1
|
Idroes GM, Rahman H, Uddin I, Hardi I, Falcone PM. Towards sustainable environment in North African countries: The role of military expenditure, renewable energy, tourism, manufacture, and globalization on environmental degradation. JOURNAL OF ENVIRONMENTAL MANAGEMENT 2024; 368:122077. [PMID: 39116817 DOI: 10.1016/j.jenvman.2024.122077] [Citation(s) in RCA: 0] [Impact Index Per Article: 0] [Reference Citation Analysis] [Abstract] [Key Words] [MESH Headings] [Track Full Text] [Subscribe] [Scholar Register] [Received: 02/23/2024] [Revised: 07/14/2024] [Accepted: 07/31/2024] [Indexed: 08/10/2024]
Abstract
Climate change resulting from increasing emissions has become a pressing concern in North African countries due to its significant environmental and socio-economic impacts. There is a need for extensive research on this topic to raise global awareness of the associated dangers. This study investigates the dynamic impact of economic growth, military expenditure, globalization, renewable energy, manufacturing, tourism, capital formation, and labor on CO2 emissions in North African countries from 1995 to 2021. The long-term results of the ARDL model reveal that globalization, renewable energy and capital formation have a negative impact on CO2 emissions, whereas economic growth, manufacturing, and tourism exhibit a positive impact. Pairwise Granger causality evidence indicates unidirectional causality from economic growth, globalization, military expenditure, manufacturing, tourism, and capital formation to CO2 emissions. These findings provide policymakers with critical insights to shape evidence-based interventions that promote renewable energy investments and globalization, enhance capital formation and high-skilled labor, and implement regulations to mitigate the environmental impacts of economic growth, military expenditure, manufacturing, and tourism. This guidance will help the region transition to a more environmentally friendly economic system.
Collapse
Affiliation(s)
- Ghalieb Mutig Idroes
- Energy and Green Economics Unit, Graha Primera Saintifika, Aceh Besar, 23371, Indonesia.
| | - Hasanur Rahman
- Department of Economics, Sheikh Fazilatunnesa Mujib University, Jamalpur, 2000, Bangladesh; Department of Economics, Comilla University, Cumilla, 3506 Bangladesh.
| | - Imtiaz Uddin
- Department of Sociology, University of Chittagong, Chattogram, Bangladesh.
| | - Irsan Hardi
- Economic Modeling and Data Analytics Unit, Graha Primera Saintifika, Aceh Besar, 23371, Indonesia.
| | | |
Collapse
|
2
|
Aamir M, Ur Rehman J. Dynamic nexus among fossil fuels utilization, economic growth, and urbanization: a tri-regional selected countries analysis. ENVIRONMENTAL SCIENCE AND POLLUTION RESEARCH INTERNATIONAL 2024; 31:43381-43395. [PMID: 38902447 DOI: 10.1007/s11356-024-33990-8] [Citation(s) in RCA: 0] [Impact Index Per Article: 0] [Reference Citation Analysis] [Abstract] [Key Words] [MESH Headings] [Track Full Text] [Subscribe] [Scholar Register] [Received: 11/14/2023] [Accepted: 06/10/2024] [Indexed: 06/22/2024]
Abstract
There are worldwide growing concerns about environmental issues such as global warming and climate change. Moreover, it is expected that there will be regional differences in environmental issues. Therefore, this study focuses on a tri-regional comparison: America, Europe, and Asia-Pacific. Previous literature has paid less attention to exploring regional comparisons while considering regional heterogeneity. Against this backdrop, this study delves into the dynamic relationship between fossil fuel utilization, economic growth, globalization, urbanization, and CO2 emissions to understand the environmental implications of these interconnected factors. The study period spans from 1990 to 2021. Additionally, it employed rigorous tests to confirm cross-sectional dependence and data heterogeneity, following methodologies proposed by Pesaran (2004, 2015) and Pesaran (2007), utilizing the CS-ARDL panel cointegration methodology by Chudik and Pesaran (2015). The results confirm long-term significant relationships among OC, NGC, FDI, and UR variables in both combined panels, with and without regional dummies. However, GDP and COC become insignificant in the long run in the dummy variables regression. Furthermore, the regional dummies were found to be negative but remain insignificant, possibly due to heterogeneous effects or unobserved factors influencing each region independently. Analysis by region reveals predominant coal consumption in Asia, higher oil consumption in America, and greater gas consumption in Europe. Economic growth and CO2 emissions are positive in Asia and America but negative in Europe, aligning with theories prioritizing growth over environmental concerns in Asia and America, and advocating for renewable energy adoption in Europe. Urbanization increases energy demand and emissions, supporting the environmental revolution theory, while FDI holds the potential to reduce CO2 emissions, as per the endogenous growth theory.
Collapse
Affiliation(s)
- Muhammad Aamir
- Department of Economics, Government College University, Lahore, Pakistan
| | - Jamshaid Ur Rehman
- Department of Economics, Government College University, Lahore, Pakistan.
| |
Collapse
|
3
|
Abro GJL, Kyere F, Bakam DL, Sampene AK, Li W. The impact of urbanization and economic growth on carbon dioxide emission in sub-Saharan African countries: a perspective from the spatial-temporal approach. ENVIRONMENTAL SCIENCE AND POLLUTION RESEARCH INTERNATIONAL 2024; 31:31240-31258. [PMID: 38630395 DOI: 10.1007/s11356-024-33274-1] [Citation(s) in RCA: 1] [Impact Index Per Article: 1.0] [Reference Citation Analysis] [Abstract] [Key Words] [MESH Headings] [Grants] [Track Full Text] [Subscribe] [Scholar Register] [Received: 10/17/2023] [Accepted: 04/06/2024] [Indexed: 10/27/2024]
Abstract
Sub-Saharan Africa (SSA) is seeing exceptional urbanization and economic expansion rates. Therefore, the STIRPAT (Stochastic Impacts by Regression on Population, Affluence, and Technology) parameters and the spatial econometric framework are used in this work to examine the influence of economic growth and urbanization on SSA's CO2 emissions. Likewise, to determine the spatial effect and understand how factors influence the spatial dependence of carbon emissions, the study builds a spatial Durbin model (SDM). In line with the findings, the spatial correlation test revealed the spatial correlations across various countries. This indicates that the changes in sub-Saharan African country's CO2 emissions impacted nearby countries and the countries themselves. Additionally, the findings reveal that, in the SSA's countries, urbanization, economic growth, industrial structure, trade, and population, excluding energy intensity, which failed the significant test, all positively influence CO2 outflows, in line with the spatial econometric model's findings. Thus, energy intensity shares an adverse impact on carbon emissions. As an outcome, energy intensity reduces carbon dioxide emissions in nearby nations and the entire region. Thus, the study recommends that policymakers account for the effects of spatial spillover when establishing low-carbon policies, encouraging a low-carbon lifestyle, promoting environmentally friendly technologies, and improving regional collaboration.
Collapse
Affiliation(s)
- Gnanba Joelle Loïc Abro
- School of Finance and Economics, Jiangsu University, No. 301 Xuefu Road, Zhenjiang, 212013, China
| | - Francis Kyere
- School of Management Science and Engineering, Jiangsu University, No. 301 Xuefu Road, Zhenjiang, 212013, China
| | - Doris Laure Bakam
- Faculty of Civil Engineering and Mechanics, Jiangsu University, No. 301 Xuefu Road, Zhenjiang, 212013, China
| | - Agyemang Kwasi Sampene
- School of Management Science and Engineering, Jiangsu University, No. 301 Xuefu Road, Zhenjiang, 212013, China
| | - Wenchao Li
- School of Finance and Economics, Jiangsu University, No. 301 Xuefu Road, Zhenjiang, 212013, China.
| |
Collapse
|
4
|
Nguea SM. Combining the role of urbanization and renewable energy in sustainable development: testing the EKC hypothesis for Africa. ENVIRONMENTAL SCIENCE AND POLLUTION RESEARCH INTERNATIONAL 2024; 31:29595-29609. [PMID: 38581630 DOI: 10.1007/s11356-024-33175-3] [Citation(s) in RCA: 0] [Impact Index Per Article: 0] [Reference Citation Analysis] [Abstract] [Key Words] [MESH Headings] [Track Full Text] [Subscribe] [Scholar Register] [Received: 09/13/2023] [Accepted: 03/28/2024] [Indexed: 04/08/2024]
Abstract
The pressing necessity to curb greenhouse gas emissions due to climate change has sparked significant scientific interest in comprehending the factors behind CO2 emissions, particularly concerning environmental sustainability challenges. Nonetheless, there exists a notable gap in our understanding of how the process of urbanization interacts with the utilization of renewable energy to impact CO2 emissions. This research endeavor seeks to evaluate the complex interplay among urbanization, renewable energy, and CO2 emissions across 46 African nations spanning from 1990 to 2019. To accomplish this objective, a variety of econometric methodologies are employed, including Driscoll-Kraay standard errors, IV-GMM, and method of moments quantile regression (MMQR) panel estimations to address issues like cross-sectional dependencies, endogeneity, heterogeneity, and panel Granger causality examination. The empirical results suggest that urbanization leads to an increase in CO2 emissions, whereas the consumption of renewable energy plays a role in enhancing environmental quality by reducing CO2 emissions. A significant outcome of the study is the revelation that a combination of urbanization and renewable energy leads to a decrease in carbon emissions. Moreover, the Environmental Kuznets Curve (EKC) hypothesis is validated. Lastly, through the Dumitrescu-Hurlin panel causality test, it is uncovered that urbanization and renewable energy consumption exhibit a bidirectional relationship with CO2 emissions. To reduce dependence on fossil fuels and curb CO2 emissions, policymakers should promote renewable energy usage in urban areas.
Collapse
|
5
|
Yufenyuy M, Pirgalıoğlu S, Yenigün O. Dynamic assessment of the impact of agricultural land use change and globalization on environmental quality in the tropical African Rainforest: evidence from the Congo Basin. ENVIRONMENTAL SCIENCE AND POLLUTION RESEARCH INTERNATIONAL 2024; 31:1331-1355. [PMID: 38040883 DOI: 10.1007/s11356-023-30702-6] [Citation(s) in RCA: 0] [Impact Index Per Article: 0] [Reference Citation Analysis] [Abstract] [Key Words] [MESH Headings] [Track Full Text] [Subscribe] [Scholar Register] [Received: 04/18/2023] [Accepted: 10/23/2023] [Indexed: 12/03/2023]
Abstract
The rising human demand for food has increased the pursuit for more agricultural land to feed the ever-growing human population. Although agriculture constitutes the cornerstone of most economies and serves as a vital source of foreign earnings to others, experts suggest that it emits a substantial amount of greenhouse gases into the atmosphere, thereby enhancing global warming. Furthermore, with the growing pace of globalization, less developed countries are witnessing economic growth with detrimental impacts on the environment. Inspired by the need to protect tropical rainforests and basins, the current research aims to assess the dynamic impacts of agricultural land use change (LALUC) and globalization (LGLO) on environmental quality (LCO2) in the Congo Basin while controlling for economic growth (LGDP), biomass energy consumption (LBIO), and urbanization (LURBN). Based on panel data from 1980 to 2018, this study utilized second-generation econometric methods including the cross-sectional Im, Peseran Shin (CIPS), Westerlund bootstrapped co-integration test, autoregressive distributive lag/pooled mean group (ARDL/PMG), and the Dumitrescu Hurlin (D-H) panel causality estimates. The outcome reveals a long-run equilibrium co-integrating association among the estimated variables, and LALUC, LBIO, and LURBN were found to reduce LCO2, while LGDP and LGLO increase LCO2. These findings imply the inverted U-shaped relationship between LALUC, LBIO, and LURBN is beneficial for environmental quality in the Congo Basin. Based on the findings, environmental quality and economic growth can be achieved instantaneously in this region by engaging in large-scale production of biomass energy. Therefore, policymakers and governments should promote renewable energy use and convey foreign funds towards its enhancement, while investments in agriculture should prioritize environmentally benign practices such as agroforestry.
Collapse
Affiliation(s)
- Mohamed Yufenyuy
- Department of Environmental Sciences, Institute of Graduate Studies and Research, European University of Lefke, Lefke, Northern Cyprus, TR-10, Mersin, Turkey.
| | - Saltuk Pirgalıoğlu
- Environmental Engineering Department, Engineering Faculty, European University of Lefke, Lefke, Northern Cyprus, TR-10, Mersin, Turkey
| | - Orhan Yenigün
- Department of Environmental Sciences, Institute of Graduate Studies and Research, European University of Lefke, Lefke, Northern Cyprus, TR-10, Mersin, Turkey
- Institute of Environmental Sciences, Boğaziçi University, Bebek, Istanbul, 34342, Turkey
| |
Collapse
|
6
|
Liao Z. Supply chain optimization for environmental sustainability and economic growth. ENVIRONMENTAL SCIENCE AND POLLUTION RESEARCH INTERNATIONAL 2023; 30:121599-121613. [PMID: 37957491 DOI: 10.1007/s11356-023-30521-9] [Citation(s) in RCA: 0] [Impact Index Per Article: 0] [Reference Citation Analysis] [Abstract] [Key Words] [MESH Headings] [Track Full Text] [Subscribe] [Scholar Register] [Received: 08/15/2023] [Accepted: 10/12/2023] [Indexed: 11/15/2023]
Abstract
As the globe strives to solve severe environmental challenges, the concept of a low-carbon economy that prioritizes low energy use, little pollution, and sustainable development is gaining support. The supply chain management industry is not safe from the possibilities and threats posed by this new development. In light of the emerging norm, it is imperative that all supply chain links be economically and ecologically sustainable. For conventional businesses, ensuring environmental advantages and practicing the issue of equitably dividing supply network node profits is exacerbated by green supply chain management. This paper was prompted by the increasing need for information on green supply chain management (GSCM). GSCM is based on the idea of incorporating ecological considerations into traditional SCM practices. Therefore, GSCM is vital in shaping the cumulative environmental effect of businesses engaged in supply chain operations. To assess environmental sustainability requirements, we provide a best-worst method (BWM), a subset of China-based sectors in order to fill this void. The BWM was used to evaluate and quantify the impact of a variety of industrial operations and criteria on environmental quality. To make sure this approach is effective and reliable, we polled 34 experts for their input on which indications from our preliminary literature analysis would be most useful. This study's findings, supported by a sensitivity analysis, indicated stated "waste management" was the single most important indication for China-area businesses to achieve environmental sustainability. The results of this study provide industry managers, decision-makers, and practitioners with the information they need to choose areas of focus during the implementation phase that will have the most impact on promoting social sustainability in their organizational supply chain and moving toward sustainable growth.
Collapse
Affiliation(s)
- Zhaoguang Liao
- School of History Culture and Tourism, Hanjiang Normal University, Shiyan, 442000, Hubei, China.
| |
Collapse
|
7
|
Nguea SM. Synthesizing the role of urbanization and oil prices in achieving carbon neutrality in Africa: do financial crisis and renewable energy play a role? ENVIRONMENTAL SCIENCE AND POLLUTION RESEARCH INTERNATIONAL 2023; 30:122322-122335. [PMID: 37966641 DOI: 10.1007/s11356-023-30834-9] [Citation(s) in RCA: 0] [Impact Index Per Article: 0] [Reference Citation Analysis] [Abstract] [Key Words] [MESH Headings] [Track Full Text] [Subscribe] [Scholar Register] [Received: 05/18/2023] [Accepted: 10/30/2023] [Indexed: 11/16/2023]
Abstract
Higher oil prices can incentivize urban planners to adopt energy-saving behaviors, such as using public transportation or investing in energy-efficient appliances, which can help achieve carbon neutrality. Notwithstanding this, empirical studies ignored the role played by oil prices in the urbanization-carbon emissions nexus. Therefore, this study aims to examine the moderating role of oil prices on the urbanization-CO2 emission relationship, along with renewable energy consumption and the global financial crisis. Using Driscoll-Kraay and IV-GMM techniques on panel data from 35 African countries, the results confirmed an inverted U-shaped relationship between urbanization and CO2 emissions in Africa, which is consistent with the ecological modernization theory. The results also show that oil prices, financial crisis, and renewable energy contribute to reducing carbon emissions, while the EKC hypothesis curve between GDP and CO2 emissions is validated. Additionally, urbanization has a favorable oil price effect on carbon emissions in Africa. The heterogeneity analysis validates the EKC curve between urbanization and CO2 emissions in low- and high-emission countries, while oil prices and financial crisis mitigate CO2 emissions only in low-emission countries. Further, oil prices moderate urbanization to reduce carbon emissions in low- and high-emission countries. The findings also indicated that renewable energy mitigates carbon emissions and that the inverted U-shape is confirmed in low- and high-emission countries. These results suggest that policymakers should put more effort into the adoption of renewable energy and the use of energy-saving technologies in urban development to achieve carbon neutrality.
Collapse
|
8
|
Kocak E, Cobanoglu C, Celik B. Urbanization, industrialization and SO 2 emissions in China: does the innovation ability of cities matter for air quality? ENVIRONMENTAL SCIENCE AND POLLUTION RESEARCH INTERNATIONAL 2023; 30:119879-119892. [PMID: 37930576 DOI: 10.1007/s11356-023-30705-3] [Citation(s) in RCA: 0] [Impact Index Per Article: 0] [Reference Citation Analysis] [Abstract] [Key Words] [MESH Headings] [Track Full Text] [Subscribe] [Scholar Register] [Received: 05/08/2023] [Accepted: 10/23/2023] [Indexed: 11/07/2023]
Abstract
This paper aims to detail the relationships between urbanization, industrialization, the innovation ability of cities and local air quality in 284 cities in China using annual data. For the empirical outputs, the panel quantile regression analysis, which considers the heterogeneous nature of the data set, is employed. Initial findings indicate that (i) urbanization and industrialization negatively affect local air quality. (ii) Innovation capability of cities has a direct and improving impact on local air quality. Then, the paper estimates the moderating role of cities' ability to innovate in the polluting effect of urbanization and industrialization on local air quality. Remarkably, empirical evidence indicates that (iii) the innovation ability of cities also moderates the polluting impact of urbanization and industrialization on local air pollution. Based on the findings, the paper confirms the importance of both direct and moderator effects of the innovative environment in cities in tackling air pollution.
Collapse
Affiliation(s)
- Emrah Kocak
- Department of Economics, Erciyes University, Melikgazi-, 38039, Kayseri, Turkey.
- Muma College of Business, University of South Florida, Tampa, FL, 33620, USA.
| | - Cihan Cobanoglu
- Muma College of Business, University of South Florida, Tampa, FL, 33620, USA
| | - Bekir Celik
- Department of Economics, Nuh Naci Yazgan University, Kocasinan-, 38170, Kayseri, Turkey
| |
Collapse
|
9
|
Tachega MA, Biao PS, Yao X, Agbanyo GK. The mediating role of renewable energy, sectoral output and economic growth on greenhouse gas emissions: African regional perspective. ENVIRONMENTAL SCIENCE AND POLLUTION RESEARCH INTERNATIONAL 2023; 30:110779-110804. [PMID: 37796348 DOI: 10.1007/s11356-023-29959-8] [Citation(s) in RCA: 0] [Impact Index Per Article: 0] [Reference Citation Analysis] [Abstract] [Key Words] [MESH Headings] [Grants] [Track Full Text] [Subscribe] [Scholar Register] [Received: 02/28/2023] [Accepted: 09/14/2023] [Indexed: 10/06/2023]
Abstract
Global greenhouse gas emissions are increasing when they should be progressively reducing, given worldwide concerted emissions mitigation efforts and protocols. To effectively tackle emissions to foster a sustainable climate, the situation's complexity needs a sector- and region-specific approach, not a one-stop analysis. We must first understand where the emissions originate-which sectors contribute the most to them. This study employs a panel multiregional framework with advanced econometric techniques accounting for cross-sectional dependence and heterogeneous slope coefficients to analyse GHG emissions (CO2 and CH4), sectoral output, economic growth and renewable energy dynamics across African regions from 2010 to 2019. The empirical findings are as follows: First, regional impacts of the economic sectors vary substantially, reflecting technological and socioeconomic differences leading to heterogeneous environmental patterns in the short and long term. Second, the estimated EKC turning points are uniformly lower, indicating slower environmental impact growth with sectoral development in African regions. Third, trade and urbanization are critical drivers of emissions in most regions and economic sectors, with a more pervasive impact on CO2 emissions than CH4 emissions. Finally, sectoral output imposes differential indirect CO2 and CH4 emissions effects via renewable energy, with East African manufacturing exhibiting the most significant emissions-reduction impact. Disaggregated, regional, and sectoral-specific strategies are recommended for designing green development pathways policies.
Collapse
Affiliation(s)
- Mark Awe Tachega
- College of Economics and Management, Taiyuan University of Technology, Taiyuan, 030024, People's Republic of China.
- Research Center for Social Work and Social Governance, Henan Normal University, Xinxiang, 453007, People's Republic of China.
| | - Pan Shen Biao
- College of Economics and Management, Zhejiang University of Technology, Xihu District, 288, Liuhe Road, Hangzhou, 310023, People's Republic of China
| | - Xilong Yao
- College of Economics and Management, Taiyuan University of Technology, Taiyuan, 030024, People's Republic of China
| | - George Kwame Agbanyo
- College of Business, Honghe University, Yunnan, 661100, People's Republic of China
| |
Collapse
|
10
|
Arif M, Gill AR, Ali M. Analyzing the non-linear association between urbanization and ecological footprint: an empirical analysis. ENVIRONMENTAL SCIENCE AND POLLUTION RESEARCH INTERNATIONAL 2023; 30:109063-109076. [PMID: 37770740 DOI: 10.1007/s11356-023-30012-x] [Citation(s) in RCA: 0] [Impact Index Per Article: 0] [Reference Citation Analysis] [Abstract] [Key Words] [MESH Headings] [Track Full Text] [Subscribe] [Scholar Register] [Received: 07/10/2023] [Accepted: 09/17/2023] [Indexed: 09/30/2023]
Abstract
Due to urbanization's substantial impact on economic development and environmental quality, particularly in emerging nations, the subject has attracted major attention in recent years. Urbanization increases infrastructure, transportation, and high energy consumption demand, leading to increased environmental degradation. Therefore, this study examines how urbanization has affected environmental degradation in Pakistan using yearly data from 1970 to 2020. A non-linear autoregressive distributed lag (NARDL) model is applied to study the asymmetric impact of urbanization on ecological footprint per capita. The results show that urbanization is asymmetrically associated with environmental degradation. Positive changes in urbanization led to increased environmental degradation, while negative changes in urbanization led to a decline in environmental degradation in Pakistan. Foreign direct investment and industrial production are positive and significant factors of environmental degradation, while trade openness and money supply are negatively linked with environmental degradation in Pakistan. Economic growth shows a positive link, while economic growth square shows a negative link with environmental degradation. These findings also confirm the environmental Kuznets curve (EKC) hypothesis in Pakistan. It is suggested that the urbanization threshold should be analyzed to determine where environmental degradation tends to decline, and less polluting technology and renewable energy resources should be encouraged to reduce environmental degradation in Pakistan.
Collapse
Affiliation(s)
- Muhammad Arif
- Department of Economics, The Islamia University of Bahawalpur, Bahawalpur, Pakistan
| | - Abid Rashid Gill
- Department of Economics, The Islamia University of Bahawalpur, Bahawalpur, Pakistan
| | - Minhaj Ali
- Department of Economics, The Islamia University of Bahawalpur, Bahawalpur, Pakistan.
| |
Collapse
|
11
|
Zhu P, Ahmed Z, Pata UK, Khan S, Abbas S. Analyzing economic growth, eco-innovation, and ecological quality nexus in E-7 countries: accounting for non-linear impacts of urbanization by using a new measure of ecological quality. ENVIRONMENTAL SCIENCE AND POLLUTION RESEARCH INTERNATIONAL 2023; 30:94242-94254. [PMID: 37531055 DOI: 10.1007/s11356-023-29017-3] [Citation(s) in RCA: 0] [Impact Index Per Article: 0] [Reference Citation Analysis] [Abstract] [Key Words] [MESH Headings] [Track Full Text] [Subscribe] [Scholar Register] [Received: 05/24/2023] [Accepted: 07/24/2023] [Indexed: 08/03/2023]
Abstract
The rising urban population and accelerated resource consumption pose major environmental challenges. Given that around 75% of global resources are consumed in urban areas, understanding the true association between urbanization (UR) and ecological quality is necessary for better urban strategies. Alongside this, eco-innovation (ECO) can limit environmental pollution and thus, it is the cornerstone of environmental policies. On that note, this research discloses the nexus between eco-innovation, economic growth (EGR), and ecological quality by considering the non-linear effects of UR in the emerging seven (E-7) nations from 1992 to 2018. Unlike previous literature, the newly developed indicator of ecological quality (the load capacity factor (LCF)) is adopted to understand the connection between UR, eco-innovation, and ecological quality since this new comprehensive indicator is based on both biocapacity and ecological footprint (EF). In the methodology, the "Continuously Updated-Fully Modified" (CuP-FM) test is used since this method offers diverse benefits for panel data estimation by accounting for major panel data estimation issues including autocorrelation, endogeneity, heteroscedasticity, fractional integration, and cross-sectional dependence. The empirical estimates unveiled that the current levels as well as high levels of UR limit the LCF. This evidence suggests that UR in the E-7 nations expands ecological degradation. This finding contradicts the assertions of ecological modernization theory that expanding urbanization brings some ecological benefits. Similarly, economic growth alleviates ecological quality. However, eco-innovation and agricultural land (AGL) contribute to enhancing the LCF and promoting ecological quality. Further, UR and eco-innovation Granger cause the LCF. Lastly, comprehensive urban environmental strategies are discussed to promote sustainable urbanization backed by eco-innovation.
Collapse
Affiliation(s)
- Peiling Zhu
- Economics and Management School, Wuhan University, Wuhan, 430072, Hubei, China
| | - Zahoor Ahmed
- Department of Business Administration, Faculty of Economics, Administrative and Social Sciences, Bahçeşehir Cyprus University, Nicosia, Turkey.
- Department of Economic & Data Sciences, New Uzbekistan University, 54 Mustaqillik Ave, Tashkent, 100007, Uzbekistan.
| | - Ugur Korkut Pata
- Faculty of Economics and Administrative Sciences, Department of Economics, Osmaniye Korkut Ata University, 80000 Merkez, Osmaniye, Turkey
| | - Salahuddin Khan
- College of Engineering, King Saud University, P.O. Box 800, Riyadh, 11421, Saudi Arabia
| | - Shujaat Abbas
- Graduate School of Economics and Management, Ural Federal University, Ekaterinburg, Russian Federation
- MEU Research Unit, Middle East University, Amman, Jordan
| |
Collapse
|
12
|
Çetin M, Sarıgül SS, Topcu BA, Alvarado R, Karataser B. Does globalization mitigate environmental degradation in selected emerging economies? assessment of the role of financial development, economic growth, renewable energy consumption and urbanization. ENVIRONMENTAL SCIENCE AND POLLUTION RESEARCH INTERNATIONAL 2023; 30:100340-100359. [PMID: 37651012 DOI: 10.1007/s11356-023-29467-9] [Citation(s) in RCA: 0] [Impact Index Per Article: 0] [Reference Citation Analysis] [Abstract] [Key Words] [MESH Headings] [Track Full Text] [Subscribe] [Scholar Register] [Received: 02/21/2023] [Accepted: 08/19/2023] [Indexed: 09/01/2023]
Abstract
While the acceleration of globalization in newly developing (emerging) economies contributes positively to economic developments on the one hand, it is a research topic that can have an impact on environmental pollution on the other hand. Therefore, this study analyzes the impact of globalization on environmental pollution for 14 emerging economies in the 1991-2018 period by including economic growth, financial development, renewable energy consumption, and urbanization in the ecological footprint model. In addition to the AMG forecaster, Driscoll-Kraay, PCSE, and FGLS estimation techniques are used for long-term forecasting. Causal linkages among variables are analyzed by the Dumitrescu-Hurlin panel bootstrap causality test. The findings show that the series are cointegrated, that is, a long-term relationship between the variables. In the long term, globalization and renewable energy consumption reduce environmental pollution, while economic growth and financial development play a role in encouraging environmental pollution. Causality analysis enumerates a causality from economic growth and financial development to environmental pollution, as well as a two-way causality between globalization and environmental pollution and renewable energy consumption and environmental pollution. Empirical findings can offer important implications for policies that will reduce environmental pollution in these countries.
Collapse
Affiliation(s)
- Murat Çetin
- Faculty of Economics and Administrative Sciences, Department of Economics, Tekirdag Namik Kemal University, Tekirdağ, Turkey
| | - Sevgi Sümerli Sarıgül
- Vocational School of Social Sciences, Department of International Trade, Kayseri University, Kayseri, Turkey.
| | - Betül Altay Topcu
- Vocational School of Social Sciences, Department of International Trade, Kayseri University, Kayseri, Turkey
| | - Rafael Alvarado
- Esai Business School, Universidad Espíritu Santo, Samborondon, 091650, Ecuador
| | - Büşra Karataser
- Faculty of Economics and Administrative Sciences, Department of Economics, Tekirdag Namik Kemal University, Tekirdağ, Turkey
| |
Collapse
|
13
|
Zhang J. Assessing the effect of the improvement of environmental damage compensation legal system and green finance project on the re-establishment of the ecological environment. ENVIRONMENTAL SCIENCE AND POLLUTION RESEARCH INTERNATIONAL 2023; 30:67662-67675. [PMID: 37118386 DOI: 10.1007/s11356-023-26877-7] [Citation(s) in RCA: 2] [Impact Index Per Article: 2.0] [Reference Citation Analysis] [Abstract] [Key Words] [Track Full Text] [Subscribe] [Scholar Register] [Received: 02/16/2023] [Accepted: 04/04/2023] [Indexed: 05/25/2023]
Abstract
What are the relationships among environmental regulations, green finance, and environmental damages in countries? Existing literature supports the impact of green finance or green innovation on environmental quality, but rare studies query the cointegration among other core variables. We thus utilize the yearly data of 25 Chinese provinces from 2003 to 2021 to empirically examine the relationships among access to clean energy and technology, environmental regulation, renewable green investment, subsidy on green energy, and green finance index in environmental damage compensation via an augmented mean group (AMG) and other estimators. However, the current empirical research also investigates the individual linkage of green finance components with explained variables. Overall, this study confirms the existence of cointegration relationships among these variables. Moreover, the results of AMG suggest that access to clean fuels and technology, environmental regulations, and green finance can inversely affect the explained variable in the long term. Furthermore, environmental regulations and renewable green investment positively affect environmental damages, while a separate proxy of green finance also negatively affects explained variables in the selected provinces with better environmental performance. Our empirical findings offer important policy implications for overall emerging economies to promote subsidies, environmental regulations, and green finance to improve environmental damages compensation.
Collapse
Affiliation(s)
- Jun Zhang
- College of Criminal Justice, Henan University of Economics and Law, Zhengzhou, 450046, China.
| |
Collapse
|
14
|
Rakshit B, Jain P, Sharma R, Bardhan S. An empirical investigation of the effects of poverty and urbanization on environmental degradation: the case of sub-Saharan Africa. ENVIRONMENTAL SCIENCE AND POLLUTION RESEARCH INTERNATIONAL 2023; 30:51887-51905. [PMID: 36820970 PMCID: PMC9947452 DOI: 10.1007/s11356-023-25266-4] [Citation(s) in RCA: 2] [Impact Index Per Article: 2.0] [Reference Citation Analysis] [Abstract] [Key Words] [MESH Headings] [Track Full Text] [Figures] [Subscribe] [Scholar Register] [Received: 09/17/2022] [Accepted: 01/07/2023] [Indexed: 06/18/2023]
Abstract
This study empirically investigates the effects of poverty and urbanization on environmental degradation for a sample of 43 sub-Saharan African (SSA) economies from 1995 to 2018. The major contribution of the study lies in examining the existence of non-linear effects of poverty and urbanization on environmental degradation. We considered a set of institutional and demographic factors to explain the dynamics among poverty, urbanization, and environmental degradation. Findings suggest that an increase in the poverty gap significantly contributes towards intensifying environmental degradation in SSA countries. Results also show the existence of a non-linear relationship between poverty and environmental degradation. The findings purpose several crucial policy recommendations which necessitate the participation of different stakeholders such as government, institutions, researchers, non-profit organizations and citizens for the effective implementations of environment-friendly policies. A battery of robustness tests confirms the validity of the main findings of the study.
Collapse
Affiliation(s)
- Bijoy Rakshit
- Indian Institute of Management Jammu, Jammu, Jammu and Kashmir, India
| | - Panika Jain
- Indian Institute of Technology Ropar, Rupnagar, Punjab, India
| | - Rajesh Sharma
- Humanities and Social Sciences, National Institute of Technology Kurukshetra, Kurukshetra, Haryana, India.
| | | |
Collapse
|
15
|
Abdulqadir IA. Urbanization, renewable energy, and carbon dioxide emissions: a pathway to achieving sustainable development goals (SDGs) in sub-Saharan Africa. INTERNATIONAL JOURNAL OF ENERGY SECTOR MANAGEMENT 2023. [DOI: 10.1108/ijesm-11-2022-0032] [Citation(s) in RCA: 0] [Impact Index Per Article: 0] [Reference Citation Analysis] [Abstract] [Track Full Text] [Subscribe] [Scholar Register] [Indexed: 03/08/2023]
Abstract
Purpose
The purpose of this paper is to investigate sustainable green economy in sub-Saharan African (SSA) countries over the period 1990–2019 using a quantile regression approach, considering the nexus between urbanization, economic growth, renewable energy, trade and carbon dioxide (CO2) emissions.
Design/methodology/approach
The study used a dynamic panel quantile regression to investigate the conditional distribution of CO2 emissions along the turn-points of urbanization, economic growth, renewable energy, trade and the regressors via quadratic modeling specifications.
Findings
The main findings are established as follows. There is strong evidence of the Kuznets curve in the nexus between urbanization, economic growth, renewable energy, trade and CO2 emissions, respectively. Second, urbanization thresholds that should not be exceeded for sustainability to reduce CO2 emissions are 0.21%, and 2.70% for the 20th and 75th quantiles of the CO2 emissions distribution. Third, growth thresholds of 3.64%, 3.84%, 4.01%, 4.36% and 5.87% across the quantiles of the CO2 emissions distribution. Fourth, energy thresholds of 3.64%, 3.61%, 3.70%, 4.02% and 4.34% across the quantiles of the CO2 emissions distribution. Fifth, trade thresholds of 3.37% and 4.47% for the 20th and median quantiles of the CO2 emissions distribution, respectively.
Practical implications
The empirical shreds of evidence offer policy implications in such that building sustainable development and environment requires maintaining the critical mass, not beyond those insightful thresholds to achieving sustainable development and environmentally friendly SSA countries.
Social implications
Sustainable cities and communities in an era of economic recovery path COVID-19 mitigate greenhouse gas. The policy relevance is of particular concern to the sustainable development goals.
Originality/value
The study is novel considering the extant literature by providing policymakers with avoidable thresholds for policy formulations and implementations in the nexus between urbanization, economic growth, renewable energy and trade openness.
Collapse
|
16
|
Saleem H, Khan MB, Mahdavian SM. The role of economic growth, information technologies, and globalization in achieving environmental quality: a novel framework for selected Asian countries. ENVIRONMENTAL SCIENCE AND POLLUTION RESEARCH INTERNATIONAL 2023; 30:39907-39931. [PMID: 36602742 DOI: 10.1007/s11356-022-24700-3] [Citation(s) in RCA: 0] [Impact Index Per Article: 0] [Reference Citation Analysis] [Abstract] [Key Words] [MESH Headings] [Track Full Text] [Subscribe] [Scholar Register] [Received: 06/15/2022] [Accepted: 12/06/2022] [Indexed: 06/17/2023]
Abstract
This study examines the impact of information and communication technologies (ICT), GDP growth, population, and globalization on the environmental quality of 31 Asian economies (i.e., categorized as lower middle-income, upper middle-income, and high-income groups Asian economies). This analysis employed the time series data from 1990 to 2018. The robust second-generation econometric technologies are used in this analysis. This study applied the Environmental Kuznets curve (EKC) premises under the extended "STIRPAT model" to add population and GDP (per capita) and information technologies (ICTs) by employing ecological footprint. To estimate, the estimators of this study used the CS-ARDL estimates, and for robustness check, this study used the augmented mean group (AMG) test. The co-integration test found the long-run association between ecological footprint and its main determinants. The results of CS-ARDL have confirmed the imperative role of information technologies in mitigating the ecological footprint in the higher, upper-middle, and lower-middle-income economies of Asian economies. The statistical findings of this study are robust to diagnostic tests and alternative estimation proxies and techniques. Moreover, policymakers need to identify the direction of the information technology-ecological footprint nexus through cooperation in combating climate change with financial assistance in the ICT sector.
Collapse
Affiliation(s)
- Hummera Saleem
- Department of Economics, National University of Modern Languages (NUML), Islamabad, Pakistan.
| | - Muhammad Bilal Khan
- Kohat University of Science and Technology (KUST) Kohat, Kohat, KPK, Pakistan
| | | |
Collapse
|
17
|
The ecological impact assessment of globalization dimensions and human capital: a dynamic approach in the case of selected fossil fuel-rich countries. ENVIRONMENTAL SCIENCE AND POLLUTION RESEARCH INTERNATIONAL 2023; 30:47712-47726. [PMID: 36746854 DOI: 10.1007/s11356-023-25655-9] [Citation(s) in RCA: 0] [Impact Index Per Article: 0] [Reference Citation Analysis] [Abstract] [Key Words] [Track Full Text] [Subscribe] [Scholar Register] [Received: 08/01/2022] [Accepted: 01/27/2023] [Indexed: 02/08/2023]
Abstract
The aggravation of climatic damage, the rise in pollution, and global warming have prompted investigation of factors leading to the increase in human demand on natural resources. Numerous studies have dealt with the connections linking human action with the environmental impact, but this research field remains insufficiently documented. Human resources constitute the center of decision to reduce the ecological footprint, but studies on the impact of human capital and the social and human dimension of globalization on environmental sustainability have been insufficiently analyzed. Therefore, the aim of this study is to verify the capacity of human capital and the social dimension of globalization in addition to its political and economic ones to mitigate environmental degradation. The study referred to the FMOLS, DOLS, and PMG-ARDL methods applied to 13 fossil fuel-rich countries spanning the period 1992-2017 and applied a set of robustness tests based on the cross-section dependence test, unit root tests, and Johansen combined test. The findings, based on FMOLS and DOLS techniques, demonstrate that human capital exerts positive long-term influence upon ecological footprint in the case of fossil fuel-rich countries. Globalization does not significantly impact ecological footprint: only political globalization is able to decrease deterioration in the environment, and neither economic nor social globalizations have an effect. When applying the PMG-ARDL approach, the results supported those derived from FMOLS and DOLS methods and revealed that human capital positively affects ecological footprint in the long term but without significant short-term effects. Our results also showed that globalization is beneficial for high-income countries and harmful for middle-income countries in terms of mitigating environmental degradation. So, the reduction of the ecological footprint in the fossil fuel-rich economies remains dependent on the actions taken by political decision-makers at the international level and on the awareness of human capital of the urgency of mitigating environmental degradation. A set of recommendations in favor of environmental sustainability, in particular those relating to human action and which can serve decision-makers, were formulated in this study.
Collapse
|
18
|
Owjimehr S, Samadi AH. Energy transition determinants in the European Union: threshold effects. ENVIRONMENTAL SCIENCE AND POLLUTION RESEARCH INTERNATIONAL 2023; 30:22159-22175. [PMID: 36282390 DOI: 10.1007/s11356-022-23743-w] [Citation(s) in RCA: 0] [Impact Index Per Article: 0] [Reference Citation Analysis] [Abstract] [Key Words] [MESH Headings] [Track Full Text] [Subscribe] [Scholar Register] [Received: 07/18/2022] [Accepted: 10/17/2022] [Indexed: 06/16/2023]
Abstract
The World Economic Forum (2018) has introduced a comprehensive proxy for the Energy Transition Index (ETI), which includes two main sub-indices; the energy System Performance Index (SPI) and Transition Readiness (TRI). The first sub-index measures the current state of the energy system, and the latter indicates future transition(s). Any factor that can move these two levers in a positive direction will eventually lead to improved energy transitions. Various factors affect the energy transition. Since the ETI is a comprehensive index that includes socio-economic, governance structures, and political dimensions of the energy transition, it is expected to be impacted by globalization and economic complexity. The present study seeks to answer whether the impact of globalization and economic complexity on both energy transition sub-indicators is in the same direction. Also, do the effects of these two variables vary at different levels of energy transition and its sub-indices? For this purpose, we implement a fixed-effect panel threshold model for data from the European Union. The results demonstrate that (overall) globalization significantly influences the ETI and its sub-indices at all levels. The economic complexity in all three regimes reduces TRI (at 90% or 95% confidence intervals). Nevertheless, it harms the SPI and ETI if they exceed the threshold.
Collapse
|
19
|
Mihayo IZ, Kombe GG. Do renewable energies contribute to enhancing environmental quality in Eastern Africa? ENVIRONMENTAL SCIENCE AND POLLUTION RESEARCH INTERNATIONAL 2022; 29:89093-89107. [PMID: 35849236 DOI: 10.1007/s11356-022-22002-2] [Citation(s) in RCA: 0] [Impact Index Per Article: 0] [Reference Citation Analysis] [Abstract] [Key Words] [MESH Headings] [Track Full Text] [Subscribe] [Scholar Register] [Received: 03/08/2022] [Accepted: 07/10/2022] [Indexed: 06/15/2023]
Abstract
East Africa has enormous renewable energy potential, but only a small portion of it has been exploited, and little is known on its role in improving environmental quality. Thus, this study empirically examines the impact of renewable energy on the environment using ecological footprint (EF; positive indicator) and CO2 emissions (negative indicator) as proxy indicators for environmental quality in a panel of ten East African countries from 1990 to 2015. These indicators were chosen due to their potential impact in the environment. The work used the pooled mean group (PMG) as the main panel estimator to determine the impact while controlling non-renewable energy consumption, GDP per capita, and foreign direct investment (FDI). PMG has been used as it forces the long-run coefficients to be equal across all panel groups. The findings show that in the long run, there is a significant negative relationship between CO2 emissions and renewable energy consumption, as well as a significant positive relationship (with a low impact) between EF and renewable energy consumption, suggesting that renewable energy use enhances the area's environmental quality. Also, results indicate that non-renewable energy use degrades environmental quality in both metrics, whereas GDP degrades environmental quality through CO2 emissions and improves environmental quality through EF. This requires East African countries to focus a higher emphasis on accessible renewable energy sources to achieve quick and sustainable economic growth and minimize environmental effects. To accomplish this, strategic policies and legislation, as well as the promotion of green technology, are required.
Collapse
Affiliation(s)
- Isege Z Mihayo
- Department of Environmental Engineering and Management, College of Earth Sciences and Engineering, University of Dodoma, Dodoma, Tanzania.
| | - Godlisten G Kombe
- Department of Petroleum and Energy Engineering, College of Earth Sciences and Engineering, University of Dodoma, Dodoma, Tanzania
| |
Collapse
|
20
|
Yameogo CEW, Compaore E, Yameogo KWO. Assessing the nexus between energy consumption, urbanization, and carbon dioxide emissions: does human capital matter? ENVIRONMENTAL SCIENCE AND POLLUTION RESEARCH INTERNATIONAL 2022; 29:86840-86850. [PMID: 35799007 DOI: 10.1007/s11356-022-21892-6] [Citation(s) in RCA: 0] [Impact Index Per Article: 0] [Reference Citation Analysis] [Abstract] [Key Words] [MESH Headings] [Track Full Text] [Subscribe] [Scholar Register] [Received: 12/04/2021] [Accepted: 07/02/2022] [Indexed: 06/15/2023]
Abstract
This study is intended to add to the existing body of knowledge by examining the relationship between environmental pollution, human capital, energy use, and urbanization in 7 selected ASEAN (Association of South East Asian Nations) countries from 1990 to 2019. The cross-section augmented Dickey-Fuller and cross-section augmented Im, Pesaran, and Shin (CADF and CIPS) are applied based on the cross-sectional independence test results, and the feasible generalized least squares (FGLS) and the spatial correlation consistent standard error (PSCC) are employed for empirical results. The findings indicated that the variables have a positive long-run relationship. The human capital-energy consumption interaction contributed to environmental quality improvement. Thus, the study concludes that human capital is crucial in the energy-environment relationship. ASEAN nations are advised to adopt laws and treaties to provide a healthy environment that help to keep carbon dioxide emission as low as possible.
Collapse
Affiliation(s)
| | - Etienne Compaore
- Department of Economics, Université Thomas Sankara, Ouagadougou, Burkina Faso
| | - Kiendnoma Wilfried Ousmane Yameogo
- Department of Economics, Université Thomas Sankara, Ouagadougou, Burkina Faso
- Department of Economics, Université Aube-Nouvelle, Ouagadougou, Burkina Faso
| |
Collapse
|
21
|
Anochiwa LI, Agbanike TF, Chukwu AB, Ikpe M, Otta NN. Urbanization and carbon emissions: looking at the role of mobile phone adoption in Sub-Saharan African countries. ENVIRONMENTAL SCIENCE AND POLLUTION RESEARCH INTERNATIONAL 2022; 29:78526-78541. [PMID: 35697981 DOI: 10.1007/s11356-022-20994-5] [Citation(s) in RCA: 0] [Impact Index Per Article: 0] [Reference Citation Analysis] [Abstract] [Key Words] [MESH Headings] [Track Full Text] [Subscribe] [Scholar Register] [Received: 12/30/2021] [Accepted: 05/17/2022] [Indexed: 06/15/2023]
Abstract
Despite the plethora of studies on urbanization-carbon dioxide emissions relationship, studies that consider the role of mobile phone adoption are limited in the ecological literature. This study relied on the stochastic impacts by regression on population, affluence and technology (STIRPAT) analytical framework for modelling environmental impacts and adopted fixed effects ordinary least squares with Driscoll and Kraay standard errors (FE-DK) and the novel method of moments quantile regression (MM-QR) estimation techniques to examine the role of mobile phone adoption in the urbanization-carbon dioxide emissions link for 21 SSA economies, spanning 1995-2017. Results of estimation based on FE-DK statistically provide support for population size, per capita income, energy intensity, urbanization and mobile phone adoption as determinants of the two forms of carbon dioxide emissions (consumption-based carbon dioxide emissions and production-based carbon dioxide emissions). Distributional effects of these factors explain that (i) urbanization has heterogeneous positive effect on the two forms of carbon dioxide emissions, with higher impact in economies with relatively lower level of carbon dioxide emissions and (ii) mobile phone adoption has heterogeneous negative effect on the two forms of carbon dioxide emissions, with greater impact in economies with relatively higher level of carbon dioxide emissions. The study discussed the policy implications of these results in the context of SSA countries.
Collapse
Affiliation(s)
- Lasbrey I Anochiwa
- Department of Economics and Development Studies, Alex Ekwueme Federal University, Ndufu-Alike, Ebonyi State, Nigeria
| | - Tobechi F Agbanike
- Department of Economics and Development Studies, Alex Ekwueme Federal University, Ndufu-Alike, Ebonyi State, Nigeria.
| | - Anayochukwu Basil Chukwu
- Department of Economics and Development Studies, Alex Ekwueme Federal University, Ndufu-Alike, Ebonyi State, Nigeria
| | - Marius Ikpe
- Department of Economics and Development Studies, Alex Ekwueme Federal University, Ndufu-Alike, Ebonyi State, Nigeria
| | - Nkama Nnachi Otta
- Department of Economics and Development Studies, Alex Ekwueme Federal University, Ndufu-Alike, Ebonyi State, Nigeria
| |
Collapse
|
22
|
Agboola PO, Bekun FV, Agozie DQ, Gyamfi BA. Environmental sustainability and ecological balance dilemma: accounting for the role of institutional quality. ENVIRONMENTAL SCIENCE AND POLLUTION RESEARCH INTERNATIONAL 2022; 29:74554-74568. [PMID: 35639309 PMCID: PMC9152666 DOI: 10.1007/s11356-022-21103-2] [Citation(s) in RCA: 0] [Impact Index Per Article: 0] [Reference Citation Analysis] [Abstract] [Key Words] [MESH Headings] [Track Full Text] [Figures] [Subscribe] [Scholar Register] [Received: 03/09/2022] [Accepted: 05/22/2022] [Indexed: 06/15/2023]
Abstract
Global warming is a global menace mainly driven by human anthropogenic activities. There is a need for environmental sustainability amidst increased economic growth. To this end, this study draws motivation from the United Nations Sustainable Development Goals (UNSDGs) with special focus on climate change mitigation and ecological balance. Thus, the present study analyses the dynamic relationship between economic growth, conventional energy consumption, access to technological innovation, economic globalisation, and the pertinent role of institutional quality for the case of the Russian Federation. This study employed novel combined Bayer and Hack cointegration test in conjunction with Pesaran's ARDL bounds testing for robustness. Both tests validate a long-run equilibrium relationship between the outlined variables. Furthermore, empirical results show that increase in economic activities and consumption of energy that stem from a fossil-fuel basis both have deteriorating effect on environmental sustainability for Russia. Additionally, effect of globalisation shows mixed results, such as, in the short run, economic globalisation dampens environmental quality as increase in global integration exacerbates environmental quality, while, in the long term, globalisation improves the quality of the environment. On the contribution of institutional quality, it improves environmental sustainability over the investigated period. Interestingly, renewable is seen as a panacea for environmental sustainability in the Russian Federation given its pertinent effect to improve the environment of Russia. From a policy lens, there is need for a paradigm shift to renewables and clean technologies to mitigate the effect of climate change issues. The concluding section presents more policy strategies.
Collapse
Affiliation(s)
- Phillips O. Agboola
- Mechanical Engineering Department, College of Applied Engineering, King Saud University (Al Muzahimiyah Branch), Riyadh, Saudi Arabia
| | - Festus Victor Bekun
- Faculty of Economics Administrative and Social Sciences, Istanbul Gelisim University, Istanbul, Turkey
- Adnan Kassar School of Business, Lebanese American University, Beirut, Lebanon
| | - Divine Q. Agozie
- Department of Operations and Management Information Systems, Business School, University of Ghana, Accra, Ghana
| | - Bright Akwasi Gyamfi
- Economic and Finance Application and Research Center, İstanbul Ticaret University, Istanbul, Turkey
| |
Collapse
|
23
|
Gyamfi BA, Adebayo TS, Ogbolime U. Towards a sustainable consumption approach: the effect of trade flow and clean energy on consumption-based carbon emissions in the Sub-Saharan African countries. ENVIRONMENTAL SCIENCE AND POLLUTION RESEARCH INTERNATIONAL 2022; 29:54122-54135. [PMID: 35296996 DOI: 10.1007/s11356-022-19340-6] [Citation(s) in RCA: 5] [Impact Index Per Article: 2.5] [Reference Citation Analysis] [Abstract] [Key Words] [MESH Headings] [Track Full Text] [Subscribe] [Scholar Register] [Received: 01/05/2022] [Accepted: 02/17/2022] [Indexed: 06/14/2023]
Abstract
Environmental degradation has accelerated rapidly in recent decades. Researchers and policymakers around the world have concentrated their efforts on this phenomenon because of its effect on human beings. Because of the expanding desire for fossil fuels in developed and developing nations, there has been minimal worldwide agreement on how energy consumption and carbon emissions can be reduced in recent years. On the other hand, several nations are implementing steps to adhere to the Paris Climate Agreement, which was signed in 2015. Therefore, this research intends to examine the effect of trade, economic growth, natural resources, clean energy, and urbanization on consumption-based carbon emissions (CCO2) for economies in Sub-Saharan Africa (SSA) from 1990 to 2018. The study employed second-generation techniques including CS-ARDL, which revealed that trade flow, income, natural resources, and urbanization exert a positive impact on CCO2 emissions. Furthermore, the interaction between trade and income contribute to the increase in CCO2 emissions. In addition, clean energy impacts CCO2 emissions negatively. From the causality analysis, it is observed that there is a feedback causality between CCO2 emissions and income, clean energy, and urbanization, while a one-way causality was detected running from natural resources rent to CCO2 emission. These outcomes might help policymakers to adopt measures that are eco-friendly such as the utilization of clean energy in order for countries in Sub-Saharan Africa to attain a green environment.
Collapse
Affiliation(s)
- Bright Akwasi Gyamfi
- Economic and Finance Application and Research Center, İstanbul Ticaret University, İstanbul, Turkey
| | - Tomiwa Sunday Adebayo
- Faculty of Economics and Administrative Sciences, Department of Business Administration, Cyprus International University, via Mersin 10, Nicosia, North Cyprus, Turkey.
| | - Uzoma Ogbolime
- Faculty of Economics and Administrative Sciences, Cyprus International University, Via Mersin 10, Nicosia, North Cyprus, Turkey
| |
Collapse
|
24
|
Tian Y, Li L. Impact of financial inclusion and globalization on environmental quality: evidence from G20 economies. ENVIRONMENTAL SCIENCE AND POLLUTION RESEARCH INTERNATIONAL 2022; 29:61265-61276. [PMID: 35438398 DOI: 10.1007/s11356-022-19618-9] [Citation(s) in RCA: 2] [Impact Index Per Article: 1.0] [Reference Citation Analysis] [Abstract] [Key Words] [MESH Headings] [Track Full Text] [Subscribe] [Scholar Register] [Received: 02/14/2022] [Accepted: 03/04/2022] [Indexed: 06/14/2023]
Abstract
Sustainable development and addressing climate change are among the most pressing issues faced by countries around the world. This research investigates the dynamic associations between financial inclusion, globalization and CO2 emissions of G20 nations from 2005 to 2018, considering the effects of industrial structure, corruption, green energy utilization and economic growth as control variables. In this study, both financial inclusion and globalization index were measured using principal component analysis (PCA). This study examines long-term associations using cross-sectional augmented autoregressive distributed lag (CS-ARDL) technique that offers more accurate outcomes. In addition, the VECM Granger causality method was applied to find causal relationships between study variables. Findings show that in financial inclusion, globalization has positive significant effect on carbon emissions. Moreover, corruption and economic have positive impact on carbon emissions, and renewable energy shows negative impact on environmental quality. The findings of this research are critical for achieving sustainable development and pollution control goals. Governments need to work to bring into line the financial inclusion goals with renewable energy consumption habits and environmental strategies.
Collapse
Affiliation(s)
- Yuan Tian
- School of Finance, Shanghai Lixin University of Accounting and Finance, 995 Shangchuan Road, Shanghai, 201209, China
| | - Luxi Li
- School of Finance, Shanghai University of Finance and Economics, 100 Wudong Road, Shanghai, 200433, China.
- Department of Scientific Research, Shanghai Lixin University of Accounting and Finance, 995 Shangchuan Road, Shanghai, 201209, China.
| |
Collapse
|
25
|
Does Globalization Cause Greenhouse Gas Emissions in Pakistan? A Promise to Enlighten the Value of Environmental Quality. INTERNATIONAL JOURNAL OF ENVIRONMENTAL RESEARCH AND PUBLIC HEALTH 2022; 19:ijerph19148678. [PMID: 35886530 PMCID: PMC9324046 DOI: 10.3390/ijerph19148678] [Citation(s) in RCA: 1] [Impact Index Per Article: 0.5] [Reference Citation Analysis] [Abstract] [Key Words] [Track Full Text] [Download PDF] [Figures] [Subscribe] [Scholar Register] [Received: 05/11/2022] [Revised: 06/27/2022] [Accepted: 07/01/2022] [Indexed: 02/01/2023]
Abstract
Global environmental issues such as environmental degradation, climate change, and global warming have posed a threat to the global economy, including Pakistan. The primary source of these problems is greenhouse gas emissions. These emissions are the result of human activity. The objective of the study was to investigate the symmetric and asymmetric relationship between globalization and greenhouse gas emissions in Pakistan. The ARDL modern econometric techniques of the time series model were used. Firstly, the stationarity test favors the use of the ARDL model in this study. The BDS test result confirmed that the ARDL model has a non-linearity issue. As a result, the ARDL approach was used to test both the symmetric and asymmetric effect. The results of the asymmetric ARDL model are more robust and reliable than those of the symmetric ARDL model. According to the results of the symmetric ARDL, economic, social, and political globalization have a positive relationship with greenhouse gas emissions in both the short and long run. Furthermore, the long-run results of the asymmetric ARDL model show that positive and negative shocks of economic and political globalization have positive and negative shock effects on greenhouse gas emissions. In the long run, however, the positive shock of social globalization has a negative relationship with greenhouse gas emissions. According to the results of impulse response functions, economic globalization has a significantly more relationship with greenhouse gas emissions than social and political globalization. A policy should be developed that allows only the positive effects of globalization while prohibiting the negative effects of globalization.
Collapse
|
26
|
Sahoo B, Behera DK, Rahut D. Decarbonization: examining the role of environmental innovation versus renewable energy use. ENVIRONMENTAL SCIENCE AND POLLUTION RESEARCH INTERNATIONAL 2022; 29:48704-48719. [PMID: 35199265 PMCID: PMC8865182 DOI: 10.1007/s11356-022-18686-1] [Citation(s) in RCA: 0] [Impact Index Per Article: 0] [Reference Citation Analysis] [Abstract] [Key Words] [MESH Headings] [Grants] [Track Full Text] [Figures] [Subscribe] [Scholar Register] [Received: 10/12/2021] [Accepted: 01/11/2022] [Indexed: 06/14/2023]
Abstract
Climate change resulting from a rapid increase in greenhouse gas (GHG) emissions is adversely affecting humanity. If the GHG emission continues to rise at the current pace, humanity will face severe consequences and reverse all the progress made. This paper, therefore, uses relevant data from 14 developing countries in Asia from 1990 to 2018 to examine the potential impact of environmental innovation on CO2 emissions by controlling globalization, urbanization, and economic growth. The number of environmental-related technology patents is used as a measure of environmental innovation. We employed a panel long-run regression model - FMOLS, PCSE, and FGLS to estimate the elasticity of CO2 emissions. For causal association among variables, we used Dumitrescu-Hurlin Granger causality tests. Our results show that renewable energy consumption and globalization have a significant impact in reducing CO2 emissions, while environmental technology innovations play a meager role in reducing emissions and only when economic growth support those type of investment. Furthermore, we found urbanization, oil consumption, and economic growth is detrimental to the environment, which is also evident in past studies. Therefore, countries should invest in renewable energy and environmental innovation aligned with the growth to reduce GHG emissions.
Collapse
Affiliation(s)
- Bhagaban Sahoo
- Department of Economics, Anandapur College, Department of Education, Government of Odisha, Anandapur, Odisha 758021 India
| | - Deepak Kumar Behera
- Department of Commerce, Manipal Academy of Higher Education, Manipal, Karnataka 576104 India
| | - Dil Rahut
- Asian Development Bank Institute, Tokyo, 100-6008 Japan
| |
Collapse
|
27
|
Kurramovich KK, Abro AA, Vaseer AI, Khan SU, Ali SR, Murshed M. Roadmap for carbon neutrality: the mediating role of clean energy development-related investments. ENVIRONMENTAL SCIENCE AND POLLUTION RESEARCH INTERNATIONAL 2022; 29:34055-34074. [PMID: 35034299 DOI: 10.1007/s11356-021-17985-3] [Citation(s) in RCA: 1] [Impact Index Per Article: 0.5] [Reference Citation Analysis] [Abstract] [Key Words] [MESH Headings] [Track Full Text] [Subscribe] [Scholar Register] [Received: 09/15/2021] [Accepted: 12/03/2021] [Indexed: 04/16/2023]
Abstract
Recently, the Japanese government has announced the national objective of turning the economy of Japan carbon-neutral by 2050. This declaration has therefore enhanced the imperativeness of replacing the use of unclean energy with cleaner alternatives so that the carbon-neutrality agenda can be attained in due course. Against this backdrop, this study aims to assess whether enhancing government investments in research and development for developing clean energy can help Japan curb its carbon dioxide emission figures. In addition, the analysis also controls for the environmental effects of clean electricity output, economic growth, international trade, financial globalization, and urbanization on Japan's carbon dioxide emission figures. The cointegration test results confirm long-run relationships between all these variables. Besides, the regression results showed that scaling-up research and development-related investments for clean energy development reduces carbon dioxide emissions only in the long run. Similar emission-inhibiting impacts are also evidenced to be associated with greater output of clean energy-fired electricity. Moreover, it is also observed that higher clean energy development-related investments play a mediating role in amplifying the carbon dioxide emission-reducing effects of clean electricity generation in the long run. In addition, economic growth is seen to dampen environmental quality by triggering higher emissions of carbon dioxide both in the short and long run. Simultaneously, enhancing openness to international trade and greater urbanization is found to boost the carbon dioxide emission figures of Japan. However, an influx of foreign direct investments is not observed to influence carbon dioxide emissions in Japan, neither in the short run nor in the long run. Accordingly, concerning the achievement of carbon neutrality goal by 2050, these findings emphasize the importance of boosting clean energy development-related investments, increasing clean electricity output, greening economic activities, reducing the trade of unclean commodities, adopting environmentally sustainable urbanization policies, and facilitating the influx of clean foreign direct investments within the Japanese economy.
Collapse
Affiliation(s)
| | - Asif Ali Abro
- Newports Institute of Communications and Economics, Karachi, Pakistan
| | - Arif I Vaseer
- Faculty of Management Sciences, Capital University of Science and Technology, Islamabad, Pakistan
| | - Saad Uddin Khan
- Department of Economics, University of Karachi, Karachi, Pakistan
| | - Syed Rashid Ali
- Department of Economics, University of Karachi, Karachi, Pakistan
| | - Muntasir Murshed
- School of Business and Economics, North South University, Dhaka, 1229, Bangladesh.
| |
Collapse
|
28
|
Majeed MT, Luni T, Tahir T. Growing green through biomass energy consumption: the role of natural resource and globalization in a world economy. ENVIRONMENTAL SCIENCE AND POLLUTION RESEARCH INTERNATIONAL 2022; 29:33657-33673. [PMID: 35028836 DOI: 10.1007/s11356-021-18017-w] [Citation(s) in RCA: 0] [Impact Index Per Article: 0] [Reference Citation Analysis] [Abstract] [Key Words] [MESH Headings] [Track Full Text] [Subscribe] [Scholar Register] [Received: 09/13/2021] [Accepted: 12/05/2021] [Indexed: 06/14/2023]
Abstract
Energy consumption supports the basic needs of society. The way energy is produced matters for the global economy and environmental quality. The present study explores the impact of biomass energy consumption on environmental quality across heterogeneous income groups over the period 1971-2018. The cointegration is analyzed through the Wester-Lund cointegration test. The study used Fully Modified (FMOLS) and Dynamic Ordinary Least Squares (DOLS) to examine the long-run relationship between biomass energy and environmental quality in the presence of economic growth, urbanization, natural resource, and globalization. The results validate the potential of biomass energy consumption for emission reduction in the high-income group while environmental deteriorating role in upper-middle-income, lower-middle-income, and low-income groups. Our empirical findings support an inverted U-shaped relationship in the high-income and upper-middle-income groups while a U-shaped relationship between income and environmental quality exists in lower-middle-income and low-income groups. Globalization improves environmental quality in high-income and upper-middle-income groups while resulting in higher emissions in lower-middle, and low-income economies. Natural resource rent degrades the environment in high-income economies while lowering emissions in upper-middle, lower, and low-income economies. The results from Pooled Mean group and Driscoll Kray estimation also support these findings.
Collapse
Affiliation(s)
| | - Tania Luni
- School of Economics, University of Balochistan, Quetta, Pakistan.
| | - Tasmeena Tahir
- School of Economics, Quaid-I-Azam University, Islamabad, Pakistan
| |
Collapse
|
29
|
Ullah S, Ali K, Shah SA, Ehsan M. Environmental concerns of financial inclusion and economic policy uncertainty in the era of globalization: evidence from low & high globalized OECD economies. ENVIRONMENTAL SCIENCE AND POLLUTION RESEARCH INTERNATIONAL 2022; 29:36773-36787. [PMID: 35064882 PMCID: PMC8783182 DOI: 10.1007/s11356-022-18758-2] [Citation(s) in RCA: 19] [Impact Index Per Article: 9.5] [Reference Citation Analysis] [Abstract] [Key Words] [MESH Headings] [Track Full Text] [Subscribe] [Scholar Register] [Received: 08/26/2021] [Accepted: 01/15/2022] [Indexed: 05/22/2023]
Abstract
Environmental consequences of financial aspects, policy uncertainties and rapid globalization is the topic of intense debate in present years. However, this study contribute to existing literature in an innovative way. We classified the 33 OECD economies in two group's lower globalized economies (LGE) and highly globalized economies (HGE), based on their level of globalization. Considering the cross-sectional dependency and slope heterogeneity in the data this study employed the Augmented Mean Group method to estimate the influence of financial inclusion, economic policy uncertainty and globalization on the environment quality of both groups for the period 1996-2019. The results revealed a negative significant impact of financial inclusion, while a positive significant impact of economic policy uncertainty on CO2 emissions in both groups, LGE and HGE. However the globalization estimated to have positive impact on CO2 emission in LGE's, in HGE's it is significantly impeding the CO2 emission. The interaction of globalization with financial inclusion and economic policy uncertainty respectively found negative and positive to effect the CO2 in both LGE's and HGE's. The study suggests that, LGE's are need to prepare for economic globalization, move toward adopting energy-efficient technology and promote trade in less-polluting products in order to sustain their environment quality. The outcomes of this study are robust by employing different model specifications.
Collapse
Affiliation(s)
- Sami Ullah
- Research Center for Labor Economics and Human Resources, Shandong University, Weihai, China
| | - Kishwar Ali
- School of Management, Jiangsu University, Zhenjiang, China
| | | | - Muhammad Ehsan
- Faculty of Management Sciences, National University of Modern Languages, Islamabad, Pakistan
| |
Collapse
|
30
|
Karahasan BC, Pinar M. The environmental Kuznets curve for Turkish provinces: a spatial panel data approach. ENVIRONMENTAL SCIENCE AND POLLUTION RESEARCH INTERNATIONAL 2022; 29:25519-25531. [PMID: 34843050 PMCID: PMC8986703 DOI: 10.1007/s11356-021-17706-w] [Citation(s) in RCA: 2] [Impact Index Per Article: 1.0] [Reference Citation Analysis] [Abstract] [Key Words] [MESH Headings] [Track Full Text] [Subscribe] [Scholar Register] [Received: 08/04/2021] [Accepted: 11/16/2021] [Indexed: 05/15/2023]
Abstract
This paper aims to test the existence of the environmental Kuznets curve (EKC) hypothesis using SO2 measurements in Turkish provinces between 2004 and 2019. The existing studies concerning the EKC hypothesis for Turkey either use a country-level analysis or panel data techniques covering provincial data that do not account for the spatial dimension. To account for the spatial dependence and overcome the biases resulting from the existence of such spatial spillovers, this paper combines the traditional panel data methodology with the recent advances in spatial econometrics. Our findings confirm the presence of a non-linear link between regional economic prospects and environmental degradation. However, unlike the core expectations of the EKC hypothesis, our results demonstrate a U-shaped relationship between economic development and SO2 levels. Moreover, these findings are robust to the inclusion of a spatial battery which highlights the existence of regional spillovers. Overall, our results show that the post-2000 epoch calls for a different action plan to mitigate the rising impact of environmental degradation in Turkey.
Collapse
Affiliation(s)
| | - Mehmet Pinar
- Business School, Edge Hill University, Ormskirk, L39 4QP Lancashire UK
| |
Collapse
|
31
|
Sarwat S, Godil DI, Ali L, Ahmad B, Dinca G, Khan SAR. The role of natural resources, renewable energy, and globalization in testing EKC Theory in BRICS countries: Method of Moments Quantile. ENVIRONMENTAL SCIENCE AND POLLUTION RESEARCH INTERNATIONAL 2022; 29:23677-23689. [PMID: 34811617 DOI: 10.1007/s11356-021-17557-5] [Citation(s) in RCA: 2] [Impact Index Per Article: 1.0] [Reference Citation Analysis] [Abstract] [Key Words] [MESH Headings] [Track Full Text] [Subscribe] [Scholar Register] [Received: 08/06/2021] [Accepted: 11/12/2021] [Indexed: 05/16/2023]
Abstract
This paper aims to validate the EKC hypothesis for BRICS countries, in the presence of natural resources, renewable energy, and globalization factors. FMOLS, DOLS, Method of Moments Quantile Regression (MMQR), and heterogeneous panel causality tests have been applied on the BRICS panel from 1990 to 2014. According to FMOLS and DOLS techniques, the EKC hypothesis does exist in BRICS countries in the presence of alternative energy resources and globalization, whereas quantile level analysis does not support globalization as a significant factor for environmental degradation. Quantile regression validates the EKC hypothesis with a direct association of natural resources and inverse association of renewable energy with environmental degradation. Heterogeneous panel causality also confirms the bidirectional Granger causality between all the variables and CO2, except globalization, which means that panel causality is endorsing the results of MMQR. Thus, it is recommended to encourage the usage of renewable energy resources in BRICS countries.
Collapse
Affiliation(s)
- Salman Sarwat
- Benazir Bhutto Shaheed University Lyari, Karachi, Pakistan.
| | | | - Liaqat Ali
- Department of Management Studies, Bahria Business School, Bahria University, Karachi, Pakistan
| | | | - Gheorghita Dinca
- Faculty of Economics and Business Administration, Universitatea Transilvania Brasov, Brasov, Romania
| | - Syed Abdul Rehman Khan
- School of Management, Xuzhou University of Technology, Xuzhou, China
- School of Economics and Management, Tsinghua University, Beijing, China
| |
Collapse
|
32
|
Kocoglu M, Awan A, Tunc A, Aslan A. The nonlinear links between urbanization and CO 2 in 15 emerging countries: Evidence from unconditional quantile and threshold regression. ENVIRONMENTAL SCIENCE AND POLLUTION RESEARCH INTERNATIONAL 2022; 29:18177-18188. [PMID: 34677769 DOI: 10.1007/s11356-021-16816-9] [Citation(s) in RCA: 3] [Impact Index Per Article: 1.5] [Reference Citation Analysis] [Abstract] [Key Words] [MESH Headings] [Track Full Text] [Subscribe] [Scholar Register] [Received: 07/13/2021] [Accepted: 09/26/2021] [Indexed: 06/13/2023]
Abstract
The extant literature has provided empirical evidence about the relationship between urbanization and the environment; however, little attention has been paid to the non-linear relationship among them. This study aims to measure the effects of urbanization on carbon dioxide emission using quantile and threshold regression methods. To this end, the study employed threshold analysis and quantile regression methods in a sample of 15 emerging economies from 1995 to 2015 and analyzed the variation of such non-linearity at different levels of carbon dioxide. The results illustrate that a single threshold and two regimes exist and the threshold for urbanization is 29.56%. Among the two regimes, the elasticity estimates form an inverted U-shape impact of urbanization on carbon dioxide emission. The increase in the marginal effect of urbanization on carbon dioxide emissions up to the median level and a declining trend after this level implies that environmental quality is likely to improve in the emerging countries.
Collapse
Affiliation(s)
- Mustafa Kocoglu
- Faculty of Communication, Department of Public Relations and Publicity, Erciyes University, Kayseri, Turkey.
| | - Ashar Awan
- Nisantasi University Graduate School, Istanbul, Turkey
- Kashmir Institute of Economics, University of Azad Jammu and Kashmir, Muzaffarabad, Pakistan
| | - Ahmet Tunc
- Faculty of Economics and Administrative Sciences, Department of Economics, Sirnak University, Sirnak, Turkey
| | - Alper Aslan
- Faculty of Aeronautics and Astronautics, Department of Aviation Management, Erciyes University, Kayseri, Turkey
| |
Collapse
|
33
|
Gyamfi BA. Consumption-based carbon emission and foreign direct investment in oil-producing Sub-Sahara African countries: the role of natural resources and urbanization. ENVIRONMENTAL SCIENCE AND POLLUTION RESEARCH INTERNATIONAL 2022; 29:13154-13166. [PMID: 34570318 DOI: 10.1007/s11356-021-16509-3] [Citation(s) in RCA: 17] [Impact Index Per Article: 8.5] [Reference Citation Analysis] [Abstract] [Key Words] [MESH Headings] [Track Full Text] [Subscribe] [Scholar Register] [Received: 04/08/2021] [Accepted: 09/08/2021] [Indexed: 06/13/2023]
Abstract
The intensification of international trade movements and economic interconnectivity has far-reaching implications for many macroeconomic indicators, not to mention ecological consequences. To this end, this analysis examines the dynamic interaction between foreign direct investment (FDI), natural resources, economic advancement, and urbanization on consumption-based carbon emission which is adjusted to global trade for oil-producing Sub-Saharan Africa countries. The time frame for this analysis is from 1990 to 2018. To examine the nature of relationship between the outlined variables, a balanced panel econometric analysis alongside augmented mean group (AMG), common correlated effect mean group (CCEMG), and the Driscoll-Kraay(DK) OLS techniques while the system-GMM was utilized for robustness purposes. The outcomes reveal that income increases consumption-based carbon emission within the range of 0.668 to 1.1333%; natural resources also increase consumption-based carbon emission within the range of 0.0159 to 0.2304%; FDI on the other hand increases consumption-based carbon emission around 0.0156 to 0.186%, while urbanization increases consumption-based carbon emission within the range of 0.0231 to 0.6176% in the long run. Thus, there is a positive relationship between consumption-based carbon emission and all the understudied variables within the oil-producing Sub-Sahara Africa countries thereby affirming the pollutant haven hypothesis for the countries on the premises that foreign direct investment inflow has a detrimental influence on the receiving economies alongside natural resource. Hence, the outcomes suggest the need to pursue low-carbon strategies for a cleaner and friendly environment.
Collapse
Affiliation(s)
- Bright Akwasi Gyamfi
- Faculty of Economics and Administrative Sciences, Cyprus International University, Via Mersin 10, Nicosia, North Cyprus, Turkey.
| |
Collapse
|
34
|
Wang QJ, Geng Y, Xia XQ. The Impact of Globalization on Forest Growth: Evidence from Multinational Panel Data. INTERNATIONAL JOURNAL OF ENVIRONMENTAL RESEARCH AND PUBLIC HEALTH 2021; 18:ijerph182412969. [PMID: 34948579 PMCID: PMC8700828 DOI: 10.3390/ijerph182412969] [Citation(s) in RCA: 0] [Impact Index Per Article: 0] [Reference Citation Analysis] [Abstract] [Key Words] [MESH Headings] [Track Full Text] [Download PDF] [Figures] [Subscribe] [Scholar Register] [Received: 11/07/2021] [Revised: 12/06/2021] [Accepted: 12/06/2021] [Indexed: 12/02/2022]
Abstract
Even though some existing literature has studied the impact of globalization on forest growth, this research remains inconclusive; moreover, little clarification has emerged as to whether the influence of globalization on forest growth is consistent among different countries. To fill this research gap, we investigated the impact of globalization on forest growth and considered what factors could change the influence of the former upon the latter. To empirically investigate these essential issues, we utilized cross-country data covering 108 countries during the period 1991–2018 to conduct a system generalized method of moment (GMM) estimation. The baseline results confirm the positive impact of globalization on forest growth, which is also supported by several robustness tests, such as changing the measurements and setting new samples. Furthermore, an increase in globalization would bring about higher forest growth. Aside from this, two specific dimensions of globalization, namely economics and trade, can also protect forest growth. Additionally, a higher FDI strengthens the positive impact of globalization on forest growth, while aging, industrial share, and CO2 emissions weaken it. Finally, the impact of globalization on forests is weaker in democracies, emerging markets, and countries with higher fiscal freedoms, while it is stronger in countries with higher political stability. Our study provides substantial policy implications for governments participating in international treaties related to forest growth. The structure of this paper is organized as follows.
Collapse
Affiliation(s)
- Quan-Jing Wang
- School of Business, Zhengzhou University, 100 Kexue Road, Zhengzhou 450001, China;
| | - Yong Geng
- School of Environment and Science Engineering, Shanghai Jiaotong University, 800 Dongchuan Road, Shanghai 200240, China;
| | - Xi-Qiang Xia
- School of Business, Zhengzhou University, 100 Kexue Road, Zhengzhou 450001, China;
- Correspondence:
| |
Collapse
|
35
|
Su Y, Jiang Q, Khattak SI, Ahmad M, Li H. Do higher education research and development expenditures affect environmental sustainability? New evidence from Chinese provinces. ENVIRONMENTAL SCIENCE AND POLLUTION RESEARCH INTERNATIONAL 2021; 28:66656-66676. [PMID: 34235685 PMCID: PMC8262590 DOI: 10.1007/s11356-021-14685-w] [Citation(s) in RCA: 2] [Impact Index Per Article: 0.7] [Reference Citation Analysis] [Abstract] [Key Words] [MESH Headings] [Track Full Text] [Subscribe] [Scholar Register] [Received: 03/23/2021] [Accepted: 05/30/2021] [Indexed: 05/20/2023]
Abstract
Even though higher education R&D expenditures (HEEXP) are important determinants of economic growth that facilitate science, technology, new ideas, and innovation, yet its effect on environmental sustainability remains unexplored. This paper examines the nexus between HEEXP and carbon dioxide emissions (CO2e), followed by control variables such as electricity consumption (EC), foreign direct investment (FDI), gross domestic product (GDP), and total population (TP) for the period 2000Q1-2019Q4. Data were evaluated using different tests, e.g., the cross-sectional dependence test, cross-sectionally augmented Dickey-Fuller unit root test, Westerlund error-correction-based panel cointegration test, mean group, augmented mean group, common correlated effects mean group, and Dumitrescu-Hurlin panel causality test. First, the results validated the cointegration association among HEEXP, EC, FDI, GDP, TP, and CO2e. Second, the finding showed significant long-term negative nexus between HEEXP and CO2e. Third, the findings indicated that electricity consumption, foreign direct investment, gross domestic product, and total population are the important factors that intensify the overall situation of CO2e. Fourth, the results indicated that there exists bidirectional causality between EC and CO2e; FDI and CO2e; GDP and CO2e; POP and CO2e; and HEEXP and CO2e. This paper's findings call for devising policies and strengthening financial support to induce higher education for developing green patents.
Collapse
Affiliation(s)
- Yawen Su
- Faculty of Humanities, The Education University of Hong Kong, 10 Luping Road, Taipo, Hong Kong
| | - Qingquan Jiang
- School of Economics and Management, Xiamen University of Technology, Xiamen, 361024, China
| | | | - Manzoor Ahmad
- School of Economics, Department of Industrial Economics, Nanjing University, Nanjing, China.
| | - Hui Li
- Institute of Vocational Education, Xiamen City University, Xiamen, 361005, China
| |
Collapse
|
36
|
Abban OJ, Hongxing Y. What initiates carbon dioxide emissions along the Belt and Road Initiative? An insight from a dynamic heterogeneous panel data analysis based on incarnated carbon panel. ENVIRONMENTAL SCIENCE AND POLLUTION RESEARCH INTERNATIONAL 2021; 28:64516-64535. [PMID: 34309762 DOI: 10.1007/s11356-021-14779-5] [Citation(s) in RCA: 2] [Impact Index Per Article: 0.7] [Reference Citation Analysis] [Abstract] [Key Words] [MESH Headings] [Track Full Text] [Subscribe] [Scholar Register] [Received: 01/20/2021] [Accepted: 06/02/2021] [Indexed: 06/13/2023]
Abstract
The Belt and Road Initiative (BRI), as an economic cooperation, provides interaction between the relevant countries and China. This cooperation between the BRI economies is basically aimed at increasing economic development. However, economic cooperation affects humanity in many ways, such as job creation, economic growth, environmental changes, and changes in the consumption of energy. Among these changes, considerable attention has been drawn to CO2 emissions arising from economic growth and its related environmental changes. This attention is vital in order to achieve the UN sustainable development goal 13: urgent action to combat climate change and regulations for the emissions of CO2. Thus, this study explores the determinants of CO2 emissions along the BRI, taking into consideration if countries are net importers or exporters of incarnated carbon dioxide. The econometrics applied indicated the presence of slope heterogeneity and cross-sectional dependencies across the various panels. Applying the Westerlund bootstrap co-integration unveiled the presence of a long-run equilibrium association among the variables. The results from the dynamic common correlated estimator (DCCE) revealed that the contribution weight (order of importance) to CO2 emissions varies across panel clusters. The causality results unveiled a bidirectional causation in all panels between economic growth and CO2 emissions. Trade openness and CO2 emissions have a bidirectional effect in the belt and road and net exporters of incarnated carbon dioxide panels. Based on the results obtained, the policy implications suggested that (a) energy transition from fossil fuel usage to renewables will play a crucial role in mitigating economic growth's environmental pressures and (b) governments along the BRI could also implement subsidy swaps involving the transfer of government aid from oil and coal gas to renewable sources, including wind and solar.
Collapse
Affiliation(s)
- Olivier Joseph Abban
- Institute of Applied Systems and Analysis (IASA), School of Mathematical Science, Jiangsu University, Zhenjiang, 212013, People's Republic of China.
| | - Yao Hongxing
- Institute of Applied Systems and Analysis (IASA), School of Mathematical Science, Jiangsu University, Zhenjiang, 212013, People's Republic of China.
- School of Finance and Economics, Jiangsu University, Zhenjiang, 212013, People's Republic of China.
| |
Collapse
|
37
|
Usman M, Yaseen MR, Kousar R, Makhdum MSA. Modeling financial development, tourism, energy consumption, and environmental quality: Is there any discrepancy between developing and developed countries? ENVIRONMENTAL SCIENCE AND POLLUTION RESEARCH INTERNATIONAL 2021; 28:58480-58501. [PMID: 34115304 DOI: 10.1007/s11356-021-14837-y] [Citation(s) in RCA: 10] [Impact Index Per Article: 3.3] [Reference Citation Analysis] [Abstract] [Key Words] [MESH Headings] [Track Full Text] [Subscribe] [Scholar Register] [Received: 03/16/2021] [Accepted: 06/07/2021] [Indexed: 06/12/2023]
Abstract
The main purpose of this study is to explore the dynamic association between financial development, tourism, primary and renewable energy utilization, urbanization, and carbon emission by employing the longitudinal data of 52 countries from 1995 to 2017. Empirical results of panel pooled mean group-autoregressive distributive lag (PMG-ARDL) model reveal that financial development significantly improves the environmental quality in developed countries. However, it has a detrimental but insignificant effect on the environment in developing countries. In the case of developed countries, the profound tourism sector is more harmful to the environment due to a large number of tourist arrivals in contrast to the developing countries. There is a wide difference between developed and developing countries concerning industrial, regional, and economic structure, in the effect of financial and tourism development on carbon emission, but both urbanization and primary energy utilization promote carbon emissions. The utilization of renewable energy sources improves the environmental quality in both regions. Generally, it is suggested that investment in renewable energy resources in both regions affects pollution differently and still has the potential to accelerate environmental quality. Moreover, the panel causality test explores that there exists bidirectional causality between financial development, primary energy, and carbon emission in both regions, while a unidirectional causality is observed from urbanization to carbon emission in developed countries. In developing countries, it exists from tourism to carbon emission and carbon emission to renewable energy. Finally, from policy perspectives, the results of this research recommend developing the financial system, and more funds should be allocated in modern and eco-friendly energy projects and utilized energy-efficient technologies.
Collapse
Affiliation(s)
- Muhammad Usman
- Department of Economics, Government College University Faisalabad, Faisalabad, 38000, Pakistan
| | - Muhammad Rizwan Yaseen
- Department of Economics, Government College University Faisalabad, Faisalabad, 38000, Pakistan
| | - Rakhshanda Kousar
- Faculty of Social Sciences, Institute of Agricultural and Resource Economics, University of Agriculture Faisalabad, Faisalabad, 38000, Pakistan
| | | |
Collapse
|
38
|
Revisited Globalization's Impact on Total Environment: Evidence Based on Overall Environmental Performance Index. INTERNATIONAL JOURNAL OF ENVIRONMENTAL RESEARCH AND PUBLIC HEALTH 2021; 18:ijerph182111419. [PMID: 34769936 PMCID: PMC8583540 DOI: 10.3390/ijerph182111419] [Citation(s) in RCA: 3] [Impact Index Per Article: 1.0] [Reference Citation Analysis] [Abstract] [Key Words] [Track Full Text] [Download PDF] [Subscribe] [Scholar Register] [Received: 09/21/2021] [Revised: 10/27/2021] [Accepted: 10/28/2021] [Indexed: 11/29/2022]
Abstract
This study aims to examine the impact of globalization on environmental performance by employing panel data for 148 countries from 2001 to 2018, via the indicator of Environmental Performance Index to capture the overall environmental quality and KOF index to measure the multi dimensions of globalization. The empirical results suggest that globalization is critical to environmental performance, which is reliable while we conduct several robustness tests. Furthermore, if globalization increases, it would be beneficial for the environmental performance; moreover, among specific dimensions of globalization, economic globalization, social globalization and political globalization would bring about better environmental performance. Besides, the improvement of globalization, social globalization and political globalization would bring about better environmental performance, while that of economic globalization cannot change the overall environmental performance. Our study offers more insight into the relationship between globalization and environmental performance.
Collapse
|
39
|
Sahoo M, Sethi N. The intermittent effects of renewable energy on ecological footprint: evidence from developing countries. ENVIRONMENTAL SCIENCE AND POLLUTION RESEARCH INTERNATIONAL 2021; 28:56401-56417. [PMID: 34053045 DOI: 10.1007/s11356-021-14600-3] [Citation(s) in RCA: 28] [Impact Index Per Article: 9.3] [Reference Citation Analysis] [Abstract] [Key Words] [MESH Headings] [Track Full Text] [Subscribe] [Scholar Register] [Received: 01/04/2021] [Accepted: 05/24/2021] [Indexed: 06/12/2023]
Abstract
This paper examines the relationship between renewable, non-renewable energy, natural resources, human capital, and globalization on ecological footprint from 1990 to 2016 for developing countries. We apply Westerlund co-integration technique to check the long-run relationship among the variables. The long-run elasticity of the model is analyzed through MG, AMG, and DCCE. For the robustness check of the long-run relationship among the variables, we use FMOLS and DOLS approach. The direction of causal relationship is determined through Dumitrescu and Hurlin causality test. Our findings revealed that economic growth, non-renewable energy, natural resource, and urbanization are inducing the ecological footprint of developing countries and reducing the environment's quality. To cope up with this situation, developing countries are bound to use more fossil fuel energy. The use of non-renewable energy consumption leads to increase the extraction of natural resources like coal and oil. However, renewable energy reduces the ecological footprint or improves environmental quality. Similarly, human capital and globalization have negative effects on ecological footprint. The results of causality test reveal that there are feedback effects between ecological footprint with economic growth, globalization, and natural resources. This study suggests that these developing countries should focus more on the investment in the renewable energy sector, improve quality education, and make stringent environmental policy for protecting the nations from ecological issues.
Collapse
Affiliation(s)
- Malayaranjan Sahoo
- Department of Humanities and Social Sciences, National Institute of Technology Rourkela, Rourkela, Odisha, 769008, India.
| | - Narayan Sethi
- Department of Humanities and Social Sciences, National Institute of Technology Rourkela, Rourkela, Odisha, 769008, India
| |
Collapse
|
40
|
Huang Y, Wu H, Zhu H. Time-frequency relationship between R&D intensity, globalization, and carbon emissions in G7 countries: evidence from wavelet coherence analysis. ENVIRONMENTAL SCIENCE AND POLLUTION RESEARCH INTERNATIONAL 2021; 28:51908-51927. [PMID: 33991302 DOI: 10.1007/s11356-021-14369-5] [Citation(s) in RCA: 0] [Impact Index Per Article: 0] [Reference Citation Analysis] [Abstract] [Key Words] [MESH Headings] [Track Full Text] [Subscribe] [Scholar Register] [Received: 12/16/2020] [Accepted: 05/07/2021] [Indexed: 06/12/2023]
Abstract
The seven leading industrial countries, called the G7, are becoming a pivotal group to fulfil their emissions-reduction commitments to manage the climate crisis. This paper investigates the relationships between R&D intensity, globalization, and carbon emissions in the context of the G7 countries for the period from 1970 to 2017. Our analysis, which examines these relationships, focuses on the wavelet coherence approach to conduct time-frequency domain analyses. The empirical results show that there is heterogeneity across different time scales and frequencies for R&D intensity, globalization, and carbon emissions within each country. Specifically, R&D intensity and globalization are negatively correlated with carbon emissions for the G7 countries, except Japan, for which they are positive. The long-term correlations between R&D intensity, globalization, and carbon emissions are higher than those in the short- and medium-term periods. In addition, the multiscale connectedness network results reveal that the strongest bidirectional correlations exist between energy consumption, economic growth, and carbon emissions. Our results provide a useful reference for policymakers in the G7 countries to effectively regulate carbon emissions.
Collapse
Affiliation(s)
- Yuan Huang
- School of Economics & Management, Changsha University of Science & Technology, Changsha, Hunan, China
| | - Hao Wu
- School of Business Administration, Hunan University, Changsha, Hunan, China
| | - Huiming Zhu
- School of Business Administration, Hunan University, Changsha, Hunan, China.
| |
Collapse
|
41
|
Yang X, Li N, Mu H, Pang J, Zhao H, Ahmad M. Study on the long-term impact of economic globalization and population aging on CO 2 emissions in OECD countries. THE SCIENCE OF THE TOTAL ENVIRONMENT 2021; 787:147625. [PMID: 33992944 DOI: 10.1016/j.scitotenv.2021.147625] [Citation(s) in RCA: 9] [Impact Index Per Article: 3.0] [Reference Citation Analysis] [Abstract] [Key Words] [Track Full Text] [Subscribe] [Scholar Register] [Received: 11/27/2020] [Revised: 04/19/2021] [Accepted: 05/03/2021] [Indexed: 06/12/2023]
Abstract
Both economic globalization and population aging have given rise to changes in environmental quality, but the research that integrates these two crucial factors into the same environment policy framework is still a blank. Therefore, using panel data of the Organization for Economic Cooperation and Development (OECD) over the period 1971-2016, this study examines the long-term impact of economic globalization and population aging on CO2 emissions. First, second-generation panel regression approaches are employed to verify the panel data, including unit root tests, cointegration tests and causality tests. Next, Fully Modified Ordinary Least Squares (FMOLS) and Dynamic Ordinary Least Squares (DOLS) are respectively used for empirical analysis of the long-term impact between variables. The augmented mean group (AMG) is also applied to ascertain the robustness results of the estimation coefficients. Finally, using Dumitrescu and Hurlin non-causality test to examine the causal associations between variables to avoid the contingency of the results. The overall results show that economic globalization and population aging decrease the long-term CO2 emissions. The inverted U-shaped relationship between economic growth and environmental pollution confirms the effectiveness of the Environmental Kuznets Curve (EKC) in OECD countries. In addition, unidirectional causal relationships have been found from economic globalization and population aging to CO2 emissions in this study. Policy suggestions in response to these findings are discussed.
Collapse
Affiliation(s)
- Xiyue Yang
- Key Laboratory of Ocean Energy Utilization and Energy Conservation of Ministry of Education, Dalian University of Technology, Dalian 116024, China.
| | - Nan Li
- Key Laboratory of Ocean Energy Utilization and Energy Conservation of Ministry of Education, Dalian University of Technology, Dalian 116024, China.
| | - Hailin Mu
- Key Laboratory of Ocean Energy Utilization and Energy Conservation of Ministry of Education, Dalian University of Technology, Dalian 116024, China.
| | - Jingru Pang
- Key Laboratory of Ocean Energy Utilization and Energy Conservation of Ministry of Education, Dalian University of Technology, Dalian 116024, China.
| | - Heran Zhao
- Key Laboratory of Ocean Energy Utilization and Energy Conservation of Ministry of Education, Dalian University of Technology, Dalian 116024, China.
| | - Mahmood Ahmad
- School of International Trade and Economics, University of International Business and Economics, Beijing, China.
| |
Collapse
|
42
|
Ilkay SC, Yilanci V, Ulucak R, Jones K. Technology spillovers and sustainable environment: Evidence from time-series analyses with Fourier extension. JOURNAL OF ENVIRONMENTAL MANAGEMENT 2021; 294:113033. [PMID: 34139643 DOI: 10.1016/j.jenvman.2021.113033] [Citation(s) in RCA: 8] [Impact Index Per Article: 2.7] [Reference Citation Analysis] [Abstract] [Key Words] [MESH Headings] [Track Full Text] [Subscribe] [Scholar Register] [Received: 03/30/2021] [Revised: 05/27/2021] [Accepted: 06/05/2021] [Indexed: 05/24/2023]
Abstract
Globalization and human capital accumulation are the main drivers of technology spillovers and essential for economic growth. At the same time, globalization and human capital are drivers to construct a green growth path that prevents pollution and the overuse of resources, and thus mitigates environmental degradation and achieves sustainable development. This mechanism, known as the 'technique/technology effect', may occur by stimulating technological development and creating environmental awareness and is of utmost importance in developed and developing countries to protect the environment. The aim of this study is to evaluate these outcomes, investigating how the environment reacts to developments in globalization and human capital accumulation by performing time-series analyses augmented with Fourier extensions, for countries in the BRICS group (Brazil, Russia, India, China and South Africa). The study first checks unit root and cointegration relationship by using Fourier unit root and Fourier cointegration approaches. Having confirmed a cointegration relationship, the FMOLS estimator extended with Fourier terms is applied to estimate cointegration parameters. Empirical results show that globalization and human capital are beneficial to protect the environment and to build a sustainable blueprint for the future, which specifically refer to more investment in the educational system and more efforts promoting social and cultural interaction across the globe.
Collapse
Affiliation(s)
- Salih Cagri Ilkay
- Faculty of Economics and Administrative Sciences, Erciyes University, Kayseri, Turkey.
| | - Veli Yilanci
- Faculty of Political Sciences, Department of Econometrics, Sakarya University, Esentepe Campus, Serdivan, Sakarya, Turkey.
| | - Recep Ulucak
- Faculty of Economics and Administrative Sciences, Erciyes University, Kayseri, Turkey.
| | - Kirsten Jones
- Department of Accounting, Finance and Economics, University of Huddersfield, Queensgate, Huddersfield, United Kingdom.
| |
Collapse
|
43
|
Study on the long-term and short-term effects of globalization and population aging on ecological footprint in OECD countries. ECOLOGICAL COMPLEXITY 2021. [DOI: 10.1016/j.ecocom.2021.100946] [Citation(s) in RCA: 21] [Impact Index Per Article: 7.0] [Reference Citation Analysis] [Track Full Text] [Subscribe] [Scholar Register] [Indexed: 12/25/2022]
|
44
|
Zafar A, Majeed MT, Nosheen M, Iqbal J. Globalization, financial development, and environmental sustainability: evidence from heterogenous income groups of Asia. ENVIRONMENTAL SCIENCE AND POLLUTION RESEARCH INTERNATIONAL 2021; 28:50430-50446. [PMID: 33954922 DOI: 10.1007/s11356-021-14152-6] [Citation(s) in RCA: 2] [Impact Index Per Article: 0.7] [Reference Citation Analysis] [Abstract] [Key Words] [MESH Headings] [Track Full Text] [Subscribe] [Scholar Register] [Received: 01/09/2021] [Accepted: 04/22/2021] [Indexed: 06/12/2023]
Abstract
This study examines the effects of energy use, financial development, and globalization on carbon dioxide emissions for Asian countries comprising the panel data over the period 1990-2017. To account for cross-sectional dependence, Pesaran cross-sectional dependence test is used. The second-generation tests are used to determine the stationarity level of the variables. Furthermore, the Westerlund panel cointegration test confirms cointegration among the variables. For long-run association, fully modified ordinary least squares approach is used. The study also used Dumitrescu and Hurlin's (Econ Model 29:1450-1460, 2012) panel causality test to explore the causal relationship among the variables. The results suggest that financial development contributes to carbon emissions, whereas globalization helps to mitigate emissions. As financial development deteriorates environmental quality, therefore, the government should monitor the disbursement of loans for research and development, green financing, and efficient products that reduce resource consumption and improves environmental quality. Financial development should not compromise environmental quality and endanger sustainability. Such findings show that both renewable energy industries and financial development in the Asian economies are not meeting the maturity level in terms of leading to changes in environmental quality. Furthermore, Asian countries should promote globalization to support the inflow of green technologies to enhance environmental quality.
Collapse
Affiliation(s)
- Ayaz Zafar
- School of Economics, Quaid-i-Azam University, Islamabad, Pakistan
| | | | - Misbah Nosheen
- Department of Economics, Hazara University Mansehra, Dhodial, Pakistan.
| | - Javed Iqbal
- School of Economics, Quaid-i-Azam University, Islamabad, Pakistan
| |
Collapse
|
45
|
Zhu E, Qi Q, Sha M. Identify the effects of urbanization on carbon emissions (EUCE): a global scientometric visualization analysis from 1992 to 2018. ENVIRONMENTAL SCIENCE AND POLLUTION RESEARCH INTERNATIONAL 2021; 28:31358-31369. [PMID: 33604831 DOI: 10.1007/s11356-021-12858-1] [Citation(s) in RCA: 2] [Impact Index Per Article: 0.7] [Reference Citation Analysis] [Abstract] [Key Words] [MESH Headings] [Track Full Text] [Subscribe] [Scholar Register] [Received: 11/24/2020] [Accepted: 02/04/2021] [Indexed: 06/12/2023]
Abstract
The effects of urbanization on carbon emissions (EUCE) are complex, while rare work has comprehensively elaborated on how various aspects affect and develop. In this study, utilizing Citespace and VOSviewer software, a global scientometric visualization analysis was conducted to excavate various impacts and future trends of urbanization on carbon emissions. Based on publications from the year 1982 to 2018, the spatial-temporal distribution of publications, collaboration, current hotspots, and future trends of EUCE were carried out. The results indicated that between 1992 and 2018, there were accelerated increasing trends of EUCE researches world widely, among which China, the USA, and UK ranked the top 3. Relevant research firstly appeared in the USA, while grew most rapidly in China. Research subjects mainly concentrate on population migration, resource consumption, land use and land cover change (LULCC), energy conservation, non-carbon greenhouse gases like CH4 and N2O. And attention on carbon footprint has become a hotspot for carbon mitigation. For research fronts, ecosystem service offered by urban green space has gradually evolved as a research focus. Besides, energy transformation technology is critical for mitigating carbon emissions and has become an important concern in the future development. Furthermore, the timeline visualization analysis indicates that all the research topics related to EUCE are cited and connected with each other, reflecting the necessity of interdisciplinary integration in scientific research. Overall, our study has provided a quantitative visualization on the current situation and future trends of EUCE subject, which will be helpful to subsequent research and policy guidance.
Collapse
Affiliation(s)
- Enyan Zhu
- College of Transport and Communications, Shanghai Maritime University, Shanghai, 201306, China
| | - Qiuyu Qi
- College of Ocean Science and Engineering, Shanghai Maritime University, Shanghai, 201306, China
| | - Mei Sha
- College of Transport and Communications, Shanghai Maritime University, Shanghai, 201306, China.
| |
Collapse
|
46
|
Destek MA, Manga M. Technological innovation, financialization, and ecological footprint: evidence from BEM economies. ENVIRONMENTAL SCIENCE AND POLLUTION RESEARCH INTERNATIONAL 2021; 28:21991-22001. [PMID: 33411309 DOI: 10.1007/s11356-020-11845-2] [Citation(s) in RCA: 35] [Impact Index Per Article: 11.7] [Reference Citation Analysis] [Abstract] [Key Words] [MESH Headings] [Track Full Text] [Subscribe] [Scholar Register] [Received: 06/15/2020] [Accepted: 11/25/2020] [Indexed: 05/24/2023]
Abstract
Despite the growing interest in researches on the impact of technological development on carbon emissions, the effect of technological innovation on the other indicators of environmental degradation is of little interest. In order to close this gap, the aim of this study is to determine the effects of technological innovation on both carbon emission and ecological footprint for big emerging markets (BEM) countries. In doing so, the environmental impacts of the financialization process are also explored, in line with the fact that these countries face constraints in financing technological developments. In this context, the effects of technological development, financialization, renewable energy consumption, and non-renewable energy consumption on environmental degradation are examined through the second-generation panel data methods for the period 1995-2016. The findings indicate that technological innovation is effective in reducing carbon emissions, but does not have a significant impact on the ecological footprint, namely a 1% increase in technological innovations reduces carbon emission by 0.082-0.088%. Moreover, it is found that financialization harms environmental quality for both indicators of the environment because a 1% increase in financialization increases carbon emissions by 0.203-0.222% and increases ecological footprint by 0.069-0.071%.
Collapse
Affiliation(s)
| | - Muge Manga
- Department of Economics, Erzincan Binali Yıldırım University, Erzincan, Turkey
| |
Collapse
|
47
|
Ibrahim M, Vo XV. Exploring the relationships among innovation, financial sector development and environmental pollution in selected industrialized countries. JOURNAL OF ENVIRONMENTAL MANAGEMENT 2021; 284:112057. [PMID: 33581497 DOI: 10.1016/j.jenvman.2021.112057] [Citation(s) in RCA: 41] [Impact Index Per Article: 13.7] [Reference Citation Analysis] [Abstract] [Key Words] [MESH Headings] [Track Full Text] [Subscribe] [Scholar Register] [Received: 04/12/2020] [Revised: 01/20/2021] [Accepted: 01/21/2021] [Indexed: 05/06/2023]
Abstract
The Paris Climate Conference commits countries to contribute to reducing global warming through a Nationally Determined Contributions (NDCs) which implore on countries to reduce emissions for improved environmental quality. Recognizing the importance of innovation and financial sector development to environmental quality, several countries have embarked on identifying ways to improve environmental quality. However, studies on the tripartite linkages among innovation, financial development and pollution relationships have produced mixed findings. Furthermore, a plethora of the existing studies have relied on only carbon dioxide (CO2) emissions thus neglecting other anthropogenic activities which impact on the environment. More tellingly, how countries' levels of innovation moderate financial development-pollution link is yet to be studied. By relying on data from 27 selected industrialized countries spanning 1991-2014 in examining the tripartite relationships, we find that, while innovation lowers environmental pollution, beyond a certain threshold level, higher innovation exacerbates environmental degradation. Furthermore, while improved financial development increases pollution, higher innovation dampens the environmental quality-reducing effect of finance. Results from our panel causality tests also reveal a feedback causal linkage between innovation and ecological footprint, and a one-way causality from CO2 emissions to innovations. However, irrespective of the indicator of environmental pollution, financial development and pollution evolve independently, albeit differences at the country levels.
Collapse
Affiliation(s)
- Muazu Ibrahim
- Making Finance Work for Africa (MFW4A) Secretariat, African Development Bank (AfDB), Abidjan, Cote d'Ivoire; Institute of Business Research, University of Economics Ho Chi Minh City, 59C Nguyen Dinh Chieu Street, District 3, Ho Chi Minh City, Viet Nam.
| | - Xuan Vinh Vo
- Institute of Business Research, University of Economics Ho Chi Minh City, 59C Nguyen Dinh Chieu Street, District 3, Ho Chi Minh City, Viet Nam; CFVG, University of Economics Ho Chi Minh City 59C Nguyen Dinh Chieu Street, Ho Chi Minh City, Viet Nam
| |
Collapse
|
48
|
Sehnem S, Lopes de Sousa Jabbour AB, Conceição DAD, Weber D, Julkovski DJ. The role of ecological modernization principles in advancing circular economy practices: lessons from the brewery sector. BENCHMARKING-AN INTERNATIONAL JOURNAL 2021. [DOI: 10.1108/bij-07-2020-0364] [Citation(s) in RCA: 9] [Impact Index Per Article: 3.0] [Reference Citation Analysis] [Abstract] [Track Full Text] [Subscribe] [Scholar Register] [Indexed: 11/17/2022]
Abstract
PurposeThere is no literature that sought the revision and integration of ecological modernization of theory (EMT) and circular economy (CE). This article aims to answer the questions: How have companies developed circular economy practices within their operations? Why have companies invested in circular economy practices? Based on the answers to these questions, it would be possible to understand how the assumptions of EMT explain the adoption of CE practices.Design/methodology/approachThe research method is based on multiple case studies with Brazilian craft brewery companies.FindingsCompanies studied have pursed the adoption of circular economy practices, but the full potential of the use of biological cycles within their processes of production has been hampered by the lack of external policies and clear governance toward circular economy. Thus, pollution prevention policies may be an important driver for organizations be able to advance in circular economy practices.Research limitations/implicationsResearch limitations are coverage only of organizations located in an emerging country. A second limitation is that the data saturation was partially achieved in some of the analyzed cases, especially by the limitation of the time period surveyed (transversal research). The longitudinal evaluation is timely for circular economy surveys.Practical implicationsThe formulation of a regulatory framework through a participative, interactive and decentralized process, capable of delegating responsibilities and incentives to all entities, to contemplate a tax restructuring for the alcoholic beverage sector, could corroborate to create a new standard of action for the sector.Social implicationsThis document highlights how the principles of ecological modernization can contribute to the advancement of the circular economy. The understanding can help in the design of processes that provide circular and sustainable operations as a social good in a effective value.Originality/valueThe principles from EMT, such as the development of an institutional environment towards corporate environmental proactive, could enhance the adoption of circular economy practices within the brewery sector. Despite of the class association of the brewery sector has supported the companies studied to move forward in other matters, a clear governance is necessary to guide organizations towards circular economy practices.
Collapse
|
49
|
Aziz N, Sharif A, Raza A, Jermsittiparsert K. The role of natural resources, globalization, and renewable energy in testing the EKC hypothesis in MINT countries: new evidence from Method of Moments Quantile Regression approach. ENVIRONMENTAL SCIENCE AND POLLUTION RESEARCH INTERNATIONAL 2021; 28:13454-13468. [PMID: 33180287 DOI: 10.1007/s11356-020-11540-2] [Citation(s) in RCA: 36] [Impact Index Per Article: 12.0] [Reference Citation Analysis] [Abstract] [Key Words] [MESH Headings] [Track Full Text] [Subscribe] [Scholar Register] [Received: 04/01/2020] [Accepted: 11/03/2020] [Indexed: 05/24/2023]
Abstract
We employ the new Method of Moments Quantile Regression approach to expose the role of natural resources, renewable energy, and globalization in testing Environment Kuznets Curve (EKC) in MINT panel covering the years 1995-2018. The outcome validates the EKC curve between economic progress and carbon emissions from the third quantile to the extreme highest quantile. The result also shows that natural resources increase CO2 emissions at the lowest quantile and then turn insignificant from the middle to the highest quantiles due to the potential utilization of resources in a sustainable manner. The renewable energy mitigates CO2 emissions at the lower half quantiles. Still, for upper quantiles, the results are unexpected and imply that the countries' total energy mix depends heavily on fossil fuels. As far as globalization is concerned, the significant results from medium to upper quantiles reveal that as globalization heightens due to foreign direct investment or trade, energy consumption also expands, leading to the worst environment quality. Thus, the present study's consequences deliver guidelines for policymakers to utilize natural resources sustainably and opt technologies based on clean energy, which may offset environmental degeneration.
Collapse
Affiliation(s)
- Noshaba Aziz
- College of Economics and Management, Nanjing Agriculture University, Nanjing, China
| | - Arshian Sharif
- Othman Yeop Abdullah Graduate School of Business, Universiti Utara Malaysia, Changlun, Malaysia
- Department of Business Administration, Faculty of Management Sciences, ILMA University, Karachi, Pakistan
| | - Ali Raza
- School of Economics, Shandong University, Jinan, China
| | - Kittisak Jermsittiparsert
- Department for Management of Science and Technology Development, Ton Duc Thang University, Ho Chi Minh City, Vietnam.
- Faculty of Social Sciences and Humanities, Ton Duc Thang University, Ho Chi Minh City, Vietnam.
| |
Collapse
|
50
|
Xiong J, Xu D. Relationship between energy consumption, economic growth and environmental pollution in China. ENVIRONMENTAL RESEARCH 2021; 194:110718. [PMID: 33421428 DOI: 10.1016/j.envres.2021.110718] [Citation(s) in RCA: 5] [Impact Index Per Article: 1.7] [Reference Citation Analysis] [Abstract] [Key Words] [MESH Headings] [Track Full Text] [Subscribe] [Scholar Register] [Received: 11/10/2020] [Revised: 12/23/2020] [Accepted: 01/02/2021] [Indexed: 06/12/2023]
Abstract
In recent days, many emerging nations facing severe environmental pollution problems. In order to overcome the environmental problems, many new methods and strategies have been built and some advance sources of energies were also utilized in order to overcome such issues but by using such sources, many challenges were faced. In order to find best possible solutions of such issues, this paper was aimed to minimize the gap of research by examining the effect on economic development of energy expenditure and environmental pollution and by means of finding the casual relationship between them because it has been observed that with development of economy, environmental issues always increase. Effects of both traditional and modern energies was analyzed in this research. Several explanatory variables will be used: Renewable energy consumption, CO2 emission, economic GDP. Environmental pollution will be taken as the mediating factor that influence this association between energy utilization as well as economic development. Present study was based on the economy of China. ARDL regression model was applied in this research to increase the time series econometrics when non-stationary value demonstrated the co-integration and it is also effective for both stationary and non-stationary time series. At the end, some advanced methods of production were discussed that can be used in this era of industry 4.0. By proper implementation of such processes, many economic and environmental benefits can be achieved.
Collapse
Affiliation(s)
- Jinhui Xiong
- School of Economics and Management, China University of Geosciences, Wuhan, 430074, China.
| | - Deyi Xu
- School of Economics and Management, China University of Geosciences, Wuhan, 430074, China.
| |
Collapse
|