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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Do green finance, green technology innovation, and institutional quality help achieve environmental sustainability? Evidence from the developing economies

Sustainable Development, Journal Year: 2023, Volume and Issue: 32(3), P. 2709 - 2723

Published: Nov. 3, 2023

Abstract One possible way to achieve sustainable economic growth is by limiting carbon dioxide (CO 2 ) emissions. The developing countries, in particular, which significantly contribute global emissions, need a paradigm shift towards production and consumption while ensuring environmental sustainability. This study thus analyzes the role of green technology innovation, finance, renewable energy use, institutional quality, agricultural value added attaining sustainability abating CO emissions for 25 select countries from 1998 2019. uses Driscoll‐Kraay two‐step SGMM estimators assess impact independent variables on response variable, acknowledging endogeneity problem model. empirical findings reveal that quality induce whereas value‐added use are observed have detrimental effects Moreover, moderation effect innovation with finance weak insignificant recommends enforce policies promote investments clean sector attain development goals mitigating

Language: Английский

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What drives environmental sustainability? The role of renewable energy, green innovation, and political stability in OECD economies

International Journal of Sustainable Development & World Ecology, Journal Year: 2024, Volume and Issue: 31(7), P. 761 - 775

Published: March 24, 2024

One possible way to achieve environmental sustainability is by addressing the issue of rising CO2 emissions, which significantly cause climate change intensifying greenhouse gas effect. The Organization for Economic Cooperation and Development (OECD), substantially contributes global necessitates a paradigm shift towards using clean energy sources promoting green innovations ensure sustainability. Thus, this study aims inspect role renewable use, technology innovation, political stability, fiscal decentralization in attaining limiting emissions seven OECD economies from 2000 2019. This has employed 'Cross-Sectional Augmented Autoregressive Distributed Lag Mean Group Estimator' robust empirical analysis. results indicate that can mitigate economies. In contrast, innovation exhibits an insignificant effect on emissions. Furthermore, moderation effects stability exhibit negative relationship with Notably, advises nations encourage regional cooperation devolution powers promote use sustainable goals.

Language: Английский

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Receiver or transmitter? Unlocking the role of green technology innovation in sustainable development, energy, and carbon markets

Technology in Society, Journal Year: 2024, Volume and Issue: 79, P. 102703 - 102703

Published: Aug. 30, 2024

Language: Английский

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The role of Fintech in containing the carbon curse of natural resources: Evidence from resource-rich countries

Resources Policy, Journal Year: 2024, Volume and Issue: 90, P. 104733 - 104733

Published: Feb. 9, 2024

Language: Английский

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Evaluating Environmental Sustainability in Africa: The Role of Environmental Taxes, Productive Capacities, and Urbanization Dynamics

Economies, Journal Year: 2024, Volume and Issue: 12(4), P. 80 - 80

Published: March 29, 2024

This study examines the complex relation among environmental taxes, productive capacities, urbanization, and their collective effects on quality in Africa, drawing two decades of data from twenty African countries. It situates within broader discourse sustainable development economic growth, emphasizing Environmental Kuznets Curve (EKC) framework to examine relationship between development, characterized by urban expansion increased adoption taxes amidst continent’s diverse environments. Using advanced econometric techniques, including Cross-Section Augmented Autoregressive Distributed Lag (CS-ARDL) model Dynamic Common Correlated Effects Mean Group (DCCEMG) estimator, addresses challenges such as cross-sectional dependence slope heterogeneity. The results provide important insights into dynamics growth role taxation. proposes tailored policy strategies aimed at strengthening initiatives line with international agreements Paris Agreement Sustainable Development Goals. These advocate for a nuanced application promotion capacities enhance sustainability across continent.

Language: Английский

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The effect of geopolitical risk and green technology on load capacity factors in BRICS

Utilities Policy, Journal Year: 2024, Volume and Issue: 88, P. 101757 - 101757

Published: April 22, 2024

Language: Английский

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Reconsidering the Long-Term Impacts of Digitalization, Industrialization, and Financial Development on Environmental Sustainability in GCC Countries

Sustainability, Journal Year: 2024, Volume and Issue: 16(9), P. 3576 - 3576

Published: April 24, 2024

Gulf Cooperation Council (GCC) countries have faced environmental challenges in recent decades. This study aims to identify the contribution of digitalization, industrialization, and financial development ecological footprint (EF) GCC between 2000 2021. The empirical investigation involves estimating STochastic Impacts by Regression on Population, Affluence, Technology (STIRPAT) model using augmented mean group (AMG), common correlated effects (CCEMG) cross-sectionally autoregressive distributed lag (CS-ARDL) estimators. findings reveal existence long-term linkages EF factors mentioned above. Furthermore, there is evidence that adopting digitalization information communication technologies (ICT) improves quality. In contrast, both industrialization exert detrimental environment. Finally, JKS Granger non-causality test revealed all variables, except development, predict degradation countries. These can assist formulating efficient strategies reduce achieve sustainability

Language: Английский

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Governance, Corruption, Trade Openness, and Innovation: Key Drivers of Green Growth and Sustainable Development in Türkiye

Sustainable Development, Journal Year: 2025, Volume and Issue: unknown

Published: Jan. 5, 2025

ABSTRACT This research aims to scrutinize the determinants of green growth in Türkiye from 1995 2022, focusing on institutional quality, corruption, trade openness, and innovation. study utilizes ARDL approach using annual data 2022 Türkiye. The results indicate that high quality governance enhances efficient structures support sustainable development. On contrary, findings corruption gives harm growth. Therefore, stronger anti‐corruption measures can be instrumental ensuring further show increased openness is detrimental These suggest greater leads higher production, which turn increases fossil fuel consumption, thereby hindering Finally, positive impact innovation emphasized importance patents technological progress promoting sustainability. direct policymakers' attention improving governance, reducing aligning policies with environmental objectives

Language: Английский

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Can green growth and ecological footprint mitigation go hand on hand? The role of sectoral energy consumption, green innovation, and greenfield investment in emerging economies

Economic Change and Restructuring, Journal Year: 2025, Volume and Issue: 58(2)

Published: Feb. 17, 2025

Language: Английский

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