The role of institutional quality and environment-related technologies in environmental degradation for BRICS

Hussain, Muzzammil; Doğan, Eyüp

doi:10.1016/j.jclepro.2021.127059

Cited by 203 publications

(90 citation statements)

References 66 publications

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“…This phenomenon is leading to logic that an increase in the investment in production and processing of environment-related technologies can help to decrease the dangerous emissions in the environment and ultimately the ecological footprint in the long run. These results are also supported by Danish and Ulucak (2020); Hussain and Dogan (2021); and Hussain and Khan (2021).…”

Section: Empirical Results and Discussionsupporting

confidence: 63%

“…The impact of technological development on the EF and carbon emission of big emerging countries from 1995 to 2016 using second-generation panel data techniques is examined (Destek and Manga 2021). Moreover, Hussain and Dogan (2021) checked the effect of environmental technologies on the ecological footprint in BRICS for the period 1992 to 2016. They observed that the increase in investment in ERT reduces environmental degradation.…”

Section: Literature Reviewmentioning

confidence: 99%

“…As such industries' earnings increase, they invest in environment-related technologies in production processes (ERT), resulting in a better environment. The investment in ERTs can help to reduce environmental degradation (Danish and Ulucak 2020;Hussain and Dogan 2021). Furthermore, a better income level promotes RE sources, and that helps in reducing carbon emissions (Danish et al 2019;Hussain et al 2020a, b;Mahmood et al 2019).…”

Section: Introductionmentioning

confidence: 99%

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Do economic policy uncertainty and environment-related technologies help in limiting ecological footprint?

Hussain

Arshad

Bashir

2022

Environ Sci Pollut Res

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Economic policies related to energy and the environment are found uncertain in developing economies. Renewable energy sources are gradually increasing in energy structure (ES) with the adoption of environment-related technologies (ERT). However, least attention is paid to investigating the nexus of economic policy uncertainty (EPU), ERT, ES, and ecological footprint (EF). Therefore, this study is an effort to examine the EPU, ERT, ES, and interaction of EPU and ERT on EF for BRICS economies under the umbrella of the STIRPAT model. By using the data from 1992 to 2020, findings are estimated through "cross-sectional dependence (CD test); CIPS and CADF unit root test; Westerlund's co-integration; and CS-ARDL, AMG, and CCEMG." Findings unveiled the negative role of EPU on EF. Furthermore, the role of RE and ERT is positive and substantial in decreasing the environmental degradation in BRICS. Therefore, the BRICS economies are suggested to be consistent on economic policies to catch the positive impact of ERT. Findings are robust to the policy implications.

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Section: Empirical Results and Discussionsupporting

confidence: 63%

Section: Literature Reviewmentioning

confidence: 99%

Section: Introductionmentioning

confidence: 99%

See 1 more Smart Citation

Do economic policy uncertainty and environment-related technologies help in limiting ecological footprint?

Hussain

Arshad

Bashir

2022

Environ Sci Pollut Res

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“…Furthermore, both countries have become the preferred destination of foreign direct investment (FDI) in the MENA region. As a result, both countries compete to become the most attractive environment for foreign investors through a qualified workforce, developed infrastructure, stable economic policies, and better political stability than the rest of the MENA countries (Hussain and Dogan, 2021). Other channels might also be explored to examine the interrelation between Morocco and Tunisia's economies, such as imports, FDI flows, and financial linkages.…”

Section: Introductionmentioning

confidence: 99%

A Symmetry and Asymmetry Investigation of the Nexus Between Environmental Sustainability, Renewable Energy, Energy Innovation, and Trade: Evidence From Environmental Kuznets Curve Hypothesis in Selected MENA Countries

Andriamahery

Qamruzzaman

2022

Front. Energy Res.

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The motivation of the study is to gauge the role of renewable energy consumption (REC), energy innovation (EI), and total trade (TR) on environmental sustainability (ES) in selected MENA (Middle East and North Africa) countries for the period 1980–2018 under the assumption of environmental Kuznets curve (EKC). The study implemented several econometrical tools, including structural break unit root test, Bayer–Hanck combined cointegration test, autoregressive distributed lag (ARDL), nonlinear ARDL, and Granger causality test under error correction term. Variables properties test detected that all the variables are stationary after the first difference but neither exposed to stationary after the second difference. The test statistics of the combined cointegration test documented a long-run association between ES, RE, EI, and TR, which is valid for both countries concerned. Regarding EKC concern, study findings with ARDL and nonlinear ARDL validated the EKC hypothesis for Tunisia and Morocco. Finally, the direction causality test documented unidirectional causality between renewable energy and ES, trade and ES, but the feedback hypothesis holds between EI and ES. We can advocate for specific sectoral environmental reforms in Tunisia and Morocco and suggest continuous environmentally friendly technologies by combining study findings. At the same time, subsidies on nonrenewable energy should be reduced, and green trade policies to help advance sustainable development should be implemented.

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“…The results recommend the complementary role of technological innovation in the presence of renewable energy in carbon emission reduction. Similarly, Hussain and Dogan (2021) find that both institutional quality and environmental-related technologies negatively affect the ecological footprint in BRICS countries. Another study by Khan et al (2020a, b, c) indicates that not only do technological innovations reduce carbon emissions but it also improves economic growth in BRICS countries.…”

Section: Technological Innovation and Environmental Qualitymentioning

confidence: 84%

The impact of informal economy on technological innovation–ecological footprint nexus in OECD countries: new evidence from panel quantile regression

Chu

2022

J Environ Stud Sci

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Given the alarming rate of environmental degradation, the contribution of technology development in preserving the ecosystem is crucially important to be analyzed. In addition, since the informal sectors are not included in the official statistics and may be disadvantaged in adopting technological advances, their impact on the environmental quality should be also carefully considered. Thus, this paper examines the direct effect of technological innovation on environmental quality as well as the interaction effect between technological innovation and informal economy. We employ advanced panel quantile regression for 27 OECD countries from 1995 to 2015. The empirical results indicate that the impact of technological innovation on ecological footprint is favorable but heterogeneous across quantiles. The magnitude of impact intensifies as the ecological footprint increases from the lower to middle quantiles of the distribution and then reverts to the average level at the upper quantiles. The shadow economy exerts a negative effect from the middle to upper quantiles of the ecological footprint distribution. Further, higher informality diminishes the favorable effect of technological progress on the environment. The policymakers should strengthen basic conditions for the establishment and adoption of environmental-related technologies as well as tailor environmental policies for the ongoing transition from the informal to the formal sectors.

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The role of institutional quality and environment-related technologies in environmental degradation for BRICS

Cited by 203 publications

References 66 publications

Do economic policy uncertainty and environment-related technologies help in limiting ecological footprint?

Do economic policy uncertainty and environment-related technologies help in limiting ecological footprint?

A Symmetry and Asymmetry Investigation of the Nexus Between Environmental Sustainability, Renewable Energy, Energy Innovation, and Trade: Evidence From Environmental Kuznets Curve Hypothesis in Selected MENA Countries

The impact of informal economy on technological innovation–ecological footprint nexus in OECD countries: new evidence from panel quantile regression

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