Economic complexity and environmental sustainability in eastern European economy: Evidence from novel Fourier approach

Regional Sustainability, Journal Year: 2023, Volume and Issue: 4(4), P. 349 - 358

Published: Oct. 14, 2023

Globally, economies have become complex and new technologies transformed facilitated the modernization of economies. In previous literature, economic complexity approach has one popular tools in development innovation studies geography. Researchers found that green technology eco-innovation approaches should be used to decisively reduce effects carbon emission on environment. However, debates about impact environment remain unsettled since some emerging production far-reaching pollution effects. This study explored impacts environmental sustainability Turkey using novel Fourier-based approaches, namely: Fourier Augmented Dickey-Fuller (FADF) autoregressive-distributed lag (FARDL) models. The indicated all variables (economic index (ECI), GDP, energy consumption, CO2 (CO2E)) are cointegrated long run. Additionally, FARDL model implied (i) run, effect ECI (as a proxy for complexity), GDP growth), consumption CO2E quality) is important; (ii) decreases degradation Turkey; (iii) growth negatively affect quality. results also showed could as policy tool tackle degradation. findings revealed fossil fuel-based economy will continue expand undermine Turkey's efforts meet its net zero target by 2053. Therefore, policy-makers take actions establish diversified economic, environmental, energ strategies. For insights, Turkish governments can use combination tax exemptions technical support systems knowledge creation diffusion environmentally friendly impose strict regulations phases.

Language: Английский

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How do conventional, Islamic and green bonds idiosyncratically differ when it comes to their inherent nonlinear reliance on carbon emission future price? A novel approach to greenwashing detection

Environment Development and Sustainability, Journal Year: 2024, Volume and Issue: unknown

Published: Jan. 9, 2024

Language: Английский

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How Financial Depth Interact With Green Innovation and Technological Innovations: Implications for Sustainable Development in G‐20 Economies

Natural Resources Forum, Journal Year: 2025, Volume and Issue: unknown

Published: March 22, 2025

ABSTRACT Choosing to go green within the Sustainable Development Goals (SDGs) is a smart move that has been at forefront of all strategies and global concern. As result, current study investigates impact technical innovation (TI), (GI), information communication technology (ICT), financial depth (FD), GDP in relation CO 2 emissions (COE), ecological footprint (EF) for G‐20 economies between 1990 2021. The Method Moments Quantile Regression (MMQR) utilized analysis, while Westerlund test cointegration. conclusion validated mixed findings EF COE models. In G‐20, GI its interaction with FD are lowering EF, but model, outweighs effects becomes barrier COE. Meanwhile, development dramatically raises across range quantiles. On other hand, considerably increases More specifically, both ICT significantly increase coefficient values 0.098 0.513, respectively. interactional term technological innovations (FDTI), on causing decline value −0.352. Furthermore, TI reduces COE, −0.567. To meet SDGs, this suggests enacting eco‐friendly policies, encouraging investments, strengthening tax regulations support nature protection.

Language: Английский

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Socioeconomic determinants of ecological footprints: bridging the gap between developed and developing nations

Environment Development and Sustainability, Journal Year: 2025, Volume and Issue: unknown

Published: March 28, 2025

Language: Английский

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Asymmetric effects of climate policy uncertainty on the renewable energy consumption

Environment Development and Sustainability, Journal Year: 2025, Volume and Issue: unknown

Published: April 21, 2025

Language: Английский

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