Investigating the impact of RE consumption on CO2 emissions: evidence from the SAARC countries

Abstract

Purpose. To study CO2 emissions through the use of renewable energy (RE) in the countries of the South Asian Association for Regional Co-operation (SAARC) region (Bangladesh, Bhutan, Sri Lanka, India, Pakistan, Afghanistan, Nepal, and the Maldives) using the data between 2002 and 2020. Methodology. For the purpose of the study, panel estimation methods were employed including Pooled Mean Group (PMG), Mean Group (MG), and Dynamic Fixed-Effect (DFE). Findings. Hausman test confirms the efficiency of PMG estimation method compared to MG estimation method and DFE estimation method. The results of PMG indicate long-run relationships among the studied variables. Besides, the outcomes of PMG reveal the negative impact of RE on CO2 emissions in the long-run, while in the short-run, the study did not reveal the impact of RE on CO2 emissions. In the case of specific countries, the results show that RE features increased CO2 emissions in a country like Pakistan in the short-run, while RE decreases CO2 emissions in Bhutan, Nepal and Afghanistan in the short-run. Originality. The study found the impact of RE consumption on CO2 emissions in SAARS countries obtained for the first time in the terms of SAARS region. Practical value. The governments of the SAARC countries can use the results of the study attempting to decrease CO2 emissions.

Financial Literacy of Financial Institutions in Bangladesh

“…However, as highlighted by Afzal et al (2021), despite these advancements, there remain gaps in understanding the nuanced interplay between financial literacy, regulatory compliance, and the ethical responsibilities of financial institutions. This presents a compelling case for further research, particularly within the context of a rapidly evolving financial landscape (Ahmed et al, 2022;.…”

“…The level of financial literacy within these institutions directly influences their ability to make informed decisions, manage risks effectively, and contribute to the nation's economic growth. Recognizing the gaps in understanding and practice, this paper delves into the subject to shed light on the extent of financial literacy among financial institutions in Bangladesh (Akhter et al, 2021;Akhter et al, 2022;;Akhter et al, 2022;Ahmed et al, 2022). The primary aim of this research is to comprehensively assess the current state of financial literacy within various types of financial institutions in Bangladesh.…”

An Analysis on the Role of Stock Brokerage Houses in Community Development

“…(Groth et al, 1979). Brokerages could facilitate investments in local businesses and real estate projects, directing capital towards community development initiatives (Chowdhury et al, 2022;Zayed et al, 2021a;Ahmed et al, 2022;Al-Quraan et al, 2022;Faisal-E-Alam et al, 2022;Mia et al, 2022;Zayed et al, 2021a). Stock brokerages could direct a portion of their profits or partner with existing organizations to support community development projects such as educational programs or infrastructure upgrades.…”

An Empirical Study of the Effects of Customer Satisfaction and Loyalty in the Telecommunication Industry in Bangladesh

“…As a result, it has a good and necessary significant impact on the growth of the economy. The best price of the supply of telecommunications providers to the general population can be greatly reduced long using Wi-Fi technologies In Another, discovered that telecommunications certainly have a significant impact on the growth of an economy (Rahman et al, 2021b;Shahriar 2021a;Shahriar 2021b;Zayed et al, 2021a;Ahmed et al, 2022).…”