Towards Sustainability: Understanding Norway’s Ecological Footprint Through the Framework of the Environmental Kuznets Curve DOI Creative Commons
Irina Georgescu, Ionuț Nica, Jani Kinnunen

и другие.

Energies, Год журнала: 2024, Номер 17(23), С. 6074 - 6074

Опубликована: Дек. 2, 2024

With rising concerns about environmental sustainability, examining the economic-environmental nexus is essential. This study investigates relationship between economic growth (GDP), renewable energy consumption (RENC), urbanization (URB), and foreign direct investment (FDI) with Norway’s ecological footprint from 1990 to 2023. Guided by Environmental Kuznets Curve (EKC) hypothesis, we aim understand how these factors influence impact over time. Using an Autoregressive Distributed Lag (ARDL) model, captures both short- long-term effects of variables on footprint, model stability confirmed through Cumulative Sum Squares (CUSUM) test. The findings reveal a U-shaped EKC pattern, where initial reduces but beyond certain GDP threshold, pressures increase. Renewable shown lower significantly, supporting sustainability goals. Conversely, FDI associated increased impact, potentially due resource-intensive projects. These insights underscore need for balanced policies that harmonize development preservation. Policymakers are encouraged foster green FDI, prioritize investments, implement sustainable urban planning maintain trajectory toward sustainability.

Язык: Английский

Examining the Environmental Phillips Curve Hypothesis in the Ten Most Polluting Emerging Economies: Economic Dynamics and Sustainability DOI Open Access
Göktuğ ŞAHİN, Mustafa Naimoğlu, İsmail Kavaz

и другие.

Sustainability, Год журнала: 2025, Номер 17(3), С. 920 - 920

Опубликована: Янв. 23, 2025

In the context of Environmental Phillips Curve hypothesis, this study investigates impact unemployment on environmental quality in ten emerging economies with highest carbon emissions, as identified International Monetary Fund’s 2015 World Economic Outlook. The primary aim is to estimate effects income, natural gas usage, renewable energy unemployment, and population size dioxide emissions selected countries. utilizes panel data from 1990 2019 employs an Autoregressive Distributed Lag model (ARDL) evaluate short- long-run relationships between these variables. Findings obtained using Pooled Mean Group (PMG) estimator indicate that both income have a significant positive air pollution levels, whereas consumption use correlate decrease emissions. results support negative correlation degradation, aligning EPC. error correction term suggests process returns equilibrium about 2.8 years. findings are validated through robustness tests utilizing Fully Modified Ordinary Least Squares (FMOLS) Dynamic (DOLS) estimators. This offers important insights for policymaking economies, emphasizing importance sustainable development strategies green adoption.

Язык: Английский

Процитировано

1
Exploring the Trade-Off Between Environmental Quality and Economic Welfare: Analyzing the EPC and EKC Hypotheses in the UK with a Focus on Democratization and Fossil Fuel Use DOI Creative Commons
İlkay Güler, Mustafa Naimoğlu, Orhan Şimşek

и другие.

Research Square (Research Square), Год журнала: 2025, Номер unknown

Опубликована: Янв. 24, 2025

Abstract Carbon neutrality achievement, mitigating and reverting environmental degradations, increasing renewable energy projections have been among the most mentioned received attention of government's agendas. Nearly all documents policy actions designed highlighted under environmental-related issues. However, considered tough decisions involving a trade-off between quality economic welfare. The Environmental Phillips Curve has recently introduced insight into trade-off, EPC implies that degradations can be blessed at cost high unemployment. study strives to scrutinize EKC hypotheses by considering effect Democratization, government, fossil use on CO2 emissions in UK. Within this context, ARDL approach, FMOLS, DOLS estimators are performed data covering period 1990 2021. result discloses hypothesis is not verified, whereas holds for Besides, government Democratization play pivotal role emissions, while fuels impair air evidence policymakers improved democratic institutions implement better performance providing directions degradation, country with achieved compositions techniques effects pro-environmental policies without

Язык: Английский

Процитировано

0
The Trend in Environmental Load in the European Union during the Period of 2012–2022 DOI Creative Commons
László Török

Energies, Год журнала: 2024, Номер 17(14), С. 3473 - 3473

Опубликована: Июль 15, 2024

The environmental burden is a global problem affecting the European Union. A comprehensive analysis of essential for creating strategies supporting sustainable economic development. This study attempts to answer question why, despite continuously decreasing energy consumption EU, this region not substantially decreasing. provides novel insights into research area by integrating EU dynamics and efficiency indicators. In study, we used IPAT method. Before main analysis, researcher conducted cross-sectional dependence, slope heterogeneity, Westerlund cointegration tests using primary data. Based on results, member states were classified clusters, linear trend model was carried out. results show that total load did decrease significantly between 2012 2022. fact remained at same level explained there 16 countries whose increased but output lower during time period. offset 11 with high outputs, decreased. proved GDP growth driving force maintaining level. should encourage continue implement protection rules limit eliminate costly burdens their societies economies. can be helpful researchers, political decision-makers, experts working public policies EU.

Язык: Английский

Процитировано

3
Evaluating Renewable Energy’s Role in Mitigating CO2 Emissions: A Case Study of Solar Power in Finland Using the ARDL Approach DOI Creative Commons
Ionuț Nica, Irina Georgescu, Jani Kinnunen

и другие.

Energies, Год журнала: 2024, Номер 17(16), С. 4152 - 4152

Опубликована: Авг. 21, 2024

This study examines Finland’s increasing investment in solar energy as part of its broader strategy to transition renewable sources. Despite northern location and limited sunlight during winter months, Finland has effectively harnessed power, especially long summer days. We conducted a PESTLE analysis, highlighting political commitment climate agreements, economic benefits energy, public support for clean technological advancements, regulatory support, environmental benefits. In addition, we applied the autoregressive distributed lag model (ARDL) impact GDP per capita, urbanization (URB), foreign direct investments (FDI), share primary consumption from (SOL) on CO2 emissions 1990–2022. The long-term findings show that SOL, URB, FDI negatively emissions, while positively impacts emissions. Solar deployment reflects effectiveness cleaner alternative fossil fuels. Urbanization also shows negative due better infrastructure more efficient use urban areas. suggests are oriented towards sustainable technologies. Industrial activity associated with expansion may indicate positive effect Although growth typically resulted increased strategic development can greatly reduce this effect. Policy initiatives should concentrate promoting green enhancing planning focus sustainability.

Язык: Английский

Процитировано

3
Leveraging AI for a Greener Future: Exploring the Economic and Financial Impacts on Sustainable Environment in the United States DOI Creative Commons
Mohammad Ridwan,

Shewly Bala,

Sarder Abdulla Al Shiam

и другие.

Journal of Environmental Science and Economics, Год журнала: 2024, Номер 3(3), С. 1 - 30

Опубликована: Авг. 25, 2024

In response to increasing environmental challenges, the United States has deliberately adopted technical advancements promote sustainable development. This includes efforts decrease pollution, improve energy efficiency, and encourage use of environmentally friendly technology in different industries. study investigates role Artificial Intelligence (AI) promoting sustainability from 1990 2019. It also examines impacts financial development, ICT use, economic growth on Load Capacity Factor (LCF). Various unit root tests revealed no issues mixed integration orders among variables. The Autoregressive Distributive Lag (ARDL) model explored cointegration, indicating long-run relationships ARDL findings confirm Curve hypothesis for States, with AI positively correlating LCF both short long run. Conversely, development population significantly reduce LCF. Robustness checks using FMOLS, DOLS, CCR estimation approaches align results. Granger causality reveal unidirectional growth, AI, bidirectional between Diagnostic results are free heterogeneity, serial correlation, specification errors. underscores importance enhancing while highlighting adverse

Язык: Английский

Процитировано

3
Evaluating the Determinants of Deforestation in Romania: Empirical Evidence from an Autoregressive Distributed Lag Model and the Bayer–Hanck Cointegration Approach DOI Open Access
Irina Georgescu, Ionuț Nica

Sustainability, Год журнала: 2024, Номер 16(13), С. 5297 - 5297

Опубликована: Июнь 21, 2024

This study focuses on deforestation, a key aspect of the current environmental decline linked to worldwide economic development and increasing populations. It examines how renewable energy consumption (RENC), GDP per capita, urbanization (URB) foreign direct investments (FDI) have influenced expansion forest areas (FAG) in Romania from 1990 2022, utilizing an autoregressive distributed lag (ARDL) model Bayer–Hanck cointegration approach. The main results paper are following: has positive statistically significant long-term influence FAG; URB FDI negative impact RENC is not determinant FAG. In short term, 1% increase leads 809.88% decrease FAG, while first second 323.06%, 216.26% suggests that as more land developed for urban use (like building homes, businesses, infrastructure), immediate consequence reduction area available forests. effect indicates strong inverse relationship between availability forests term. Our underscore importance sustainable strategies, including green planning robust conservation, offset adverse effects increased Romania’s emphasizing need careful strategic policies balance growth with protection.

Язык: Английский

Процитировано

1
Assessing the Interplay of Financial Development, Human Capital, Democracy, and Industry 5.0 in Environmental Dynamics DOI Open Access
Mahvish Muzaffar, Ghulam Ghouse,

Fahad Abdulrahman A. Al-Ahmad

и другие.

Sustainability, Год журнала: 2024, Номер 16(16), С. 6846 - 6846

Опубликована: Авг. 9, 2024

The anthropogenically induced ecological resource exploitation surpasses the Earth’s regenerative capacity and has resulted in bankruptcy. Conceding that, United Nations mandates environmental restoration by 2030. Against this backdrop, study seeks to orchestrate a hybrid framework modulating Quintuple Helix Model into an Anthropomorphized Stochastic (ASQHM). This model introduces human behavior allows for hypothesis testing. ASQHM stipulates that propensity of espoused eco-innovation aimed at is contingent upon five composite helices: capital, democracy, Industry 5.0, media, pro-environmental behavior. In addition, financial development been deemed imperative facilitate these variables, which were considered stakeholders study. To fill gaps literature, three namely (PEHB), are formed through principal component analysis. panel data employs Generalized Methods Moments compute developed less countries from 1995 2022. results imply first helix (human capital) levitates (DCs) but yields opposite (LDCs). Democracy, information communication technology helices demonstrate solicited negative relationship with footprints both panels, thus supplementing restoration. fifth helix, PEHB, escalates DCs; however, it abets LDCs. postulated “partially” works DCs LDCs, rejecting its hypothesized role former group while confirming latter group. Astonishingly, fall short requisite PEHB (fifth helix), LDCs do not have at-par capital (first helix) reduce footprints, catalyze eco-innovation, partake process. Despite slight discrepancies findings validate effectiveness as decisive determinant Based on findings, also suggests practical policies.

Язык: Английский

Процитировано

1
Towards Sustainability: Understanding Norway’s Ecological Footprint Through the Framework of the Environmental Kuznets Curve DOI Creative Commons
Irina Georgescu, Ionuț Nica, Jani Kinnunen

и другие.

Energies, Год журнала: 2024, Номер 17(23), С. 6074 - 6074

Опубликована: Дек. 2, 2024

With rising concerns about environmental sustainability, examining the economic-environmental nexus is essential. This study investigates relationship between economic growth (GDP), renewable energy consumption (RENC), urbanization (URB), and foreign direct investment (FDI) with Norway’s ecological footprint from 1990 to 2023. Guided by Environmental Kuznets Curve (EKC) hypothesis, we aim understand how these factors influence impact over time. Using an Autoregressive Distributed Lag (ARDL) model, captures both short- long-term effects of variables on footprint, model stability confirmed through Cumulative Sum Squares (CUSUM) test. The findings reveal a U-shaped EKC pattern, where initial reduces but beyond certain GDP threshold, pressures increase. Renewable shown lower significantly, supporting sustainability goals. Conversely, FDI associated increased impact, potentially due resource-intensive projects. These insights underscore need for balanced policies that harmonize development preservation. Policymakers are encouraged foster green FDI, prioritize investments, implement sustainable urban planning maintain trajectory toward sustainability.

Язык: Английский

Процитировано

0