scholarly journals The Effect of R&D Expenditure on CO2 Emissions in Austria

2021 ◽  
Vol 2 (6) ◽  
pp. 394-400
Author(s):  
Bhenu Artha ◽  
Bahri Bahri ◽  
Ardhi Khairi ◽  
Fernando Fernando

The developed financial sector can significantly provide financial services to developing economies by the motive as well as best opportunity of using new advanced technology; it may help them to maintain clean environment with help of environmentally friendly production, thus providing with a higher level of the global environmental quality and further it will boost sustainable development of economies (J. Frankel & Rose, 2002). Financial development would increase R&D investment as to speed up growth, thereby influencing the environmental quality (J. A. Frankel & Romer, 1999). The objective of this research is to determine the effect of R&D expenditure on CO2 emissions in Austria in 1996-2006. We presented a quantitative study using simple linear regression to analyze the data and as a result of this process, we found that R&D expenditure has significant effect to CO2 emissions in Austria in 1996-2006. The fact that R&D influence on CO2 emissions can be positive, negative and insignificant must be taken into account when designing environmental policies and various programs, strategies and initiatives to encourage and fund R&D activities, in the context of environmental protection, government efforts should be strictly focused on the promotion and support of R&D programs directly aimed at reducing CO2 emissions and increasing the use thereof (Petrović & Lobanov, 2020).

2021 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Yuqing He ◽  
Xintian Liu ◽  
Xiaoqing Wang

PurposeThis study aims to build a global environmental quality protection convention to jointly address the problems of environmental pollution governance worldwide.Design/methodology/approachFrom the perspective of environmental pollution of the air, ocean, forest, water and solid waste, the authors summarize the main important measures and mechanisms of environmental pollution governance in various countries.FindingsThe results indicate that management research on biodiversity and natural resources must be strengthened, the relationship between economic development and environmental quality management needs to be balanced, the comparative study of domestic and international environmental governance theories and practices should be strengthened, empirical and applied research on environmental governance needs to be focused on, and complete system research on environmental governance and management should be explored. In the future, further strengthening environmental awareness, addressing environmental pollution and managing environmental quality are necessary.Originality/valueThe environment is the foundation of human survival and development. With the development of economy, contradictions between human and natural environment (e.g. air, ocean, forest and water) have become prominent. Environmental pollution governance cannot only help address existing environmental problems but also solve economic problems of various countries. The prerequisite for sustainable development is to lay a solid foundation for the coordinated development of economic growth and pollution management.


2021 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Ullal Manohar Bhat ◽  
Dhananjay Bapat ◽  
Amit Mookerjee

Purpose The purpose of this paper is to identify critical personality traits affecting and influencing buying behaviour in high involvement consumer durables. It also intends to guide practitioners in selecting appropriate marketing frameworks, consumer segments and processes considering the characteristics of consumer behaviour in developing economies. Design/methodology/approach It systematically reviews the literature on consumer personality traits, its measurement and related consumer buying behaviour. It uses data collected from potential car buyers at various car showrooms across the Indian subcontinent. The authors have worked with the online survey firm Qualtrics, to gather a data set of 328 car purchase intenders’ responses to their validated survey. The model was tested using the SmartPLS. Findings The personality traits of imagination, agreeableness and social factors positively influenced attitude towards automobiles with advanced technology. Further, in line with the theory of planned behaviour, it is seen that a positive attitude towards advanced technology and design for automobiles makes a person more willing to pay for the same. Research limitations/implications The study is confined to consumers intending to purchase a car, who are Indian residents. Originality/value It adds to the comparatively lesser body of study on the impact of personality traits on intentions and attitudes in high involvement consumer durable purchases. Further, it serves as an empirical examination of the adoption of new technologies, in the context of high involvement consumer durables. For practicing managers, it provides a reference for deciding future development directions and approaches related to the effective market launch strategies and commercialization of advanced technology automobiles in India.


2018 ◽  
Vol 63 (01) ◽  
pp. 111-124 ◽  
Author(s):  
PETER J. MORGAN ◽  
VICTOR PONTINES

Developing economies are seeking to promote financial inclusion, i.e., greater access to financial services for low-income households and firms. This raises the question of whether greater financial inclusion tends to increase or decrease financial stability. A number of studies have suggested both positive and negative impacts on financial stability, but very few empirical studies have been made. This study focuses on the implications of greater financial inclusion for small and medium-sized enterprises (SMEs) for financial stability. It estimates the effects of measures of the share of bank lending to SMEs on two measures of financial stability — bank nonperforming loans and bank Z scores. We find some evidence that an increased share of lending to SMEs aids financial stability by reducing non-performing loans (NPLs) and the probability of default by financial institutions.


2021 ◽  
Vol 19 (1) ◽  
pp. 60-65
Author(s):  
Oktavianus Cahya Anggara ◽  
Laily Agustina Rahmawati

The terminal in Bojonegoro District is Rajekwesi Type A Terminal. It is located close to the CBD that has resulted in a decrease in environmental quality, due to gas emissions released by motor vehicles. The decrease in environmental quality can be overcome with an ecological approach, for example by creating or expanding green open spaces (urban forest). This study aimed to provide information about the capability of urban forest of the terminal to absorb CO2 emissions. This study began with a survey counting the number of motor vehicles at the gateway of the terminal on Sunday, Monday, Wednesday, Friday and Saturday for 24 hours. Then, the measurement of tree biomass was carried out using the nondestructive method. After the data was collected, the amount of CO2 emissions from motor vehicles was calculated by adding up CO2 emissionsin a stationary (idle) position when it was moving. The total CO2 emissions of motor vehicles at Rajekwesi Type A Terminal was 292.058,087 kgCO2/year. The amount of carbon sink (Wtc) of a tree was calculated by multiplying the total biomass (Wt) by the carbon concentration. The amount of Wtc at the urban forest of Rajekwesi Type A Terminal was 4.366,059 kg/year. After the amount of Wtc was found out, the amount of CO2 absorbed by the tree could be found out by multiplying Wtc by the conversion constant of the carbon (C) element to CO2 (3,67). The amount of CO2 absorbed by the trees at the urban forest of Rajekwesi Type A Terminal was 16.023,44 kgCO2/year. If they were compared, the absorption of CO2 was still much smaller than the emission rate. Thus, the function of the urban forest of terminal as an absorber of CO2 emissions was still not optimal.


Author(s):  
Ayansola Olatunji Ayandibu ◽  
Makhosazana Faith Vezi-Magigaba

Entrepreneurs in emerging and developing economies face many challenges curtailing their ability to finance and grow their business ventures. Climate change provides new opportunities for entrepreneurs to gain access to finance and contribute toward more climate-resilient economies. The objective of this chapter is to outline the dimensions of entrepreneurial financing that are sensitive to levels of climate change with emphasis on the financial services sector's role in reacting to these changes. An analysis of current extant literature will be explored, and evidence supporting effective entrepreneurial financing will be used to develop a theoretical framework for climate change and entrepreneurial financing to foster a more climatic conditions-sustainable economy. The literature in this chapter indicated the need for establishing the impact of climate change on entrepreneurial financing in the financial services sector in order to provide recommendations that can direct funding more effectively towards climate-resilient activities and a more climatic conditions-sustainable economy.


Author(s):  
Faure Michael

This chapter explains that the starting point for the economic approach to both domestic as well as international environmental law is that environmental problems (including but not limited to environmental pollution) constitute a market failure. From this economic perspective transboundary environmental pollution emerges. Moreover, global environmental quality is, from an economic perspective, a so-called public good of which all states will benefit. But since no state can exclude others from benefitting from this global environmental good, there is a danger of ‘free-riding’ as a result of which this global public good (environmental quality) may be insufficiently produced. These starting points provide a basis for the emergence of international environmental law, more particularly treaty law. However, a classic paradigm in what has become known as the law and economics literature is the Coase Theorem. The chapter then addresses the likelihood of Coasean solutions to emerge as a remedy to transboundary environmental pollution. It also looks at reasons for states to conclude treaties.


2020 ◽  
Vol 12 (20) ◽  
pp. 8680 ◽  
Author(s):  
Assaad Ghazouani ◽  
Wanjun Xia ◽  
Mehdi Ben Jebli ◽  
Umer Shahzad

During the past decades, environmental related taxes, energy, and carbon taxes has been recommended by environmental scientists as a policy tool to mitigate pollutant emissions in developed and developing economies. Among developed nations, Denmark, Finland, Sweden, the Netherlands, and Norway were the first regions to adopt a tax on carbon dioxide (CO2) emissions and research into the impacts of carbon tax on carbon emissions bring significant implications. The prime objective and goal of this work is to explore the role of carbon tax reforms for environmental quality in European economies. This is probably the first study to conduct a comparative study in European context for carbon-tax implementation and non-implementation policies. To this end, the present study reports new conclusions and implications regarding the effectiveness of environmental regulations and policies for climate change and sustainability. In the present study, the authors exhaustively explore the impacts of the carbon-tax on the mitigation of CO2 emissions. Using the propensity score matching method, the results of the estimation of the different matching methods allow us to observe a positive and significant impact of the adoption of the carbon-tax on stimulating the reduction of carbon emissions.


2020 ◽  
pp. 1-27
Author(s):  
THAI-HA LE ◽  
CANH PHUC NGUYEN

This study examines the determinants of emissions for a global sample of 120 countries during the 1995–2012 period using panel data analysis. Specifically, an extended version of the STIRPAT model combined with the EKC was employed to examine the determinants of emissions for the full sample and three subsamples of countries at different income levels. Three proxies for emissions are used, including CO2, N2O and CH4 emissions. The two-step generalized method of moments (GMM) is employed as the estimation technique. The empirical results indicate the evidence of EKC for the global sample and all subgroups of countries for CO2 emissions. On the other hand, U-shaped relationships between income and emissions are found for all three subsamples in the cases of N2O and CH4 emissions. Energy intensity appears to be the major driver of CO2 emissions for all groups of countries as well as for N2O and CH4 emissions for high-income and upper-middle-income countries. The effects of industrialization and urbanization vary across different types of emissions and different income country groups. The global environmental policy should focus on encouraging energy efficiency, enhancing the use of eco-friendly energy resources, as well as incorporating the impacts of industrialization and urbanization on emissions.


2014 ◽  
Vol 25 (3) ◽  
pp. 285-300 ◽  
Author(s):  
Svetlana Stevovic ◽  
Milica Miloradovic ◽  
Ivan Stevovic

Purpose – This paper aims to define and theoretically analyse the performance of modern methods investigated to speed up the recultivation process of degraded areas, and apply it into the mining basin, open pit mines, tailings and all other areas, which need environmental quality improvement. Design/methodology/approach – This paper presents methods of conservation and substitution of natural resources for the purpose of faster land recultivation (reclamation) in degraded coal mine areas. Two types of methods have been developed: forest slope recultivation and agricultural recultivation of flat landfills. Indicators of positive changes include: changes in chemical properties of tailings, increase in biogenic properties and changes in biodiversity. Findings – The research results show that the application of these methods, along with the holistic approach and adequate investment, can significantly contribute to the length of recovery process and accelerate it. Research limitations/implications – Mining basin Kostolac is used as a model test. The results can be applied on all mining basin, open pits and any degraded area. Originality/value – All results and conclusions were drawn, based on the original measurements and experiments. Stake holders, wanting to manage environmental quality after exploitation in mining basin, applying those methods, can find the value of this paper.


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