The impact of globalization on the ecological footprint: do convergence clubs matter?

Apaydın, Şükrü; Ursavaş, Uğur; Koç, Ümit

doi:10.1007/s11356-021-14300-y

Cited by 36 publications

(6 citation statements)

References 69 publications

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“…Correspondingly, the results for all models illustrate the fact that EFP is statistically influenced by FG. These results are consistent with the studies of Ahmad et al (2021) for the G7 countries and Apaydin et al (2021) for 130 countries. The positive effect of FG on EFP could be because multinational companies invest in polluting industries in the host countries, which has lower environmental standards than the home economy (Cole, 2004).…”

Section: Resultssupporting

confidence: 93%

Spatial spillover effects of green technology innovation and renewable energy on ecological sustainability: New evidence and analysis

Radmehr,

Shayanmehr,

Baba

et al. 2023

Sustainable Development

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Rapid industrialization and modernization have drastically impaired ecological sustainability and increased ecological footprint (EFP). Despite the vital relevance of renewable energy (REC) and green technological innovation (GTI), in many facets of life, the part played by these factors and their spatial spillover effects in exploring ecological sustainability in EU countries has yet to be well studied. Thus, using a spatial panel econometric technique, this research investigates the direct and spillover effects of GTI and REC on ecological sustainability in 20 selected EU nations between 1995 and 2018. First, the empirical results affirm a positive spatial connection of EFP across nations, implying that employing spatial models can provide more trustworthy results than traditional econometric approaches. Second, both GTI and REC tend to significantly promote domestic ecological sustainability. Third, the environmental quality of EU countries benefit from the high GTI, REC, and human capital of their neighboring nations. Fourth, economic growth and financial globalization (FG) have a negative and significant effect on environmental quality. Other empirical analyses indicated that the indirect effect of FG on EFP is positive and significant. With a focus on the EU countries, this paper assists policymakers in developing a comprehensive strategy for enhancing ecological responsibility via renewable energy and green technology innovation.

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Section: Resultssupporting

confidence: 93%

Spatial spillover effects of green technology innovation and renewable energy on ecological sustainability: New evidence and analysis

Radmehr,

Shayanmehr,

Baba

et al. 2023

Sustainable Development

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“…This shows that, as a result of economic globalization and the removal of barriers to capital movement and foreign direct investment (FDI), polluting multinational corporations that use higher CO 2 emissions in their production are beginning to relocate from countries with strict environmental regulations to countries with weaker environmental regulations. The third conclusion is that there is no relationship between EG and EF: Yilanci & Gorus (2020), Ahmed et al (2019) and Apaydin et al (2021) did not find any significant relationship between EG and EF in their studies.…”

Section: Figure 1 Relationship Between Globalization and Environmenta...mentioning

confidence: 88%

The relationship between economic globalization and ecological footprint: empirical evidence for developed and developing countries

Çeliköz

Yıldız

Arslan

et al. 2022

Agric. resour. econ.

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Purpose. The aim of this study is to examine the relationship between economic globalization and the ecological footprint in countries with different levels of development using a Feasible Generalized Least Squares (FGLS) analysis. Methodology / approach. The study covers the years 1970 to 2017 for 65 developed and developing countries. The ecological footprint is the dependent variable in the study’s model, and the GDP and KOF Globalization Index (KOF) index are the independent variables. The CADF panel unit root test, which takes into account cross-sectional dependence, was used to choose the appropriate test method for the analysis. Feasible Generalised Least Square and Westerlund ECM panel cointegration analyses were performed for model estimation. Results. Economic globalization and ecological footprint have a considerable relationship, according to the results of FGLS and Westerlund cointegration analysis. Economic globalization has a long-run negative impact on the ecological footprint. Environmental problems are being addressed as a result of more economic globalization, faster technology development, and consequently decreased usage of natural resources. Furthermore, as globalization and communication technologies develop, societies will have more information on the importance of the environment. As a result, they can show more eco-friendly behavior. Originality / scientific novelty. Several studies in the literature include the cointegration relationship between economic globalization and ecological footprint. Although there are few studies on this topic in the literature, one aspect that distinguishes this study is the use of an estimation method that takes into account the cross-sectional dependent, second-generation unit root tests, FGLS cointegration analysis, and Westerlund ECM analysis. Practical value / implications. The importance of the findings is that increased economic globalization has a negative effect on the ecological footprint. As economic globalization increases, so does communication technology, as well as international trade. Individuals become more environmentally conscious as a result of communication, which generally reduces ecological footprint.

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“…A large number of studies in the area of ecology have also been devoted to discovering convergence in ecological footprint (e.g. Ulucak & Apergis, 2018; Solarin et al., 2019; Ulucak et al., 2020; Apaydin et al., 2021; Belloc & Molina, 2022), eco‐efficiency (e.g. Camarero, Picazo‐Tadeo et al., 2013; Camarero et al., 2014; Tang et al., 2020; Polemis et al., 2021), and greenhouse gas emissions (e.g.…”

Section: Literature Reviewmentioning

confidence: 99%

A review of Phillips‐Sul approach‐based club convergence tests

Tomal

2023

Journal of Economic Surveys

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The Phillips‐Sul approach to testing the club convergence hypothesis has attracted considerable research interest in recent years due to its advantages over alternative methods. This paper aims to review theoretical papers that extend the Phillips‐Sul approach, empirical studies that apply Phillips‐Sul approach‐based club convergence tests, as well as the software used to execute these methods. The review revealed that, first, the Phillips‐Sul approach has seen modifications regarding the procedure of trend extraction from time series, the log t regression and the algorithm clustering panel units into convergence clubs. Second, the Phillips‐Sul approach has been widely used not only in economics and finance but also in ecological, energy and health studies. Finally, the paper provides guidance for further development of the Phillips‐Sul approach. This review is useful for researchers and practitioners investigating convergence and club convergence processes.

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The impact of globalization on the ecological footprint: do convergence clubs matter?

Cited by 36 publications

References 69 publications

Spatial spillover effects of green technology innovation and renewable energy on ecological sustainability: New evidence and analysis

Spatial spillover effects of green technology innovation and renewable energy on ecological sustainability: New evidence and analysis

The relationship between economic globalization and ecological footprint: empirical evidence for developed and developing countries

A review of Phillips‐Sul approach‐based club convergence tests

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