scholarly journals Role of Export Diversification and Renewable Energy on the Load Capacity Factor in Indonesia: A Fourier Quantile Causality Approach

2021 ◽  
Vol 9 ◽  
Author(s):  
Zeeshan Fareed ◽  
Sultan Salem ◽  
Tomiwa Sunday Adebayo ◽  
Ugur Korkut Pata ◽  
Farrukh Shahzad
Keyword(s):  
Sustainable Development ◽  
Renewable Energy ◽  
Energy Consumption ◽  
Environmental Sustainability ◽  
Ecological Footprint ◽  
Load Capacity ◽  
Capacity Factor ◽  
Export Diversification ◽  
Renewable Energy Consumption ◽  
Quantile Causality

Sustainable development and reducing environmental pressure are major issues that concern developed as well as developing countries. Although researchers widely use carbon dioxide emissions and ecological footprint within the scope of environmental degradation, a more comprehensive ecological indicator is needed to assess environmental sustainability. In this context, the load capacity factor enables a comprehensive environmental sustainability assessment through the simultaneous analysis of biocapacity and ecological footprint. However, there are few studies analyzing the determinants of load capacity factor and this study aims to fill this gap for Indonesia. Using the recently developed Fourier quantile causality test, this study investigates the impact of income, export diversification, non-renewable and renewable energy consumption on the load capacity factor for Indonesia during 1965Q1–2014Q4. The results show unidirectional causality from non-renewable energy consumption to the load capacity factor at all quantiles, while income, export diversification, and renewable energy are the causes of environmental quality at middle and higher quantiles (within 0.5, 0.7, and 0.9). Most importantly, renewable energy and export diversification increase the load capacity factor and thus support environmental quality. In contrast, an increase in income and consumption of non-renewable energy reduces the load capacity factor. These results highlight the importance of renewable energy and export diversification for the sustainable development of Indonesia.

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 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 Does Green Energy Complement Economic Growth for Achieving Environmental Sustainability? Evidence from Saudi Arabia

2020 ◽  
Vol 13 (1) ◽  
pp. 180
Author(s):  
Montassar Kahia ◽  
Anis Omri ◽  
Bilel Jarraya
Keyword(s):  
Economic Growth ◽  
Saudi Arabia ◽  
Renewable Energy ◽  
Energy Consumption ◽  
Co2 Emissions ◽  
Environmental Sustainability ◽  
Least Square ◽  
Ekc Hypothesis ◽  
Renewable Energy Consumption ◽  
Ordinary Least Square

This study extends previous environmental sustainability literature by investigating the joint impact of economic growth and renewable energy on reducing CO2 emissions in Saudi Arabia over the period 1990–2016. Using the fully modified ordinary least-square (FMOLS) and dynamic ordinary least-square DOLS estimators, we find that economic growth increases CO2 emissions in all estimated models. Moreover, the validity of the environmental Kuznets curve (EKC) hypothesis is only supported for CO2 emissions from liquid fuel consumption. The invalidity of the EKC hypothesis in the most commonly used models implies that economic growth alone is not sufficient to enhance environmental quality. Renewable energy is found to have a weak influence on reducing the indicators of environmental degradation. We also find that the joint impact of renewable energy consumption and economic growth on the indicators of CO2 emissions is negative and insignificant for all the estimated models, meaning that the level of renewable energy consumption in Saudi Arabia is not sufficient to moderate the negative effect of economic growth on environmental quality. Implications for policy are also discussed.

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 Incorporating Environmental Pollution and Human Development in the Energy-Growth Nexus: A Novel Long Run Investigation for Pakistan

2020 ◽  
Vol 17 (14) ◽  
pp. 5154 ◽  
Author(s):  
Nabila Abid ◽  
Jianzu Wu ◽  
Fayyaz Ahmad ◽  
Muhammad Umar Draz ◽  
Abbas Ali Chandio ◽  
...  
Keyword(s):  
Economic Growth ◽  
Renewable Energy ◽  
Energy Consumption ◽  
Human Development ◽  
Environmental Sustainability ◽  
Human Development Index ◽  
Renewable Energy Sources ◽  
Energy Sources ◽  
Renewable Energy Consumption ◽  
Long Run

Energy acts as a catalyst to boost the human development index (HDI) in a country. However, the overuse of energy leads to environmental deterioration, which is a byproduct of economic development. Due to the utilization of non-renewable energy sources for a long time, worldwide environmental conditions have become alarming. This study investigates the relationship between renewable and non-renewable energy consumption, economic growth, environmental sustainability, and the human development index (HDI) in Pakistan. The investigation incorporates population growth and technology variables to form a multivariate framework. We use a fully modified ordinary least squares (FMOLS) approach to time-series data from 1990–2017. To check the robustness of estimations, we apply the Gregory–Hansen test with a causality test under the VECM to confirm this association’s directions. Our findings confirm that non-renewable energy sources have a positive association with economic growth and CO2 emissions. However, human development, technology, and renewable energy boost economic development and reduce environmental pollution in Pakistan. The co-integration results confirmed the long run connectivity among all variables. The causality outcomes support the bidirectional causality between renewable and non-renewable energy consumption, economic growth, and CO2 emissions, both in the short and long run. These outcomes suggest that Pakistan should focus on energy shifts and gradually increase the share of renewables in its energy mix under the China Pakistan Economic Corridor (CPEC). Additionally, the government should increase human and technological development to enhance economic and environmental sustainability.

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