Shahriyar Mukhtarov

Faculty of Business and International Relations, Vistula University, Poland;

UNEC Empirical Research Center, 

Azerbaijan State University of Economics (UNEC), Azerbaijan

s.mukhtarov@vistula.edu.pl

ORCID 0000-0001-6248-6120

Institutional quality and renewable energy transition: Empirical evidence from Poland

Javid Aliyev

Department of College of Islamic Studies, Islamic Finance and Economics, Hamad Bin Khalifa University, Qatar;

UNEC Empirical Research Center, 

Azerbaijan State University of Economics (UNEC), Azerbaijan

jaal38861@hbku.edu.qa 

ORCID 0000-0001-6415-0540

Piotr F. Borowski

Faculty of Business and International Relations, Vistula University, Poland

p.borowski@vistula.edu.pl 

ORCID 0000-0002-4900-514X

Mustafa Disli

Department of College of Islamic Studies, Islamic Finance and Economics, Hamad Bin Khalifa University, Qatar

mdisli@hbku.edu.qa

ORCID 0000-0003-0584-0060 

Abstract. This study investigates the impact of institutional quality as measured by the corruption perception index, income, CO2 emissions, and trade openness on renewable energy consumption in Poland from 1996 to 2021. The Canonical Cointegrating Regression (CCR) technique was employed for empirical analysis. The analysis results revealed that the corruption perception index, income, and CO2 emissions have a positive and statistically significant effect on renewable energy consumption, while trade openness has an insignificant impact. The positive influence of institutional quality on renewable energy consumption highlights the significance of implementing policies that contribute to environmental sustainability and energy security.

Received: September, 2022

1st Revision: May, 2023

Accepted: September, 2023

DOI: 10.14254/2071-8330.2023/16-3/12

JEL Classification: Q01, Q20, Q28, Q42

Keywords: institutional quality, renewable energy, CCR, corruption, Poland