In this paper, we examine the direction of causality between tourism, economic growth and carbon emissions in a multivariate framework that incorporates newly introduced globalization index as an additional variable. order to achieve research objective, employed panel Granger testing approach suggested by Kónya [(2006). Exports growth: analysis on OECD countries with data approach. Economic Modelling, 23(6), 978–992] built Seemingly Unrelated Regressions Wald tests account for heterogeneity,...

In this era of intensive electricity utilization for economic development, the role urbanization remains inconclusive, especially in developing economies. Here, study examined consumption and growth nexus a trivariate framework by incorporating as an additional variable. Using recent novel Maki cointegration test, Ng-Perron, Zivot-Andrews, Kwiatkowski unit root tests along with FMOLS, DOLS CCR estimation methods, we relied on annual frequency data from 1971-2014. Results regression confirms...

This analysis explored the effect of battery electric vehicles (BEVs) on greenhouse gas emissions (GHGs) in a panel twenty-nine countries from European Union (EU) 2010 to 2020. The method moments quantile regression (MM-QR) was used, and ordinary least squares with fixed effects (OLSfe) used verify robustness results. MM-QR support that all three quantiles, economic growth causes positive impact GHGs. In 50th 75th energy consumption BEVs 25th, 50th, quantiles have negative OLSfe reveals has...

In this paper, we examine whether tourism predicts economic policy uncertainty or not in three regions of America, Europe, and Asia-pacific, using annual frequency panel data that consist 12 countries a multivariate Granger causality model incorporates growth as an additional variable over the periods 1995–2016. Using method advanced by Emirmahmutoglu Kose [(2011). Testing for heterogeneous mixed panels. Economic Modelling, 28(3), 870–876.] produces country-specific test statistic also...

The issue of increased renewable energy consumption has been widely debated, and this become a central policy concern for developing developed countries. existing literature provides evidence that there is positive relationship between economic growth in economies. However, findings respect developing/emerging economies remain inconclusive. Thus, paper aims to investigate the impact on by controlling other macroeconomic variables regions Sub-Saharan Africa (East, Central West) covering...

Japan's recent enunciation of a “Free and Open Indo-Pacific” policy aims to promote principles such as free trade, freedom navigation, encouraging economic prosperity with building commitment stability peace connecting the hub Asia Africa (MFA, 2019). Natural gas use continues dominate energy mix despite efforts improve environmental protection attain Sustainable Development Goals (SDGs). Also, increasing production investment typically leads better quality life more disposable income for...

This study draws motivation from the United Nations Sustainable Development Goals (7.8.11), which highlight pertinent issues across globe, among are access to energy, responsible consumption, and sustainable development. To this end, we explored pivotal role of public–private partnerships (PPP) investment in energy Turkey, is currently on an aggressive trajectory for its mix efficiency. avoid omitted variable bias econometric strategies, controlled vital macroeconomic indicators such as...

Abstract The relationship between energy utilization and the environment is crucial in an era of environmental concerns by global economies rising consumption. Emerging such as Mexico, Indonesia, Nigeria, Turkey (hereafter, MINT) face complex trade‐offs economic growth sustainability. Strengthening this study are UN Sustainable Development Goals prepositions on access to clean alternative energy, decent growth, responsible production consumption climate action (UN‐SDGs‐7, 8, 12, 13). present...

Abstract This article examines the relationship between carbon emissions and international tourism growth through channels of globalization real income via testing Environmental Kuznets curve (EKC) over periods 1995 to 2016 for 16 selected island states (TIS) that prioritized as a means maximizing economic growth. Using dynamic panel‐based pooled mean group method autoregressive distributed lag, results confirm globalization‐tourism‐induced EKC hypothesis TIS. implies emissions, are in...

In accordance with the Intergovernmental Panel on Climate Change (IPCC), Kyoto protocol and United Nations Sustainable development goals (UNSDGs) climate action (SDG-13), there has been a need across economies for transition from fossil-fuel-based energy sources such as coal consumption to cleaner options i.e., low-carbon economy.To this end, present study explores asymmetric relationship between consumption, economic growth, rising urban population emission level in South Africa.The span is...

Abstract Agricultural land is a main component of the environment and ecological system. Therefore, this study employs panel cointegration approach to investigate dynamic relationship between housing market vis‐à‐vis price ( hp ) agricultural 15 countries (countries with gross domestic product–weighted average national Economic Policy Uncertainty index) over period 1997–2015. Additionally, Granger causality Dumitrescu–Hurlin employed for investigation. The model adjusts long‐run equilibrium...

The present study examined the relationship between finance, government revenue, institutional quality and sustainable energy supply in West Africa countries over annual frequency period from 2012 to 2020. To achieve outlined nexus variables, leverages on a battery of panel analysis for robust inferences. econometric estimators employed are random effect regression, generalized method moment technique. Furthermore, Granger causality test is utilized analyze direction flow among variables...

Cement production reportedly accounts for the largest global materials flow, thus achieving environmental sustainability through responsible consumption and is central to sustainable development scenario. But even that China, world's carbon emitter cement producer, under-studied. Thus, current study employed nonlinear ARDL frequency domain causality methods unearth contributory or mitigating role of energy sources economic progress in China's emission (CCE) over period 1971-2020. Overall,...