Economic Policy Uncertainty and Entrepreneurship in Oil-Producing Countries: Does Institution Matter? DOI
Mahboubeh Jafari

Published: Jan. 1, 2023

In recent decades, there has been a notable increase in global Economic Policy Uncertainty (EPU). EPU exerts significant impact on entrepreneurial activities. However, existing empirical studies report mixed findings. Focusing the oil-rich developing countries, we aim to resolve these conflicting findings by investigating mediating role of institutional quality relationship between and The World Index (WUI) is employed as indicator (EPU), developed Ahir et al. (2022). To mitigate endogeneity issues, employ series panel data models estimated using Generalized Method Moments (GMM). estimation results validate presence oil curse hypothesis. Additionally, our indicate that increased levels WUI are linked negative association with new business formation. Furthermore, illustrate country's institutions plays pivotal shaping how economic uncertainty impacts Consequently, discovery underscores vital mitigating adverse effects entrepreneurship. These remain consistent across various measurements alternative indicators This study's conclusions have implications for both policy management.

Language: Английский

Strategy towards sustainable energy transition: The effect of environmental governance, economic complexity and geopolitics DOI Creative Commons
Satar Bakhsh, Wei Zhang, Kishwar Ali

et al.

Energy Strategy Reviews, Journal Year: 2024, Volume and Issue: 52, P. 101330 - 101330

Published: Feb. 28, 2024

The Paris Agreement and COP27 have been actively working towards a transition to clean energy (SDG-7) the restoration of green environment (SDG-13). Therefore, this study was situated within comprehensive policy framework. This aims investigate effects environmental governance economic complexity on in 20 OECD countries selected for analysis from 1990 2021. employs novel MMQR model account slope heterogeneity cross-sectional dependency. Additionally, an asymmetric conducted examine mediating moderating roles geopolitical risk relationship between governance, complexity, transition. primary findings indicate that (1) stimulating effect at different levels quantiles. Strict policies played critical role energy. Furthermore, interaction factors negatively impacts various quantiles; (2) demonstrates positive association with transition, as high possess necessary resources, capabilities, resilience effectively address challenges seize opportunities associated transitioning cleaner more sustainable sources. However, geopolitics transforms influence into negative nonparametric panel Granger causality test establishes significant causal relationship, revealing can support by creating favorable adoption, fostering innovation, facilitating effective planning implementation, enhancing resilience, promoting international collaboration.

Language: Английский

Citations

47
Energy transition and environmental stability prospects for OECD economies: The prominence role of environmental governance, and economic complexity: Does the geopolitical risk matter? DOI
Satar Bakhsh, Wei Zhang, Kishwar Ali

et al.

Journal of Environmental Management, Journal Year: 2024, Volume and Issue: 354, P. 120358 - 120358

Published: Feb. 26, 2024

Language: Английский

Citations

20
How does digital finance drive energy transition? A green investment-based perspective DOI Creative Commons
Boqiang Lin, Yongjing Xie

Financial Innovation, Journal Year: 2025, Volume and Issue: 11(1)

Published: March 3, 2025

Abstract Green investments (GIs) in the energy industry are crucial for driving a clean transition and fostering environmental sustainability. In digital economy era, insufficient attention has been paid to finance’s (DF’s) influence on GIs enterprises, potentially underestimating its impact. Our study utilized two-way fixed-effects model, analyzing data from 108 listed firms 2011 2020, empirically investigate of DF China’s industry. The research findings as follows: (1) An increase one unit can improve intensity by 0.03% alleviating financing constraints, increasing cash flow, correcting financial mismatches. (2) significant threshold effect GIs, with market incentive- command-and-control-based regulations having thresholds 16.98 0.98, respectively. (3) GI performance large state-owned enterprises regions higher marketization benefits more DF. We suggested tailored policy suggestions according these findings.

Language: Английский

Citations

4
Transition towards environmental sustainability through financial inclusion, and digitalization in China: Evidence from novel quantile-on-quantile regression and wavelet coherence approach DOI
Satar Bakhsh, Wei Zhang, Kishwar Ali

et al.

Technological Forecasting and Social Change, Journal Year: 2023, Volume and Issue: 198, P. 123013 - 123013

Published: Nov. 22, 2023

Language: Английский

Citations

29
Environmental degradation in geopolitical risk and uncertainty contexts for India: A comparison of ecological footprint, CO2 emissions, and load capacity factor DOI Open Access
Muhammed Ashiq Villanthenkodath, Shreya Pal

Energy and Climate Change, Journal Year: 2024, Volume and Issue: 5, P. 100122 - 100122

Published: Jan. 2, 2024

This study assesses the role of geopolitical risk and uncertainty in degradation environment by forming functions for ecological footprint, CO2 emissions, load capacity factor period 1990-2019 India. Besides, specified function endogenizes economic growth, renewable energy consumption, natural resource rent as additional covariates. The use autoregressive distributed lag model (ARDL) confirms long-run relationship between variables. Further, dynamic simulations (DYNARDL) outcomes show that improves quality reducing footprint emissions. However, it degrades factor. Furthermore, environmental emissions but reduced due to implies Given these findings, proposes different conservation policies.

Language: Английский

Citations

12
Does multi-goal policy affect agricultural land efficiency? A quasi-natural experiment based on the natural resource conservation and intensification pilot scheme DOI
Baishu Guo, Kunlun Chen, Gui Jin

et al.

Applied Geography, Journal Year: 2023, Volume and Issue: 161, P. 103141 - 103141

Published: Nov. 2, 2023

Language: Английский

Citations

23
Can digital financial inclusion facilitate renewable energy consumption? Evidence from nonlinear analysis DOI
Satar Bakhsh, Wei Zhang, Kishwar Ali

et al.

Energy & Environment, Journal Year: 2023, Volume and Issue: unknown

Published: Oct. 11, 2023

The Paris climate agreement aims to achieve carbon neutrality by reducing emissions all over the world. This can be accomplished encouraging stakeholders switch more carbon-free production methods, such as renewables, which cannot achieved without high-level subsidies and financial aid. Therefore, sector is inextricably linked renewable energy transition. entire world watching India, world's second-largest importer of fossil fuels fourth-largest emitter greenhouse gases. In this context, work employs a development index in three dimensions: overall development, market-based bank-based development. We used asymmetric nonlinear autoregressive distributed lags econometric model on data from 1980Q1 2020Q4 investigate effect consumption (REC) India. As control variables, included real gross domestic product (GDP), trade openness, oil prices. empirical evidence shows that negative changes developments (shocks) have significant impact REC. Changes finance no immediate instantaneous one-lagged periods, later both positive negative. long-run dimensions has GDP, Our findings policy implications.

Language: Английский

Citations

14
Green finance and Sustainable Development Goals: is there a role for geopolitical uncertainty? DOI
Satar Bakhsh, Md Shabbir Alam, Wei Zhang

et al.

Economic Change and Restructuring, Journal Year: 2024, Volume and Issue: 57(4)

Published: June 11, 2024

Language: Английский

Citations

6
Navigating the path to sustainable resource management: Nexus between financial openness, technological advancements, and mineral resources volatility DOI

Deliang Pang,

Lingxi Liu

Resources Policy, Journal Year: 2024, Volume and Issue: 90, P. 104673 - 104673

Published: Feb. 22, 2024

Language: Английский

Citations

5
Mineral resource volatility and green growth: The role of technological development, environmental policy stringency, and trade openness DOI Creative Commons

Meihong Feng,

Donghang Zou,

Muhammad Hafeez

et al.

Resources Policy, Journal Year: 2024, Volume and Issue: 89, P. 104630 - 104630

Published: Jan. 12, 2024

While natural resources significantly contribute to global socio-economic development, the unresolved question of their volatility's role in decoupling economic growth and carbon emissions persists. Previous empirical studies have underscored both positive negative impacts resource exploration on environment. This study addresses knowledge gap by employing a linear non-linear panel ARDL framework investigate correlation between re source volatility sustainable development BRICS economies. Our key findings reveal that adversely green within model short long run. Conversely, model, an increase negatively influences growth, whereas decrease encourages albeit only Moreover, we found technological stringent environmental policies, trade openness are conducive growth. These results underscore necessity for managing foster particularly emerging

Language: Английский

Citations

4