Role of Innovation on Green Economic Growth: Empirical Analysis from the Countries of the Western Balkans DOI Creative Commons
Marigonë Plakaj Vërbovci, Atdhetar Gara, Hyrije Abazi‐Alili

et al.

Ekonomika, Journal Year: 2024, Volume and Issue: 103(2), P. 109 - 122

Published: July 1, 2024

The impact of innovations on the growth green economy is a crucial aspect for country’s economy. promotion these and investments also vital sustainable long-term development. This paper aims to present role innovation economic in countries Western Balkans (Kosovo, Albania, North Macedonia, Montenegro, Bosnia Herzegovina Serbia) over 13-year period, from 2010 2022.Data research were obtained World Bank Global Economy Database, where study data type Panel. econometric models used are: ordinary least squares (OLS) model, Fixed Effect (FE) Random (RE) model Hausman Taylor (HTH) model. dependent variable growth, while independent variables include index (INV), development expenditures (R&D), information technology exports (ITE), patent applications residents (PA), manufacturing output (MAN), business freedom (BFI), investment (IFI), (EFI). findings this show that should promote key factors such as: as an important driver, with positive growth; expenses; applications, favorable environments facilitate environmental sustainability. results indicate coefficient (B=0.41) statistically significant at 1% level, supporting hypothesis increase has Balkans.

Language: Английский

From public policy towards the green energy transition: Do economic freedom, economic globalization, environmental policy stringency, and material productivity matter? DOI
Mehmet Aydın, Tunahan Değirmenci, Azad Erdem

et al.

Energy, Journal Year: 2024, Volume and Issue: 311, P. 133404 - 133404

Published: Oct. 10, 2024

Language: Английский

Citations

11
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 DOI

Priyanka Pradhan,

Puspanjali Behera, L. N. Sethi

et al.

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

Published: Feb. 17, 2025

Language: Английский

Citations

1
Fossil Fuel CO2 Emissions and Economic Growth in the Visegrád Region: A Study Based on the Environmental Kuznets Curve Hypothesis DOI Open Access
Mohammad Fazle Rabbi, Masuk Abdullah

Climate, Journal Year: 2024, Volume and Issue: 12(8), P. 115 - 115

Published: Aug. 7, 2024

The relationship between fossil fuel CO2 emissions and economic growth in the Visegrád (V4) countries (Czechia, Hungary, Poland, Slovakia) is examined through lens of environmental Kuznets curve (EKC) hypothesis. Employing modified (MEKC) hypothesis, time-series data from 2010 to 2022 were analyzed. methodology encompasses a range econometric techniques, including temporal, comparative, correlational, regression analyses, unravel intricate development (measured by GDP per capita) pollution (CO2 emissions). Results reveal complex nonlinear correlation capita V4 countries, following an inverted U-shaped pattern. Specifically, Czechia Hungary exhibited peak at approximately USD 5000 4500 capita, respectively, with corresponding emission levels 1.15 0.64 metric tons. In contrast, Slovakia’s decreased after its exceeded carbon dioxide reached 0.15 However, Poland’s deviate MEKC pattern, exhibiting consistent rise across all capita. study highlights that power industry largest source four contributing 88.09% total emissions. transportation industrial combustion sectors account for about 2.12% 1.28% annual emissions, respectively. GDP–CO2 correlations vary countries. While exhibits positive 0.35, (−0.37), Poland (−0.21), Slovakia (−0.11) display negative relationships. Notably, experiences most significant increase both road transport air traffic. conclusions drawn this provide robust foundation developing tailored policies support sustainable region other transitioning economies.

Language: Английский

Citations

4
Environmental legislative shaping or green competitive advantages? The role of FDI among environmental regulations DOI
Gonzalo Hernández Soto, Daniel Balsalobre‐Lorente, Xavier Martínez-Cobas

et al.

Energy Economics, Journal Year: 2025, Volume and Issue: unknown, P. 108445 - 108445

Published: March 1, 2025

Language: Английский

Citations

0
Analyzing the impact of economic growth and FDI on sustainable development goals in China: insights from ecological footprints and load capacity factors DOI Creative Commons
İlkay Güler, Mustafa NAİMOĞLU, Orhan Şimşek

et al.

Frontiers in Environmental Science, Journal Year: 2025, Volume and Issue: 13

Published: April 4, 2025

This study investigates the impact of economic growth and foreign direct investment (FDI) on China’s sustainable development goals (SDGs), specifically Zero Hunger (SDG 2), Life Below Water 14), Land 15). It examines ecological footprints load capacity factors (LCFs) in cropland, fishing, forest, grazing land using Fourier bootstrap autoregressive distributed lag (ARDL) cointegration analysis fully modified ordinary least squares (FMOLS) estimators. The covers period from 1979 to 2022. Key findings reveal that while GDP FDI often exacerbate environmental degradation, urbanization value-added agriculture, forestry, fishing (FAFGDP) improve sustainability some areas. confirms pollution haven hypothesis for most models, suggesting legal regulatory frameworks may inadequately mitigate FDI’s adverse effects. Environmental Kuznets Curve (EKC) is not supported as generally increases footprints. However, trade openness show positive influences sustainability. Policy recommendations include enhancing energy efficiency, promoting renewable energy, implementing green technologies agriculture urban development, revising policies incentivize environmentally friendly practices. These strategies are crucial achieving mitigating pressures human activities natural resources.

Language: Английский

Citations

0
BRICS-T Ülkelerinde Ekonomik Küreselleşme, Vergi Yükü ve Yatırım Özgürlüğünün Doğrudan Yabancı Yatırımlara Etkisi DOI Open Access
Tunahan Değirmenci, Mehmet Aydın, Oktay KIZILKAYA

et al.

Ahi Evran Üniversitesi Sosyal Bilimler Enstitüsü Dergisi, Journal Year: 2024, Volume and Issue: 10(1), P. 228 - 243

Published: March 31, 2024

Ekonomik küreselleşme ticari ve finansal yoluyla yeni pazarlara erişimi kolaylaştırabilirken, rekabeti artırabilir yatırım maliyetlerini artırabilir. Ticari küreselleşme, uluslararası ticaretin artmasına ticaret engellerinin azalmasına yol açabilir. Finansal ise sermaye akışlarının serbestleşmesine piyasaların entegrasyonunu sağlayabilir. Vergi politikalarındaki değişiklikler, yatırımcıların kar marjlarını etkileyebilir yapma isteklerini azaltabilir veya yükü artışları, yatırımcıları caydırabilir özgürlüğündeki kısıtlamalar, yatırımların serbest akışını engelleyebilir. Yatırım özgürlüğünün azalması yabancı yatırımcılar için tercih edilmeyebilir. Bu faktörlerin dengeli bir şekilde yönetilmesi, doğrudan sürdürülebilir istikrarlı artmasını çalışmada 1995-2021 dönemi BRICS-T ülkelerinde ekonomik vergi yatırımlar üzerindeki etkisi incelenmektedir. Çalışma sonuçlarına göre; Brezilya, Hindistan ülkelerine ait panelde yatırımları artırmaktadır; Çin'de özgürlüğü Güney Afrika'da azaltırken Türkiye'de artırmaktadır. Genel olarak ülkelerinin, dış ticareti kolaylaştıran politikaları desteklemeleri önerilmektedir.

Citations

2
Road map from dirty growth to sustainable green growth in Turkiye: Management of trade and financial processes? DOI
Mustafa Naimoğlu, Muhammad Shahbaz, Daniel Balsalobre‐Lorente

et al.

Journal of Environmental Management, Journal Year: 2024, Volume and Issue: 367, P. 121984 - 121984

Published: Aug. 3, 2024

Language: Английский

Citations

2
The contribution of green technological innovation, clean energy, and oil rents in improving the load capacity factor and achieving SDG13 in Saudi Arabia DOI Creative Commons
Wided Ragmoun, Ousama Ben‐Salha

International Journal of Renewable Energy Development, Journal Year: 2024, Volume and Issue: 13(6), P. 1125 - 1135

Published: Oct. 10, 2024

This research aims to assess the effects of green technological innovation, renewable energy sources, and oil rents on load capacity factor in Saudi Arabia from 1988 2021. The primary conclusions can be outlined as follows. combined cointegration Saikkonen-Lütkepohl tests reveal long-run relationships between explanatory variables at 1% significance level. In comparison, Phillips-Ouliaris test shows evidence only 10%. Moreover, quantile regression indicates that adversely impact environmental quality; however, they remain contingent upon conditions. A increase results a decline quality by 0.025% under poor conditions, 0.036% moderate/normal 0.108% good On contrary, consumption innovation improve quality, irrespective prevailing However, impacts exceed those innovation. Results show leads 0.052-0.253% improvement whereas 0.017-0.047% improvement. Finally, population GDP per capita exert negative positive implications factor, respectively, while intensity has no significant effects. findings provide insights suggest policy recommendations address climate change meet targets set out SDG13.

Language: Английский

Citations

2
Toward maritime sustainability in GCC countries: What role do economic freedom and human capital play? DOI
Hicham Ayad, Ousama Ben‐Salha, Nassima Djellouli

et al.

Marine Pollution Bulletin, Journal Year: 2024, Volume and Issue: 206, P. 116774 - 116774

Published: Aug. 7, 2024

Language: Английский

Citations

1
Role of Innovation on Green Economic Growth: Empirical Analysis from the Countries of the Western Balkans DOI Creative Commons
Marigonë Plakaj Vërbovci, Atdhetar Gara, Hyrije Abazi‐Alili

et al.

Ekonomika, Journal Year: 2024, Volume and Issue: 103(2), P. 109 - 122

Published: July 1, 2024

The impact of innovations on the growth green economy is a crucial aspect for country’s economy. promotion these and investments also vital sustainable long-term development. This paper aims to present role innovation economic in countries Western Balkans (Kosovo, Albania, North Macedonia, Montenegro, Bosnia Herzegovina Serbia) over 13-year period, from 2010 2022.Data research were obtained World Bank Global Economy Database, where study data type Panel. econometric models used are: ordinary least squares (OLS) model, Fixed Effect (FE) Random (RE) model Hausman Taylor (HTH) model. dependent variable growth, while independent variables include index (INV), development expenditures (R&D), information technology exports (ITE), patent applications residents (PA), manufacturing output (MAN), business freedom (BFI), investment (IFI), (EFI). findings this show that should promote key factors such as: as an important driver, with positive growth; expenses; applications, favorable environments facilitate environmental sustainability. results indicate coefficient (B=0.41) statistically significant at 1% level, supporting hypothesis increase has Balkans.

Language: Английский

Citations

0