Testing the nexus between renewable energy consumption and environmental quality in Nigeria: The role of broad‐based financial development

2020 ◽  
Vol 32 (2) ◽  
pp. 163-175 ◽  
Author(s):  
Paul Terhemba Iorember ◽  
Gideon G. Goshit ◽  
Dalis T. Dabwor
Keyword(s):  
Renewable Energy ◽  
Energy Consumption ◽  
Financial Development ◽  
Environmental Quality ◽  
Renewable Energy Consumption

scholarly journals Technowomen: Women’s Autonomy and Its Impact on Environmental Quality

2021 ◽  
Vol 13 (4) ◽  
pp. 1611
Author(s):  
Saima Mujeed ◽  
Shuangyan Li ◽  
Musarrat Jabeen ◽  
Abdelmohsen A. Nassani ◽  
Sameh E. Askar ◽  
...  
Keyword(s):  
Sustainable Development ◽  
Renewable Energy ◽  
Energy Consumption ◽  
Environmental Quality ◽  
Ghg Emissions ◽  
Renewable Energy Consumption ◽  
Women’S Autonomy ◽  
Women's Autonomy ◽  
Role Of Women

The role of women in economic development and the global environment is vital for progressing them towards the United Nations sustainable development goal (SDG-5) that emphasized the need to empower women in every walk of life. The study examines women’s autonomy in the sustainable development agenda under China’s open innovation system from 1975 to 2019. The study employed an autoregressive distributed lag (ARDL) model, vector autoregressive (VAR) Granger causality, and innovation accounting matrix to estimate parameters. The existing data are summarized and collated in the context of China to explain as a correlational study. The results show that women’s autonomy moderated with technology spills over to decrease greenhouse gas (GHG) emissions and substantiate the hump-shaped relationship between them. The increased spending on research and development (R&D) activities, patent publications, and renewable energy consumption empowers women to be equipped with the latest sustainable technologies to improve environmental quality. The pollution haven hypothesis verifies a given country, where trade liberalization policies tend to increase polluting industries to set up their plants that engaged in dirty production that exacerbate GHG emissions. The causality estimates confirmed that technological innovations and renewable energy consumption leads to women’s autonomy. In contrast, females’ share in the labor force participation rate leads to an increase in renewable energy consumption. Thus, it is evident that there is a positive role of women in the country’s sustainable development.

scholarly journals Renewable Energy Consumption and Local Environmental Effects for Economic Growth: The Role of Financial Development and Foreign Direct Investment

2021 ◽  
Author(s):  
Itbar khan ◽  
lei han ◽  
Hayat khan
Keyword(s):  
Economic Growth ◽  
Renewable Energy ◽  
Energy Consumption ◽  
Financial Development ◽  
Environmental Quality ◽  
Low Income ◽  
Carbon Emission ◽  
Renewable Energy Consumption ◽  
Middle Income ◽  
Income Groups

Abstract The use of renewable energy improves environmental quality by reducing carbon emission and influence economics growth where carbon emission also effect economic growth of a country. The economic theory of tourism also indicates that tourism development enhance economic growth though spillovers as well contribute to climate change. The inflow of FDI and financial development enhance economic growth however its also effect environmental quality. Based on the ongoing debate, the present research trying attempts to explore the effect of CO2 emission and renewable energy consumption, FDI and financial development on economic growth in different income grouped countries to know whether these impacts are the same for the low income, middle income and high income countries on economic growth? Using panel data for high income, low income & middle income countries for the period of 1980–2018, the current study found that all variables effect economic growth significantly where FDI and carbon emission are positive while renewable energy consumption and financial development are negative for economic growth in the whole sample while its differ in the income groups. These studies have shown that these variables are not the same as the economic growth of economic growth and different income groups are not the same, but it changes. In addition, the foundation of this study has a great deal of recommendations for income Group economic decision make-up.

scholarly journals How renewable energy consumption contribute to environmental quality? The role of education in OECD countries

2020 ◽  
Vol 268 ◽  
pp. 122149 ◽  
Author(s):  
Muhammad Wasif Zafar ◽  
Muhammad Shahbaz ◽  
Avik Sinha ◽  
Tuhin Sengupta ◽  
Quande Qin
Keyword(s):  
Renewable Energy ◽  
Energy Consumption ◽  
Environmental Quality ◽  
Oecd Countries ◽  
Renewable Energy Consumption

scholarly journals Nexus between Economic Policy Uncertainty and Renewable Energy Consumption in BRIC Nations: The Mediating Role of Foreign Direct Investment and Financial Development

Energies ◽  
2021 ◽  
Vol 14 (15) ◽  
pp. 4687
Author(s):  
Yongliang Zhang ◽  
Md. Qamruzzaman ◽  
Salma Karim ◽  
Ishrat Jahan
Keyword(s):  
Renewable Energy ◽  
Energy Consumption ◽  
Financial Development ◽  
Direct Investment ◽  
Clean Energy ◽  
Policy Uncertainty ◽  
Energy Integration ◽  
Renewable Energy Consumption ◽  
Long Run

In recent literature, the impact of economic policy uncertainty (EPU) on macro aspects have been investigated, but the aspect of energy, precisely renewable energy still to explore. The motivation of the study is to produce fresh evidence regarding the nexus between EPU and renewable energy consumption (REC) with the mediating role of forcing direct investment (FDI) and financial development (FD) in BRIC nations for the period 1997q1–2018q4. The study applied unit root tests following Ng-Perron and Zivot and Andrews for detecting variable’s stationary properties. The long-run cointegration was evaluated by implementing Bayer, Hanck combined the cointegration test, Bound testing approach, and tBDM test. Both linear and non-linear ARDL were implemented to evaluate long-run and short-run shocks, and directional causality was assessed through a non-granger causality test. Furthermore, the study implemented robustness by implementing fully-modified OLS, dynamic OLS, and canonical cointegrating regression (CCR). Unit root test established the variables are stationary after the first difference; moreover, the Bayer and Hanck cointegration test confirmed the long-run association between EPU, FD, FD, and REC in BRIC nations. Accruing to ARDL estimation, adverse effects running from EPU to REC both in the long run and short run. Furthermore, the positive statistically significant linkage revealed for FDI and FD to REC implies that clean energy integration could be augmented with continual inflows of FDI and development of the financial sector. Model estimation with asymmetric assumption, the study documented asymmetric effects running from EPU, FDI, and FD to renewable energy consumption, especially in the long run. Finally, the directional causality revealed unidirectional causality between REC and EPU, whereas the feedback hypothesis was disclosed for FDI and REC] and FD and REC. Study findings postulated that the role of foreign direct investment and financial development is critically significant because technological advancement and capital investment augment clean energy integration through the application of renewable energy.

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