Article
Green & Sustainable Science & Technology
Guochang Fang, Kun Yang, Gang Chen, Lixin Tian
Summary: This paper constructs the ecological footprint accounts for 30 provinces in China and compares the effects of pollution fees and environmental protection tax on ecological footprints. It finds that the environmental protection tax has a stronger inhibition on ecological footprints, especially for fishing grounds and fossil energy land. The conclusions have reference significance for the government to adjust the appropriate environmental protection tax rate.
JOURNAL OF CLEANER PRODUCTION
(2023)
Article
Environmental Sciences
Olufemi Adewale Aluko, Eric Evans Osei Opoku, Muazu Ibrahim
Summary: This study investigates the impact of globalization on environmental degradation for 27 selected industrialized countries over the period 1991-2016, finding that overall and economic globalization can reduce environmental degradation, while social and political globalization do not have a significant effect. Additionally, de facto economic globalization has a positive impact on mitigating environmental degradation, while de jure overall, economic, and social globalization can also dampen environmental degradation.
JOURNAL OF ENVIRONMENTAL MANAGEMENT
(2021)
Article
Environmental Sciences
XuGuang Wang
Summary: The study evaluates the effects of financial development, human capital, globalization, and renewable energy consumption on ecological and carbon footprint, finding human capital and financial development to have positive effects, while renewable energy consumption and globalization have negative effects. This research provides insights for researchers and policymakers on the importance of energy, educational, economic, and trade policies in determining environmental degradation.
ENVIRONMENTAL RESEARCH
(2021)
Article
Business
Umer Shahzad, Diogo Ferraz, Huu-Huan Nguyen, Lianbiao Cui
Summary: The study reveals positive spillover effects from financial globalization and economic complexity on China's ecological footprints, while the high technology industry has a less significant impact on reducing environmental footprints.
TECHNOLOGICAL FORECASTING AND SOCIAL CHANGE
(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
Canh Phuc Nguyen, Nadia Doytch
Summary: This study explores the impact of economic complexity on ecological footprints and finds an inverted U-shaped relationship between economic complexity and ecological footprints, which is confirmed in low- and lower-middle-income economies but not in upper-middle-income economies. Additionally, the Consumption Ecological Footprint in high-income economies also exhibits an inverted U shape.
ENVIRONMENTAL SCIENCE AND POLLUTION RESEARCH
(2022)
Review
Multidisciplinary Sciences
Camila Valdejane Silva de Souza, Larissa Mont, Maria Hatjiathanassiadou, Diogo Vale, Gidyenne Christine Bandeira Silva de Medeiros, Dirce Maria Lobo Marchioni, Severina Carla Vieira Cunha Lima, Clelia de Oliveira Lyra
Summary: This study aims to describe a systematic review protocol to investigate the environmental footprints of food consumption by adults and elderly individuals. The systematic review produced from this protocol will provide evidence for understanding the environmental impact of adult and elderly population's food consumption from different territories and the assessment tools used worldwide.
Article
Green & Sustainable Science & Technology
Zahoor Ahmed, Solomon Prince Nathaniel, Muhammad Shahbaz
Summary: The study found that ICT and globalization contribute to reducing CO2 emissions, while economic growth and urbanization degrade the environment. Human capital has a negative impact on the environment. ICT and globalization are proven to be Granger causes of CO2 emissions.
JOURNAL OF CLEANER PRODUCTION
(2021)
Article
Thermodynamics
Muhammad Zahid Rafique, Zeeshan Fareed, Diogo Ferraz, Majid Ikram, Shaoan Huang
Summary: This article examines the impact of environmental taxes and economic growth on the ecological footprint in OECD countries, finding that various factors significantly influence the ecological footprint, with differences in renewable energy use and industrialization progress leading to dynamic variations in the long and short term across OECD countries.
Article
Environmental Studies
Zahoor Ahmed, Michael Cary, Hoang Phong Le
Summary: The study highlights the positive and negative effects of globalization on the environment, utilizing non-linear methods to investigate the relationship and finding non-linear cointegration among variables. The research also reveals that negative changes in total and economic globalization have more dominant effects on ecological footprint, while positive changes in social globalization contribute to improving the environment.
ENVIRONMENTAL IMPACT ASSESSMENT REVIEW
(2021)
Article
Environmental Studies
Xinlu Zhao, Tomiwa Sunday Adebayo, Xianli Kong, Mamdouh Abdulaziz Saleh Al-Faryan
Summary: The G7 nations have not yet had a significant impact on the achievement of Sustainable Development Goals 8, 7, and 13, potentially due to issues with fossil fuel utilization and implementation of renewable energy. This study analyzes data from 1990 to 2018 and finds that energy innovation and globalization have a negative effect on ecological footprint, while nonrenewable energy and GDP have a positive influence. A policy framework focused on SDGs is proposed to address these issues.
Article
Development Studies
Olufemi Adewale Aluko, Muazu Ibrahim, Xuan Vinh Vo
Summary: The study found that economic development and globalization thresholds have an impact on the role of FDI in environmental degradation, with FDI inflows mitigating environmental degradation below the thresholds and significantly degrading the environment above the thresholds. Uncontrolled economic development and globalization do not allow FDI to reduce environmental degradation.
SUSTAINABLE DEVELOPMENT
(2022)
Article
Environmental Sciences
Rajesh Sharma, Avik Sinha, Pradeep Kautish
Summary: The study reveals that the development of the financial sector has a long-term stimulating effect on the ecological footprint, carbon footprint, and land footprint in South and Southeast Asian developing nations. It also moderates the relationship between energy and environmental footprints and acts as a significant mediator between environmental proxies and trade expansion.
ENVIRONMENTAL SCIENCE AND POLLUTION RESEARCH
(2021)
Article
Development Studies
Obadiah Ibrahim Damak, Hasan Gungor
Summary: This research examines the impact of globalization, economic growth, and energy consumption on Japan's ecological imprint, using annual time series data from 1990 to 2021. The study employs Granger causality tests, autoregressive distributed lag (ARDL), and dynamic ordinary least squares (DOLS). Empirical findings indicate that globalization and non-renewable energy consumption have a positive effect on Japan's ecological imprint, while long-term renewable energy usage and gross domestic product (GDP) have an inverse influence. Short-term results reveal a direct correlation between GDP and ecological imprint, but a negative correlation between globalization, renewable energy usage, non-renewable energy usage, and ecological imprint. DOLS coefficients are insignificant, although they are negligible at the 5% level, and the DOLS outcomes are consistent with the long-term ARDL. According to the Granger causality analysis, both renewable and non-renewable energy usage have an ecological impact, with non-renewable energy consumption granger causing the use of renewable energy. The results also demonstrate a causal relationship between globalization and the adoption of renewable energy.
SUSTAINABLE DEVELOPMENT
(2023)
Article
Green & Sustainable Science & Technology
Zhe Wang, Huangxin Chen, Yin -Pei Teng
Summary: Environmental recovery is a crucial challenge for developed and developing economies worldwide. This study examines the impact of various financial, economic, technological, and greener energy factors on environmental quality in developed and emerging economies. The findings reveal that financial globalization and renewable energy have a negative influence on ecological footprints, while economic growth is detrimental to environmental sustainability. Medium and high technologies and urbanization significantly affect ecological footprints in both regions.
Review
Green & Sustainable Science & Technology
Muhammed Sehid Gorus, Murat Aslan
RENEWABLE & SUSTAINABLE ENERGY REVIEWS
(2019)
Article
Environmental Sciences
Veli Yilanci, Muhammed Sehid Gorus
ENVIRONMENTAL SCIENCE AND POLLUTION RESEARCH
(2020)
Article
Green & Sustainable Science & Technology
Sakiru Adebola Solarin, Veli Yilanci, Muhammed Sehid Gorus
Summary: This study focuses on the significance of G7 countries in global nitrogen oxide emissions and explores the convergence pattern of nitrogen oxide emissions, revealing global convergence in the agriculture, energy production, and transport sectors. It is recommended that policymakers prioritize emission allocation policies.
JOURNAL OF CLEANER PRODUCTION
(2021)
Article
Environmental Studies
Muhammed Sehid Gorus, Erdal Tanas Karagol
Summary: This study utilizes machine learning techniques to analyze data from OECD countries and finds that oil product consumption, electricity consumption, and gross domestic product are the most significant variables for per capita ecological footprint. The results suggest that economic growth and fossil fuel consumption have a negative impact on the environment, emphasizing the importance of designing proper energy and environmental policies for both developed and developing countries.
ENERGY & ENVIRONMENT
(2023)
Article
Environmental Studies
Sakiru Adebola Solarin, Veli Yilanci, Muhammed Sehid Gorus
Summary: Addressing the challenges of pollutants is crucial for achieving SDG target 12 and sustainable production and consumption patterns. This study investigates the convergence of per capita NOx emissions in 20 OECD countries and finds evidence of divergence in emissions generated through diesel, light-oil, and natural gas consumption. However, there is convergence in aggregate NOx emissions and emissions from biomass, hard-coal, heavy-oil consumption, and the process. The findings have important policy implications for environmental management.
ENERGY & ENVIRONMENT
(2022)
Article
Business, Finance
Sakiru Adebola Solarin, Muhammed Sehid Gorus, Veli Yilanci
Summary: This study investigates the impact of the COVID-19 pandemic on clean energy stocks in the United States. The empirical findings suggest that the response of clean energy stocks to feverish sentiment, lockdown stringency, oil volatility, dirty assets, and monetary policy diminishes within a short period of time. The study also identifies unidirectional causality from feverish sentiment and lockdown stringency to clean energy stock returns, and from monetary policy to clean energy stocks. The bidirectional causality between the lockdown stringency index and the feverish sentiment index is also observed. These findings provide insights for practitioners and policy-makers.
INTERNATIONAL JOURNAL OF MANAGERIAL FINANCE
(2022)
Article
Economics
Muhammed Sehid Gorus, Veli Yilanci, Maxwell Kongkuah
Summary: This study investigates the causal linkage between foreign direct investment (FDI) inflows and economic globalization for 7 Association of Southeast Asian Nations (ASEAN) countries. The study finds that there is a mutual impact between FDI inflows and economic globalization in the long run. The empirical findings have important implications for policymakers.
ASIA-PACIFIC FINANCIAL MARKETS
(2023)
Article
Thermodynamics
Muhammed Sehid Gorus, Erdal Tanas Karagol
Summary: Energy plays a significant role in the economic growth process, and this study examines the factors influencing energy intensity, energy efficiency, and activity indexes for 27 OECD countries. The results show that income has a negative impact on both energy intensity and energy efficiency, while its effect on the activity index varies across countries. Additionally, the impact of energy prices on these indexes is mixed.
Article
Green & Sustainable Science & Technology
Veli Yilanci, Muhammed Sehid Gorus, Valeria Andreoni
Summary: The Environmental Kuznets Curve (EKC) hypothesis has been re-investigated for the United Kingdom in this study. Contrary to previous literature, innovative methods were used to address the issue of unreliable results. The findings show that the EKC hypothesis is valid for the UK and energy consumption significantly pollutes the environment, but the magnitude of its impact can be influenced by various shocks. The empirical results suggest that environmental quality in the United Kingdom has been improving for several decades.
JOURNAL OF CLEANER PRODUCTION
(2023)
Article
Environmental Sciences
Muhammed Sehid Gorus
Summary: Developed countries have implemented environmental taxes, energy taxes, and emission limits to mitigate the negative effects of economic activities. The Environmental Policy Stringency Index (EPS index) is used as a measurement technique to evaluate the stringency of environmental policies. This study explores the impact of the EPS index on economic activities in 20 European countries from 1995 to 2020. The findings indicate that an increase in the EPS index leads to a decline in economic growth at the aggregate level and negatively affects the industry sector.
NATURAL RESOURCES FORUM
(2023)
Article
Environmental Studies
Veli Yilanci, Muhammed Sehid Gorus, Sakiru Adebola Solarin
Summary: This paper investigates the convergence of per capita carbon and ecological footprints in G7 countries using a new panel unit root test. The empirical results suggest that there are nonlinear behaviors in these series from 1961 to 2016, and the absolute convergence hypothesis holds in G7 countries.
ENERGY & ENVIRONMENT
(2022)
Article
Business, Finance
Veli Yilanci, Onder Ozgur, Muhammed Sehid Gorus
Summary: This study examined the relationship between stock prices and economic activity in 12 OECD member countries. It found that stock prices can predict future long-term economic activity, while economic activity provides more reliable information for negative components of stock prices. The findings for asymmetric shocks were not fully consistent with those for symmetric shocks, and there were different causal linkages across countries and frequencies.
FINANCIAL INNOVATION
(2021)
Article
Environmental Studies
Veli Yilanci, Muhammed Sehid Gorus
Summary: The study tests the stochastic convergence of per capita clean energy use in 30 OECD countries from 1965 to 2017. It employs linear and nonlinear panel unit root tests, allowing for fractional values in Fourier functions. While linear tests show no convergence for most countries, nonlinear tests suggest that most countries do exhibit stochastic convergence in clean energy consumption, with permanent structural breaks in approximately half of OECD countries.
MANAGEMENT OF ENVIRONMENTAL QUALITY
(2021)
Article
Economics
Seref Bozoklu, Veli Yilanci, Muhammed Sehid Gorus