How do semiconductors, artificial intelligence, geopolitical risk, and their moderating effects shape renewable energy production in leading semiconductor manufacturing countries?
Muhammad Qamar Rasheed , Zhao Yuhuan , Marina Nazir , Zahoor Ahmed , Xiaohong Yu
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Abstract
Semiconductors, artificial intelligence (AI), and geopolitics may influence the future of environmentally friendly energy. This research aims to offer a novel perspective within this domain by assessing the interconnections between semiconductors, AI, geopolitical risk, and renewable energy production. The study analyzed panel data and cross-country statistics from 1999 to 2019 for 13 leading semiconductor manufacturing countries. According to the findings of the panel Autoregressive Distributed Lag-Pooled Mean Group (ARDL-PMG), the Feasible Generalized Least Squares (FGLS), and the Panel-Corrected Standard Error (PCSE) methods semiconductors and AI have a significant long-term impact on accelerating renewable energy production. However, renewable energy production experiences substantial disruptions resulting from geopolitical risk. Apart from this, the combined effect of geopolitical risk and semiconductors decreases the strength of the advantageous interaction between semiconductors and renewable energy as compared to the direct influence of semiconductors. Likewise, the moderating effect of geopolitical risk and AI decreases the beneficial intensity between AI and renewable energy production as compared to the direct impact of AI. Finally, these statistical insights serve as an essential foundation and benchmark for policymakers seeking to align their strategies with renewable energy production goals by addressing the role of semiconductors, AI, geopolitical risks, and their combined impact.
期刊介绍：
Technology in Society is a global journal dedicated to fostering discourse at the crossroads of technological change and the social, economic, business, and philosophical transformation of our world. The journal aims to provide scholarly contributions that empower decision-makers to thoughtfully and intentionally navigate the decisions shaping this dynamic landscape. A common thread across these fields is the role of technology in society, influencing economic, political, and cultural dynamics. Scholarly work in Technology in Society delves into the social forces shaping technological decisions and the societal choices regarding technology use. This encompasses scholarly and theoretical approaches (history and philosophy of science and technology, technology forecasting, economic growth, and policy, ethics), applied approaches (business innovation, technology management, legal and engineering), and developmental perspectives (technology transfer, technology assessment, and economic development). Detailed information about the journal's aims and scope on specific topics can be found in Technology in Society Briefings, accessible via our Special Issues and Article Collections.
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