4.7 Article

Unraveling the non-linear impact of financial development on environmental sustainability: insights from developing countries agreeing the accord

相关参考文献

注意:仅列出部分参考文献,下载原文获取全部文献信息。
Article Environmental Sciences

Role of country risks and renewable energy consumption on environmental quality: Evidence from MINT countries

Tomiwa Sunday Adebayo et al.

Summary: This study examines the impact of country risks and renewable energy consumption on environmental quality. The study focuses on Mexico, Indonesia, Nigeria, and Turkey (MINT) nations and considers economic growth, trade openness, and urbanization. The results show that economic growth, political risk, urbanization, and trade openness contribute to an increase in ecological footprint, while economic and financial risks and renewable energy use have a positive influence on environmental quality. The findings also verify the validity of the EKC hypothesis for the MINT economies and the robustness of the results.

JOURNAL OF ENVIRONMENTAL MANAGEMENT (2023)

Article Environmental Sciences

Nonlinear Relationship between Financial Development and CO2 Emissions-Based on a PSTR Model

Keyi Duan et al.

Summary: The contradiction between financial development and environmental pollution has become increasingly prominent with economic development. The link between financial development and carbon dioxide emissions is examined using a panel smooth transition regression (PSTR) model on panel data from 28 Chinese provinces from 2005 to 2021. The findings suggest that financial development has a nonlinear effect on carbon dioxide emissions, with positive effects through scale and structural effects and negative effects through technological effects.

INTERNATIONAL JOURNAL OF ENVIRONMENTAL RESEARCH AND PUBLIC HEALTH (2023)

Article Green & Sustainable Science & Technology

Is growth of the financial sector relevant for mitigating CO2 emissions in Bangladesh? The moderation role of the financial sector within the EKC model

Xia Chen et al.

Summary: This study investigates the effects of financial sector growth, energy consumption, and economic growth on carbon dioxide emissions in Bangladesh and finds that the environmental Kuznets curve hypothesis holds true. The growth of the financial sector improves ecological excellence by reducing carbon dioxide emissions, while increased energy consumption stimulates higher emissions. However, when the moderation effects of the financial sector are taken into account, the environmental Kuznets curve hypothesis no longer applies.

ENVIRONMENT DEVELOPMENT AND SUSTAINABILITY (2023)

Article Environmental Sciences

Drivers of green growth in the Kingdom of Saudi Arabia: can financial development promote environmentally sustainable economic growth?

Asif Ali Abro et al.

Summary: This study examines the impacts of financial development, globalization, and energy efficiency on green growth of the Saudi Arabian economy. The findings suggest that financial development and trade globalization inhibit green growth, while financial globalization promotes it. Additionally, more efficient energy resource utilization not only directly boosts green growth but also mitigates the negative impacts of financial sector development.

ENVIRONMENTAL SCIENCE AND POLLUTION RESEARCH (2023)

Article Green & Sustainable Science & Technology

Investigating the inverted N-shape EKC in the presence of renewable and nuclear energy in a global sample

Kashif Raza Abbasi et al.

Summary: A study conducted on a sample of 107 countries from 1996 to 2014 analyzed the relationship between energy consumption, economic growth, and carbon dioxide emissions. The findings showed an inverted N-shape environmental Kuznets curve, indicating that nuclear and renewable energy can reduce pollution while non-renewable energy increases it. The study highlights the importance of promoting the use of renewable and nuclear energy to tackle environmental challenges.

CLEAN TECHNOLOGIES AND ENVIRONMENTAL POLICY (2023)

Article Green & Sustainable Science & Technology

Environmental Regulations and Carbon Emissions: The Role of Renewable Energy Research and Development Expenditures

Yinying Tao et al.

Summary: This research examines the causality between environmental regulations and a sustainable environment, taking into account the importance of renewable energy research and development, technological innovation, and economic growth. The findings show that carbon emissions, RERD, and TI are vulnerable during the study period, while GDP and environmental policies are stable. The study also reveals causal connections between CO2 and other variables, such as a unidirectional causality from TI to CO2, a bidirectional causal association between GDP and CO2, and environmental policy stringency and CO2.

SUSTAINABILITY (2023)

Article Environmental Sciences

Green innovation, globalization, financial development, and CO2 emissions: the role of governance as a moderator in South Asian countries

Ayesha Naz et al.

Summary: This study examines the relationship between environmental innovations, globalization, financial development, and CO2 emissions in the South Asian region from 1996 to 2019. The results show that environmental innovations have a positive impact on reducing CO2 emissions, while globalization, financial development, and governance contribute to environmental degradation. Governance plays a significant role in moderating the relationship between environmental innovations and CO2 emissions, but it is ineffective in mitigating emissions in the case of globalization and financial development. This highlights the need to improve governance in environmental policies to achieve sustainability targets, not only addressing environmental issues directly but also indirectly in promoting globalization and financial development.

ENVIRONMENTAL SCIENCE AND POLLUTION RESEARCH (2023)

Article Environmental Sciences

Clean energy investment and financial development as determinants of environment and sustainable economic growth: evidence from China

Zahid Zahoor et al.

Summary: This study found that clean energy investment can improve environmental sustainability at the expense of economic growth, while financial development, manufacturing value-added, and urbanization promote economic growth but may harm environmental sustainability.

ENVIRONMENTAL SCIENCE AND POLLUTION RESEARCH (2022)

Article Environmental Sciences

Dynamic linkages of financial inclusion, modernization, and environmental sustainability in South Asia: a panel data analysis

Nabila Amin et al.

Summary: This study reveals that in South Asia, financial inclusion, modernization, per capita GDP, and FDI seem to lead to higher CO2 emissions, while increased economic integration and trade openness appear to have negative dynamics for carbon emissions.

ENVIRONMENTAL SCIENCE AND POLLUTION RESEARCH (2022)

Article Environmental Sciences

Environmental degradation and financial development: do institutional quality and human capital make a difference in G11 nations?

Usman Mehmood

Summary: Developing countries are experiencing economic growth at the cost of increasing ecological footprints. This study examines the effects of human capital, financial development, and institutional quality on ecological footprints in a group of 11 countries. The findings show that financial development degrades environmental quality, while institutional quality and human capital improve it. Furthermore, financial development lowers ecological footprints through the channels of human capital and institutional quality. Therefore, developing countries need to prioritize human capital development and establish efficient institutional networks for environmental sustainability.

ENVIRONMENTAL SCIENCE AND POLLUTION RESEARCH (2022)

Article Environmental Sciences

The asymmetric effect of environmental policy stringency on CO2 emissions in OECD countries

Claudiu Tiberiu Albulescu et al.

Summary: The study finds that an increase in policy stringency has a negative impact on CO2 emissions, especially in countries with lower emissions. Additionally, policy stringency measures only became effective in EU countries and after the implementation of the Kyoto agreement.

ENVIRONMENTAL SCIENCE AND POLLUTION RESEARCH (2022)

Article Green & Sustainable Science & Technology

Links among energy intensity, non-linear financial development, and environmental sustainability: New evidence from Asia Pacific Economic Cooperation countries

Irfan Khan et al.

Summary: The study reveals an inverted U-shaped Environment Kuznets Curve for APEC countries, with turning points in the impact of financial development and economic growth on the environment. There is a positive relationship between energy intensity and ecological footprint, indicating a negative impact on environmental sustainability.

JOURNAL OF CLEANER PRODUCTION (2022)

Article Multidisciplinary Sciences

Does the digital finance revolution validate the Environmental Kuznets Curve? Empirical findings from China

Kaiyang Zhong

Summary: Digital finance has had a significant impact on the environment in China. By revising traditional models, this study found that digital finance can directly reduce air and water pollution, and indirectly reduce pollution by alleviating income inequality and promoting green industrial structure. The development of digital finance in eastern regions is leading, with greater effects on environmental improvement.

PLOS ONE (2022)

Article Environmental Sciences

Financial Development, Institutional Quality, and the Influence of Various Environmental Factors on Carbon Dioxide Emissions: Exploring the Nexus in China

Azka Amin et al.

Summary: This study investigates the impact of financial development, institutional quality, foreign direct investment, trade openness, urbanization, and renewable energy consumption on CO2 emissions. The empirical findings suggest that governance, trade, financial development, and renewable energy consumption have adverse effects on CO2 emissions, while urbanization and foreign direct investment contribute to environmental degradation. The study highlights the importance of aligning environmental and economic policies and promoting clean production strategies to reduce CO2 emissions and achieve environmental sustainability.

FRONTIERS IN ENVIRONMENTAL SCIENCE (2022)

Article

Going beyond the traditional EKC hypothesis: a panel quantile approach

Sisay Demissew Beyene

International Journal of Environmental Studies (2022)

Article Geosciences, Multidisciplinary

Financial development and environmental degradation: Do human capital and institutional quality make a difference?

Mahmood Ahmad et al.

Summary: This study examines the impact of financial development, human capital, and institutional quality on the ecological footprint in emerging countries. The research reveals that financial development increases the ecological footprint, while human capital and institutional quality reduce it.

GONDWANA RESEARCH (2022)

Article Green & Sustainable Science & Technology

The criticality of financial development and energy consumption for environmental sustainability in OECD countries: Evidence from dynamic panel analysis

Olatunji Abdul Shobande et al.

Summary: Financial development and energy consumption significantly affect environmental sustainability in OECD countries, with energy efficiency playing a key role in reducing carbon emissions. Prioritizing financial development and investments in energy efficiency is crucial for promoting environmental sustainability.

INTERNATIONAL JOURNAL OF SUSTAINABLE DEVELOPMENT AND WORLD ECOLOGY (2022)

Article Environmental Sciences

Environmental sustainability and public-private partnerships investment in energy in Bangladesh

Dervis Kirikkaleli et al.

Summary: This paper examines the impact of public-private partnerships investment in energy on CO2 emissions in Bangladesh, taking into account economic growth, foreign direct investment, and trade openness. The findings suggest a negative relationship between public-private partnerships investment, economic growth, and trade openness with environmental sustainability. The study recommends investing in technological advancements and promoting green energy through public-private partnerships to manufacture environmentally sustainable goods.

ENVIRONMENTAL SCIENCE AND POLLUTION RESEARCH (2022)

Article Environmental Sciences

The race to zero emissions: Can renewable energy be the path to carbon neutrality?

Xi Yuan et al.

Summary: This article investigates the role of renewable energy (RE) in reducing greenhouse gas emissions through a rolling-window Granger causality test. The study finds that the negative impact of RE on CO2 emissions indicates its increasing potential as a replacement for traditional energy sources. These results align with the energy-environment model, demonstrating the excellent performance of RE in achieving carbon neutrality.

JOURNAL OF ENVIRONMENTAL MANAGEMENT (2022)

Article Environmental Sciences

Save the environment, get financing! How China is protecting the environment with green credit policies?

Chi-Wei Su et al.

Summary: The green credit policy can achieve economic growth and environmental conservation in China by reducing air pollution. The study finds a bidirectional relationship between the green credit policy and PM2.5, and confirms the positive effects of the green credit system on air quality improvement.

JOURNAL OF ENVIRONMENTAL MANAGEMENT (2022)

Article Business, Finance

Investor sentiment: a retail trader activity approach

Dave Berger

Summary: This study creates a measure of investor sentiment based on retail trader activity and examines its link with subsequent returns. The study finds that retail sentiment activity correlates with Google Trends search data and that companies with high sensitivity to retail sentiment tend to be small, young, and volatile. High retail sentiment periods precede poor market returns.

REVIEW OF ACCOUNTING AND FINANCE (2022)

Article Nuclear Science & Technology

Do renewable and nuclear energy enhance environmental quality in France? A new EKC approach with the load capacity factor

Ugur Korkut Pata et al.

Summary: This study tests the validity of the environmental Kuznets curve hypothesis for France. The results show that there is no inverted U-shaped relationship between CO2 emissions and income, but the EKC hypothesis holds for the load capacity factor. The findings highlight the importance of nuclear energy in green sustainability.

PROGRESS IN NUCLEAR ENERGY (2022)

Article Economics

Financial development, industrial structure and environmental sustainability: new evidence from Japan

Yanli Pei et al.

Summary: This paper examines the impacts of financial development and industrial structure on environmental sustainability in China. The results indicate that both financial development and industrial structure have negative effects on CO2 emissions and greenhouse gas emissions. Additionally, internet development positively influences environmental sustainability in Japan, while economic development and energy have negative impacts on environmental sustainability.

ECONOMIC RESEARCH-EKONOMSKA ISTRAZIVANJA (2022)

Article Environmental Sciences

The Non-Linear Impact of Financial Development on Environmental Quality and Sustainability: Evidence from G7 Countries

Cristina Ruza et al.

Summary: This paper examines the impact of financial development on environmental quality and sustainability in G7 countries from 1990 to 2019. The study finds evidence of nonlinear relationships between financial development and environmental degradation, with methane emissions following an inverted-U shape association and greenhouse gas and CO2 emissions exhibiting a U-shaped pattern. Financial development has a positive and statistically significant impact on environmental sustainability, although there is no significant correlation with ecological footprint among G7 countries. Economic growth, human capital, population density, and primary energy consumption are identified as significant drivers of environmental quality and sustainability.

INTERNATIONAL JOURNAL OF ENVIRONMENTAL RESEARCH AND PUBLIC HEALTH (2022)

Article Environmental Sciences

Financial Institutional and Market Deepening, and Environmental Quality Nexus: A Case Study in G-11 Economies Using CS-ARDL

Usman Mehmood et al.

Summary: This study examines the dynamic relationship between financial institutional deepening, financial deepening, financial market deepening, foreign direct investment, economic growth, population, and carbon dioxide emissions in the G-11 economies. The findings suggest that financial deepening, economic growth, foreign direct investment, and population have a negative impact on environmental quality, while financial institutional deepening and financial market deepening improve it. The government should focus on maximizing financial institutions and markets to reduce carbon dioxide emissions, and also create opportunities and adopt efficient energy production methods.

INTERNATIONAL JOURNAL OF ENVIRONMENTAL RESEARCH AND PUBLIC HEALTH (2022)

Article Economics

Green Banking-Can Financial Institutions support green recovery?

Zhonglu Chen et al.

Summary: The Covid-19 pandemic has hindered the transition to sustainability and net-zero targets, but financial institutions can play a crucial role in supporting green recovery. Increasing green exposure and considering environmental factors in lending can benefit banks by improving profitability and reducing default risk. The impact of green financing is particularly significant for smaller banks, providing new earnings avenues and risk mitigation. These findings have important implications for regulators, monetary authorities, and the banking sector, as green financing can lead to more efficient and resilient financial systems.

ECONOMIC ANALYSIS AND POLICY (2022)

Article Communication

The Heterogeneous Effects of Government Size and Press Freedom on Corruption in Sub-Saharan Africa: Method of Moment Quantile Regression Approach

George B. Amegavi

Summary: This paper investigates the dynamic impact of government size and press freedom on corruption in Sub-Saharan African countries using novel methodological approaches. The findings reveal that the effects of government size and press freedom on corruption vary across different conditional quantile distributions, with larger government size and press freedom significantly increasing corruption in the most corrupt countries in Sub-Saharan Africa. Policy recommendations are made based on these findings.

INTERNATIONAL JOURNAL OF PRESS-POLITICS (2022)

Article Environmental Sciences

The determinants of environmental quality in the SAARC region: a spatial heterogeneous panel data approach

Khaizran Khalid et al.

Summary: Financial development has a weak impact on the environment in SAARC countries, with significant increases in pollution levels in Bangladesh and Sri Lanka but improved environmental quality in Nepal. Trade openness benefits environmental quality only in Nepal, while primary energy consumption increases the ecological footprint in Bangladesh, Nepal, and Sri Lanka. Conversely, renewable energy consumption improves environmental quality in all countries except Bangladesh.

ENVIRONMENTAL SCIENCE AND POLLUTION RESEARCH (2021)

Article Environmental Sciences

The impact of financial development and globalization on environmental quality: evidence from South Asian economies

Tasmeena Tahir et al.

Summary: The study examined the impact of financial development, globalization, and energy use on the environmental quality of South Asian economies. Results showed that financial development contributes to carbon emissions, while globalization has the potential to control emissions. It is suggested that South Asian countries should monitor loan disbursement and promote green financing to ensure environmental sustainability.

ENVIRONMENTAL SCIENCE AND POLLUTION RESEARCH (2021)

Article Environmental Sciences

Air pollutants, economic growth and public health: implications for sustainable development in OECD countries

Ghulam Mujtaba et al.

Summary: The study found a positive relationship between renewable energy and healthcare spending, with investment in renewable energy helping to reduce air pollution, improve healthcare conditions, and promote economic growth.

ENVIRONMENTAL SCIENCE AND POLLUTION RESEARCH (2021)

Article Environmental Sciences

Dynamic relationship between technological innovations, financial development, renewable energy, and ecological footprint: fresh insights based on the STIRPAT model for Asia Pacific Economic Cooperation countries

Muhammad Usman et al.

Summary: The study examines the impact of factors such as technological innovation, financial development, renewable energy consumption, economic growth, and population on the ecological footprint in APEC countries from 1990 to 2017. It finds that financial development and renewable energy utilization have positive effects on environmental quality, while technological innovation, economic growth, and population size have negative effects in the long run. Additionally, the study shows a bidirectional causality relationship among different factors.

ENVIRONMENTAL SCIENCE AND POLLUTION RESEARCH (2021)

Article Environmental Sciences

Do environmental taxes and environmental stringency policies reduce CO2 emissions? Evidence from 7 emerging economies

Yemane Wolde-Rufael et al.

Summary: Environmental tax and policy stringency are becoming central policy instruments for reducing CO2 emissions, with a study on 7 emerging economies from 1994-2015 showing their effectiveness. There is an inverted U-shaped relationship between CO2 emissions and environmental policy stringency, indicating the time needed for effectiveness, as well as a unidirectional causality running from policy stringency to CO2 emissions. The study also found a negative and significant relationship between CO2 emissions and total environmental tax, supporting the green dividend hypothesis.

ENVIRONMENTAL SCIENCE AND POLLUTION RESEARCH (2021)

Article Energy & Fuels

The Impact of Environmental Policy Stringency on Renewable Energy Production in the Visegrad Group Countries

Justyna Godawska et al.

Summary: In the long run, stricter environmental policies have a positive impact on the production of renewable energy and the replacement of energy from fossil sources. The study found that the production of renewable energy is positively influenced by the stringency of policies directly aimed at the development of this sector, as well as by policies with other environmental goals and the overall stringency of environmental policies.

ENERGIES (2021)

Article Energy & Fuels

Do Environment-Related Policy Instruments and Technologies Facilitate Renewable Energy Generation? Exploring the Contextual Evidence from Developed Economies

Umer Shahzad et al.

Summary: The study examines the impact of environmental taxes and regulations on renewable energy generation in developed countries, finding that environmental regulations and income levels support renewable electricity generation, while bureaucratic qualities such as decision-making and trade openness may reduce renewable energy generation.

ENERGIES (2021)

Article Environmental Sciences

The effects of renewable and nonrenewable energy consumption on the ecological footprint: the role of environmental policy in BRICS countries

Nattapan Kongbuamai et al.

Summary: The study found that economic growth, renewable energy consumption, nonrenewable energy consumption, and industry have a positive relationship with the ecological footprint, while environmental policy stringency has a negative relationship with the ecological footprint. Additionally, a bidirectional relationship was found between the ecological footprint and economic growth, and the ecological footprint and renewable energy consumption.

ENVIRONMENTAL SCIENCE AND POLLUTION RESEARCH (2021)

Article Green & Sustainable Science & Technology

The influence pathways of financial development on environmental quality: New evidence from smooth transition regression models

Xin Xu et al.

Summary: This study explores the indirect impacts of financial development on environmental quality in China through various pathways, which differ in regions with low or high levels of financial development. The findings suggest that local governments should take into account the different characteristics of regional financial development when formulating environmental protection policies.

RENEWABLE & SUSTAINABLE ENERGY REVIEWS (2021)

Article Environmental Sciences

The impact of natural resources, energy consumption, and population growth on environmental quality: Fresh evidence from the United States of America

Irfan Khan et al.

Summary: The study finds that there is a negative relationship between natural resources and renewable energy consumption with environmental quality, while non-renewable energy consumption, population growth, and biocapacity have a positive relationship with environmental quality. Additionally, there is a unidirectional causality from population growth to energy consumption, ecological footprint, and CO2 emissions.

SCIENCE OF THE TOTAL ENVIRONMENT (2021)

Article Green & Sustainable Science & Technology

Sustainability of the Moderating Role of Financial Development in the Determinants of Environmental Degradation: Evidence from Turkey

Husam Rjoub et al.

Summary: This study examines the moderating effect of financial development on determinants of carbon emissions in Turkey and finds its significant role in the relationship between economic growth, capital formation, and urbanization with carbon emissions. The results offer policy recommendations for Turkish policymakers to reduce carbon emissions and improve environmental quality through environmental-financial related policies.

SUSTAINABILITY (2021)

Article Construction & Building Technology

Does financial inclusion, renewable and non-renewable energy utilization accelerate ecological footprints and economic growth? Fresh evidence from 15 highest emitting countries

Muhammad Usman et al.

Summary: The study found that financial development, renewable energy, and trade openness significantly contribute to reducing environmental degradation, while economic growth and non-renewable energy utilization are more responsible for environmental damages. In the growth function, financial development and energy utilization have a significant promoting effect on economic growth. Lastly, some policy suggestions and future research directions were discussed for these economies.

SUSTAINABLE CITIES AND SOCIETY (2021)

Article Green & Sustainable Science & Technology

Is climate change a monetary phenomenon? Evidence from time series analysis

Olatunji Abdul Shobande

Summary: Climate change affects everyone on the planet and efforts to combat it are crucial. Research suggests that monetary policy can aid the transition to a low-carbon economy, but may lead to financial disruption.

INTERNATIONAL JOURNAL OF SUSTAINABLE DEVELOPMENT AND WORLD ECOLOGY (2021)

Article Ecology

Central bank mandates, sustainability objectives and the promotion of green finance

Simon Dikau et al.

Summary: The article explores how central banks address climate-related risks and support mitigation and adaptation policies. Research shows that only a small percentage of central banks have explicit sustainability mandates, but the majority are mandated to support government sustainability goals. Therefore, central banks should incorporate climate risks into their policy frameworks to safeguard macro-financial stability.

ECOLOGICAL ECONOMICS (2021)

Article Environmental Sciences

Can nuclear energy fuel an environmentally sustainable economic growth? Revisiting the EKC hypothesis for India

Arunava Bandyopadhyay et al.

Summary: This study analyzes the dynamic linkages between GDP, FDI, nuclear energy consumption, trade openness, and CO2 emissions in India over the period 1978-2019. The results reveal an inverted N-shaped environmental Kuznets curve, with India reaching a turning point in environmental quality around 2015.

ENVIRONMENTAL SCIENCE AND POLLUTION RESEARCH (2021)

Article Environmental Sciences

The non-linear influence of trade, foreign direct investment, financial development, energy supply and human capital on carbon emissions in the BRICS

Fortune Ganda

Summary: This research explores the non-linear impact of trade on environmental quality and identifies specific threshold levels for BRICS economies. The study also employs the Dumitrescu and Hurlin causality test to ascertain the causation of included parameters.

ENVIRONMENTAL SCIENCE AND POLLUTION RESEARCH (2021)

Article Environmental Sciences

Revising environmental Kuznets curve in Russian regions: role of environmental policy stringency

Kazi Sohag et al.

Summary: This paper examines the effects of production scale, composition, technological use, and environmental policy on carbon emissions in seventy-seven regions of the Russian Federation from 1999 to 2015. It supports the Environmental Kuznets Curve (EKC) hypothesis and provides policy implications based on the findings. The study highlights the importance of gross regional products (GRP) per capita, modern technologies, composition, and environmental policy stringency in curbing regional carbon emissions.

ENVIRONMENTAL SCIENCE AND POLLUTION RESEARCH (2021)

Article Economics

The nexus between CO2 emissions, energy consumption, and economic growth in the U.S.

Mahmoud Salari et al.

Summary: This study examines the relationship between CO2 emissions, energy consumption, and GDP in the U.S. at the state level. Different types of energy consumption have varying impacts on CO2 emissions, and there is an inverted-U shape relationship between CO2 emissions and GDP. The findings can inform policy makers in reducing CO2 emissions across states.

ECONOMIC ANALYSIS AND POLICY (2021)

Article Multidisciplinary Sciences

Does the Kuznets curve apply for financial development and environmental degradation in the Asia-Pacific region?

Duc Hong Vo et al.

Summary: This paper examines the long-term impact of financial development on environmental degradation in the Asia-Pacific region, finding a U-shaped nexus and a bidirectional relationship between financial development and environmental degradation.

HELIYON (2021)

Article Economics

The impact of growth, energy and financial development on environmental pollution in China: New evidence from a spatial econometric analysis

Jing Zhao et al.

Summary: This research reveals that energy consumption increases environmental pollution, while the impact of financial development on environmental pollution depends on financial depth and efficiency. The financial development indicators moderate the effects of technical progress and industry structure on environmental pollution differently.

ENERGY ECONOMICS (2021)

Article Environmental Studies

Financial development, energy consumption, technology, urbanization, economic output and carbon emissions nexus in BRICS countries: an empirical analysis

Chandrashekar Raghutla et al.

Summary: The study reveals that financial development, technology, and energy consumption have a significant positive impact on economic output and contribute to reducing carbon emissions in the long run. Moreover, a bidirectional causal relationship is observed between financial development and CO2 emissions in the short term.

MANAGEMENT OF ENVIRONMENTAL QUALITY (2021)

Article Business

Modeling the dynamic linkage between financial development, energy innovation, and environmental quality: Does globalization matter?

Muhammad Awais Baloch et al.

Summary: This study explores the relationship between financial development, economic growth, energy innovation, and environmental pollution. The empirical evidence suggests that financial development promotes energy innovation and improves environmental quality, while globalization is also related to energy innovation and reducing greenhouse gas emissions over the long term. The findings validate the environmental Kuznets curve for OECD countries, highlighting the significance of financial development, globalization, and energy innovation.

BUSINESS STRATEGY AND THE ENVIRONMENT (2021)

Article Economics

Tourism, economic growth, energy consumption, and CO2 emissions in China

Jiekuan Zhang et al.

Summary: This study applied the VECM Granger causality method to investigate the relationships among tourism, economic growth, energy consumption, and CO2 emissions in 30 Chinese provinces from 2000 to 2017. The findings revealed various types of causal relationships existing between the analyzed variables.

TOURISM ECONOMICS (2021)

Article Economics

Can innovation shocks determine CO2 emissions (CO2e) in the OECD economies? A new perspective

Manzoor Ahmad et al.

Summary: This study integrates innovation shocks into the Environment Kuznets Curve equation for twenty-six OECD economies from 1990 to 2014, finding that positive shocks improve environmental quality while negative shocks disrupt it. The research also highlights the positive impact of renewable energy consumption on the environment and suggests using innovation shocks as a policy instrument for better environmental policies.

ECONOMICS OF INNOVATION AND NEW TECHNOLOGY (2021)

Article Green & Sustainable Science & Technology

Carbon footprint, renewable energy, non-renewable energy, and livestock: testing the environmental Kuznets curve hypothesis for the Arab world

Moataz Elshimy et al.

ENVIRONMENT DEVELOPMENT AND SUSTAINABILITY (2020)

Article Environmental Sciences

Impact of financial development on CO2 emissions: A comparative analysis of developing countries (D8) and developed countries (G8)

Hafiz Muhammad Shoaib et al.

ENVIRONMENTAL SCIENCE AND POLLUTION RESEARCH (2020)

Article Construction & Building Technology

Role of institutions in correcting environmental pollution: An empirical investigation

Syed Tauseef Hassan et al.

SUSTAINABLE CITIES AND SOCIETY (2020)

Article Green & Sustainable Science & Technology

The Moderating Effect of Institutional Quality on the Financial Development and Environmental Quality Nexus

Ahmed Imran Hunjra et al.

SUSTAINABILITY (2020)

Article Environmental Sciences

The impacts of different proxies for financialization on carbon emissions in top-ten emitter countries

Azka Amin et al.

SCIENCE OF THE TOTAL ENVIRONMENT (2020)

Article Economics

Why is it hard to solve environmental problems? The perils of institutional reductionism and institutional overload

Oran R. Young et al.

INTERNATIONAL ENVIRONMENTAL AGREEMENTS-POLITICS LAW AND ECONOMICS (2020)

Article Green & Sustainable Science & Technology

Hierarchical modeling of the 50 largest economies to verify the impact of GDP, population and renewable energy generation in CO2 emissions

Anny Key de Souza Mendonca et al.

SUSTAINABLE PRODUCTION AND CONSUMPTION (2020)

Article Economics

Testing for Slope Heterogeneity Bias in Panel Data Models

Murillo Campello et al.

JOURNAL OF BUSINESS & ECONOMIC STATISTICS (2019)

Article Environmental Sciences

Factor decomposition of carbon emissions in Chinese megacities

Longyu Shi et al.

JOURNAL OF ENVIRONMENTAL SCIENCES (2019)

Article Environmental Sciences

Investigation of environmental Kuznets curve for ecological footprint: The role of energy and financial development

Mehmet Akif Destek et al.

SCIENCE OF THE TOTAL ENVIRONMENT (2019)

Article Environmental Sciences

An analysis between financial development, institutions, and the environment: a global view

Wasi Ul Hassan Shah et al.

ENVIRONMENTAL SCIENCE AND POLLUTION RESEARCH (2019)

Article Economics

Quantiles via moments

Jose A. F. Machado et al.

JOURNAL OF ECONOMETRICS (2019)

Article Environmental Sciences

Heterogeneous impacts of renewable energy and environmental patents on CO2 emission - Evidence from the BRIICS

Cheng Cheng et al.

SCIENCE OF THE TOTAL ENVIRONMENT (2019)

Article Environmental Sciences

The environmental impacts of financial development in OECD countries: a panel GMM approach

Fortune Ganda

ENVIRONMENTAL SCIENCE AND POLLUTION RESEARCH (2019)

Article Economics

Economic development and environmental sustainability: evidence from Asia

Thai-Ha Le et al.

EMPIRICAL ECONOMICS (2019)

Article Green & Sustainable Science & Technology

Financial development and environmental degradation: Does political regime matter?

Samuel Adams et al.

JOURNAL OF CLEANER PRODUCTION (2018)

Article Environmental Sciences

Analyzing the environmental Kuznets curve for the EU countries: the role of ecological footprint

Mehmet Akif Destek et al.

ENVIRONMENTAL SCIENCE AND POLLUTION RESEARCH (2018)

Article Economics

The Environmental Kuznets Curve in the OECD: 1870-2014

Sefa Awaworyi Churchill et al.

ENERGY ECONOMICS (2018)

Article Environmental Sciences

Financial development and sectoral CO2 emissions in Malaysia

Ibrahim Kabiru Maji et al.

ENVIRONMENTAL SCIENCE AND POLLUTION RESEARCH (2017)

Article Green & Sustainable Science & Technology

Decoupling CO2 emission and economic growth in China: Is there consistency in estimation results in analyzing environmental Kuznets curve?

Joshua Sunday Riti et al.

JOURNAL OF CLEANER PRODUCTION (2017)

Review Green & Sustainable Science & Technology

Carbon emission, energy consumption, trade openness and financial development in Pakistan: A revisit

Syed Jawad Hussain Shahzad et al.

RENEWABLE & SUSTAINABLE ENERGY REVIEWS (2017)

Review Green & Sustainable Science & Technology

Testing the moderating role of financial development in an environmental Kuznets curve: Empirical evidence from Turkey

Salih Turan Katircioglu et al.

RENEWABLE & SUSTAINABLE ENERGY REVIEWS (2017)

Review Green & Sustainable Science & Technology

Re-visiting the environmental Kuznets curve hypothesis for Malaysia: Fresh evidence from ARDL bounds testing approach

Wajahat Ali et al.

RENEWABLE & SUSTAINABLE ENERGY REVIEWS (2017)

Article Economics

Urbanization, democracy, bureaucratic quality, and environmental degradation

Samuel Adams et al.

JOURNAL OF POLICY MODELING (2017)

Article Environmental Sciences

CO2 emissions, real output, energy consumption, trade, urbanization and financial development: testing the EKC hypothesis for the USA

Eyup Dogan et al.

ENVIRONMENTAL SCIENCE AND POLLUTION RESEARCH (2016)

Article Environmental Sciences

Is CO2 emission a side effect of financial development? An empirical analysis for China

Yu Hao et al.

ENVIRONMENTAL SCIENCE AND POLLUTION RESEARCH (2016)

Review Green & Sustainable Science & Technology

The effects of Internet usage and economic growth on CO2 emissions in OECD countries: A panel investigation

Mohammad Salahuddin et al.

RENEWABLE & SUSTAINABLE ENERGY REVIEWS (2016)

Article Economics

Dynamic relationship among CO2 emission, agricultural productivity and food security in NigeriaL;

Prosper Ebruvwiyo Edoja et al.

COGENT ECONOMICS & FINANCE (2016)

Review Green & Sustainable Science & Technology

Global estimates of energy-growth nexus: Application of seemingly unrelated regressions

Muhammad Azhar Khan et al.

RENEWABLE & SUSTAINABLE ENERGY REVIEWS (2014)

Article Biodiversity Conservation

Economic growth and its impact on environment: A panel data analysis

Ahmet Atil Asici

ECOLOGICAL INDICATORS (2013)

Article Economics

Panels with non-stationary multifactor error structures

G. Kapetanios et al.

JOURNAL OF ECONOMETRICS (2011)

Review Environmental Sciences

'Carbon footprinting': towards a universally accepted definition

Laurence A. Wright et al.

CARBON MANAGEMENT (2011)

Article Environmental Studies

Resource abundance and financial development: Evidence from China

Karl Yuxiang et al.

RESOURCES POLICY (2011)

Article Economics

Financial development and environmental performance: evidence from China

Karl Yuxiang et al.

ENVIRONMENT AND DEVELOPMENT ECONOMICS (2011)

Article Economics

Testing slope homogeneity in large panels

M. Hashem Pesaran et al.

JOURNAL OF ECONOMETRICS (2008)

Article Economics

A simple panel unit root test in the presence of cross-section dependence

M. Hashem Pesaran

JOURNAL OF APPLIED ECONOMETRICS (2007)

Review Ecology

Environmental Kuznets Curve hypothesis: A survey

S Dinda

ECOLOGICAL ECONOMICS (2004)