4.7 Article

What new technology means for the energy demand in China? A sustainable development perspective

Journal

ENVIRONMENTAL SCIENCE AND POLLUTION RESEARCH
Volume 25, Issue 29, Pages 29766-29771

Publisher

SPRINGER HEIDELBERG
DOI: 10.1007/s11356-018-2957-3

Keywords

New technology; Energy demand; China

Ask authors/readers for more resources

This paper explores the direct impact of new technology on the energy intensity in China. The autoregressive distributed lag (ARDL) bounds test approach to cointegration is utilised over the extended period of 1985-2013. The variables found cointegrated and confirm the long-run association among all the underlying vectors. Furthermore, the results of long- and short-run analysis reveal that new technology spurs energy intensity in China. A 1% increase in technological innovation boosts energy intensity by 0.4% and 0.03% in the long and short run, respectively. The findings suggest that the establishment of smart grids and solar energy parks followed by the reforms in energy sector is yet to achieve plausible efficiency in China. The existing investment and innovation policy reforms are insufficient to assist the energy sector to cope up with the country's exceptional economic growth trend. Unlike other studies, this paper accommodates structural break in the series. During sensitivity analysis, the model is found stable. Hence, the findings possess important policy implications for China and open up new discussion in the field.

Authors

I am an author on this paper
Click your name to claim this paper and add it to your profile.

Reviews

Primary Rating

4.7
Not enough ratings

Secondary Ratings

Novelty
-
Significance
-
Scientific rigor
-
Rate this paper

Recommended

Article Business, Finance

Banking performance and institutional quality: Evidence from dynamic panel data analysis

Ameet Kumar, Khalid Ahmed, Mujeeb-u-Rehman Bhayo, Muhammad Ramzan Kalhoro

Summary: This study investigates the impact of corruption and political stability on banking performance in emerging countries and finds that corruption and political instability have a negative effect on asset quality, earnings, and management efficiency, while having a positive effect on banks' liquidity. The study also highlights that corruption has a greater harmful effect and intensifies the impact of lower political stability on banking performance.

INTERNATIONAL JOURNAL OF FINANCE & ECONOMICS (2023)

Article Environmental Sciences

Addressing the effect of meteorological factors and agricultural subsidy on agricultural productivity in India: a roadmap toward environmental sustainability

Imran Ali Baig, Muhammad Irfan, Md Abdus Salam, Cem Isik

Summary: This study investigates the key determinants of food grain yield in India, focusing on the impacts of climate change and agricultural subsidy. The results indicate that rainfall has a positive impact on grain yield, while temperature and carbon emissions have a negative effect. Non-climatic factors such as capital formation and fertilizer usage also contribute positively to grain yield, while crop area, agricultural subsidy, and employment have negative effects. The findings suggest the importance of technological innovation and precision agriculture in increasing agriculture production and productivity, as well as the need for policies addressing climate change and promoting eco-friendly renewable energy.

ENVIRONMENTAL SCIENCE AND POLLUTION RESEARCH (2023)

Article Environmental Sciences

Globalization and renewable energy use: how are they contributing to upsurge the CO2 emissions? A global perspective

Abdul Rehman, Mohammad Mahtab Alam, Ilhan Ozturk, Rafael Alvarado, Muntasir Murshed, Cem Isik, Hengyun Ma

Summary: This study analyzes the impact of globalization, economic growth, population growth, renewable energy usage, and nuclear energy on CO2 emissions. The results indicate that globalization and economic growth have different effects on CO2 emissions in both the short and long term. Population growth has a positive impact on CO2 emissions, while renewable energy consumption does not affect CO2 emissions. Furthermore, positive and negative shocks to nuclear energy consumption are found to negatively influence CO2 emissions. Based on these findings, new policies and strategies are recommended for global carbon emissions reduction.

ENVIRONMENTAL SCIENCE AND POLLUTION RESEARCH (2023)

Article Green & Sustainable Science & Technology

Photovoltaic systems and sustainable communities: New social models for ecological transition. The impact of incentive policies in profitability analyses

Idiano D'Adamo, Marco Mammetti, Dario Ottaviani, Ilhan Ozturk

Summary: This study conducts an economic analysis of a photovoltaic plant in Italy based on Net Present Value (NPV) and alternative scenarios. The results show that the profitability of the PV plant varies significantly under different policy and market contexts, with low levels of risk. Additionally, the study proposes three scenarios for dividing benefits among renewable self-consumers in a sustainable community.

RENEWABLE ENERGY (2023)

Article Green & Sustainable Science & Technology

Asymmetric influence of digital finance, and renewable energy technology innovation on green growth in China

Asif Razzaq, Arshian Sharif, Ilhan Ozturk, Marinko Skare

Summary: This study examines the influence of digital finance and renewable energy technology innovation on green growth using regional data from China. The results show that digital finance stimulates green growth at middle to higher quantiles in central and eastern regions, while western regions have an insignificant impact. Similarly, RETI contributes to green growth primarily in eastern regions, with insignificant impact in western and central regions. Therefore, digital finance and RETI are imperative for regional green growth, but their marginal contribution needs to be improved in western and eastern regions.

RENEWABLE ENERGY (2023)

Article Thermodynamics

Rethinking energy poverty reduction through improving electricity accessibility: A regional analysis on selected African nations

Muntasir Murshed, Ilhan Ozturk

Summary: This study primarily assesses how energy efficiency gains influence electricity accessibility in Africa, controlling for the effects of renewable energy use, financial development, oil price shocks, and population growth. The major findings reveal that energy efficiency improvement, renewable energy transition, and financial development help in reducing energy poverty by declining the electricity inaccessibility rates of African nations. Positive oil price shocks and greater population growth rates are evidenced to aggravate the incidence of energy poverty by enhancing electricity inaccessibility rates in the long run.

ENERGY (2023)

Article Geosciences, Multidisciplinary

Environmental impact of economic activities: Decoupling perspective of Singapore using log mean Divisia index decomposition technique

Ilhan Ozturk, Sher Khan, Muhammad Tariq Majeed

Summary: The chase for economic growth has led to global environmental degradation, posing a threat to the socioeconomic aspects of human lives. Singapore, as a global economic player, has transformed its rural setup into an urban structure to achieve higher economic growth, but this has adversely affected its environmental quality. This study analyzes the relationship between Singapore's economic activities and environmental quality, and reveals that population and economic growth are the main contributors to carbon emissions, while carbon intensity helps reduce the environmental impact. Energy intensity and structure have mixed effects on carbon emissions. The analysis also shows that Singapore has experienced strong decoupling in most study years. Expensive negative decoupling, weak decoupling, and strong negative decoupling were also observed during the study period. An expanded decomposition analysis reveals that population and economic growth deteriorate environmental quality in Singapore, while carbon intensity plays a critical role in strengthening the decoupling progress, and energy intensity and structure have a mixed effect on the decoupling process.

GEOLOGICAL JOURNAL (2023)

Article Green & Sustainable Science & Technology

Environmental Regulations and Chinese Energy Sustainability: Mediating Role of Green Technology Innovations in Chinese Provinces

Lijuan Su, Yating Zheng, Fayyaz Ahmad, Ilhan Ozturk, Yatao Wang, Tian Tian, Abdul Rehman

Summary: The stable growth of an economy requires the coordination between environmental protection and economic development. This study applies the SBM model and Tobit model to investigate the influence of environmental regulations on energy efficiency in 30 provincial-level administrative regions in China, considering temporal and regional differences. The results show that environmental regulations are strengthening in all provinces and energy efficiency is relatively higher in eastern China. Environmental regulations have a positive effect on energy efficiency, and the impact mechanisms vary across regions. Policy suggestions include further enhancing the intensity of environmental regulations, refining supporting safeguards, and implementing differentiated measures.

SUSTAINABILITY (2023)

Article Green & Sustainable Science & Technology

Do technology and renewable energy contribute to energy efficiency and carbon neutrality? Evidence from top ten manufacturing countries

Atif Jahanger, Ilhan Ozturk, Joshua Chukwuma Onwe, Tonuchi E. Joseph, Mohammad Razib Hossain

Summary: This paper addresses the implications of achieving carbon neutrality by 2050 or 2060 and examines the role of technology and renewable energy in energy efficiency. The study finds that energy efficiency and renewable energy play a significant role in reducing greenhouse gas emissions, while the manufacturing sector contributes positively to these emissions. Additionally, technology has a positive and effective impact on reducing greenhouse gas emissions. These findings provide important insights for policymakers in formulating carbon neutrality policies.

SUSTAINABLE ENERGY TECHNOLOGIES AND ASSESSMENTS (2023)

Article Humanities, Multidisciplinary

Toward a new understanding of environmental and financial performance through corporate social responsibility, green innovation, and sustainable development

Muddassar Sarfraz, Ilhan Ozturk, Sunghoon Yoo, Muhammad Ali Raza, Heesup Han

Summary: The study aims to advance environmental management research by examining the relationship between CSR, environmental and financial performance, considering the mediating effect of sustainable development and green innovation. It investigates the moderating effect of green innovation actions and strategies. The results show that CSR positively influences environmental and financial performance, with sustainable development and green innovation mediating the relationship, while green innovation strategies and actions moderate the relationship between environmental and financial aspects. The study contributes to a deeper understanding of CSR and promotes the use of green innovation and sustainable development to enhance firms' environmental and financial performance.

HUMANITIES & SOCIAL SCIENCES COMMUNICATIONS (2023)

Article Geosciences, Multidisciplinary

Green versus conventional growth in the EKC framework of top pollutant footprint countries: Evidence based on advanced panel data techniques

Ahmed Usman, Ilhan Ozturk, Syed Muhammad Muddassir Abbas Naqvi, Syeda Maria Zafar, Muhammad Imran Javed

Summary: Green growth has emerged as the most viable solution to combat environmental deterioration and excessive use of natural resources. This study investigates the relationship between green economic growth and ecological footprint, finding that green growth helps reduce the environmental burden.

GEOLOGICAL JOURNAL (2023)

Article Green & Sustainable Science & Technology

Unraveling the Interrelationship of Digitalization, Renewable Energy, and Ecological Footprints within the EKC Framework: Empirical Insights from the United States

Najia Saqib, Ivan A. Duran, Ilhan Ozturk

Summary: This study analyzes the impact of digital financial inclusion (FinTech) and renewable and non-renewable energy usage on the ecological footprint of the United States. Using the quantile autoregressive lag (QARDL) method, data from 2005 Q1 to 2020 Q4 were analyzed. The study finds a returning relationship between these variables and the US ecological footprint, indicating a long-term equilibrium. Economic growth and consumption of non-renewable energy have a positive impact on the ecological footprint in both the long and short-run periods. The study also confirms the presence of an environmental Kuznets curve (EKC) in the US, suggesting that further progress promotes environmental improvement.

SUSTAINABILITY (2023)

Article Geosciences, Multidisciplinary

Investigating the implications of technological innovations, financial inclusion, and renewable energy in diminishing ecological footprints levels in emerging economies

Najia Saqib, Ilhan Ozturk, Muhammad Usman

Summary: The correlation between technological innovation, economic growth, renewable energy, and ecological footprint has significant policy implications for environmental sustainability. Financial inclusion plays a crucial role in the technology-climate nexus and has a moderating impact on ecological footprint across countries. This study explores how technological innovation, financial inclusion, economic growth, and renewable energy affect the ecological footprint of emerging economies, and highlights the moderating role of financial inclusion.

GEOSCIENCE FRONTIERS (2023)

Article Environmental Sciences

Carbon footprints across transport infrastructure development and industrial output in Pakistan

Khalid Ahmed

Summary: The development of transport infrastructure in Pakistan has attracted significant investments and increased industrial output. However, the transport sector has become a major source of carbon emissions. This study examines the impact of transport infrastructure development in Pakistan on industrial value addition and carbon footprints, finding that all modes of transportation contribute to carbon emissions, but only ports and highways positively contribute to industrial output. Population growth, capital, labor, and urbanization are positively correlated with industrial output and carbon emissions, while trade openness helps offset emission intensity to some extent. The study highlights the importance of investing in greener technologies to address sustainable development goals.

ENVIRONMENTAL SCIENCE AND POLLUTION RESEARCH (2023)

Article Economics

Harnessing the synergistic impacts of environmental innovations, financial development, green growth, and ecological footprint through the lens of SDGs policies for countries exhibiting high ecological footprints

Najia Saqib, Muhammad Usman, Ilhan Ozturk, Arshian Sharif

Summary: This study examines the impact of environmental technologies, financial growth, and energy use on ecological footprint and green growth. Environmental innovation and renewable energy deployment contribute to green growth, while financial expansion and non-renewable energy use have negative effects on the environment. The study also identifies causal relationships between different factors.

ENERGY POLICY (2024)

No Data Available