Article
Green & Sustainable Science & Technology
Tayyaba Rani, Muhammad Asif Amjad, Nabila Asghar, Hafeez Ur Rehman
Summary: This study discusses the role of financial development in achieving sustainable economic growth and environmental quality in South Asian countries and finds a U-shaped relationship between financial development, carbon emissions, and economic growth.
CLEAN TECHNOLOGIES AND ENVIRONMENTAL POLICY
(2022)
Article
Environmental Studies
Faisal Abbas
Summary: This study investigates the impact of financial instability on environmental degradation, economic growth, foreign direct investment, and energy consumption in five South Asian economies from 1980 to 2021. The findings reveal that financial instability has a positive and significant effect on environmental degradation in South Asia, but the impact varies across countries. Additionally, economic growth, foreign direct investment, and energy consumption all have positive and significant effects on environmental degradation, with heterogeneity observed among countries. However, foreign direct investment can reduce environmental degradation in Pakistan, Bangladesh, and India. The study provides policy recommendations to tackle environmental degradation in the South Asian region.
ENERGY & ENVIRONMENT
(2023)
Article
Environmental Sciences
Seyi Saint Akadiri, Tomiwa Sunday Adebayo
Summary: The study investigates the asymmetric effect of financial globalization on carbon emissions, finding that positive shocks in non-renewable energy utilization increase carbon emissions, while favorable variations in renewable energy consumption decrease carbon emissions. Additionally, favorable shocks in financial development contribute to carbon emissions, as do positive shocks in growth.
ENVIRONMENTAL SCIENCE AND POLLUTION RESEARCH
(2022)
Article
Biotechnology & Applied Microbiology
Weidong Huo, Badee Uz Zaman, Muhammad Zulfiqar, Emrah Kocak, Khurram Shehzad
Summary: This study explores the direct and indirect impacts of financial innovations and economic globalization on environmental degradation in China, as well as the contribution of ecological technologies. The findings reveal that financial innovation directly affects environmental degradation in China and indirectly through economic globalization. Additionally, economic globalization has direct and indirect impacts on environmental degradation through environmental technologies. The study also highlights the negative effect of environmental technologies on environmental quality in China.
ENVIRONMENTAL TECHNOLOGY & INNOVATION
(2023)
Article
Environmental Sciences
Shauku Kihombo, Arif I. Vaseer, Zahoor Ahmed, Songsheng Chen, Dervis Kirikkaleli, Tomiwa Sunday Adebayo
Summary: This study investigates the impact of financial globalization on the ecological footprint, finding that financial globalization helps reduce the ecological footprint while population density worsens the environment. The study identified an environmental Kuznets curve and relationships between financial globalization, ecological footprint, and economic growth.
ENVIRONMENTAL SCIENCE AND POLLUTION RESEARCH
(2022)
Article
Environmental Sciences
Oruj Gasimli, Ihtisham ul Haq, Sisira Kumara Naradda Gamage, Rpir Prasanna, Zeeshan Zaib Khattak, Azeem Abbas
Summary: Energy and environmental degradation have significant impacts on health status in South Asia. Higher energy intensity and income can improve health status, while environmental degradation increases health expenditure, hampers life expectancy, and increases mortality.
ENVIRONMENTAL SCIENCE AND POLLUTION RESEARCH
(2023)
Article
Environmental Sciences
Saba Javeed, Hafiz Muhammad Abubakar Siddique, Fahad Javed
Summary: This study investigates the relationship between environmental rationality and economic activities that accelerate environmental indicators in Asia. The results demonstrate that increasing the share of renewable energy in total energy consumption improves environmental quality. The study suggests that Asian countries should implement sustainable environmental policies to protect the environment from further damage.
ENVIRONMENTAL SCIENCE AND POLLUTION RESEARCH
(2023)
Article
Environmental Sciences
Salman Wahab, Bilal Ahmed, Muhammad Imran, Adnan Safi, Zeeshan Wahab
Summary: This study explores the relationship between economic growth, tourism, and the environment in South Asian economies, finding that GDP, human capital, globalization, and financial risk are interconnected and have long-term associations in these countries. Various methodologies and tests were employed, revealing important findings such as the impact of GDP on tourism diminishes at higher quantiles, human capital and globalization have varying effects, and financial risk has a greater negative impact in larger economies. The study also examines the relationship between CO2 emissions and the variables under investigation, finding that the effect of GDP on emissions decreases at higher quantiles, human capital has a larger effect on reducing emissions at lower quantiles, and an increase in financial risk leads to a decrease in emissions.
ENVIRONMENTAL SCIENCE AND POLLUTION RESEARCH
(2023)
Article
International Relations
Yuanzhi Liu, Akintoye Victor Adejumo, Oluwabunmi Opeyemi Adejumo, Timothy Ayomitunde Aderemi
Summary: This study examines the effects of economic globalization on economic growth in South Asian countries and finds that globalization has a positive impact on economic growth. However, rising interest rates and inflationary pressures may undermine this influence. Additionally, economic globalization can be utilized as a tool to stimulate investment and combat corruption, thus sustaining economic growth in South Asian economies.
Article
Environmental Sciences
Ayaz Zafar, Muhammad Tariq Majeed, Misbah Nosheen, Javed Iqbal
Summary: The study finds that financial development leads to an increase in carbon emissions, while globalization helps reduce emissions. There should be stronger supervision over loans for green technology and environmentally friendly products to protect environmental quality and sustainability.
ENVIRONMENTAL SCIENCE AND POLLUTION RESEARCH
(2021)
Article
Environmental Sciences
Philip Chimobi Omoke, Tochukwu Nwachukwu, Ashiru Ibrahim, Odinaka Nwachukwu
Summary: This study uses a nonlinear autoregressive distributed lag model to assess the asymmetric impact of financial development, trade openness, and environmental degradation on economic growth in Venezuela. The findings show that declining financial development hinders economic growth, while trade openness has a positive impact on economic growth. In the short run, negative shocks to financial development negatively affect economic growth, while one year lagged negative shocks to financial development improve short-term economic growth.
ENVIRONMENTAL SCIENCE AND POLLUTION RESEARCH
(2022)
Article
Green & Sustainable Science & Technology
U. S. Thathsarani, Jianguo Wei, G. R. S. R. C. Samaraweera
Summary: This study aims to bridge the gap in measuring financial inclusion by developing an index through principal component analysis. It found that financial inclusion has a positive impact on human capital development and economic growth in South Asian countries, with private sector domestic credits also influencing short-term growth and development.
Article
Green & Sustainable Science & Technology
Muhammad Wasif Zafar, Avik Sinha, Zahoor Ahmed, Quande Qin, Syed Anees Haider Zaidi
Summary: This study investigates the impact of biomass energy consumption, education, and technological innovation on environmental quality. The results show that biomass energy use and technological innovation reduce environmental quality, while education and financial development contribute to reducing carbon emissions.
RENEWABLE & SUSTAINABLE ENERGY REVIEWS
(2021)
Article
Environmental Studies
Fu Ze, Wence Yu, Anis Ali, Sanil S. Hishan, Iskandar Muda, Khurshid Khudoykulov
Summary: This paper investigates the impact of natural resources, information and communication technologies (ICT), and financial globalization on the economic growth of G10 economies while controlling for labor and capital effects. The study uses the cross-sectional-autoregressive-distributed lag (CS-ARDL) model with annual data from 1992 to 2020. The results show that natural resource dependence has a negative effect on economic growth, confirming the Dutch disease hypothesis. Financial globalization promotes economic growth, while the impact of ICT is only significant in the long run. The findings highlight the importance of digitalization and financial globalization for sustainable growth.
Article
Environmental Studies
Xiaoyi Wang, Guanqun Chen, Sahar Afshan, Abraham Ayobamiji Awosusi, Shujaat Abbas
Summary: China's sustainable development relies heavily on transitioning from fossil fuels to renewable energy, and this research aims to investigate the impact of financial globalization, economic complexity, and natural resources on China's renewable energy usage. The empirical results show that economic complexity, natural resources, and economic growth positively influence renewable energy while financial globalization has a negative impact in the short run. Causal interaction tests confirm the relationship between renewable energy and its determinants at different time horizons, emphasizing the need for policymakers to prioritize diversified and specialized exports.
Article
Environmental Studies
Eyup Dogan, Muhammad Tariq Majeed, Tania Luni
Summary: This study explores the effects of geopolitical risk and economic policy uncertainty on natural resources rents in developing countries using panel quantile estimation. The results show that geopolitical risk has a negative impact on natural resources rents, while economic growth increases rents. Economic policy uncertainty has varying effects on rents across different quantiles.
Article
Environmental Sciences
Muhammad Tariq Majeed, Tania Luni, Tasmeena Tahir
Summary: This study investigates the impact of biomass energy consumption on environmental quality among different income groups. The empirical findings suggest that the relationship between environmental quality and income, biomass energy consumption, globalization, and natural resource is different for different income groups.
ENVIRONMENTAL SCIENCE AND POLLUTION RESEARCH
(2022)
Article
Nuclear Science & Technology
Muhammad Tariq Majeed, Ilhan Ozturk, Isma Samreen, Tania Luni
Summary: Achieving sustainable development requires an increasing share of green technologies to meet the rising energy demand, especially in developing economies. This study examines the asymmetric effects of nuclear energy on carbon emissions in Pakistan and finds that nuclear energy has a negative and significant impact on emissions in both short and long run.
NUCLEAR ENGINEERING AND TECHNOLOGY
(2022)
Article
Green & Sustainable Science & Technology
Eyup Dogan, Muhammad Tariq Majeed, Tania Luni
Summary: The study explores the causal relationship between bitcoin, clean energy, and carbon emissions allowances. The findings suggest that bitcoin is causally associated with both clean energy and emission allowances, although this relationship varies over time. The results provide a platform for government officials and policy managers to improve clean energy and carbon allowance markets for sustainable development.
JOURNAL OF CLEANER PRODUCTION
(2022)
Article
Green & Sustainable Science & Technology
Eyup Dogan, Muhammad Tariq Majeed, Tania Luni
Summary: This research employs novel research methods in the energy-environment nexus and investigates the impacts of real output, unemployment, and renewable and nonrenewable energy on ecological footprint. The empirical results show that increases in unemployment and renewable energy decrease ecological footprint while increases in real income and non-renewable energy hurt the environment.
Article
Environmental Studies
Eyup Dogan, Muhammad Tariq Majeed, Tania Luni
Summary: This study explores the causal relationship between COVID-19 and natural resources, agribusiness, energy, and metals & mining sectors, filling the research gap in understanding their dynamic associations. The empirical results demonstrate a time-varying causality from COVID-19 to these sectors, suggesting a significant impact of the pandemic on these industries.