Tao Hong, Jie Yin, Muhammad Nouman Latif, Mahmood Ahmad
Climate change is one of the most pressing challenges of our time, with far‐reaching implications for ecosystems, economies, and societies worldwide. Human capital (HUC) and economic complexity (ECC) “understood as structural transformation toward more sophisticated and knowledge‐based production” can be pivotal in curtailing ecological degradation. In this context, the study explores the intricate relationship between HUC, financial development, financial globalization, gross domestic product, ECC, and ecological footprints from 1995 to 2021. To achieve this objective, advanced econometric estimation methods are employed. The results indicate the presence of cross‐sectional dependence and slope heterogeneity in the dataset. The variables present a mixed order of stationarity, while the Westerlund test indicates the presence of a long‐run equilibrium association. The results from the Method of Moments Quantile regression indicate that ECC posed a positive but insignificant effect in the lower quantile (τ = 0.1–0.25), while negative and significant in the middle (τ = 0.50) and upper quantiles (τ = 0.75–0.90). Moreover, financial globalization negatively and significantly affects ecological footprints through all the quantiles except the lower quantile (τ = 0.1). Financial development, gross domestic product, and HUC enhance environmental degradation by escalating ecological footprints. Based on the results, the study suggested enhancing the ECC and financial globalization, while sustainable utilization of HUC and strict regulations for the financial sector to foster sustainable development in E7 countries.
{"title":"Human capital, economic complexity, and ecological footprints: Crafting a sustainable development policy framework for E7 nations","authors":"Tao Hong, Jie Yin, Muhammad Nouman Latif, Mahmood Ahmad","doi":"10.1111/1477-8947.12520","DOIUrl":"https://doi.org/10.1111/1477-8947.12520","url":null,"abstract":"Climate change is one of the most pressing challenges of our time, with far‐reaching implications for ecosystems, economies, and societies worldwide. Human capital (HUC) and economic complexity (ECC) “understood as structural transformation toward more sophisticated and knowledge‐based production” can be pivotal in curtailing ecological degradation. In this context, the study explores the intricate relationship between HUC, financial development, financial globalization, gross domestic product, ECC, and ecological footprints from 1995 to 2021. To achieve this objective, advanced econometric estimation methods are employed. The results indicate the presence of cross‐sectional dependence and slope heterogeneity in the dataset. The variables present a mixed order of stationarity, while the Westerlund test indicates the presence of a long‐run equilibrium association. The results from the Method of Moments Quantile regression indicate that ECC posed a positive but insignificant effect in the lower quantile (<jats:italic>τ</jats:italic> = 0.1–0.25), while negative and significant in the middle (<jats:italic>τ</jats:italic> = 0.50) and upper quantiles (<jats:italic>τ</jats:italic> = 0.75–0.90). Moreover, financial globalization negatively and significantly affects ecological footprints through all the quantiles except the lower quantile (<jats:italic>τ</jats:italic> = 0.1). Financial development, gross domestic product, and HUC enhance environmental degradation by escalating ecological footprints. Based on the results, the study suggested enhancing the ECC and financial globalization, while sustainable utilization of HUC and strict regulations for the financial sector to foster sustainable development in E7 countries.","PeriodicalId":49777,"journal":{"name":"Natural Resources Forum","volume":"146 1","pages":""},"PeriodicalIF":3.3,"publicationDate":"2024-06-28","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"141529658","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"社会学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Zahoor Ahmed, Mahmood Ahmad, Salahuddin Khan, Zilola Shamansurova, Stefania Pinzon
Escalations in economic development and the concomitant upsurge in social globalization (SG) in the largest economies have enhanced the utilization of fossil fuels, which in turn has stimulated carbon dioxide (CO2) emissions. Given that reducing global warming is one of the essential means to disrupt climate change and attain sustainable development, this study examines the interlinkages between SG, energy transition (ENTR), international tourism (ITU), and CO2 emissions. As environmental issues are widespread in the largest economies, this investigation analyzed the data from the 10 largest economies using the Method of Moments Quantiles Regression (MM‐QR) from 1995 to 2020. The study found that ENTR plays a significant role in decreasing emissions and promoting environmental sustainability. Alongside this, increasing social globalization also curbs CO2 emissions and facilitates environmental sustainability. Apart from this, the findings demonstrate a progressively increasing contribution of ITU and economic growth to enhancing environmental degradation. Furthermore, results indicated that carbon emissions are not influenced by reductions in political risks in the member nations. Finally, policies to support environmental sustainability are discussed.
{"title":"Investigating the nexus between social globalization, energy transition, tourism, and environmental quality: Evidence from quantile regression","authors":"Zahoor Ahmed, Mahmood Ahmad, Salahuddin Khan, Zilola Shamansurova, Stefania Pinzon","doi":"10.1111/1477-8947.12527","DOIUrl":"https://doi.org/10.1111/1477-8947.12527","url":null,"abstract":"Escalations in economic development and the concomitant upsurge in social globalization (SG) in the largest economies have enhanced the utilization of fossil fuels, which in turn has stimulated carbon dioxide (CO<jats:sub>2</jats:sub>) emissions. Given that reducing global warming is one of the essential means to disrupt climate change and attain sustainable development, this study examines the interlinkages between SG, energy transition (ENTR), international tourism (ITU), and CO<jats:sub>2</jats:sub> emissions. As environmental issues are widespread in the largest economies, this investigation analyzed the data from the 10 largest economies using the Method of Moments Quantiles Regression (MM‐QR) from 1995 to 2020. The study found that ENTR plays a significant role in decreasing emissions and promoting environmental sustainability. Alongside this, increasing social globalization also curbs CO<jats:sub>2</jats:sub> emissions and facilitates environmental sustainability. Apart from this, the findings demonstrate a progressively increasing contribution of ITU and economic growth to enhancing environmental degradation. Furthermore, results indicated that carbon emissions are not influenced by reductions in political risks in the member nations. Finally, policies to support environmental sustainability are discussed.","PeriodicalId":49777,"journal":{"name":"Natural Resources Forum","volume":"206 1","pages":""},"PeriodicalIF":3.3,"publicationDate":"2024-06-27","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"141523110","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"社会学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Muhammad Shahbaz, Mucahit Aydin, Tunahan Degirmenci, Oguzhan Bozatli
This study examines the relationship between biodiversity expenditures, agriculture‐forestry‐fisheries sectors, renewable energy, economic growth, ecological footprint, and load capacity factor for The Netherlands from 1995 to 2019 in the context of the environmental Kuznets curve (EKC) and load capacity curve (LCC) hypotheses. The relationship between the variables is investigated using a novel Fourier‐based Augmented ARDL approach. Our results indicate a long‐term relationship between biodiversity expenditures, agriculture‐forestry‐fisheries sectors, green energy, economic growth, and load capacity factor. In the long run, Fourier‐based Augmented ARDL results reveal that biodiversity expenditures, agriculture‐forestry‐fisheries sectors, and renewable energy do not contribute to environmental sustainability. In other words, biodiversity, renewable energy, and agriculture‐forestry‐fisheries policies implemented in The Netherlands do not improve environmental sustainability. Again, the findings confirm that the EKC hypothesis is not valid for The Netherlands, whereas the LCC hypothesis is valid. In line with the study's findings, biodiversity, renewable energy, and agriculture‐forestry‐fisheries policies in The Netherlands need to be reviewed.
{"title":"The role of agriculture‐forestry‐fisheries sectors, biodiversity expenditures, and renewable energy on environmental quality for The Netherlands: Evidence from novel Fourier ARDL","authors":"Muhammad Shahbaz, Mucahit Aydin, Tunahan Degirmenci, Oguzhan Bozatli","doi":"10.1111/1477-8947.12517","DOIUrl":"https://doi.org/10.1111/1477-8947.12517","url":null,"abstract":"This study examines the relationship between biodiversity expenditures, agriculture‐forestry‐fisheries sectors, renewable energy, economic growth, ecological footprint, and load capacity factor for The Netherlands from 1995 to 2019 in the context of the environmental Kuznets curve (EKC) and load capacity curve (LCC) hypotheses. The relationship between the variables is investigated using a novel Fourier‐based Augmented ARDL approach. Our results indicate a long‐term relationship between biodiversity expenditures, agriculture‐forestry‐fisheries sectors, green energy, economic growth, and load capacity factor. In the long run, Fourier‐based Augmented ARDL results reveal that biodiversity expenditures, agriculture‐forestry‐fisheries sectors, and renewable energy do not contribute to environmental sustainability. In other words, biodiversity, renewable energy, and agriculture‐forestry‐fisheries policies implemented in The Netherlands do not improve environmental sustainability. Again, the findings confirm that the EKC hypothesis is not valid for The Netherlands, whereas the LCC hypothesis is valid. In line with the study's findings, biodiversity, renewable energy, and agriculture‐forestry‐fisheries policies in The Netherlands need to be reviewed.","PeriodicalId":49777,"journal":{"name":"Natural Resources Forum","volume":"59 1","pages":""},"PeriodicalIF":3.3,"publicationDate":"2024-06-27","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"141523057","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"社会学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
The livestock production sector plays a crucial role in food security and income generation and has an undeniable relationship with the environment. Like other agricultural sectors, it faces the significant challenge of climate change. However, the attention given to this issue has not been satisfactory given its importance. Thus, the primary aim of the current research is to assess the impact of temperature change, precipitation, CH4 emissions, gross fixed capital, and land use on the livestock production index as an indicator of food security in Iran. The modeling uses data from 1990 to 2020, employing the NARDL approach and Granger causality. The results show that a 1% increase in temperature can lead to an 8.06% decrease in livestock production (food security), while a 1% decline in temperature results in a 3.85% surge in livestock production. Precipitation has a direct relationship with food security; a 1% rise and drop in rainfall lead to an increase and reduction in livestock production by 0.8% and 1.02%, respectively. A 1% increase in gross fixed capital boosts food security by 0.47%, while a 1% decrease leads to a 2.32% reduction. A statistically insignificant relationship is seen between the positive CH4 shock and food security in the long run. However, the negative shock of this variable positively influences food security by 7.5%. Negative changes in land use will reduce livestock production. The Granger causality test proves a two‐way causal relationship between CH4 emissions and livestock production. A unidirectional causality is discovered from production to temperature and from land use to livestock production. To mitigate the impact of global warming on livestock production, strategic investments in infrastructure, livestock micro insurance, and informing producers about the consequences of climate change and solutions for addressing this phenomenon can be considered effective policies.
{"title":"Modeling the linkage between climate change, CH4 emissions, and land use with Iran's livestock production: A food security perspective","authors":"Seyed Mohammadreza Mahdavian, Fatemeh Askari, Hamed Kioumarsi, Reza Naseri Harsini, Hushang Dehghanzadeh, Behnaz Saboori","doi":"10.1111/1477-8947.12532","DOIUrl":"https://doi.org/10.1111/1477-8947.12532","url":null,"abstract":"The livestock production sector plays a crucial role in food security and income generation and has an undeniable relationship with the environment. Like other agricultural sectors, it faces the significant challenge of climate change. However, the attention given to this issue has not been satisfactory given its importance. Thus, the primary aim of the current research is to assess the impact of temperature change, precipitation, CH4 emissions, gross fixed capital, and land use on the livestock production index as an indicator of food security in Iran. The modeling uses data from 1990 to 2020, employing the NARDL approach and Granger causality. The results show that a 1% increase in temperature can lead to an 8.06% decrease in livestock production (food security), while a 1% decline in temperature results in a 3.85% surge in livestock production. Precipitation has a direct relationship with food security; a 1% rise and drop in rainfall lead to an increase and reduction in livestock production by 0.8% and 1.02%, respectively. A 1% increase in gross fixed capital boosts food security by 0.47%, while a 1% decrease leads to a 2.32% reduction. A statistically insignificant relationship is seen between the positive CH4 shock and food security in the long run. However, the negative shock of this variable positively influences food security by 7.5%. Negative changes in land use will reduce livestock production. The Granger causality test proves a two‐way causal relationship between CH4 emissions and livestock production. A unidirectional causality is discovered from production to temperature and from land use to livestock production. To mitigate the impact of global warming on livestock production, strategic investments in infrastructure, livestock micro insurance, and informing producers about the consequences of climate change and solutions for addressing this phenomenon can be considered effective policies.","PeriodicalId":49777,"journal":{"name":"Natural Resources Forum","volume":"42 1","pages":""},"PeriodicalIF":3.3,"publicationDate":"2024-06-27","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"141523111","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"社会学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Olatunde Julius Omokanmi, Ridwan Lanre Ibrahim, Olumide Olusegun Olaoye
This current study contributes to the extant literature by providing the first empirical evidence on the functional relationship between fossil fuel consumption, environmental pollution, and mortality rate in selected fossil fuels‐dependent nations in sub‐Saharan African countries with the moderating role of healthcare expenditures from 1982 to 2021. The empirical evidence relies on a battery of techniques comprising fully modified ordinary least squares, dynamic ordinary least squares, and panel quartile regression estimators. In order to establish sturdy empirical insights, fossil fuel is proxy by four indices including oil, coal, natural gas (at the disaggregated level), and fossil fuel (at the aggregated level). Mortality rate is also disaggregated into mortality rate, adult male, mortality rate, adult female, and infant mortality rate. Based on this disaggregation, the findings from the study reveal the following: First, the indicators for fossil fuel consumption have positive statistically significant impact on all three measures of mortality rate. Second, environmental pollution positively impacts the three indicators of mortality rate. Third, healthcare expenditure significantly reduces mortality rate, while its interaction with fossil fuel consumption moderates their unfavorable impacts on mortality rate. Fourth, with the exception of natural gas, the indicators of fossil fuel consumption and environmental pollution exert unfavorable impacts on mortality rate across all the quartiles. Emerging from these empirical findings, the study recommends promotion of cleaner sources of energy while at the same time improving healthcare expenditure as an interim measure pending full transition to renewable energy towards the attainment of a good health outcome in sub‐Saharan Africa countries.
{"title":"The moderating roles of healthcare expenditure in the fossil fuel consumption‐ mortality rate conflicts in fossil fuel‐dependent sub‐Saharan African countries","authors":"Olatunde Julius Omokanmi, Ridwan Lanre Ibrahim, Olumide Olusegun Olaoye","doi":"10.1111/1477-8947.12494","DOIUrl":"https://doi.org/10.1111/1477-8947.12494","url":null,"abstract":"This current study contributes to the extant literature by providing the first empirical evidence on the functional relationship between fossil fuel consumption, environmental pollution, and mortality rate in selected fossil fuels‐dependent nations in sub‐Saharan African countries with the moderating role of healthcare expenditures from 1982 to 2021. The empirical evidence relies on a battery of techniques comprising fully modified ordinary least squares, dynamic ordinary least squares, and panel quartile regression estimators. In order to establish sturdy empirical insights, fossil fuel is proxy by four indices including oil, coal, natural gas (at the disaggregated level), and fossil fuel (at the aggregated level). Mortality rate is also disaggregated into mortality rate, adult male, mortality rate, adult female, and infant mortality rate. Based on this disaggregation, the findings from the study reveal the following: First, the indicators for fossil fuel consumption have positive statistically significant impact on all three measures of mortality rate. Second, environmental pollution positively impacts the three indicators of mortality rate. Third, healthcare expenditure significantly reduces mortality rate, while its interaction with fossil fuel consumption moderates their unfavorable impacts on mortality rate. Fourth, with the exception of natural gas, the indicators of fossil fuel consumption and environmental pollution exert unfavorable impacts on mortality rate across all the quartiles. Emerging from these empirical findings, the study recommends promotion of cleaner sources of energy while at the same time improving healthcare expenditure as an interim measure pending full transition to renewable energy towards the attainment of a good health outcome in sub‐Saharan Africa countries.","PeriodicalId":49777,"journal":{"name":"Natural Resources Forum","volume":"87 1","pages":""},"PeriodicalIF":3.3,"publicationDate":"2024-06-26","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"141507403","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"社会学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
GwanSeon Kim, Hoyeon Jeong, Jacob Manlove, Jun Ho Seok
The growing concern for health and the environment among individuals is anticipated to boost the demand for organic foods. However, there is a research gap in expanding field experiment results for the impact of organic farming to the real world. This study examines the causal relationship between nitrogen balance, organic farming area, agricultural land, and Gross Domestic Product per capita in 18 Organisation for Economic Co‐operation and Development countries from 2000 to 2019. By employing panel Autoregressive Distributed Lag, we found that a 1% increase in organic farming areas is associated with a 0.054% decrease in nitrogen balance in the long run. However, we found that the nitrogen balance increased by 0.392% and 0.487% with 1% expansion of agricultural farmland and economic development in the long run, respectively. Our findings will help policymakers develop or implement soil health management practices to reduce and maintain the amount of nitrogen in the environment. In addition, environmentally friendly raising livestock practices might be another consideration to improve nitrogen balance in livestock‐intensive countries. Finally, expanding agricultural land may not be an appropriate way to solve the problems of soil and underground water contamination.
{"title":"Impacts of organic farming on the nitrogen balance in agricultural land of OECD countries: Evidence from panel ARDL approach","authors":"GwanSeon Kim, Hoyeon Jeong, Jacob Manlove, Jun Ho Seok","doi":"10.1111/1477-8947.12514","DOIUrl":"https://doi.org/10.1111/1477-8947.12514","url":null,"abstract":"The growing concern for health and the environment among individuals is anticipated to boost the demand for organic foods. However, there is a research gap in expanding field experiment results for the impact of organic farming to the real world. This study examines the causal relationship between nitrogen balance, organic farming area, agricultural land, and Gross Domestic Product per capita in 18 Organisation for Economic Co‐operation and Development countries from 2000 to 2019. By employing panel Autoregressive Distributed Lag, we found that a 1% increase in organic farming areas is associated with a 0.054% decrease in nitrogen balance in the long run. However, we found that the nitrogen balance increased by 0.392% and 0.487% with 1% expansion of agricultural farmland and economic development in the long run, respectively. Our findings will help policymakers develop or implement soil health management practices to reduce and maintain the amount of nitrogen in the environment. In addition, environmentally friendly raising livestock practices might be another consideration to improve nitrogen balance in livestock‐intensive countries. Finally, expanding agricultural land may not be an appropriate way to solve the problems of soil and underground water contamination.","PeriodicalId":49777,"journal":{"name":"Natural Resources Forum","volume":"21 1","pages":""},"PeriodicalIF":3.3,"publicationDate":"2024-06-26","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"141523112","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"社会学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Climate change is becoming an increasingly pressing global issue, and understanding how climate policy uncertainty affects trade openness and foreign direct investment is crucial. This study provides contemporary insights into this complex relationship, particularly in the context of the United States, which is a major player in global trade and investment. The study employed a monthly dataset spanning from January 1990M01 to December 2020M12. Co‐integration exists between all the variables specified by employing Residual Augmented Least Squares (RALS‐EG), climate policy uncertainty, and fossil fuel consumption adverse influence upon trade openness and foreign direct investment, economic growth, and renewable energy consumption positive impact upon trade openness and foreign direct investment via the use of fully modified ordinary least square (FMOLS), and Dynamic Ordinary Least Squares (DOLS). The Fourier Toda‐Yamamoto causality reveals that climate policy uncertainty, economic growth, renewable energy, and trade openness exhibit bidirectional causality, while fossil fuels exhibit unidirectional causality. Based on the findings, policymakers should prioritize reducing climate policy uncertainty to create a more stable environment for trade and foreign direct investment (FDI). Clear and consistent climate policies can mitigate the negative impact of uncertainty on trade openness and FDI.
{"title":"Climate policy uncertainty and energy impacts on trade openness and foreign direct investment in the United States: Evidence from the RALS co‐integration test","authors":"Babatunde Sunday Eweade, Hasan Güngör","doi":"10.1111/1477-8947.12496","DOIUrl":"https://doi.org/10.1111/1477-8947.12496","url":null,"abstract":"Climate change is becoming an increasingly pressing global issue, and understanding how climate policy uncertainty affects trade openness and foreign direct investment is crucial. This study provides contemporary insights into this complex relationship, particularly in the context of the United States, which is a major player in global trade and investment. The study employed a monthly dataset spanning from January 1990M01 to December 2020M12. Co‐integration exists between all the variables specified by employing Residual Augmented Least Squares (RALS‐EG), climate policy uncertainty, and fossil fuel consumption adverse influence upon trade openness and foreign direct investment, economic growth, and renewable energy consumption positive impact upon trade openness and foreign direct investment via the use of fully modified ordinary least square (FMOLS), and Dynamic Ordinary Least Squares (DOLS). The Fourier Toda‐Yamamoto causality reveals that climate policy uncertainty, economic growth, renewable energy, and trade openness exhibit bidirectional causality, while fossil fuels exhibit unidirectional causality. Based on the findings, policymakers should prioritize reducing climate policy uncertainty to create a more stable environment for trade and foreign direct investment (FDI). Clear and consistent climate policies can mitigate the negative impact of uncertainty on trade openness and FDI.","PeriodicalId":49777,"journal":{"name":"Natural Resources Forum","volume":"23 1","pages":""},"PeriodicalIF":3.3,"publicationDate":"2024-06-24","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"141523114","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"社会学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
The expansion of cross‐border information and production resources is facilitated by information globalization through the transfer of fresh ideas, products, technologies, and business models. This encourages information globalization's potential to achieve environmental and other technological advancements in the meantime and helps to make greener production possible through value‐added trade. Prior research, however, largely ignored this aspect of globalization in global value chains' studies. In order to anticipate carbon emissions (CO2) in BRICS economies, this novel study aims to assess the significance of participation in global value chains (GVCs) and information globalization (ING). The innovative research uses nonparametric causality‐in‐quantiles techniques on quarterly data from 1995Q1 to 2018Q4 to quantify for causality‐in‐variance and causality‐in‐mean because there might not be any causation at the first stage but there might be higher‐order interdependencies. The results show that GVC and ING had high predictive capability for carbon emissions, indicating asymmetry regarding environmental sustainability. Additionally, GVC and information globalization asserted that there is a significant interaction effect when it comes to forecasting pollution levels in chosen nations. The provision of financial and R&D assistance for energy efficiency and green production, as well as the use of mass and social media to raise awareness among the firms participating in global value chains, may assist in achieving SDG 13 and Cope26's goal of reducing pollution by 2030. The finding contributes crucial insights for policymakers and enhances the discourse on sustainable hones inside GVCs. The study proposes prioritizing information transparency, worldwide measures, and motivations for eco‐friendly advances to improve environmental sustainability in GVCs. Policymakers are encouraged to foster public–private associations for cohesive global endeavors in diminishing CO2 emanations inside GVCs.
{"title":"Assessing the predictive ability of information globalization under global value chains‐environmental sustainability nexus in the BRICS economies: A nonparametric causality approach","authors":"Dong Yu, Zilong Wang, Muhammad Nadeem","doi":"10.1111/1477-8947.12500","DOIUrl":"https://doi.org/10.1111/1477-8947.12500","url":null,"abstract":"The expansion of cross‐border information and production resources is facilitated by information globalization through the transfer of fresh ideas, products, technologies, and business models. This encourages information globalization's potential to achieve environmental and other technological advancements in the meantime and helps to make greener production possible through value‐added trade. Prior research, however, largely ignored this aspect of globalization in global value chains' studies. In order to anticipate carbon emissions (CO2) in BRICS economies, this novel study aims to assess the significance of participation in global value chains (GVCs) and information globalization (ING). The innovative research uses nonparametric causality‐in‐quantiles techniques on quarterly data from 1995Q1 to 2018Q4 to quantify for causality‐in‐variance and causality‐in‐mean because there might not be any causation at the first stage but there might be higher‐order interdependencies. The results show that GVC and ING had high predictive capability for carbon emissions, indicating asymmetry regarding environmental sustainability. Additionally, GVC and information globalization asserted that there is a significant interaction effect when it comes to forecasting pollution levels in chosen nations. The provision of financial and R&D assistance for energy efficiency and green production, as well as the use of mass and social media to raise awareness among the firms participating in global value chains, may assist in achieving SDG 13 and Cope26's goal of reducing pollution by 2030. The finding contributes crucial insights for policymakers and enhances the discourse on sustainable hones inside GVCs. The study proposes prioritizing information transparency, worldwide measures, and motivations for eco‐friendly advances to improve environmental sustainability in GVCs. Policymakers are encouraged to foster public–private associations for cohesive global endeavors in diminishing CO2 emanations inside GVCs.","PeriodicalId":49777,"journal":{"name":"Natural Resources Forum","volume":"359 1","pages":""},"PeriodicalIF":3.3,"publicationDate":"2024-06-24","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"141529709","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"社会学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Alastaire S. Alinsato, Toyo Amègnonna Marcel Dossou, Pascal K. Dossou, Emmanuelle N. Kambaye, Simplice A. Asongu
The impact of financial development (FD) on renewable energy consumption has been extensively examined in recent years. Nevertheless, studies on the moderation of quality of governance in the financial development and renewable energy consumption nexus are sparse. By filling the gap in the literature relating to energy economicsc, this study investigates the moderating effect of the quality of governance on the relationship between financial development and consumption of renewable energy for a panel of 33 African countries over the period between 2000 and 2020. The fully modified ordinary least squares (FMOLS) estimation technique is used to account for cointegration and cross‐sectional dependence. The results unveil that the impact of governance quality and financial development on renewable energy consumption is negative and statistically significant. Moreover, the results reveal that the FD‐governance quality interactions are significant and negative. Governance quality thresholds at which the negative incidence of financial development on renewable energy consumption is completely nullified are provided.
{"title":"The financial development and renewable energy consumption nexus in Africa: Does the quality of governance matter?","authors":"Alastaire S. Alinsato, Toyo Amègnonna Marcel Dossou, Pascal K. Dossou, Emmanuelle N. Kambaye, Simplice A. Asongu","doi":"10.1111/1477-8947.12512","DOIUrl":"https://doi.org/10.1111/1477-8947.12512","url":null,"abstract":"The impact of financial development (FD) on renewable energy consumption has been extensively examined in recent years. Nevertheless, studies on the moderation of quality of governance in the financial development and renewable energy consumption nexus are sparse. By filling the gap in the literature relating to energy economicsc, this study investigates the moderating effect of the quality of governance on the relationship between financial development and consumption of renewable energy for a panel of 33 African countries over the period between 2000 and 2020. The fully modified ordinary least squares (FMOLS) estimation technique is used to account for cointegration and cross‐sectional dependence. The results unveil that the impact of governance quality and financial development on renewable energy consumption is negative and statistically significant. Moreover, the results reveal that the FD‐governance quality interactions are significant and negative. Governance quality thresholds at which the negative incidence of financial development on renewable energy consumption is completely nullified are provided.","PeriodicalId":49777,"journal":{"name":"Natural Resources Forum","volume":"137 1","pages":""},"PeriodicalIF":3.3,"publicationDate":"2024-06-20","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"141523113","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"社会学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Investigating the role that air transportation plays in regard to carbon emissions offers several valuable insights and contributions that are critical for addressing climate change and promoting sustainable development as far as climate mitigation, policy development and evaluation, technological innovation, public awareness engagement, international cooperation, and risk management and resilience are concerned. Such studies are of importance since aviation holds approximately 2% of global carbon dioxide emissions according to the Intergovernmental Panel on Climate Change (IPCC). Therefore, this study aims to search for the role of air transportation in pollutant emissions around the globe. A global data split by regions and income groups is constructed and evaluated through the autoregressive distributed lag (ARDL) methodology. Results reveal that means of air transportation generally exert statistically significant effects on carbon dioxide (CO2) emissions; however, the signs of coefficients of air transportation are in mixed directions across different regions and income groups. The study concludes that alternative air transport systems such as solar‐powered aircraft and technological innovations should be seriously considered as a business strategy due to increasing pollutant emissions.
{"title":"The role of air transportation in emissions through energy usage: Evidence from global data","authors":"Setareh Katircioglu","doi":"10.1111/1477-8947.12495","DOIUrl":"https://doi.org/10.1111/1477-8947.12495","url":null,"abstract":"Investigating the role that air transportation plays in regard to carbon emissions offers several valuable insights and contributions that are critical for addressing climate change and promoting sustainable development as far as climate mitigation, policy development and evaluation, technological innovation, public awareness engagement, international cooperation, and risk management and resilience are concerned. Such studies are of importance since aviation holds approximately 2% of global carbon dioxide emissions according to the Intergovernmental Panel on Climate Change (IPCC). Therefore, this study aims to search for the role of air transportation in pollutant emissions around the globe. A global data split by regions and income groups is constructed and evaluated through the autoregressive distributed lag (ARDL) methodology. Results reveal that means of air transportation generally exert statistically significant effects on carbon dioxide (CO<jats:sub>2</jats:sub>) emissions; however, the signs of coefficients of air transportation are in mixed directions across different regions and income groups. The study concludes that alternative air transport systems such as solar‐powered aircraft and technological innovations should be seriously considered as a business strategy due to increasing pollutant emissions.","PeriodicalId":49777,"journal":{"name":"Natural Resources Forum","volume":"64 1","pages":""},"PeriodicalIF":3.3,"publicationDate":"2024-05-31","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"141195202","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"社会学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
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