Linking financial development, economic growth, and ecological footprint: what is the role of technological innovation?

Kihombo, Shauku; Ahmed, Zahoor; Chen, Songsheng; Adebayo, Tomiwa Sunday; Kırıkkaleli, Derviş

doi:10.1007/s11356-021-14993-1

Cited by 285 publications

(109 citation statements)

References 72 publications

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“…Meanwhile, the coefficient of GDP square is negative, which implies that the EKC hypothesis exists in China's provinces. These findings corroborate with the results of Ahmad et al [79] for emerging countries, Pata [38] for Turkey, and Ahmed et al [80] for Japan. Thus, our result supports hypothesis 2 (H2).…”

Section: Resultssupporting

confidence: 91%

Linking Innovative Human Capital, Economic Growth, and CO2 Emissions: An Empirical Study Based on Chinese Provincial Panel Data

Lin

Zhao

Ahmad

et al. 2021

IJERPH

Self Cite

107

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To study the economic and environmental effects of human capital, previous studies measure human capital based on education; however, this approach has many shortcomings because not all educated people are innovative human capital. Hence, this study introduces the concept of innovative human capital by developing a new index that measures human capital based on the number of patents every one million R&D staff full-time equivalent. After this, this paper studies the impact of innovative human capital on CO2 emissions in China. The provincial panel data of 30 Chinese provinces from 2003 to 2017 is analyzed using the fixed effect, ordinary least squares, and the system generalized method of moments (SYS-GMM). The analysis revealed that innovative human capital alleviates environmental deterioration in China. The findings unfold the existence of the environmental Kuznets curve (EKC) considering innovative human capital in the model. It implies that Chinese economic development will eventually support environmental sustainability if China continues to develop its innovative human capital. Among the control variables, economic structure, population density, and energy intensity stimulate environmental degradation by increasing CO2 emissions. However, FDI has a negative relationship with CO2 emissions. Lastly, the study proposes comprehensive policies to increase innovative human capital for environmental sustainability.

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Section: Resultssupporting

confidence: 91%

Linking Innovative Human Capital, Economic Growth, and CO2 Emissions: An Empirical Study Based on Chinese Provincial Panel Data

Lin

Zhao

Ahmad

et al. 2021

IJERPH

Self Cite

107

View full text Add to dashboard Cite

show abstract

Section: Resultssupporting

confidence: 86%

“…There is a unidirectional causal linkage from CO2 to GDP in the long term which illustrates that CO2 can predict GDP in the long term. This study outcome complies with the works of [39,40]. In a bid to establish the causal impact of EC, AGRIC, EC and CO 2 on GDP in Thailand, the present study applied the frequency domain causality test.…”

Section: Resultssupporting

confidence: 71%

Another Look into the Relationship between Economic Growth, Carbon Emissions, Agriculture and Urbanization in Thailand: A Frequency Domain Analysis

et al. 2021

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This empirical study assesses the effect of CO2 emissions, urbanization, energy consumption, and agriculture on Thailand’s economic growth using a dataset between 1970 and 2018. The ARDL and the frequency domain causality (FDC) approaches were applied to assess these interconnections. The outcome of the bounds test suggested a long-term association among the variables of investigation. The ARDL outcomes reveal that urbanization, agriculture, energy consumption, and CO2 emissions positively trigger Thailand’s economic growth. Additionally, the frequency domain causality test was used to detect a causal connection between the series. The main benefit of this technique is that it can detect a causal connection between series at different frequencies. To the understanding of the authors, this is the first study in the case of Thailand that will apply the FDC approach to capture the causal linkage between GDP and the regressors. The outcomes of the causality test suggested that CO2 emissions, urbanization, energy consumption, and agriculture can predict Thailand’s economic growth in the long term. These outcomes have far-reaching implications for economic performance and Thailand’s macroeconomic indicators.

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“…Moreover, [34] green training and advancement are often deemed an essential human resources strategy for organizational success in environmental performance. Environmental training is considered an essential method for developing human resources [33,35]. This type of training can create an employee ethos, such that green sustainable policies, including waste reduction and a pro-active attitude to the environment, are developed.…”

Section: Green Human Resource Management and Environmental Performancementioning

confidence: 99%

Linking Green Human Resource Practices and Environmental Economics Performance: The Role of Green Economic Organizational Culture and Green Psychological Climate

Shah

Jiang

et al. 2021

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An eco-friendly environment with green strategies can help to achieve better environmental performance. However, literature on the relationship between green human resource management practices (GHRMP) and sustainable environmental efficiency (SEF) is limited. Moreover, there is limited knowledge about the factors that could mediate the relationship between GHRMP and SEF. Therefore, the present study examines the impact of green human resource management practices mediating through green psychological climate (GPC) and green organizational culture (GOC) for better environmental efficacy. For this purpose, the primary data on variables are collected by using structured assessment tools and analyzed through regression models. Unlike previous studies, this study adopts a mediation model and unfolds not only the role of green human resource practices in psychological climate and green organizational culture but also clarifies the mediating role of GPC and GOC in sustainable environmental efficiency. The findings unfolded that ecological factors such as green psychological climate, green organizational culture, and sustainable environmental efficiency are positively affected by green human resources management. In addition, green organizational culture and green psychological climate positively mediate the relationship between GHRMP and SEF. This study recommends adopting green human resource management strategies and increasing technical innovations to improve sustainability and economic performance.

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Linking financial development, economic growth, and ecological footprint: what is the role of technological innovation?

Cited by 285 publications

References 72 publications

Linking Innovative Human Capital, Economic Growth, and CO2 Emissions: An Empirical Study Based on Chinese Provincial Panel Data

Linking Innovative Human Capital, Economic Growth, and CO2 Emissions: An Empirical Study Based on Chinese Provincial Panel Data

Another Look into the Relationship between Economic Growth, Carbon Emissions, Agriculture and Urbanization in Thailand: A Frequency Domain Analysis

Linking Green Human Resource Practices and Environmental Economics Performance: The Role of Green Economic Organizational Culture and Green Psychological Climate

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