Beyond the environmental Kuznets Curve in E7 economies: Accounting for the combined impacts of institutional quality and renewables

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dc.authoridhttps://orcid.org/0000-0003-4948-6905en_US
dc.authoridhttps://orcid.org/0000-0002-7567-9885en_US
dc.authoridhttps://orcid.org/0000-0003-1497-7835en_US
dc.contributor.authorBekun, Festus Victor
dc.contributor.authorGyamfi, Bright Akwasi
dc.contributor.authorOnifade, Stephen Taiwo
dc.contributor.authorAgboola, Mary Oluwatoyin
dc.date.accessioned2023-07-30T05:45:36Z
dc.date.available2023-07-30T05:45:36Z
dc.date.issued2021en_US
dc.departmentİktisadi İdari ve Sosyal Bilimler Fakültesien_US
dc.description.abstractThis study explores the applicability of conventional environmental Kuznets curve (EKC) with an extension for the case of emerging industrialized economies, comprised of China, India, Brazil, Mexico, Russia, Indonesia, and Turkey, for annual time frequency from 1995 to 2016. This study is distinct from that already documented in the extant literature by extending the traditional EKC phenomenon by accounting for the combined impact of institutional quality and renewables in E7 blocs. The countries under review are known to be emerging and still at their scale stage of their growth path. As such, the need to explore the theme is pertinent for stakeholders. Empirical framework is built on second-generational panel econometrics strategies that consist of Augmented Mean Group, Common Correlated Effects Mean Group estimator, Driscoll-Kraay and Dumitrescu and Hurlin Causality analysis, which is superior to first-generation methods. Our study validates the EKC phenomenon in E7, i.e., where emphasis is placed on economic expansion relative to the quality of the environment. The EKC phenomenon is validated by the deteriorating effect of fossil-fuel energy consumption in the bloc. However, renewables are seen as a panacea to reduce pollution emission as renewable energy exerts a negative and statistical relationship with CO2 emission over the sampled period. Additional results show that weak institution also dampens the quality of the environment in E7. These outcomes are suggestive to policy makers to reinforce their commitment to the quality of the environment in terms of growth and energy transition from fossil fuel to clean energy sources. Further policy prescriptions are presented in the concluding section.en_US
dc.identifier.doi10.1016/j.jclepro.2021.127924en_US
dc.identifier.endpage10en_US
dc.identifier.issn0959-6526
dc.identifier.issn1879-1786
dc.identifier.scopus2-s2.0-85108873216en_US
dc.identifier.scopusqualityQ1en_US
dc.identifier.startpage1en_US
dc.identifier.urihttps://hdl.handle.net/11363/5136
dc.identifier.urihttps://doi.org/
dc.identifier.volume314en_US
dc.identifier.wosWOS:000685929200001en_US
dc.identifier.wosqualityQ1en_US
dc.indekslendigikaynakWeb of Scienceen_US
dc.indekslendigikaynakScopusen_US
dc.institutionauthorBekun, Festus Victor
dc.language.isoenen_US
dc.publisherELSEVIER SCI LTD, THE BOULEVARD, LANGFORD LANE, KIDLINGTON, OXFORD OX5 1GB, OXON, ENGLANDen_US
dc.relation.ispartofJournal of Cleaner Productionen_US
dc.relation.publicationcategoryMakale - Uluslararası Hakemli Dergi - Kurum Öğretim Elemanıen_US
dc.rightsinfo:eu-repo/semantics/openAccessen_US
dc.rightsAttribution-NonCommercial-NoDerivs 3.0 United States*
dc.rights.urihttp://creativecommons.org/licenses/by-nc-nd/3.0/us/*
dc.subjectEnvironmental kuznets curveen_US
dc.subjectCarbon-reductionen_US
dc.subjectEnvironmental sustainabilityen_US
dc.subjectInstitutional qualityen_US
dc.subjectRenewablesen_US
dc.subjectE7 economiesen_US
dc.titleBeyond the environmental Kuznets Curve in E7 economies: Accounting for the combined impacts of institutional quality and renewablesen_US
dc.typeArticleen_US

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