Effects of agriculture, renewable energy, and economic growth on carbon dioxide emissions: Evidence of the environmental Kuznets curve

Ridzuan, Nur Hilfa Awatif Mohamad; Marwan, Nur Fakhzan; Khalid, Norlin; Ali, Mohd Helmi; Tseng, Ming‐Lang

doi:10.1016/j.resconrec.2020.104879

Cited by 224 publications

(101 citation statements)

References 66 publications

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“…Additionally, for the developing and emerging economies, higher commercial bank lending is also strongly positively correlated with carbon emissions by other combustion industries. These findings are in agreement with the previous findings through Tables [4][5][6][7][8]. Although the emerging and developed economies continually put great efforts towards curbing carbon emissions by the combustion industries [61], our results show that this reduction is not particularly evident when considering the effect of DCPS and CBL on combustion industry emissions.…”

Section: Empirical Results and Discussionsupporting

confidence: 93%

Impact of Banking and Financial Systems on Environmental Sustainability: An Overarching Study of Developing, Emerging, and Developed Economies

et al. 2020

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In recent years, the developed, emerging, and developing economies have prioritized environmental sustainability attainment. In an attempt to offer some potential policy choices towards the achievement of sustainable development, this paper shifts emphasis from the popularly discussed economic development and carbon emissions nexus. Instead, we examine the impact of the banking and financial system’s activities on carbon emissions for a sample of 45 countries. These are comprised of developed, emerging, and developing countries between 1990 and 2017. To fill the gap in the literature, the nexus is examined in seven different phases. This study exposes robust and reliable empirical results with the use of Feasible General Least Squares, random effects with regards to the Durbin–Wu–Hausman test, and Difference General Method of Moments panel data estimation models. Our findings indicate that the increase of domestic credit to the private sector and commercial bank lending consistently contributes towards aggravated carbon emissions in all economic types. Additionally, increased deposit rates in developing economies, increased lending rates in developed economies, and increased deposit rates in emerging economies contribute towards the overall reduction of carbon emissions. The decrease in lending to high GHG emitting members of the private sector by financial institutions in all economies is recommended based on the results of this study.

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Section: Empirical Results and Discussionsupporting

confidence: 93%

Impact of Banking and Financial Systems on Environmental Sustainability: An Overarching Study of Developing, Emerging, and Developed Economies

et al. 2020

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“…The result indicates that, Ghana's economy has not grown enough to promote the use of renewable energy. There are other studies that state that economic development causes carbon emissions (Malik et al, 2020;Ridzuan, Marwan, Khalid, Ali, & Tseng, 2020). However, it is not so for Ghana.…”

Section: Resultsmentioning

confidence: 99%

Do Globalization and Economic Development Promote Renewable Energy Use in Ghana?

Gyimah¹,

Seth²,

George³

et al. 2021

IJAERS

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The fight against global warming has been a global battle. Environmental sustainability and a sustainable economy have been a concern for many nations, government organizations, and non-government organizations. Therefore, it is highly recommended to investigate the factors that lead to carbon emissions and how the world could overcome them. This study uses GMM and FMOLS to analyze the contribution of globalization which is measured as foreign direct investment and trade openness, economic development, and population growth towards the use of renewable energy. The period under study is from 1990 to 2015. The result of the study indicates trade openness helps promote the use of renewable energy. A 1% increase in trade openness would raise renewable energy consumption by 39%. However, foreign direct investment does not motivate the use of renewable energy, and economic development does not add to renewable energy consumption. Population growth helps promote renewable energy usage. The government of Ghana has to restrict its environmental regulations to protect the environment from foreign investors. I.

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“…At present, some scholars at home and abroad have studied the relationship between agricultural carbon dioxide emissions and social economic growth. Ridzuan et al [ 2 ] found that the relationship between carbon dioxide emissions and economic development is an inverted U, while Alkhathlan and Javid [ 3 ] believed that the relationship between them was a N-shaped curve. Coondoo and Dinda [ 4 ] analyzed the relationship between agricultural carbon dioxide emissions and per capita income from the perspective of Granger causality, and found that different countries had different causality.…”

Section: Introductionmentioning

confidence: 99%

The impact of socio-economic institutional change on agricultural carbon dioxide emission reduction in China

Long

Tang

2021

PLoS ONE

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With the change of social economic system and the rapid growth of agricultural economy in China, the amount of agricultural energy consumption and carbon dioxide emissions has increased dramatically. Based on the estimation of agricultural carbon dioxide emissions from 1991 to 2018 in China, this paper uses EKC model to analyze economic growth and agricultural carbon dioxide emissions. The Kaya method is used to decompose the factors affecting agricultural carbon dioxide emissions. The experimental results show that there is a co-integration relationship between economic growth and the total intensity of agricultural carbon emissions, and between economic growth and the intensity of carbon emissions caused by five types of carbon sources: fertilizer, pesticide, agricultural film, agricultural diesel oil and tillage. Economic growth is the main driving factor of agricultural carbon dioxide emissions. In addition, technological progress has a strong role in promoting carbon emission reduction, but it has a certain randomness. However, the impact of energy consumption structure and population size on carbon emissions is not obvious.

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Effects of agriculture, renewable energy, and economic growth on carbon dioxide emissions: Evidence of the environmental Kuznets curve

Cited by 224 publications

References 66 publications

Impact of Banking and Financial Systems on Environmental Sustainability: An Overarching Study of Developing, Emerging, and Developed Economies

Impact of Banking and Financial Systems on Environmental Sustainability: An Overarching Study of Developing, Emerging, and Developed Economies

Do Globalization and Economic Development Promote Renewable Energy Use in Ghana?

The impact of socio-economic institutional change on agricultural carbon dioxide emission reduction in China

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