Asymmetric role of environmental policy stringency, fiscal, and monetary policy on environmental sustainability: Evidence from BRICS‐T countries DOI

Arjun Goyal,

Bibhuti Ranjan Mishra

Natural Resources Forum, Год журнала: 2024, Номер unknown

Опубликована: Фев. 27, 2024

Abstract Climate change is often discussed and serves as an essential topic among policymakers researchers. This study aims to examine the impact of macroeconomic policy “environmental stringency” (EPS) on “ecological footprint” (EF) “load capacity factor” (LCF) for BRICS‐T (Brazil, Russia, India, China, South Africa, Turkey) countries using annual data from 1990 2022. It also explores other environmental sustainability factors, such economic growth disintegrated energy. investigation utilizes second‐generation approaches Westerlund cointegration, “method moments quantile regression” (MMQR), panel causality test. Furthermore, a robustness check done long‐run estimators, dynamic ordinary least square (DOLS), fully modified (FMOLS), fixed effect (FE‐OLS). Overall, findings method regression (MMQR) test concerning EF suggest that fiscal contribute quality. Meanwhile, monetary policy, renewable energy consumption, stringency mitigate pollution level in all quantiles. Moreover, results LCF model indicate stringency, consumption improve condition. However, has damaged each quantile. In addition, confirm validity inverted U‐shaped Environmental Kuznets Curve (EKC) hypothesis LCC hypothesis. The estimators support outcomes MMQR method. empirical DH heterogeneous presence bidirectional unidirectional between parameters, underscoring interventions government expenditure, money supply, EPS significantly quality vice versa. Thus, recommends allocating more funds eco‐friendly technology, initiating green lending program, enforcing stringent laws regulations attain Sustainable Development Goals.

Язык: Английский

Does green growth in E-7 countries depend on economic policy uncertainty, institutional quality, and renewable energy? Evidence from quantile-based regression DOI Creative Commons

Yongzhong Jiang,

Arshian Sharif, Ahsan Anwar

и другие.

Geoscience Frontiers, Год журнала: 2023, Номер 14(6), С. 101652 - 101652

Опубликована: Июнь 16, 2023

Environmental degradation is one of the most debatable topics at international forums and it considered a prime concern for entire world. Therefore, researchers policymakers have turned their attention from conventional economic growth to green growth. Although existing literature has discussed several determinants growth, impact policy uncertainty (EPU), renewable energy consumption (RENE), institutional quality (IQ) on (GGDP) relatively unexplored. Hence, this study earliest attempt investigate EPU, IQ, RENE GGDP emerging seven (E-7) countries 1996 2019. In doing so, we apply panel quantile regression (PQR). The empirical findings delineate that EPU negative GGDP, whereas IQ enhance in E-7 countries. Based outcomes, suggests implications achieving targets SDG 07, 08, 13, 16. governments these can achieve higher by ensuring political stability reliable macroeconomic policies through making such flexible easily control or address unpredictable future issues.

Язык: Английский

Процитировано

83

Policy framework considering resource curse, renewable energy transition, and institutional issues: Fostering sustainable development and sustainable natural resource consumption practices DOI
Mahmood Ahmad, Tao Peng, Ashar Awan

и другие.

Resources Policy, Год журнала: 2023, Номер 86, С. 104173 - 104173

Опубликована: Сен. 29, 2023

Язык: Английский

Процитировано

62

Greening the knowledge-based economies: Harnessing natural resources and innovation in information and communication technologies for green growth DOI
Zhen Wang, Yaoxuan Huang, Victoria Ankrah

и другие.

Resources Policy, Год журнала: 2023, Номер 86, С. 104181 - 104181

Опубликована: Окт. 1, 2023

Язык: Английский

Процитировано

52

Can renewable energy transition drive green growth? The role of good governance in promoting carbon emission-adjusted economic growth in Next Eleven countries DOI Creative Commons
Muntasir Murshed

Innovation and Green Development, Год журнала: 2024, Номер 3(2), С. 100123 - 100123

Опубликована: Янв. 1, 2024

This study emphasizes green growth establishment in the Next Eleven countries, especially by boosting their economic output production rates while simultaneously containing carbon emission figures. Notably, considering novel concept of 'emission growth-adjusted rate' for selecting proxy growth, impacts exerted renewable energy transition, good governance, globalization, urbanization, industrialization, and financial development on process greening economies countries are evaluated this study. Overall, results derived from econometric analyses endorse that undergoing transition does not promote unless quality governance is improved tandem. Thus, observed to act as a mediator between these emerging countries. Besides, confirm growth-hampering effects international trade, development. Conversely, globalization found be ineffective influencing objective establishing Furthermore, conducting separately lower-middle upper-middle income categories, growth-influencing determinants appear mostly heterogeneous across alternative sub-samples Therefore, critically important findings, several growth-stimulating policies suggested concerned governments.

Язык: Английский

Процитировано

39

Green finance and green growth nexus: evaluating the role of globalization and human capital DOI Creative Commons
Muhammad Tufail,

Lin Song,

Zeeshan Khan

и другие.

Journal of Applied Economics, Год журнала: 2024, Номер 27(1)

Опубликована: Фев. 2, 2024

Green finance is one of the emerging research areas, particularly in academia and industries. However, its contribution to green growth remains relatively unexplored. Unlike previous studies, current contributes existing literature by using as a policy tool for achieving growth. The method moment quantile regression used investigate link between other control variables on 19 selected OECD economies from 1990 2021. main findings study support idea that accelerates countries. Similarly, results human capital show significantly positive relationship with Additionally, increase globalization GDP decrease To promote achieve sustainable environmental goals set economies, policymakers regulators must prioritize finance.

Язык: Английский

Процитировано

21

Renewable energy transition and green growth nexus in Latin America DOI Creative Commons
Young Kyu Hwang, Ángeles Sánchez Díez

Renewable and Sustainable Energy Reviews, Год журнала: 2024, Номер 198, С. 114431 - 114431

Опубликована: Апрель 23, 2024

The prevailing economic growth model prioritizing is no longer valid due to a great need for sustainable and balanced encompassing both expansion environmental sustainability the natural resource conservation, which important explaining carbon neutrality development goals. impact of renewable energy transition on green examined in this study by rigorous econometric anlysis panel data fourteen Latin American countries from 2003 2020 with special focuses on: identifying primary mechanisms affects growth, assessing heterogeneous effects considering geographical location resources dependency, evaluating spatial spillover growth. results confirm that significantly boosts growth; but its effect differs country's location, fossil fuel dependence, mineral dependence. This also identifies five mediating variables between growth: capital investment, dependency hydropower electricity generation, residential consumption per capita, human capital, creation formal jobs. Lastly, negative found region.

Язык: Английский

Процитировано

18

Advancements in hydrogen storage technologies: Enhancing efficiency, safety, and economic viability for sustainable energy transition DOI

Hui Sun,

Zeyu Wang,

Meng Qin

и другие.

International Journal of Hydrogen Energy, Год журнала: 2025, Номер 105, С. 10 - 22

Опубликована: Янв. 19, 2025

Язык: Английский

Процитировано

6

Impact of natural resources and technology on economic development and sustainable environment – Analysis of resources-energy-growth-environment linkages in BRICS DOI
Hewu Kuang, Yiyan Liang, Wenjia Zhao

и другие.

Resources Policy, Год журнала: 2023, Номер 85, С. 103865 - 103865

Опубликована: Июль 8, 2023

Язык: Английский

Процитировано

42

Impact of natural resources and globalization on green economic recovery: Role of FDI and green innovations in BRICS economies DOI

Weijun She,

Fatma Mabrouk

Resources Policy, Год журнала: 2023, Номер 82, С. 103479 - 103479

Опубликована: Март 28, 2023

Язык: Английский

Процитировано

36

Investigating the impact of environmental governance, green innovation, and renewable energy on trade-adjusted material footprint in G20 countries DOI
İlhan Öztürk,

Asif Razzaq,

Arshian Sharif

и другие.

Resources Policy, Год журнала: 2023, Номер 86, С. 104212 - 104212

Опубликована: Окт. 1, 2023

Язык: Английский

Процитировано

30