Examining the asymmetric effects of fossil fuel consumption, foreign direct investment, and globalization on ecological footprint in <scp>M</scp>exico

Eweade, Babatunde S.; Karlilar, Selin; Pata, Ugur Korkut; Adeshola, Ibrahim; Olaifa, John O.

doi:10.1002/sd.2825

Cited by 35 publications

(2 citation statements)

References 57 publications

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“…The WC’s special characteristics allow it to characterize a wide range of areas and periods when co-movements happen among the time series (Razi et al. , 2023; Eweade et al. , 2023).…”

Section: Methodsmentioning

confidence: 99%

“…According to Torrence and Compo (1998) The periods were divided by the WPS, highlighting the very responsive degree present across the whole time series in all the time and frequency domains. The WC's special characteristics allow it to characterize a wide range of areas and periods when co-movements happen among the time series (Razi et al, 2023;Eweade et al, 2023). The WC coefficient is modified following Torrence and Webster (1999) below:…”

Section: Wavelet Coherence (Wc)mentioning

confidence: 99%

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Environmental tax, renewable energy and environmental sustainability in Germany: evidence from wavelet and Fourier-based approaches

Ali,

Kirikkaleli

2024

MEQ

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PurposeIn order to achieve sustainable development objectives, safeguard the ecosystem, combat global warming and preserve biodiversity for a more sustainable and secure future, the ecological footprint (EF) must be reduced. Therefore, embracing holistic methods, emphasizing renewable energy (RN) and environmental taxes (ET) is crucial. Therefore, the present study aims to capture the effect of ET and RN on EF in Germany.Design/methodology/approachTo achieve this aim, the novel Fourier-based Autoregressive Distributive Lag (ADL) cointegration and the time and frequency-based connections among the variables are investigated in this work throughout the 1994–2021 time span using the wavelet analytic methods, including wavelet power spectrum (WPS) and wavelet coherence (WC) methods, respectively.FindingsThe study’s results express that (1) RN, ET and EF are cointegrated in the long run; (2) EF and RN have volatility; (3) RN use in Germany prevents environmental deterioration and (4) ET decreases EF.Practical implicationsThe research findings imply that Germany needs rigorous environmental restrictions and enforcement of alternate energy sources for energy use plans and sustainable production objectives.Originality/valueTo the best of our knowledge, the effect of RN and ET on EF in Germany has not been comprehensively explored by using newly developed econometrics techniques and a single dataset. Therefore, the study provides important policy implementations for the German government and is also likely to open debate on the concept.

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“…The WC’s special characteristics allow it to characterize a wide range of areas and periods when co-movements happen among the time series (Razi et al. , 2023; Eweade et al. , 2023).…”

Section: Methodsmentioning

confidence: 99%

Section: Wavelet Coherence (Wc)mentioning

confidence: 99%

Environmental tax, renewable energy and environmental sustainability in Germany: evidence from wavelet and Fourier-based approaches

Ali,

Kirikkaleli

2024

MEQ

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Factors influencing the material footprint in the USA

Kirikkaleli

2024

Integr Envir Assess & Manag

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Using novel approaches, namely Fourier autoregressive distributive lag (F‐ADL) cointegration and nonlinear autoregressive distributed lag (N‐ARDL), this article analyzes how infrastructure investment and environmental R&D affected the material footprint from 1995Q1 to 2019Q4 in the USA while controlling financial development and economic growth. The outcomes reveal that (i) a reduction in the material footprint can be achieved through increasing environmentally related R&D; (ii) by increasing the environmental R&D, material consumption can be used more effectively; (iii) an increase in financial development leads to an increase in the material footprint; and (iv) the slowdown of the economy contributes to efficient material consumption. Integr Environ Assess Manag 2024;00:1–8. © 2024 SETAC

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Environmental effect of Chinese FDI in Africa: Evidence from pooled mean group

Oladipupo,

Ajide

2023

Sustainable Development

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The growth of the China‐African economic relationship has received much attention among the scholars. Africa and China have experienced cooperation in the areas of foreign direct investment, cross‐border trade, and foreign aids. While this economic relationship has been viewed to contribute to the development of African nations, some scholars are of the opinion that it is a new practice in imperialism. Surprisingly, none of these scholars has examined the environmental effect of Chinese foreign direct investment (CFDI) in African regions. On this note, this study investigates how Chinese foreign direct investment (CFDI) has altered environmental conditions in sub‐Saharan Africa (SSA). The study uses the pooled mean group panel estimation procedure to control for short‐run heterogeneity and long‐run homogeneity in the absence of cross‐sectional dependence for the period 2003–2020, focusing on 22 countries in the region that have seen a substantial increase in foreign investment from China. CFDI is shown to decrease CO2 emissions in the long term, lending credence to the pollution halo hypothesis. Furthermore, short‐term averages show that CFDI increases CO2 emissions, lending credence to the pollution haven hypothesis. However, the short‐term results showed substantial variation on how CFDI affects CO2 emissions. The research shows that short‐term CFDI is associated with reduction in CO2 emissions in Burundi and Rwanda but increases them in the Congo Republic, Gabon, and South Africa. Some policy suggestions based on the results are offered.

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Examining the asymmetric effects of fossil fuel consumption, foreign direct investment, and globalization on ecological footprint in Mexico

Cited by 35 publications

References 57 publications

Environmental tax, renewable energy and environmental sustainability in Germany: evidence from wavelet and Fourier-based approaches

Environmental tax, renewable energy and environmental sustainability in Germany: evidence from wavelet and Fourier-based approaches

Factors influencing the material footprint in the USA

Environmental effect of Chinese FDI in Africa: Evidence from pooled mean group

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