Article
Environmental Sciences
Wang Lei, Lihan Liu, Muhammad Hafeez, Sidra Sohail
Summary: The study shows that economic policy uncertainty has a positive impact on renewable energy consumption in the short term in China, but a negative impact in the long term. The asymmetric results in the short and long term have similar directions but different magnitudes. Financial development does not have a significant impact on renewable energy consumption in China.
ENVIRONMENTAL SCIENCE AND POLLUTION RESEARCH
(2022)
Article
Environmental Sciences
Najibullah, Javed Iqbal, Misbah Nosheen
Summary: Global warming is a severe environmental problem, with carbon emissions being the primary cause. Recent research shows that international trade has asymmetric effects on consumption-based carbon emissions in emerging economies, with exports reducing emissions while imports increase them over time.
ENVIRONMENTAL SCIENCE AND POLLUTION RESEARCH
(2021)
Article
Environmental Sciences
Tahira Saddique, Ramsha Saleem, Assad Ullah, Azaz Ali Ather Bukhari
Summary: This research examines the role of energy consumption in mitigating poverty in Pakistan and finds that increasing energy consumption has a more promising effect on poverty reduction compared to decreasing energy consumption.
ENVIRONMENTAL SCIENCE AND POLLUTION RESEARCH
(2023)
Article
Environmental Sciences
Zubing Deng, Jun Liu, Sidra Sohail
Summary: The study found that foreign direct investment has a positive impact on CO2 emissions, while negative changes in FDI significantly reduce CO2 emissions in the long run. Positive and negative shocks to remittances increase renewable energy consumption in the long term.
ENVIRONMENTAL SCIENCE AND POLLUTION RESEARCH
(2022)
Article
Environmental Sciences
Leanora Brown, Adian McFarlane, Anupam Das, Kaycea Campbell
Summary: The study found that financial development has a negative impact on CO2 emissions in Jamaica, while rising levels of real domestic economic activity and trade openness have a positive impact on CO2 emissions. Additionally, there is an asymmetric impact of changes in financial development on CO2 emissions in both the long run and short run. Positive and negative changes in financial development can lead to changes in CO2 emissions in the short run. One policy implication is that strengthening the negative relationship between CO2 emissions and financial development could help reduce the increase in CO2 emissions associated with rising levels of real domestic economic activity.
ENVIRONMENTAL SCIENCE AND POLLUTION RESEARCH
(2022)
Article
Environmental Sciences
Oluwatoyin Abidemi Somoye, Huseyin Ozdeser, Mehdi Seraj
Summary: This study examines the impact of renewable energy consumption on economic growth in Nigeria using a non-linear autoregressive distributed lag model. The findings suggest that in the long run, a positive shock to renewable energy consumption decreases economic growth, while a negative shock increases economic growth. This is different from existing literature, which mostly finds a positive relationship between renewable energy consumption and economic growth. However, in the short run, a positive shock increases economic growth, and a negative shock decreases economic growth, although the effects are not significant. The study recommends the use of cleaner technologies to maximize the benefits and minimize the adverse effects of renewable energy sources, especially wood biomass.
ENVIRONMENTAL SCIENCE AND POLLUTION RESEARCH
(2022)
Article
Green & Sustainable Science & Technology
Khurram Shehzad, Umer Zaman, Mahmood Ahmad, Xiaoxing Liu
Summary: The study investigates the impact of ICT, energy consumption, economic growth, and financial development on air quality in Pakistan. Results show that ICT has a significant influence on CO2 emissions, while energy consumption and financial development also contribute to an increase in CO2 emissions in Pakistan.
ENVIRONMENT DEVELOPMENT AND SUSTAINABILITY
(2022)
Article
Environmental Sciences
Tomiwa Sunday Adebayo, Husam Rjoub
Summary: This research study examines the impacts of trade on consumption-based carbon emissions (CCO2) in Mexico, Indonesia, Nigeria, and Turkey (MINT) nations, taking into account financial development and renewable energy use. The results show that imports and economic growth increase CCO2 emissions, while exports and renewable energy use decrease CCO2 emissions. The study suggests implementing initiatives to promote the transition towards renewable energy.
ENVIRONMENTAL SCIENCE AND POLLUTION RESEARCH
(2021)
Article
Economics
Deyi Xu, Muhammad Sheraz, Arshad Hassan, Avik Sinha, Saif Ullah
Summary: The G7 countries have been facing challenges in achieving the Sustainable Development Goal 13 and 7 due to financialization issues and implementation problems with renewable energy generation. This study analyzes the nonlinear and asymmetric effects of financial development and renewable energy generation on carbon emissions, and proposes an SDG-oriented policy framework.
Article
Green & Sustainable Science & Technology
Sikandar Ali Qalati, Sonia Kumari, Kayhan Tajeddini, Namarta Kumari Bajaj, Rajib Ali
Summary: Global warming is a significant issue caused by human activities. This study investigates the impact of trade, renewable energy, and financial development on environmental degradation using the EKC hypothesis. The results show that developed and developing countries emit significantly different amounts of carbon, supporting the EKC hypothesis. There is a high risk of carbon emissions with increased financial development and trading activities, but the use of renewable energy can reduce environmental damage.
JOURNAL OF CLEANER PRODUCTION
(2023)
Article
Thermodynamics
Taha Zaghdoudi, Kais Tissaoui, Mohamed Hedi Maaloul, Younes Bahou, Niazi Kammoun
Summary: This paper examines the asymmetric effects of oil price shocks on coal and renewable energy consumption in China. The results show that oil price increases have significant short-term effects on coal energy consumption, but have a positive long-term impact on renewable energy consumption. Additionally, the relationship between coal energy consumption and economic growth follows a U-shaped pattern.
Article
Green & Sustainable Science & Technology
Lei Chang, Chong Qian, Azer Dilanchiev
Summary: This study examines the impact of financial development on renewable energy consumption in China and finds a significant correlation between the two.
Article
Economics
Walid Bakry, Xuan-Hoa Nghiem, Sherine Farouk, Xuan Vinh Vo
Summary: This paper investigates the effects of ICT on economic growth and energy consumption for 27 countries with high ICT development index rankings from 1990 to 2019. The panel NARDL model approach confirms a long-run asymmetric effect of ICT on economic growth and energy consumption. Negative changes in ICT adoption and usage can have severe consequences on economic growth, while positive or negative shocks to ICT increase energy consumption, indicating the rebound effect. The findings also reveal that economic growth in these countries is energy dependent in the short-run but energy independent in the long-run. Several important policy implications are drawn.
ECONOMIC ANALYSIS AND POLICY
(2023)
Article
Environmental Sciences
Bing Li, Saif Ur Rahman, Sahar Afshan, Azka Amin, Somia Younas
Summary: The BRICS countries, including Brazil, Russia, India, China, and South Africa, have become increasingly important in the global economy. However, their economic growth has come at a cost, as environmental concerns have risen. This study analyzes the complex relationships between economic indicators and carbon and nitrous oxide emissions in the BRICS countries from 1990 to 2021. The findings show that economic growth increases emissions, while trade openness and energy consumption also have significant impacts. The study suggests that supporting creative activities, enhancing institutions, and promoting free trade can ensure environmental sustainability in the BRICS nations.
ENVIRONMENTAL SCIENCE AND POLLUTION RESEARCH
(2023)
Article
Environmental Sciences
Mohammad Subhan, Muhammad Irfan, Gayas Ahmad, Waseem Alam, Mohd Nasir Zameer
Summary: This study examines the long- and short-term impacts of renewable and non-renewable energy consumption and financial development on CO2 emissions in India. The results show that renewable energy consumption and financial development have significant effects on CO2 emissions in the long run in India.
ENVIRONMENTAL SCIENCE AND POLLUTION RESEARCH
(2023)
Article
Economics
Changling Sun, Nian Li, Peng Gao, Muhammad Asif Khan, Zilan Bi
Summary: This article constructs a measurement index of core competence using text analysis method and tests its impact on the cost of debt empirically. The study finds that stronger core competence leads to lower cost of debt. Mechanism test shows that core competence reduces default risk and alleviates agency problem, thus affecting the cost of debt. Further research distinguishes the types of core competence and finds that resources, especially tangible resources, are the key factor in reducing the cost of debt. The nature of property rights also plays a role, where the impact of core competence on the cost of debt is mainly observed in non-state-owned enterprises with strong financing constraints. This article enriches the literature on economic consequences of core competence and factors affecting the cost of debt and provides scientific support for addressing financing difficulties and expenses.
Article
Economics
Faheem Ur Rehman, Md Monirul Islam
Summary: The contribution of BRICS countries to the global economy has received significant attention. Financial market reform is identified as the critical factor driving their economic growth. This study finds that financial infrastructure plays a significant role in the productivity growth of BRICS countries, along with outward FDI, trade openness, human capital, and innovation.
Article
Economics
Faheem Ur Rehman, Kazi Sohag
Summary: This study investigates the impact of transport infrastructure on the technological content and diversification of export products in the G-20 economies. The results indicate that transport infrastructure plays a positive role in promoting the sophistication and diversification of export products. Additionally, outward foreign direct investment, institutional quality, and human capital also contribute to the technological content and diversification of export products.
APPLIED ECONOMICS LETTERS
(2023)
Article
Environmental Sciences
Hafiz M. Sohail, Mirzat Ullah, Kazi Sohag, Faheem Ur Rehman
Summary: This study examines the impact of important macroeconomic variables on economic growth, including quality of education, infrastructure development, foreign direct investment inflow, and green energy transitions. The results show that quality education, foreign direct investment inflow, and infrastructure development have a significant positive role in the economic growth of Pakistan. The study also finds a unidirectional causality from education and green energy transition towards economic growth, with education being related to infrastructure. Additionally, a bidirectional causal relationship is found between FDI and infrastructure towards economic growth, indicating that increased foreign investment can boost the economy.
ENVIRONMENTAL SCIENCE AND POLLUTION RESEARCH
(2023)
Article
Environmental Sciences
Imran Khan, Hongdou Lei, Ihsan Muhammad, Ahmad Khan, Mingyu Lei
Summary: Land use activities, such as urban expansion and agricultural practice, have significantly impacted natural ecosystems, food production, and environmental quality. This study examines the asymmetric impacts of land-use and land-cover changes on environmental quality in Pakistan. The results show that built-up land and grazing land have a symmetric unidirectional causation with carbon dioxide emissions, while cropland has no significant effect. The findings provide valuable insights for land-use policies and environmental protection in Pakistan.
JOURNAL OF ENVIRONMENTAL MANAGEMENT
(2023)
Article
Economics
Tanveer Bagh, Muhammad Asif Khan, Veronika Fenyves, Judit Olah
Summary: This study investigates the asymmetric effect of investors' sentiments on herding behavior and stock returns in the S&P 500 markets. The findings show that the COVID-19 pandemic has increased herding behavior in the markets and had a negative impact on stock returns. Investor sentiments may have extrapolative or predictive features in relation to herding behavior.
MONTENEGRIN JOURNAL OF ECONOMICS
(2023)
Article
Energy & Fuels
Faheem Ur Rehman, Md. Monirul Islam
Summary: Despite ample empirical evidence on the impact of energy consumption on economic growth, there is a lack of research on the relationship between energy infrastructure and total factor productivity (TFP) in academic literature. This study analyzes panel data from 67 upper and middle-income countries between 1990 and 2019 to examine the dynamic nexus between energy infrastructure and TFP. The findings show that energy infrastructure significantly and positively increases TFP in both the short and long run, along with other macroeconomic dynamics such as foreign direct investment, human capital, technological advancement, and trade openness. The study also suggests that the impact of energy infrastructure on TFP is stronger in upper-middle-income countries compared to lower-middle-income countries, and the results are robust across different estimation parameters and wavelet coherence analysis.
Article
Engineering, Manufacturing
Nyi-Nyi Htun, Agnieszka Wisniewska, Giuseppe Nocella, Elena Santa Cruz, Aniol Peracaula-Moner, Kaisa Vehmas, Liisa Hakola, Katarzyna Liczmanska-Kopcewicz, Lee Bridgett, Katrien Verbert
Summary: This study aims to understand European consumers' concerns, needs, and expectations regarding the use of intelligent packaging technologies. A qualitative user-centered approach was used to gather insights from focus group discussions in five European countries. The findings show that food safety and quality are the most important issues in the food value chain, and consumers prefer smart tag labels to provide information on ingredients, food storage, preparation, shelf life, health, freshness, recycling, and personalized deals. Quick response (QR) codes and freshness indicators are identified as the future technologies for the food industry stakeholders.
PACKAGING TECHNOLOGY AND SCIENCE
(2023)
Article
Multidisciplinary Sciences
Arfia Aman, Muhammad Asif Khan, Mohammed Arshad Khan, Ahsanuddin Haider, Judit Olah, Veronika Fenyves
Summary: Differences in institutions are seen as one of the primary reasons for long-term economic performance. Financial development has a substantial impact on economic and financial performance, but most existing research does not focus on emerging markets. This study examines the role of institutions in promoting finance in emerging economies using a balanced panel dataset.
Article
Green & Sustainable Science & Technology
Faheem Ur Rehman, Md. Monirul Islam, Syed Ali Raza
Summary: In recent years, many countries have shown interest in achieving economic development through diversifying and sophisticating their export growths. This study examines the impact of disaggregate energy consumption on export diversification and sophistication in OECD countries. The study finds that non-renewable energy consumption has a stronger influence than renewable energy, and factors such as FDI, human capital, and institutional quality also promote export diversification and sophistication. The findings are validated using the System GMM approach, and notable policy recommendations are provided.
Article
Social Sciences, Interdisciplinary
Eray Gemici, Muslum Polat, Remzi Gok, Muhammad Asif Khan, Mohammed Arshad Khan, Yunus Kilic
Summary: In this paper, the effect of explosive behaviors in the Bitcoin market on the top 10 largest stock markets of developed and emerging countries was examined. The study found evidence of multiple bubble episodes, coinciding with the monetary policy actions of the FED and ECB. Using a GARCH model, it was found that these explosive behaviors have a negative impact on the variance of equity returns, although the magnitude and significance vary among stock indices.
Article
Humanities, Multidisciplinary
Tanveer Bagh, Muhammad Asif Khan, Natanya Meyer, Hammad Riaz
Summary: This study uses economic and resource dependency theory to examine the impact of boardroom diversity on firms' financial performance, and explores the influence of strategic change on this relationship. The study measures boardroom diversity and strategic change using a six-dimensional index and analyzes a dataset of 240 non-financial firms listed on four stock exchanges over a 13-year period. The results show that boardroom diversity has a positive impact on financial performance, but this impact is weakened by strategic change. The robustness of the findings is confirmed through alternative estimators. The study provides useful policy implications, suggesting that increasing boardroom diversity can lead to improved financial performance, but the influence of strategic change must be carefully considered.
HUMANITIES & SOCIAL SCIENCES COMMUNICATIONS
(2023)
Article
Multidisciplinary Sciences
Mohammed Arshad Khan, Muhammad Atif Khan, Muhammad Asif Khan, Hossam Haddad, Nidal Mahmoud Al-Ramahi, Noorjahan Sherfudeen
Summary: This study empirically investigates the impact of institutional quality on financial system efficiency and finds a significant positive effect. The effect is more pronounced in countries with lower income levels and stronger institutional quality. The results highlight the importance of enhancing and sustaining institutional quality for promoting financial system efficiency and achieving sustainable growth and development.
Article
Energy & Fuels
Faheem Ur Rehman, Md. Monirul Islam, MirZat Ullah, Shabeer Khan, Mohd Ziaur Rehman
Summary: Developing countries are moving towards digitalization in renewable energy production to mitigate the impact of non-renewable energy consumption on global climate change.
Article
Economics
Judit Olah, Jozsef Popp, Muhammad Asif Khan, Nicodemus Kitukutha
Summary: Sustainability is crucial in e-commerce as consumers demand eco-friendly approaches. However, the challenge lies in sustaining the growth while considering the negative environmental impact. Research shows that investing in sustainable processes has a positive effect on the environment, and customers value sustainability practices.
ECONOMICS & SOCIOLOGY
(2023)