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Table 1.

Recent studies on carbon dioxide, economic growth, renewable energy, and alternative and nuclear energy.

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Table 2.

Summary of variables.

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Table 3.

Descriptive statistics.

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Table 4.

Results from Pesaran’s CD test concerning cross-sectional dependence.

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Table 5.

Empirical results from the slope homogeneity test.

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Table 6.

Empirical results from panel unit root test.

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Table 7.

Results of cointegration test.

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Table 8.

Results for the energy-growth-finance inter-relationship in the CPTPP countries.

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Fig 1.

The causality relationship flows between economic growth (GDPpc), renewable energy usage (REC); energy consumption from fossil fuel sources (EC) and financial development (FD).

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Table 9.

The empirical results on the Granger causality relationship between economic growth, renewable energy usage and financial development in the CPTPP countries.

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Table 10.

Descriptive statistics for seven proxies for financial development.

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Table 11.

Results of the robustness checks using seven alternative proxies for financial development.

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Fig 2.

The causality relationship flows between renewable energy usage—Economic growth—Financial development using seven proxies.

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