Formulating sustainable development policy for a developed nation
Exploring the role of renewable energy, natural gas efficiency and oil efficiency towards decarbonization
Dados Bibliográficos
| ID | 19500338 |
|---|---|
| Autores | Muhammad Khalid Anser (0000-0003-1882-0907, Xi’an International University), Khurram Ajaz Khan (0000-0002-3412-6950, Xi’an International University), Muhammad Umar (0000-0002-9783-4807, Lebanese American University), Abraham Ayobamiji Awosusi (0000-0002-3533-9181, Near East University, Operational Research Center in Healthcare, Nicosia, Turkey, autor correspondente), Zilola Shamansurova (0009-0009-5152-3518, Tashkent State University of Economics) |
| Ano | 2024 |
| Volume | 31 |
| Fascículo | 3 |
| Páginas | 247-263 |
| Data de publicação | 2024-04-02 |
| Peer Reviewed | Sim |
| Open Access | Não |
| Tipo | ARTICLE |
| Periódico | International Journal of Sustainable Development & World Ecology (JOURNAL) |
| Identificadores do periódico | ISSN: 1350-4509 • E-ISSN: 1745-2627 |
| Editora | Informa UK Limited (PUBLISHER • GB) |
| DOI | 10.1080/13504509.2023.2268586 |
| OpenAlex | W4388197351 |
| Idioma | EN |
| Citações recebidas | 5 |
| Referências citadas | 56 |
Limiting CO2 emissions is crucial for sustainable development, environmental protection, and climate change mitigation, ensuring a more resilient and cleaner future. Prioritizing sustainable urbanization renewable energy, and energy efficiency is vital for achieving this prosperous and sustainable future. As a result, we adopt the Fourier testing approach for stationary, cointegration, estimator, and causality, to scrutinize the role of renewable energy, energy efficiency, and urbanization on CO2 emissions in Finland over the period between 1990 and 2020, controlling economic growth and trade openness. The empirical analysis of the Fourier ARDL estimator establishes that energy efficiency measures such as gas and oil efficiency exhibit an adverse effect on CO2 emissions, so energy efficiency mitigates CO2 emissions. Similarly, the study also found that urbanization and renewable energy reduce CO2 emissions. Conversely, economic growth and trade openness induce CO2 emissions. Additionally, the Fourier-Toda-Yamamoto method provides robust evidence regarding the long-term implications of the examined factors. Based on this result, the study emphasizes that implementing a regulatory framework to enhance energy efficiency, promote renewable energy adoption, and support sustainable urban development will be an essential strategy in the global effort to attain the net-zero emissions target, which offers valuable insights to other countries seeking to transition towards cleaner and more sustainable energy sources
Cointegration · Econometrics · Economic growth · Economics · Efficient energy use · Environmental economics · Greenhouse gas · Natural resource economics · Openness to experience · Renewable energy · Sustainable development · Urbanization · Energy, Environment, and Transportation Policies · Energy, Environment, Economic Growth · Engineering · Environmental Science · Global Energy and Sustainability Research · Ecology
Green Investments, Energy Transition and Sustainable Economic Growth
How effective are trade policy and monetary policy in achieving a pathway to sustainable development? Evidence from a wavelet quantile‐on‐quantile Granger causality analysis
Synergistic effects of energy financing and good governance on carbon emissions
Are oil efficiency, hydro energy and environmental related technology solution for attaining carbon neutrality
The role of energy efficiency, renewable resources, green innovation, and fiscal decentralization in sustainable development
Bootstrapping the autoregressive distributed lag test for cointegration
Tourism, urbanization and natural resources rents matter for environmental sustainability
A Unit Root Test Using a Fourier Series to Approximate Smooth Breaks
Role of country risks and renewable energy consumption on environmental quality
On the bias in flexible functional forms and an essentially unbiased form
Testing for a unit root in time series regression
Distribution of the Estimators for Autoregressive Time Series with a Unit Root
The impact of energy efficiency on carbon emissions
Can green resource productivity, renewable energy, and economic globalization drive the pursuit of carbon neutrality in the top energy transition economies
Role of technological innovation and globalization in BRICS economies
Further Evidence on the Great Crash, the Oil-Price Shock, and the Unit-Root Hypothesis
Dominance of Fossil Fuels in Japan’s National Energy Mix and Implications for Environmental Sustainability
Exploring the renewable energy-environmental sustainability pathways
Research methods in economics to evaluate the role of energy efficiency and financial inclusion in achieving China’s carbon neutrality target
| Obras citantes distintas | 5 |
|---|---|
| Citações por ano | 2,5 |
| Intervalo de citações | 2024 - 2026 (3) |
| Velocidade de citação | current |
| Altamente citado | Não |
| Tipos de citação | Neutras: 5 |