Sustainable development, environmental policy and renewable energy use: A dynamic panel data approach

The transport sector due to growing population significantly contributes to greenhouse gases, and its share in carbon dioxide (CO2) emissions are increasing around the world. Therefore, this study investigates the linkage between research and development (R&D), transport, real income, and transport's CO2 in Organization for Economic Cooperation and Development (OECD) countries from 1990 to 2015. The study uses long‐run robust panel estimation methods such as mean group, fully modified ordinary least square, and DK standard regression that allow for heterogeneity and cross‐sectional dependence in the panel data analysis. The study finds that real income and population density contributes to CO2 emissions. Furthermore, transport infrastructure has an insignificant impact on CO2 emissions. However, R&D has a diminishing negative impact that lowers CO2 emissions. The control over the high population density and investment in R&D in clean energy production projects are necessary to combat the high rate of transport's CO2 emissions in OECD countries.

Section: Literature Reviewmentioning

confidence: 99%

“…However, sustainable development has remained the key focus in the last two decades (Danish & Wang, 2019a). Several studies have determined the relation of sustainable development with different factors including environmental policy and renewable energy (Fotis & Polemis, 2018); human development (S.…”

Section: Literature Reviewmentioning

confidence: 99%

Toward achieving environmental sustainability target in Organization for Economic Cooperation and Development countries: The role of real income, research and development, and transport infrastructure

Khan

Zhang

Hassan

et al. 2019

“…However, only the rebound effect of fossil energy needs to be suppressed. Nonfossil energy sources are clean and renewable, presenting no threat of greenhouse gas emission or environmental pollution (Fotis & Polemis, ). Hence, technological advances will enable nonfossil energy to completely replace fossil energy sources and will be of great significance for future emissions reduction and sustainable development (Chen, Xu, Cui, Huang, & Song, ; Colenbrander, Sudmant, Chilundika, & Gouldson, ; Ukko, Saunila, Rantala, & Havukainen, ).…”

Section: Introductionmentioning

confidence: 99%

Section: Introductionmentioning

confidence: 99%

Analysis of the rebound effects of fossil and nonfossil energy in China based on sustainable development

Chen

Gao

Ding

et al. 2019

Although the rebound effect caused by technological progress has been widely accepted, few studies have estimated and compared the rebound effects of fossil and nonfossil energy separately, because fossil and nonfossil energy consumption have different effects on sustainable development. We use the data envelopment analysis–Malmquist index, logarithmic mean Divisia index, and Jacobian matrix methods to estimate and compare the rebound effects of China's fossil and nonfossil energy during 2006–2014. Empirical results show that nonfossil energy had a higher rebound effect than fossil energy and that technological progress was helpful in decreasing the proportion of fossil energy consumption. Furthermore, we found that technological progress contributed to increases in the relative price of fossil energy, causing nonfossil energy to be more favored. Simultaneously, nonfossil energy produced a substitution effect on fossil energy over the long term. On the basis of the empirical analysis, we also present some environmental policy implications.

“…From a policy perspective, our estimation results suggest that improving the status of women worldwide, especially in the developing countries, can reduce CO 2 emissions. Although there is now a relatively large body of research that have examined the determinants of CO 2 emissions (Adams & Klobodu, 2017;Burke, Shahiduzzaman, & Stern, 2015;Fotis & Polemis, 2018;Iwata, Okada, & Samreth, 2012;Li, Wang, & Zhao, 2016;Liao & Cao, 2013;Lv, 2017), especially, lots of empirical studies explore the association between GDP and CO 2 emissions (Atici, 2009;Galeotti, Manera, & Lanza, 2009;Osabuohien, Efobi, & Gitau, 2014). Surprisingly, these studies did usually not incorporate gender as an important explanatory factor.…”

mentioning

confidence: 99%

Does women's political empowerment matter for improving the environment? A heterogeneous dynamic panel analysis

Deng

2019

According to the UN Agenda 21 in 1992, women were regarded as a very important part in achieving sustainable development. In this agenda, participation, equality, and empowerment for females were emphasized as bases for sustainable development. In this paper, we make an attempt to explore the relationship between women's political empowerment (WPE) and CO2 emissions. To that end, we apply panel‐cointegration techniques to investigate both long‐term and short‐term effects of WPE on the environment in 72 countries during 1971–2012. The results from the pooled mean group (PMG) estimator indicate that, in the long run, CO2 emissions decrease by about 11.51 percent points in response to a one‐unit increase in the index of WPE after controlling for a variety of other factors. However, the short‐term estimated coefficient of WPE is statistically insignificant. Moreover, further study shows that women's civil society participation has the largest effect, followed by political participation. Another noteworthy result is the effect of energy intensity. We find that both the long‐term and short‐term estimated coefficient of energy intensity are positive and highly statistically significant, but the magnitude of the short‐term estimated coefficient is lower than the long‐term one. This comparison suggests that the influence of energy intensity on CO2 emissions would usually take some time to materialize fully. From a policy perspective, our estimation results suggest that improving the status of women worldwide, especially in the developing countries, can reduce CO2 emissions.