Improving energy efficiency and mitigating environmental problems through environmental regulations and taxes are considered as fundamental driving forces of climate change policies. However, the ...current literature on the theoretical and empirical evidence focusing on the inter-linkages between environmental taxes, energy consumption, and environmental quality is rather meager. This article attempts to provide a detailed survey on the earlier literature for developed, developing, and emerging countries analysis by covering the literature up to 2020. The prime objective of this survey is the coverage of different level of economies, modeling, methodologies, time periods as well as empirical outcomes. The study mainly covers three types of causality direction: (i) environmental taxes, energy consumption, and energy efficiency; (ii) environmental taxes and environmental quality; (iii) energy consumption (renewables, non-renewable, and fossil fuels) and environment deterioration. Most of the empirical studies reported that the energy usage for economic activities significantly affects the pollutant emissions. However, the role of environmental taxes is still ambiguous and demands a more in-depth investigation. Comprehending the literature survey has provided the basis to address the policymaking, designing as well as the implementation of environmental regulations.
Under the growing threats of climate change, innovation and pollution reduction have become driving forces for cleaner economic growth and the environment. This study endeavors to analyze the effect ...of economic complexity—understood as structural transformation toward more sophisticated and knowledge‐based production, economic progress, renewable energy consumption, and population growth over carbon emissions. Our study employs panel data for a sample of 28 OECD countries covering the period of 1990–2014. The main contribution to the energy economics literature is given by bringing together the concept of environmental degradation and economic complexity controlling via renewable energy consumption and economic and population growth. Based on the extensive empirical analysis (augmented mean group estimator, panel cointegration, and panel regression techniques), we conclude that economic complexity and renewable energy might help in mitigating the environmental degradation problems in OECD countries.
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BFBNIB, FZAB, GIS, IJS, KILJ, NLZOH, NUK, OILJ, SBCE, SBMB, UL, UM, UPUK
The present study examines the asymmetrical effect of temperature on COVID-19 (Coronavirus Disease) from 22 January 2020 to 31 March 2020 in the 10 most affected provinces in China. This study used ...the Sim & Zhou' quantile-on-quantile (QQ) approach to analyze how the temperature quantities affect the different quantiles of COVID-19. Daily COVID-19 and, temperature data collected from the official websites of the Chinese National Health Commission and Weather Underground Company (WUC) respectively. Empirical results have shown that the relationship between temperature and COVID-19 is mostly positive for Hubei, Hunan, and Anhui, while mostly negative for Zhejiang and Shandong provinces. The remaining five provinces Guangdong, Henan, Jiangxi, Jiangsu, and Heilongjiang are showing the mixed trends. These differences among the provinces can be explained by the differences in the number of COVID-19 cases, temperature, and the province's overall hospital facilitations. The study concludes that maintaining a safe and comfortable atmosphere for patients while COVID-19 is being treated may be rational.
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•Ø This paper examines the interlinkages between temperature and COVID-19 in the top ten coronavirus affected Chinese provinces.•Ø QQ approach of Sim and Zhou is applied to explore some nuanced features of temperature and COVID-19 nexus.•We find mostly positive relationship for Hubei, Hunan and Anhui between temperature and COVID-19.•Zhejiang and Shandong provinces are showing mostly negative impacts between temperature and COVID-19.
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GEOZS, IJS, IMTLJ, KILJ, KISLJ, NLZOH, NUK, OILJ, PNG, SAZU, SBCE, SBJE, UILJ, UL, UM, UPCLJ, UPUK, ZAGLJ, ZRSKP
With growing concerns about climate change, global warming and greenhouse gas (GHG) emissions, environmental taxes, renewable energy consumption, and environmental technologies have caught attention ...from researchers, policymakers, and concerned organizations in developed and developing world. The environmental-related taxes and carbon and energy taxes are considered as effective tool and highly recommended by economists and environmental scientists in developed nations (e.g., European economies). To this end, the current study examines the role of environmental policies and regulations and cleaner energy consumption for GHG emissions across leading emitter countries in Europe. The study used annual data of variables from 1994 to 2018 for nine leading European economies. The empirical estimates of quantile regression, FMOLS, and DOLS revealed that environmental taxes and promotion of cleaner energy sources can be effective to reduce overall pollution efflux. The study reports new implications regarding sustainable development goals.
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CEKLJ, EMUNI, FIS, FZAB, GEOZS, GIS, IJS, IMTLJ, KILJ, KISLJ, MFDPS, NLZOH, NUK, OILJ, PNG, SAZU, SBCE, SBJE, SBMB, SBNM, UKNU, UL, UM, UPUK, VKSCE, ZAGLJ
The higher economic growth of China intensifies the consumption of fossil fuel, such as coal and oil, for electricity generation, transportation etc., which is responsible for environmental ...degradation through the emissions of carbon, sulfur, and nitrogen etc. The objectives of this study are to investigate the impact of greenhouse gas emission on health issues and provide the effective solution to overcome health-related issues, caused by carbon, sulfur, and nitrogen emission. For this purpose, we propose that higher afforestation activities can help to mitigate the carbon emission and can help to reduce the health diseases. The findings of quantile regressions reported that an increase in carbon emission causes significantly higher health issues. On the contrary, afforestation activities reported a negative coefficient, suggesting that growth of forests can be useful measure in control of health issues. The findings of the current study can be utilized in policy making and to explore the nexus between greenhouse gas emission, afforestation, and health issues.
This paper empirically examines the effect of biomass energy consumption and economic complexity on environmental sustainability in G7 economies. The current study attempts to report a comprehensive ...analysis of biomass energy and economic complexity on ecological and carbon footprints and carbon emissions. We employ data from 1990 to 2019 and adopt robust panel econometric techniques that account for the analysis's cross‐sectional dependence. We conduct cointegration analysis, pooled ordinary least squares (OLS), system generalized method of moments (GMM) and conditional quantile model for our empirical analysis. The empirical findings show that both biomass energy consumption and economic complexity are detrimental to the ecological footprint and carbon footprint. Additionally, we find that globalization positively affects the environment, while we find some evidence that bureaucratic quality improves environmental quality. Finally, in line with other research, we find that economic growth has detrimental effects on the environment. Our results suggest that policymakers should be more cautious in promoting biomass as a clean energy source and that the G7 economies should take advantage of their leading position in innovation to invest more in sustainable practices and investment.
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BFBNIB, FZAB, GIS, IJS, KILJ, NLZOH, NUK, OILJ, SBCE, SBMB, UL, UM, UPUK
The current study aims to explore the role of environmental taxes and regulations for the renewable energy consumption, focusing on reporting policy suggestions to overcome climate change issues and ...achieve environmental sustainability. The main objective of this paper is to examine the relation between renewable energy, environmental taxes, environmental technologies, and environmental regulations in 29 OECD countries during 1996-2018. More precisely, we inspect the impact of the environmental regulations and environmental technologies on the renewable energy consumption. The authors employ CIPS and CADF unit root tests, panel Westerlund co-integration test, FMOLS, and Quantile regression methods for the econometric analysis. The econometric analysis suggests that the environmental regulations impede the renewable energy consumption in OECD economies. The study suggests that environmental policy initiatives should focus on implementing environmental strategies to inspire cohesiveness between environmental regulations and the development of environmental technologies in order to promote the renewables industry in the developed countries.
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CEKLJ, NUK, ODKLJ, UL, UM, UPUK
Attaining sustainable development and cleaner production is a major challenge both for developed and developing economies; income, institutional regulations, institutional quality and international ...trade are the key determinants of environmental externalities. The current work attempts to study the role of environmental taxes and regulations on renewable energy generation for developed economies. For that, the authors have used the annual dataset for the period 1994 to 2018. More specifically, the study investigates the impacts of environmental taxes, environment-related technologies and the environmental policy stringency index on renewable electricity generation in 29 developed countries. Given the short available data of these countries, the authors have developed panel cointegration and panel regressions models (fully modified ordinary least square (FMOLS), quantile regressions). The heterogeneous panel empirics stated that environmental regulations and income level support renewable electricity generation. The conclusions further mention that bureaucratic qualities such as decision making and trade openness tend to reduce renewable energy generation. The empirical findings allowed us to draw new narrative and implications. Overall, the conclusions argue that innovative regulations and policies can be useful for attaining specific sustainable development goals (e.g., SDG-7: cleaner and cheap energy).
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IZUM, KILJ, NUK, PILJ, PNG, SAZU, UL, UM, UPUK
During the past decades, environmental related taxes, energy, and carbon taxes has been recommended by environmental scientists as a policy tool to mitigate pollutant emissions in developed and ...developing economies. Among developed nations, Denmark, Finland, Sweden, the Netherlands, and Norway were the first regions to adopt a tax on carbon dioxide (CO2) emissions and research into the impacts of carbon tax on carbon emissions bring significant implications. The prime objective and goal of this work is to explore the role of carbon tax reforms for environmental quality in European economies. This is probably the first study to conduct a comparative study in European context for carbon-tax implementation and non-implementation policies. To this end, the present study reports new conclusions and implications regarding the effectiveness of environmental regulations and policies for climate change and sustainability. In the present study, the authors exhaustively explore the impacts of the carbon-tax on the mitigation of CO2 emissions. Using the propensity score matching method, the results of the estimation of the different matching methods allow us to observe a positive and significant impact of the adoption of the carbon-tax on stimulating the reduction of carbon emissions.
The current decade has witnessed the rise of empirical research in the domain of ecological footprint which has become a major scholarly area among environmental researchers. However, many key ...factors determining ecological footprint have been inadequately dealt within the existing body of knowledge. The current research aims to explore the association between economic complexity, human capital, renewable energy generation, urbanization, economic growth, export quality, trade and ecological footprint for the top ten economic complex countries. This study applied panel data estimators, for instance, fully modified ordinary least squares (FMOLS), dynamic ordinary least squares (DOLS) and the system-GMM long-run estimators from 1980 to 2017. The long-run estimates reveal that economic complexity, economic growth, export quality, trade and urbanization increase ecological footprint. Human capital and renewable energy generation help to mitigate ecological footprint. We conclude that investment in more renewable energy generation and its consumption and efficient use of human capital will improve economic complexity, export quality, and environment in developed and developing countries.
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CEKLJ, EMUNI, FIS, FZAB, GEOZS, GIS, IJS, IMTLJ, KILJ, KISLJ, MFDPS, NLZOH, NUK, OILJ, PNG, SAZU, SBCE, SBJE, SBMB, SBNM, UKNU, UL, UM, UPUK, VKSCE, ZAGLJ
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