How technological innovation and institutional quality affect sectoral energy consumption in Pakistan? Fresh policy insights from novel econometric approach

Li, Zheng; Abbasi, Kashif Raza; Salem, Sultan; Irfan, Muhammad; Alvarado, Rafael; Lv, Kangjuan

doi:10.1016/j.techfore.2022.121900

Cited by 68 publications

(33 citation statements)

References 47 publications

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“…This study contributes to the existing literature in the following way. Although few researchers have analyzed the role of technological innovation and institutional quality on environmental sustainability at the country-specific, regional, and global levels (Chaudhry et al, 2021;Abid et al, 2022;Liu et al, 2022;Wang and Yang, 2022;Zheng et al, 2022;Amin et al, 2023;, the majority of them have mainly concentrated on determining the effects of technological innovation and institutional quality on CO 2 emissions. Therefore, to fill this gap, our study examines the role of technological innovation and institutional quality in improving environmental sustainability.…”

Section: Introductionmentioning

confidence: 99%

The role of innovation in environmental-related technologies and institutional quality to drive environmental sustainability

Shabir

Hussaın

Işık

et al. 2023

Front. Environ. Sci.

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In this study, we examine the long-run effect of environmental-related technological innovation, institutional quality, trade openness, energy consumption, and economic growth on CO2 emissions in APEC countries from 2004 to 2018. Firstly, panel unit root tests were used to explore the stationarity of each data series. The panel unit root test findings showed that all data series are stationary at the first difference. Second, the Westerlund panel cointegration test was used to deal with heterogeneity and cross-sectional dependence. Thirdly, the empirical findings from the augmented mean group (AMG) and common correlated effects mean group (CCEMG) estimators indicate that environmental-related technological innovation and institutional quality destructively affect CO2 emissions. In contrast, trade openness, energy consumption, and economic growth positively impact CO2 emissions. While causality analysis refers to the unidirectional causality runs from trade openness, energy consumption to CO2 emission and bidirectional causality relationships are between technological innovation, institutional quality, GDP, CO2 emission. Based on the findings, we proposed that APEC countries should raise investment in environmental-related technological innovation and improve the quality of the institutional environment to achieve sustainable development targets.

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Section: Introductionmentioning

confidence: 99%

The role of innovation in environmental-related technologies and institutional quality to drive environmental sustainability

Shabir

Hussaın

Işık

et al. 2023

Front. Environ. Sci.

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“…Economic growth has important drivers and determinants, including but not limited to technological change, institutions, demographics, energy and economic policies with a wide range of implications (Romer, 1990;Acemoglu et al, 2001;Jones, 2015;Easterly, 2019;Bloom, 2020;Bansal, 2021;Xu et al, 2023;Zheng et al, 2022). Among those variables, we are mainly interested in the eff ects of public debt on economic growth, investment and credit.…”

Section: Literature Reviewmentioning

confidence: 99%

Non-linear Impacts of Public Debt on Growth, Investment and Credit: A Dynamic Panel Threshold Approach

Turan¹,

İyidoğan²

2023

Prague Economic Papers

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This paper examines the effects of public debt on the growth rate, investment and domestic credit provided to private sector using the dynamic panel threshold regression method for a large number of developing countries, namely 53 (48) economies for growth and investment (credit) regressions. Our results suggest that public debt does not have a significant impact on the economic growth rate. Despite a strong negative effect of public debt on the total investment, our results do not support the existence of a (strong) threshold effect of public debt on total (private) investment. On the other hand, we present evidence for a threshold effect of public debt on public investment and credit. More precisely, public debt leads to a reduction in public investment and credit when the public debt exceeds the estimated threshold levels. Since public debt matters for investment and credit, it is important to ensure fiscal discipline and prudence in the long term.

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“…Many studies (Abbasi, Adedoyin, et al, 2021; Abbasi, Shahbaz, et al, 2021; Awan et al, 2022; Xu et al, 2023; Zhang et al, 2022; Zhao et al, 2022; Zheng et al, 2022; Zhou et al, 2022) reported different factors affecting environment however, the growing population, agricultural productivity is a major problem for many countries around the world. An estimated 75% of the world's population is poor and lives in rural areas, and they also depend on agriculture and livelihoods (Ariabod et al, 2019).…”

Section: Theoretical Backgroundmentioning

confidence: 99%

What hurt the most? Assessing the influence of pollution and climate change on agricultural sustainability in Asia

Ramzan

2023

Sustainable Development

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Agriculture faces unprecedented abiotic and biotic stressors due to climate change and environmental contamination. This consequence serves as a severe warning to our society and a challenge to balance sustainable production with rapid population growth. However, prior studies have not explored how pollution and climate change affect agricultural sustainability individually, particularly in Asia. To do so, we examined the analytical linkages between environmental degradation, climate change, governance, and agriculture in Asian countries. To quantify the long-term estimates, the study employs a fresh econometric approach, such as the generalized method of moments and quantile regression, to test the robustness of all diagnostic checks, notably with the contemplation of outliers performed. The results of panel cointegration tests confirm the long-term interactions between sustainable agriculture and its determinants. Besides this, it is inferred that governance quality, agricultural land, fertilizers, and stock led to increased agricultural production, whereas carbon emissions and temperature change hurt agricultural performance. Moreover, it is asserted that all predictors have a significant predictive capacity for both measures of agricultural sustainability. These findings are the foundation for a comprehensive set of policies designed to achieve Sustainable Development Agenda 2, 8, and 13 through agricultural sustainability.

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How technological innovation and institutional quality affect sectoral energy consumption in Pakistan? Fresh policy insights from novel econometric approach

Cited by 68 publications

References 47 publications

The role of innovation in environmental-related technologies and institutional quality to drive environmental sustainability

The role of innovation in environmental-related technologies and institutional quality to drive environmental sustainability

Non-linear Impacts of Public Debt on Growth, Investment and Credit: A Dynamic Panel Threshold Approach

What hurt the most? Assessing the influence of pollution and climate change on agricultural sustainability in Asia

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