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: 13Citation - Scopus: 14Unravelling 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 - WoS: 54Citation - Scopus: 58Towards 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: 358Citation - Scopus: 392The Use of Ecological Footprint in Estimating the Environmental Kuznets Curve Hypothesis for BRICST by Considering Cross-Section Dependence and Heterogeneity(Elsevier, 2020-06) Dogan, Eyup; Ulucak, Recep; Kocak, Emrah; Isik, CemA vast body of literature estimates the impact of economic growth on environmental degradation in the framework of EKC model. Typical empirical studies proxy environmental degradation with CO2 emissions; however, this indicator does not consider the complex nature of environmental degradation. To fulfill this omission, ecological footprint that tracks the use of multiple categories of productive surface areas is used as proxy for the environment. Moreover, studies that do not consider issues of heterogeneity and cross-sectional dependence may not produce reliable outcomes. Hence, the present study re-investigates the validity of the EKC hypothesis for BRICST (Brazil, Russia, India, China, South Africa, Turkey) by using ecological footprint and considering the mentioned issues in the estimation process. Based on the annual data covering the period of 1980-2014, excluding Russia due to data unavailability, empirical results show that the EKC hypothesis is not valid, and energy intensity and energy structure are important determinants of environmental degradation. In line with the empirical outputs, possible policy suggestions are discussed in the present study. (C) 2020 Elsevier B.V. All rights reserved.Article Citation - WoS: 211Citation - Scopus: 227The 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: 479Citation - Scopus: 548The Role of Renewable Versus Non-Renewable Energy to the Level of Co2 Emissions a Panel Analysis of Sub-Saharan Africa's Big 10 Electricity Generators(Pergamon-Elsevier Science Ltd, 2018-08) Inglesi-Lotz, Roula; Dogan, EyupUndoubtedly, the increasing rates of CO2 emissions contribute highly to climate change. Studies stress the importance of understanding the determinants of emissions, in order to implement appropriate policies. In the past, literature only looked at the effect of aggregate energy to emissions; while nowadays, with the increasing role of renewables, they aim at evaluating the impacts of renewable and nonrenewable energies separately. Also, studies ignored possible cross-dependence among countries; concept particularly important for countries linked by trade or geographical position. Also, only lately, studies focused on developing economies. In this study, we aim to address these gaps of the literature by estimating the determinants (renewable and non-renewable energy, income and trade openness) of CO2 emissions for the ten biggest electricity generators in Sub-Saharan Africa for the period 1980 to 2011 by employing panel estimation techniques robust to cross dependence. A long-run relationship between the main variables is confirmed. Increases in non-renewable energy consumption intensify pollution while the opposite holds for renewable energy. With regards to direction of causal relationships, we observe a unidirectional causality running from emissions, income, trade and non-renewable energies towards renewable energies; from nonrenewable energy to emissions; and from emissions and non-renewable energies to trade. (C) 2018 Elsevier Ltd. All rights reserved.Article Citation - WoS: 221Citation - Scopus: 240The 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: 250Citation - Scopus: 280The Role of Institutional Quality and Environment-Related Technologies in Environmental Degradation for BRICS(Elsevier Sci Ltd, 2021-07) Hussain, Muzzammil; Dogan, EyupAn expanding body of literature has highlighted the environment-growth nexus. However, the literature is scarce on the role of environmental technologies and institutional quality in environmental pollution. The present study aims to contribute to the existing knowledge by utilizing environment-related technologies (ERT), institutional quality (IQ), and energy consumption to investigate ecological footprints (EF) as a proxy for the environment in BRICS economies in a framework based on environmental Kuznets curve (EKC) theory. By using data from 1992 to 2016, long-and short-term relationships are estimated through cross-section augmented autoregressive distributive lag model, augmented mean group estimator, and common correlated effects mean group. The second-generation econometric tools indicate that IQ and ERT negatively affect ecological footprints, thereby implying reductions in environmental degradation. The EKC hypothesis is not validated, implying that an increase in economic activities causes an increase in pollution. Overall, BRICS economies should improve their quality of institutions and enhance investments in environmental technologies to achieve a sustainable environment in the future. Findings are robust to practical policy implications. (c) 2021 Elsevier Ltd. All rights reserved.Article Citation - WoS: 12Citation - Scopus: 12The 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: 190Citation - Scopus: 203The Role of Economic Policy Uncertainty in the Energy-Environment Nexus for China: Evidence From the Novel Dynamic Simulations Method(Academic Press Ltd- Elsevier Science Ltd, 2021-08) Amin, Azka; Dogan, EyupEven though a great number of researches have explored the determinants of carbon emissions, the impact of economic policy uncertainty (EPU) on the environment has not been fully investigated in the energy-environment literature. Since recent studies show a strong relationship between the external environment and uncertainty, the present study for the first time in the literature aims to explore the function of EPU in the energy-environment nexus for China by using the novel bounds testing with dynamic simulations. The empirical results indicate that increases in the real income and energy intensity contribute to environmental pollution while increases in renewable energy lower the level of emissions. Besides, an increase in EPU causes an increase in the volume of carbon emissions. As EPU increases, the government's attention to implement environmental protection policies decreases, and the execution of the environment-related strategies is likely directed in an expected way. The empirical findings suggest that the government should establish consistency in economic and environmental policies to mitigate environmental pollution and thus to reach environmental sustainability.