Assessing the impact of the economic complexity on the ecological footprint in G7 countries: Fresh evidence under human development and energy innovation processes

Balsalobre‐Lorente, Daniel; NUR, Tuğba; Topaloğlu, Emre Esat; Evcimen, Ceren

doi:10.1016/j.gr.2023.03.017

Cited by 50 publications

(7 citation statements)

References 108 publications

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“…The primary sources are Raza.S.A. [13] and Balsalobre-Lorente et al [14]. The latter is predicated on studies conducted in other countries and relies heavily on interviews and comparative experimental approaches.…”

Section: Research On Hqedmentioning

confidence: 99%

Dynamic linkages between tourism development, renewable energy and high-quality economic development: Evidence from spatial Durbin model

Li,

Sun,

ChuanYu

2024

PLoS ONE

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There has been a shift in focus toward environmentally and economically sustainable forms of economic growth known as High-quality economic development (HQED). However, this study analyzes the impact of tourism development (TD) and renewable energy consumption on HQED in 30 provinces of China, while covering the time period from 2007 to 2021. TD and HQED has been measured with help of Global Moran Index. This study has used dynamic spatial Durbin model (SDM) to measure the dynamic impact of TD index and renewable energy consumption on HQED along with green finance, foreign direct investment and investment in education. The findings from empirical analysis shows that TD has negative impact on HQED and in more developed regions, the relationship is positive, while in the less developed western part of China, the U-shape has been reversed. Central and northeastern China have a U-shaped connection, while it has been noticed the interaction term of TD and renewable energy endorses HQED. In addition, renewable energy consumption, green finance and increase in education investment have positive and significant impact on HQED while foreign direct investment has negative impact on HQED in China. Therefore, in the light of this study policymakers should focus on the quality of tourism industry, green finance for renewable energy supply and enhancing education investment in China to attain the goal of HQED.

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Section: Research On Hqedmentioning

confidence: 99%

Dynamic linkages between tourism development, renewable energy and high-quality economic development: Evidence from spatial Durbin model

Li,

Sun,

ChuanYu

2024

PLoS ONE

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“…As one of the four countries within the G8, France scored 4th in the GII 2022 rankings (12th globally), and it also scored among the top six G8 countries in 2021 HDI Rankings (28th globally for two years in a raw). According to Guner [35], France, although it scored among the top 12 countries globally in the GII, still needs to strengthen its science and research infrastructure to match its economic size and potential [36]. Indeed, as France has paid attention to Science and Technical Activities (STA) development that resulted in scientific and technical that contributed to innovation development, France is considered among potential countries to become STA World Leaders [37].…”

Section: Francementioning

confidence: 99%

The Innovation-Based Human Development Index Using PROMETHEE II: The Context of G8 Countries

Tunsi

Alidrisi

2023

Sustainability

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The current Human Development Index (HDI) has a promising potential to consider further dimensions, the technological dimensions in specific, in order to absorb various innovational aspects whenever human development is to be benchmarked among countries. Hence, the innovation-based HDI was developed herein using one of the well-known Multi-Criteria Decision Making (MCDM) techniques: the Preference Ranking Organization Method for Enrichment of Evaluations II (PROMETHEE II) considering a mixture of technological criteria, including the Global Innovation Index (GII) itself. The G8 countries, as leading countries worldwide, were investigated in this regard in order to attain such a benchmarking attempt. The model was formulated using seven criteria selected from the World Bank (WB) Open Data (such as High-technology exports as a percentage of manufactured exports, Research and development (R&D) expenditure as a percentage of GDP, and Trademark applications, …, etc.) along with the GII, for the purpose of conducting an MCDM-based evaluation model for the G8 countries. The results of the developed index affirm that the ranking of the G8 countries has distinctly been changed as a consequence of considering technological and innovational aspects, compared to the original HDI (i.e., USA +4—from 5th to 1st; Canada −4, from 2nd to 6th). By utilizing MCDM methods (including PROMETHEE II), this paper also affirms that an infinite number of indexes can be developed in the future by employing a huge number of WB indicators with respect to various MCDM approaches. Hence, international communities are in need of setting up commonly accepted guidelines in order to facilitate having a unified prioritization (i.e., unified preference) regarding the potential criteria and/or indicators to be considered globally for better sustainable development.

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“…The region's natural endowments position is an asset for renewable energy generation. This is a much needed transition considering the global urgency to mitigate climate change impacts (Doğan et al, 2022;Balsalobre-Lorente et al, 2023a;Khalil et al, 2023). Like in most countries in the global South, rate of urbanization especially in the is increasing steadily creating serious obstacles for sustainable urban development (Rana, 2011;Chen et al, 2016).…”

Section: Introductionmentioning

confidence: 99%

“…This choice of sample not only reflects the diverse stages of urbanization and industrialization but also the varying degrees of investment in human capital development and renewable energy infrastructure. The econometric analysis through MG, DOLSMG, CCE, AMG, and CS-ARDL models provides a robust framework for understanding these complex relationships over 3 decades, encompassing different economic cycles and policy shifts Balsalobre-Lorente et al, 2023a;Balsalobre-Lorente et al, 2023b;Balsalobre-Lorente et al, 2023c;Esmaeili et al, 2023).…”

Section: Introductionmentioning

confidence: 99%

See 1 more Smart Citation

Human capital and manufacturing activities under environmentally-driven urbanization in the MENA region

Bajja,

Radoine,

Celik

et al. 2024

Front. Environ. Sci.

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Middle East and North Africa (MENA) region possesses immense capacity for renewable energy generation. Despite the potential, most countries in the region are yet to fully embrace renewable energy. Non-renewable sources still dominate their energy mix. This study examines the interplay between urbanization, renewable and non-renewable energy consumption, and environmental quality in the six Middle Eastern and North African countries from 1990 to 2021, using the mean group (MG), the mean group dynamic least squares (DOLSMG), the common correlated effect (CCE), augmented mean group (AMG) and the cross-section augmented ARDL (CS–ARDL). Accounting for urbanization, and economic growth, the findings of DOLSMG indicate that while renewable energy and manufacturing activities significantly contribute to environmental quality, urbanization and human capital development significantly contributes to environmental degradation. The CS-ARDL short-term and long run estimation result showed that manufacturing activities significantly contribute to environmental quality, When examined by country, it was found that there is a unidirectional causal relationship from economic growth, manufacturing value added, urbanization, human capital development to dioxide emissions in Saudi Arabia. While there is a unidirectional causality from manufacturing value added to dioxide emissions in Jordan, and a unidirectional causality from urbanization to dioxide emissions in Tunisia.

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Assessing the impact of the economic complexity on the ecological footprint in G7 countries: Fresh evidence under human development and energy innovation processes

Cited by 50 publications

References 108 publications

Dynamic linkages between tourism development, renewable energy and high-quality economic development: Evidence from spatial Durbin model

Dynamic linkages between tourism development, renewable energy and high-quality economic development: Evidence from spatial Durbin model

The Innovation-Based Human Development Index Using PROMETHEE II: The Context of G8 Countries

Human capital and manufacturing activities under environmentally-driven urbanization in the MENA region

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