The Dynamic Impacts of Economic Growth, Financial Globalization, Fossil Fuel, Renewable Energy, and Urbanization on Load Capacity Factor in Mexico

Sustainability, Journal Year: 2023, Volume and Issue: 15(18), P. 13462 - 13462

Published: Sept. 8, 2023

This study explores the interplay among economic growth, financial globalization, urbanization, fossil fuel consumption, and renewable energy usage their combined impact on load capacity factor in Mexico. research employs as a unique measure of ecological health, facilitating comprehensive ecosystem assessment by sequentially evaluating biocapacity effects. Using time series data spanning from 1971 to 2018, this Autoregressive Distributed Lag (ARDL) method analyze both long-term short-term dynamics cointegration. The findings reveal that usage, urbanization reduce Mexico’s factor, thereby diminishing environmental quality. In contrast, adoption sources influence globalization exhibit positive effects over long short term. These outcomes remain consistent even when compared with alternative estimation techniques, including dynamic ordinary least squares (DOLS), fully modified (FMOLS), canonical cointegrating regression (CCR). As priority, Mexican policymakers should accelerate transition sources, encourage sustainable urban development, foster more ecologically conscious agenda. Furthermore, promoting greener technologies can enhance mitigate degradation. Ultimately, Mexico establish an environment conducive expanding investments encouraging cross-border investments, enabling global trade services, cultivating greater integration capital markets.

Language: Английский

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On the impact of natural resources on environmental sustainability in African countries: A comparative approach based on the EKC and LCC hypotheses

Resources Policy, Journal Year: 2023, Volume and Issue: 88, P. 104492 - 104492

Published: Dec. 6, 2023

Language: Английский

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Evaluating forest depletion and structural change effects on environmental sustainability in Pakistan: Through the lens of the load capacity factor

Journal of Environmental Management, Journal Year: 2024, Volume and Issue: 353, P. 120174 - 120174

Published: Feb. 1, 2024

Language: Английский

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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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Technological innovation, trade openness, natural resources, clean energy on environmental sustainably: a competitive assessment between CO2 emission, ecological footprint, load capacity factor and inverted load capacity factor in BRICS+T

Frontiers in Environmental Science, Journal Year: 2025, Volume and Issue: 12

Published: Feb. 4, 2025

The study investigates the relationship between technological innovation, clean energy, trade openness, and natural resource rents on environmental sustainability within BRICS + T nations. Motivated by urgent need to address escalating CO2 emissions—reaching 36.4 billion metric tons in 2022—the research aims understand how these factors influence emissions, ecological footprint, load capacity factor, its inverse, contributing Sustainable Development Goals (SDGs). uses panel data from countries spanning period 1990 2022. Employing advanced econometric techniques such as Dynamic Seemingly Unrelated Regression (DSUR), Cross-Sectionally Augmented Panel Unit Root (CUP-FM, CUP-BC), nonlinear autoregressive distributed lag (ARDL) models, tests Environmental Kuznets Curve (EKC) hypothesis evaluates asymmetric effects of variables. Key findings indicate that innovation consistently reduces emissions footprints, reinforcing role promoting through cleaner technologies more efficient industrial processes. Clean energy adoption has also been shown be a significant driver reducing degradation, with consistent negative while improving factor. However, openness exhibits dual effect. While it enhances use efficiency, simultaneously increases likely due heightened activity. Natural display mixed results: some cases, they exacerbate others, contribute funding eco-friendly initiatives. recommends nations prioritize investments green technologies, strengthen regulations, enhance international collaboration accelerate transition renewable energy. Policymakers should balance benefits stricter standards mitigate adverse sustainability. These integrated strategies are essential for achieving targets outlined SDGs.

Language: Английский

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Linking the utilization of mineral resources and climate change: A novel approach with frequency domain analysis

Geoscience Frontiers, Journal Year: 2023, Volume and Issue: 15(3), P. 101683 - 101683

Published: July 22, 2023

Natural resources, climate change, and sustainable development are critical simultaneously interrelated issues. This study investigates the interdependence between raw minerals material sea level rise, considering role of economic performance footprint employing wavelet locale multiple correlations from 1970 to 2019. The results provide strong evidence for cross-correlation change with mineral output, domestic consumption (biomass-fossil, metal, non-metal) localized at high frequency-time domain. However, outcomes weak association bivariate time series low frequency, which is a limitation in short term. Based on results, policymakers should implement effective environmental taxes invest cutting-edge technologies optimize clean energy resources manner.

Language: Английский

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Do oil and natural gas prices affect carbon efficiency? Daily evidence from China by wavelet transform-based approaches

Resources Policy, Journal Year: 2023, Volume and Issue: 85, P. 104039 - 104039

Published: Aug. 1, 2023

Language: Английский

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Analyzing the environmental role of resource efficiency, economic globalization, and biomass usage in Malaysia: a time-varying causal approach

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

Published: July 4, 2024

Abstract Malaysia’s commitment towards sustainable environment requires implementing clean energy sources and less raw materials usage, which could have a significant impact on the nation’s biocapacity ecological footprint. As result, this study examined environmental of resource efficiency, biomass energy, economic growth in Malaysia, within load capacity curve hypothesis framework, while controlling globalization, financial globalization trade globalization. This research utilizes ARDL estimator bootstrapped time-varying causality (TVC) approach to analyse dataset from 1970 2018. The findings reveals that efficiency increase factor (LF), reduces LF Malaysia. Furthermore, result uncovered validity hypothesis, highlighting persistent activities will help achieving quality TVC feedback causal association between its predictors These results emphasize need for an effective circular economy, involves maximizing use, reducing waste, incorporating into framework.

Language: Английский

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Unleashing the dynamic linkages among natural resources, economic complexity, and sustainable economic growth: Evidence from G‐20 countries

Sustainable Development, Journal Year: 2024, Volume and Issue: 32(4), P. 3736 - 3752

Published: Jan. 2, 2024

Abstract This research delves into whether access to natural resources is a blessing or curse, matter of contention within contemporary literature. Lacking conclusive evidence, particularly the G‐20 countries, this study endeavors establish intricate linkages between economic development, resources, and complexity. A subset economies from 1990 2021 was used analyze results second‐generation CS‐ARDL model. After accounting for variables like corruption, total labor force, gross capital formation, trade openness, inflow foreign direct investment, we find that complexity, corruption formation are significant adverse predictors growth. Natural resource dependence susceptible price fluctuations sustainability concerns, complexity may introduce market volatility challenges, erodes trust transparency, excessive can lead imbalances. On other hand, growth positively impacted by additional effects control variables, including openness force. In crafting its policy recommendations, artfully weaves tapestry resonates with core principles Sustainable Development Goals (SDGs). These strategic imperatives include adept stewardship cultivation diversity, seamless facilitation trade, fortification against harmonious symphony underscores financial stability nurturing human capital, ultimately painting vivid portrait sustainable

Language: Английский

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Effects of energy security and financial development on load capacity factor in the USA: a wavelet kernel-based regularized least squares approach

Clean Technologies and Environmental Policy, Journal Year: 2025, Volume and Issue: unknown

Published: Jan. 3, 2025

Language: Английский

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