Renewable energy, trade diversification and environmental footprints: Evidence for Asia-Pacific Economic Cooperation (APEC)
Autor(a) principal: | |
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Data de Publicação: | 2022 |
Outros Autores: | , , , |
Tipo de documento: | Artigo |
Idioma: | eng |
Título da fonte: | Repositório Institucional da UNESP |
Texto Completo: | http://dx.doi.org/10.1016/j.renene.2021.12.134 http://hdl.handle.net/11449/223439 |
Resumo: | The prime objective of this research is to explore the impacts of import and export diversification and renewable energy on environmental footprints. In doing so, the authors employ the data of trade diversification, income inequality, renewable energy, and ecological footprints for 17 Asia-Pacific Economic Cooperation (APEC) countries covering the period of 1995–2019. In econometric framework, the authors use two baseline empirical models based on key indicators such as trade (exports and imports) diversification index, income inequality, renewable energy, and globalization. The empirical analysis from both specifications suggests a cointegrating relation between the key variables of interest. The Long-run empirical estimates from FMOLS, and DOLS methods indicate that income inequality and import diversification increase ecological issues while globalization and exports diversification abate it. Further analysis through Granger causality highlights unilateral causal relationships running from renewable energy consumption to imports diversification, and from ecological footprint to imports diversification. The conclusions of this study stress the importance of harmonic policies, synchronization in trade, energy and resource consumption in achieving sustainable development goals. |
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Renewable energy, trade diversification and environmental footprints: Evidence for Asia-Pacific Economic Cooperation (APEC)APEC countriesEnvironmental footprintsIncome qualityProduct diversificationRenewable energySustainable developmentThe prime objective of this research is to explore the impacts of import and export diversification and renewable energy on environmental footprints. In doing so, the authors employ the data of trade diversification, income inequality, renewable energy, and ecological footprints for 17 Asia-Pacific Economic Cooperation (APEC) countries covering the period of 1995–2019. In econometric framework, the authors use two baseline empirical models based on key indicators such as trade (exports and imports) diversification index, income inequality, renewable energy, and globalization. The empirical analysis from both specifications suggests a cointegrating relation between the key variables of interest. The Long-run empirical estimates from FMOLS, and DOLS methods indicate that income inequality and import diversification increase ecological issues while globalization and exports diversification abate it. Further analysis through Granger causality highlights unilateral causal relationships running from renewable energy consumption to imports diversification, and from ecological footprint to imports diversification. The conclusions of this study stress the importance of harmonic policies, synchronization in trade, energy and resource consumption in achieving sustainable development goals.School of Finance Anhui University of Finance and EconomicsFaculty of Management Department of Quantitative Methods Rzeszow University of TechnologyDepartment of Production Engineering São Paulo State University (UNESP)FSJEG Jendouba University of Jendouba Tunisia & QUARG UR17ES26 ESCT, Campus University of ManoubaDepartment of Production Engineering São Paulo State University (UNESP)Anhui University of Finance and EconomicsRzeszow University of TechnologyUniversidade Estadual Paulista (UNESP)ESCTJiang, ShaohuaMentel, GrzegorzShahzadi, Irum [UNESP]Ben Jebli, MehdiIqbal, Najaf2022-04-28T19:50:42Z2022-04-28T19:50:42Z2022-03-01info:eu-repo/semantics/publishedVersioninfo:eu-repo/semantics/article874-886http://dx.doi.org/10.1016/j.renene.2021.12.134Renewable Energy, v. 187, p. 874-886.1879-06820960-1481http://hdl.handle.net/11449/22343910.1016/j.renene.2021.12.1342-s2.0-85124325764Scopusreponame:Repositório Institucional da UNESPinstname:Universidade Estadual Paulista (UNESP)instacron:UNESPengRenewable Energyinfo:eu-repo/semantics/openAccess2022-04-28T19:50:42Zoai:repositorio.unesp.br:11449/223439Repositório InstitucionalPUBhttp://repositorio.unesp.br/oai/requestopendoar:29462024-08-05T14:20:11.458497Repositório Institucional da UNESP - Universidade Estadual Paulista (UNESP)false |
dc.title.none.fl_str_mv |
Renewable energy, trade diversification and environmental footprints: Evidence for Asia-Pacific Economic Cooperation (APEC) |
title |
Renewable energy, trade diversification and environmental footprints: Evidence for Asia-Pacific Economic Cooperation (APEC) |
spellingShingle |
Renewable energy, trade diversification and environmental footprints: Evidence for Asia-Pacific Economic Cooperation (APEC) Jiang, Shaohua APEC countries Environmental footprints Income quality Product diversification Renewable energy Sustainable development |
title_short |
Renewable energy, trade diversification and environmental footprints: Evidence for Asia-Pacific Economic Cooperation (APEC) |
title_full |
Renewable energy, trade diversification and environmental footprints: Evidence for Asia-Pacific Economic Cooperation (APEC) |
title_fullStr |
Renewable energy, trade diversification and environmental footprints: Evidence for Asia-Pacific Economic Cooperation (APEC) |
title_full_unstemmed |
Renewable energy, trade diversification and environmental footprints: Evidence for Asia-Pacific Economic Cooperation (APEC) |
title_sort |
Renewable energy, trade diversification and environmental footprints: Evidence for Asia-Pacific Economic Cooperation (APEC) |
author |
Jiang, Shaohua |
author_facet |
Jiang, Shaohua Mentel, Grzegorz Shahzadi, Irum [UNESP] Ben Jebli, Mehdi Iqbal, Najaf |
author_role |
author |
author2 |
Mentel, Grzegorz Shahzadi, Irum [UNESP] Ben Jebli, Mehdi Iqbal, Najaf |
author2_role |
author author author author |
dc.contributor.none.fl_str_mv |
Anhui University of Finance and Economics Rzeszow University of Technology Universidade Estadual Paulista (UNESP) ESCT |
dc.contributor.author.fl_str_mv |
Jiang, Shaohua Mentel, Grzegorz Shahzadi, Irum [UNESP] Ben Jebli, Mehdi Iqbal, Najaf |
dc.subject.por.fl_str_mv |
APEC countries Environmental footprints Income quality Product diversification Renewable energy Sustainable development |
topic |
APEC countries Environmental footprints Income quality Product diversification Renewable energy Sustainable development |
description |
The prime objective of this research is to explore the impacts of import and export diversification and renewable energy on environmental footprints. In doing so, the authors employ the data of trade diversification, income inequality, renewable energy, and ecological footprints for 17 Asia-Pacific Economic Cooperation (APEC) countries covering the period of 1995–2019. In econometric framework, the authors use two baseline empirical models based on key indicators such as trade (exports and imports) diversification index, income inequality, renewable energy, and globalization. The empirical analysis from both specifications suggests a cointegrating relation between the key variables of interest. The Long-run empirical estimates from FMOLS, and DOLS methods indicate that income inequality and import diversification increase ecological issues while globalization and exports diversification abate it. Further analysis through Granger causality highlights unilateral causal relationships running from renewable energy consumption to imports diversification, and from ecological footprint to imports diversification. The conclusions of this study stress the importance of harmonic policies, synchronization in trade, energy and resource consumption in achieving sustainable development goals. |
publishDate |
2022 |
dc.date.none.fl_str_mv |
2022-04-28T19:50:42Z 2022-04-28T19:50:42Z 2022-03-01 |
dc.type.status.fl_str_mv |
info:eu-repo/semantics/publishedVersion |
dc.type.driver.fl_str_mv |
info:eu-repo/semantics/article |
format |
article |
status_str |
publishedVersion |
dc.identifier.uri.fl_str_mv |
http://dx.doi.org/10.1016/j.renene.2021.12.134 Renewable Energy, v. 187, p. 874-886. 1879-0682 0960-1481 http://hdl.handle.net/11449/223439 10.1016/j.renene.2021.12.134 2-s2.0-85124325764 |
url |
http://dx.doi.org/10.1016/j.renene.2021.12.134 http://hdl.handle.net/11449/223439 |
identifier_str_mv |
Renewable Energy, v. 187, p. 874-886. 1879-0682 0960-1481 10.1016/j.renene.2021.12.134 2-s2.0-85124325764 |
dc.language.iso.fl_str_mv |
eng |
language |
eng |
dc.relation.none.fl_str_mv |
Renewable Energy |
dc.rights.driver.fl_str_mv |
info:eu-repo/semantics/openAccess |
eu_rights_str_mv |
openAccess |
dc.format.none.fl_str_mv |
874-886 |
dc.source.none.fl_str_mv |
Scopus reponame:Repositório Institucional da UNESP instname:Universidade Estadual Paulista (UNESP) instacron:UNESP |
instname_str |
Universidade Estadual Paulista (UNESP) |
instacron_str |
UNESP |
institution |
UNESP |
reponame_str |
Repositório Institucional da UNESP |
collection |
Repositório Institucional da UNESP |
repository.name.fl_str_mv |
Repositório Institucional da UNESP - Universidade Estadual Paulista (UNESP) |
repository.mail.fl_str_mv |
|
_version_ |
1808128348913664000 |