scholarly journals Nexus Between Energy Policy and Environmental Performance in China: The Moderating Role of Renewable Energy Patents.

Author(s):  
Muhammad Ghazanfar Abbas ◽  
Wang Zhuquan ◽  
Shahid Bashir ◽  
Wasim Iqbal ◽  
Hafeez Ullah

Abstract The socioeconomic and environmental considerations of energy production have become crucial due to the increasing complexity of the relationship between energy and the environment. In this context, this study aims to develop possible mechanisms for perspectives of energy policy on environmental by exploring the mediating role of renewable energy patents. The study used a non-radial data envelopment analysis (DEA) model and panel data model for 30 Chinese provinces by taking the panel data from 2010 to 2017. The results show that the overall environmental performance index (EPI) of Chinese areas is improved by 9.88% from 2010 to 2017. Further, The econometric model findings offer evidence that provincial renewable energy policies and emission reduction policies positively impact the enhancement of EPI. The results also show that the P values of the single-threshold model and the double-threshold model both passed the 1% significance test, so it can be concluded that there is a double-threshold effect. Finally, the research findings posed several policy implications based on the research findings.

2021 ◽  
Vol 297 ◽  
pp. 113230
Author(s):  
Wasim Iqbal ◽  
Yuk Ming Tang ◽  
Ma Lijun ◽  
Ka Yin Chau ◽  
Wang Xuan ◽  
...  

2019 ◽  
Author(s):  
Atte Harjanne ◽  
Janne M. Korhonen

Renewable energy is a widely used term that describes certain types of energy production. In politics, business and academia, renewable energy is often framed as the key solution to the global climate challenge. We, however, argue that the concept of renewable energy is problematic and should be abandoned in favor of more unambiguous conceptualization.Building on the theoretical literature on framing and based on document analysis, case examples and statistical data, we discuss how renewable energy is framed and has come to be a central energy policy concept and analyze how its use has affected the way energy policy is debated and conducted. We demonstrate the key problems the concept of renewable energy has in terms of sustainability, incoherence, policy impacts, bait-and-switch tactics and generally misleading nature. After analyzing these issues, we discuss alternative conceptualizations and present our model of categorizing energy production according to carbon content and combustion.The paper does not intend to criticize or promote any specific form of energy production, but instead discusses the role of institutional conceptualization in energy policy.


This book started with a brief review of different outlooks on the role of financial sector development in the process of economic growth. Then it highlighted the fact that recent studies, particularly those originating from modern growth theory, suggest that financial intermediation affects growth through various channels. To test this proposition, an empirical model was built, data were obtained, empirical tests were carried out, and results were discussed. The final chapter in this book, therefore, summarises key research findings and discusses the potential channels through which financial sector development affects the economic growth process. The chapter further highlights contributions of this research to growth studies, discusses policy implications arising from the findings of this research, and provides directions for future research and analysis.


2019 ◽  
Vol 31 (3) ◽  
pp. 405-423
Author(s):  
Farzan Yahya ◽  
Muhammad Rafiq

This study investigates the influence of greenfield investment and brownfield investment on renewable energy consumption along with the moderating effect of government effectiveness in 68 countries over the period 2013 to 2014. In order to evaluate more holistic view of the empirical model, we further divide our data into two sub-panels based on country risk. By applying the system-GMM technique to mitigate statistical biases including endogeneity, the empirical results show that brownfield and greenfield investment positively influences renewable energy consumption in global and low-risk panel. However, there is no statistically significant effect of brownfield investment and adverse effect of greenfield investment on renewable energy consumption in low-risk countries. Results also show that effective governments promote the use of renewable energy but it does not moderate the relationship between brownfield investment and renewable energy consumption. On the other hand, government effectiveness strengthens the positive association between greenfield investment and renewable energy consumption in global and low-risk panel, while weakens the negative link between these variables in high-risk countries. Policy implications of our results are also discussed.


Author(s):  
Jili Liu ◽  
Solomon Prince Nathaniel ◽  
Supat Chupradit ◽  
Arsalan Hussain ◽  
Cihat Köksal ◽  
...  

2017 ◽  
Vol 10 (5) ◽  
pp. 123 ◽  
Author(s):  
Luigi Aldieri ◽  
Concetto Paolo Vinci

The aim of this paper is that of investigating whether the integration process between environmental activities is important in the Spillovers flows analysis. For this reason, we explore the role of knowledge externalities for large international firms engaged both in environmental and in non-environmental activities. In particular, we develop a theoretical framework and an empirical analysis of the United States, Japan and Europe based upon a dataset composed of worldwide R&D-intensive firms. In order to deal with the firms’ unobserved heterogeneity and the weak exogeneity of the regressors, we implement the Generalized Method of Moments (GMM) method. The results show a differentiated impact of environmental spillovers on firms’ productivity and green performance, by suggesting some interesting policy implications in terms of actions to favor full sustainability of firms’ production.


2018 ◽  
Vol 19 (1) ◽  
pp. 42-59 ◽  
Author(s):  
Abdifatah Ahmed Haji ◽  
Nazli Anum Mohd Ghazali

Purpose The purpose of this paper is primarily to explore the extent of intangible assets and liabilities of large Malaysian companies. The authors also examine whether intangible assets and liabilities of a firm have similar or contrasting roles in firm performance. Design/methodology/approach Using a direct and straightforward measure of intangible assets and liabilities, the authors examine a large pool of data from large Malaysian companies over a six-year period spanning from 2008 to 2013. Findings The longitudinal analyses show a significant number of the sample companies, between 34 and 59.33 percent, have a consistent pattern of intangible liabilities. The authors also find firms with intangible liabilities have significantly underperformed financially than a control group of firms. In addition, the authors find that intangible liabilities have significant negative impact on firm performance whereas intangible assets have a contrasting positive impact on firm performance. Research limitations/implications One limitation of this study is that the authors have only used a single measure of intangible assets and liabilities. Albeit the measures used are straightforward and more objective, there could be other measures to capture intangibles. Practical implications The research findings have several theoretical as well as policy implications. Theoretically, the authors extend the resource-based view to the intangible asset-liability mix, affirming the crucial role of intangible resources in financial performance whilst introducing the unfavorable role of intangible liabilities in corporate financial performance. In terms of policy implications, the research findings provide initial empirical input to emerging calls for broader perspectives of intangibles, beyond intangible assets to include intangible liabilities, and therefore belong to an emerging paradigm toward the nature of intangibles. Originality/value This study documents a rare empirical account of the contrasting roles of intangible assets and liabilities in corporate financial performance.


2007 ◽  
Vol 11 (2) ◽  
pp. 282-298 ◽  
Author(s):  
Marco Beccali ◽  
Maurizio Cellura ◽  
Marina Mistretta

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