Linking Resource Richness, Digital Economy, and Clean Energy to Ecological Footprint and Load Capacity Factor in Emerging Markets

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

Published: Jan. 8, 2025

ABSTRACT The wave of digitalization has spread across all countries in the world, with lasting environmental consequences medium and long term. On flip side, impact resource richness, including its exploitation consumption, been an age‐long debate among policymakers, particularly emerging markets. As such, this study examines effect natural resources (NR), digital economy, clean energy consumption on ecological footprint (EF) load capacity factor (LCF) from 2000 to 2022. current enriches literature by assessing different dimensions economy both demand side supply quality. results augment mean group estimator suggest that NR economic growth increase EF models. However, indicators except ICT goods exports, alleviate EF. same set variables reduce also LCF for selected countries. Renewable (REC) heterogeneous effects LCF, suggesting is not adequately consumed In addition, direction causality flows A bidirectional exists between REC EF, LCF. Based findings, it recommended develop more technologies, intensify process promotion, mobilize benefits transition a sustainable environment.

Language: Английский

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The effect of digitalization and green technology innovation on energy efficiency in the European Union

Energy Exploration & Exploitation, Journal Year: 2024, Volume and Issue: 42(5), P. 1747 - 1762

Published: May 22, 2024

This paper aims to scrutinize the effect of Green technology innovation, digitalization, renewable energy use, environmental taxes, GDP, prices, and population on efficiency in a panel comprising 22 member nations European Union. Using generalized least squares panel-corrected standard error, we found (1) positive green patterns, sources efficiency. (2) The tax has limited insignificant effect. (3) On contrary, population, prices negatively affect Based findings, relevant economic policies have been proposed for energy, stakeholders, policy decision-makers, including substantial investment digital infrastructure facilitate adoption smart grids, Internet Things devices, advanced data analytics management

Language: Английский

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Causality relationship between economic policy uncertainty and tourism in Mediterranean countries: Evidence from dynamic symmetric and asymmetric bootstrap panel causality tests

European Journal of Tourism Research, Journal Year: 2025, Volume and Issue: 39, P. 3915 - 3915

Published: Jan. 15, 2025

This study analyses the interrelationship between economic policy uncertainty (EPU) and tourism in Mediterranean Basin countries for period 1997–2020. The paper includes two along with models. first analysis investigates a long-run relationship variables estimates coefficients by using Method of Moment Quantile Regression (MM-QR) technique, novel approach that provides more comprehensive insights. second examines dynamic Kónya panel symmetric asymmetric causality tests. According to MM-QR estimation results, effect EPU on international tourist arrivals (ITA) Model I is positive across all quantiles (except at 0.1 quantile), this increases quantile level. In II, ITA most 0.8 0.9 quantiles). However, it statistically significant only 0.2 group. findings indicate causal from Spain) countries. test reveals an component various periods Greece). tourism, we observed relationships France Spain (in single period) Greece Italy (across multiple periods). It literature examine bootstrap tests, focus therefore addresses gap literature. found there strong sensitivity EPU, hence policymakers must carefully calibrate their strategies when assessing interaction these critical factors.

Language: Английский

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How Do Resource Efficiency and Environmental Innovation Affect Greenhouse Gas Emissions? Evidence From E‐7 Countries

Environmental Quality Management, Journal Year: 2025, Volume and Issue: 34(3)

Published: Feb. 20, 2025

ABSTRACT This study investigates the determinants of environmental quality in China, India, Russia, Brazil, Mexico, Turkey, and Indonesia (E‐7 countries) using annual frequency data from 1990 to 2019. Feasible generalized least squares (FGLS) is used, while panel corrected standard error estimator (PCSE) employed as a control estimator. The dependent variable representing indicator greenhouse gas emissions (GHG). Furthermore, analysis includes following five variables that are assumed determine quality: (i) resource efficiency; (ii) renewable energy consumption (REC); (iii) growth; (iv) technologies; (v) efficiency. In estimated model, GHG used represent pollution. Conversely, independent mostly environmentally friendly variables. results reveal GDP, REC, technologies increase emissions, efficiency have positive effect on quality. These findings suggest that, shaping their policies, E‐7 countries consider economic growth, protection, sustainability. concludes with discussion further policy insights.

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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EFFECTS OF PRODUCTIVE CAPACITIES ON ECONOMIC GROWTH: EVIDENCE FROM MM-QR

International Journal of Management Economics and Business, Journal Year: 2025, Volume and Issue: 21(1), P. 78 - 95

Published: March 26, 2025

This study examines the long-term impact of physical capital, labor, and productive capacity on economic growth in BRICS countries from 2000 to 2022. The cointegration relationship was established for this purpose, coefficients were derived using Moment Quantile Regression Method (MM-QR). results indicate that is statistically significant positively influenced by capital labor all quantiles. Nevertheless, it noted quantile level increased, resulting a decrease positive effect. Productive Capacity Index, which focal point investigation, has generally beneficial growth; however, not determined be lower groups (0.1, 0.2, 0.3). With exception 0.8 quantile, PCI's gains strength as increases upper groups. research makes substantial contribution existing body literature offering novel viewpoint dynamics countries. Examining implications at can particularly policymakers. findings are valuable due fact one first discipline.

Language: Английский

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Investigating factors influencing oil volatility: a GARCH-MIDAS model analysis

Frontiers in Energy Research, Journal Year: 2024, Volume and Issue: 12

Published: June 13, 2024

This study explores the main factors influencing international oil price fluctuations, selecting five influential variables: consumer index (CPI), industrial production (IPI), global rig count (ADU), economic policy uncertainty (EPU), and geopolitical risk (GRI) based on previous literature. Employing GARCH-MIDAS model, this research analyzes comparative effects WTI prices. Our findings highlight varying degrees of influence, with IPI showing a stronger impact EPU indicating broader implications. The GRI responds primarily to specific events delayed fluctuations. study’s novelty lies in empirical investigation using offering valuable insights for policymakers manage volatility effectively, particularly by addressing as critical factor.

Language: Английский

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Green horizons: Synergized green technological innovation and green energy consumption on ecological degradation

Energy & Environment, Journal Year: 2024, Volume and Issue: unknown

Published: Aug. 25, 2024

The ecological environment is at great risk due to economic activities owing investments, rapid industrialization, and energy resources depletion, which pose significant environmental challenges globally. Recent research has emphasized on the crucial role of green consumption (GEN) technology innovation in attaining sustainability. However, there are still areas that need be addressed. This study investigates GEN, innovation, foreign direct investment while controlling effect growth (EGR) trade openness level footprint (EFP) using data from 1999 2022 for Pakistan. We used diverse econometric methodologies ensure consistency. examine long-term relationships among variables fully modified ordinary least-squares canonical co-integrating regression. results revealed GEN emerge as pivotal reducing degradation. Conversely, EGR increased EFP, validating pollution haven hypothesis These findings highlighted significance address contribute more extensive discussions sustainability development horizon, particularly context developing countries like

Language: Английский

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The effects of IT and financial development on economic growth in BRICS-T countries: Insights from the Solow growth model

İşletme, Journal Year: 2024, Volume and Issue: unknown

Published: Sept. 20, 2024

The aim of the study is to examine impact IT and financial development on economic growth in BRICS-T countries for period 1990-2022 using panel quantile technique. For this purpose, technology variables were added basic Solow model. According findings, physical capital stock positive all quantiles. effect population significant starting from 0.4 negative increases as level increases. Information technology, which subject study, positively affects decreases we used represent development, institutions have a but statistically insignificant coefficient sign, while markets sign. This

Language: Английский

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