scholarly journals 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

2022 ◽  
Vol 9 ◽  
Author(s):  
Anselme Andriamahery ◽  
Md. Qamruzzaman
Keyword(s):  
Renewable Energy ◽  
Environmental Sustainability ◽  
Environmental Kuznets Curve ◽  
Correction Term ◽  
Cointegration Test ◽  
Kuznets Curve ◽  
Renewable Energy Consumption ◽  
Causality Test ◽  
Nonlinear Ardl ◽  
Energy Innovation

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.

scholarly journals Do Public–Private Partnership Investment in Energy and Technological Innovation Matter for Environmental Sustainability in the East Asia and Pacific Region? An Application of a Frequency Domain Causality Test

2021 ◽  
Vol 13 (6) ◽  
pp. 3039
Author(s):  
Tomiwa Sunday Adebayo ◽  
Sema Yılmaz Genç ◽  
Rui Alexandre Castanho ◽  
Dervis Kirikkaleli
Keyword(s):  
Renewable Energy ◽  
Energy Consumption ◽  
Frequency Domain ◽  
Co2 Emissions ◽  
Technological Innovation ◽  
Environmental Sustainability ◽  
Public Private Partnership ◽  
Renewable Energy Consumption ◽  
Causality Test ◽  
Private Partnership

Environmental sustainability is an important issue for current scholars and policymakers in the East Asian and Pacific region. The causal and long-run effects of technological innovation, public–private partnership investment in energy, and renewable energy consumption on environmental sustainability in the East Asian and Pacific regions have not been comprehensively explored while taking into account the role of economic growth using quarterly data for the period 1992–2015. Therefore, the present study aims to close this literature gap using econometric approaches, namely Bayer–Hanck cointegration, autoregressive distributed lag (ARDL), dynamic ordinary least square (DOLS), and fully modified ordinary least square (FMOLS) tests. Furthermore, the study utilizes the frequency domain causality test to capture the causal impact of public–private partnership investment in energy, renewable energy consumption, technological innovation, and economic growth on CO2 emissions. The advantage of the frequency domain causality test is that it can capture the causality between short-term, medium-term, and long-term variables. The outcomes of the ARDL, FMOLS and DOLS show that renewable energy consumption and technological innovation mitigate CO2 emissions, while public–private partnership investment in energy and economic growth increase CO2 emissions. Moreover, the frequency causality test outcomes reveal that technological innovation, public–private partnership investment in energy, and renewable energy consumption cause CO2 emissions, particularly in the long-term. Thus, as a policy recommendation, the present study recommends promoting renewable energy consumption by focusing more on technological innovation in the East Asia and Pacific regions.

scholarly journals Sustainable Economic Development and Greenhouse Gas Emissions: The Dynamic Impact of Renewable Energy Consumption, GDP, and Corruption

Energies ◽  
2019 ◽  
Vol 12 (17) ◽  
pp. 3289 ◽  
Author(s):  
Vasylieva ◽  
Lyulyov ◽  
Bilan ◽  
Streimikiene
Keyword(s):  
Sustainable Development ◽  
Renewable Energy ◽  
Energy Consumption ◽  
Greenhouse Gas ◽  
Environmental Kuznets Curve ◽  
Social Dimension ◽  
Kuznets Curve ◽  
Renewable Energy Consumption ◽  
Economic Dimension ◽  
Environmental Kuznets Curve Hypothesis

The paper investigates the relationships between economic, social, and environmental dimensions of sustainable development. GDP growth represents the main economic dimension, greenhouse gas (GHG) emissions and renewable energy consumption the environmental dimension, and corruption the social dimension of sustainable development. The investigation of these relationships is based on the concept of the Environmental Kuznets Curve hypothesis about the non-linear relationship between economic growth and environmental pollution. The authors used the panel data of EU countries and Ukraine for 2000–2016 years from the Eurostat database. The obtained results confirmed the Environmental Kuznets curve hypothesis for the EU and Ukraine. All the indicators were statistically significant at 1% and 5% levels. The findings proved that increasing renewable energy (RE) by 1% led to a decline of GHG in the interval (0.166103, 0.220551), and аn increase of the Control of Corruption Index by 1% provoked a decline of GHG by 0.88%. The conducted study enabled the authors to conclude that Ukraine needs to increase the GDP level per capita given the economy diversification and via the introduction of more effective and “clean” production technologies.

scholarly journals Revised Environmental Kuznets Curve for V4 Countries and Baltic States

Energies ◽  
2021 ◽  
Vol 14 (11) ◽  
pp. 3302
Author(s):  
Mihaela Simionescu ◽  
Adam Wojciechowski ◽  
Arkadiusz Tomczyk ◽  
Marcin Rabe
Keyword(s):  
Economic Development ◽  
Renewable Energy ◽  
Energy Consumption ◽  
Environmental Kuznets Curve ◽  
Renewable Energy Sources ◽  
Labour Productivity ◽  
Ghg Emissions ◽  
Kuznets Curve ◽  
Baltic States ◽  
Renewable Energy Consumption

Sustainable development can be achieved when economic development does not produce environmental deterioration. In this context, the aim of the paper is to evaluate the effects of economic development on GHG emissions in the Baltic States (Latvia, Letonia, and Lithuania), and in Hungary, the Czech Republic, Slovakia, and Poland (the Visegrád Group or V4 countries) in the period of 1996–2019. The study introduces dynamic ARDL panels in the context of the traditional environmental Kuznets curve (EKC) and renewable Kuznets curve (RKC). The results indicated an inverse-N-shaped and a U-shaped pattern. Energy consumption and labour productivity enhanced pollution, while domestic credit to the private sector, as a share of GDP, and renewable energy consumption supported environmental protection. The implications of these results might help these countries to achieve the targets of the European Green Deal related to the reduction of pollution and the attainment of net zero emissions by 2050. However, national regulations should further promote the use of renewable energy sources.

scholarly journals Analysis of the relationship between innovation, CO2 emission and renewable energy in Turkey

2021 ◽  
Vol 8 (4) ◽  
pp. 513-521
Author(s):  
Selim İnançlı ◽  
Mustafa Torusdağ
Keyword(s):  
Renewable Energy ◽  
Co2 Emissions ◽  
Environmental Sustainability ◽  
Co2 Emission ◽  
Technological Development ◽  
Cointegration Test ◽  
Economic Activities ◽  
Renewable Energy Consumption ◽  
Global Issues ◽  
The Relationship

Due to rapid technological development and increase in economic activities, environmental problems such as global warming and climate change, CO2 emission, environmental pollution are among significant global issues. In recent years, Eco-innovations, which are intended to benefit the environment and contribute to environmental sustainability, bring energy by saving technology, adding a new dimension to the concept of innovation as well as bringing its environmentalist face to the fore. In this study, the relationship between innovation, CO2 emissions and renewable energy for the 1990-2019 period for Turkey was examined and analyzed with Bayer-Hanck (2012) cointegration test together with Toda-Yamamoto (1995) and Hacker-Hatemi-J (2006) causality tests. According to Bayer-Hanck (2012) cointegration test, it was concluded that the variables are cointegrated in the long run. In line with the overlapping findings of the causality analyses of Toda Yamamoto (1995) and Hacker-Hatemi-J (2006), it was concluded that there is a one-way causality relationship from CO2 emissions to renewable energy consumption.

scholarly journals An Evaluation of the Tourism-Induced Environmental Kuznets Curve (T-EKC) Hypothesis: Evidence from G7 Countries

2020 ◽  
Vol 12 (21) ◽  
pp. 9150 ◽  
Author(s):  
Cem Ișik ◽  
Munir Ahmad ◽  
Uğur Korkut Pata ◽  
Serdar Ongan ◽  
Magdalena Radulescu ◽  
...  
Keyword(s):  
Renewable Energy ◽  
Energy Consumption ◽  
Co2 Emissions ◽  
Environmental Kuznets Curve ◽  
Kuznets Curve ◽  
Ekc Hypothesis ◽  
Renewable Energy Consumption ◽  
G7 Countries ◽  
Group Of Seven ◽  
The Uk

This paper analyzes the legitimacy of the Environmental Kuznets Curve (EKC) hypothesis for a group of seven (G7) countries over the period 1995–2015. In addition to testing the EKC speculation, the authors also would like to understand the ways in which increases in renewable energy consumption and the international tourism receipt affect the CO2 emissions in G7 countries, because the energy and tourism sectors may have considerable direct impacts on CO2 emissions. In this investigation, a panel bootstrap cointegration test and an augmented mean group (AMG) estimator were applied. The empirical findings indicate that the tourism-induced EKC hypothesis is valid only for France. Additionally, it was detected that a rise in renewable energy consumption has a negative (reduction) impact on CO2 emissions in France, Italy, the UK, and the US. However, an increase in the receipt of international touristm has a positive (additional) impact on Italy’s CO2 emissions. Hence, this country’s decision-makers should re-review their tourism policy to adopt a renewable-inclusive one for sustainable tourism and the environment.

scholarly journals Fresh Validation of the Low Carbon Development Hypothesis under the EKC Scheme in Portugal, Italy, Greece and Spain

Energies ◽  
2021 ◽  
Vol 14 (1) ◽  
pp. 250
Author(s):  
Daniel Balsalobre-Lorente ◽  
Nuno Carlos Leitão ◽  
Festus Victor Bekun
Keyword(s):  
Renewable Energy ◽  
Energy Consumption ◽  
Least Squares ◽  
Environmental Kuznets Curve ◽  
Ordinary Least Squares ◽  
Cointegration Test ◽  
Kuznets Curve ◽  
Global Issues ◽  
Income Per Capita ◽  
Per Capita

The present study is in line with the United Nations Sustainable Development Goals (UN-SDGs) that address pertinent global issues. This study focuses on the need for access to clean and affordable energy consumption, responsible energy consumption, sustainable economic growth, and climate change mitigation. To this end, this paper evaluates the relevance of the renewable energy sector on the environmental Kuznets curve (EKC) framework in Portugal, Italy, Greece, and Spain for the period 1995–2015. As an econometric strategy, we adopt the use of panel data over the highlighted countries. In the first step, we apply the unit root test recommended by Levin, Lin, and Chu in conjunction with ADF-Fisher, and Phillips-Perron for robustness and consistency. We found that the variables used in this study are integrated I (1) in the first difference. In the second step, we apply the Pedroni cointegration test, and Kao Residual cointegration test, and we observe that the variables are cointegrated in the long run. The generalized least squares (GLS), the panel fully modified least squares (FMOLS), ordinary least squares robust (OLS), and panel quantile regression are considered in this research. The econometric results validate the assumption of the environmental Kuznets curve, i.e., and there is a positive correlation between income per capita and a negative effect of squared income per capita on carbon dioxide emissions. In contrast, we observe that renewable energy reduces CO2 emissions. Finally, we also find a direct connection between the urban population and the environmental degradation in the examined blocs. These results show that in Portugal, Italy, Greece, and Spain, more is required to achieve environmental sustainability in the respective countries growth trajectory. Further policy prescriptions are appended in the concluding section of this study.

scholarly journals Income, Coal Consumption, And The Environmental Kuznets Curve In Vietnam

2021 ◽  
Author(s):  
Nhan Dang Tran ◽  
Naresh Chandra Sahu
Keyword(s):  
Renewable Energy ◽  
Energy Consumption ◽  
Environmental Kuznets Curve ◽  
Policy Implications ◽  
Energy Structure ◽  
Kuznets Curve ◽  
Coal Consumption ◽  
Renewable Energy Consumption ◽  
Distributed Lag ◽  
The One

Abstract While coal leads energy structure in a rapid growth economy like Vietnam, there exist efforts to increase the use of renewable energy and at the same time to reduce greenhouse gas emissions. This paper aims to investigate whether there is an inverted U environmental Kuznets curve (EKC) relation between income and coal consumption from 1984 to 2019 using the nonlinear autoregressive distributed lag (NARDL) framework. We find that the income elasticities of coal consumption are larger than unity and increase monotonically with income. It thus reveals that the income-coal consumption relationship resembles an upward-sloping curve instead of an inverted U-shaped curve. We also find that coal consumption reduces with the one percent increase in the share of renewable energy consumption by less than it increases with the one percent decrease in the share of renewable energy consumption. Despite this, it indicates that the substitution of renewable energy for coal seems more substantial with policy improvements. Moreover, we find that the quantity of coal consumed grows with positive oil price shocks. It suggests that rising oil prices play an undesirable role in reducing coal consumption and associated emissions. Finally, the study provides policy implications for interventions to achieve committed emission targets.

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