Transition towards a green economy: role of FDI

Kumar, Nand; Sinha, Neena

doi:10.1504/ijtg.2014.066619

Cited by 16 publications

(11 citation statements)

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“…Study findings suggest that favorable fiscal and monetary policies focusing on FDI inflows can immensely move a green economy at ease. Study findings are in line with those of Kumar and Sinha (2014), Asongu and Odhiambo (2020), Sun and Wang (2015), and Zhao et al (2019). Asongu and Odhiambo (2020) assert that better methods and end-use energy management can accomplish a green economy and expand the adoption of renewable energy sources.…”

Section: Results and Interpretationssupporting

confidence: 86%

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An Asymmetric Investigation of the Nexus Between Economic Policy Uncertainty, Knowledge Spillover, Climate Change, and Green Economy: Evidence From BRIC Nations

Liang

Qamruzzaman

2022

Front. Environ. Sci.

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The motivation of the study is to gauge the impact of economic policy uncertainty (EPU), knowledge spillover (KS), and climate change (CC) on green economy (GE) transition in BRIC nations for the period from 1991 to 2018. The study applied several unit root tests, including DF-GLS and Zivot–Andrew, for ascertaining the stationarity properties of variables. The long-run association between variables was detected by employing ARDL bound test, tBDM test, and Bayer and Hanck combined cointegration test. Furthermore, the asymmetric effects of EPU, KS, and CC on GE were examined by implementing nonlinear ARDL (NARDL), and finally, directional causal effects were evaluated with the Toda–Yamamoto causality test. In addition, the long-run coefficient’s robustness was assessed by applying fully modified OLS, dynamic OLS, and canonical cointegrating regression (CCR). ARDL bound testing confirms the long-run association in the empirical model for all countries with negative statistically significant effects from EPU and CC to the green economy and positive statistically significant impacts from KS to GE. On the other hand, asymmetric assessment established both long- and short-run asymmetry between EPU, KS, CC, and GE. Finally, directional causality establishes feedback hypothesis holds for EPU and GE in Brazil, India, China, KS, and GE in Brazil, Russia, and China. Thus, study findings established that EPU and KS might influence the transition to the green economy in BRIC nations. Thus, for policy formulation targeting green economic development, it is imperative to put extra effort into understanding the role of EPU and knowledge spillover in the economy.

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Section: Results and Interpretationssupporting

confidence: 86%

“…Energy is widely acknowledged as one of the most critical sources for economic growth and human development (Kumar and Sinha, 2014). Emerging markets are now chasing the goal of achieving fast economic development at all expense to the world.…”

Section: Introductionmentioning

confidence: 99%

An Asymmetric Investigation of the Nexus Between Economic Policy Uncertainty, Knowledge Spillover, Climate Change, and Green Economy: Evidence From BRIC Nations

Liang

Qamruzzaman

2022

Front. Environ. Sci.

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“…Referring to existing studies, this paper selects technological progress [24], property rights structure [25], industrial agglomeration [26], energy consumption structure, economic development level, wage level [27], and foreign direct investment [28] as the control variables of the model. The measurement of each variable is shown in Table 1.…”

Section: Control Variablesmentioning

confidence: 99%

Research on the Impact of Environmental Regulations on Industrial Green Total Factor Productivity: Perspectives on the Changes in the Allocation Ratio of Factors among Different Industries

Yuan

Zhang

2021

Sustainability

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This paper constructs a two-sector manufacturer model of endogenous technological progress. We analyze the impact of environmental regulations on the factor input and output of different industries. Then, we reveal the intermediary role of inter-industry factor allocation in the impact of environmental regulations on industrial green total factor productivity (GTFP). Finally, the paper uses panel data from 30 provinces in China’s industry from 2000 to 2017 to conduct empirical tests. We can draw the following conclusions: (1) The relative magnitude of the output compensation of the production department and the innovation compensation of the R&D department could change the impact of environmental regulations on the input and output of inter-industry factors, and the comprehensive effects of both input and output will affect the level of GTFP. (2) The curve of the direct impact of environmental regulations on GTFP is in an inverted “U” shape. However, the production factor allocation ratio can “reverse” the inhibitory effect of high-intensity regulations on GTFP. (3) The capital factor has a greater impact on the regulatory effect, but the labor factor has a more lasting impact on the regulatory effect. High-strength environmental regulations can enhance manufacturers’ preference for human capital. Therefore, formulating environmental regulatory policies oriented to improve the ratio of factor allocation, mixing different types of regulatory policies, and increasing investment in human capital are all conducive to accelerating the transformation and upgrading of China’s industrial structure and achieving high-quality development of the industrial economy.

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“…Energy is another important sector in this category. The case of India, whose main source of energy is thermal, which emits many greenhouse gases, highlights the need to promote increased investment in producing clean energy and its efficient use [145]. This sector is also analysed in Russia, stressing the need for innovation, technological improvements and research in the field to be able to improve the sector and make it cleaner [146].…”

Section: Green Economymentioning

confidence: 99%

A Systematic Literature Review of Bio, Green and Circular Economy Trends in Publications in the Field of Economics and Business Management

2018

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The concepts of bioeconomy, green economy and circular economy share the common objective of developing a sustainable economy, and they attract enormous political, academic, social and business interest. However, an analysis of these concepts in the fields of economics and business management is lacking. The objective of this article is to classify the publications on these topics by subject of study, to analyse trends in publications and to guide researchers interested in selecting articles. The review was performed using Scopus for the period 1960 to 2017. Four hundred and forty-nine publications were obtained and classified into 17 categories. The results show that the existing literature is rich in analysing implemented policies and issues related to the strategies and organizational models of companies looking for a more sustainable path, and research in China and the European Union is highlighted. However, there is still a long way to go in researching implemented case studies and evaluating the economic impact of these concepts. For this to happen, the need to promote, encourage and support companies to implement cleaner production and approach a more sustainable path must be prioritised. Possible gaps in current research that allow future lines of work are also identified.

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Transition towards a green economy: role of FDI

Cited by 16 publications

References 0 publications

An Asymmetric Investigation of the Nexus Between Economic Policy Uncertainty, Knowledge Spillover, Climate Change, and Green Economy: Evidence From BRIC Nations

An Asymmetric Investigation of the Nexus Between Economic Policy Uncertainty, Knowledge Spillover, Climate Change, and Green Economy: Evidence From BRIC Nations

Research on the Impact of Environmental Regulations on Industrial Green Total Factor Productivity: Perspectives on the Changes in the Allocation Ratio of Factors among Different Industries

A Systematic Literature Review of Bio, Green and Circular Economy Trends in Publications in the Field of Economics and Business Management

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