WoS İndeksli Yayınlar Koleksiyonu
Permanent URI for this collectionhttps://hdl.handle.net/20.500.12573/394
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Article Citation - WoS: 1Citation - Scopus: 1Impact of Climate Change on Economic Growth in Developing Countries: Unravelling the Moderating Role of Globalization(Springer, 2024-11-27) Ehigiamusoe, Kizito Uyi; Lean, Hooi Hooi; Dogan, Eyup; Binsaeed, Rima H.; Ramakrishnan, SureshThough some empirical works have shown the determinants of economic growth, the research work on the impact of climate change (proxied by carbon emissions and ecological footprint) on economic growth is still scanty especially in developing countries. The attainment of the Sustainable Development Goals (SDG-8 and SDG-13) requires a comprehensive analysis of the nexus between climate change and economic growth. Therefore, this study fills the literature gap by investigating the impact of climate change on economic growth in Malaysia (a country that obtains most of her energy from fossil fuels) and Nigeria (a country that obtains most of her energy from renewable resources) during the 1980-2021 period. Given the intricate relationship among climate change, economic growth and globalization, this study also determines the moderating role of globalization (and its dimensions) on the impact of climate change on economic growth. It employs the Autoregressive Distributed Lag approach to estimate the parameters. The linear model shows that climate change has a negative impact on economic growth in Malaysia and Nigeria albeit the magnitude is larger in Malaysia. The interaction model indicates that globalization and some of its dimensions favorably moderate the detrimental impact of carbon emissions on economic growth but cannot moderate the impact of ecological footprint on economic growth in Malaysia and Nigeria. The marginal effect of carbon emissions on economic growth varies with the level of globalization. This study highlights the implications of the findings and proposes some policy options.Article Citation - WoS: 21Citation - Scopus: 21How Does Technological Innovation Moderate the Environmental Impacts of Economic Growth, Natural Resource Rents and Trade Openness(Academic Press Ltd- Elsevier Science Ltd, 2024-12) Ehigiamusoe, Kizito Uyi; Dogan, Eyup; Ramakrishnan, Suresh; Binsaeed, Rima H.The objective of this study is to unravel the linear impacts of economic growth, technological innovation, natural resource rents and trade openness on carbon emissions in Malaysia during 1980-2021. It also unveils the moderating role of technological innovation on the impacts of economic growth, natural resource rents and trade openness on carbon emissions. It further analyses the nonlinear relationship between technological innovation and carbon emissions. It estimates the parameters with the Autoregressive Distributed Lag model technique. The results of the linear model reveal that economic growth, natural resource rents and trade openness contributes to carbon emissions while technological innovation mitigates carbon emissions. The disaggregated analysis of natural resource rents indicates that oil rents, natural gas rents and coal rents intensify carbon emissions while mineral rents and forest rents do not contribute to carbon emissions. The disaggregated analysis of trade openness shows that exports worsen carbon emissions while imports have tenuous effect. The disaggregated analysis of technological innovation indicates that innovation by non-residents mitigate carbon emissions while innovation by residents do not alleviate carbon emissions. Moreover, evidence from the interaction model reveals that technological innovation can favourably mitigate the adverse impacts of economic growth and trade openness on carbon emissions albeit it cannot alleviate the impact of natural resource rents on carbon emissions. Besides, the nonlinear model indicates a U-shaped relationship between technological innovation and carbon emissions. Unlike previous studies that typically focused on the direct impacts of these variables, this study unravels the impacts of the disaggregated components as well as provides insights into the moderating and nonlinear effects of technological innovation on carbon emissions. The implication of this study is that efforts to achieve a carbon-neutral economy should consider the direct and indirect impacts of economic growth, technological innovation, natural resource rents and trade openness. It is recommended for Malaysia to encourage technological innovation in her quest to abate the adverse environmental impacts of economic activities.Article Citation - WoS: 1Citation - Scopus: 2Do Digitalization and Green Innovation Limit Carbon Emissions? Evidences From BRICS Economies(Sage Publications Ltd, 2024-10-30) Zhang, Hong; Dogan, Eyup; Khan, Zeeshan; Binsaeed, Rima H.Rapidly evolving innovation and digitalization have captured the focus of policymakers and scholars regarding their potent role in influencing environmental quality. The present research analyzes the impact of these variables on the carbon emissions of Brazil, Russia, India, China, and South Africa economies from 1990 to 2021. This research also explores the impact of economic growth, quadratic green innovation, and green energy on carbon emissions. Using several panel diagnostic tests, this research validates heterogeneous slopes, the presence of cross-sectional dependence, and significant cointegration. Due to the mixed integration order, this research uses a cross-sectional augmented autoregressive distributed lag model, and the results show that economic expansion and green innovation are significant drivers of emissions in both the short and long run. However, digitalization, quadratic green innovation, environmental policy stringency, and green energy are significant in improving environmental quality and sustainability. The long-term results are tested by employing a series of parametric and nonparametric regressions. This research recommends further investment in environmental research and development, digital technologies, green innovation, and the strengthening of environmental policies to attain sustainable development.