{"title":"Does structural change matter for sustainable development in newly industrialized countries? Fresh evidence from a new sustainability indicator","authors":"","doi":"10.1016/j.envdev.2024.101094","DOIUrl":null,"url":null,"abstract":"<div><div>The economic gap between developed and developing economies has been diminishing due to the recent rapid economic growth performance of developing economies. While achieving this swift growth level, developing economies have structurally transformed their economies. However, the impact of this structural change on environmental sustainability remains unclear. Therefore, this study focuses on the impacts of structural change, energy structure, and economic growth on the load capacity factor, a comprehensive sustainability indicator, in newly industrialized countries during 2000–2020. To this end, second-generation panel data techniques, which account for cross-sectional dependence and heterogeneity, are used to provide more robust and reliable estimates. The results show that economic growth, structural change, and fossil energy utilization decrease the load capacity factor while renewable energy utilization increases it. These findings underscore the need for energy efficiency and resource-conscious policies that align with environmental sustainability while promoting economic growth, highlighting their crucial role in the future of sustainable development.</div></div>","PeriodicalId":54269,"journal":{"name":"Environmental Development","volume":null,"pages":null},"PeriodicalIF":4.7000,"publicationDate":"2024-10-15","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"0","resultStr":null,"platform":"Semanticscholar","paperid":null,"PeriodicalName":"Environmental Development","FirstCategoryId":"93","ListUrlMain":"https://www.sciencedirect.com/science/article/pii/S2211464524001325","RegionNum":2,"RegionCategory":"环境科学与生态学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"Q2","JCRName":"ENVIRONMENTAL SCIENCES","Score":null,"Total":0}
引用次数: 0
Abstract
The economic gap between developed and developing economies has been diminishing due to the recent rapid economic growth performance of developing economies. While achieving this swift growth level, developing economies have structurally transformed their economies. However, the impact of this structural change on environmental sustainability remains unclear. Therefore, this study focuses on the impacts of structural change, energy structure, and economic growth on the load capacity factor, a comprehensive sustainability indicator, in newly industrialized countries during 2000–2020. To this end, second-generation panel data techniques, which account for cross-sectional dependence and heterogeneity, are used to provide more robust and reliable estimates. The results show that economic growth, structural change, and fossil energy utilization decrease the load capacity factor while renewable energy utilization increases it. These findings underscore the need for energy efficiency and resource-conscious policies that align with environmental sustainability while promoting economic growth, highlighting their crucial role in the future of sustainable development.
期刊介绍：
Environmental Development provides a future oriented, pro-active, authoritative source of information and learning for researchers, postgraduate students, policymakers, and managers, and bridges the gap between fundamental research and the application in management and policy practices. It stimulates the exchange and coupling of traditional scientific knowledge on the environment, with the experiential knowledge among decision makers and other stakeholders and also connects natural sciences and social and behavioral sciences. Environmental Development includes and promotes scientific work from the non-western world, and also strengthens the collaboration between the developed and developing world. Further it links environmental research to broader issues of economic and social-cultural developments, and is intended to shorten the delays between research and publication, while ensuring thorough peer review. Environmental Development also creates a forum for transnational communication, discussion and global action.
Environmental Development is open to a broad range of disciplines and authors. The journal welcomes, in particular, contributions from a younger generation of researchers, and papers expanding the frontiers of environmental sciences, pointing at new directions and innovative answers.
All submissions to Environmental Development are reviewed using the general criteria of quality, originality, precision, importance of topic and insights, clarity of exposition, which are in keeping with the journal''s aims and scope.
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