Exploring how economic growth, renewable energy, internet usage, and mineral rents influence CO2 emissions: A panel quantile regression analysis for 27 OECD countries

Işık, Cem; Bulut, Umit; Ongan, Serdar; Islam, Hasibul; Irfan, Muhammad

doi:10.1016/j.resourpol.2024.105025

Cited by 37 publications

(6 citation statements)

References 62 publications

Supporting

Mentioning

Contrasting

Order By: Relevance

“…A variety of research on economic elements, some of them including macroeconomic variables, influence bank financial performance (Asif et al, 2023;Brahmaiah, 2018;Kirimi et al, 2020;Petria et al, 2015;Işık et al, 2021Işık et al, , 2024aIşık et al, , 2024bIşık et al, , 2024cIşık et al, , 2024d2024fIslam et al, 2024Mamun et al, 2022;Islam et al, 2020;Islam et al, 2022;Islam et al, 2023a;Islam et al, 2023b;Rana et al, 2023;Işık et al, 2024c;Işık et al, 2024dHasan et al, 2019Rahman, 2019). Inflation, gross domestic product (GDP), national income, per capita income, exchange rates, interest rates, unemployment levels, and financial crises are all macroeconomic factors that affect banks performance (Bhattarai, 2017;Cetin et al, 2023;Neupane, 2020;Ozatac et al, 2018;Saeed, 2014;Simiyu and Ngile, 2015).…”

Section: Literature Reviewmentioning

confidence: 99%

Impact of Macroeconomic Factors on Performance of Banks in Bangladesh

Islam,

Saha

et al. 2024

JOE

Self Cite

View full text Add to dashboard Cite

The present study investigates the impact of macroeconomic factors on the performance of banks in Bangladesh. The study analyzed 25 commercial banks consisting of both Islamic and conventional banks in Bangladesh from 2012 to 2021. The data was analyzed using the ordinary least square (OLS) regression model. Return on assets (ROA) is the dependent variable while macroeconomic variables such as GDP growth (GDPG), inflation (INF), and unemployment (UNEP) are the independent variables. The regression results showed that unemployment rate have a significant impact on the return on assets for banks in Bangladesh banks. There was no significant impact between GDP growth and inflation on the return on assets. Policymakers should consider the impact of unemployment rates on bank performance when making economic policy decisions, with a focus on reducing unemployment rates to improve bank performance. This has been particularly relevant during the COVID-19 pandemic, where policies to prevent widespread unemployment could have positive effects on bank performance

show abstract

Section: Literature Reviewmentioning

confidence: 99%

Impact of Macroeconomic Factors on Performance of Banks in Bangladesh

Islam,

Saha

et al. 2024

JOE

Self Cite

View full text Add to dashboard Cite

show abstract

“…This research is guided by a theoretical framework that emphasises the endorsement of technological innovation, sustainable natural resource management, and economic development through the promotion of sustainable energies [ 27 , 28 ] in the focus countries under assessment. The policy recommendations and research directions outlined herein are deeply rooted in this overarching principle.…”

Section: Understanding Gendered Energy Dynamics: Underlying Theoretic...mentioning

confidence: 99%

“…4 Similar to Refs. [ 27 , 28 , [30] , [31] , [32] ], it underscores the significance of embracing eco-friendly technologies and cleaner energy sources, particularly in developing countries, to expedite their path toward sustainable development. However, it is important to note that while renewable energy consumption is often included as a variable in the EKC hypothesis, mixed results have been obtained, highlighting the nuanced relationship between renewable energy adoption and various environmental, social, and economic outcomes.…”

Section: Understanding Gendered Energy Dynamics: Underlying Theoretic...mentioning

confidence: 99%

“…Nevertheless, the primary policy implication is to emphasise the substantial and accelerating impact of renewable energies on environmental sustainability [ 27 , 28 ], along with the potential positive socio-economic effects, particularly within the African entrepreneurial landscape. This paper contends that promoting renewable energy sources should involve fostering public-private partnerships and directing investments into renewable energy infrastructure [ 27 , 28 , [30] , [31] , [32] ]. A specific focus is placed on facilitating access to cleaner energy carriers for women-owned enterprises to enhance their productive activities.…”

Section: Understanding Gendered Energy Dynamics: Underlying Theoretic...mentioning

confidence: 99%

“…By implementing the following recommendations, stakeholders can contribute to fostering a more inclusive and sustainable energy ecosystem, driving socio-economic development while preserving the environment [ 6 , 20 , 27 , 28 , 46 , 57 , 76 , 77 , 80 ]. The prevalent lack of awareness among many WMSME regarding both energy consumption and expenditure signals a pressing need for capacity-building and training initiatives.…”

Section: Conclusion and Recommendationsmentioning

confidence: 99%

See 2 more Smart Citations

Productive use of energy of women-owned micro-, small-, and medium-sized enterprises: Insights from food and textile businesses in selected African countries

Gad,

Leone

2024

Heliyon

View full text Add to dashboard Cite

A new look at the finance–environment nexus: How yield spread affects environmental quality in the United States

Bulut,

Apergis,

Isik

et al. 2024

Bus Strat Env

View full text Add to dashboard Cite

Enhancing environmental quality is currently a key focus for policymakers. Furthermore, researchers are also prioritizing the investigation of novel variables that can influence environmental quality. The yield spread is commonly used as a leading indicator for business cycles in the macro‐finance literature, providing information about future expectations regarding business cycles. The yield spread also presents information about the borrowing costs of firms. None of the existing studies in the environmental economics literature has tested the impact of the yield spread on environmental quality, implying the level of the yield spread has not been considered a variable that can influence environmental quality. This study aims to fill this gap by providing evidence on the effect of yield spread (between 2‐ and 10‐year government bonds) on environmental quality in the United States from June 1976 to September 2023. The results indicate that an increase in the yield spread leads to a rise in environmental destruction. These results suggest two considerable consequences. First, optimistic expectations today lead to the overuse of resources and environmental destruction. Second, firms' higher borrowing costs may be forcing them to use less environmentally friendly production methods to offset more expensive financing costs and increase their profits. This study asserts that companies should enhance their environmental sensitivity, and policymakers should adopt a more proactive stance, based on the results of this study and other research that demonstrates the detrimental impacts of environmental regulation violations and poor environmental performances on companies' stock prices and financial performances.

show abstract

Exploring how economic growth, renewable energy, internet usage, and mineral rents influence CO2 emissions: A panel quantile regression analysis for 27 OECD countries

Cited by 37 publications

References 62 publications

Impact of Macroeconomic Factors on Performance of Banks in Bangladesh

Impact of Macroeconomic Factors on Performance of Banks in Bangladesh

Productive use of energy of women-owned micro-, small-, and medium-sized enterprises: Insights from food and textile businesses in selected African countries

A new look at the finance–environment nexus: How yield spread affects environmental quality in the United States

Contact Info

Product

Resources

About