Reconsidering the environmental Kuznets curve, pollution haven, and pollution halo hypotheses with carbon efficiency in China: A dynamic ARDL simulations approach

Özkan, Oktay; ÇOBAN, Mustafa Necati; Iormom, Bruce; Usman, Ojonugwa

doi:10.1007/s11356-023-26671-5

Cited by 19 publications

(3 citation statements)

References 82 publications

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“…Furthermore, the positive correlation between the GDP per capita and sustainable development aligns with the Environmental Kuznets Curve (EKC) hypothesis, which theorizes that environmental quality initially deteriorates during economic development but improves once a certain income level is achieved [44]. A case study focusing on China, conducted by [45], exemplifies this, as it shows how the nation's increasing GDP per capita has coincided with advancements in environmental quality and sustainable practices. Nevertheless, it is worth noting that the GDP per capita does not serve as an impeccable measure of well-being or sustainable development.…”

Section: Discussionmentioning

confidence: 61%

Exploring the Complex Nexus between Sustainable Development and Green Tourism through Advanced GMM Analysis

et al. 2023

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This research explores the complex nexus between sustainable development and green tourism across a representative set of 30 countries. To ensure robustness against potential endogeneity issues, the advanced Generalized Method of Moments (GMM) estimator is utilized for the analysis. Concurrently, key macroeconomic variables such as the GDP per capita, the literacy rate, and the population growth rate, along with environmental performance as captured by the Environmental Performance Index (EPI), are introduced as control variables. The findings reveal a notable positive correlation between sustainable development and green tourism, highlighting the integral role of green tourism in advancing sustainable development. This study also identifies complex associations between sustainable development and the control variables. Positive correlations are observed with the GDP per capita, the literacy rate, and the EPI, while the population growth rate exhibits a negative correlation with sustainable development. The outcomes underline the necessity of integrating sustainable tourism and environmental strategies into the wider discourse on sustainable development. This study provides substantial empirical insights into the multifaceted interplay of economic, social, and environmental factors, offering important implications for policymakers and academics alike. These findings contribute to a deeper understanding of sustainable development determinants and set a robust groundwork for the design of balanced, comprehensive development strategies.

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Section: Discussionmentioning

confidence: 61%

Exploring the Complex Nexus between Sustainable Development and Green Tourism through Advanced GMM Analysis

et al. 2023

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“…On the contrary, the finding of this study is in disagreement with Balcilar et al ( 2023a ), who found that the TNCs who undertake FDI behave in such a way that leads to environmental damage in African countries. Ozkan et al ( 2023a ) and Pata et al ( 2023a ) also revealed the negative impact of FDI on environmental quality in China. This is because the motive behind their operations is anchored on profit accumulation.…”

Section: Resultsmentioning

confidence: 94%

Energy security-related risks and the quest to attain USA’s net-zero emissions targets by 2050: a dynamic ARDL simulations modeling approach

Usman,

Ozkan,

Alola

et al. 2024

Environ Sci Pollut Res

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The Russia-Ukraine war and other similar conflicts across the globe have heightened risks to the United States of America's (USA’s) energy security. However, little is known about the severity of the effect of energy security risks on the USA’s quest to attain net-zero emissions targets by 2050. To this end, we examine the effect of energy security risks on the load capacity factor (LCF) in the USA. Employing a time series dataset spinning from 1970 to 2018, the results of the Dynamic Autoregressive Distributed Lag (ARDL) simulations model suggest that energy security-related risk hampers the long-term net-zero emissions targets with its effect decreasing over time until it varnishes in about 5 years time. The results also show that foreign direct investment (FDI) inflows, renewable energy consumption, and green technology have long- and short-run positive effects on the LCF. Conversely, economic expansion and urbanization impede environmental quality by lowering the LCF both in the long run and short run. These findings are upheld by the outcomes of the multivariate quantile-on-quantile regression. Therefore, the study advocates for the consumption of renewable energy, investment in green technologies, and FDI inflows to mitigate energy security-related risks and attain the net-zero emissions targets by 2050 in the USA.

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“…The bibliometric analysis indicates that there is an upward trend in the number of research in the field of green economy, circular economy and sustainable development; however, there are country-specific differences in terminology (Ali et al, 2021). At that, all researchers tend to believe that the efficient use of resource, the circular economy, innovation, social integration, ecosystem protection, etc., contribute to the coordinated development of the economy, society and the environment and the achievement of sustainable development (Ozkan et al, 2023). Sustainability and the green economy in Russia are also deeply investigated (Bobylev and Solovyeva, 2017;Zhironkin et al, 2017;Popkova et al, 2018;Karieva et al, 2020;Tulupov et al, 2020;Lavrikova et al, 2021;Kuznetsova et al, 2022;Tagaeva et al, 2022).…”

Section: Digital Economy and Sustainable Developmentmentioning

confidence: 99%

Environmental financing: does digital economy matter?

Akberdina,

Lavrikova,

Vlasov

2024

Front. Environ. Sci.

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Sustainable development and ecological restoration are a common goal pursued by countries around the world to mitigate the collision between economic growth and the environment. Digital economy has been rather instrumental in settling this type of conflict. The study is intended to identify the relationship between digital financing and environmental financing by assessing the specificities of their temporal and industry-specific dynamics, as well as to determine the side effects that the digital economy has in terms of current environmental investments and costs. The special attention is paid to the effect of the digital economy on both total environmental financing and its components, namely, environmental investment and current environmental protection costs. The authors come up with two indicators to evaluate the impact of the digital economy, these are digital financing (direct impact) and digital capital (indirect impact). To calculate these indicators, the authors’ own method is developed. The impact of the digital economy on environmental financing was tested using the least squares method with clustering of annual standard deviation and individual fixed effects. The research data were retrieved from the Federal State Statistics Service (Rosstat) of the Russian Federation for 2012–2022. Our findings show that digital financing exerts a significant positive effect on environmental financing, which indicates that two dynamic processes in the economy—digital transformation and introduction of advanced environmental digital technologies—are synchronized. The authors prove that digital investments stimulate a comparable increase in environmental investment due to the effects created by digital technologies penetrating into environmental protection technologies. We demonstrate that the level of digitalization of the population, companies and the state assessed through the digital capital index has a positive effect on environmental financing. The results of the study are of use in the sphere of public policy.

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Reconsidering the environmental Kuznets curve, pollution haven, and pollution halo hypotheses with carbon efficiency in China: A dynamic ARDL simulations approach

Cited by 19 publications

References 82 publications

Exploring the Complex Nexus between Sustainable Development and Green Tourism through Advanced GMM Analysis

Exploring the Complex Nexus between Sustainable Development and Green Tourism through Advanced GMM Analysis

Energy security-related risks and the quest to attain USA’s net-zero emissions targets by 2050: a dynamic ARDL simulations modeling approach

Environmental financing: does digital economy matter?

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