Another look at energy consumption and environmental sustainability target through the lens of the load capacity factor: Accessing evidence from MINT economies

Natural Resources Forum, Journal Year: 2024, Volume and Issue: unknown

Published: May 7, 2024

Abstract The relationship between energy utilization and the environment is crucial in an era of environmental concerns by global economies rising consumption. Emerging such as Mexico, Indonesia, Nigeria, Turkey (hereafter, MINT) face complex trade‐offs economic growth sustainability. Strengthening this study are UN Sustainable Development Goals prepositions on access to clean alternative energy, decent growth, responsible production consumption climate action (UN‐SDGs‐7, 8, 12, 13). present examines Kuznets curve (EKC) hypothesis for MINT within framework load capacity factor (LCF). article leverages panel econometrics operationalize variables. Empirical findings show that fails confirm presence EKC. Thus, it implies at their first stage accelerated which might result augmented ecological footprint exert pressure natural resources, indicated observed negative outcome. Furthermore, there a positive significant renewable (RENENG) LCF. It 1% increase RENENG leads LCF 0.70%. These outcomes indicate level not sufficient mitigate change issues. from policy perspective, need nations' portfolio mix, switch conventional sources (fossil fuels) sources, including solar, wind, photovoltaic hydropower, usually have smaller impact environment. investment new green technologies countries investigated arrive better ecosystem desired. More insight outlined concluding section.

Language: Английский

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Pathways to sustainable transportation in G-20 countries: Unveiling the role of green technology, green energy, green finance and digital economy using panel data and machine learning analyses

Research in Transportation Business & Management, Journal Year: 2025, Volume and Issue: 60, P. 101355 - 101355

Published: March 17, 2025

Language: Английский

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IMPACT OF FINANCIAL DEVELOPMENT, TECHNOLOGICAL INNOVATION, GREEN TRADE AND INSTITUTIONAL QUALITY ON SUSTAINABLE DEVELOPMENT: REVELATIONS FROM GLOBAL EVIDENCE

Deleted Journal, Journal Year: 2025, Volume and Issue: unknown, P. 100058 - 100058

Published: April 1, 2025

Language: Английский

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Disentangling the effects of globalization on growth: Evidence from Ethiopia using an ARDL approach

Research in Globalization, Journal Year: 2024, Volume and Issue: 8, P. 100224 - 100224

Published: May 17, 2024

Globalization is a complex phenomenon with far-reaching and multidimensional influences on national growth trajectories. Previous studies examining these effects have often relied overly simplistic measures that mask heterogeneity across contexts. This paper aims to overcome such limitations by disentangling the impacts of different globalization dimensions Ethiopia's economic development over 1981–2021 using an autoregressive distributed lag (ARDL) approach in order assess long-term short-term rates comprehensive index encompassing economic, social, political globalization. Long-run short-run relationships are estimated via ARDL analyze context factors like investment, workforce, trade, capital stock, while robustness findings ensured through dynamic ordinary least squares, fully modified canonical cointegrating regression techniques. Key results indicate overall exhibit negative associations when analyzing taking into account other factors, suggesting need for cautious, sequenced integration optimize benefits as local capacities develop time. However, carries positive long-run effects. Social displays no clear linkage. Short-run also differ dimension. Gross formation, trade openness, stock remain consistently growth-enhancing. The correlation labor force likely reflects structural challenges. Robustness analyses substantiate conclusions, enhancing confidence. Findings imply may potential adaptive investigation's tailored nature provides contextually grounded empirical knowledge broader policy applications. More refinement country-level remains warranted uncover globalization's complexity. Overall, incremental global ties alone proved insufficient acceleration. carry relevance managing strategies towards inclusive, sustainable nationally beyond.

Language: Английский

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Environmental Impacts of Natural Resources, Renewable Energy, Technological Innovation, and Globalization: Evidence from the Organization of Turkic States

Sustainability, Journal Year: 2024, Volume and Issue: 16(22), P. 9705 - 9705

Published: Nov. 7, 2024

Environmental challenges have intensified as a result of global warming and climate change, creating significant threats to environmental quality. The member nations the Organization Turkic States (OTS) are especially impacted by these issues, primarily because their reliance on fossil fuels, leading elevated carbon emissions. This study examines influence natural resources, renewable energy, technological innovation, globalization degradation in five OTS countries—Azerbaijan, Kazakhstan, Kyrgyzstan, Türkiye, Uzbekistan—covering years 1996 2020. ecological footprint CO2 emissions employed main indicators harm. Through application Method Moments Quantile Regression (MMQR), findings reveal that resources significantly contribute lower quantiles but show lesser impact footprint. Conversely, energy consistently improves quality across all quantiles, whereas innovation both associated with increased degradation. Additionally, causality test reveals bidirectional between consumption (EF), well EF. Moreover, unidirectional causal relationship is observed from Based findings, policy recommendations for states include promoting adoption fostering green innovations, addressing negative effects globalization. Such measures vital achieving Sustainable Development Goals ensuring long-term sustainability.

Language: Английский

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Assessing the Drivers of Economic Growth in Pakistan: A Time-Series Analysis of Foreign Direct Investment and Oil Price Effects

Journal of Education and Social Studies, Journal Year: 2024, Volume and Issue: 5(1), P. 183 - 192

Published: March 31, 2024

This research looks at the factors that drive Pakistan's economic growth, with a particular emphasis on influence of foreign direct investment (FDI) and oil prices. Using data from 1998 to 2022, study applies Auto Regression Distributed Lag (ARDL) model examine link between FDI, prices, growth. The empirical findings show FDI has beneficial impact highlighting its importance as driver for development in Pakistan. In contrast, finds rising prices harm emphasizing negative effects price volatility. Considering these findings, underlines need policies encourage inflows industrialization Furthermore, emphasizes government involvement mitigate costs, since unchecked rises might stymie progress. Understanding determinants growth Pakistan is critical both policymakers investors. increasing productivity creating jobs, yet volatility can have substantial country's macroeconomic stability trajectory. Analyzing their gives useful insights long-term initiatives. Overall, suggests dual strategy Pakistani policymakers: create climate conducive attracting while taking steps reduce consequences unpredictable By prioritizing policies, may accelerate protect itself shocks.

Language: Английский

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The shadow economy, natural resource income, and the effect of economic globalization on carbon emissions: Toward a sustainable future

Natural Resources Forum, Journal Year: 2024, Volume and Issue: unknown

Published: May 17, 2024

Abstract The shadow economy, natural resources, and economic globalization are interconnected factors that shape global carbon emissions. Developing effective strategies to mitigate climate change achieve sustainable development requires understanding the interplay between these factors. This study examines impact of resource income, on CO 2 emissions in APEC countries from 1990 2022. empirical evidence suggests a 1% increase economy leads corresponding 0.0861% Economic growth, positively associated with countries. However, electricity supply renewable sources income resources negatively Several policy implications need be considered address its potential Strengthening enforcement environmental laws regulations is crucial preventing economy's negative impact. includes targeting illegal activities such as logging, poaching, dumping, which contribute Encouraging transition clean energy can help contribution

Language: Английский

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Nexus between Government Policies and Renewable Energy to Achieve Economic and Environmental Goals: A Step Towards Sustainable Future

Published: Jan. 1, 2024

Language: Английский

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Economic Globalisation and the Islands of the Indian Ocean: An Econometric Analysis

Island Studies Journal, Journal Year: 2024, Volume and Issue: Early access

Published: Dec. 24, 2024

This study investigates economic globalisation’s impact on Indian Ocean islands from 1980 to 2020, focusing the influence of trade, foreign direct investment (FDI), population, and financial aid growth. Using a robust co-integration causality approach, reveals that trade openness negatively impacts growth, whereas FDI population exert positive influence. Conversely, is found have no significant effect development. Detailed case studies Comoros, Madagascar, Maldives, Mauritius, Seychelles Sri Lanka indicate distinct policy interventions tailored each nation’s unique challenges opportunities. research significantly contributes limited literature island economies provides actionable recommendations for policymakers foster sustainable performance resilience in region.

Language: Английский

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