Xin Xu, Shupei Huang, An Haizhong, S. Vigne, B. Lucey
Abstract Understanding the influence pathways of financial development on environmental quality is necessary for policy makers in China to improve the quality of the environment through financial means; however, these points have not been systematically discussed in the literature. Therefore, to fill this gap and depict these indirect influence pathways in regions with different financial development levels, this paper categorizes the Chinese provinces based on their financial development levels and a panel smooth transition regression model is used to analyze province-level data in China over the period from 2001 to 2017. The different indirect impacts of financial development on environmental quality through the pathways under different financial development levels are identified and the transformation speed of the intensity of these impacts can be determined. The results indicate that (1) financial development has significant indirect impacts on environmental pollution through various pathways, and the impacts of these pathways are different in the various regions with low or high levels of financial development. (2) In the regions with poor financial development, insufficient financial development could indirectly result in environmental contamination through the pathways that involve stimulating economic growth and promoting the development of secondary and tertiary industries. (3) In regions with relatively high levels of financial development, financial development has mixed effects on environmental pollution, i.e., improving environmental quality by promoting technological innovation and attracting foreign direct investment and decreasing environmental quality by supporting secondary and tertiary industries. Local governments should consider the different characteristics of regional financial development when formulating environmental protection policies.
{"title":"The influence pathways of financial development on environmental quality: New evidence from smooth transition regression models","authors":"Xin Xu, Shupei Huang, An Haizhong, S. Vigne, B. Lucey","doi":"10.2139/ssrn.3946365","DOIUrl":"https://doi.org/10.2139/ssrn.3946365","url":null,"abstract":"Abstract Understanding the influence pathways of financial development on environmental quality is necessary for policy makers in China to improve the quality of the environment through financial means; however, these points have not been systematically discussed in the literature. Therefore, to fill this gap and depict these indirect influence pathways in regions with different financial development levels, this paper categorizes the Chinese provinces based on their financial development levels and a panel smooth transition regression model is used to analyze province-level data in China over the period from 2001 to 2017. The different indirect impacts of financial development on environmental quality through the pathways under different financial development levels are identified and the transformation speed of the intensity of these impacts can be determined. The results indicate that (1) financial development has significant indirect impacts on environmental pollution through various pathways, and the impacts of these pathways are different in the various regions with low or high levels of financial development. (2) In the regions with poor financial development, insufficient financial development could indirectly result in environmental contamination through the pathways that involve stimulating economic growth and promoting the development of secondary and tertiary industries. (3) In regions with relatively high levels of financial development, financial development has mixed effects on environmental pollution, i.e., improving environmental quality by promoting technological innovation and attracting foreign direct investment and decreasing environmental quality by supporting secondary and tertiary industries. Local governments should consider the different characteristics of regional financial development when formulating environmental protection policies.","PeriodicalId":109344,"journal":{"name":"EnergyRN: Other Renewable Energy Sources (Topic)","volume":"23 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2021-10-20","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"130979220","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
In the recent developments taking place over past decades we have witnessed tremendous success in upgrading technology, the lifestyles of people, the degree of science intelligence and the environment around us. Root aspects of all such development lies with respect to the concept that involves the study of conversion of one form of energy to other desired forms. It's an endeavor to bring out the technology that are human beneficiary and it is achieved by the proper utilization of the energy from our surroundings such as the present developments includes energy conversion from sun(solar), wind, ocean, tides, biogas chemical energies and so on. Similarly we have brought up with an idea of new energy conversion which involves the utilization of sound energy, mainly those mechanical waves (sound waves), that are above the human audible range and which tend to be hazardous to humans. The attempt is done to convert the sound energy to any desired energy form; basically the output of this conversion is focused to get in form of electrical energy. This energy can then be utilized to many events such as for tube lights, charging the batteries, fans etc., The sources for the input sound can be from engines, horns in railways, the sonic sounds in airplanes and jet planes, the loud Mike systems, the speaker systems in large functions, the traffic sounds such sound waves are used to convert into electrical energy which will be tremendously beneficial to humans. The attempt is to achieve the aim of producing/supplying free electricity to the world.
{"title":"System to Transform Sound Energy Into Electricity","authors":"S. Deshpande, Sharanabasappa C. Sajjan, H. Pujar","doi":"10.2139/ssrn.3492946","DOIUrl":"https://doi.org/10.2139/ssrn.3492946","url":null,"abstract":"In the recent developments taking place over past decades we have witnessed tremendous success in upgrading technology, the lifestyles of people, the degree of science intelligence and the environment around us. Root aspects of all such development lies with respect to the concept that involves the study of conversion of one form of energy to other desired forms. It's an endeavor to bring out the technology that are human beneficiary and it is achieved by the proper utilization of the energy from our surroundings such as the present developments includes energy conversion from sun(solar), wind, ocean, tides, biogas chemical energies and so on. Similarly we have brought up with an idea of new energy conversion which involves the utilization of sound energy, mainly those mechanical waves (sound waves), that are above the human audible range and which tend to be hazardous to humans. The attempt is done to convert the sound energy to any desired energy form; basically the output of this conversion is focused to get in form of electrical energy. This energy can then be utilized to many events such as for tube lights, charging the batteries, fans etc., The sources for the input sound can be from engines, horns in railways, the sonic sounds in airplanes and jet planes, the loud Mike systems, the speaker systems in large functions, the traffic sounds such sound waves are used to convert into electrical energy which will be tremendously beneficial to humans. The attempt is to achieve the aim of producing/supplying free electricity to the world.","PeriodicalId":109344,"journal":{"name":"EnergyRN: Other Renewable Energy Sources (Topic)","volume":"16 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2019-11-25","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"128282664","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
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