Modeling the nexus between pollutant emission, energy consumption, foreign direct investment, and economic growth: new insights from China

Udemba, Edmund Ntom; Magazzino, Cosimo; Bekun, Festus Vıctor

doi:10.1007/s11356-020-08180-x

Cited by 132 publications

(86 citation statements)

References 75 publications

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“…A lot of studies have investigated the relationship between energy consumption and economic growth across countries and across regions (Al-Mulali et al 2016;Ozturk and Bicimveren 2018;Udemba et al 2020;Adedoyin et al 2020aAdedoyin et al , 2020bKirikkaleli et al 2020;Udi et al 2020;Tchamyou et al 2019;Asongu and Odhiambo 2019a). Some of these studies examined variants of growth-energy nexus, energy-growth nexus, and the two-way causal effect between them.…”

Section: Literature Reviewmentioning

confidence: 99%

RETRACTED ARTICLE: The effect of energy consumption on the environment in the OECD countries: economic policy uncertainty perspectives

Zakari

Adedoyin

Bekun

2021

Environ Sci Pollut Res

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In this paper, we investigate the impact of energy use and economic policy uncertainties on the environment. To achieve this objective, we use the pooled mean group-autoregressive distributed lag methodology (PMG-ARDL) and Dumitrescu and Hurlin causality test on 22 Organisation for Economic Co-operation and Development (OECD) countries between 1985 and 2017. The PMG-ARDL estimation shows that energy use and economic policy uncertainties have a positive relationship with carbon dioxide emission (CO 2 ) emission, while a negative relationship is confirmed between renewable and CO 2 emissions in the long run. The short-run estimation shows a positive relationship between energy use, real gross domestic product, and per capita on CO 2 emissions. The Dumitrescu and Hurlin causality results highlight a unidirectional running from real GDP and GDP per capita square to CO 2 emissions. Furthermore, one-way causality exists between CO 2 emissions to economic policy uncertainties. These results have policy implications on the macroeconomy which are discussed in detail in the concluding section.

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Section: Literature Reviewmentioning

confidence: 99%

RETRACTED ARTICLE: The effect of energy consumption on the environment in the OECD countries: economic policy uncertainty perspectives

Zakari

Adedoyin

Bekun

2021

Environ Sci Pollut Res

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“…Lyulyov O. and co-authors [21] maintained that green technologies lower the environmental damage. The authors of [21][22][23][24][25][26] empirically proved that green energy enhances energy security and GDP and decreases CO 2 emissions.…”

Section: Introductionmentioning

confidence: 99%

Efficiency of Electricity Production Technology from Post-Process Gas Heat: Ecological, Economic and Social Benefits

Miśkiewicz

2020

Energies

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The strengthening of ecological conflicts due to the increase of the destructive impact from industrial companies on the environment provokes the development and implementation of the eco-innovation technologies. Besides, such technologies should allow obtaining not only the ecological benefits (the decrease of the negative impact on the environment) but also the economic and social advantages which correspond to sustainable development principles. This paper aims to justify the social, ecological and economic effects from implementing a new electricity production technology from post-process gas heat at companies. The data for empirical justification were obtained from the experiment of applying the electricity production technology from post-process gas heat at Polish industrial companies. In the first stage, bibliometric analysis was used for highlighting the scientific background of economic evaluation of the innovative activity on energy technologies of industrial companies and its impact on the environment and public health. Secondly, the economic and ecological efficiency of electricity production technology for the selected company was estimated. The results of the analysis confirm that new technologies allowed increasing the energy efficiency of the company by decreasing energy consumption, increasing productivity, etc. The findings prove that one of the ecological effects was the decrease of CO2 and SO2 emissions in the air. In this case, the link between the volume of CO2 emissions and the rate of morbidity if such innovative technologies were scaled was checked. The findings show that decreasing CO2 emissions by 1% leads to a decline in the death rate by 0.5%. If the new technology were scaled and implemented among similar industrial companies, it could decrease the rate of morbidity by 0.01% The results obtained could be used by the companies’ management and policymakers in the framework to achieve sustainable development goals.

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“…According to this, it was asserted that, instead of exporting the goods of OECD countries that are members of the European Union, they followed a strategy to substitute exports by investing directly in that country. Udemba et al (2020) tested the relationship between foreign direct investments, tourism revenues, energy consumption, and economic growth in China and concluded that there was a one-way relationship between economic growth and energy consumption. In the studies carried out outside Turkey, economic growth was often used in the analysis for testing the relationship between imports and exports.…”

Section: Literaturementioning

confidence: 99%

Development of Import-Based Exports in Turkey: The ARDL Approach

TURNA¹

2021

ibr

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Turkey adopted an export-dependent growth strategy after the 1980 liberalization. In later years, with the impact of this strategy, Turkey's export structure and performance became a subject of investigation. Thus, when the export structure is evaluated, dependence of the export oriented industries on capital goods, intermediate goods, and energy is remarkable. Therefore, in this study, the development of import-based exports in Turkey between 1996:1 and 2018:4 was tested by the ARDL bound test method. As a result of the analyses, the effect of intermediate goods, capital goods, and energy imports, which have a higher amount of imports than other imported goods in the short and long term in Turkey, is noteworthy. Hence, the study is important and different from other studies in that it verifies the Turkey's industrial structure tending towards the assembly industry since its recent export structure has shown an import-oriented development and the share of imports of intermediate goods in its exports is high.

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Modeling the nexus between pollutant emission, energy consumption, foreign direct investment, and economic growth: new insights from China

Cited by 132 publications

References 75 publications

RETRACTED ARTICLE: The effect of energy consumption on the environment in the OECD countries: economic policy uncertainty perspectives

RETRACTED ARTICLE: The effect of energy consumption on the environment in the OECD countries: economic policy uncertainty perspectives

Efficiency of Electricity Production Technology from Post-Process Gas Heat: Ecological, Economic and Social Benefits

Development of Import-Based Exports in Turkey: The ARDL Approach

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