Can intra-regional trade, renewable energy use, foreign direct investments, and economic growth mitigate ecological footprints in South Asia?

Murshed, Muntasir; Nurmakhanova, Mira; Al-Tal, Raad; Mahmood, Haider; Elheddad, Mohamed; Ahmed, Rizwan Raheem

doi:10.1080/15567249.2022.2038730

Cited by 55 publications

(27 citation statements)

References 90 publications

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“…A one per cent rise in GDP leads to a rise in the ecological footprint by 0.64 per cent in the long run. These results are in tune with the ndings by(Xue et al, 2021;Murshed, et al, 2022). In tune with the expectations renewable energy leads to a decline in the ecological footprint in the long run.…”

supporting

confidence: 79%

“…Plentiful research in the recent decade explores the nexus between economic growth and the quality of the environment proxy through EF and other major indicators of the environment (Xue et al, 2021;Murshed, et al, 2022). A growing set of studies consider that EF is an all-encompassing index of the quality of environment and an apposite measure on sustainable development ( Sharma et al,2021).…”

Section: Nexus Between Ecological Footprint; Economic Growth and Rene...mentioning

confidence: 99%

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Renewable energy, forest cover, export diversification and ecological footprint: A machine learning application in moderating eco-innovations on agriculture in BRICS-T economies

Padhan

Ghosh²,

Hammoudeh

2023

Preprint

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According to UN Climate Change Conference (UNFCCC, 2022), COP26 summit the global leaders urged the nations to develop the production capability and enhance the domestic capacity through technological progression and structural transformation. The set of BRICS-T economies (Brazil, Russia, India, China, South Africa and Turkey) account for 43 per cent of the global population and occupy around 30 per cent of land area across the global landscape in 2017. Additionally, they account for about 40 per cent of global greenhouse gas emissions in 2017. Therefore, this study investigates the role of renewable energy, export diversification on ecological footprint for BRICS-T countries over a period of 1990–2019. This study also examines the moderating effect of ecological-innovation on agriculture in BRICS-T countries. We use the parametric and non-parametric econometrics techniques to empirically imply the relationship between these series. According to Augmented Mean Group and Kernel Regularized Least Square methods, the role of economic growth, agriculture, export diversification, ecological innovation and the moderating effect of ecological innovations on agriculture impact the ecological footprint in the long-run respectively. Indeed, non-parametric time-varying panel data models with fixed effects is used to check the robustness. The policy insights have been explained in the conclusion section. JEL classification : Q57; Q2; Q55; C14; C01

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supporting

confidence: 79%

Section: Nexus Between Ecological Footprint; Economic Growth and Rene...mentioning

confidence: 99%

Renewable energy, forest cover, export diversification and ecological footprint: A machine learning application in moderating eco-innovations on agriculture in BRICS-T economies

Padhan

Ghosh²,

Hammoudeh

2023

Preprint

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“…They claim a long-term relationship exists between economic growth and EFP. Murshed et al (2022) empirically investigate the impact of economic growth, energy usage, and foreign investment on EFP for South Asian economies. They claim that expediting economic growth is immensely imperative for reducing the EFP in the selected region.…”

Section: Resultsmentioning

confidence: 99%

Influence of energy efficient infrastructure, financial inclusion, and digitalization on ecological sustainability of ASEAN countries

Chen

Zhang

2022

Front. Environ. Sci.

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ASEAN countries are emerging economies facing substantial, sustainable energy production and consumption challenges. Power sources’ availability, sustainability, and efficiency are imperative to ensure ecological sustainability. Therefore, these countries must explore the factors that promote sustainable energy supply. The current study investigates the interlinkages between energy infrastructure, financial inclusion, and digitalization on the ecological sustainability of ASEAN region from 1980 to 2018. The study applied the continuously updated fully modified (CUP-FM) and continuously updated bias-corrected (CUP-BC) estimators to address cross-sectional dependency and slope heterogeneity issues. The study’s findings show that energy infrastructure, financial inclusion, and digitalization help to reduce ecological footprints in the long run. Moreover, digitalization complements the impact of energy-efficient infrastructure on ecological footprints. These findings recommend that ASEAN countries should improve energy infrastructure by integrating digitalization into energy supply production, management, and distribution.

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“…Several factors may affect environmental degradation, such as renewable energy consumption, 18 environmental regulations, 19 and increasing economic activities. 20,21 In the last three decades, the total carbon dioxide (CO 2 ) emissions of MERCOSUR countries have nearly doubled. 22 Thus, one can say that the MERCOSUR countries, as developing countries have an important role in global environmental quality.…”

Section: Introductionmentioning

confidence: 99%

Convergence analysis of ecological footprint at different time scales: Evidence from Southern Common Market countries

Ursavaş

Yılancı

2022

Energy & Environment

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This study investigates the convergence in ecological footprint per capita across Southern Common Market countries over the period 1961–2016 within the framework of the environmental convergence hypothesis. However, unlike the existing literature, which mainly tests the convergence for the overall period, this study follows a different path. First, the time series is decomposed into different frequencies using the discrete wavelet transform method. Then, using the Fourier Augmented Dickey-Fuller and Augmented Dickey-Fuller unit root tests, convergence in ecological footprint per capita is tested for different time scales; short-run, medium-run, and finally long-run. The results indicate that countries show different convergence tendencies at different time scales. While the results support the convergence hypothesis for all countries in the short-run, the convergence hypothesis holds for only four and three of the five countries in the medium and long-run, respectively. Besides, the results show that the convergence hypothesis holds for only Uruguay for the whole period.

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Can intra-regional trade, renewable energy use, foreign direct investments, and economic growth mitigate ecological footprints in South Asia?

Cited by 55 publications

References 90 publications

Renewable energy, forest cover, export diversification and ecological footprint: A machine learning application in moderating eco-innovations on agriculture in BRICS-T economies

Renewable energy, forest cover, export diversification and ecological footprint: A machine learning application in moderating eco-innovations on agriculture in BRICS-T economies

Influence of energy efficient infrastructure, financial inclusion, and digitalization on ecological sustainability of ASEAN countries

Convergence analysis of ecological footprint at different time scales: Evidence from Southern Common Market countries

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