Article
Environmental Sciences
Zhengxia Tang, Mohammad Haseeb, Muhammad Usman, Mohd Shuaib, Mustafa Kamal, Mohammad Faisal Khan
Summary: This study investigates the balance between environmental quality and economic growth in China and finds that an increase in the money supply can reduce carbon emissions in both the short-run and long-run, while an increase in government expenditure leads to an increase in carbon emissions. The study also confirms the presence of an N-shaped environmental Kuznets curve, indicating that carbon emissions initially increase with economic growth but can be reduced through the square and cubic forms of economic growth. Additionally, the study finds a causal link between government expenditure, economic growth, and carbon emissions.
ENVIRONMENTAL SCIENCE AND POLLUTION RESEARCH
(2023)
Article
Environmental Sciences
Anushka Verma, Arjoo Kumari, Arun Kumar Giri
Summary: This study examines the direct and indirect impacts of ICT on the environment and found that ICT, renewable energy consumption, and globalization significantly reduce CO2 emissions, while non-renewable energy consumption and financial development increase emissions. The study also confirms the validity of the environmental Kuznets curve hypothesis for ICT diffusion.
ENVIRONMENTAL SCIENCE AND POLLUTION RESEARCH
(2023)
Article
Geosciences, Multidisciplinary
Atif Jahanger, Mohammad Razib Hossain, Joshua Chukwuma Onwe, Stephen Obinozie Ogwu, Ashar Awan, Daniel Balsalobre-Lorente
Summary: Regardless of the ongoing debate, the shape of the Environmental Kuznets Curve (EKC) hypothesis plays a critical role in determining the dynamic relationship between environmental sustainability and economic activities across different nations of the world. The study finds evidence of an N-shaped EKC among the top nuclear energy-producing nations, indicating a dependence on fossil-based energy sources. However, nuclear energy generation improves environmental quality in these countries. The results also suggest that military spending and human capital are negatively associated with ecological footprint, highlighting the role of national security and education in reshaping biocapacity surplus.
Article
Environmental Sciences
Weihua Qu, Zhuorui Wang, Guohua Qu
Summary: Based on the hypothesis of the environmental Kuznets curve (EKC) and using Chinese provincial panel data from 2002 to 2019, this study investigates the contributions of different types of healthcare expenditure, economic development levels, and energy consumption to regional carbon emissions. The findings support the EKC hypothesis in eastern China and demonstrate the carbon reduction effects of government, private, and social health expenditure. The study reveals that the impact of health expenditure on carbon reduction decreases from East to West, with private health expenditure having the largest negative effect on CO2 emissions.
ENVIRONMENTAL SCIENCE AND POLLUTION RESEARCH
(2023)
Article
Environmental Sciences
Mihaela Simionescu
Summary: This paper examines GHG emissions in Central and Eastern European countries from 1990 to 2019 and proposes economic policies to reduce pollution, finding an inverse N-shaped relationship between GDP and GHG emissions, and an N-shaped relationship between value added in agriculture and pollution. The study confirms a U-shaped renewable energy Kuznets Curve for overall economy and agriculture, suggesting that reducing pollution can promote sustainable development in these countries.
ENVIRONMENTAL SCIENCE AND POLLUTION RESEARCH
(2021)
Article
Environmental Sciences
Faik Bilgili, Sevda Kuskaya, Masreka Khan, Ashar Awan, Oguzhan Turker
Summary: The study examined the relationship between public and private health care expenditure, economic growth, and environmental pollution in 36 Asian countries from 1991 to 2017. The results confirmed the Environmental Kuznets Curve hypothesis in Asia and revealed the mitigating effects of health expenditures on CO2 emissions. However, the impact varied at different levels of CO2 emissions, with significant reductions observed at the 50th and 75th quantiles but not at the 25th quantile. The study concludes that higher health spending contributes to improved environmental quality in Asia, emphasizing the importance of increasing public and private health expenditures for sustainable health services and a sustainable environment in the region.
ENVIRONMENTAL SCIENCE AND POLLUTION RESEARCH
(2021)
Article
Environmental Sciences
Abid Rashid Gill, Rabbia Riaz, Minhaj Ali
Summary: This current study aimed to investigate the impact of financial development on the ecological footprint in Pakistan. The results showed that the negative shock of financial development has a positive and significant effect on the ecological footprint, while the positive shock has no significant effect. Economic growth is positively associated with the ecological footprint, but the square of economic growth has no significant effect. Energy consumption positively affects the ecological footprint.
ENVIRONMENTAL SCIENCE AND POLLUTION RESEARCH
(2023)
Article
Business, Finance
Rezwanul Hasan Rana, Khorshed Alam, Jeff Gow
Summary: The paper explores the relationship between financial development and healthcare expenditure on a global scale. It suggests a positive correlation between financial development and healthcare expenditure, with stronger effects in low-income countries. The findings highlight the importance of directing financial gains towards healthcare for maximizing societal welfare.
INTERNATIONAL JOURNAL OF FINANCE & ECONOMICS
(2021)
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
Environmental Sciences
Mulinga Narcisse, Shiyun Zhang, Muhammad Sadiq Shahid, Khurram Shehzad
Summary: Since the industrial revolution, greenhouse gas concentration has been steadily increasing. China emitted 27% of the world's GHGs in 2019, making it the largest contributor to climate degradation. This study investigated the N-shaped association between CO2 emissions and economic growth in China, considering energy use and domestic government health expenditures. The research also examined the role of the Belt and Road Initiative in China's economic globalization. The results showed an N-shaped environmental Kuznets curve in China and suggested that green industries and technological firms can help reduce environmental degradation.
FRONTIERS IN ENVIRONMENTAL SCIENCE
(2023)
Article
Environmental Studies
Mohammad Razib Hossain, Soumen Rej, Ashar Awan, Arunava Bandyopadhyay, Md Sayemul Islam, Narasingha Das, Md Emran Hossain
Summary: Despite the increasing research on the causes of environmental degradation, the uniqueness of nations emphasizing resource depletion has been largely overlooked. This study examines the impact of natural resource rent (NRR), GDP, and their interaction on environmental degradation in India, controlling for urbanization and energy use. Using data from 1970 to 2018 and applying dynamic autoregressive distributed lag (DARDL) simulation and frequency domain causality (FDC) approach, the study finds heterogeneous yet significant impacts of economic activities on environmental quality and validates the existence of an N-shaped Environmental Kuznets Curve (EKC) hypothesis with CO2 emission as the dependent variable.
Article
Environmental Sciences
Delphin Kamanda Espoir, Regret Sunge
Summary: The study examined the relationship between environmental degradation and economic growth in African countries, finding that the Environmental Kuznets Curve holds for the overall sample, but varies in different countries due to heterogeneity. The research also revealed significant direct and spillover effects in the Co2-growth nexus across countries.
JOURNAL OF ENVIRONMENTAL MANAGEMENT
(2021)
Article
Environmental Studies
Khurram Shehzad, Ayoub Zeraibi, Umer Zaman
Summary: Natural resources play a crucial role in the economy of Algeria, particularly in terms of natural gas. The study reveals that income generated from natural resources significantly improves environmental quality in Algeria. However, economic globalization is positively associated with environmental degradation. Imposing tariffs on the import of environmentally harmful goods and services is of great importance. The study also finds an N-shaped relationship between economic growth and ecological footprints, with a bidirectional causality effect observed between economic growth and environmental degradation.
Article
Environmental Sciences
Muhammad Noshab Hussain, Zaiyang Li, Shaohua Yang
Summary: This study examines the heterogeneous effect of urbanization and nonrenewable energy consumption on the environment in 54 African nations. Panel data from 1996 to 2019 is used for analysis. Various statistical techniques, including panel quantile regression, augmented mean group, panel threshold regression, and the environmental Kuznets curve hypothesis, are employed to explore the relationship between income and carbon emissions. The findings indicate that urbanization and nonrenewable energy consumption have a negative impact on the environment in Africa. Additionally, there is an inverted U-shaped relationship between economic growth and CO2 emissions, confirming the environmental Kuznets curve hypothesis. It is suggested that urbanization should be properly planned in order to avoid environmental degradation, and African countries should adopt green urbanization practices and promote the use of renewable energy and clean manufacturing technologies. Institutions are encouraged to implement standards, regulations, and policies aimed at reducing carbon emissions. African countries should respond actively to these issues by charting a unique and diverse path for urban development.
NATURAL RESOURCES FORUM
(2023)
Article
Business
Wilman-Santiago Ochoa-Moreno, Byron Quito, Daniel E. Enriquez, Jose Alvarez-Garcia
Summary: The rapid growth of the tourism sector has stimulated economic growth globally, but has also led to environmental degradation. This study investigates the relationship between tourism and CO2 emissions in a sample of 20 Latin American countries from 1995 to 2018, and finds that tourism revenues have a positive impact on CO2 emissions globally and in middle-income countries.
BUSINESS STRATEGY AND THE ENVIRONMENT
(2022)
Article
Business, Finance
Adnan Ali, Suresh Ramakrishnan, Faisal Faisal, Zahir Ullah
Summary: This study uses bibliometric analysis to examine the field of microfinance and microfinance institutions. The results show that scholars have limited attention towards natural-resource revenues, financial development, and financial technology in relation to poverty alleviation. The study suggests new avenues for future research in these areas.
INTERNATIONAL JOURNAL OF FINANCE & ECONOMICS
(2023)
Article
Green & Sustainable Science & Technology
Adnan Ali, Suresh Ramakrishnan, Faisal Faisal, Tooba Akram, Sidra Salam, Sami Ur Rahman
Summary: This study conducted a bibliometric analysis of literature on the finance and natural resources revenue nexus, revealing the importance of this relationship in an economy. The study identified China as the leading country in researching this topic.
ENVIRONMENT DEVELOPMENT AND SUSTAINABILITY
(2023)
Article
Multidisciplinary Sciences
E. Alharthi Rami Hashem, Nor Zafir Md Salleh, Mazilah Abdullah, Adnan Ali, Faisal Faisal, Roshazlizawati Mohd Nor
Summary: This study conducts a bibliometric analysis of brand attitude research, examining 1497 documents published from 1944 to 2021. The results show the research trends, developments, and future directions in the field, as well as the contributions of different countries. It also highlights key areas that attract researchers' attention and policymakers' interests.
Article
Economics
Sami Ur Rahman, Faisal Faisal, Adnan Ali, Hamid Ghazi H. Sulimany, Ayman Hassan Bazhair
Summary: This study used data from 2004 to 2018 to examine the impact of financial technology and financial development on the shadow economy in BRICST countries. The study found a negative relationship between financial sector development, the use of financial technology, and the shadow economy. The study also identified bidirectional causal relationships between economic growth and the shadow economy, as well as between financial technology and the shadow economy in India and Russia. Based on the empirical results, policymakers are recommended to implement financial development and technology-related policies to reduce the shadow economy.
QUARTERLY REVIEW OF ECONOMICS AND FINANCE
(2023)
Article
Economics
Shamaila Butt, Faisal Faisal, Muhammad Ali Chohan, Adnan Ali, Suresh Ramakrishnan
Summary: Southeast Asian countries have experienced significant economic growth, but have not effectively protected their environment. The shadow economy is seen as a major factor affecting environmental quality, while institutional quality plays a critical role in environmental pollution. This study examines the impact of the shadow economy and institutions on environmental pollution in ASEAN-9 countries using panel data techniques. The findings suggest that financial development and energy consumption have a significant positive effect on environmental pollution, while institutional quality has an insignificant impact and the shadow economy actually reduces environmental pollution.
JOURNAL OF THE KNOWLEDGE ECONOMY
(2023)
Article
Multidisciplinary Sciences
Sami Ur Rahman, Faisal Faisal, Adnan Ali, Hamid Ghazi H. Sulimany, Ayman Hassan Bazhair
Summary: This research study investigated the impact of financial market development on the shadow economy in Pakistan, with a focus on the moderating effect of country risk. The study utilized various tests and approaches to analyze the data from 1995 to 2018. The findings indicated a negative relationship between financial market development and the size of the shadow economy, while country risk was found to positively moderate this relationship. The study also identified a unidirectional relationship from economic and financial risk towards the shadow economy. Policy implications were recommended based on the empirical findings.
Article
Environmental Studies
Faisal Faryal, Faisal Faisal, Muhammad Yusuf Amin, Zahoor Ul Haq, Sami Ur Rahman, Adnan Ali
Summary: This article investigates the impact of natural resources revenues and the shadow economy on the depth of financial institutions, and examines the moderating role of institutional quality in this nexus. Using data from 1991-2020 and employing various econometric techniques, the study finds a financial resource curse and a negative impact of the shadow economy on financial institutions' depth. It highlights the moderating role of institutional quality in mitigating the adverse effects of the shadow economy and suggests policy recommendations for managing resources rent and promoting financial institutions' depth in Pakistan.
Article
Environmental Sciences
Faisal Faisal, Sami Ur Rahman, Adnan Ali, Hamid Ghazi H. Sulimany, Ayman Hassan Bazhair, Ruqiya Pervaiz
Summary: This research study focuses on the influence of natural resources, tourism, and renewable energy in MINT countries on the ecological footprint. The findings show that tourism, natural resources, and economic growth have a positive association with the ecological footprint in the long-run, while renewable energy consumption has a negative impact in both the short-run and the long-run. The study also reveals a bidirectional causality between economic growth and ecological footprint in MINT countries. Based on the empirical results, the study recommends that the authorities in MINT countries reconsider their policies to enhance environmental quality and reduce the ecological footprint.
ENVIRONMENTAL SCIENCE AND POLLUTION RESEARCH
(2023)
