Role of country risks and renewable energy consumption on environmental quality: Evidence from MINT countries

Adebayo, Tomiwa Sunday; Kartal, Mustafa Tevfik; Ağa, Mehmet; Al‐Faryan, Mamdouh Abdulaziz Saleh

doi:10.1016/j.jenvman.2022.116884

Cited by 182 publications

(43 citation statements)

References 57 publications

Supporting

Mentioning

Contrasting

Order By: Relevance

“…For this reason, the BRICS nations should progressively switch from using fossil fuels to renewable sources of energy in order to maintain the current rate of economic expansion. Similar findings were also reported by the studies of Adebayo et al (2023) for Brazil, Ike et al (2020) and Afshan et al (2022). The study's findings show a positive connection regarding the effects of using renewable energy sources on ecological quality.…”

Section: Discussion Of Findingssupporting

confidence: 90%

See 1 more Smart Citation

Towards unlocking the chain of sustainable development in the BRICS economies: Analysing the role of economic complexity and financial risk

Adebayo

2023

Geological Journal

Self Cite

View full text Add to dashboard Cite

In response to the mounting risks posed by climate change, innovation and mitigation of pollution have emerged as key drivers of sustainable growth and the environment. This research aims to explore the effect of economic complexity and financial risk on the load capacity factor. The research employed a series of second-generation techniques such as a method of moment quantile regression and Dumitrescu Hurlin panel causality covering the period between 1990 and 2018. The findings provided convincing evidence of cointegration. The long-run analysis showed that renewable energy use, economic complexity and financial risk contribute to ecological quality.However, non-renewable energy and economic progress threaten ecological quality by lessening the load capacity factor. The research revealed causality from financial risk, economic growth, disintegrated energy and economic complexity to load capacity factor. Lastly, a policy framework is proposed based on the study findings to accomplish the sustainable development goals (SDGs) 7, 13 and 17.

show abstract

Section: Discussion Of Findingssupporting

confidence: 90%

“…Therefore, low financial risk in the BRICS nations contributes to improved ecological quality. The studies of Adebayo et al (2023) for the BRICS and Zhao et al (2021) for non‐RCEP countries concur with the study findings.…”

Section: Discussion Of Findingssupporting

confidence: 84%

Towards unlocking the chain of sustainable development in the BRICS economies: Analysing the role of economic complexity and financial risk

Adebayo

2023

Geological Journal

Self Cite

View full text Add to dashboard Cite

show abstract

“…The findings provide new insights into how CO 2 e are caused by economic growth, which is demonstrated by a positive linkage exists between both factors at short-term and long-term time-frequencies. Adebayo et al ( 2023b ) employ CS-ARDL method, common correlated effects mean group (CCEMG), and AMG to investigate the impact of country risks and renewable energy usage on environmental quality and economic growth in MINT countries (Mexico, Indonesia, Nigeria, and Turkey) from 1990-2018. The findings indicated that economic growth, political risk, trade openness, and urbanization, all contribute to an upsurge in ecological footprint; nevertheless, environmental quality is positively influence by renewable energy use as well as economic and financial risks.…”

Section: Literature Reviewmentioning

confidence: 99%

Exploring the interrelationship among health status, CO2 emissions, and energy use in the top 20 highest emitting economies: based on the CS-DL and CS-ARDL approaches

Sohail

Jin-feng

Abbasi

2023

Air Qual Atmos Health

View full text Add to dashboard Cite

Carbon dioxide emissions (CO 2 e) which is caused by energy use contributes to the global average surface temperature increase by 1.5 °C as compared to the mid-1800s which is causing a certain change in the climate and becoming an adverse effect on health and economy. The relationship between health status, CO 2 e, and energy use has yet to be thoroughly investigated in the top 20 highest emitting economies. The data from 2000 to 2019 is analyzed by using advanced techniques of cross-sectional augmented distributed lag (CS-DL) and cross-sectional augmented autoregressive distributed lag (CS-ARDL) which take into consideration crucial elements of panel data, namely dynamics, heterogeneity, and cross-sectional dependence. Moreover, cross-sectional augmented error correction method (CS-ECM) and the common dynamic process of the augmented mean group (AMG) are applied for robustness checks. The empirical findings revealed that (i) CO 2 e weakens the health status only in the short-run, whereas health expenditure improves the health status in the both short- and long-runs, while economic growth is not contributing to the health status in the both short- and long-runs; (ii) health expenditure and economic growth only help to mitigate CO 2 e in the long-run, whereas energy use causes CO 2 e in the both short- and long-runs; (iii) energy use causes high economic growth in the both short- and long-runs, whereas CO 2 e aids economic growth in the short-run but is extremely damaging to economic growth in the long-run, while in the both short- and long-runs health expenditure is not aiding the economic growth. This study provides policy recommendations on improving human health by advocating massive health expenditures, CO 2 e easing, promoting renewable energy use or low-emission energy, and steering the economy toward green economic growth. Graphical abstract

show abstract

“…By increasing the use of solar power, wind power, hydropower, and other forms of clean energy, Bangladesh can reduce its reliance on fossil fuels while supporting economic growth and improving access to electricity for its citizens. While there are still obstacles to overcome in terms of policy changes and infrastructure improvements needed for the widespread adoption of renewable energy sources, it is clear that this shift toward sustainability is crucial for both environmental protection and long-term economic success in Bangladesh (24)(25)(26)(27)(28)(29)(30)(31)(32)(33)(34)(35)(36).…”

Section: Literature Reviewmentioning

confidence: 99%

Nexus between financial developments, renewable energy consumption and environmental sustainability in Bangladesh: Evidence from ARDL and NARDL

Qamruzzaman¹

2023

World J. Adv. Res. Rev.

View full text Add to dashboard Cite

The goal of this research was to examine the effects of Bangladesh’s economic growth, trade liberalization, renewable energy consumption, financial development, and FDI on environmental sustainability from 1990 to 2019. Both the combined cointegration and Makki cointegration tests and the cointegration test with symmetry and asymmetry found evidence of long-run cointegration between the explained and explanatory factors. As shown by the coefficients of FD, TO, and FDI, population haven theory suggests that FD, TO, and FDI have hastened environmental deterioration in Bangladesh. Furthermore, the asymmetric evaluation revealed the nonlinear association between explained and explanatory factors throughout the long and short term.

show abstract

Role of country risks and renewable energy consumption on environmental quality: Evidence from MINT countries

Cited by 182 publications

References 57 publications

Towards unlocking the chain of sustainable development in the BRICS economies: Analysing the role of economic complexity and financial risk

Towards unlocking the chain of sustainable development in the BRICS economies: Analysing the role of economic complexity and financial risk

Exploring the interrelationship among health status, CO2 emissions, and energy use in the top 20 highest emitting economies: based on the CS-DL and CS-ARDL approaches

Nexus between financial developments, renewable energy consumption and environmental sustainability in Bangladesh: Evidence from ARDL and NARDL

Contact Info

Product

Resources

About