The dynamic impact of biomass and natural resources on ecological footprint in BRICS economies: A quantile regression evidence

Energy Reports, Journal Year: 2022, Volume and Issue: 8, P. 1979 - 1994

Published: Jan. 25, 2022

Many emerging economies, including the BRICS are having difficulty meeting Sustainable Development Goals' (SDGs) objectives. Consequently, this research discusses creation of an SDG framework for which can be utilized as a model other blocs. To achieve purpose, probes into effect biomass energy usage on ecological footprint in economies between 1992 and 2018, considering roles gross capital formation, natural resources, globalization. The novel Methods Moments-Quantile-Regression (MMQR) approach with fixed effects is used, outcomes reveal that all quantiles (10th to 90th), globalization use mitigate environmental degradation, whereas economic growth, formation contribute degradation. present applied series techniques such panel FMOLS, DOLS, FE-OLS, disclosed utilization help while improve On basis study's findings, we suggest shift policies away from fossil fuels toward renewable alternatives by taking measures regarding innovation conversion efficiency.

Language: Английский

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Load Capacity Factor and Financial Globalization in Brazil: The Role of Renewable Energy and Urbanization

Frontiers in Environmental Science, Journal Year: 2022, Volume and Issue: 9

Published: Feb. 2, 2022

To mitigate environmental challenges and fulfill the Sustainable Development Goals, a broader holistic ecological assessment is required. As result, this research utilizes load capacity factor, which distinct proxy of deterioration that offers detailed evaluation measurement by comparing biocapacity footprint simultaneously. Moreover, factor provides combined attributes demand supply-side quality. Therefore, scrutinized effect financial globalization, urbanization, economic growth, renewable nonrenewable energy usage on for period stretching between 1970 2017 in Brazil. The bounds testing procedure cointegration combination with critical approximation p -values Kripfganz Schneider (2018) disclosed cointegrating association its regressors. outcome ARDL method uncovered non-renewable reduce whereas urbanization has no impact However, globalization positive Finally, study uses spectral causality test to assess interaction observed parameters. policymakers should take advantage opportunity developing policies encourage openness economy foreign investors.

Language: Английский

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Do green innovation and financial globalization contribute to the ecological sustainability and energy transition in the United Kingdom? Policy insights from a bootstrap rolling window approach

Sustainable Development, Journal Year: 2022, Volume and Issue: 31(1), P. 393 - 414

Published: Sept. 15, 2022

Abstract Environmental sustainability and energy transition, especially the renewable have become critical concerns of nations throughout world in recent decades. The sustainable eco‐friendly technologies led to more methodologies, substantial stewardship our natural resources, conversion sources, all which been demonstrated benefit environment significantly. However, prior studies overlooked ecological transition effects green technology innovation. Therefore, this study endeavored investigate role innovation (lnGRN) financial globalization (lnFIG) on (lnEFT) (lnENT) United Kingdom using quarterly data for period from 1995 2020. applied time‐varying (bootstrapping) rolling window technique, can retrieve casual associations among variables at different periods sub‐samples. Besides this, method is advantageous addressing non‐consistency parameters eliminating pre‐test distortion. novel Bootstrap Rolling‐Window full‐sample causality technique results demonstrate that lnGRN lnFIG unidirectional toward lnEFT lnENT. Furthermore, bootstrap rolling‐window subsamples final stage indicate mitigate lnEFT, whereas lnGDP enhance transition. On other hand, lnETX contribute environmental deterioration, while hinders Several important policy implications are derived encourage globalization, technologies, resources consumption, taxes.

Language: Английский

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FDI, Green Innovation and Environmental Quality Nexus: New Insights from BRICS Economies

Sustainability, Journal Year: 2022, Volume and Issue: 14(4), P. 2181 - 2181

Published: Feb. 14, 2022

One major concern about foreign direct investment (FDI) is the potential negative environmental impact due to increased CO2 emissions. However, there a possibility that FDI mitigates emissions through green innovation and creates cleaner environment. In existing literature, no significant empirical evidence on linkage among FDI, in context of BRICS countries. Hence, this study aims analyze quality economies for 1990–2014. The employed Augmented Mean Group (AMG) estimators data analysis. study’s findings depict investment, energy use, economic growth have positive economies. Moreover, has inverse results show bidirectional causalities between innovation, trade openness emissions, use urbanization Additionally, reveal one-way causality from GDP urbanization. This offers essential policy recommendations sustainability countries innovation.

Language: Английский

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Green innovation-green growth nexus in BRICS: Does financial globalization matter?

Journal of Innovation & Knowledge, Journal Year: 2023, Volume and Issue: 8(1), P. 100286 - 100286

Published: Jan. 1, 2023

Green growth is a novel theme, gaining prominence in the current era. Therefore, this study investigates impact of green innovation and financial globalisation on BRICS (Brazil, Russia, India, China South Africa) economies. The employs CS-ARDL model for analysis. findings confirm that long-run estimates environmental innovations patents are positively significant, ensuring environment-related technologies helpful attaining Moreover, significantly positive, suggesting rise leads to an increase Our imply that, promote economies, policymakers should focus R&D activities can encourage development innovations.

Language: Английский

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Does interaction between technological innovation and natural resource rent impact environmental degradation in newly industrialized countries? New evidence from method of moments quantile regression

Environmental Science and Pollution Research, Journal Year: 2021, Volume and Issue: 29(2), P. 3162 - 3169

Published: Nov. 29, 2021

Language: Английский

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Does it take international integration of natural resources to ascend the ladder of environmental quality in the newly industrialized countries?

Resources Policy, Journal Year: 2022, Volume and Issue: 76, P. 102616 - 102616

Published: March 9, 2022

Among the new revelation in natural resources-environment and climate change nexus literature is criticality of ascending environmental sustainability ladders industrialized economies such as newly countries (NICs). This study considers panel top ten NICs (Brazil, China, India, Mexico, Malaysia, Philippines, South Africa, Turkey, Indonesia, Thailand) by utilizing novel Method Moments Quantile Regression (MMQR) other approaches including Fully Modified Ordinary Least Square (FM-OLS), Dynamic (D-OLS), Fixed-effects (FE-OLS) to analyze related dataset between 1990 2018. The combined empirical help measure countries' drive for carbon neutrality. With a startling unanimous evidence from employed techniques, resource rent detrimental global goal neutrality examined countries. However, there significant relieve that brought about when globalization moderate effect on emission. Another favorable outlook economic growth yields affirmative validity Kuznets curve while renewable energy utilization independently promotes quality Therefore, result favours more relaxed border allow international integration financial aspects especially resources-related environmental-friendly goods services.

Language: Английский

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The influence of renewable energy usage on consumption-based carbon emissions in MINT economies

Heliyon, Journal Year: 2022, Volume and Issue: 8(2), P. e08941 - e08941

Published: Feb. 1, 2022

Language: Английский

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The effect of financial globalization and natural resource rent on load capacity factor in India: an analysis using the dual adjustment approach

Environmental Science and Pollution Research, Journal Year: 2022, Volume and Issue: 29(59), P. 89045 - 89062

Published: July 16, 2022

Language: Английский

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Effects of economic complexity, economic growth, and renewable energy technology budgets on ecological footprint: the role of democratic accountability

Environmental Science and Pollution Research, Journal Year: 2021, Volume and Issue: 29(17), P. 24925 - 24940

Published: Nov. 26, 2021

Language: Английский

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