Financial Development, Human Capital and Energy Transition: A Global Comparative Analysis

Achuo, Elvis Dze; Kakeu, Pilag; Asongu, Simplice

doi:10.2139/ssrn.4316016

Cited by 5 publications

(4 citation statements)

References 52 publications

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“…In a recent study conducted in China, Li et al (2023) inspected and declared that human capital resources contribute to stimulating green transition by enhancing work effi ciency. Achuo et al (2023) also examined that human capital signifi cantly and positively aff ects the growth of green electricity, but the eff ect is non-signifi cant. A nother study found a one-way positive causal link between human capital and short-term and long-term production of green electricity and the overall amount of energy used (Fatima et al, 2019).…”

Section: Literature Reviewmentioning

confidence: 99%

Role of Corruption and Governance Quality on Green Electricity Transition: Learning Through the Lens of Economic Complexity and Sustainability

Ziya,

Guo,

Raza

2024

Politicka ekonomie

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The transition towards green and clean energy sources is the need of the day and a key target for several economies across the globe. Besides, emerging economies also aim to minimize fossil fuel dependence, promoting the adoption of green electricity. However, several obstacles, including governance, corruption and economic-related issues, are forthcoming in attaining sustainability in the context of green energy. This research examines seven emerging economies from 1990 to 2020. The study uses novel panel diagnostic assessment approaches, which validate the slope heterogeneity and cross-sectional dependence and confirm the cointegration between the study variables. Employing the method of moments quantile regression, this research concludes that corruption and governance quality adversely influence the transition to green electricity. On the other hand, the influence of economic complexity, research and development expenditures and per capita GDP is positive and significant. These results are robust as validated by estimators such as mean group and fully modified ordinary least squares. Furthermore, a twoway Granger causality exists between regressors and green energy transition, which allows this research to offer appropriate policy implications. This study recommends improving institutions, strengthening bureaucracy, enhancing accountability and investing in research and development, green technologies and human capital to encourage green energy transition.

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Section: Literature Reviewmentioning

confidence: 99%

Role of Corruption and Governance Quality on Green Electricity Transition: Learning Through the Lens of Economic Complexity and Sustainability

Ziya,

Guo,

Raza

2024

Politicka ekonomie

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“…The proportion of biomass energy in relation to total energy consumption varies greatly between nations due to geographic, economic, and climatic variations; it can be as low as 1% in some industrialized nations like the United Kingdom to significantly more than 50% in some developing nations in Africa and Asia. Being much greater in terms of energy than the second-largest renewable energy source, hydropower, biomass is by far the most significant renewable energy source (Achuo & Asongu. 2023).…”

Section: Biofuel As Sustainable and Renewable Energy Sourcesmentioning

confidence: 99%

Oleaginous fungi as a sustainable source for biodiesel production: Current and future prospect

Moharam,

Beheary,

Salama

et al. 2023

MBJ

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The growing need for energy resources and the urgent needed action for climate change competing lead to conflict between all sectors on how to meet the needs without causing environmental degradation. By looking for alternatives source between the renewable resources ‫؛‬the best selection meets the needs is biofuel. Out of Biofuel types, Biodiesel is a great and clean selection of energy resources. Biodiesel prepared from many feedstocks to extract fatty acid from different generations of biodiesel, each generation has its limitation thought looking for viable and cost-effective feedstock ‫؛‬ In this paper we discuss the use of agricultural waste as feedstock for biodiesel preparation using oleaginous fungi as mini-factories.

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“…The continuous dependence of African countries on non‐renewable energy sources is likely to further amplify pollution emission rates in the continent in the near future (Achuo et al, 2023). Moreover, Ayompe et al (2021) opine that Africa's CO 2 emission rates could further accentuate following its rapidly growing population, together with the ambition of reaching the lofty development goals delineated in Agenda 2063 development plan for the African continent.…”

Section: Introductionmentioning

confidence: 99%

Resource rents and environmental pollution in developing countries: Does the quality of institutions matter?

Achuo,

Miamo,

Kouhomou

2023

Review Development Economics

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Despite global concerted efforts to enhance environmental sustainability, environmental quality has continued degrading following upsurges in carbon dioxide (CO2) emissions. The rising pollution emissions in recent decades have largely been blamed on the growing exploitation of natural resources and institutional dynamics. Consequently, this study empirically examines the effect of resource rents on environmental pollution. The system Generalised Method of Moments approach is adopted to analyse data for a panel of 39 developing African countries over the 1996–2020 period. The key results reveal that resource rents significantly contribute to pollution emissions in the context of African economies. This positive relationship between resource rents and environmental pollution is globally validated by the various sensitivity analysis and robustness checks. However, this relationship is divergent for alternative measures of natural resources and across sub‐regional economic blocs. Furthermore, the results reveal the critical role of good governance in modulating the environmental damaging role of natural resource dependence. Besides the key findings, the study equally highlights the importance of ICTs and the need to increase investments in green technologies and promote the consumption of clean energies. Indeed, the key findings suggest that for resource rents to effectively contribute to environmental sustainability by reducing CO2 emissions there is need for policymakers to reinforce the legislation through the enhancement of institutional quality. Particularly, African governments should develop and reinforce strategies aimed at curbing corruption which constitutes a major obstacle to environmental sustainability.

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Financial Development, Human Capital and Energy Transition: A Global Comparative Analysis

Cited by 5 publications

References 52 publications

Role of Corruption and Governance Quality on Green Electricity Transition: Learning Through the Lens of Economic Complexity and Sustainability

Role of Corruption and Governance Quality on Green Electricity Transition: Learning Through the Lens of Economic Complexity and Sustainability

Oleaginous fungi as a sustainable source for biodiesel production: Current and future prospect

Resource rents and environmental pollution in developing countries: Does the quality of institutions matter?

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