Do green innovation and financial globalization contribute to the ecological sustainability and energy transition in the United Kingdom? Policy insights from a bootstrap rolling window approach

Sustainable Development, Год журнала: 2022, Номер 31(1), С. 393 - 414

Опубликована: Сен. 15, 2022

Abstract Environmental sustainability and energy transition, especially the renewable have become critical concerns of nations throughout world in recent decades. The sustainable eco‐friendly technologies led to more methodologies, substantial stewardship our natural resources, conversion sources, all which been demonstrated benefit environment significantly. However, prior studies overlooked ecological transition effects green technology innovation. Therefore, this study endeavored investigate role innovation (lnGRN) financial globalization (lnFIG) on (lnEFT) (lnENT) United Kingdom using quarterly data for period from 1995 2020. applied time‐varying (bootstrapping) rolling window technique, can retrieve casual associations among variables at different periods sub‐samples. Besides this, method is advantageous addressing non‐consistency parameters eliminating pre‐test distortion. novel Bootstrap Rolling‐Window full‐sample causality technique results demonstrate that lnGRN lnFIG unidirectional toward lnEFT lnENT. Furthermore, bootstrap rolling‐window subsamples final stage indicate mitigate lnEFT, whereas lnGDP enhance transition. On other hand, lnETX contribute environmental deterioration, while hinders Several important policy implications are derived encourage globalization, technologies, resources consumption, taxes.

Язык: Английский

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The role of green industrial transformation in mitigating carbon emissions: Exploring the channels of technological innovation and environmental regulation

Energy and Built Environment, Год журнала: 2023, Номер 5(3), С. 464 - 479

Опубликована: Март 15, 2023

The industrial sector is vital to economic progress, yet pollution poses environmental and concerns. purpose of the study was investigate influence green transformation in reducing Pakistan's carbon intensity between 1975 2020. Carbon emissions are considered an endogenous construct, while foreign direct investment (FDI) inflows, technological innovation, transformation, legislation, research development (R&D) possible mediators. association variables assessed using robust least-squares approach. Green connected with lower emissions, technical R&D investment, inbound FDI raise a country's emissions. findings support haven hypothesis country. causality estimates indicate that inward contributes regulations; directly relates expenditures; innovations correspond FDI, expenditures, ecofriendly progression, standards. According impulse response function, policies anticipated have differential effect on 2023, 2024, 2028–2030, they likely decrease years 2025–2027 2031 forward. Additionally, technology advancements would almost certainly result rise over time. transitions projected ten-year reduction variance decomposition analysis indicates eco-friendly adaptations largest error shock (11.747%), followed by advancements, regulatory changes, spending having minimal impact economy should foster revolution avoid increase sustainability meet its goals.

Язык: Английский

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The Sustainable Environment in Uruguay: The Roles of Financial Development, Natural Resources, and Trade Globalization

Frontiers in Environmental Science, Год журнала: 2022, Номер 10

Опубликована: Апрель 25, 2022

As the world continues to be a globalized society, there have been variations in environmental quality, but studies including trade globalization into policy framework remain inconclusive. Therefore, employing time series dataset of Uruguay over period between 1980 and 2018, main objective this current study is investigate effect globalization, natural resources rents, economic growth, financial development on carbon emissions. By bounds testing procedures combination with critical approximation p -values Kripfganz Schneider (2018), Autoregressive Distributed Lag estimator, spectral causality test achieve goal research. The outcomes confirm long-run connection emissions these determinants. Moreover, from outcome we observed that liberalization found exert CO 2 long short run. expansion imposes significant pressure quality environment abundance significantly increases deterioration Furthermore, uncover does not impact Uruguay. Finally, detected forecast exclusion development. Based outcome, suggests policies should tailored towards international must reassessed, restrictions placed exportation polluting-intensive commodities reinforced.

Язык: Английский

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Green technology innovation and carbon emissions nexus in China: Does industrial structure upgrading matter?

Frontiers in Psychology, Год журнала: 2022, Номер 13

Опубликована: Июль 26, 2022

Compared with traditional technological innovation modes, green technology is more targeted for low carbon development and critical support countries worldwide to combat climate change. The impact of on emissions considered in terms fixed effect mediating models through industrial structure upgrading. For this purpose, the sample dataset 30 provincial administrative areas China from 2008 2020 employed. results demonstrate that exerts significantly inhibitory effects emissions, whose conclusion still holds after removing municipalities replacing dependent variable. Industrial upgrading vital diminish emissions. There significant regional heterogeneity i.e., direct indirect emission reduction eastern-central area, but its insignificant western region. Therefore, it essential realize by further bolstering accelerating fulfill synergy structure.

Язык: Английский

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Financial market development: A potentiating policy choice for the green transition in G7 economies

International Review of Financial Analysis, Год журнала: 2023, Номер 87, С. 102577 - 102577

Опубликована: Фев. 11, 2023

Язык: Английский

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Unleashing the impact of ecological civilization pilot policies on green technology innovation: Evidence from a novel SC-DID model

Energy Economics, Год журнала: 2023, Номер 125, С. 106813 - 106813

Опубликована: Июнь 21, 2023

Язык: Английский

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The Impact of Green Investment, Technological Innovation, and Globalization on CO2 Emissions: Evidence From MINT Countries

Frontiers in Environmental Science, Год журнала: 2022, Номер 10

Опубликована: Март 22, 2022

The Mexico, Indonesia, Nigeria, and Turkey (MINT) countries have practiced significant levels of economic growth over the years. However, these not managed to protect their environmental quality in tandem. Thus, aggravation indicators traversing radiates a shadow uncertainty on achievement sustainability. In this regard, green investment technological innovations are commonly considered as an effective aspect geared minimize CO 2 emissions, increase energy efficiency involve cleaner production. study investigates effect investment, growth, innovation, non-renewable use, globalization carbon dioxide (CO ) emissions MINT from 2000 2020. After checking stationary process, applied fully modified ordinary least square dynamic methods estimate long-run elasticity mentioned regressors emissions. outcomes show that significantly degradation. contrast, process reduce it long run. Moreover, interaction overcomes pressure environment. Similarly, moderation innovation reduces emission level region. U-shaped Kuznets curve hypothesis was observed between across countries. Furthermore, findings Dumitrescu Hurlin’s panel causal test disclose bidirectional causality exists globalization, innovations, energy, This also recommends some valuable policy suggestions governments general policymakers specifically which aimed endorse sustainability

Язык: Английский

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Determinants of renewable energy sources in Pakistan: An overview

Environmental Science and Pollution Research, Год журнала: 2022, Номер 29(19), С. 29183 - 29201

Опубликована: Янв. 7, 2022

Язык: Английский

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Revisiting the environmental Kuznetz curve and pollution haven hypothesis in N-11 economies: Fresh evidence from panel quantile regression

Environmental Research, Год журнала: 2023, Номер 228, С. 115844 - 115844

Опубликована: Апрель 5, 2023

Язык: Английский

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Digitalization, Financial Development, Trade, and Carbon Emissions; Implication of Pollution Haven Hypothesis During Globalization Mode

Frontiers in Environmental Science, Год журнала: 2022, Номер 10

Опубликована: Апрель 1, 2022

In the modern era of globalization, information and telecommunication technologies (ICTs) have become an important factor influencing carbon dioxide (CO 2 ) emission; however, specific effect produced by ICTs is still not clear. Therefore, study examines nexus between ICTs, foreign direct investment, CO emission in 77 developing countries. The novel attribute this research with financial development international trade interaction term. results are based on pooled regression generalized method moment (GMM) techniques from 1990 to 2016. subsequent empirical findings established as follows: first, positively contribute reducing emission. Second, globalization significantly increases third; emissions, moderating performs similar role. Fourth, finding verifies presence pollution haven hypothesis. Fifth, our robustness tests confirmed that were consistent. We suggest policymakers should be using a policy tool mitigate invite such investments ICT sectors, which help maintain environment quality.

Язык: Английский

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