Unleashing the effect of energy efficiency, knowledge spillover, and globalization on environmental sustainability: an VECM analysis for policy empirics

Khurshid, Nabila; Fiaz, Asma; Ali, Kashif; Rashid, Mudassar

doi:10.1007/s10668-023-02949-z

Cited by 12 publications

(3 citation statements)

References 77 publications

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“…knowledge spillover can be beneficial in upgrading industrial structures and optimizing energy structures, thereby limiting carbon dioxide production. Khurshid et al [ 80 ] looked at the effect of knowledge spillover on environmental sustainability. They observed that information spillover was helpful to environmental sustainability in general.…”

Section: Resultsmentioning

confidence: 99%

Asymmetric effect of educational expenditure, knowledge spillover, and energy consumption on sustainable development: Nuts and Bolts for policy empirics

Khurshid¹,

Khurshid²,

Munir³

et al. 2023

Heliyon

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Section: Resultsmentioning

confidence: 99%

Asymmetric effect of educational expenditure, knowledge spillover, and energy consumption on sustainable development: Nuts and Bolts for policy empirics

Khurshid¹,

Khurshid²,

Munir³

et al. 2023

Heliyon

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“…Moreover, geopolitical risk has the potential to impact the availability of natural resources, such as clean water and food, which play a crucial role in determining the overall wellbeing of individuals. Political instability and wars can significantly impact supply chains, leading to inadequate resource acquisition and depletion of key resources for individuals and groups (Zhang et al, 2023b;Khurshid et al, 2023e) 2 Brief review of prior literature…”

Section: Graphical Abstract 1 Introductionmentioning

confidence: 99%

Integrating non-renewable energy consumption, geopolitical risks, economic development with the ecological intensity of wellbeing: evidence from quantile regression analysis

Khurshid,

Egbe,

Akram

2024

Front. Energy Res.

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Introduction: This study delves into the intricate relationship between non-renewable energy sources, economic advancement, and the ecological footprint of well-being in Pakistan, spanning the years from 1980 to 2021.Methods: Employing the quantile regression model, we analyzed the co-integrating dynamics among the variables under scrutiny. Non-renewable energy sources were dissected into four distinct components—namely, gas, electricity, and oil consumption—facilitating a granular examination of their impacts.Results and discussion: Our empirical investigations reveal that coal, gas, and electricity consumption exhibit a negative correlation with the ecological footprint of well-being. Conversely, coal consumption and overall energy consumption show a positive association with the ecological footprint of well-being. Additionally, the study underscores the detrimental impact of geopolitical risks on the ecological footprint of well-being. Our findings align with the Environmental Kuznets Curve (EKC) hypothesis, positing that environmental degradation initially surges with economic development, subsequently declining as a nation progresses economically. Consequently, our research advocates for Pakistan’s imperative to prioritize the adoption of renewable energy sources as it traverses its developmental trajectory. This strategic pivot towards renewables, encompassing hydroelectric, wind, and solar energy, not only seeks to curtail environmental degradation but also endeavors to foster a cleaner and safer ecological milieu.

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“…Global Competitiveness: A nation's competitiveness in the global marketplace is highly contingent on its ability to provide efficient macroeconomic infrastructure. In the era of globalization, competitiveness can be a determining factor in attracting foreign investments and international business expansion (Khurshid et al, 2023).…”

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confidence: 99%

The influence of macroeconomic infrastructure on supply chain smoothness and national competitiveness and its implications on a country's economic growth: evidence from BRICS countries

Alexandro,

Basrowi

2024

10.5267/j.uscm

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This study investigates the intricate relationships between macroeconomic infrastructure, supply chain smoothness, national competitiveness, and economic growth within the BRICS nations—Brazil, Russia, India, China, and South Africa. This study adopts a quantitative approach with cross-sectional data to examine the interrelationships. The research confirms that macroeconomic infrastructure significantly influences supply chain smoothness and a country's economic growth, underscoring the pivotal role of infrastructure development in enhancing supply chain efficiency and fostering economic expansion. However, rejecting hypotheses regarding the direct impact of supply chain smoothness and national competitiveness on economic growth highlights economic growth dynamics' complex and multifaceted nature within the BRICS context. This study emphasizes the need for nuanced, context-specific strategies to address each BRICS nation's unique challenges and opportunities. Theoretical implications call for a more comprehensive theoretical framework considering the contextual factors influencing economic growth within BRICS countries. Practical implications highlight the importance of strategic infrastructure investments and comprehensive policy approaches that extend beyond isolated factors. Despite its contributions, this study has limitations, including simplifying complex economic relationships and needing more country-specific analyses. Future research should explore broader variables, non-linear relationships, and country-specific nuances to understand economic growth in the BRICS group better.

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Unleashing the effect of energy efficiency, knowledge spillover, and globalization on environmental sustainability: an VECM analysis for policy empirics

Cited by 12 publications

References 77 publications

Asymmetric effect of educational expenditure, knowledge spillover, and energy consumption on sustainable development: Nuts and Bolts for policy empirics

Asymmetric effect of educational expenditure, knowledge spillover, and energy consumption on sustainable development: Nuts and Bolts for policy empirics

Integrating non-renewable energy consumption, geopolitical risks, economic development with the ecological intensity of wellbeing: evidence from quantile regression analysis

The influence of macroeconomic infrastructure on supply chain smoothness and national competitiveness and its implications on a country's economic growth: evidence from BRICS countries

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