FDI, exports, imports, and consumption-based CO2 emissions in the MENA region: spatial analysis

Mahmood, Haider; Saqib, Najia; Adow, Anass Hamad Elneel; Abbas, Muzaffar

doi:10.1007/s11356-023-27245-1

Cited by 37 publications

(3 citation statements)

References 82 publications

Supporting

Mentioning

Contrasting

Order By: Relevance

“…The EKC framework has been utilised to investigate the relationship between financial inclusion and environmental degradation. The EKC hypothesis, proposed by [ 48 ], suggests that environmental degradation increases in the initial stages of economic development but reduces when economic success is made, allowing resources to be focused on environmental protection. Previous research has looked into the EKC assumption validity by relating environmental degradation to GDP as a measure of progress.…”

Section: Methodsmentioning

confidence: 99%

“…Kuznets [ 5 ] who noted a connection between rising per capita income and income disparity, is credited with developing this hypothesis. Environmental economists such as [ 48 ] examined the potential relationship between environmental degradation and economic success using Kuznets’ theory. They suggested a framework that divided economic expansion into three phases: size, structural, and combined effects.…”

Section: Literature Reviewmentioning

confidence: 99%

Section: Theoretical Framework and Model Constructionmentioning

confidence: 99%

See 2 more Smart Citations

Does financial inclusion and information communication technology affect environmental degradation in oil-producing countries?

Alam,

Shichang,

Muneer

et al. 2024

PLoS ONE

View full text Add to dashboard Cite

Advances in financial inclusions have contributed to economic growth and poverty alleviation, addressing environmental implications and implementing measures to mitigate climate change. Financial inclusions force advanced countries to progress their policies in a manner that does not hinder developing countries’ current and future development. Consequently, this research examined the asymmetric effects of information and communication technology (ICT), financial inclusion, consumption of primary energy, employment to population ratio, and human development index on CO2 emissions in oil-producing countries (UAE, Nigeria, Russia, Saudi Arabia, Norway, Kazakhstan, Kuwait, Iraq, USA, and Canada). The study utilizes annual panel data spanning from 1990 to 2021. In addition, this study investigates the validity of the Environmental Kuznets Curve (EKC) trend on the entire sample, taking into account the effects of energy consumption and population to investigate the impact of financial inclusion on environmental degradation. The study used quantile regression, FMOLS, and FE-OLS techniques. Preliminary outcomes revealed that the data did not follow a normal distribution, emphasizing the need to use quantile regression (QR). This technique can effectively detect outliers, data non-normality, and structural changes. The outcomes from the quantile regression analysis indicate that ICT consistently reduces CO2 emissions in all quantiles (ranging from the 1st to the 9th quantile). In the same way, financial inclusion, and employment to population ratio constrains CO2 emissions across each quantile. On the other side, primary energy consumption and Human development index were found to increase CO2 emissions in each quantile (1st to 9th). The findings of this research have implications for both the academic and policy domains. By unraveling the intricate interplay between financial inclusion, ICT, and environmental degradation in oil-producing nations, the study contributes to a nuanced understanding of sustainable development challenges. Ultimately, the research aims to guide the formulation of targeted policies that leverage financial inclusion and technology to foster environmentally responsible economic growth in oil-dependent economies.

show abstract

Section: Methodsmentioning

confidence: 99%

Section: Literature Reviewmentioning

confidence: 99%

See 1 more Smart Citation

Does financial inclusion and information communication technology affect environmental degradation in oil-producing countries?

Alam,

Shichang,

Muneer

et al. 2024

PLoS ONE

View full text Add to dashboard Cite

show abstract

ESG disclosures, green innovation, and greenwashing: All for sustainable development?

Ma,

Feng,

Yin

et al. 2024

Sustainable Development

View full text Add to dashboard Cite

As stakeholder concerns about corporate sustainability intensify, greenwashing—where companies deceptively report their environmental performance for short‐term economic gain—poses a significant threat to long‐term sustainability, making it crucial to explore effective ways to curb this practice. Using data from 1,270 Chinese listed companies from 2009 to 2019, this study constructs two‐way fixed effects and moderating effects models to explore the crucial role of green innovation in curbing greenwashing. Green innovation not only reduces the incentives for greenwashing, but also makes a genuine contribution to environmental protection, thus promoting a “win‐win” scenario for both sustainability and corporate development. Moreover, the positive impact of green innovation on curbing greenwashing can be significantly amplified by easing financial constraints and enhancing firms’ risk‐taking capabilities to foster a stable financial environment, as well as by strengthening the governance structure through increased gender diversity and environmental background among managers. Heterogeneity tests show that this pathway is particularly effective in companies with heavy pollution and higher economic performance. The research findings help to formulate more effective management strategies and incentive mechanisms to reduce greenwashing and achieve sustainable development.

show abstract

Navigating Carbon Peaking and Neutrality in MENA: The Impact of Foreign Direct Investment and Trade Openness Using Panel PCSE and FGLS Techniques

Saeed,

Twum,

Klugah

2024

Environmental Quality Mgmt

View full text Add to dashboard Cite

In response to the global challenge of climate change and the drive towards carbon neutrality, this study investigates the effects of foreign direct investment (FDI) and trade openness (TO) on carbon emissions (CEM) within the Middle East and North Africa (MENA) region. The research spans 18 countries from 1990 to 2022, focusing on Sustainable Development Goal 13. Utilizing Porter's hypothesis and the Environmental Kuznets Curve (EKC) theory, the study applies quantitative methods including panel corrected standard errors (PCSE) and feasible generalized least squares (FGLS) to ensure robustness. To address potential endogeneity, two‐stage least squares and lagged effect estimations are employed. The findings reveal that both FDI and TO are associated with reduced CEM, indicating positive environmental impacts. Also, the pairwise causality tests show bidirectional causality between FDI, TO, and CEM, while a unidirectional causality is found from industrialization (IND) and energy consumption (EC) to CEM. These results underscore the importance of integrating FDI and TO into strategies for achieving carbon neutrality and advancing sustainable development goals, offering actionable insights for policymakers.

show abstract

FDI, exports, imports, and consumption-based CO2 emissions in the MENA region: spatial analysis

Cited by 37 publications

References 82 publications

Does financial inclusion and information communication technology affect environmental degradation in oil-producing countries?

Does financial inclusion and information communication technology affect environmental degradation in oil-producing countries?

ESG disclosures, green innovation, and greenwashing: All for sustainable development?

Navigating Carbon Peaking and Neutrality in MENA: The Impact of Foreign Direct Investment and Trade Openness Using Panel PCSE and FGLS Techniques

Contact Info

Product

Resources

About