Article
Environmental Sciences
Zakia Batool, Arshad Ali Bhatti, Abdul Rehman
Summary: In every society, there are disadvantaged groups who have consistently been excluded from economic development and are unable to benefit from economic growth. Along with economic and social factors, environmental factors also contribute to the challenges faced by marginalized groups in achieving inclusion. This study investigates the role of macroeconomic policies in promoting an inclusive clean environment in developing countries.
ENVIRONMENTAL SCIENCE AND POLLUTION RESEARCH
(2023)
Article
Green & Sustainable Science & Technology
Zeyun Li, Yen-Ku Kuo, Abdul Rahman Mahmud, Abdelmohsen A. Nassani, Mohamed Haffar, Iskandar Muda
Summary: This study investigates the role of solar energy, environmental policy stringency, and climate technology in promoting environmental sustainability in OECD economies from 2001 to 2018. The results show that these factors play a positive and significant role in addressing environmental issues and ensuring long-term sustainability. Economic growth, however, is found to be a key driver of environmental degradation.
Article
Multidisciplinary Sciences
Xudong Gao, Mingjun Fan
Summary: Most countries are facing challenges in achieving sustainable development and environmental sustainability. However, this study suggests that environmental degradation can be addressed by focusing on technological innovations and improving institutional quality. The research examines the impact of these factors on carbon dioxide emissions in countries participating in the Belt and Road Initiative from 2002 to 2019. The findings indicate that fossil fuel consumption, economic growth, and technological innovations contribute to increased environmental degradation, while renewable energy consumption, rule of law, and institutional quality are associated with improved environmental quality. The study highlights the importance of a strong institutional framework and the adoption of green technology and renewable energy for achieving sustainable development.
Article
Green & Sustainable Science & Technology
FengSheng Chien
Summary: This study aims to investigate the impact of energy consumption on carbon emissions in N-11 economies, the world's next fastest emerging economies. The findings reveal that renewable energy consumption significantly contributes to environmental quality improvement across all quantiles, while non-renewable energy consumption has a positive contribution to environmental degradation only at lower quantiles. Additionally, the effect of economic growth shifts from positive to negative at medium to higher quantiles, indicating the validity of the Environmental Kuznets Curve hypothesis in these countries.
Article
Environmental Sciences
Bright Akwasi Gyamfi, Festus Fatai Adedoyin, Murad A. Bein, Festus Victor Bekun
Summary: The study did not confirm the presence of an N-shaped EKC in the emerging 7 countries but rather found an inverted U-shaped EKC. Results showed a positive and significant relationship between renewable energy and non-renewable energy with CO2 emissions, but short-term results indicated no significant relationship between economic expansion and CO2 emissions. Causality tests revealed bi-directional causality between GDP and GDP-squared.
ENVIRONMENTAL SCIENCE AND POLLUTION RESEARCH
(2021)
Article
Environmental Sciences
Ijaz Younis, Aziza Naz, Syed Ahsan Ali Shah, Muhammad Nadeem, Cheng Longsheng
Summary: The study shows that stock market index price, trade openness, foreign direct investment, and urbanization have significant impacts on environmental degradation in BRICS countries, with variations among different nations. Policy makers need to implement effective strategies to promote renewable energy sources to reduce CO2 emissions.
ENVIRONMENTAL SCIENCE AND POLLUTION RESEARCH
(2021)
Article
Environmental Sciences
Lan Khanh Chu, Buhari Dogan, Sudeshna Ghosh, Muhammad Shahbaz
Summary: With the goal of curbing environmental damage and achieving sustainability, major countries are turning to renewable energy. This study examines the effects of various factors on renewable energy adoption in high- and middle-income countries, including the underground economy, environmental policy strictness, geopolitical risk, GDP, carbon emissions, population, and oil prices. The empirical outcomes reveal significant variations between the two country groups.
JOURNAL OF ENVIRONMENTAL MANAGEMENT
(2023)
Article
Environmental Sciences
Mousa Gowfal Selmey, Ahmed A. Elamer
Summary: This study examines the impact of economic policy uncertainty, renewable energy usage, and economic growth on environmental degradation in Egypt. The findings suggest that economic policy uncertainty and economic growth contribute to environmental degradation in both the short and long term. However, renewable energy consumption has a significant negative effect on environmental degradation in the long run. Therefore, policymakers in Egypt should prioritize stable economic policies and the adoption of renewable energy sources to mitigate environmental degradation.
ENVIRONMENTAL SCIENCE AND POLLUTION RESEARCH
(2023)
Article
Environmental Sciences
Desy Safitri, Fahrurrozi, Arita Marini, Leola Dewiyani, Siti Gomo Attas
Summary: While ASEAN economies are facing worsening environmental conditions, shifting toward green investment to increase renewable energy production has been identified as an effective solution. This study examines the role of environmental degradation and green investment on renewable energy production in ASEAN economies. The empirical evidence reveals that environmental degradation can lead to increased renewable energy production, and green investment has a positive impact on renewable energy production, highlighting the importance of clean energy investments in mitigating environmental challenges.
ENVIRONMENTAL SCIENCE AND POLLUTION RESEARCH
(2023)
Article
Environmental Sciences
Hua Li, Muhammad Sibt e Ali, Bakhtawer Ayub, Irfan Ullah
Summary: This study empirically examines the impact of geopolitical risk, economic policy uncertainty, natural resources, and renewable energy on a country's ecological footprint. The findings suggest that geopolitical risk and renewable energy sources can reduce the ecological footprint, while economic policy uncertainty and non-renewable energy increase it. The study focuses on BRICS nations but has significant implications for expanding knowledge and shaping policy.
ENVIRONMENTAL SCIENCE AND POLLUTION RESEARCH
(2023)
Article
Green & Sustainable Science & Technology
Yongming Huang, Maaz Ahmad, Sher Ali
Summary: This study examines the impact of trade, environmental degradation, and governance on renewable energy consumption in five selected ASEAN countries. The results indicate that trade openness, environmental degradation, and urbanization have significantly decreased the use of renewable energy, while foreign direct investment (FDI) and governance quality positively impact renewable energy consumption.
Article
Green & Sustainable Science & Technology
Walid Bakry, Girijasankar Mallik, Xuan-Hoa Nghiem, Avik Sinha, Xuan Vinh Vo
Summary: This paper examines the impact of green finance on environmental performance in developing countries. Using panel cointegration analysis and panel VECM, the study confirms the cointegration between carbon emissions (CO2) and green finance, real GDP, urbanization, and renewable energy in developing economies. The results show that both green finance and renewable energy have significant inhibitory effects on CO2 emissions, highlighting the importance of promoting these factors. The study also finds the existence of the Environmental Kuznets Curve and the increasing effects of urbanization on CO2 emissions. Several policy implications and recommendations are drawn from the study.
Article
Energy & Fuels
Justyna Godawska, Joanna Wyrobek
Summary: In the long run, stricter environmental policies have a positive impact on the production of renewable energy and the replacement of energy from fossil sources. The study found that the production of renewable energy is positively influenced by the stringency of policies directly aimed at the development of this sector, as well as by policies with other environmental goals and the overall stringency of environmental policies.
Article
Green & Sustainable Science & Technology
Irum Shahzadi, Muhammad Rizwan Yaseen, Muhammad Tariq Iqbal Khan, Muhammad Sohail Amjad Makhdum, Qamar Ali
Summary: This study examines the relationship between greenhouse gas emissions, renewable energy, forest area, patents, and research and development expenditures in developed and developing countries. The findings show that both the utilization of renewable energy and an increase in forest area contribute to the reduction of greenhouse gas emissions. To improve environmental quality, it is important to set targets for the share of renewable energy in the energy mix, provide subsidies for environmentally friendly projects, promote efficient energy use, increase forest coverage, implement environmental standards, and promote eco-friendly products through media.
Article
Environmental Sciences
Ridwan Lanre Ibrahim, Kazeem Bello Ajide
Summary: This study reveals that coal, gas, fuel, and imports increase CO2 emissions per capita, while exports decrease it; technological innovation significantly reduces CO2 emissions per capita. Therefore, promoting technological innovation remains an effective way to mitigate the impact of CO2 emissions.
ENVIRONMENTAL SCIENCE AND POLLUTION RESEARCH
(2021)
Article
Business
Ojonugwa Usman, Andrew Adewale Alola, George Ike
Summary: This paper investigates the inbound tourism demand elasticities of the Middle East and North African (MENA) countries. The findings suggest that external and internal conflicts have a negative and inelastic effect on inbound tourism demand, with external conflicts having a stronger impact. The role of world GDP on tourism demand is positive and elastic, while an increase in relative prices diminishes inbound tourism demand.
INTERNATIONAL JOURNAL OF EMERGING MARKETS
(2023)
Article
Development Studies
Andrew Adewale Alola, Nihat Doganalp, Hephzibah Onyeje Obekpa
Summary: This study examines the contribution of renewable energy to environmental sustainability and evaluates the role of economic freedom aspects in G-7 countries. The findings suggest that renewable energy dimensions significantly mitigate ecological footprint and improve environmental sustainability. However, aspects of economic freedom, such as government size, legal system and property rights, freedom to trade internationally, and regulation, hinder environmental sustainability. Surprisingly, population has a positive impact on environmental quality. The study provides important policy implications.
SUSTAINABLE DEVELOPMENT
(2023)
Article
Green & Sustainable Science & Technology
Yacouba Kassouri, Andrew Adewale Alola
Summary: This study presents a new perspective on the drivers of environmental sustainability at the sector level. By constructing country-level sectoral dynamic indices for technology adoption and emission intensity, the study examines the environmental efficiency effect of technology adoption and technology diffusion across tradable and non-tradable sectors. The results indicate long-term effects of technological changes, with a U-shaped nexus between technology adoption and carbon emission in technology-intensive sectors, and trade networks playing a role in reducing emission intensities and improving technology diffusion.
JOURNAL OF CLEANER PRODUCTION
(2023)
Article
Environmental Sciences
Stephen Taiwo Onifade, Ilham Haouas, Andrew Adewale Alola
Summary: Considering the resource curse assumption, the environmental aspects of resource utilization pose significant dangers to human existence. This study analyzes data from MENA countries with abundant oil and gas reserves to examine the contribution of natural resources to environmental quality. The analysis reveals that natural resource utilization has a negative impact on the environment, which decreases until the 50th percentile and then starts rising again towards the upper percentiles. Primary energy utilization and globalization worsen and improve the environmental quantile, particularly in the upper percentiles, while income confirms an inverted U-shaped hypothesis across all percentiles. Furthermore, there is a significant one-way directional causality from natural resources, economic expansion, primary energy use, and globalization to carbon emissions levels. Therefore, the study provides environmentally friendly resource utilization policies for MENA economies and other resource-rich countries.
NATURAL RESOURCES FORUM
(2023)
Article
Environmental Sciences
Chinazaekpere Nwani, Festus V. Bekun, Bright A. Gyamfi, Ekpeno L. Effiong, Andrew A. Alola
Summary: Sustainable use of natural resources requires ensuring that current economic benefits do not harm future generations. This study examines the relationship between natural resource rents and carbon dioxide (CO2) emissions for a panel of 45 developing and transition economies from 1995 to 2017. The results show that affluence and energy intensity contribute to CO2 emissions, and the impact of natural resource rents on CO2 emissions is stronger when adjusted for trade.
NATURAL RESOURCES FORUM
(2023)
Article
Green & Sustainable Science & Technology
Andrew Adewale Alola, Ali Celik, Usama Awan, Ibrahim Abdallah, Hephzibah Onyeje Obekpa
Summary: Understanding the economic complexity outlook of countries is essential for evaluating the future of industries' product characterization and mitigating negative environmental effects. A study on Denmark, Finland, Norway, and Sweden reveals that economic complexity favors environmental sustainability but also spurs greenhouse gas emissions, potentially detrimental to the ecosystem. The increase in urban population is observed to negatively impact environmental quality, leading to a surge in greenhouse gas emissions. Policymakers should consider economic growth, economic complexity, and environmental-related technologies as drivers for enhancing sustainability in the Nordic region.
JOURNAL OF CLEANER PRODUCTION
(2023)
Article
Environmental Sciences
Tomiwa Sunday Adebayo, Andrew A. Alola, Sami Ullah, Shujaat Abbas
Summary: Considering the challenges to Pakistan's sustainable economic growth, this study provides a fresh perspective on attainable sustainable economic growth in the country. The study employs innovative methods to analyze the relationship between economic growth, agriculture value-added, energy utilization, urbanization, and environmental degradation (carbon dioxide emissions). The results show positive and significant relationships between economic growth and these variables, with bidirectional causality between energy utilization and economic expansion, as well as between environmental degradation and economic expansion. The findings highlight the importance of considering environmental, energy, agricultural, and urban dimensions in policy initiatives for sustainable development.
NATURAL RESOURCES FORUM
(2023)
Article
Environmental Studies
Tugba Koyuncu Cakmak, Mustafa Kemal Beser, Andrew Adewale Alola
Summary: The potential for improved environmental sustainability in scenarios of high unemployment is a dilemma in achieving sustainable development goals 8 and 13. This study examines the association between unemployment and environmental quality using the environmental Phillips curve (EPC) hypothesis in high-income and middle-income economies. The validity of the EPC hypothesis differs across income categories, suggesting the need for case-specific policy instruments to drive sustainable development goals.
ENERGY & ENVIRONMENT
(2023)
Article
Environmental Studies
Delphin K. Espoir, Benjamin M. Mudiangombe, Regret Sunge, Andrew A. Alola
Summary: The need to understand the driving forces behind CO2 emissions has led to attention given to financial development in Africa. Several studies have explored the temporal effects but overlooked the potential spatial dependence. In this study, the spatial dependence in the financial development-CO2 emissions nexus in 52 African countries between 1995 and 2017 is explored, revealing a positive direct effect and an indirect effect. The findings highlight the role of financial development in contributing negatively to CO2 emissions in Africa and emphasize the importance of renewable energy utilization in reducing pollution.
ENERGY & ENVIRONMENT
(2023)
Article
Economics
Serkan Alkan, Saffet Akdag, Andrew Adewale Alola
Summary: By using information theory and complex network analysis, this study explores the vulnerability of global systems and humans to externally undesirable contagions. It also proposes policy measures to mitigate shocks from external contagions.
Article
Social Sciences, Interdisciplinary
Ahmet Calik, Stephen Taiwo Onifade, Andrew Adewale Alola
Summary: This study aims to assess the resilient supplier selection (RSS) process in the wake of the COVID-19 outbreak. A two-stage hybrid decision model using Pythagorean fuzzy sets was proposed to deal with RSS during the COVID-19 outbreak. The results revealed that flexibility is the most important criterion among resilience criteria for RSS.
Article
Economics
Bangyong Hu, Andrew Adewale Alola, Muhammad Zubair Tauni, Tomiwa Sunday Adebayo, Shujaat Abbas
Summary: This study evaluates the relationship between carbon emissions, financial development, renewable energy, and economic growth, and proposes a policy framework based on the Sustainable Development Goals.
STRUCTURAL CHANGE AND ECONOMIC DYNAMICS
(2023)
Article
Environmental Sciences
Kadir Mersin, Metin Yildirim, Andrew Adewale Alola
Summary: Countries' sectors are facing scrutiny for their response to greenhouse gas emissions and the environmental impact of sectoral activities. Shipping and maritime transport are of high importance in terms of environmental concerns. This study compares the carbon dioxide emissions of Washington State Ferries with those from road transportation, and provides management strategies for reducing emissions for both modes of transport.
ENVIRONMENTAL SCIENCE AND POLLUTION RESEARCH
(2023)
Correction
Development Studies
Rasheed O. Alao, Andrew A. Alola
JOURNAL OF SOCIAL AND ECONOMIC DEVELOPMENT
(2023)
Article
Environmental Sciences
Tomiwa Sunday Adebayo, Andrew Adewale Alola
Summary: This study examines the roles of energy source efficiency, renewable energy utilization, and environment-related technologies in achieving sustainable development and reducing greenhouse gas emissions in Denmark. The findings show that increasing renewable energy consumption can significantly reduce short-, medium-, and long-term emissions. Improving energy efficiency and innovation in environment-related technologies also contribute to emission reductions. The study recommends prioritizing attributes such as reliability, durability, and adaptability in environmental innovations.
JOURNAL OF ENVIRONMENTAL MANAGEMENT
(2023)