Is achieving environmental sustainability dependent on information communication technology and globalization? Evidence from selected OECD countries

Environmental Technology & Innovation, Journal Year: 2023, Volume and Issue: 31, P. 103178 - 103178

Published: May 9, 2023

Environmental degradation is one of the major global problems. This because, like many other regions in world, OECD countries also contribute to warming by using non-renewable energy sources speed up economic growth. Although ICT promotes globalization, no prior research has examined how this trend may affect CO2 emissions countries. Given scenario, current study aims examine impact Information communication technology, human capital, and globalization on environmental economies from 1990 2018. The present employs second-generation panel econometric techniques, i.e., unit root tests (CADF CIPS), Westerlund co-integration technique, cross-sectional ARDL, AMG. results confirm that ICT, renewable consumption, capital help bring sustainability However, variables growth, consumption lead increase degradation. Finally, it suggested investments sector must be subsidized promote online businesses incentivized through heavy tax relief.

Language: Английский

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Enhancing institutional quality to boost economic development in developing nations: New insights from CS-ARDL approach

Research in Globalization, Journal Year: 2023, Volume and Issue: 7, P. 100137 - 100137

Published: June 10, 2023

Institutional quality (IQ) plays a crucial role in achieving the Sustainable Development Goals. IQ is fundamental to SDG's 16, which promotes peaceful and inclusive societies, provides access justice, builds effective, accountable, transparent institutions. Countries with strong institutions that uphold rule of law, protect human rights, combat corruption are more likely achieve this goal promote economic development. Therefore, study examines relationship between development, as measured by development index (HDI), 70 developing countries 2002 2018. To above mention objective, various econometric techniques were employed, including CIPS unit root, Westerlund (2007) co-integration, Cross-sectional Augmented Autoregressive Distributed Lag, robustness analysis conducted using Fully Modified Ordinary Least Square, Dynamic Mean Grouped, Impulse Response Function, Variance Decomposition Analysis panel estimators. The found globalization have positive, while inflation, unemployment, negative impact on HDI. estimates from Function show positively influences HDI 2019 2028. Additionally, reported around 38% variations can be attributed changes IQ. improve IQ, transparency must prioritized it foundation enhancement. Similarly, measures taken corruption, administrative intervention required advance These findings suggest policymakers prioritize improving institutional fighting countries.

Language: Английский

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Do geopolitical risk and economic policy uncertainty cause CO2 emissions in BRICS? The role of institutional quality and energy productivity

Stochastic Environmental Research and Risk Assessment, Journal Year: 2024, Volume and Issue: 38(5), P. 1685 - 1699

Published: Jan. 19, 2024

Language: Английский

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Green finance transforms developed countries’ green growth: Mediating effect of clean technology innovation and threshold effect of environmental tax

Journal of Cleaner Production, Journal Year: 2024, Volume and Issue: 448, P. 141642 - 141642

Published: March 6, 2024

Language: Английский

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Local government competition, new energy industry agglomeration and urban ecological total factor energy efficiency: A new perspective from the role of knowledge

Journal of Cleaner Production, Journal Year: 2023, Volume and Issue: 429, P. 139511 - 139511

Published: Nov. 2, 2023

Language: Английский

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The efficiency of petroleum and government health services to benefit life expectancy during the inefficiencies of hydroelectricity consumption

Environmental and Sustainability Indicators, Journal Year: 2023, Volume and Issue: 19, P. 100289 - 100289

Published: Aug. 19, 2023

Life expectancy is critical in determining living conditions modern societies, making it a vital focus for policymakers. This research employs panel quantile regression model (ranging from 0.05 to 0.95) Asian countries 2000 2018. The study investigates the impact of economic growth, renewable and non-renewable energy consumption, carbon emissions, government health services on life expectancy. findings reveal that growth affects only at 0.95th quantiles while negatively influencing lower medium quantiles. Conversely, emissions have significant adverse effect across all Hydroelectricity low high quantiles, except quantile. On other hand, higher levels petroleum liquids intake demonstrate positive effects Government-provided healthcare significantly improves lowest middle but its diminishes highest These underscore importance fostering productivity through improved organizational structures. Simultaneously, efforts toward environmental sustainability clean sources are essential thriving ecosystem. Yet, effective use technical endeavors ensuring ecosystem as part establishing form sources.

Language: Английский

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Greening the E7 environment: how can renewable and nuclear energy moderate financial development, natural resources, and digitalization towards the target?

International Journal of Sustainable Development & World Ecology, Journal Year: 2023, Volume and Issue: 31(4), P. 447 - 465

Published: Dec. 25, 2023

This study examines the extent to which green energy vectoring renewable and nuclear moderates effects of natural resource dependence digitalization on environmental sustainability (measured by carbon emissions per capita ecological footprint) in selected emerging seven (E7) countries. The considers intervening roles financial development, economic growth, population growth from 1996 2019. verification empirical hypotheses anchors advanced estimating techniques comprising cross-sectional autoregressive distributed lag augmented mean group. Results reveal that development hinder attainment inducing significant rise footprint. Conversely, promotes strides toward significantly mitigating surge both pollutants. direct indirect are observed sufficiently promote sustainability. Moreover, while economies displays a level support for targets, portrays otherwise. Besides, country-level analyses anchored Fully Modified OLS show hinders targets Russia alone. More so, existence EKC finds Brazil Mexico. Policy insights emanate findings.

Language: Английский

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Greening the Future: Harnessing ICT, Innovation, Eco-Taxes, and Clean Energy for Sustainable Ecology—Insights from Dynamic Seemingly Unrelated Regression, Continuously Updated Fully Modified, and Continuously Updated Bias-Corrected Models

Sustainability, Journal Year: 2023, Volume and Issue: 15(23), P. 16417 - 16417

Published: Nov. 29, 2023

This research endeavors to investigate the impacts of information and communication technology, green technological innovation, environmental tax on attainment ecological sustainability with advanced panel date estimation for 2001–2019. The results this study demonstrate a noteworthy inverse relationship between technology footprint, suggesting that progress in ICT has potential yield positive consequences terms restoration promotion sustainability. Furthermore, underscores significance GTI mitigating carbon emissions effectively addressing challenges. findings indicate incorporation environmentally sustainable can favorable make significant contributions towards worldwide climate targets. Nevertheless, highlights importance considering rebound effects. It imperative ongoing implementation comprehensive policies within realm technology. Moreover, present elucidates ramifications GF sustainability, underscoring its pivotal contribution curtailing emissions, augmenting benchmarks, facilitating footprint. Enhancing utilization finance, making adjustments national regulatory frameworks, achieving harmonization public financial incentives bolster development are important. Additionally, posits ET catalyze businesses individuals embrace friendly energy sources practices, thereby fostering outcomes environment. offers insights into advancing emphasizes need collaborative among academia, industry, government cultivate supportive ecosystem development.

Language: Английский

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Spatial-temporal differentiation characteristics and driving factors of China's energy eco-efficiency based on geographical detector model

Journal of Cleaner Production, Journal Year: 2023, Volume and Issue: 434, P. 140153 - 140153

Published: Dec. 14, 2023

Language: Английский

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Effect of the Supply-Side factors on inflation in South Asia: An analysis of oil price, technology, and labor market dynamics

Research in Globalization, Journal Year: 2024, Volume and Issue: 8, P. 100210 - 100210

Published: March 11, 2024

As a long-lasting and ongoing economic problem, inflation significantly affects how society views socioeconomic concerns people go about living their daily lives. For South Asian economies, is not only hypothetical concept; it brutal reality that capacity to pay for necessities. This study examines the effects of oil prices, technological advances, labor market characteristics on using Panel ARDL subset countries over years 1995 2022. The Hausman test recommends PMG estimates while cointegration verifies presence long-run correlations between variables. According findings this study, prices have big impact in economies. When implemented properly, advancements ability lower inflationary pressures. overall condition particularly reflected factors like employment rates, which inflation. Tight markets can result short-term demand-pull when workers demand greater pay. On other hand, cost-push may occur if wages continue rise steadily time.

Language: Английский

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