The impact of global competitiveness on the growth of bioenergy industry in <scp>EU</scp>‐28 region

Alsaleh, Mohd; Zubair, Azeem Oluwaseyi; Abdul‐Rahim, Abdul Samad

doi:10.1002/sd.2085

Cited by 46 publications

(30 citation statements)

References 54 publications

Supporting

Mentioning

Contrasting

Order By: Relevance

“…This study applied the novel approach to estimating cross-sectional data developed by Stock and Watson (1993) [5]. In contrast to the empirical time series and cross-country data tools used in previous studies, such as the widely used panel co-integration model by Phillips and Hansen (1990) [6], the present study uses the recently developed model, analyzing the co-integration methods of dynamic and fully modified panel explaining the significant impacts of regressors on the dependent variable and addressing the complications of behavior and interpretation of the predominant co-integration model of the panel.…”

Section: Social Businesses Status In Eu28 Regionmentioning

confidence: 99%

Does Social Businesses Development Affect Bioenergy Industry Growth under the Pathway of Sustainable Development?

2021

Self Cite

View full text Add to dashboard Cite

The Treaty of European Union (EU) sets out the EU vision for sustainable development of Europe based on balanced economic growth and price stability, a highly competitive social market economy, aiming at full employment and social progress, and a high level of protection and improvement of the quality of the environment. This led us to ask whether or not social business development stimulates the development of the bioenergy sector in the EU28 countries. Given the increasing rates of energy insecurity, environmental pollution, poverty, and unemployment, countries are switching to alternative energy sources that might promote social business development, climate change, and environmental quality. In this scenario, the bioenergy industry has received the attention of scholars and policymakers alike. The role social business development can play in the growth of the bioenergy industry remains uncertain, therefore, further investigation is necessary. This study, therefore, explores the relationships between the bioenergy industry and social business development indicators related to zero emissions, zero poverty, and zero unemployment for EU28 region countries from 1990 to 2018. Empirical evidence is based on the use of a new economic model, dynamic panel co-integration simulations (Fully Modified Ordinary Least Square, Dynamic Ordinary Least Square, and Pooled Ordinary Least Square). The results reveal a negative relationship between EU28′s bioenergy industry growth and carbon dioxide emissions, vulnerable employment, and unemployment rate, suggesting that bioenergy industry growth helps reduce pollution and unemployment. Likewise, bioenergy industry growth increases food supply, economic growth, and female employment and might be the best alternative to fossil fuels. Necessary policy related to bioenergy industry growth can be formulated, especially in achieving the sustainable development goals for social businesses.

show abstract

Section: Social Businesses Status In Eu28 Regionmentioning

confidence: 99%

Does Social Businesses Development Affect Bioenergy Industry Growth under the Pathway of Sustainable Development?

2021

Self Cite

View full text Add to dashboard Cite

show abstract

“…Global climate change has resulted in huge impacts across all regions and numerous sectors of the economy that are expected to grow in the coming decades (Shea & Thornton, 2019; Ulucak & Danish, 2020). The context of global climate change has been highlighted in many previous works in various application areas (Alsaleh, Zubair, & Abdul‐Rahim, 2020). Globalization and liberalization in the economy have caused consumerism to surge, especially in modern civilization dramatically.…”

Section: Literature Reviewmentioning

confidence: 99%

Evaluating the green growth indicators to achieve sustainable development: A novel extended interval‐valued intuitionistic fuzzy‐combined compromise solution approach

Alrasheedi

Mardani

Mishra³

et al. 2020

Sustainable Development

View full text Add to dashboard Cite

Recent years have witnessed the green growth as a renowned efficient approach to tracking the progress towards sustainable development. The paper is mainly aimed to propose an innovative extended approach based on Combined Compromise Solution (CoCoSo) and Interval‐Valued Intuitionistic Fuzzy Set (IVIFS); thus, it is called IVIF Combined Compromise Solution (IVIF‐CoCoSo). This study is the first effort that used the fuzzy sets theory and decision‐making technique (entitled IVIF‐CoCoSo) to rank and evaluate the indicators of green growth to sustainable manufacturing in the manufacturing sector. To reach the study objectives, a total of five indicators and 30 sub‐indicators for evaluation of green growth are collected from the existing literature review. Subsequently, this study has been extended using the IVIF‐CoCoSo approach for ranking, modeling, and evaluating the green growth indicators into sustainable manufacturing based on experts' opinions. The results of this study showed that the environmental and resource productivity of the economy indicators is more significant than the other indicators in the manufacturing sector. Moreover, findings confirmed the accuracy of the proposed method in solving the green growth problem, and comparison was also made between the results of the proposed method and some other Multi‐Criteria Decision Making (MCDM) methods.

show abstract

“…In particular, the impact magnitude for EU15 and EU13 countries is 0.050 and 0.011, respectively. This indicates that a significant transformation in the natural landscape can occur in EU15 developed countries by increasing economic activates than in EU13 underdeveloped countries [73,74]. The findings point out that the negative impact of institutional quality on land-use change is greater in the EU13 members than in the EU15 members.…”

Section: Discussionmentioning

confidence: 84%

Land-Use Change Impacts from Sustainable Hydropower Production in EU28 Region: An Empirical Analysis

2021

Self Cite

View full text Add to dashboard Cite

Under the current European Union (EU) constitution approved in May 2018, EU countries ought to guarantee that estimated greenhouse-gas releases from land use, land-use change, or forestry are entirely compensated by an equivalent accounted removal of carbon dioxide (CO2) from the air during the period between 2021 and 2030. This study investigates the effect of sustainable hydropower production on land-use change in the European Union (EU28) region countries during 1990–2018, using the fully modified ordinary least squares (FMOLS). The results revealed that land-use change incline with an increase in hydropower energy production. In addition, economic growth, carbon dioxide emissions, and population density are found to be increasing land-use changes, while institutional quality is found to be decreasing land-use change significantly. The finding implies that land-use change in EU28 region countries can be significantly increased by mounting the amount of hydropower energy production to achieve Energy Union aims by 2030. This will finally be spread to combat climate change and environmental pollution. The findings are considered robust as they were checked with DOLS and pooled OLS. The research suggests that the EU28 countries pay attention to the share of hydropower in their renewable energy combination to minimize carbon releases. Politicians and investors in the EU28 region ought to invest further in the efficiency and sustainability of hydropower generation to increase its production and accessibility without further degradation of forest and agricultural conditions. The authorities of the EU28 region should emphasize on efficiency and sustainability of hydropower energy with land-use management to achieve the international commitments for climate, biodiversity, and sustainable development, reduce dependence on fossil fuel, and energy insecurity.

show abstract

The impact of global competitiveness on the growth of bioenergy industry in EU‐28 region

Cited by 46 publications

References 54 publications

Does Social Businesses Development Affect Bioenergy Industry Growth under the Pathway of Sustainable Development?

Does Social Businesses Development Affect Bioenergy Industry Growth under the Pathway of Sustainable Development?

Evaluating the green growth indicators to achieve sustainable development: A novel extended interval‐valued intuitionistic fuzzy‐combined compromise solution approach

Land-Use Change Impacts from Sustainable Hydropower Production in EU28 Region: An Empirical Analysis

Contact Info

Product

Resources

About