Do natural resource dependence, economic growth and transport energy consumption accelerate ecological footprint in the most innovative countries? The moderating role of technological innovation

Šatrović, Elma; Çetindaş, Ahmet; Akben, Ibrahim; Damrah, Sadeq

doi:10.1016/j.gr.2023.04.008

Cited by 53 publications

(10 citation statements)

References 59 publications

Supporting

Mentioning

Contrasting

Order By: Relevance

“…EIN also has a negative impact on ES, which reports that EIN demolishes the ES in South Asia, so H 4 is also accepted. The above results are identical to prior scholars' findings [ [33] , [34] , [35] , [36] , 39 , [41] , [42] , [43] , [44] , [45] ]. The negative impact of RTEC and EIN on ES is justified in such a way that road transport is a significant contributor to GHG emissions, with the majority of emissions coming from burning fossil fuels, such as gasoline and diesel.…”

Section: Discussionsupporting

confidence: 91%

“…These emissions contribute to climate change, which can have wide-ranging negative impacts, such as severe weather and ecosystem disruptions. Road transport is also a foremost source of pollution, which negatively impacts human health, ecosystems, and the environment [ [41] , [42] , [43] , [44] , [45] ]. Exhaust emissions from vehicles contain pollutants (like nitrogen oxides) that can contribute to respiratory problems, cardiovascular disease and other health issues.…”

Section: Discussionmentioning

confidence: 99%

“…Shifting the focus to the transport sector's EC, economic growth and technological innovation, Satrovic et al [ 42 ] undertook a study to explore their implications for ES. Examining data from 1990 to 2018, they observed a significant positive relationship between transport EC and the ecological footprint.…”

Section: Introductionmentioning

confidence: 99%

See 2 more Smart Citations

Green road transportation management and environmental sustainability: The impact of population density

Din,

Ming,

Rahman

et al. 2023

Heliyon

View full text Add to dashboard Cite

Section: Discussionsupporting

confidence: 91%

Section: Discussionmentioning

confidence: 99%

See 1 more Smart Citation

Green road transportation management and environmental sustainability: The impact of population density

Din,

Ming,

Rahman

et al. 2023

Heliyon

View full text Add to dashboard Cite

“…The debate surrounding the interplay between environmental policy and economic sustainability is multifaceted, reflecting a spectrum of scholarly opinions on whether regulatory frameworks act as catalysts or barriers to sustainable economic development. Advocates such as Li and Qamruzzaman [60] and Satrovic et al [61] champion the idea that stringent environmental regulations drive innovation, fostering the advent of green technologies that not only promote economic growth but also ensure resource conservation. This viewpoint is reinforced by the work of Raihan and Tuspekova [62] and Zhen et al [63], which delineates the pivotal role of environmental regulations in the progression of renewable energy technologies, which thereby contribute to a broader agenda of sustainable development.…”

Section: Literature Reviewmentioning

confidence: 99%

The Green Engine of Growth: Assessing the Influence of Renewable Energy Consumption and Environmental Policy on China’s Economic Sustainability

Wang,

He,

2024

Sustainability

View full text Add to dashboard Cite

Utilizing Fourier autoregressive distributed lag and Fourier Toda–Yamamoto causality methodologies, this research assesses the effects that renewable energy consumption and environmental policy had on the economic sustainability of China from 1991 to 2022. Our findings highlight the positive impacts of renewable energy use and stringent environmental policies on China’s economic growth, while also pinpointing the supportive roles played by foreign direct investment, trade openness, and financial sector evolution in fostering a sustainable economic environment. Conversely, a reliance on fossil fuels emerges as a significant barrier to sustainability. Causality tests confirm the essential roles of renewable energy and environmental policies in advancing China’s economic sustainability. This study underscores the critical need for integrating sustainable energy and environmental strategies within China’s economic development framework, advocating for a holistic policy approach that balances economic growth with environmental conservation. This research underscores the imperative for a sustainability-centered strategy for China’s economic advancement.

show abstract

“…Tourism industry represents the largest service sector, and it has a substantial influence on economic growth. Both developing and developed countries perceive tourism as an approach to benefit from their natural and other resources (Damrah et al , 2022a; Satrovic et al , 2023). The local economy has severe benefits from tourism, e.g.…”

Section: Literature Reviewmentioning

confidence: 99%

Intellectual capital efficiency, institutional ownership and cash holdings: a cross-country study

Dalwai,

Mohammadi,

Satrovic

2023

RAF

Self Cite

View full text Add to dashboard Cite

Purpose This study aims to investigate the roles of intellectual capital efficiency and institutional ownership on cash holdings and their speed of adjustment. Design/methodology/approach Using a sample of 432 firm-year observations of tourism-listed companies, three measures of cash holdings are used as dependent variables and intellectual capital efficiency and institutional ownership as independent variables. The financial data is collected from the S&P Capital IQ database for the period 2015–2020. Two system-generalized methods of moment estimation are used for the robustness checks of the results. Findings The study provides evidence that an increase in intellectual capital efficiency in tourism firms results in lower cash holdings. The research findings also report that characteristics such as firm size, age and market-to-book value ratio are associated with cash holdings. Furthermore, institutional ownership in these firms did not affect the cash holdings. The results also confirm the existence of a target cash holding level to which the tourism firms attempt to converge. These results are robust to the alternative proxy of cash holding and endogeneity tests. Research limitations/implications The study uses intellectual capital efficiency measured by the model proposed by Pulic. Alternative measures of intellectual capital can be included in future studies. Future research can also investigate the impact on cash holdings before and during the pandemic for tourism companies. The study is limited to the impact of institutional ownership; thus, research can be extended to consider other types of ownership. Practical implications The findings of this study indicate that tourism companies should take into account the impact of intellectual capital efficiency on their cash holding decisions. The industry uses a specific financial management strategy in light of better efficiency and possibly values the opportunity cost of holding more cash. Additionally, regulators should re-examine the role of institutional ownership in tourism firms, as it was found to have no impact on cash holdings. The regulators may need to consider other factors, such as firm size and age, when developing policies and regulations to ensure that tourism firms have adequate cash holdings. Originality/value This study adds to the body of knowledge on the factors that influence cash management and ideal cash levels for the tourism industry. The examination of the effect of intellectual capital on cash holdings is a novel contribution, filling a gap in the existing literature. The findings on the speed of adjustment towards optimal cash holdings also provide support for the trade-off theory.

show abstract

Do natural resource dependence, economic growth and transport energy consumption accelerate ecological footprint in the most innovative countries? The moderating role of technological innovation

Cited by 53 publications

References 59 publications

Green road transportation management and environmental sustainability: The impact of population density

Green road transportation management and environmental sustainability: The impact of population density

The Green Engine of Growth: Assessing the Influence of Renewable Energy Consumption and Environmental Policy on China’s Economic Sustainability

Intellectual capital efficiency, institutional ownership and cash holdings: a cross-country study

Contact Info

Product

Resources

About