高可再生能源消费水平以克服国家自身的环境挑战具有重要意义。
更新日期:2024-03-16
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