Globalization, electricity consumption and ecological footprint: An autoregressive distributive lag (ARDL) approach

Langnel, Zechariah; Amegavi, George Babington

doi:10.1016/j.scs.2020.102482

Cited by 110 publications

(41 citation statements)

References 49 publications

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“…Particularly, Kassouri and Altıntaş (2020) and Langnel & Amegavi (2020) both indorses the environmental Kuznets curve (EKC) hypothesis correspondingly. The research used the EP instead of traditional CO2 as a surrogate for environmental sustainability to test the EKC hypothesis's relevance.…”

mentioning

confidence: 99%

“…Taking into account that the EP measures the effect of human actions on the available resources of the Earth [Global Footprint Network, GFN, 2019], the analysis 83 of the complexities of the EP is set to provide more detail on the formulation of policy. The significance of mitigating the effect of human activity on the environment, various studies have further investigated the variety of environmental viewpoints within the EP framework (Ahmed et al, 2019;Kassouri and Altıntaş, 2020;Langnel & Amegavi, 2020).…”

mentioning

confidence: 99%

“…While introducing other determinants such as energy consumption and financial development, both studies established an inverted U-shaped association between 90 GDP and the EP. In a wider viewpoint, the EP has been explored together with other economic indicators such as 91 financial development, renewable energy, and economic growth (Kirikaleli et al 2020;Saud et al 2020;Ahmed et al 2021;Ahmed et al 2019;Kassouri and Altıntaş, 2020;Langnel & Amegavi, 2020;Ansari et al 2020). For instance, Saud et al (2020), and Ansari et al (2020) found a negative association between EP and GDP, while Rudolph and Figge (2017), Ahmed et al (2019), Kirikkaleli et al (2020), and found positive interconnection between EP and GDP.…”

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confidence: 99%

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Ecological footprint, public-private partnership investment in energy, and financial development in Brazil: a gradual shift causality approach

Akinsola¹,

Awosusi

Kırıkkaleli

et al. 2021

Environ Sci Pollut Res

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The present study aims to close this gap in the literature by exploring the effect of public-private partnerships in energy and financial development on Brazil's ecological footprint by considering the impact of renewable energy and economic growth using data spanning from 1983 to 2017. The study utilized several techniques such as ARDL, FMOLS, DOLS, and CCR to examine the relationship between ecological footprint and the determinants, while the Gradual shift causality test was utilized to capture the causal linkage between the series in the presence of structural break. The outcome of the Maki Cointegration test revealed evidence of a long-run association among the variables of interest. Furthermore, the results of the ARDL, FMOLS, DOLS, and CCR tests revealed that economic growth and public and private investment in energy increase environmental degradation while both renewable energy and financial development mitigates it. Moreover, the Gradual shift causality test revealed a bidirectional causal linkage between ecological footprint and economic growth. The present study recommends establishing a forum that will foster public and private partnerships to enhance communication, which will create collaboration for new initiatives for green technological innovations. Additionally, the financial market can be assisted by the government by formulating a framework that would promote low carbon technology development.

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confidence: 99%

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confidence: 99%

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confidence: 99%

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Ecological footprint, public-private partnership investment in energy, and financial development in Brazil: a gradual shift causality approach

Akinsola¹,

Awosusi

Kırıkkaleli

et al. 2021

Environ Sci Pollut Res

View full text Add to dashboard Cite

show abstract

“…Taking into account that the EP measures the effect of human actions on the available resources of the Earth [Global Footprint Network, GFN, 2019], the analysis of the complexities of the EP is set to provide more detail on the formulation of policy. The significance of mitigating the effect of human activity on the environment, various studies have further investigated the variety of environmental viewpoints within the EP framework (Ahmed et al, 2019;Kassouri and Altıntaş, 2020;Langnel & Amegavi, 2020).…”

Section: Introductionmentioning

confidence: 99%

“…While introducing other determinants such as energy consumption and financial development, both studies established an inverted U-shaped association between GDP and the EP. In a wider viewpoint, the EP has been explored together with other economic indicators such as financial development, renewable energy, and economic growth (Kirikaleli et al 2020;Saud et al 2020;Ahmed et al 2021;Ahmed et al 2019;Kassouri and Altıntaş, 2020;Langnel & Amegavi, 2020;Ansari et al 2020). For instance, Saud et al (2020), andAnsari et al (2020) found a negative association between EP and GDP, while Rudolph and Figge (2017), Ahmed et al (2019), Kirikkaleli et al (2020), and found positive interconnection between EP and GDP.…”

Section: Introductionmentioning

confidence: 99%

Ecological Footprint, Public-Private Partnership Investment in Energy and Financial Development in Brazil: A Gradual Shift Causality Approach

Akinsola

Awosusi

Kırıkkaleli

et al. 2021

Preprint

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The present study aims to close this gap in the literature by exploring the effect of public-private partnerships in energy and financial development on Brazil’s ecological footprint by considering the impact of renewable energy and economic growth using data spanning from 1983 to 2017. The study utilized several techniques such as ARDL, FMOLS, DOLS, and CCR to examine the relationship between ecological footprint and the determinants, while the Gradual shift causality test was utilized to capture the causal linkage between the series in the presence of structural break. The outcome of the Maki Cointegration test revealed evidence of a long-run association among the variables of interest. Furthermore, the results of the ARDL, FMOLS, DOLS, and CCR tests revealed that economic growth and public and private investment in energy increase environmental degradation while both renewable energy and financial development mitigates it. Moreover, the Gradual shift causality test revealed a bidirectional causal linkage between ecological footprint and economic growth. The present study recommends establishing a forum that will foster public and private partnerships to enhance communication, which will create collaboration for new initiatives for green technological innovations. Additionally, the financial market can be assisted by the government by formulating a framework that would promote low carbon technology development.

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Information communication technology, globalization, and energy poverty: Prospects for sustainable development in the N‐11 countries

Wang,

Pan,

Wang

et al. 2024

Sustainable Development

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Energy poverty is a significant barrier to sustainable development, affecting millions of people worldwide. However, technology offers innovative solutions that can bridge the energy gap and promote access to reliable and affordable energy services. In this study, we analyze the impact of ICT and globalization on energy poverty in N‐11 countries from 1990 to 2021, utilizing education, financial development, and economic growth as control variables. Results explain that the impact of ICT on energy poverty in lower quantiles appears to be relatively weak and positive, suggesting that it may be of limited effectiveness in reducing energy poverty in the most vulnerable populations. At higher quantiles, however, the impact becomes increasingly hostile, which suggests that higher ICT levels may exacerbate energy poverty among those who are already experiencing it. Energy poverty tends to decrease as globalization increases, as evidenced by the statistically significant negative coefficients across all quantiles. At the 10th percentile (Q0.1), an increase of one unit in globalization is associated with a reduction of 0.898 in energy poverty. Similarly, at the 90th percentile (Q0.9), an increase of one unit in globalization increases to 0.050 in energy poverty. It is possible to optimize resource utilization, reduce costs, and increase energy access through regional energy cooperation frameworks, such as cross‐border electricity grids or gas pipelines. In order to promote sustainable energy practices among citizens, the government should prioritize investing in clean energy projects, promoting energy conservation, and raising awareness of the importance of sustainable energy practices.

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Globalization, electricity consumption and ecological footprint: An autoregressive distributive lag (ARDL) approach

Cited by 110 publications

References 49 publications

Ecological footprint, public-private partnership investment in energy, and financial development in Brazil: a gradual shift causality approach

Ecological footprint, public-private partnership investment in energy, and financial development in Brazil: a gradual shift causality approach

Ecological Footprint, Public-Private Partnership Investment in Energy and Financial Development in Brazil: A Gradual Shift Causality Approach

Information communication technology, globalization, and energy poverty: Prospects for sustainable development in the N‐11 countries

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