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Öğe Book Review-2: Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel 2020: Improvements to Auction Theory and Inventions of New Auction Formats(İstanbul Gelişim Üniversitesi Yayınları / Istanbul Gelisim University Press, 2021) Tosun, MerveSveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel 2020: Improvements to Auction Theory and Inventions of New Auction Formats Paul R. MILGROM and Robert B. WILSONÖğe Energy transition and diversification: A pathway to achieve sustainable development goals (SDGs) in Brazil(Elsevier, 2022) Udemba, Edmund Ntom; Tosun, MerveThis is a study of Brazil's sustainable development with respect to its environmental performance amidst its great emission and renewable energy potentials. Brazil has striking features of large renewable sector and at the same time identified as among the highest carbon emission countries in the likes of India and Russia. Following the position of Brazil in both emissions ranking and its potentials in curbing the emission through renewable source, we utilized Brazil data of 1970e2018 for a scientific research into the possibility of achieving sustainable development in Brazil. Instruments such as renewable policies (renewable energy consumption and fossil fuels), foreign direct investments (FDI) and income growth (GDP per capita, 2010) are utilized in this study. We adopt scientific methods like structural break test, autoregressive distributed lag (ARDL) bound test and granger causality in this study. This will give a clear and holistic insight into the best strategy for achieving sustainable development in Brazil. Findings from both ARDL short run and long run established a U-shape environmental Kuznets curve (EKC) instead of the popular inverted U-shape EKC. A negative and significant relationships are found between renewable energy consumption, FDI and carbon emission (CO2), while a positive and significant association is established between fossil fuels and carbon emissions. This points that renewable energy and FDI are impacting positively on Brazil's environment quality while fossil fuels are impacting negatively on the environment. Findings from granger causality support the findings from ARDL by establishing both two ways and one way nexus among the energy policies (renewable and fossil fuels, FDI and income growth). The findings show that policies to curb carbon emission and achieve sustainable development should be framed around the energy policies (energy transmission to more clean energies).Öğe Moderating effect of institutional policies on energy and technology towards a better environment quality: A two dimensional approach to China's sustainable development(ELSEVIER SCIENCE INC, STE 800, 230 PARK AVE, NEW YORK, NY 10169, 2022) Udemba, Edmund Ntom; Tosun, MerveOur study contributes towards identifying the world best practises and possible ways of attaining China's climate and sustainable goals. China is among the fastest growing emerging economies in the world, and its growth cannot be separated from utilization of energy sources which are capable of jeopardizing its climate and sustainable goals. China is ranked 1st in the global carbon emission which has great implications in both its domestic environment sustainable development and global climate change. Considering the position of China in the global economic and environmental performance, it is essential to investigate the possible global best practices to achieve its sustainable development. We utilized China's data of 1996Q1-2018Q4 for this study. Relevant instruments (renewable energy, technology innovation and institution) and methodology (Autoregressive Distributed Lag-ARDL bound and dynamics with granger causality) are adopted to scientifically test both the economic and environment performance of China. Findings from ARDL test established non validity of inverted U-shaped theory of Environmental Kuznets Curve (EKC) for the case of China. Also, inverse relationship is established between all the selected variables (renewable energy, technological innovation and institution) and the CO2. Interestingly, the output from granger causality is in synergy with the output from ARDL short and long run outputs. Feedback transmission was found between the variables (renewable energy, technological innovation and institution) of our choice with both environment (carbon dioxide emissions-CO2) and economic growth (Gross Domestic Product-GDP). The trend of relationship established between the selected variables (renewable energy, technology innovation and institution) points towards China's ability to achieve its climate and sustainable goal by framing its policy around energy sector and enhancement of technology with strong institutions.Öğe Sustainable development policies of renewable energy and technological innovation toward climate and sustainable development goals(WILEY, 111 RIVER ST, HOBOKEN 07030-5774, NJ, 2023) Xing, Licong; Udemba, Edmund Ntom; Tosun, Merve; Abdallah, Ibrahim; Boukhris, ImedThis study seeks to investigate the possibility of achieving Chinese climate and sus-tainable development goals (SDGs) with technological innovations and renewableenergy policies. Currently, China is ranked first in global emissions. Hence, we utilizedChinese data of 1996Q1 2018Q4 to investigate the policy implication of technologi-cal innovation and renewal energy towards its climate goals. Economic development,technology, energy and environmental policies are incorporated in our study for clearinsight on the impact of technology and renewable energy on China's climate goals.We adopt different scientific approaches (structural break, bound method of co-inte-gration, autoregressive dynamic lag-ARDL dynamics and granger causality test) forboth quantitative and theoretical analyses. Our discussions and policy inference arebased on the findings from ARDL and granger causality analyses. Findings from ARDLtests debunk the inverted U-shape EKC hypothesis for China. Technological innova-tions and renewable energies are found impacting favorably on Chinese environmentby reducing carbon emissions. Output derived from Causality supports the resultsfrom ARDL with nexus established amongst the selected instruments. From the find-ings, we conclude by advocating for policy to be framed on renewable energy sectorthrough investment and technological boosting towards a SDG for China.