An assessment of the impact of natural resources, energy, institutional quality, and financial development on CO2 emissions: Evidence from the B&amp;R nations

Jiang, Qingquan; Rahman, Zia Ur; Zhang, Xiaosan; Zhi-qin, Guo; Xie, Qiaosheng

doi:10.1016/j.resourpol.2022.102716

Cited by 112 publications

(37 citation statements)

References 47 publications

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“…Institutions play a critical influence in a country's growth and reduction of pollution emissions (Obobisa et al, 2022b). Theoretical perspectives and empirical evidence of the relationship between institutions and pollution are mainly inconclusive and are still being researched in the literature (Jiang et al, 2022). Recently (Egbetokun et al, 2020) have proposed that a country's environmental quality is defined by its governmental institutions, despite the economic level, because pollution increases in countries with less functional environmental legislation.…”

Section: Institutions and Environmental Qualitymentioning

confidence: 99%

The role of innovation in environmental-related technologies and institutional quality to drive environmental sustainability

Shabir

Hussaın

Işık

et al. 2023

Front. Environ. Sci.

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In this study, we examine the long-run effect of environmental-related technological innovation, institutional quality, trade openness, energy consumption, and economic growth on CO2 emissions in APEC countries from 2004 to 2018. Firstly, panel unit root tests were used to explore the stationarity of each data series. The panel unit root test findings showed that all data series are stationary at the first difference. Second, the Westerlund panel cointegration test was used to deal with heterogeneity and cross-sectional dependence. Thirdly, the empirical findings from the augmented mean group (AMG) and common correlated effects mean group (CCEMG) estimators indicate that environmental-related technological innovation and institutional quality destructively affect CO2 emissions. In contrast, trade openness, energy consumption, and economic growth positively impact CO2 emissions. While causality analysis refers to the unidirectional causality runs from trade openness, energy consumption to CO2 emission and bidirectional causality relationships are between technological innovation, institutional quality, GDP, CO2 emission. Based on the findings, we proposed that APEC countries should raise investment in environmental-related technological innovation and improve the quality of the institutional environment to achieve sustainable development targets.

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Section: Institutions and Environmental Qualitymentioning

confidence: 99%

The role of innovation in environmental-related technologies and institutional quality to drive environmental sustainability

Shabir

Hussaın

Işık

et al. 2023

Front. Environ. Sci.

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“…Frontiers in Environmental Science frontiersin.org impact of environmental degradation on agriculture, industries, and trade (Xu D. et al, 2022;Gaies et al, 2022;Jiang et al, 2022).…”

Section: Figurementioning

confidence: 99%

The impact of agricultural intensification on carbon dioxide emissions and energy consumption: A comparative study of developing and developed nations

Khan

Zhuang

Najumddin

et al. 2022

Front. Environ. Sci.

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Energy consumption has become a necessity in today’s world, and economies in developing nations cannot thrive without it. Countries with less developed economies face the same challenges of achieving sustained economic growth as those with more advanced economies. Herein, we examine the environmental Kuznets curve (EKC) hypothesis by looking at the interplay between GDP growth, energy use, agricultural output, and the effects of carbon dioxide (CO2) emissions. From 1991 to 2016, we used panel and quantile regression analyses to compare emissions in nine developing countries with those in 13 developed countries. There is the beginning of a reverse U-shaped relationship between agricultural energy use and greenhouse gas emissions. As a result, the verified EKC hypothesis paves the way for a watershed moment in the progress of industrialized nations’ economies. The estimated results of agriculture have a favorable impact on CO2 emissions by 15.16 percent but a negative influence of 2.92 percent on CO2 emissions from using liquid fuels, leading to more severe environmental deterioration. Additionally, in developing countries, feed cropping, deforestation, biomass burning, and deep soil and cropping all have detrimental consequences on the ecosystem. There is a negative correlation between CO2 emissions and economic growth in developing countries and their energy consumption. Although the EKC hypothesis for CO2 emissions was rejected at lower quantiles, it was validated for Qatar, Canada, China, and other high-emitting economies according to the empirical estimation of quantile regression. The findings of this study have important policy implications for reducing carbon dioxide emissions, suggesting that policymakers account for the stage of economic growth currently being experienced when formulating measures to cut energy use and protect the environment. Possible solutions to mitigate environmental degradation include enactment of policies to reduce energy consumption.

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“…Using a dynamic panel threshold model, C. examined the non-linear effects of renewable energy consumption, non-renewable energy consumption, and economic growth on per capita CO2 emissions. Based on data from 57 Belt and Road countries from 1995 to 2018, Jiang et al (2022) empirically assessed, citing the STIRPAT framework, the effects of natural resources, institutional quality, energy consumption, financial development, and economic growth on per capita CO2 emissions. Besides, there are also researches that define CEE in terms of the ratio of CO2 emissions to GDP.…”

Section: Measurement Of Ceementioning

confidence: 99%

Exploring the impact of renewable energy investment and energy resource endowment on carbon emission efficiency: A spatial econometric analysis based on 60 BRI countries

Yuan

Wang

et al. 2022

Preprint

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With climate change caused by massive greenhouse gas emissions emerging as an issue of global concern, it is urgent to improve carbon emission efficiency (CEE) for countries along the Belt and Road (BRI). The super-efficiency slacks-based measure (SBM) model is adopted to evaluate the CEE of 60 BRI countries from 2010 to 2019, while the Global Malmquist-Luenberger (GML) index, Theil index, and coefficient of variation (CV) are coupled to quantify the spatial and temporal variation and dynamic evolution of CEE. Subsequently, the spatial Durbin model (SDM) provides an empirical investigation regarding the impact of renewable energy investment and energy resource endowment on CEE given the spatial spillover effect. It is found that (1) From a static perspective, the CEE of BRI countries is generally poor and unevenly distributed in terms of temporal and spatial dimensions. The regional variation of CEE in Southeast Asia is narrowing, while it is widening in other regions. (2) Referring to the dynamic level, the GML index is featured U-shaped fluctuations, and both technical efficiency and technological progress contribute to the improvement of CEE in BRI countries. (3) The CEE of BRI countries exhibits significant spatial dependence, with high-high aggregation as well as low-low aggregation. (4) There is a significant positive influence of renewable energy investment on CEE in the country and neighboring countries, while energy resource endowment presents a remarkable adverse correlation. Consequently, it is suggested that the inter-regional cooperation among BRI countries should be strengthened to reinforce renewable energy investment, exert the technology and knowledge spillover effect sufficiently, and break the resource curse in the environmental field.

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An assessment of the impact of natural resources, energy, institutional quality, and financial development on CO2 emissions: Evidence from the B&R nations

Cited by 112 publications

References 47 publications

The role of innovation in environmental-related technologies and institutional quality to drive environmental sustainability

The role of innovation in environmental-related technologies and institutional quality to drive environmental sustainability

The impact of agricultural intensification on carbon dioxide emissions and energy consumption: A comparative study of developing and developed nations

Exploring the impact of renewable energy investment and energy resource endowment on carbon emission efficiency: A spatial econometric analysis based on 60 BRI countries

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