Do renewable energy consumption and financial development contribute to environmental quality in MINT nations? Implications for sustainable development
Электронный научный архив УРФУ
Информация об архиве | Просмотр оригинала| Поле | Значение | |
| Заглавие |
Do renewable energy consumption and financial development contribute to environmental quality in MINT nations? Implications for sustainable development
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| Автор |
Adebayo, T. S.
Ağa, M. Agyekum, E. B. Kamel, S. El-Naggar, M. F. |
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| Тематика |
ECOLOGICAL FOOTPRINT
FOREIGN DIRECT POPULATION DENSITY RENEWABLE ENERGY SUSTAINABLE DEVELOPMENT |
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| Описание |
Maintaining a balance between the well-being of the economy and the environment has become a top priority for governments globally. In the contemporary age, world economies, particularly the emerging ones like MINT nations, highlight the need for eco-friendly economic expansion. The MINT nations are thriving economically but are having difficulty reducing their Ecological footprint (EF). This paper aimed to determine if factors such as population density, renewable energy, foreign direct investment, economic growth, and financial development impact ecological footprint in the MINT countries between 1990 and 2018. The study applied ample advanced econometrics such as method of moments quantile regression (MMQR), augmented mean group (AMG) and Common Correlated Effects Mean Group (CCEMG). The overall results indicated that the variables are integrated at the first difference and are cointegrated. The AMG, CCEMG and MMQR results reveal that economic growth deteriorates ecological well-being by promoting the EF while foreign direct investment, population density and renewable energy assists in enhancing it by mitigating the EF in the MINT nations. In addition, financial development does not exert a significant effect on EF. The Dumitrescu Hurlin Panel Causality results show unidirectional causality from economic growth, financial development, population density, and renewable energy to EF. Based on these results policy recommendations are suggested. Copyright © 2022 Adebayo, Ağa, Agyekum, Kamel and El-Naggar.
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| Дата |
2024-04-08T11:05:39Z
2024-04-08T11:05:39Z 2022 |
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| Тип |
Article
Journal article (info:eu-repo/semantics/article) Published version (info:eu-repo/semantics/publishedVersion) |
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| Идентификатор |
Adebayo, TS, Ağa, M, Agyekum, EB, Kamel, S & El-naggar, MF 2022, 'Do renewable energy consumption and financial development contribute to environmental quality in MINT nations? Implications for sustainable development', Frontiers in Environmental Science, Том. 10, 1068379. https://doi.org/10.3389/fenvs.2022.1068379
Adebayo, T. S., Ağa, M., Agyekum, E. B., Kamel, S., & El-naggar, M. F. (2022). Do renewable energy consumption and financial development contribute to environmental quality in MINT nations? Implications for sustainable development. Frontiers in Environmental Science, 10, [1068379]. https://doi.org/10.3389/fenvs.2022.1068379 2296-665X Final All Open Access; Gold Open Access https://www.frontiersin.org/articles/10.3389/fenvs.2022.1068379/pdf https://www.frontiersin.org/articles/10.3389/fenvs.2022.1068379/pdf http://elar.urfu.ru/handle/10995/131195 10.3389/fenvs.2022.1068379 85144916128 000898217500001 |
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| Язык |
en
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| Права |
Open access (info:eu-repo/semantics/openAccess)
cc-by https://creativecommons.org/licenses/by/4.0/ |
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| Формат |
application/pdf
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| Издатель |
Frontiers Media S.A.
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| Источник |
Frontiers in Environmental Science
Frontiers in Environmental Science |
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