Scopus İndeksli Yayınlar Koleksiyonu
Permanent URI for this collectionhttps://hdl.handle.net/20.500.12573/395
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Correction Citation - Scopus: 1Understanding the Effects of Artificial Intelligence on Energy Transition: the Moderating Role of Paris Agreement(Elsevier, 2025-02) Chishti, Muhammad Zubair; Xia, Xiqiang; Dogan, EyupArticle Citation - WoS: 16Citation - Scopus: 17Unravelling the Moderating Roles of Environmental Regulations on the Impact of Foreign Direct Investment on Environmental Sustainability(Academic Press Ltd- Elsevier Science Ltd, 2025-02) Ehigiamusoe, Kizito Uyi; Chen, Danqing; Dogan, Eyup; Binsaeed, Rima H.In the era of economic globalization, China attracts significant foreign direct investment (FDI) to accelerate economic prosperity. FDI inflows could have ramifications on environmental degradation (ED) despite the enactment of different environmental regulations (ERs) such as market-incentive, command-and-control as well as informal regulations. Though some studies have shown that FDI and ED have significant relationship, the moderating roles of different ERs on the environmental impact of FDI has not been empirically unraveled. This study fills this research gap by analyzing the direct impact of FDI on ED (i.e., carbon dioxide emissions, ecological footprint) using the provincial panel data. Second, it unravels the moderating roles of different ERs on the environmental impact of FDI in the provinces and regions. The results indicate that FDI directly mitigates ED, verifying the pollution halo hypothesis while ERs directly alleviate ED in China. However, the interaction between FDI and ERs do not alleviate ED in China albeit regional heterogeneity exist. The economic implication is that FDI is not a channel through which ERs enhance environmental sustainability in China. This study recommends some policy options arising from the findings.Article Citation - Scopus: 24Transition Towards the Sustainable Development: Unraveling the Effects of Mineral Markets, Belt & Road Initiative, and the Paris Agreement on Green Economic Growth(Elsevier Ltd, 2024-04) Xia, Xiqiang; Chishti, Muhammad Zubair; Dogan, EyupThe Agenda 2030 strongly emphasizes implementing effective and equitable measures to address the urgent challenge of global warming, primarily driven by unsustainable fossil-fuel combustion, and one of its core focuses is Sustainable Development Goal (SDG) – 8, among others. In light of this, the recent article aims to explore the dynamic nexus between minerals (MNR), the Belt and Road Initiative (BRI), the Paris Agreement (PA), green technologies (GT), and green growth, with a specific focus on developing a policy framework for advancing SDG – 8. The study utilizes daily data and advanced econometric tools such as QVAR, Cross-quantileogram, and wavelet-quantile correlation to examine the diverse effects of these factors on green growth across various time horizons. The short-run analysis reveals that MNR, BRI, and GT discourage green growth under most market conditions, except for a few quantiles that exhibit positive or insignificant relationships. In the medium run, impacts are mixed, with both positive and negative effects observed. However, in the long run, MNR, BRI, and GT consistently demonstrate favorable effects on green growth. For PA, short and medium-run effects are mixed, but medium-run results indicate a predominantly positive impact on green growth. In the long run, PA significantly benefits green growth across the majority of market conditions. Overall, the diversified results suggest that minerals, BRI, the Paris Agreement, and green technologies play a crucial role in stimulating green growth to achieve SDG - 8 in the long term. © 2024 Elsevier B.V., All rights reserved.Article Citation - WoS: 57Citation - Scopus: 60Towards Green Recovery: Can Banks Achieve Financial Sustainability Through Income Diversification in ASEAN Countries(Elsevier, 2022-12) Najam, Hina; Abbas, Jawad; Alvarez-Otero, Susana; Dogan, Eyup; Sial, Muhammad SafdarEstablishing sustainable and balanced development for green financing is critical for improving financial sustainability and banks' capability. Banks struggle to achieve economic sustainability in the current highly competitive business environment. This research examines the impact of income diversification on financial sustainability proxy by return on assets (ROA) by applying the quantile regression technique to the data from banks of ASEAN countries over the period 2008-2019. In addition, liquidity risk, bank size, interest and non-interest incomes, and market capitalization are studied as control variables. The empirical findings indicate that income diversification positively impacts return on assets at all countries' lower, middle, and upper quantiles, even though sizes can differ across countries and quantiles. Moreover, market capitalization, non-interest income, and banks' size favorably impact banks' performance. In contrast, liquidity risk and interest incomes are negatively linked to the performance of banks for all countries at each quantile. These results have significant strategic implications for managers, regulators, and policymakers who share a common interest in boosting financial sustainability and performance and significantly shaping green recovery. (c) 2022 Economic Society of Australia, Queensland. Published by Elsevier B.V. All rights reserved.Article Citation - WoS: 6Citation - Scopus: 4Towards Global Sustainable Development: The Role of Financial Innovation and Technological Advancements(Sage Publications Ltd, 2024-08-10) Dogan, Eyup; Chishti, Muhammad Zubair; Zaman, Umer; Binsaeed, Rima H.The importance of metaverse and blockchain technologies in today's global landscape cannot be overstated. These innovative technologies offer transformative potential for various sectors, including economics, by enhancing connectivity, security and transparency. The present study leverages these technologies to investigate their dynamic impacts, in conjunction with geopolitical risk, on global economic cycles to navigate the challenges of an interconnected world. To ensure the reliability of our findings, this study employs two proxies to gauge economic cycles: global green economic growth and global environmental sustainability. By utilizing daily data, this study reveals several noteworthy findings. First, the quantile-var-based network analysis demonstrates a robust directional connection among the variables in our model. Second, the wavelet quantile correlation technique uncovers the significant role of metaverse technology in influencing economic cycles by promoting global green economic growth and global environmental sustainability across all time horizons (short, medium and long term). Third, economic cycles exhibit a negative association with financial innovation and a positive connection with geopolitical risk across all timeframes. Fourth, the continuous wavelet transform causality test identifies a substantial causal relationship running from metaverse technology, financial innovation and geopolitical risk to economic cycles. Based on our empirical results, this study recommends that the global economy should continue investing in metaverse and blockchain technologies to address economic cycles in the future.Article Citation - WoS: 213Citation - Scopus: 230The Roles of Technology and Kyoto Protocol in Energy Transition Towards COP26 Targets: Evidence From the Novel GMM-PVAR Approach for G-7 Countries(Elsevier Science inc, 2022-08) Dogan, Eyup; Chishti, Muhammad Zubair; Alavijeh, Nooshin Karimi; Tzeremes, Panayiotis; Karimi Alavijeh, NooshinThe investigation of the determinants of energy transition has become very attractive and popular due to the Sustainable Development Goals and COP26 targets. However, one shortcoming of the existing studies is the inability to understand the effects of technology and environmental policy to energy transition while the other criticism is the use of conventional techniques that do not handle the endogeneity issue. Thus, this study investigates the impacts of technology and Kyoto Protocol in addition to several control variables to energy transition by applying the novel econometric method of Sigmund and Ferstl (2021) on the annual data from 2000 to 2019 for G-7 countries. The empirical results confirm the positive and significant link between technology and energy transition, such that, a 1% rise in technology enhances the energy transition by 0.32%. Similarly, Kyoto Protocol has a significantly positive impact on energy transition. An explanation is that the Protocol is based on principles and policies that emphasize the advanced and industrialized economies to enhance the environmental quality by promoting the renewable energy resources and reducing the greenhouse gases. Furthermore, the G-7 authorities should start to provide subsidies to clean energy and technology-related investors and levy multiple disincentives (i.e., higher tax rates) on the industries deploying the conventional and polluting methods for energy production. Further policy implications are discussed in the study.Article Citation - WoS: 225Citation - Scopus: 243The Role of Interaction Effect Between Renewable Energy Consumption and Real Income in Carbon Emissions: Evidence From Low-Income Countries(Pergamon-Elsevier Science Ltd, 2022-02) Ehigiamusoe, Kizito Uyi; Dogan, EyupEven though the existing studies have extensively investigated the impacts of renewable energy and real income on carbon emissions, the literature overlooks the role of their interaction effect in the level of emissions. In addition, the studies have usually chosen high-income and middle-income countries as focused group. To fill these gaps in the existing body of energy-environment literature, this study investigates the impacts of real income, renewable energy consumption and their interaction effect on carbon emissions in low-income countries by employing empirical estimations that control different econometric and economic issues such as heterogeneity and cross-sectional dependence. The results reveal that renewable energy mitigates emissions; however, the interaction effect stays positive. The marginal effect of renewable energy on emissions varies with the levels of real income. Policymakers in these economies should implement policies and regulations to promote the adoption and use of renewable energy to mitigate carbon emissions. Besides, this study emphasizes that the levels of renewable energy and real income are not the only panacea to abating pollution, but the interaction effect should be considered in ensuring environmental sustainability.Article Citation - WoS: 14Citation - Scopus: 15The Role of Energy Efficiency, Renewable Resources, Green Innovation, and Fiscal Decentralization in Sustainable Development: Evidence From OECD Countries(Elsevier Sci Ltd, 2025-08) Binsaeed, Rima H.; Khan, Zeeshan; Dogan, Eyup; Rahim, SyedEnergy efficiency and renewable resources for sustainable development are novel discussion areas for academics and researchers. Similarly, most developed and emerging countries are experiencing fiscal decentralization to enhance regional development. However, the importance of these sectors in sustainable development is still unclear in the literature. This research investigates the influence of energy efficiency, renewable energy, green innovation, and fiscal decentralization on sustainable development. Using the data for 18 fiscally decentralized OECD countries from 1995 to 2020, the roles of linear and nonlinear green innovation and renewable energy are also considered. This study uses novel moment quantile regression and finds that revenue decentralization, expenditure decentralization, and fiscal decentralization are significant drivers of sustainable development. Additionally, energy efficiency and value-added manufacturing significantly enhance sustainability in the region. However, green innovation and renewables are resources that exhibit a U-shaped association with sustainable development. The robustness of these results is validated via a series of parametric and nonparametric approaches. From the policy perspective, this research suggests improved research and development on renewable energy, green innovation, and energy efficiency could significantly encourage the OECD's journey towards sustainable development. Additionally, subnational governments should be given more fiscal autonomy, which may encourage regional level investments and boost the confidence of clean energy producing sectors to accelerate sustainable regional development.Article Citation - WoS: 65Citation - Scopus: 73The Nexus Between Poverty, Inequality and Environmental Pollution: Evidence Across Different Income Groups of Countries(Elsevier Sci Ltd, 2022-03) Ehigiamusoe, Kizito Uyi; Majeed, Muhammad Tariq; Dogan, EyupEven though the literature has extensively focused on a number of determinants of environmental pollution, it lacks to incorporate the importance of poverty and inequality on the environment. The nexus of poverty-inequality-environment is indeed in line with the agenda of the United Nations' Sustainable Development Goals. Furthermore, the existing studies usually rely on carbon dioxide (CO2) emissions as the proxy for the pollution in their analysis. This study fills the mentioned gaps by investigating the impacts of income inequality and poverty on environmental pollution using ecological footprint (a comprehensive measure of the pollution) in addition to CO2 emissions for 70 countries categorized by income groups. This research employs the dynamic panel system Generalized Method of Moments (GMM) and the Dumitrescu-Hurlin Granger causality techniques which are strong to several econometric issues that may frequently arise in the estimation procedures. The empirical outcomes show that income inequality and poverty increase carbon emissions and ecological footprint in the entire panel. However, when the panel is split into groups, the results indicate that income inequality mitigates carbon emissions and ecological footprint in high-income group but aggravates them in middle-income group. Though poverty has no significant impact on carbon emissions in high-income group, it raises the levels of carbon emissions and ecological footprint in middle-income group. This study overall implies that income inequality and poverty are significant determinants of environmental pollution. Hence, efforts to abate envi-ronmental degradation should give adequate attention to poverty and inequality in order to attain environmental sustainability.Article Citation - WoS: 69Citation - Scopus: 74The Nexus Between Global Carbon and Renewable Energy Sources: A Step Towards Sustainability(Elsevier Sci Ltd, 2023-09) Dogan, Eyup; Luni, Tania; Majeed, Muhammad Tariq; Tzeremes, PanayiotisThe energy transition is at the core of sustainable development as it helps to combat global warming and climate change. Similarly, carbon markets also support the climate change mitigation. Therefore, by realizing the potential role of clean energy and carbon markets in ensuring environmental sustainability, this study analyzes the spillovers and connectedness between the environment (global carbon) and renewable energy sources (wind, solar, geothermal, biofuel, and fuel cell). The empirical analysis is conducted by applying the novel "TVP-VAR" connectedness framework of Balcilar et al. (2021) on the daily data over the period from August 1, 2014, to February 4, 2022. The findings show that solar and biofuel appear as the highest net shock transmitter among alternative renewable sources while global carbon is shown as the net receiver of shocks. The largest transmission of shocks to global carbon is observed from wind followed by solar. Although these findings support the connectedness between renewable energy and the environment, however this connectedness is influenced by economic crises such as the oil crisis and pandemic crisis. During COVID-19, the fuel cell was the highest transmitter of shocks. The results are important for policy formulation, investment, and portfolio management as they provide insights into the interconnectedness and help in boosting climate actions.