Towards a Political Economy of Renewable Energy: Does Democracy and Globalization Matter for Central and Eastern European Countries (CEECs)

Renewable energy policy is one of the remarkable parts sustainable development path. However, political-economic dimension renewable policies not so much widely discussed. Besides, democracy and globalization are essential factors affecting energy. Hence, this paper examines relationship between consumption, democracy, in Central Eastern European Countries (CEECs) during period 1995-2021. Economic growth CO2 emissions used as control variables model. The study employs panel vector autoregressive (PVAR) estimation technique to quantify by including economic emissions. findings from PVAR analysis suggest that participatory positively affect while liberal growth, have a negative impact on it. Furthermore, Granger causality test outcomes indicate an interactive causal variables.