Heterogeneous effect of GHG emissions and fossil energy on well-being and income in emerging economies: a critical appraisal of the role of environmental stringency and green energy

Tariq, Muhammad Atiq Ur Rehman; Xu, Yingzhi

doi:10.1007/s11356-022-20853-3

Cited by 11 publications

(9 citation statements)

References 71 publications

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“…Hence, this indicates the neutral effect of renewable energy utilisation on QoL. This outcome contradicts positive effects in studies such as Ajide and Ibrahim (2021), Tariq and Xu (2022), and Sinha et al (2023). The result implies that developing and emerging African countries are at the breakeven stage of renewable energy utilisation for effectively promoting the standard of living on the continent.…”

Section: Discussion Of Panel Estimated Outputsmentioning

confidence: 63%

“…The linkages between QoL and renewable energy are explored in several studies, including Sarpong et al (2020); Moore and Collins (2020); Luni and Majeed (2020); Ramos and Rouboa (2020); Ajide and Ibrahim (2021); Rodriguez-Alvarez (2021); Tian et al (2021); Shang et al (2022); Omri et al (2022); Alharthi et al (2022); Behera et al (2022); Tariq and Xu (2022). Several of these studies asserted that renewable energy positively impacts QoL; thus, investment in renewable energy plays a vital part in conserving the environment and enhancing QoL.…”

Section: Qol and Renewable Energymentioning

confidence: 99%

“…Earlier econometric techniques are known to neglect the effect of cross-sectional dependency (CSD) and slope heterogeneity in panel data analysis. Therefore, most first-generation econometric models are susceptible to biased and inefficient output when CSD and slope heterogeneity are validated (Pesaran and Yamagata, 2008;Pesaran, 2015;Tariq and Xu, 2022;Aladejare, 2023c,d). Thus, this study employed first and second-generation pre-estimation econometric tests to avoid spurious regression outcomes.…”

Section: Estimation Processmentioning

confidence: 99%

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Assessing Quality of Life from the Lens of Sustainability in Africa

Aladejare¹,

Osagu²

2023

Preprint

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The complex and multidimensional nature of the quality of life (QoL) concept has given rise to different empirical works attempting to determine factors that could enhance its level in developing and emerging economies. Thus, scholars and policymakers have continued to demonstrate a keen interest in the concept because of its critical role in social planning—the goal is to accelerate the level of QoL of the people by lowering the harmful effects of social inequalities prevailing in today’s society. QoL forms one of the twenty-first century’s significant and disturbing social subjects. Thus, this study examined QoL from the sustainability perspective using ecological demands, renewable energy, income, urbanisation, and external debt in 44 African countries between 1990 and 2020. The study applied a battery of first and second-generation estimation techniques, including the dynamic common correlated effect, generalised linear mixed effect model, panel corrected standard error, and panel dynamic ordinary least squares procedures for deriving robust study inferences. The study demonstrated that as ecological demands and external debt continues to grow, QoL is adversely affected. Also, while income and urbanisation significantly positively affected QoL, renewable energy’s impact was neutral. The study proposed applicable policy measures for QoL enhancement in developing and emerging economies. JEL Classification: I31, O55, Q01.

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Section: Discussion Of Panel Estimated Outputsmentioning

confidence: 63%

Section: Qol and Renewable Energymentioning

confidence: 99%

Section: Estimation Processmentioning

confidence: 99%

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Assessing Quality of Life from the Lens of Sustainability in Africa

Aladejare¹,

Osagu²

2023

Preprint

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“…The main purpose of levying a carbon tax/price on fossil fuels based on their carbon level is to assure ecological safety and sustainability. Tariq and Xu (2022), and Hao et al (2021) examined the crucial role of carbon pricing on CO 2 emissions in G‐7 countries and discovered that carbon price is significantly reduced CO 2 emissions; thus, these economies must concentrate on ecological pricing policies through taxation as well as green economic growth at the same time. Although most of the research reviewed in the literature showed the negative impact of carbon prices on pollutant emissions and the positive impact on environmental quality.…”

Section: Literature Reviewmentioning

confidence: 99%

Toward low‐carbon emissions and green growth for sustainable development in emerging economies: Do green trade openness, eco‐innovation, and carbon price matter?

Tariq

Ullah

et al. 2023

Sustainable Development

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Due to substantial development in emerging economies over the last three decades, climate complexities are increasing which have posed serious threats to environmental quality and sustainability. To this end, eco‐innovation, green trade openness (GTO), and carbon price have been recognized as effective tools for environmental mitigation and promotion of green growth (GG) in the core of COP 26, Sustainable Development Goals 2030, and Carbon Neutrality by 2060. Considering this, the aim of this study is to investigate the influence of eco‐innovation, GTO, and carbon price on GG and low‐carbon emissions in emerging economies over the period 1996–2021. The current study provides a standard green Solow growth model by introducing a new GG index using the entropy weight method. This index incorporates 30 indicators across five dimensions which emphasizes the essential roles of the investigated factor. Additionally, the current study provides a new index for GTO utilizing an extensive green trading basket of 255 commodities. Due to the cross‐sectional dependency, and slope heterogeneity in the models, this study used dynamic heterogeneous panel data estimation techniques that is, cross‐sectional based augmented nonlinear autoregressive distributed lag, and nonlinear augmented mean group to probe the asymmetric effects. The outcomes from the empirical analysis reveal that positive shocks in environmental innovation, GTO, carbon price, and green energy mitigate carbon emissions and promote green economic growth while the negative shocks in these variables cause environmental degradation and reduce GG in emerging economies. Finally, from policy insight, this study suggests that policy makers in emerging economies should invigorate GTO, stimulate environmental innovation and green energy, implement carbon price mechanisms, and establish a balance between environmental protection and economic growth.

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“…The continuous increase in fossil energy consumption has had a severe impact on the environment and led to the current global energy crisis. 1 Great efforts have been made to remedy these issues, resulting in the development of sustainable clean energy approaches through harnessing solar, 2 wind, 3 thermal, 4 and mechanical energy. Piezoelectric nanogenerators (PNGs) harvest mechanical energy from the surrounding environment and convert it into electrical energy.…”

Section: Introductionmentioning

confidence: 99%