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

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

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The role of ICT investment, digital financial inclusion, and environmental tax in promoting sustainable energy development in the MENA region: Evidences with Dynamic Common Correlated Effects (DCE) and instrumental variable-adjusted DCE

PLoS ONE, Journal Year: 2024, Volume and Issue: 19(5), P. e0301838 - e0301838

Published: May 6, 2024

His research investigates the interplay among investment in Information and Communication Technology [ICT], digital financial inclusion, environmental tax policies, their impact on progression of sustainable energy development within Middle East North Africa [MENA] region. Recognizing distinctive hurdles impeding advancement, effective policy formulation implementation MENA necessitate a comprehensive understanding these variables. Employing Dynamic Common Correlated Effects [DCE] model alongside an instrumental variable-adjusted DCE approach, this study explores relationship between ICT investment, tax, development. The facilitates analysis dynamic effects potential correlations, while addresses issues pertaining to endogeneity. results indicate that both promotion inclusion significantly positively Additionally, underscores importance fostering highlighting critical role interventions. Based findings, governmental prioritization initiatives for service integration is recommended bolster growth MENA. Furthermore, adoption efficient measures essential incentivize practices mitigate degradation. These recommendations aim create conducive environment region, contributing economic prosperity conservation.

Language: Английский

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Nexus between foreign direct investment, gross capital formation, financial development and renewable energy consumption: evidence from panel data estimation

GSC Advanced Research and Reviews, Journal Year: 2024, Volume and Issue: 18(1), P. 182 - 200

Published: Jan. 20, 2024

This research examines the correlation between foreign direct investment (FDI), gross capital formation (GCF), financial development, and renewable energy consumption (REC). The utilizes CS-ARDL NARDL estimates to identify a strong statistically significant connection, both in long-term short-term, Foreign Direct Investment Gross Capital Formation Regional Economic Cooperation More precisely, 10% alteration (FDI) leads 1.545% augmentation Research Development Expenditure (REC) over an extended period of time, 0.735% boost immediate term. Likewise, favorable (unfavorable) advancements hasten (diminish) pace economic growth long analysis also demonstrates relationship GCF REC, highlighting advantageous impact domestic creation on integration clean energy. Moreover, it reveals development indicating that incentives enabled by have crucial encouraging use These results are consistent with previous important consequences for connection sustainable Nonetheless, study highlights importance taking into account nature caliber inflows, influence fair sector environment society, possible environmental social projects fueled expansion. Furthermore, emphasizes need well-rounded policy frameworks governance mechanisms guarantee green climate fund effectively contribute equitable study's findings offer valuable insights how global finance increase However, carefully evaluating wider related factors order develop strategies promoting consumption.

Language: Английский

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Impact of Economic Awareness on Sustainable Energy Consumption: Results of Research in a Segment of Polish Households

Energies, Journal Year: 2024, Volume and Issue: 17(11), P. 2483 - 2483

Published: May 22, 2024

This manuscript explores the relationship between economic awareness (as a part of energy awareness) Polish households and their sustainable consumption practices. Sustainable is measured by frequency behaviors such as turning off electrical devices when not in use, removing mobile device chargers from sockets, switching lights leaving room, preferring showers over baths, using washing machines dishwashers only full, purchasing energy-efficient appliances light bulbs. Economic gauged through variables knowledge electricity tariffs, understanding electric bill components, prices, exact expenses, usage kWh, effective energy-saving methods, familiarity with efficiency classes study presents profiles high low regarding expenditures examines how these differ behaviors. research based on survey 1407 conducted online 2023. Data collected were subjected to statistical analysis are presented tables graphs. The findings discussed context existing literature field, highlighting implications contributes influences among households, providing insights for policymakers conservation initiatives. One key this paper significant association awareness, knowledge, adoption households. reveals that higher levels demonstrate notably practices related compared those lower awareness. Similarly, equipped greater about techniques exhibit propensity adopt underscores important roles literacy education fostering behavioral changes towards more practices, importance targeted interventions educational campaigns aimed at enhancing promoting consumers.

Language: Английский

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The effects of natural resources, education, and financial inclusion in achieving environmental sustainability in resources-abundance nations

Discover Sustainability, Journal Year: 2025, Volume and Issue: 6(1)

Published: Feb. 25, 2025

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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Navigating Uncertainty: The Micro-Level Dynamics of Economic Policy Uncertainty and Systemic Financial Risk in China’s Financial Institutions

Journal of the Knowledge Economy, Journal Year: 2024, Volume and Issue: unknown

Published: Jan. 13, 2024

Language: Английский

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Clarifying the nexus between Trade Policy Uncertainty, Economic Policy Uncertainty, FDI and Renewable Energy Demand

International Journal of Energy Economics and Policy, Journal Year: 2024, Volume and Issue: 14(2), P. 367 - 382

Published: March 15, 2024

: As the world becomes increasingly aware of need to shift towards sustainable energy sources, China and United States are two global superpowers leading this transition. With growing populations increasing demand for energy, these countries have recognized importance renewable in meeting their needs while reducing carbon emissions. The motivation study is evaluate impact trade policy uncertainty on renewal demean USA period 2000-2021 by employing linear nonlinear assessment. test statistics derived through cointegration following Bayer-Hancked Makki's established a long-run tie empirical equation. Moreover, linkage was revealed with symmetry asymmetry investigation. Referring coefficients assessment, that uncertainties detrimental role clean long- short-run asymmetric association between REC has been documented execution standard weld null symmetry. directional causality unidirectional [TPU<- ->REC], bidirectional economic [EPU<- ->REC].

Language: Английский

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Clarifying the relationship between green investment, technological innovation, financial openness, and renewable energy consumption in MINT

Heliyon, Journal Year: 2023, Volume and Issue: 9(11), P. e21083 - e21083

Published: Oct. 17, 2023

The importance of Renewable energy has been well documented in the literature, especially nexus renewable energy-led environmental sustainability. purpose study is to gauge effects green investment (GI), technological innovation (TI), and financial Openness (FO) on Energy Consumption (REC) MINT for period 1996-2019. Several econometric tools have considered documenting target nexus, including panel unit root test following CADF CIPS, Error correction Cointegration test, CS-ARDL, nonlinear ARDL, directional causality by employing D-H Causality test. revealed that all variables become stationary after first difference. long-run association model unveiled with cointegration A positive statistically significant connection regarding FO, TI, GI coefficients REC exposed. It suggests progress RE development inclusion economic activities could be amplified through GI. Inferring results asymmetric valuation, statistics a standard Wald document long run short run. Furthermore, negative explanatory variables, i.e., GI, & divulge tie REC, which valid short-run assessment.

Language: Английский

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Economic instruments for natural resource efficiency: The role of carbon taxation and fiscal policy

Resources Policy, Journal Year: 2024, Volume and Issue: 89, P. 104614 - 104614

Published: Jan. 3, 2024

Language: Английский

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