A roadmap to a green economy in South Africa: modelling technological innovation and energy consumption in the novel dynamic ARDL simulations framework DOI Creative Commons
Maxwell Chukwudi Udeagha, Nicholas Ngepah

Cogent Economics & Finance, Journal Year: 2024, Volume and Issue: 12(1)

Published: Feb. 5, 2024

South Africa's heavy reliance on fossil fuels has posed significant challenges to environmental sustainability, primarily due the associated climate change concerns. To combat these issues, African government turned technological innovation. However, research examining combined impact of technology and energy use quality in country remains scarce. This study aims fill this gap by utilizing a novel dynamic autoregressive distributed lag (DARDL) simulation framework analyze influence various factors CO2 emissions from 1960 2020. Key findings include that innovation contributes emission reduction over both short long terms. The "scale effect" exacerbates emissions, while "technique mitigates them, aligning with Kuznets curve (EKC) hypothesis. Additionally, consumption, foreign direct investment, industrial value-added have adverse impacts quality. Surprisingly, increased trade openness, despite short-term benefits, proves detrimental environment term, supporting pollution haven hypothesis (PHH). In light findings, emphasizes vital role achieving security ecological integrity. policymakers should consider as clean source address bolster sustainability.

Language: Английский

Nexuses between rent of natural resources, economic complexity, and technological innovation: The roles of GDP, human capital and civil liberties DOI
Rafael Alvarado, Muntasir Murshed, Javier Cifuentes‐Faura

et al.

Resources Policy, Journal Year: 2023, Volume and Issue: 85, P. 103637 - 103637

Published: June 17, 2023

Language: Английский

Citations

34

Does economic policy uncertainty, energy transition and ecological innovation affect environmental degradation in the United States? DOI Creative Commons
Min Zhang, Kashif Raza Abbasi, Nasiru Inuwa

et al.

Economic Research-Ekonomska Istraživanja, Journal Year: 2023, Volume and Issue: 36(2)

Published: March 6, 2023

Climate change traps heat, affecting a variety of species in already dry areas. Severe storms, earthquakes, plagues, and food delivery problems are all exacerbated by climate caused emissions greenhouse gases. The United States, the world's largest economy second-largest carbon emitter is expertly planning to reduce its environmental difficulties help accomplishment Nations Sustainable Development Goals (SDGs) 7 13. Given that, study explores renewable energy transition, ecological innovation, economic policy uncertainty, globalization from 1990 2019 using novel econometric approaches augmented ARDL gradual shift causality. results show that variables cointegrated, particularly long short term; transition uncertainty emissions, while innovation contributes long-run depletion CO2 emission. Globalization significantly accelerates term. Furthermore, causation reveals unidirectional, but bidirectional. Finally, conclusion implies transitioning fossil energy, adequate use technology, efficient management uncertainties may contribute States meeting SDGs

Language: Английский

Citations

33

Does Financial Deepening Foster Clean Energy Sustainability over Conventional Ones? Examining the Nexus between Financial Deepening, Urbanization, Institutional Quality, and Energy Consumption in China DOI Open Access

Yingyi Wang,

Md. Qamruzzaman,

Ayesha Serfraz

et al.

Sustainability, Journal Year: 2023, Volume and Issue: 15(10), P. 8026 - 8026

Published: May 15, 2023

Energy availability and the selection of suitable energy sources have substantial implications on both economic environmental sustainability, it is because protection cost directly linked to overall inclusion in economy. Thus, importance clean has been noticed literature regardless structure. The purpose study discover effects financial deepening (FD), urbanization (UR), institutional quality (IQ) China’s consumption. Annual time series date for 1985 2019 utilized documenting coefficients explanatory variables by implementing linear nonlinear Autoregressive Distributed Lagged (ARDL) Fourier-TY causality test. In terms test statistics combined Maki cointegration, revealed that a long-run association prevails empirical nexus. Moreover, symmetric asymmetric framework established associations. Referring deepening, UR, governmental effectiveness, found statistically significant favorable impression REC. While effectiveness unveiled negatively influenced NREC fossil linkage between explained was confirmed through execution standard weld with null symmetry. asymmetry FD, IQ were positive at 1% level long short runs. directional feedback hypothesis holds understanding causal relationship factors RE usage. policy recommendations future generated from research findings.

Language: Английский

Citations

28

How agricultural technologies and climatic factors affect India's crop production? A roadmap towards sustainable agriculture DOI
Imran Ali Baig, Muhammad Irfan, Mohammad Aarif

et al.

Sustainable Development, Journal Year: 2023, Volume and Issue: 31(4), P. 2908 - 2928

Published: April 6, 2023

Abstract This study aims to explore the long‐term (LT) and short‐term (ST) effects of meteorological factors technological advancement on major crop production, that is, wheat, rice, in India from 1990 2020. For this purpose, authors also used other important controlled variables, agriculture employment (AE), agricultural credit (AC), cultivated land (AUR/AUW). estimation data series, employed robust econometric techniques, such as ARDL, FMOLS, CCR framework. Empirical results reveal relationship among factors, technologies, production (wheat rice). In case rainfall (RF) carbon emission (CO 2 ) have a positive negative impact wheat rice while mean temperature is negatively related positively production. Whereas fertilizer usage farm machinery, improve The estimated findings are confirmed by techniques FMOLS CCR. government should adopt necessary measures achieve sustainable develop resilient hybrid seeds well‐suited agro‐climatic conditions order mitigate environmental degradation.

Language: Английский

Citations

27

Analyzing the Impact of Renewable Energy and Green Innovation on Carbon Emissions in the MENA Region DOI Creative Commons
Abdullah Albaker, Kashif Raza Abbasi, Akram Masoud Haddad

et al.

Energies, Journal Year: 2023, Volume and Issue: 16(16), P. 6053 - 6053

Published: Aug. 18, 2023

The rising carbon dioxide emissions from the MENA region constitute a severe danger to environment, public health, and execution of United Nations SDGs. Substantial steps are required solve this problem maintain region’s sustainable future. Hence, current study focused on distinct factors, including renewable energy, energy intensity, green innovation, GDP, CO2 1990 2021. research determines multifarious variables in various quantiles, novel Method Moments Quantile Regression (MMQR) approach, Fully Modified Ordinary Least Square (FM-OLS), Dynamic (D-OLS) Driscoll-Kraay Standard Errors (DKS) applied. findings reveal that significantly reduces all while GDP lead lower, middle, upper quantiles. For robust outcome confirmed by FM-OLS, D-OLS, DKS methods. Also, Granger heterogeneous causality applied bidirectional among variables. study’s imply authorities should emphasize emergence innovation adopting energy-efficient technologies minimize accomplish SDGs 7, 9, 13 secure region.

Language: Английский

Citations

24

Do natural resources bestow or curse the environmental sustainability in Cambodia? Nexus between clean energy, urbanization, and financial deepening, natural resources, and environmental sustainability DOI Creative Commons

Md. Qamruzzaman

Energy Strategy Reviews, Journal Year: 2024, Volume and Issue: 53, P. 101412 - 101412

Published: May 1, 2024

The management and utilization of natural resources can either promote or hinder environmental sustainability. While they provide the basis for renewable energy, sustainable agriculture, conservation efforts, their extraction use also lead to degradation, pollution, depletion. This study examines intricate relationship between resource rent (NRR) sustainability in Cambodia. Specifically, investigates impacts financial openness, institutional quality, deepening, urbanization on this relationship. Employing both symmetric asymmetric frameworks, research assesses explanatory power these variables Study implemented novel cointegration test offered by Bayer-Hancked Makki, long-run short-run coefficients has derived through implementation augmented autoregressive Distributed Lagged (AARDE) Nonlinear Autoregressive (NARDL). reveals long-term association NRR indicators, additionally findings uncover positive negative correlations sustainability, emphasizing challenge managing effectively. Furthermore, highlights potential adverse effects expansion, suggesting that increased investment certain industries higher consumption patterns may exacerbate degradation. It underscores role foreign direct (FDI) promoting energy technologies practices, ultimately reducing CO2 emissions. Additionally, stresses importance quality transparent systems encouraging practices mitigating carbon advocates Cambodia prioritize strength openness achieve while addressing challenges posed deepening urbanization.

Language: Английский

Citations

12

Unveiling the power of education, political stability and ICT in shaping technological innovation in BRI nations DOI Creative Commons

Ruirui Wang,

Md. Qamruzzaman,

Salma Karim

et al.

Heliyon, Journal Year: 2024, Volume and Issue: 10(9), P. e30142 - e30142

Published: April 25, 2024

Technological innovation is a critical element of economic and environmental sustainability; thus, the promotion technological in economy has gained an apex among policy makers. The study's impetus to measure effect investments information communication technology (ICT), education, political stability on technical BRI countries for 2004-2020. In process documenting empirical nexus through implementation novel panel techniques commonly known as Dynamic Seemingly Unrelated Regressions (SUR), continuously updated fully modified" (Cup-FM) bias-corrected (Cup-BC). results slope heterogeneity, cross-sectional dependency test, cointegration test have revealed presence all research variables possessed certain common dynamics, and, most importantly long-run association. study documented coefficients ICT, education Political are positive statistically significant, indicating contributory fostering nations. findings emphasize importance upholding stability, directing resources toward environment that encourages integration (ICT). also highlights how it bring FDI use your advantage order boost tech development economy.

Language: Английский

Citations

11

The linkages among natural resources, sustainable energy technologies and human capital: An evidence from N-11 countries DOI
Guixin Han,

Xuesen Cai

Resources Policy, Journal Year: 2024, Volume and Issue: 90, P. 104787 - 104787

Published: Feb. 23, 2024

Language: Английский

Citations

10

Navigating sustainability in the US: A comprehensive analysis of green energy, eco-innovation, and economic policy uncertainty on sectoral CO2 emissions DOI Creative Commons

Chuhao Wang,

Kashif Raza Abbasi, Muhammad Irfan

et al.

Energy Reports, Journal Year: 2024, Volume and Issue: 11, P. 5286 - 5299

Published: May 16, 2024

The United States is the world's second-largest polluter, generating 4.7 billion metric tons of CO2 in 2020. To combat it, US targeting a precise goal 50–52 percent decrease net emissions from 2005 levels by 2030. Hence, it vital to determine critical factors contributing Sustainable Development Goals (SDGs). With this motivation, study examines dynamic link between green energy transition, eco-innovation, economic policy uncertainty, use, growth, and sectoral (SCO2) 1980 2020 using novel Quantile-On-Quantile Regression (QQR) Granger causality quantile approaches. results show that quantiles transition are positively related all SCO2 quantiles. While eco-innovation marginally favorable lower higher quantiles, positive slope coefficients showcase effect uncertainty on 0.2–0.95 Similarly, use showed negative across whereas QQR growth throughout Suggests investment also reduces delivering for sectors if SDG-7 executed

Language: Английский

Citations

9

Dynamic influence of natural resources, financial integration and eco-innovation on ecological sustainability in EKC framework: Fresh insights from China DOI
Huihui Chen, Mubeen Abdur Rehman,

Jia Luo

et al.

Resources Policy, Journal Year: 2022, Volume and Issue: 79, P. 103043 - 103043

Published: Oct. 17, 2022

Language: Английский

Citations

37