Renewable Energy, Trade and Economic Growth on Nitrous Oxide Emission in G-7 Countries Using Panel ARDL Approach

Abstract

This study's objective is to evaluate the influences of numerous variables, including trade openness, renewable energy, and gross domestic product, on nitrous oxide emissions from 1990 to 2022. The Kao and Pedroni result demonstrates that the variables are cointegrated. This study the relationships between renewable energy, GDP, and trade openness on CO2 emission in G-7 nations. Using the Panel ARDL approach, the results show that, in the long run, there is a positive and significant correlation between GDP and trade openness on nitrous oxide emission in G-7 countries. Additionally, there is an insignificant but positive link between renewable energy and N2O emissions. Our proposal to political leaders and government officials is that they should strongly encourage foreign investors to participate in the production of clean and renewable energy, such as green energy, rather than conventional energy, in order to both support the activities of our economy and promote environmental stability. The government has to impose rigorous environmental laws and regulations, as well as come up with incentives for people to follow those policies, in order to enhance the overall quality of the environment.

Comparing Effects of Green Innovation and Renewable Energy on Green Economy: The Metrics of Green Economy as Nucleus of SDGs

“…The result supports the idea that advances in incoming GI activities may result in higher levels of green growth, which is the GI-led growth hypothesis. Our study's outcomes are similar with those of contemporary empirical investigations, for example, (Tolliver, Fujii, Keeley, & Managi, 2021), (ur Rahman, 2018;Usman, Rahman, Shafique, Sadiq, & Idrees, 2023), At a 1% level of significance, the results are statistically significant. Next, we employ some crucial control variables, such as RS, GN, GT, and GJ.…”

Evaluating the Role of Natural Resources, and Financial Development on Ecological Footprint in Pakistan: An ARDL Approach

“…Due to careless consumption, ambitious consumption, competitive expansionism, and social habits, Mother Nature is suffering devastating consequences (Shrinkhal, 2019;Wackernagel & Rees, 1998). The sharp increase in conservation deprivation and associated worries prompt academics to look into the phenomena by taking into account several aspects that might contribute to the deterioration of this sustainable condition Usman, Rahman, Shafique, Sadiq, and Idrees (2023), Hence, several investigations in industrialized, undeveloped, and least developed countries have been carried out. Scholars attempted to evaluate the EKC theory Arslan et al (2023); Kanwal, Khalid, and Alam (2023), which posits an inverted U-shaped nexus connecting ED and other economic activity.…”

Green Human Resource Management (GHRM) and Environmental Performance in Pakistani Hotel Industry: The Role of Green Perceived Organizational Support (POS), Pro-Environmental Behavior and Green Innovative Work Behavior (GIWB)

“…The study has revealed that GHRM practices provide a positive work atmosphere in the workplace. We suggest that if hotel industry management encourages its employees, they will feel enforced to reciprocate by supporting Pro-environmental behavior and green innovative work behaviors (GIWB), which will lead towards Environmental performance (Bhatti, Saleem, Murtaza, & Haq, 2022;Ilyas, Banaras, Javaid, & Rahman, 2023; S. M. Khan & Saif-ur-Rehman; Ullah, ur Rahman, & Rehman, 2023;Usman, Rahman, Shafique, Sadiq, & Idrees, 2023). Third, the current study adds substantial influence to the current literature by addressing the subject of environmental performance in the services sector, specifically in the hotel industry, which is confronting several issues.…”