Revisiting the asymmetric outcome of renewable and nonrenewable energy on environmental quality in South and East Asia: An application of a broad-spectrum approach

Hameed, Shahzad; Wei, Wei; Farrukh, Muhammad Umer; Li, Shuangyan; Ilyas, Muhammad; ul-Haq, Inam

doi:10.1016/j.renene.2022.11.032

Cited by 8 publications

(4 citation statements)

References 29 publications

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“…Environmental degradation due to industrialization is also well explored by the researchers, and our results are consistent with the literature (Avenyo & Tregenna, 2022; Sumaira Siddique, 2023). Further, researchers have also well‐documented environmental degradation due to non‐renewable energy (Apergis et al, 2023; Hameed et al, 2023; Zahoor et al, 2023). Furthermore, the coefficient of population density shows a 0.253% rise in CO 2 emissions with every 1% increase in population density.…”

Section: Resultsmentioning

confidence: 99%

“…Balogh and Jámbor (2017) looked at the factors that affect CO 2 emissions and found that while coal‐based power generation has increased environmental pollution, nuclear and renewable energy generation help to reduce CO 2 emissions. Recent literature has primarily demonstrated the detrimental effects of non‐renewable energy use on the environment (Apergis et al, 2023; Hameed et al, 2023; Zahoor et al, 2023). Numerous studies have examined the relationship between economic growth and pollution, with non‐renewable energy sources playing a mediating role.…”

Section: Literature Reviewmentioning

confidence: 99%

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Unveiling the complexities of sustainable development: An investigation of economic growth, globalization and human development on carbon emissions in 64 countries

Patel,

Kautish,

Shahbaz

2023

Sustainable Development

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To achieve Sustainable Development Goals, countries face the challenge of expanding economic activities while mitigating pollution. Using the panel autoregressive distributed lag and panel non‐linear autoregressive distributed lag approach, this study investigates the effects of globalization, economic development, human development, industrialization, non‐renewable energy, and population density on the carbon emissions (CO2) of 64 countries. This study validates the Environmental Kuznets Curve hypothesis in upper‐ and lower‐middle‐income countries. However, low‐income countries exhibit a U‐shaped relationship, while high‐income countries have successfully mitigated CO2 emissions to some extent. The analysis shows bidirectional causality between CO2 emissions and other variables, except for one‐way causality from globalization to CO2 emissions. Manufacturing in upper‐ and lower‐middle‐income countries depends on conventional energy sources, indicating the need for policies to promote renewable energy sources. The findings have significant policy implications for enhancing environmental sustainability and achieving sustainable economic growth while mitigating CO2 emissions to achieve the SDGs.

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Section: Resultsmentioning

confidence: 99%

Section: Literature Reviewmentioning

confidence: 99%

Unveiling the complexities of sustainable development: An investigation of economic growth, globalization and human development on carbon emissions in 64 countries

Patel,

Kautish,

Shahbaz

2023

Sustainable Development

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“…A study conducted on the German market (Keeley et al, 2020) shows that electricity from wind and solar sources has helped to reduce the price of energy quoted on spot markets according to the seasonality of generation, with wind power having the most stable effect. Another study (Hameed et al, 2023) analyzes the possibility of stopping environmental degradation by using renewable hydropower energy.…”

Section: Analyzing the Socio-economic And Energy Implications Of Gree...mentioning

confidence: 99%

Analyzing the Socio-Economic and Energy Implications of Green Economy Transition Across Six EU Member States

Fortea,

Marius,

Romeo

et al. 2024

ERSJ

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Purpose:The transition to a green economy is on the European Agenda as a main objective together with climate neutrality whose implementation horizon is 2050. In order to achieve this significant objective, the European Union promotes a regulatory framework based on directives, actions and plans with a view to linking the economy with sustainable development objectives and projects to protect the environment and combat climate change. Design/Methodology/Approach: In this context, we propose to carry out a study on the economic-energy impact of the transition to a green economy by selecting 6 countries according to the criteria for action against climate change and the greenhouse gas emission reduction targets for 2020. The 6 Member States analyzed are

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“…Additionally, utilizing provincial panel data from 2000 to 2013,Xu and Lin [71], used a nonparametric additive regression model to evaluate the EKC in China, and their findings supported the inverted U-shaped EKC theory. Numerous empirical studies on the CO2E and growth nexus in the context of EKC have been conducted on ASEAN economies, focusing on the national and regional levels [9,16,[72][73][74][75][76]. A small number of studies have evaluated CO2E in the context of EKC, with an emphasis on the industrial and construction sectors.…”

Section: Literature Reviewmentioning

confidence: 99%

Exploring the liaison between industrial CO2 emissions and economic growth in ASEAN countries: A dis-aggregated analysis

Shahzad,

Ul-Haq,

Cheema

et al. 2023

5003

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Global warming has become an emerging and serious issue in the world, with adverse effects on human life and a threat to survival. Besides being a key contributor to a country's economic growth (EG), the manufacturing and construction sector (M&C) is also one of the major sectors that cause environmental degradation. We investigate the link between M&C’s CO2E and economic growth (both overall and sectoral growth) in the context of the Environmental Kuznets Curve (EKC) at aggregate and disaggregate levels in the Associations of Southeast Asia Nations (ASEAN), using data from 1995 to 2018. We employ the feasible generalized least squares (FGLS) and Panel-Corrected Standard Errors (PCSE) estimation techniques to examine the existence of the Environmental Kuznets Curve (EKC) at aggregate and disaggregate levels in ASEAN countries. We find evidence of an inverted U-shaped EKC at both the aggregate and disaggregate levels. After including other variables such as financial development, urbanization, foreign direct investment, and manufactured goods exports, our findings are robust and statistically significant. Our study suggests that policymakers should sanction such measures to reduce CO2 emissions from the M&C sector while maintaining economic growth.

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Revisiting the asymmetric outcome of renewable and nonrenewable energy on environmental quality in South and East Asia: An application of a broad-spectrum approach

Cited by 8 publications

References 29 publications

Unveiling the complexities of sustainable development: An investigation of economic growth, globalization and human development on carbon emissions in 64 countries

Unveiling the complexities of sustainable development: An investigation of economic growth, globalization and human development on carbon emissions in 64 countries

Analyzing the Socio-Economic and Energy Implications of Green Economy Transition Across Six EU Member States

Exploring the liaison between industrial CO2 emissions and economic growth in ASEAN countries: A dis-aggregated analysis

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