Influence of tourism, governance, and foreign direct investment on energy consumption and CO2 emissions: a panel analysis of Muslim countries

Muhammad, Faqeer; Khan, Anwar; Razzaq, Naveed; Karim, Rehmat

doi:10.1007/s11356-020-10502-y

Cited by 53 publications

(30 citation statements)

References 113 publications

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“…Nevertheless, political instability and corruption negatively influence FDI, whereas enhancing political and institutional structures affirmatively impact FDI flows [59]. Furthermore, the capacity of governments and institutions to implement and facilitate FDI is constrained by the goals of such investments within the various economic sectors [61].…”

Section: The Connection Between Fdi and Co 2 Emissionsmentioning

confidence: 99%

Probing the Effect of Governance of Tourism Development, Economic Growth, and Foreign Direct Investment on Carbon Dioxide Emissions in Africa: The African Experience

Agyeman

et al. 2022

Energies

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The environmental repercussions of extensive carbon dioxide (CO2) emissions on the environment are crucial for policymakers and scholars. The repercussions of and connection between economic growth (ECG), tourism (TOUR), and foreign direct investment (FDI) on CO2 emission mitigation have been measured and argued from empirical and theoretical perspectives by scholars. Notwithstanding, the extant body of knowledge has failed to incorporate and investigate the function of governance in decarbonizing tourism activities and FDI from CO2 emissions to attain a healthy and quality environment in Africa. Hence, this current research investigates governance’s role in the reduction processes of CO2 emissions grounded in environmental Kuznets curve (EKC) conceptual assumptions for panel data spanning 2000 through 2020 for 27 African countries. This research utilized the Westerlund panel cointegration approach for the investigation of the cointegration of the selected variables. This study applied the Driscoll–Kraay regression approach for the long-term estimation. In addition, the dynamic ordinary least squares (DOLS) and the pooled mean group (PMG) were used for robustness checks. The findings of this research indicated that the governance (GOV) indicators employed have a statistically significant effect on the CO2 emission reduction. Besides, this study found that the appreciation of the income of the nations gives credence to the formation of the EKC theory and contributes to the decline in CO2 emissions within the selected African nations. The findings revealed that tourism, FDI, ECG, and GOV are positive and significant factors leading to increased CO2 emissions in Africa. Furthermore, the results showed that effective governance and control of FDI inflows and tourism activities can support decarbonization. These findings suggest the merits of governance in ensuring effective decarbonization policies of the environment, and policy suggestions are accordingly put forward.

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Section: The Connection Between Fdi and Co 2 Emissionsmentioning

confidence: 99%

Probing the Effect of Governance of Tourism Development, Economic Growth, and Foreign Direct Investment on Carbon Dioxide Emissions in Africa: The African Experience

Agyeman

et al. 2022

Energies

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“…Over the years, numerous scholars have tried to report on the effects of globalization (GLO) on CO 2 emissions (CO 2 ); nonetheless, their outcomes have generated mixed findings. For instance, Muhammad and Khan (2021) assessed the emission-globalization association in 31 developed and 155 developing economies between 1991 and 2018 utilizing the GMM approach and their outcomes revealed that in emerging nations, globalization reduces environmental quality, whereas in advanced nations, globalization enhances the quality of the environment. Likewise, the study of Rahman (2020) used FMOLS and DOLS to investigate the emissionglobalization nexus in the top 10 electricity-consuming countries between 1971 and 2013 and found a negative interrelation between globalization and CO 2 emissions.…”

Section: Co 2 Emissions and Globalization Relationshipmentioning

confidence: 99%

Asymmetric nexus between technological innovation and environmental degradation in Sweden: an aggregated and disaggregated analysis

Adebayo

Oladipupo

Kırıkkaleli

et al. 2022

Environ Sci Pollut Res

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The number of studies on the relationship between technological innovation and CO 2 emissions has gradually increased in recent years, although there is no clear agreement in the literature. Previous research has revealed both positive and negative consequences of technological innovation on the environment. Moreover, most researchers have used linear approaches to explore this connection, which can result in spurious outcomes when nonlinearities exist in the data. According to this background, this research utilizes asymmetric ARDL and spectral causality approaches to assess the asymmetric connection between technological innovation and CO 2 emissions in Sweden utilizing data from 1980 to 2018. In addition, the disaggregated asymmetric effects of technological innovation (patent resident and patent nonresident) on CO 2 are also captured in this study. The Nonlinear Autoregressive Distributed lag (NARDL) results showed that positive (negative) shocks in economic growth enhance environmental quality in Sweden. Furthermore, a positive (negative) shock in technological innovation causes a decrease (increase) in CO 2 . Similarly, a positive (negative) shock in patent nonresident and residents leads to a decrease (increase) in CO 2 emissions in Sweden. The outcomes from the spectral causality revealed that in the medium and long term, aggregate and disaggregate technological innovation can predict CO 2 emissions in Sweden. This study has significant policy implications for policymakers and the government in Sweden. Based on these findings, the study suggests that the government of Sweden should investment in technological innovation since it plays a vital role in curbing environmental degradation.

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“…Adebayo and Akinsola [ 35 ] observed a two-way causal connection between CO 2 emissions and energy use in Thailand. Muhammad et al [ 45 ] concluded that the increase in energy use contributes to environmental pollution in 13 Muslim countries between 2002 and 2014. Furthermore, there is evidence of a one-way causal connection from energy use to CO 2 emissions.…”

Section: Literature Reviewmentioning

confidence: 99%

Dominance of Fossil Fuels in Japan’s National Energy Mix and Implications for Environmental Sustainability

Adebayo

Awosusi²,

Oladipupo

et al. 2021

IJERPH

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Despite the drive for increased environmental protection and the achievement of the Sustainable Development Goals (SDGs), coal, oil, and natural gas use continues to dominate Japan’s energy mix. In light of this issue, this research assessed the position of natural gas, oil, and coal energy use in Japan’s environmental mitigation efforts from the perspective of sustainable development with respect to economic growth between 1965 and 2019. In this regard, the study employs Bayer and Hanck cointegration, fully modified Ordinary Least Square (FMOLS), and dynamic ordinary least square (DOLS) to investigate these interconnections. The empirical findings from this study revealed that the utilization of natural gas, oil, and coal energy reduces the sustainability of the environment with oil consumption having the most significant impact. Furthermore, the study validates the environmental Kuznets curve (EKC) hypothesis in Japan. The outcomes of the Gradual shift causality showed that CO2 emissions can predict economic growth, while oil, coal, and energy consumption can predict CO2 emissions in Japan. Given Japan’s ongoing energy crisis, this innovative analysis provides valuable policy insights to stakeholders and authorities in the nation’s energy sector.

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Influence of tourism, governance, and foreign direct investment on energy consumption and CO2 emissions: a panel analysis of Muslim countries

Cited by 53 publications

References 113 publications

Probing the Effect of Governance of Tourism Development, Economic Growth, and Foreign Direct Investment on Carbon Dioxide Emissions in Africa: The African Experience

Probing the Effect of Governance of Tourism Development, Economic Growth, and Foreign Direct Investment on Carbon Dioxide Emissions in Africa: The African Experience

Asymmetric nexus between technological innovation and environmental degradation in Sweden: an aggregated and disaggregated analysis

Dominance of Fossil Fuels in Japan’s National Energy Mix and Implications for Environmental Sustainability

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