The roles of energy efficiency improvement, renewable electricity production, and financial inclusion in stimulating environmental sustainability in the Next Eleven countries

Khan, Samiha; Murshed, Muntasir; Öztürk, İlhan; Khudoykulov, Khurshid

doi:10.1016/j.renene.2022.05.065

Cited by 115 publications

(32 citation statements)

References 66 publications

Supporting

Mentioning

Contrasting

Order By: Relevance

“…This finding is consistent with the study of Chica-Olmo et al ( 2020 ) for the case of 26 European countries. Besides, Khan et al ( 2022 ) exposed that energy efficiency and renewable electricity decrease the CO 2 emissions in the Next Eleven countries. In the long term, however, economic growth, financial inclusion, and trade openness are major factors influencing CO 2 emissions.…”

Section: Introductionmentioning

confidence: 99%

The impact of economic uncertainty, economic growth and energy consumption on environmental degradation in MENA countries: Fresh insights from multiple thresholds NARDL approach

Ayad¹,

Sari-Hassoun²,

Usman

et al. 2022

Environ Sci Pollut Res

View full text Add to dashboard Cite

This paper explores the influence of economic policy uncertainty on environmental quality in selected MENA countries depending on an augmented STIRPAT model over the period 1970–2020. ARDL model and its extensions like augmented ARDL, augmented NARDL, and MTNARDL models are applied to detect any possible effect from uncertainty index to carbon dioxide (CO 2 ) emissions. The empirical results reveal the validity of environmental Kuznet curve (EKC) curve in all the countries. Moreover, the results show that the uncertainty index enhances environmental degradation, especially in extremely large changes in Morocco, Turkey, and Iran. Besides, the findings reveal that energy consumption and population in the entire sample escalates CO 2 emissions over the study period. Consequently, policymakers in MENA countries should consider the economic uncertainty index, particularly in light of its recent rise, when developing any strategies and plans aimed at improving environmental standards, as well as the need to encourage the use of renewable energies in order to increase the percentage of their contribution to total energy consumption.

show abstract

Section: Introductionmentioning

confidence: 99%

The impact of economic uncertainty, economic growth and energy consumption on environmental degradation in MENA countries: Fresh insights from multiple thresholds NARDL approach

Ayad¹,

Sari-Hassoun²,

Usman

et al. 2022

Environ Sci Pollut Res

View full text Add to dashboard Cite

show abstract

“…The composition effect may alter the pattern of production from dirty to cleaner processes. On the other hand, the technique effect may promote cleaner technologies and/or energy efficiency in the production processes ( Khan et al, 2022 ). In all of this journey, energy consumption would play a significant role in shaping the EKC hypothesis ( Shahbaz & Sinha, 2019 ; Dogan & Turkekul, 2016 ; Rahman, Nepal & Alam, 2021 ; Murshed, Haseeb & Alam, 2022 ).…”

Section: Methodsmentioning

confidence: 99%

Nuclear energy transition and CO₂ emissions nexus in 28 nuclear electricity-producing countries with different income levels

Mahmood¹

2022

PeerJ

View full text Add to dashboard Cite

Background Nuclear energy carries the least environmental effects compared to fossil fuels and most other renewable energy sources. Therefore, nuclear energy transition (NET) would reduce pollution emissions. The present study investigates the role of the NET on CO2 emissions and tests the environmental Kuznets curve (EKC) in the 28 nuclear electricity-producing countries from 1996–2019. Methods Along with a focus on the whole panel, countries are divided into three income groups using the World Bank classification, i.e., three Lower-Middle-Income (LMI), eight Upper-Middle-Income (UMI), and 17 High-Income (HI) countries. The cross-sectional dependence panel data estimation techniques are applied for the long and short run analyses. Results In the long run, the EKC is corroborated in HI countries’ panel with estimated positive and negative coefficients of economic growth and its square variable. The Netherlands, Sweden, Switzerland, and the USA are found in the 2nd stage of the EKC. However, the remaining HI economies are facing 1st phase of the EKC. Moreover, economic growth has a monotonic positive effect on CO2 emissions in LMI and UMI economies. NET reduces CO2 emissions in UMI and HI economies. On the other hand, NET has an insignificant effect on CO2 emissions in LMI economies. In the short run, the EKC is validated and NET has a negative effect on CO2 emissions in HI countries and the whole panel. However, NET could not affect CO2 emissions in LMI and UMI countries. Based on the long-run results, we recommend enhancing nuclear energy transition in UMI and HI economies to reduce CO2 emissions. In addition, the rest of the world should also build capacity for the nuclear energy transition to save the world from global warming.

show abstract

“…A growing number of studies have assessed the critical role of government debt on economic growth (Baidoo et al, 2021;Yusuf and Mohd, 2021;Khan et al, 2022;Yang et al, 2022), fiscal policy, urban pollution (Qi et al, 2022), interest rates (Smith et al, 2022), and foreign direct investment (Zainuddin et al, 2021). Government debt may promote aggregate demand, resulting in near-term positive growth.…”

Section: Effects Of Government Debtmentioning

confidence: 99%

Nexus between government debt, economic policy uncertainty, government spending, and governmental effectiveness in BRIC nations: Evidence for linear and nonlinear assessments

Qamruzzaman²

2022

Front. Environ. Sci.

View full text Add to dashboard Cite

Quality institutions augment economic sustainability by ensuring domestic resource optimization with equitable development principles. Therefore, ensuring this equitable development and quality institutions is required. This study assessed the effects of government debt, uncertainty of economic policies, and government spending on institutional quality, as measured by governmental effectiveness in BRIC (Brazil, Russia, India, and China) nations from1990–2020. This study applied several econometrical techniques for empirical nexus assessment, including Augmented ARDL, nonlinear Autoregressive Distributed Lagged (ARDL), and Fourier Toda-Yamamoto causality tests. This study documented long-run cointegration in both symmetry and asymmetric assessments. In the long run, both government debt and uncertain economic policies were significantly negatively associated with institutional quality, while government spending and institutional quality were positively associated. Furthermore, the results of asymmetric ARDL revealed both long- and short-run asymmetric relationships between institutional quality and government debt, EPU, and government spending. The directional causality test documented bidirectional causality between debt and institutional quality in all nations, whereas mixed causalities were detected for uncertain economic policy, institutional quality, and government spending. Regarding policy, the results of this study suggested that economic stability was indispensable for efficient institutional quality in BRIC nations.

show abstract

The roles of energy efficiency improvement, renewable electricity production, and financial inclusion in stimulating environmental sustainability in the Next Eleven countries

Cited by 115 publications

References 66 publications

The impact of economic uncertainty, economic growth and energy consumption on environmental degradation in MENA countries: Fresh insights from multiple thresholds NARDL approach

The impact of economic uncertainty, economic growth and energy consumption on environmental degradation in MENA countries: Fresh insights from multiple thresholds NARDL approach

Nuclear energy transition and CO₂ emissions nexus in 28 nuclear electricity-producing countries with different income levels

Nexus between government debt, economic policy uncertainty, government spending, and governmental effectiveness in BRIC nations: Evidence for linear and nonlinear assessments

Contact Info

Product

Resources

About

The roles of energy efficiency improvement, renewable electricity production, and financial inclusion in stimulating environmental sustainability in the Next Eleven countries

Cited by 115 publications

References 66 publications

The impact of economic uncertainty, economic growth and energy consumption on environmental degradation in MENA countries: Fresh insights from multiple thresholds NARDL approach

The impact of economic uncertainty, economic growth and energy consumption on environmental degradation in MENA countries: Fresh insights from multiple thresholds NARDL approach

Nuclear energy transition and CO2 emissions nexus in 28 nuclear electricity-producing countries with different income levels

Nexus between government debt, economic policy uncertainty, government spending, and governmental effectiveness in BRIC nations: Evidence for linear and nonlinear assessments

Contact Info

Product

Resources

About

Nuclear energy transition and CO₂ emissions nexus in 28 nuclear electricity-producing countries with different income levels