Navigating Sustainability Through Environmental Regulations: Assessing the Effects of Command-and-Control and Market-Incentive Policies on Carbon Emissions in China

Sustainability, Journal Year: 2025, Volume and Issue: 17(6), P. 2559 - 2559

Published: March 14, 2025

Environmental regulations of various types are pivotal in shaping resource allocation and subsequently influencing the efficiency carbon reduction initiatives. Taking China as an example, this study rigorously examines effectiveness command-and-control alongside market-based incentives mitigating emissions, focusing on mechanisms at play heterogeneous effects that emerge across diverse geographical market contexts. Employing a quasi-natural experimental framework with difference-in-differences (DID) model, empirical analysis leverages data samples spanning from 2006 to 2019 China. The findings indicate regulatory frameworks effectively reduce emissions coefficients −0.110 −0.160, market-incentive exhibit more substantial impact (−0.160). Significantly, energy consumption intensity emerges mediator establishes causal pathway linking reduced use decreased specifically within context regulations. Conversely, may inadvertently lead increased electricity coefficient 0.2044, suggesting potential trade-off regarding their long-term efficacy. Furthermore, research unveils negative mediating effect associated industrial structure upgrading, denoted by 6.2355 1.4874, indicative “masking effect” where pressures prompt superficial enhancements fail genuinely mitigate emissions. also underscore regional disparities influenced differing levels economic development degrees marketization. This enriches existing literature environmental regulation reduction, providing valuable theoretical insights practical implications for policymakers committed promoting sustainability practices achieving improved outcomes developing countries around world.

Language: Английский

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Impacts of Social Capital, Financial Literacy and Financial Inclusion on Economic Growth of a Primary Data Analysis: Evidence from Pakistan Special Focus on Listed Banks

Bulletin of Business and Economics (BBE), Journal Year: 2024, Volume and Issue: 13(2), P. 637 - 646

Published: June 1, 2024

This research study which is quantitative in nature, investigates the inter-relation between social capital, financial inclusion, literacy, and sustainable development Pakistan. Data was gathered by running surveys on a diverse group of basic units Pakistan further analyzed utilizing complicated statistical methods like regression modeling. The stresses paramount role Financial Inclusion among other Sustainable Development goals, with many existing academic literatures strongly stating its ability to create economic stability as well reducing poverty. also gets praised for efforts offer services, specifically deprived disadvantaged, one critical steps towards fulfilment goals. Accordingly, pinpoints Literacy making there direct relationship literacy welfare. reveals urgent need education programs that will help individuals take better decisions based facts. In addition, although Social Capital major factors, respondents consider it less important than Literacy. However, capital generated community participation acknowledged fundamental collective action integration thereby enhancing developmental efforts. general, this provides information Capital, Inclusion, Literacy, Development, promotes integrated approaches ensure access improve increase inclusive, resilient, paths

Language: Английский

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Assessing the Impact of Technological Innovations and Trade Openness on Environmental Sustainability: An Empirical Study of South Asian Economies Using Panel ARDL Approach

Bulletin of Business and Economics (BBE), Journal Year: 2024, Volume and Issue: 13(2), P. 243 - 250

Published: June 1, 2024

This study examines the major factors that influence environmental sustainability over a 20-year period (2000–2020) in four South Asian economies. In this study, two methods of estimation including Pool Mean Group (PMG) estimator and panel autoregressive distributed lag (ARDL) approach are used. The findings explore trade openness, energy consumption, economic expansion have long-term positive considerable impact on deterioration, conversely technical innovation has negative environment. short run scenario, openness usage significant favourable effects degradation, whereas growth technological advancement had substantial From policy makers provide direction to government by incentivizing technology, enforcing energy-efficient laws, promoting renewable energy, aligning policies with goals, enhancing regional cooperation. order improve sustainable policies, future research should examine energy-trade-growth-technology employing advanced techniques, prioritizing innovation.

Language: Английский

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Investigation the impact of Information & Communication Technology, Foreign Direct Investment and Renewable Energy on Ecological Footprint? Evidence from South Asian Countries

Bulletin of Business and Economics (BBE), Journal Year: 2024, Volume and Issue: 13(2), P. 947 - 958

Published: June 1, 2024

Today, environmental deterioration has become a serious problem throughout South Asia. The macroeconomic factors that influence the quality across various regions must therefore be modelled. Under such circumstances, this study explores how ecological footprint effected by information & communication technology, foreign direct investment, renewable energy for Asian countries utilizing panel data from 1990 to 2018. We use Granger Causality method and autoregressive distributed lag ARDL check cointegration, long short-term association cointegration. aggregate empirical results show long-term, strong negative among technologies, investment footprint. On other side, positively sustainably correlated with which reduce degradation. Both Environmental Kuznets curves (EKC) pollution haven hypothesis support our findings. Additionally, findings developing making switch sources restricting inflows are crucial halting degradation in concerned nations. Numerous policies related improve welfare advised light of these

Language: Английский

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Do green finance and energy prices unlock environmental sustainability in Pakistan? Fresh evidence from RALS‐EG cointegration

OPEC Energy Review, Journal Year: 2024, Volume and Issue: unknown

Published: Dec. 2, 2024

Abstract Even in the face of daunting challenges like climate change Pakistan, every small step towards conservation and sustainability is a beacon hope for brighter, environmental quality. Thus, this study assesses effect green financing, economic growth, human capital, oil price, gas price technological innovation on Pakistan's carbon dioxide emissions. The Residual Augmented Least Square‐Engle Granger (RLAS‐EG) cointegration performed to evaluate effective long‐term association among variables Autoregressive Distributed Lag (ARDL) model assess coefficients. results indicate that finance, capital prices decrease emissions both short long term. Economic growth increases contribute effects, whereas expansion decreases near outcomes suggest endorsing policies facilitate sustainable enhance uptake environmentally friendly investments, foster technical advancements bolster resilience against catastrophic events as measures address mitigate CO 2 Pakistan.

Language: Английский

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Synergetic Impact of Institutional Quality, Foreign Direct Investment, Urban Population Growth and Trade on CO2 Emission: Selective Countries of South Asian

Bulletin of Business and Economics (BBE), Journal Year: 2024, Volume and Issue: 13(2), P. 767 - 774

Published: June 1, 2024

This research examines the relationships within CO2, Institutional quality, foreign direct investment (FDI), urban population growth and Trade in India, Pakistan, Bhutan, Afghanistan, Bangladesh, five countries south Asia. ARDL Autoregressive distributed lag model outcomes suggest, factors effecting environmental quality all move unison over long term (co-integration). The Kuznets curve hypothesis EKC is also supported by results. Additionally seems to have negative influence on while positively influenced CO2 emission. observations demonstrate, there a strong correlation among emission investment, Trade.

Language: Английский

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Analysis the Impact of Technology Innovation, Foreign Direct Investment, Trade Openness and Globalization on CO2 Emissions? Evidence from Developing Nations

Bulletin of Business and Economics (BBE), Journal Year: 2024, Volume and Issue: 13(2), P. 966 - 973

Published: June 1, 2024

The present study explores the effects of Technology Innovation, Foreign Direct Investment, Trade openness and globalization on environmental degradation (CO2 emissions) from 1999-2023 in developing (Afghanistan, Nepal, Pakistan Bangladesh, Bhutan, India) Countries. employs Autoregressive distributed lag (ARDL) method is applied to reveal existence long run short relationship between CO2 emissions its other determinants. A Granger causality test was also used this investigation ascertain direction causation variables. results found that innovation are significantly increase degradation. analysis show direct investment have a significant but negative effect environment It recommended nations give preference sustainable trading procedures by including factors into trade agreements laws. This can involve promoting environmentally friendly labeling, assisting supply chains, reducing obstacles for commodities good environment. Consistent with these empirical findings, article suggests some vital policy implications Developing countries accomplish their development goals (SDGs).

Language: Английский

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Asymmetric Effect of Innovation on Environmental Quality Based on Environmental Kuznets Curve: A Novel Approach

Bulletin of Business and Economics (BBE), Journal Year: 2024, Volume and Issue: 13(2), P. 1187 - 1193

Published: June 1, 2024

Environmental technologies and trade openness have distinct effects on environmental quality, they are strongly associated with income economic growth. The study looks at how impacts quality in OIC countries between 1980 2023 using a range of variables. A new methodology nonlinear autoregressive distributed lags (NARDL) is applied to resolve the issue homogeneity heterogeneity. research has employed various carbon dioxide (CO2) proxies as measures novel variable aims address issues emerging nations such Pakistan within contemporary framework. Our research, which involved creating an index applying Principal Component Analysis (PCA), demonstrates that developing when pollution occurs, EKC Inverted-U form (CO2). results NARDL technique demonstrate strong positive association CO2 openness, technology innovation (ENT), Furthermore, this investigated nonlinearities not found earlier studies demonstrated some misleading decisions. validate existence Inverted-U-shaped used indicator poor Pakistan. Ultimately, argument made if continue their policies energy sector reforms, renewable use, will be able use increased cash concerns.

Language: Английский

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