Determinants of green growth in developed and developing countries

Tawiah, Vincent; Zakari, Abdulrasheed; Adedoyin, Festus Fatai

doi:10.1007/s11356-021-13429-0

Cited by 139 publications

(62 citation statements)

References 64 publications

(79 reference statements)

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“…In another study, Estevao ( 2020 ) proposed climate-friendly fiscal policies (e.g., green investment and environmental taxes) as a potential tool to promote economic growth during the crisis of COVID-19. Tawiah et al ( 2021 ) investigated various aspects of green growth, and concluded that developing countries should pay more attention to FDI and trade to manage the progress of green growth.…”

Section: Literature Reviewmentioning

confidence: 99%

How are FDI and green recovery related in Southeast Asian economies?

Quang

Rasoulinezhad

Thu

2022

Econ Change Restruct

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This study is to examine how FDI and green economic growth are related in Southeast Asian economies. It also attempts to find out the role of fiscal policy development in the relationship between FDI and green growth in the economies of the region. For this purpose, a dynamic panel threshold model is used for the data over the period 2000–2018. The main results show that FDI has a positive impact on the progress of green growth in these economies, with a stronger impact in the group of Southeast Asian economies with high fiscal development. This result confirms the pollution halo hypothesis, which states that FDI can promote green growth in a country. Aligning economic priorities to improve green fiscal policies, reforming fiscal integration programs, planning for green job creation, and implementing policies to attract FDI are recommended as important policy implications over the COVID-19 period.

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Section: Literature Reviewmentioning

confidence: 99%

How are FDI and green recovery related in Southeast Asian economies?

Quang

Rasoulinezhad

Thu

2022

Econ Change Restruct

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“…GHG emissions, i.e., emissions were positively impacted by the gross domestic product growth that matches, i.e., GDP. When it comes to per capita emissions of greenhouse gases and energy security, countries that use more energy face similar issues as other countries that use more energy ( Hao L. N. et al, 2021 ; Tawiah et al, 2021 ). Fossil fuel subsidies have been linked to higher GHG emissions and decreased energy security in both developed and less developed countries, according to numerous studies.…”

Section: Resultsmentioning

confidence: 99%

How Do Green Finance and Energy Efficiency Mitigate Carbon Emissions Without Reducing Economic Growth in G7 Countries?

2022

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Climate change is one of the most serious threats facing the world today. Environmental pollution and depletion of natural resources have been highlighted by the United Nations Sustainable Development Goals (SDGs), paving the way for modern concepts such as sustainable growth to be introduced. Therefore, this research explores the relationship between green finance, energy efficiency, and CO2 emissions in the G7 countries. The study uses panel data model technique to examine the dependence structure of green finance, energy efficiency, and CO2 emissions. Moreover, we use DEA to construct an energy efficiency index of G7 countries. A specific interval exists between the values of the energy efficiency indexes. Japan, the United Kingdom, and the United States were named the most energy-efficient countries in the world, based on results obtained for five consecutive years in this category. However, according to the comparative rankings, France and Italy are the most successful of all the G7 members, followed by the United Kingdom and Germany. Our overall findings of the econometric model confirm the negative impact of green finance and energy efficiency on CO2 emissions; however, this relationship varies across the different quantiles of the two variables. The findings in the study confirm that green finance is the best financial strategy for reducing CO2 emissions.

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“…Most studies are analyses of statistical inferences of countries or a country studied in isolation. There are many studies covering various economies [28][29][30][31][32][33][34], for example [35][36][37][38]. Ref.…”

Section: Discussionmentioning

confidence: 99%

“…Ref. [35] conducted a study covering 123 countries, 146 countries for Ref. [36], 53 countries for Ref.…”

Section: Discussionmentioning

confidence: 99%

Renewable Energy, Economic Growth and Economic Development Nexus: A Bibliometric Analysis

Oliveira

Moutinho

2021

Energies

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The present research aims to conduct a systemic review on Renewable Energy, Economic Growth and Economic Development and look for links between the papers published between 2008 and May 2021. Using the Preferred Reporting Items for Systematic Reviews and Meta-Analyses (PRISMA) methodology, it was possible to reach a sample of 111 articles selected by Web of Science and a sample of 199 academic articles selected by Scopus in that specific period. The analysis of the group of Renewable and Non-renewable Energy Consumption, Economic Growth and Economic Development shows that most of the articles published in this subsample use the quantitative methodology in economic sciences. The results indicate that research on the subject has a growing trend and that most of the articles are post-2015 publications. In addition, China has been the leading nation in published works. The journal Renewable and Sustainable Energy Reviews is considered the most relevant in this category, and Sustainability has the most publications. Finally, a research gap was identified to be explored, lacking studies aimed at understanding the consumption of renewable energies and economic development and studies that focus on renewable energies and economic growth in less developed economies.

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Determinants of green growth in developed and developing countries

Cited by 139 publications

References 64 publications

How are FDI and green recovery related in Southeast Asian economies?

How are FDI and green recovery related in Southeast Asian economies?

How Do Green Finance and Energy Efficiency Mitigate Carbon Emissions Without Reducing Economic Growth in G7 Countries?

Renewable Energy, Economic Growth and Economic Development Nexus: A Bibliometric Analysis

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