The Impact of Renewable Energy, Urbanization, and Environmental Sustainability Ratings on the Environmental Kuznets Curve and the Pollution Haven Hypothesis

Wang, Chi-Hui; Padmanabhan, Prasad; Huang, Chia‐Hsing

doi:10.3390/su132413747

Cited by 6 publications

References 71 publications

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Which is more important, foreign direct investment inflow or outflow, on the pollution of European Union countries? Evidence from Panel Fourier symmetric and asymmetric causality

Tutuncu,

Altin,

Yildirim

2023

Environ Sci Pollut Res

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Uncertainty remains regarding the impact of foreign direct investments on countries' environmental policies and pollution levels. Therefore, this study examines the relationship between foreign direct investment in ows, out ows, and carbon dioxide emissions for EU (European Union) member states. Accordingly, the data for the period 1993-2019 were subjected to the Panel Fourier symmetric and asymmetric causality tests for 21 EU countries. According to the panel Fourier symmetric causality test results, the effect of foreign investment out ows on carbon dioxide emissions is more dominant in general. While there is a bidirectional relationship between these variables in the Austrian and Slovak Republics, there is a unidirectional relationship between foreign investment out ows to carbon dioxide emissions in Belgium, Bulgaria, Cyprus, Ireland, and Portugal. On the other hand, one-way causality was found from foreign investment in ows to carbon dioxide emissions in Belgium, Cyprus, France, Ireland, and Romania and from carbon dioxide emissions to foreign investment in ows in Finland, Greece, and Sweden. According to the panel Fourier asymmetric causality test results, causality between variables is statistically signi cant in many countries. This shows that the asymmetric relationship is essential for the variables.

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Which is more important, foreign direct investment inflow or outflow, on the pollution of European Union countries? Evidence from Panel Fourier symmetric and asymmetric causality

Tutuncu,

Altin,

Yildirim

2023

Environ Sci Pollut Res

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Policy and Institutions for Environmental Sustainability and Green Growth: The Moderating Effect of Renewable Energy and CO2 Emissions

Khalfaoui,

Saada,

Guenichi

2024

J. Env. Assmt. Pol. Mgmt.

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Reducing environmental degradation due to the waste of natural resources and increasing global warming have been the main sustainable development goals for preserving biodiversity and ensuring sustainable growth established by the United Nations since 2015. Elucidating these goals requires effective and efficient environmental policies, substantial financial resources, and technological innovation to ensure an energy transition and reduce fossil fuel divestment and polluting technologies. In this context, this paper aims to examine the impact of environmental sustainability policy and institutions on green economic growth. Using a CS-ARDL panel model for a sample of 69 low-income countries in Africa, Asia, Europe, and North America over the period 2005-2020, we find that the effect of environmental sustainability policy and institutions on green GDP per capita is positive and statistically significant. The intensity of this effect is moderated by increases in renewable energy consumption and decreases in CO2 emissions. Furthermore, the subsample analysis indicates that the relationships between environmental sustainability policy and institutions and green growth remain positive for the four continents. In the long run, the intensity of this effect is stronger in Europe and Asia than in America and Africa. Moreover, these impacts are more effective as renewable energy increases and CO2 emissions decrease. It seems to be more important in Europe and Asia than in America and Africa. Overall, low-income countries should pay particular attention to policy and institutional index for environmental sustainability to promote green growth, taking into account the moderating effect of renewable energy consumption and CO2 emissions reduction.

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Which is More Important, Foreign Direct Investment Inflow or Outflow, on the Pollution of European Union Countries?: Evidence from Panel Fourier Symmetric and Asymmetric Causality

Tutuncu

ALTIN

Yıldırım

2023

Preprint

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Uncertainty remains regarding the impact of foreign direct investments on countries' environmental policies and pollution levels. Therefore, this study examines the relationship between foreign direct investment inflows, outflows, and carbon dioxide emissions for EU (European Union) member states. Accordingly, the data for the period 1993–2019 were subjected to the Panel Fourier symmetric and asymmetric causality tests for 21 EU countries. According to the panel Fourier symmetric causality test results, the effect of foreign investment outflows on carbon dioxide emissions is more dominant in general. While there is a bidirectional relationship between these variables in the Austrian and Slovak Republics, there is a unidirectional relationship between foreign investment outflows to carbon dioxide emissions in Belgium, Bulgaria, Cyprus, Ireland, and Portugal. On the other hand, one-way causality was found from foreign investment inflows to carbon dioxide emissions in Belgium, Cyprus, France, Ireland, and Romania and from carbon dioxide emissions to foreign investment inflows in Finland, Greece, and Sweden. According to the panel Fourier asymmetric causality test results, causality between variables is statistically significant in many countries. This shows that the asymmetric relationship is essential for the variables.

show abstract

The Impact of Renewable Energy, Urbanization, and Environmental Sustainability Ratings on the Environmental Kuznets Curve and the Pollution Haven Hypothesis

Cited by 6 publications

References 71 publications

Which is more important, foreign direct investment inflow or outflow, on the pollution of European Union countries? Evidence from Panel Fourier symmetric and asymmetric causality

Which is more important, foreign direct investment inflow or outflow, on the pollution of European Union countries? Evidence from Panel Fourier symmetric and asymmetric causality

Policy and Institutions for Environmental Sustainability and Green Growth: The Moderating Effect of Renewable Energy and CO2 Emissions

Which is More Important, Foreign Direct Investment Inflow or Outflow, on the Pollution of European Union Countries?: Evidence from Panel Fourier Symmetric and Asymmetric Causality

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