Maximizing Productivity: Government s Role in Australia – ictsd org
ictsd.org - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from ictsd.org Daily Mail and Mail on Sunday newspapers.
Ecological Transitions and Energy Transitions
goodmenproject.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from goodmenproject.com Daily Mail and Mail on Sunday newspapers.
This study investigates the impact of renewable energy transition, abundance of natural resources, financial globalization, and economic growth on the ecological footprint (EF) in G-11 countries under the Environmental Kuznets Curve (EKC) framework. In addition, this study further analyzes the moderating role of financial globalization in the nexus between renewable energy transition and EF. To do this, the study used the cross-sectional autoregressive distributed lags (CS-ARDL) for the short-run and long-run estimations, which allow heterogeneity in the slope parameters and dependency across countries. The results indicate that renewable transition and financial globalization are significantly and negatively related to ecological footprint, while natural resource rent positively impacts EF. Moreover, the findings further reveal that financial globalization impedes EF through the channel of renewable energy transition, and the robustness test also validates these findings. Our results