Geoscience Frontiers,
Journal Year:
2024,
Volume and Issue:
15(6), P. 101893 - 101893
Published: July 16, 2024
A
reconciliation
of
the
disagreement
on
whether
financial
globalization
(FG)
affects
ecological
footprint
through
scale,
technique
and
composition
effects
cannot
be
achieved
without
an
explicit
understanding
direct
indirect
interactions
FG
with
environmental
sustainability.
Hence,
novel
perspective
this
study
lies
in
investigation
how
green
innovations
moderate
non-linear
tendencies
FG-environmental
sustainability
link
among
western
African
states
given
abundance
natural
resources
prevailing
pace
economic
growth.
The
core
findings
are
obtained
from
robust
analysis
based
cross-sectional
autoregressive
distributed
lag
(CS-ARDL)
technique,
augmented
mean
group
(AMG)
common
correlated
(CCEMG)
advanced
estimators.
Firstly,
beneficial
impacts
were
observed.
As
per
impact,
enhanced
exhibits
detrimental
effects.
However,
cushion
observed
adverse
FG.
Furthermore,
resource
rents
reduce
within
moderating
framework
innovation
as
Kuznets
curve
(EKC)
is
validated
states.
Additionally,
a
bidirectional
causal
between
globalization,
innovations,
growth,
resources,
was
Thus,
significant
policy
implication
for
West
to
decisively
increase
their
investments
while
strategically
encouraging
share
ecologically
friendly
total
utilization
guarantee
more
sustainable
environment.
Energy Strategy Reviews,
Journal Year:
2023,
Volume and Issue:
49, P. 101147 - 101147
Published: July 27, 2023
This
study
looks
into
ICT's
asymmetrical
impact
on
emissions
of
carbon
dioxide
(CO2)
controlling
energy
use
and
financial
development
(FD)
in
GCC
countries.
It
uses
panel
data
covering
1995–2019,
employs
2nd
generation
unit
root
Westerlund
cointegration
tests,
applies
panel-pooled
"generalized
least
square
(GLS)"
techniques.
The
"pooled
mean
group
(PMG)"
method
the
"Dumitrescu-Hurlin
(D-H)"
causality
test
are
employed
to
verify
robustness
GLS
estimation.
bootstrap
corroborates
a
long-run
among
variables.
findings
exhibit
an
asymmetric
relation
between
ICT
CO2
emissions;
both
affirmative
negative
shocks
FD
associated
with
decreased
emissions,
while
enhances
latter.
Hence,
promoting
is
essential
reduce
discharges
region
due
its
large
stimulus
emissions.
PMG
estimation
also
produces
similar
those
outcomes
verifies
outcomes'
robustness.
D-H
check
validates
outcomes.
Geoscience Frontiers,
Journal Year:
2024,
Volume and Issue:
15(6), P. 101893 - 101893
Published: July 16, 2024
A
reconciliation
of
the
disagreement
on
whether
financial
globalization
(FG)
affects
ecological
footprint
through
scale,
technique
and
composition
effects
cannot
be
achieved
without
an
explicit
understanding
direct
indirect
interactions
FG
with
environmental
sustainability.
Hence,
novel
perspective
this
study
lies
in
investigation
how
green
innovations
moderate
non-linear
tendencies
FG-environmental
sustainability
link
among
western
African
states
given
abundance
natural
resources
prevailing
pace
economic
growth.
The
core
findings
are
obtained
from
robust
analysis
based
cross-sectional
autoregressive
distributed
lag
(CS-ARDL)
technique,
augmented
mean
group
(AMG)
common
correlated
(CCEMG)
advanced
estimators.
Firstly,
beneficial
impacts
were
observed.
As
per
impact,
enhanced
exhibits
detrimental
effects.
However,
cushion
observed
adverse
FG.
Furthermore,
resource
rents
reduce
within
moderating
framework
innovation
as
Kuznets
curve
(EKC)
is
validated
states.
Additionally,
a
bidirectional
causal
between
globalization,
innovations,
growth,
resources,
was
Thus,
significant
policy
implication
for
West
to
decisively
increase
their
investments
while
strategically
encouraging
share
ecologically
friendly
total
utilization
guarantee
more
sustainable
environment.