The transition of renewable energy and ecological sustainability through environmental policy stringency: Estimations from advance panel estimators

Wang, Zhuo; Yen-Ku, Kuo; Li, Zeyun; An, Nguyen Binh; Abdul-Samad, Zulkiflee

doi:10.1016/j.renene.2022.01.075

Cited by 85 publications

(17 citation statements)

References 74 publications

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“…They emphasized the beneficial effect of EPS in advancing new environmentally friendly technologies and raising the number of patents on the environment. In another study, Wang et al ( 2022 ) reported that EPS mitigated CO 2 emissions by boosting renewable energy transition in BRICS countries. Likewise, Wang et al ( 2019 ) indicated that EPS reduced carbon dioxide emissions in 62 OECD and non-OECD countries.…”

Section: Literature Reviewmentioning

confidence: 99%

Asymmetric effects of economic policy uncertainty and environmental policy stringency on environmental quality: evidence from China and the United States

Assamoi

Wang

2022

Environ Sci Pollut Res

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The importance of economic policy uncertainty (EPU) and environmental policy stringency (EPS) in affecting environmental quality is gaining great attention in the literature. However, none of the existing studies has thought to investigate their combined effects on carbon dioxide (CO 2 ) emissions. Additionally, the individual investigations into the nexuses EPU-emissions and EPS-emissions primarily took a symmetric assumption between these variables into consideration. The current paper is an early attempt to close these gaps by examining the combined effects of economic policy uncertainty and environmental policy stringency on CO 2 emissions within asymmetric (nonlinear) frameworks in China and the United States (US). The empirical findings indicate that an improvement in EPU degrades the environmental quality in both countries. However, a negative shift in EPU decreases emissions in China while increasing them in the US. In terms of EPS, the estimates in the two nations led to similar results. A positive change in EPS is conducive to fewer emissions, whereas a negative change worsens environmental damage. These findings still hold with the sensitivity analysis using ecological footprint as an alternative gauge of environmental destruction. This study, therefore, suggests that both nations adopt stricter environmental policies. Additionally, Chinese policymakers should work to lessen uncertainty shocks, while the US government should promote more transparent economic policies.

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Section: Literature Reviewmentioning

confidence: 99%

Asymmetric effects of economic policy uncertainty and environmental policy stringency on environmental quality: evidence from China and the United States

Assamoi

Wang

2022

Environ Sci Pollut Res

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“…The results of this study, while aligning with previous research, also present distinct perspectives. Studies by Yuan and Zhang [117], Gu et al [170], Wang et al [171], and Xie et al [172] have similarly underscored the pivotal influence of stringent environmental policies on sustainable economic development in China, albeit with marginally lower impact estimates. Such discrepancies likely emanate from methodological divergences or differences in the dimensions of environmental policy stringency under scrutiny.…”

Section: Fourier Long-run and Short-run Results And Discussionmentioning

confidence: 99%

The Green Engine of Growth: Assessing the Influence of Renewable Energy Consumption and Environmental Policy on China’s Economic Sustainability

Wang,

He,

2024

Sustainability

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Utilizing Fourier autoregressive distributed lag and Fourier Toda–Yamamoto causality methodologies, this research assesses the effects that renewable energy consumption and environmental policy had on the economic sustainability of China from 1991 to 2022. Our findings highlight the positive impacts of renewable energy use and stringent environmental policies on China’s economic growth, while also pinpointing the supportive roles played by foreign direct investment, trade openness, and financial sector evolution in fostering a sustainable economic environment. Conversely, a reliance on fossil fuels emerges as a significant barrier to sustainability. Causality tests confirm the essential roles of renewable energy and environmental policies in advancing China’s economic sustainability. This study underscores the critical need for integrating sustainable energy and environmental strategies within China’s economic development framework, advocating for a holistic policy approach that balances economic growth with environmental conservation. This research underscores the imperative for a sustainability-centered strategy for China’s economic advancement.

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“…A series of programs for the return of farmland to forests and grasslands have enabled the restoration of forest land and grassland areas, which have relieved the stress caused by the ecological footprint to a certain extent [49,50]. To further improve the ECC of the YRBS and build a good ecological environment, it is necessary to continue the implementation of strict ecological and environmental protection policies to foster an ecologically sound civilization for the sustainable development of the basin [51][52][53]. Our research shows that precipitation is the dominant factor that affects the ECC of the YRBS.…”

Section: Ecc Spatiotemporal Evolution and Its Determinantsmentioning

confidence: 99%

Evaluation of Ecological Carrying Capacity and Identification of Its Influencing Factors Based on Remote Sensing and Geographic Information System: A Case Study of the Yellow River Basin in Shaanxi

Zhu

Mei

et al. 2022

Land

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Ecological carrying capacity (ECC), which requires simple scientific evaluation methods, is an important evaluation index for assessing the sustainability of ecosystems. We integrate an innovative research method. Geographic information systems (GIS) and remote sensing (RS) were used to evaluate the ECC of the Yellow River Basin in Shaanxi (YRBS) and to identify the underlying factors that influence it. A calculation method that combines RS and GIS data to estimate ECC based on net primary productivity (NPP) was established. The Carnegie–Ames–Stanford approach model was applied to estimate NPP. The NPP of each land type was used as an indicator to determine the yield factors. The ECC of the watershed was calculated with the carrying capacities of each land-use type. The geographical detector model was used to study the influencing factors of ECC, which provides a scientific basis for the formulation of ecological management policies in YRBS. The results show that from 2000 to 2010, it first decreased by 45.46%, and then increased by 37.06% in 2020, an overall decrease of 13.49 × 105 wha in 20 years. Precipitation is the dominant factor that affects ECC, while the impact of human activities on ECC was significantly enhanced during the study period. The developed method based on RS data serves as a reference for ecological evaluation in other similar regions.

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The transition of renewable energy and ecological sustainability through environmental policy stringency: Estimations from advance panel estimators

Cited by 85 publications

References 74 publications

Asymmetric effects of economic policy uncertainty and environmental policy stringency on environmental quality: evidence from China and the United States

Asymmetric effects of economic policy uncertainty and environmental policy stringency on environmental quality: evidence from China and the United States

The Green Engine of Growth: Assessing the Influence of Renewable Energy Consumption and Environmental Policy on China’s Economic Sustainability

Evaluation of Ecological Carrying Capacity and Identification of Its Influencing Factors Based on Remote Sensing and Geographic Information System: A Case Study of the Yellow River Basin in Shaanxi

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