Suchergebnisse

This book provides readers with cutting-edge techniques that can be applied to energy and environmental economics. Further, it highlights the effects that both globalization and economic growth have on the environment. In addition to offering a broader perspective on the relationship between environmental pollution, energy consumption and economic growth, the book studies the relationship between economic growth and environmental damage by drawing on the theoretical hypothesis of the Environmental Kuznets Curve. The book presents new econometric techniques and innovative approaches to the study of the energy economy. Accordingly, it can be used to help analyse the current state of the energy economy, the environment and globalization, and can serve as a theoretical reference manual for doctoral students and academics seeking new analytical techniques

Purpose
The purpose of this paper is to provide a survey of the empirical literature on environmental Kuznets curve (EKC) estimation of carbon dioxide (CO2) emissions over the period of 1991–2017.


Design/methodology/approach
This survey categorizes the studies on the basis of power of income in empirical models of EKC. It has been hypothesized that the EKC shows an inverted U-shaped association between economic growth and CO2 emissions.


Findings
For all the contexts, the results of EKC estimation for CO2 emissions are inconclusive in nature. The reasons behind this discrepancy can be attributed to the choice of contexts, time period, explanatory variables, and methodological adaptation.


Research limitations/implications
The future studies in this context should not only consider new set of variables (e.g. corruption index, social indicators, political scenario, energy research and development expenditures, foreign capital inflows, happiness, population education structure, public investment toward alternate energy exploration, etc.), but also the data set should be refined, so that the EKC estimation issues raised by Stern (2004) can be addressed.


Originality/value
By far, no study in the literature of ecological economics has focused on the empirical estimation of EKC for CO2 emissions. This particular context has been used for this study, as CO2 is one of the highest studied pollutants in the ecological economics, and especially within the EKC hypothesis framework.

Economic Growth, Trade Openness, and Renewable Energy Usage: A Multi-country Story -- The Impact of FDI Over Environmental Degradation in Europe, Through a Non-linear Approach -- Information and Communication Technologies and Environmental Pollution: Evidence from Low-Income Countries -- Optimal Forecast Models for Clean Energy Stock Returns and Volatility -- Does Meat Consumption Exacerbate Greenhouse Gas Emissions? Evidence from USA Data -- Investigation on the Job Creation Effect of Green Energy in OECD Countries -- Green Energy Usages and Economic Efficiency in Developed and Developing Economies: Energy Sufficiency Approach -- Advances and Challenges in Green Economy and Technology.-New Paradigm After the Energy Shock -- A Review of Offshore Renewable Energy Technology -- Comparison of Wave Energy and Offshore Wind -- Environmental Regulation and Renewable Energy Use in the Era of Globalization -- Making the Energy-Growth Nexus Useful Through a Meta-Analysis -- Determinants of Pollution in the OECD Economies: The Role of E-Finance and Economic Growth -- Investigating the Leverage of Green Energy and Economic Performance on Good Environmental Quality: Development and Evolution in Space and Time -- FDI and Renewable Energy Demand: Does the Home and Sector of the Investor and the Development Level of the Host Country Play a Role? -- The Impact of Oil Prices on CO2 Emissions in China: A Wavelet Coherence Approach -- Economic Growth and Renewable Energy Nexus in Ghana -- Energy Demand and Financial Development Conundrum: The Role of Asymmetric Price Responses in Demand -- How Does Environmental Degradation React to Stock Market Development in the Developing Countries? -- An Analysis on Renewable Energy Consumption and Economic Growth Nexus: Evidence from Turkey -- Experimental Analysis of the Relationship Between Coal Consumption and Corruption -- China's Economic Transformation and Growth Under the Sustainable Development Goals: Technological Innovation or Structural Optimization?

Purpose– This paper aims to explore the relationship between exports, financial development and economic growth in case of Pakistan.Design/methodology/approach– The autoregressive distributed lag bounds testing approach to cointegration and error correction model are applied to test the long-run and short-run relationships, respectively. The direction of causality between the variables is investigated by the vector error correction model Granger causality test and robustness of causality analysis is tested by applying innovative accounting approach.Findings– The analysis confirms cointegration for the long-run relation between exports, economic growth and financial development in case of Pakistan. The results indicate that economic growth and financial development spur exports growth in Pakistan. The causality analysis reveals feedback hypothesis that exists between financial development and economic growth, financial development and exports, and, exports and economic growth.Originality/value– This study provides new insights for policy makers to sustain exports growth by stimulating economic growth and developing financial sector in Pakistan.

The article aims to investigate the impact of nominal devaluation on income distribution in Bangladesh both in short and long runs. In doing so, Auto Regressive Distributed Lag (ARDL) bounds testing has been employed for cointegration, and Error Correction Model (ECM) has been used for short-run dynamics. The empirical psychology has confirmed the existence of long-run relationship between the variables. Furthermore our estimated results reveal that nominal devaluation tends to decrease income inequality. Though economic growth appears to improve income distribution, non-linear link between both the variables, however, depicts Kuznets' inverted-U curve (1955). Financial development causes further deterioration in income distribution. Trade openness contributes to income inequality as discussed in Leontief Paradox.

Financial Inclusion in Developing Countries: Applying Financial Technology as a Panacea -- Revisiting the East Asian financial crises: Lessons from ethics and development pathways -- Financial Development and Natural Resources Rents-Human Capital Nexus: A New Approach -- Financial Inclusion Leads to Export Market Penetration:A Panel Study on Asian and African Countries -- Is Finance-Growth Nexus Nonlinear? Evidence from Linear and Nonlinear Causality Analysis -- Effectiveness of Macroprudential Policies: Panel Data Evidence on the Role of Institutions, Financial Structure and Banking Regulations -- Financial Liberalization, Economic Growth and Capital Flight:The Case of Pakistan Economy -- Financial Liberalization, Capital Movements, and Economic Growth in Asia: A Panel Structural VAR Approach -- Financial Development-Economic Growth Nexus: Theoretical Underpinnings, Empirical Evidence and Critical Reflections -- New insights on the trading volume-return relationship: Evidence from the three largest stock exchanges -- Corporate Social Responsibility Practices of Multinational Companies and Sustainable Development: An Economic Perspective -- Investigating the Impact Natural Resource Abundance on Capital Flight: Evidence from African Countries -- Is Finance-Growth Nexus Nonlinear: Evidence from Linear and Nonlinear Causality Analysis.