DOI: https://doi.org/10.14710/ijred.2021.34982

Coal Consumption and Environmental Sustainability in South Africa: The role of Financial Development and Globalization

1Faculty of Economics and Administrative Science, Department of Business Administration, Cyprus International University, Northern Cyprus, TR-10 Mersin, Turkey

2Faculty of Economic and Administrative Sciences, Department of Banking and Finance, European University of Lefke, Northern Cyprus TR-10 Mersin,, Turkey

3School of computing and technology, Department of Information Technology, Eastern Mediterranean University, Northern Cyprus, Mersin 10, Turkey

4 Faculty of applied science, Department of Management information systems, Cyprus international university, Northern Cyprus, Mersin 10, Turkey

5 Faculty of Economics and Administrative Sciences, Department of Business, Management, Girne American University, Northern Cyprus, Mersin 10, Turkey

6 School of Applied Sciences, Department of Management Information Systems, , Cyprus International University, Nicosia, Northern Cyprus, TR-10 Mersin, Turkey

View all affiliations
Received: 14 Dec 2020; Revised: 15 Feb 2021; Accepted: 1 Mar 2021; Available online: 10 Mar 2021; Published: 1 Aug 2021.
Editor(s): Rock Keey Liew
Open Access Copyright (c) 2021 The Authors. Published by Centre of Biomass and Renewable Energy (CBIORE)
Creative Commons License This work is licensed under a Creative Commons Attribution-ShareAlike 4.0 International License.

Citation Format:
Abstract

This paper aims to investigate coal consumption and environmental sustainability in South Africa by examining the role of financial development and globalization by using a dataset covering the period from 1980 to 2017. The study utilized the Auto-regressive Distributed Lag Model (ARDL) approach in addition to the Bayer and Hank combined co-integration, fully modified Ordinary least squares (FMOLS), and Dynamic ordinary least Squares (DOLS). The study further utilized the frequency domain causality test to capture the causal linkage between the series. The advantage of the frequency domain causality is that it can capture causal linkages between series at different periods. The Bayer and Hanck co-integration and ARDL bounds tests reveal co-integration among the series. The empirical findings based on the ARDL long-run estimation reveal that a 1% increase in coal consumption increases environmental degradation by 1.077%, while a 1% increase in financial development decreases the environmental degradation by 0.973%. Furthermore, a 1% increase in economic growth decreases environmental quality by 1.449%. The outcomes of the FMOLS and DOLS approaches also provide supportive evidence for the ARDL long-run results. Furthermore, the results of the frequency domain causality test reveal that at a significance level of 1%, coal consumption Granger causes CO2 emissions at different frequencies, while financial development Granger causes CO2 emissions in the long run and short run at a significance level of 10%. In terms of policy suggestions, South Africa should embrace policies that encourage energy consumers to shift toward renewable energy. Furthermore, financial reforms should be implemented to curb environmental degradation

Fulltext View|Download
Keywords: CO2 Emissions; Coal Consumption; Financial Development; Globalization; South-Africa

Article Metrics:

Article Info
Section: Original Research Article
Language : EN
Recent articles
Short-term Hydro-Thermal-Wind-Solar Power Scheduling: A Case Study of Kanyakumari Region of India Copper and Lead Ions Removal by Electrocoagulation: Process Performance and Implications for Energy Consumption Sustainable Green Charcoal Briquette from Food Waste via Microwave Pyrolysis Technique: Influence of Type and Concentration of Binders on Chemical and Physical Characteristics More recent articles
Most cited articles
Thermal Decomposition and Kinetic Studies of Pyrolysis of Spirulina Platensis Residue Comparison of single and double stage regenerative organic rankine cycle for medium grade heat source through energy and exergy estimation Wind Resource Assessment in Abadan Airport in Iran Determination of Sliced Pineapple Drying Characteristics in A Closed Loop Heat Pump Assisted Drying System Alkaline Pretreatment of Sweet Sorghum Bagasse for Bioethanol Production More cited articles
  1. Abdullah, W. M. Z. B. W., Zainudin, W. N. R. A., Ishak, W. W. B. M., Sulong, F., & Zia Ul-Haq, H. M. (2021). Public Participation of Renewable Energy (PPRED) Model in Malaysia: An Instrument Development. Int. J. Ren. Energ. Dev., 10(1), 119-137. https://doi.org/10.14710/ijred.2021.32311
  2. Adebayo, T. S., & Odugbesan, J. A. (2020). Modeling CO 2 emissions in South Africa: empirical evidence from ARDL based bounds and wavelet coherence techniques. Environ. Sci. Pollut. Res., 1-13. https://doi.org/10.1007/s11356-020-11442-3
  3. Adebayo, T. S. (2020). Revisiting the EKC hypothesis in an emerging market: an application of ARDL-based bounds and wavelet coherence approaches. SN App. Sci., 2(12), 1-15. https://doi.org/10.1007/s42452-020-03705-y
  4. Adebayo, T.S. (2021). Do CO2 emissions, energy consumption and globalization promote economic growth? Empirical evidence from Japan. Environ Sci Pollut Res., 34-28. https://doi.org/10.1007/s11356-021-12495-8
  5. Adebayo, T., Akinsola, G., Odugbesan, J., Olanrewaju, V. (2021). Determinants of Environmental Degradation in Thailand: Empirical Evidence from ARDL and Wavelet Coherence Approaches. Pollut., 7(1), 181-196. doi: 10.22059/poll.2020.309083.885
  6. Adedoyin, F. F., Gumede, M. I., Bekun, F. V., Etokakpan, M. U., & Balsalobre-lorente, D. (2020). Modelling coal rent, economic growth and CO2 emissions: Does regulatory quality matter in BRICS economies?. Sci. Tot. Environ., 710, 136284. https://doi.org/10.1016/j.scitotenv.2019.136284
  7. Al-mulali, U., & Che Sab, C. N. B. (2018). The impact of coal consumption and CO2 emission on economic growth. En. Sour., Part B: Econ., Plann., and Pol., 13(4), 218-223. https://doi.org/10.1080/15567249.2012.661027
  8. Akinsola, G. D., & Adebayo, T. S. (2021) Investigating the Causal Linkage Among Economic Growth, Energy Consumption and CO 2 Emissions in Thailand: An Application of the Wavelet Coherence Approach. Int. J. Ren. Energ. Dev., 10(1). https://doi.org/10.14710/ijred.2021.32233
  9. Alola, A. A., Yalçiner, K., Alola, U. V., & Saint Akadiri, S. (2019). The role of renewable energy, immigration and real income in environmental sustainability target. Evidence from Europe largest states. Sci. Tot. Environ., 674, 307-315. https://doi.org/10.1016/j.scitotenv.2019.04.163
  10. Attiaoui, I., Toumi, H., Ammouri, B., & Gargouri, I. (2017). Causality links among renewable energy consumption, CO2 emissions, and economic growth in Africa: Evidence from a panel ARDL-PMG approach. Environ. Sci. Pollut. Res., 24(14), 13036-13048. https://doi.org/10.1007/s11356-017-8850-7
  11. Awosusi, A. A., & Adeshola, I., & Adebayo, T. S. (2020). Determinants of CO2 Emissions in Emerging Markets: An Empirical Evidence from MINT Economies. Int. J. Ren. Energ. Dev., 9(3). https://doi.org/10.14710/ijred.2020.31321
  12. Bayer, C., & Hanck, C. (2013). Combining non‐cointegration tests. J. of Tim. Ser. Anal., 34(1), 83-95. https://doi.org/10.1111/j.1467-9892.2012.00814.x
  13. Bekun, F. V., Emir, F., & Sarkodie, S. A. (2019). Another look at the relationship between energy consumption, carbon dioxide emissions, and economic growth in South Africa. Sci. Tot. Environ., 655, 759-765. https://doi.org/10.1016/j.scitotenv.2018.11.271
  14. Belaid, F., & Youssef, M. (2017). Environmental degradation, renewable and non-renewable electricity consumption, and economic growth: Assessing the evidence from Algeria. Energ. Pol., 102, 277-287. https://doi.org/10.1016/j.enpol.2016.12.012
  15. Bento, J. P. C., & Moutinho, V. (2016). CO2 emissions, non-renewable and renewable electricity production, economic growth, and international trade in Italy. Ren. Sustain. Energ. Rev., 55, 142-155. https://doi.org/10.1016/j.rser.2015.10.151
  16. Bildirici, E. M., & Bakirtas, T. (2016). The relationship among oil and coal consumption, carbon dioxide emissions, and economic growth in BRICTS countries. J. of Ren. and Sustain. Energ., 8(4), 045903. https://doi.org/10.1063/1.4955090
  17. Charfeddine L, Kahia M (2019) Impact of renewable energy consumption and financial development on CO2 emissions and economic growth in the MENA region: a panel vector autoregressive (PVAR) analysis. Ren. Energ. 139:198-213. https://doi.org/10.1016/j.renene.2019.01.010
  18. Charfeddine, L., & Khediri, K. B. (2016). Financial development and environmental quality in UAE: Cointegration with structural breaks. Ren. Sustain. Energ. Rev., 55, 1322-1335. https://doi.org/10.1016/j.rser.2015.07.059
  19. Di Gianfrancesco, A. (2017). Worldwide overview and trend for clean and efficient use of coal. In Materials for Ultra-Supercritical and Advanced Ultra-Supercritical Power Plants (pp. 643-687). Woodhead Publishing. https://doi.org/10.1016/B978-0-08-100552-1.00019-1
  20. Dogan, E., & Ozturk, I. (2017). The influence of renewable and non-renewable energy consumption and real income on CO 2 emissions in the USA: evidence from structural break tests. Environ. Sci. Pollut. Res., 24(11), 10846-10854. https://doi.org/10.1007/s11356-017-8786-y
  21. Fei, L., Dong, S., Xue, L., Liang, Q., & Yang, W. (2011). Energy consumption-economic growth relationship and carbon dioxide emissions in China. Energ. Pol., 39(2), 568-574. https://doi.org/10.1016/j.enpol.2010.10.025
  22. Frankel, J. A., & Romer, D. H. (1999). Does trade cause growth?. Amer. Econ. Rev., 89(3), 379-399. https://doi.org/10.1257/aer.89.3.379
  23. He, X., Adebayo, T. S., Kirikkaleli, D., & Umar, M. (2021). Analysis of Dual Adjustment Approach: Consumption-Based Carbon Emissions in Mexico. Sust. Prod. and Con. 4(3), 10-26
  24. Inglesi-Lotz, R., & Dogan, E. (2018). The role of renewable versus non-renewable energy to the level of CO2 emissions a panel analysis of sub-Saharan Africa's Βig 10 electricity generators. Ren. Energ., 123, 36-43 https://doi.org/10.1016/j.renene.2018.02.041
  25. International Monetary Fund, (2019) https://data.imf.org/?sk=1C28EBFB-62B3-4B0C-AED3-048EEEBB684F
  26. Jian J, Fan X, He P, Xiong H, Shen H (2019) The effects of energy consumption, economic growth and financial development on CO2 emissions in China: a VECM Approach. Sustain., 11(18):4850. https://doi.org/10.3390/su11184850
  27. Joshua, U., Bekun, F. V., & Sarkodie, S. A. (2020). New insight into the causal linkage between economic expansion, FDI, coal consumption, pollutant emissions and urbanization in South Africa. Environ. Sci. Pollut. Res., 1-12. https://doi.org/10.1007/s11356-020-08145-0
  28. Kalmaz, D. B., & Adebayo, T. S. (2021). Determinants of CO 2 emissions: empirical evidence from Egypt. Environ. Eco. Stat.,, 1-24
  29. Kalmaz, D. B., & Kirikkaleli, D. (2019). Modeling CO 2 emissions in an emerging market: empirical finding from ARDL-based bounds and wavelet coherence approaches. Environ. Sci. Pollut. Res., 26(5), 5210-5220. https://doi.org/10.1007/s11356-018-3920-z
  30. Kalayci, C. (2019). The impact of economic globalization on CO2 emissions: the case of NAFTA countries. Int. J. of Energ. Econ. and Pol., 9(1), 356
  31. Khan, M. K., Teng, J. Z., & Khan, M. I. (2019). Effect of energy consumption and economic growth on carbon dioxide emissions in Pakistan with dynamic ARDL simulations approach. Environ. Sci. Pollut. Res., 26(23), 23480-23490. https://doi.org/10.1007/s11356-019-05640-x
  32. Khan, M. K., Teng, J. Z., Khan, M. I., & Khan, M. O. (2019). Impact of globalization, economic factors and energy consumption on CO2 emissions in Pakistan. Sci. Tot. Environ., 688, 424-436. https://doi.org/10.1016/j.scitotenv.2019.06.065
  33. Khan, M. T. I., Yaseen, M. R., & Ali, Q. (2017). Dynamic relationship between financial development, energy consumption, trade and greenhouse gas: comparison of upper middle income countries from Asia, Europe, Africa and America. J. of Clean. Prod., 161, 567-580. https://doi.org/10.1016/j.jclepro.2017.05.129
  34. Kirikkaleli D, Adebayo TS. (2020). Do renewable energy consumption and financial development matter for environmental sustainability? New global evidence Sustain. Dev., https://doi.org/10.1002/sd.2159
  35. Kirikkaleli, D., & Kalmaz, D. B. (2020). Testing the moderating role of urbanization on the environmental Kuznets curve: empirical evidence from an emerging market. Environ. Sci. Pollut. Res., 27(30), 38169-38180. https://doi.org/10.1007/s11356-020-09870-2
  36. Kirikkaleli, D., Adebayo, T. S., Khan, Z., & Ali, S. (2020). Does globalization matter for ecological footprint in Turkey? Evidence from dual adjustment approach. Environ. Sci. Pollut. Res., 1-9. https://doi.org/10.1007/s11356-020-11654-7
  37. Liu, M., Ren, X., Cheng, C., & Wang, Z. (2020). The role of globalization in CO2 emissions: A semi-parametric panel data analysis for G7. Sci. Tot. Environ., 718, 137379. https://doi.org/10.1016/j.scitotenv.2020.137379
  38. Magazzino, C., Bekun, F. V., Etokakpan, M. U., & Uzuner, G. (2020). Modeling the dynamic Nexus among coal consumption, pollutant emissions and real income: empirical evidence from South Africa. Environ. Sci. Pollut. Res., 27(8), 8772-8782. https://doi.org/10.1007/s11356-019-07345-7
  39. Nguyen, T., & Le, Q. (2020). Impact of globalization on CO2 emissions in Vietnam: An autoregressive distributed lag approach. Dec. Sci. Lett., 9(2), 257-270. https://doi.org/10.5267/j.dsl.2019.10.001
  40. Odhiambo, N. M. (2016). Coal consumption and economic growth in South Africa: An empirical investigation. Energ. & Environ., 27(2), 215-226. https://doi.org/10.1177/0958305X15627535
  41. Odugbesan, J. A., & Adebayo, T. S. (2020). The symmetrical and asymmetrical effects of foreign direct investment and financial development on carbon emission: evidence from Nigeria. SN App. Sci., 2(12), 1-15. https://doi.org/10.1007/s42452-020-03817-5
  42. Onyibor, K., & Akinsola, G. D., & Adebayo, T. S. (2020). The impact of major macroeconomic variables on foreign direct investment in Nigeria: evidence from a wavelet coherence technique. SN Bus. & Econ., 1(1), 1-24. https://doi.org/10.1007/s43546-020-00018-5
  43. Ozatac, N., Gokmenoglu, K. K., & Taspinar, N. (2017). Testing the EKC hypothesis by considering trade openness, urbanization, and financial development: the case of Turkey. Environ. Sci. Pollut. Res., 24(20), 16690-16701. https://doi.org/10.1007/s11356-017-9317-6
  44. Pata, U. K. (2018a). The effect of urbanization and industrialization on carbon emissions in Turkey: evidence from ARDL bounds testing procedure. Environ. Sci. Pollut. Res., 25(8), 7740-7747. https://doi.org/10.1007/s11356-017-1088-6
  45. Pata, U. K. (2018b). The influence of coal and noncarbohydrate energy consumption on CO2 emissions: revisiting the environmental Kuznets curve hypothesis for Turkey. Energ., 160, 1115-1123. https://doi.org/10.1016/j.energy.2018.07.095
  46. Pata, U. K. (2018c). Ren. Energ. consumption, urbanization, financial development, income and CO2 emissions in Turkey: testing EKC hypothesis with structural breaks. J. of Clean. Prod., 187, 770-779. https://doi.org/10.1016/j.jclepro.2018.03.236
  47. Phillips, P. C., & Hansen, B. E. (1990). Statistical inference in instrumental variables regression with I (1) processes. The Rev. of Econ. Stud., 57(1), 99-125. https://doi.org/10.2307/2297545
  48. Rjoub, H., Odugbesan, J. A., Adebayo, T. S., & Wong, W. K. (2021). Sustainability of the Moderating Role of Financial Development in the Determinants of Environmental Degradation: Evidence from Turkey. Susain.., 13(4), 1844. https://doi.org/10.3390/su13041844
  49. Raza, M. Y., & Shah, M. T. S. (2019). Analysis of coal-related energy consumption in Pakistan: an alternative energy resource to fuel economic development. Environ., Dev. and Sustain., 1-22. https://doi.org/10.1007/s10668-019-00468-4
  50. Saidi K, Mbarek MB (2017). The impact of income, trade, urbanization, and financial development on CO 2 emissions in 19 emerging economies. Environ. Sci. Pollut. Res., 24(14):12748-12757. https://doi.org/10.1007/s11356-016-6303-3
  51. Sarkodie, S. A., & Adams, S. (2018). Ren. Energ., nuclear energy, and environmental pollution: accounting for political institutional quality in South Africa. Sci. Tot. Environ., 643, 1590-1601. https://doi.org/10.1016/j.scitotenv.2018.06.320
  52. Shahbaz, M., Tiwari, A. K., & Nasir, M. (2013). The effects of financial development, economic growth, coal consumption and trade openness on CO2 emissions in South Africa. Energ. Pol., 61, 1452-1459. https://doi.org/10.1016/j.enpol.2013.07.006
  53. Stock, J. H., & Watson, M. W. (1993). A simple estimator of cointegrating vectors in higher order integrated systems. Econometrica: J. of the Econ. Soc., 783-820. https://doi.org/10.2307/2951763
  54. Umar M, Ji X, Kirikkaleli D, Xu Q (2020) COP21 Roadmap: Do innovation, financial development, and transportation infrastructure matter for environmental sustainability in China? J. Environ. Manag., 271:111026. https://doi.org/10.1016/j.jenvman.2020.111026
  55. Usman O, Akadiri SS, Adeshola I (2020) Role of Ren. Energ. and globalization on ecological footprint in the USA: implications for environmental sustainability. Environ. Sci. Pollut. Res., 27:1-13. https://doi.org/10.1007/s11356-020-09170-9
  56. Wang, S. S., Zhou, D. Q., Zhou, P., & Wang, Q. W. (2011). CO2 emissions, energy consumption and economic growth in China: A panel data analysis. Energ. Pol, 39(9), 4870-4875. https://doi.org/10.1016/j.enpol.2011.06.032
  57. World Bank. (2018). worldbank.org/en/798731523331698204/South-Africa-Economic-Update-April-2018. Retrieved 10 December 2020. https://doi.org/10.1596/29724
  58. Word Development Indicators (WDI, 2019) https://databank.worldbank.org/source/world-development indicators#advancedDownloadOptions. Retrieved 10 December 2020
  59. World Economic Outlook Database, November (2020). IMF.org. Inter. Mon. Fun. Retrieved 19 November 2020
  60. Zhang, L., Li, Z., Kirikkaleli, D., Adebayo, T. S., Adeshola, I., & Akinsola, G. D. (2021). Modeling CO 2 emissions in Malaysia: an application of Maki cointegration and wavelet coherence tests. Environ. Sci. Pollut. Res., 1-15. https://doi.org/10.1007/s11356-021-12430-x

Last update:

  1. The interplay between financial development, electricity consumption and foreign direct investment in the GCC countries: new insights from GMM panel VAR

    Hichem Saidi, Ghassen El Montasser, Nadia Doytch. Energy Sources, Part B: Economics, Planning, and Policy, 17 (1), 2022. doi: 10.1080/15567249.2022.2136875

  2. How does green finance derive the resource efficiency and decarbonization of the economy?

    Xiang Yan, Chao Yang, Renfang Zhang. Resources Policy, 85 , 2023. doi: 10.1016/j.resourpol.2023.103934

  3. Mediating role of stock market volatility to evaluate asymmetries in the growth-degradation nexus in Nigeria

    Abdullah AlGhazali, Nana Ize Musa, Saifullahi Sani Ibrahim, Ahmed Samour. International Journal of Renewable Energy Development, 12 (3), 2023. doi: 10.14710/ijred.2023.52322

  4. Dominance of Fossil Fuels in Japan’s National Energy Mix and Implications for Environmental Sustainability

    Tomiwa Sunday Adebayo, Abraham Ayobamiji Awosusi, Seun Damola Oladipupo, Ephraim Bonah Agyekum, Arunkumar Jayakumar, Nallapaneni Manoj Kumar. International Journal of Environmental Research and Public Health, 18 (14), 2021. doi: 10.3390/ijerph18147347

  5. Antibiotic resistance genes in bioaerosols: Emerging, non-ignorable and pernicious pollutants

    Ping Chen, Xiaoyan Guo, Fengxiang Li. Journal of Cleaner Production, 348 , 2022. doi: 10.1016/j.jclepro.2022.131094

  6. The effect of public–private partnership investment, financial development, and renewable energy consumption on the ecological footprint in South Asia and the Pacific region

    Ya Wen, Chenchen Qu, Chen Gao, Pingting Song, Deyong Yang. Frontiers in Environmental Science, 10 , 2022. doi: 10.3389/fenvs.2022.1022046

  7. RETRACTED ARTICLE: Advancing sustainable development: the impact of energy transition on accelerating technological progress

    Jingzhi Cao, Haiquan Wu, Yuyou Zou. Economic Change and Restructuring, 57 (2), 2024. doi: 10.1007/s10644-024-09664-3

  8. Does the green finance development and renewable energy affect the economic recovery in Asian economies

    Li Dai, Yuyu Xiong. Renewable Energy, 216 , 2023. doi: 10.1016/j.renene.2023.118922

  9. Energy Productivity and Environmental Degradation in Germany: Evidence from Novel Fourier Approaches

    Kwaku Addai, Rahmi Deniz Ozbay, Rui Alexandre Castanho, Sema Yilmaz Genc, Gualter Couto, Dervis Kirikkaleli. Sustainability, 14 (24), 2022. doi: 10.3390/su142416911

  10. The influence of renewable energy usage on consumption-based carbon emissions in MINT economies

    Tomiwa Sunday Adebayo, Abraham Ayobamiji Awosusi, Husam Rjoub, Ephraim Bonah Agyekum, Dervis Kirikkaleli. Heliyon, 8 (2), 2022. doi: 10.1016/j.heliyon.2022.e08941

  11. Modeling the Dynamic Linkage between Renewable Energy Consumption, Globalization, and Environmental Degradation in South Korea: Does Technological Innovation Matter?

    Tomiwa Sunday Adebayo, Manuel Francisco Coelho, Dilber Çağlar Onbaşıoğlu, Husam Rjoub, Mário Nuno Mata, Paulo Viegas Carvalho, João Xavier Rita, Ibrahim Adeshola. Energies, 14 (14), 2021. doi: 10.3390/en14144265

  12. Alert in the dynamics of water-energy-food production in African countries from a nexus perspective

    Fabien Muhirwa, Lei Shen, Ayman Elshkaki, Jeffrey Chiwuikem Chiaka, Shuai Zhong, Eric Bönecke, Hubert Hirwa, Ayalkibet M. Seka, Telesphore Habiyakare, Alexandre Tuyishimire, Barthelemy Harerimana. Resources, Conservation and Recycling, 194 , 2023. doi: 10.1016/j.resconrec.2023.106990

  13. The symmetric and asymmetric effect of financial development on ecological footprint in South Africa: ARDL and NARDL approach

    Sibusiso Khoza, Mduduzi Biyase. Frontiers in Environmental Science, 12 , 2024. doi: 10.3389/fenvs.2024.1347977

  14. Enhancing Environmental Accounting Information Disclosure in Indonesian Enterprises: The Role of Environmental Management and Government Ownership

    Mohammad Radwan Mohammad Qudah, Abdul Razak Munir, Muhammad Sobarsyah, Sabbar Dahham Sabbar, Shahid Bashir, Mursalim Nohong, Arifuddin Mannan. Journal of Environmental Assessment Policy and Management, 25 (03), 2023. doi: 10.1142/S146433322350014X

  15. Controlling air pollution by lowering methane emissions, conserving natural resources, and slowing urbanization in a panel of selected Asian economies

    Sadoon Hanif, Majid Lateef, Kamil Hussain, Shabir Hyder, Bushra Usman, Khalid Zaman, Muhammad Asif, Ashfaque Chowdhury. PLOS ONE, 17 (8), 2022. doi: 10.1371/journal.pone.0271387

  16. Assessment of the role of trade and renewable energy consumption on consumption-based carbon emissions: evidence from the MINT economies

    Tomiwa Sunday Adebayo, Husam Rjoub. Environmental Science and Pollution Research, 28 (41), 2021. doi: 10.1007/s11356-021-14754-0

  17. The Palgrave Handbook of Global Sustainability

    Sanne Akerboom. 2023. doi: 10.1007/978-3-031-01949-4_14

  18. Quantile VAR network evidence for spillover effects and connectivity between China’s stock markets, green commodities, and Bitcoin

    Jiahui Li, Haoshen Liang, Likun Ni. Environmental Science and Pollution Research, 30 (34), 2023. doi: 10.1007/s11356-023-28033-7

  19. Role of political risk to achieve carbon neutrality: Evidence from Brazil

    Zhi-Wei Su, Muhammad Umar, Dervis Kirikkaleli, Tomiwa Sunday Adebayo. Journal of Environmental Management, 298 , 2021. doi: 10.1016/j.jenvman.2021.113463

  20. Impact of financial development and renewable energy consumption on environmental sustainability: a spatial analysis in CEMAC countries

    Jean Baptiste Bernard Pea-Assounga, Mengyun Wu. Environmental Science and Pollution Research, 29 (38), 2022. doi: 10.1007/s11356-022-19972-8

  21. RETRACTED ARTICLE: Long-run equilibrium relationship between energy consumption and CO2 emissions: a dynamic heterogeneous analysis on North Africa

    Mohammed Musah, Michael Owusu-Akomeah, Frank Boateng, Faisal Iddris, Isaac Adjei Mensah, Stephen Kwadwo Antwi, Joseph Kwasi Agyemang. Environmental Science and Pollution Research, 29 (7), 2022. doi: 10.1007/s11356-021-16360-6

  22. How e-commerce support economic growth amid COVID-19: evidence from Chinese economy

    Jianjun Sun. Environmental Science and Pollution Research, 30 (38), 2023. doi: 10.1007/s11356-023-28628-0

  23. The Effect of Public-Private Partnership Investment, Financial Development and Renewable Energy Consumption on Ecological Footprint in South Asia and Pacific Region

    Ya Wen, Pingting Song, Deyong Yang, Chen Gao. SSRN Electronic Journal , 2022. doi: 10.2139/ssrn.4123925

  24. Role of green financing and stability in the development of green resources in China

    Xiaojing Xu, Runguo Xu. Resources Policy, 85 , 2023. doi: 10.1016/j.resourpol.2023.103954

  25. Do nuclear energy and renewable energy surge environmental quality in the United States? New insights from novel bootstrap Fourier Granger causality in quantiles approach

    Mustafa Tevfik Kartal, Ahmed Samour, Tomiwa Sunday Adebayo, Serpil Kılıç Depren. Progress in Nuclear Energy, 155 , 2023. doi: 10.1016/j.pnucene.2022.104509

  26. The asymmetric effects of renewable energy consumption and trade openness on carbon emissions in Sweden: new evidence from quantile-on-quantile regression approach

    Tomiwa Sunday Adebayo, Husam Rjoub, Gbenga Daniel Akinsola, Seun Damola Oladipupo. Environmental Science and Pollution Research, 29 (2), 2022. doi: 10.1007/s11356-021-15706-4

  27. Examination of the factors contributing to environmental degradation: does LPG consumption still matter?

    Bilgehan Tekin, Sadik Aden Dirir. Environmental Science and Pollution Research, 31 (5), 2023. doi: 10.1007/s11356-023-31484-7

  28. Advancing sustainable development: the impact of energy transition on accelerating technological progress

    Jingzhi Cao, Haiquan Wu, Yuyou Zou. Economic Change and Restructuring, 57 (2), 2024. doi: 10.1007/s10644-024-09664-3

  29. Time-varying impact of income and fossil fuel consumption on CO2 emissions in India

    Mehmet Sedat Ugur, Abdurrahman Nazif Çatık, Ciler Sigeze, Esra Balli. Environmental Science and Pollution Research, 30 (58), 2023. doi: 10.1007/s11356-023-30806-z

  30. Role of stock market return and natural resources utilisation on green economic development: Empirical evidence from China

    Yu Xia. Resources Policy, 81 , 2023. doi: 10.1016/j.resourpol.2023.103425

  31. Empowering environmental change: role of green bonds in shaping green e-commerce and sustainable business

    Yunxiang Cheng, Yi Chen. Environmental Science and Pollution Research, 30 (41), 2023. doi: 10.1007/s11356-023-28895-x

  32. Thermodynamic analysis of moist coal during microwave heating using coupled electromagnetic, multi-phase heat and mass transfer model

    Jiexin Lu, Shiliang Shi, He Li, Yi Lu, Xingyu Shi, Qing Ye, Min Li. Chemical Engineering Science, 255 , 2022. doi: 10.1016/j.ces.2022.117690

  33. The Imperativeness of Environmental Quality in China Amidst Renewable Energy Consumption and Trade Openness

    Özgür Bayram Soylu, Tomiwa Sunday Adebayo, Dervis Kirikkaleli. Sustainability, 13 (9), 2021. doi: 10.3390/su13095054

  34. Role of Renewable Energy Consumption and Technological Innovation to Achieve Carbon Neutrality in Spain: Fresh Insights From Wavelet Coherence and Spectral Causality Approaches

    Yawen Zhao, Muhammad Ramzan, Tomiwa Sunday Adebayo, Seun Damola Oladipupo, Ibrahim Adeshola, Ephraim Bonah Agyekum. Frontiers in Environmental Science, 9 , 2021. doi: 10.3389/fenvs.2021.769067

  35. A Roadmap toward Achieving Sustainable Environment: Evaluating the Impact of Technological Innovation and Globalization on Load Capacity Factor

    Abraham Ayobamiji Awosusi, Kaan Kutlay, Mehmet Altuntaş, Bakhtiyor Khodjiev, Ephraim Bonah Agyekum, Mokhtar Shouran, Mohamed Elgbaily, Salah Kamel. International Journal of Environmental Research and Public Health, 19 (6), 2022. doi: 10.3390/ijerph19063288

  36. Trade Liberalization and Environmental Sustainability Risk: Do Governance and Regulatory Structures Influence the Dynamics?

    Rexford Abaidoo, Elvis Kwame Agyapong. The International Trade Journal, 36 (5), 2022. doi: 10.1080/08853908.2022.2092566

  37. The Role of Financial Development in Climate Change Mitigation: Fresh Policy Insights from South Africa

    Maxwell Chukwudi Udeagha, Marthinus Christoffel Breitenbach. Biophysical Economics and Sustainability, 8 (1), 2023. doi: 10.1007/s41247-023-00110-y

  38. Can CO2 emissions and energy consumption determine the economic performance of South Korea? A time series analysis

    Tomiwa Sunday Adebayo, Abraham Ayobamiji Awosusi, Dervis Kirikkaleli, Gbenga Daniel Akinsola, Madhy Nyota Mwamba. Environmental Science and Pollution Research, 28 (29), 2021. doi: 10.1007/s11356-021-13498-1

  39. Solar Energy and CO2 Emissions: CCEMG Estimations for 26 Countries

    Taner Güney, Duygu İnce. Journal of the Knowledge Economy, 2023. doi: 10.1007/s13132-023-01337-2

  40. Role of nuclear energy in carbon mitigation to achieve United Nations net zero carbon emission: evidence from Fourier bootstrap Toda-Yamamoto

    Akanksha Singh, Shiv Lal, Nand Kumar, Rajan Yadav, Shweta Kumari. Environmental Science and Pollution Research, 30 (16), 2023. doi: 10.1007/s11356-023-25572-x

  41. RETRACTED: How does green finance derive the resource efficiency and decarbonization of the economy?

    Xiang Yan, Chao Yang, Renfang Zhang. Resources Policy, 85 , 2023. doi: 10.1016/j.resourpol.2023.103934

  42. Beyond environmental Kuznets curve and policy implications to promote sustainable development in Mediterranean

    Bright Akwasi Gyamfi, Tomiwa Sunday Adebayo, Festus Victor Bekun, Ephraim Bonah Agyekum, Nallapaneni Manoj Kumar, Hassan Haes Alhelou, Amer Al-Hinai. Energy Reports, 7 , 2021. doi: 10.1016/j.egyr.2021.09.056

  43. Role of financial inclusion, green innovation, and energy efficiency for environmental performance? Evidence from developed and emerging economies in the lens of sustainable development

    Anu, Amit Kumar Singh, Syed Ali Raza, Joanna Nakonieczny, Umer Shahzad. Structural Change and Economic Dynamics, 64 , 2023. doi: 10.1016/j.strueco.2022.12.008

  44. Can CO2 emissiovns and energy consumption determine the economic performance of South Korea? A time series analysis

    Tomiwa Sunday Adebayo, Abraham Ayobamiji Awosusi, Dervis Kirikkaleli, Gbenga Daniel Akinsola, Madhy Nyota Mwamba. Environmental Science and Pollution Research, 2021. doi: 10.1007/s11356-021-13498-1

  45. The role of economic complexity in the environmental Kuznets curve of MINT economies: evidence from method of moments quantile regression

    Tomiwa Sunday Adebayo, Husam Rjoub, Seyi Saint Akadiri, Seun Damola Oladipupo, Arshian Sharif, Ibrahim Adeshola. Environmental Science and Pollution Research, 29 (16), 2022. doi: 10.1007/s11356-021-17524-0

  46. The impact of technological innovation and financial development on environmental pollution in gulf cooperation council – A linear and nonlinear ARDL approach

    Abdullah Aloqab, Wen Hu, Mohammed Al-Sharafi, Abdo AL-Barakani, Wahib Elayah, Shahid Munir. Environmental Science and Pollution Research, 30 (53), 2023. doi: 10.1007/s11356-023-30372-4

  47. Modelling the globalization-CO2 emission nexus in Australia: evidence from quantile-on-quantile approach

    Tomiwa Sunday Adebayo, Alex O. Acheampong. Environmental Science and Pollution Research, 29 (7), 2022. doi: 10.1007/s11356-021-16368-y

  48. Financial inclusion and the environmental deterioration in Eurozone: The moderating role of innovation activity

    Zeeshan Fareed, Mubeen Abdur Rehman, Tomiwa Sunday Adebayo, Yihan Wang, Munir Ahmad, Farrukh Shahzad. Technology in Society, 69 , 2022. doi: 10.1016/j.techsoc.2022.101961

  49. Environmental efficiency, climate innovation, and resource rent in Chinaʼs SDGs: Insights from quantile regressions

    Yin Lamei, Yue Zhou, Liu Shan. Resources Policy, 86 , 2023. doi: 10.1016/j.resourpol.2023.104021

  50. Asymmetric nexus of coal consumption with environmental quality and economic growth: Evidence from BRICS, E7, and Fragile Five countries by novel quantile approaches

    Mustafa Tevfik Kartal, Hasan Murat Ertuğrul, Dilvin Taşkın, Fatih Ayhan. Energy & Environment, 2023. doi: 10.1177/0958305X231151675

  51. Exploring the moderating role of financial development in environmental Kuznets curve for South Africa: fresh evidence from the novel dynamic ARDL simulations approach

    Maxwell Chukwudi Udeagha, Marthinus Christoffel Breitenbach. Financial Innovation, 9 (1), 2023. doi: 10.1186/s40854-022-00396-9

  52. Towards Environmental Sustainability in China: Role of Globalization and Hydroelectricity Consumption

    Rahmi Deniz Özbay, Seyed Alireza Athari, Chafic Saliba, Dervis Kirikkaleli. Sustainability, 14 (7), 2022. doi: 10.3390/su14074182

  53. Coal energy consumption beat renewable energy consumption in South Africa: Developing policy framework for sustainable development

    Tomiwa Sunday Adebayo, Abraham Ayobamiji Awosusi, Festus Victor Bekun, Mehmet Altuntaş. Renewable Energy, 175 , 2021. doi: 10.1016/j.renene.2021.05.032

  54. Türkiye’nin Karbon Nötrlüğü Hedefinde Ekonomik Faktörlerin Rolü

    Münevvere YILDIZ. Ekonomi, Politika & Finans Araştırmaları Dergisi, 8 (1), 2023. doi: 10.30784/epfad.1207540

  55. Does the Environmental Kuznets Curve Hold for Coal Consumption? Evidence from South and East Asian Countries

    Qaisar Shahzad, Kentaka Aruga. Sustainability, 15 (6), 2023. doi: 10.3390/su15065532

  56. Using econometric and machine learning models to forecast crude oil prices: Insights from economic history

    Zilin Xu, Muhammad Mohsin, Kaleem Ullah, Xiaoyu Ma. Resources Policy, 83 , 2023. doi: 10.1016/j.resourpol.2023.103614

  57. Linking Economic Growth, Urbanization, and Environmental Degradation in China: What Is the Role of Hydroelectricity Consumption?

    Tomiwa Sunday Adebayo, Mary Oluwatoyin Agboola, Husam Rjoub, Ibrahim Adeshola, Ephraim Bonah Agyekum, Nallapaneni Manoj Kumar. International Journal of Environmental Research and Public Health, 18 (13), 2021. doi: 10.3390/ijerph18136975

  58. Financing efficiency in natural resource markets mobilizing private and public capital for a green recovery

    Juan Yan, Muhammad Haroon. Resources Policy, 85 , 2023. doi: 10.1016/j.resourpol.2023.103841

  59. Natural gas supply cuts and searching alternatives in Germany: A disaggregated level energy consumption analysis for environmental quality by time series approaches

    Mustafa Tevfik Kartal, Serpil Kılıç Depren, Fatih Ayhan. Environmental Science and Pollution Research, 30 (41), 2023. doi: 10.1007/s11356-023-28959-y

  60. The Effect of Energy Consumption and Economic Growth on Environmental Sustainability in the GCC Countries: Does Financial Development Matter?

    Hala Baydoun, Mehmet Aga. Energies, 14 (18), 2021. doi: 10.3390/en14185897

  61. The role of energy, political stability, and real income on achieving carbon neutrality: asymmetric evidence

    Abraham Ayobamiji Awosusi, Seyi Saint Akadiri, Victoria Olushola Olanrewaju, Husam Rjoub, Huseyin Ozdeser, Opeoluwaseun Ojekemi. Environmental Science and Pollution Research, 30 (35), 2023. doi: 10.1007/s11356-023-28136-1

  62. RETRACTED ARTICLE: Empowering environmental change: role of green bonds in shaping green e-commerce and sustainable business

    Yunxiang Cheng, Yi Chen. Environmental Science and Pollution Research, 30 (41), 2023. doi: 10.1007/s11356-023-28895-x

  63. Investigating the Linkage between Economic Growth and Environmental Sustainability in India: Do Agriculture and Trade Openness Matter?

    Ayhan Orhan, Tomiwa Sunday Adebayo, Sema Yılmaz Genç, Dervis Kirikkaleli. Sustainability, 13 (9), 2021. doi: 10.3390/su13094753

  64. The tapestry of green economics: mapping the nexus of CO2 emissions, economic growth, and renewable energy

    Mohd Afjal. SSRN Electronic Journal, 2023. doi: 10.2139/ssrn.4623125

  65. Renewable Energy, Economic Growth and Economic Development Nexus: A Bibliometric Analysis

    Henrique Oliveira, Víctor Moutinho. Energies, 14 (15), 2021. doi: 10.3390/en14154578

Last update: 2025-04-01 02:19:51

No citation recorded.