Does financial development stimulate environmental sustainability? Evidence from a panel study of 115 countries

Uddin, Mirza Md Moyen

doi:10.1002/bse.2591

Cited by 14 publications

(3 citation statements)

References 93 publications

(136 reference statements)

Supporting

Mentioning

Contrasting

Order By: Relevance

“…Furthermore, in the high-and middle-income groups, financial development had a negative impact on the relationship between GDP and both CH2 and PM2.5 emissions. This result suggested that financial development can reduce environmental degradation without adverse effects on growth [27]. Ref.…”

Section: Literature Reviewmentioning

confidence: 92%

The Impact of Social Inclusion and Financial Development on CO2 Emissions: Panel Analysis from Developing Countries

Ahmad,

Ghouse,

Bhatti

et al. 2023

Sustainability

View full text Add to dashboard Cite

The intricate interplay between the environment and the economy entails numerous multifaceted factors that require thorough investigation. Civic activism, intergroup cohesion, and gender equality are among the pertinent factors that hold the potential to significantly impact CO2 emissions in developing economies. However, these variables have not been explored to the extent that their importance warrants, leaving much to be studied and understood about their complex relationships with carbon emissions. Currently, developing nations find themselves more vulnerable and exposed to a plethora of environmental issues. In response to this pressing matter, the focus of this study is to expound upon the impact of various factors on the environment. To achieve this aim, this study utilizes annual data from 46 developing countries, spanning the extensive period from 1990 to 2014. Using the generalized method of moments and empirical Bayes methods, this study’s results emphasize the significant impact that civic activism, gender equality, intergroup cohesion, and financial development can have on increasing CO2 emissions. However, civic activism reduces CO2 emissions. These findings highlight the crucial importance of adopting a comprehensive approach that accounts for both economic and social cohesion indicators when tackling environmental challenges.

show abstract

Section: Literature Reviewmentioning

confidence: 92%

The Impact of Social Inclusion and Financial Development on CO2 Emissions: Panel Analysis from Developing Countries

Ahmad,

Ghouse,

Bhatti

et al. 2023

Sustainability

View full text Add to dashboard Cite

show abstract

“…The moderation of financial development was engaged for 115 countries to validate the EKC across different income groups of countries. The study results regarding the moderation of financial development revealed the observance of stronger EKCs across different income groups [87]. The effect/moderation of urbanization for validation of the EKC was used in the case of Turkey, and the study results indicated that the moderation of urbanization was observed in an inverted U-shaped EKC [88].…”

Section: Literature Reviewmentioning

confidence: 93%

Moderation of Services’ EKC through Transportation Competitiveness: PQR Model in Global Prospective

Sardar

Asghar

Munir

et al. 2022

IJERPH

View full text Add to dashboard Cite

The continuously increasing GHG emissions have created environmental pollution and several challenges to ecosystems and biodiversity. The challenges of climate change are multipronged, resulting in melting glaciers, flash floods, and severe heat waves. In this regard, the adaptive and mitigation strategies to manage the consequences of climate change are highly important. The transport sector creates a quarter of carbon emissions, and this share is continuously increasing. Accordingly, this research study uses transport competitiveness to determine carbon emissions of the transport sector for 121 countries covering the time period from 2008 to 2018. The Panel Quantile Regression (PQR) technique is engaged to analyze the study results. The findings highlight that transport competitiveness tends to increase carbon emissions of the transport sector across quantile groups 1 and 3, while it reduces carbon emissions in quantile group 2. The U-shaped services’ EKC is validated in quantile groups 2 and 4. The moderation engaged, i.e., transportation competitiveness, changes the turning point of the services’ EKC across quantile groups 2 and 4. However, in the high-CO2 quantile group, the moderation impact of transport competitiveness is strongest as it reduces the sensitivity by flattening the services’ EKC. Furthermore, the planned expansion of the population and improved institutional quality tend to mitigate carbon emissions across different quantile groups. The policy relevance/implications that are based on the study results/findings are made part of the research paper.

show abstract

“…When selecting a transportation mode, business organizations consider factors such as cost, time and vehicle capacity. Considering these factors, industrial management prefers the roadway mode of transportation as it offers better connectivity, cheap cost and easy availability (Uddin, 2020). While delivering the products in time, the transportation sector must also look after the carbon footprint released during product transportation.…”

Section: Problem Statement and Conceptualizationmentioning

confidence: 99%

Exploring key enablers of sustainable transportation in small-and medium-sized manufacturing enterprises

Karuppiah

Sankaranarayanan

Ali

2021

View full text Add to dashboard Cite

PurposeThe transportation sector is frequently criticized for its adverse environmental impacts. Industrial managers and decision-makers in the transportation sector have difficulty embracing sustainable transportation. Taking this difficulty into consideration, this study intends to locate and evaluate the enablers of sustainable transportation.Design/methodology/approachUsing the Pareto analysis, the study finalized 20 enablers from the list of 25 enablers. The finalized enablers are prioritized, and their causal inter-relationships are revealed using the grey-decision-making trial and evaluation laboratory (grey-DEMATEL) method. A sensitivity analysis is performed to determine the influence of experts' weight in the final results.FindingsFindings reveal enhancement of cross-departmental cooperation, decision synchronization, technology cooperation, policy cooperation and route optimization as the five most critical enablers of sustainable transportation. Based on the results, the study proposes some policy implications for the decision-makers to proactively incorporate sustainability concepts.Originality/valueThis paper is the first of its kind to evaluate the enablers of sustainable transportation in the Indian leather industry. This paper proposes a comprehensive list of enablers of sustainable transportation and reveals their causal interrelationships using grey-DEMATEL. The weight of the provided enablers will help the industrial managers to more proactively take sequential actions to incorporate sustainable transportation.

show abstract

Does financial development stimulate environmental sustainability? Evidence from a panel study of 115 countries

Cited by 14 publications

References 93 publications

The Impact of Social Inclusion and Financial Development on CO2 Emissions: Panel Analysis from Developing Countries

The Impact of Social Inclusion and Financial Development on CO2 Emissions: Panel Analysis from Developing Countries

Moderation of Services’ EKC through Transportation Competitiveness: PQR Model in Global Prospective

Exploring key enablers of sustainable transportation in small-and medium-sized manufacturing enterprises

Contact Info

Product

Resources

About