Scopus İndeksli Yayınlar Koleksiyonu
Permanent URI for this collectionhttps://hdl.handle.net/20.500.12573/395
Browse
2 results
Search Results
Article Citation - WoS: 49Citation - Scopus: 64Green Environment in the EU Countries: The Role of Financial Inclusion, Natural Resources and Energy Intensity(Elsevier Sci Ltd, 2023-05) Hodzic, Sabina; Sikic, Tanja Fatur; Dogan, EyupThe European Union pursues the European Green Deal strategy as well as Sustainable Development Goals, the main target of which is to become a carbon-neutral continent by 2050. Hence, a lot of environmental challenges need to be solved. Possible determinants in mitigating environmental challenges are financial inclusion, natural resources and interaction with a green environment. This concept implies preserving natural resources and a clean environment for future generations. However, there is still no clear evidence in the literature on how natural resources and financial inclusion interact with the green environment in the EU. Therefore, this paper aims at filling this gap. In order to obtain empirical results, the quantile regression econometric technique proposed by Koenker has been applied. The analyzed period was from 2004 to 2019 for EU-26 countries. The results show that higher energy intensity is the main cause of environmental degradation. However, financial inclusion in higher quantiles and natural resources rent lead to a reduction in carbon emissions. Our results also confirm that the EU has succeeded in decoupling economic growth from pollution. The robustness of the results was checked using a Powell's quantile regression, which confirmed the relationship between a green environ-ment and the variables analyzed. Thus, the results suggest that financial inclusion needs to be more integrated into energy and climate policies, especially in the early stages of development. In addition, large-scale green investments are needed in EU countries to further reduce energy intensity and create an effective green environment.Article Citation - WoS: 42Citation - Scopus: 46Analyzing the Role of Renewable Energy and Energy Intensity in the Ecological Footprint of the United Arab Emirates(MDPI, 2021-12-27) Dogan, Eyup; Shah, Syed FaisalEven though a great number of researchers have explored the determinants of environmental pollution, the majority have used carbon emissions as an indicator while only recent studies have employed the ecological footprint which is a broader and more reliable indicator for the environment. The present study contributes to the literature by exploring for the first time in the literature the role of real output, energy intensity (technology), and renewable energy in the ecological footprint under the STIRPAT framework for a Gulf Cooperation Council (GCC) country-the United Arab Emirates. By applying the novel bounds testing with dynamic simulations on the data from 1992-2017, the findings of this paper reveal that energy intensity and renewable energy have a negative and significant influence on the ecological footprint but real output has a positive and significant impact on it. In other words, the empirical results indicate that a rise in the real income increases environmental pollution while increases in renewable energy and advances in technology mitigate the level of emissions. The findings also suggest that the government should establish new programs, investment opportunities, and incentives in favor of energy intensity-related technology and renewable energy for the sake of environmental sustainability. The outcomes from this research analysis are useful for policymakers, industrial partners, and project designers in the United Arab Emirates.