Economic Change and Restructuring最新文献_第6页

The role of green technology and green utility performance in advancing energy utilities' commitment to sustainability 绿色技术和绿色公用事业绩效在推动能源公用事业致力于可持续发展方面的作用

IF 3.1 3区经济学

Economic Change and Restructuring Pub Date : 2024-02-27 DOI: 10.1007/s10644-024-09635-8

Dan Sun

引用次数: 0

How can sectoral green economic growth alter energy transformation? 部门绿色经济增长如何改变能源转型？

IF 3.1 3区经济学

Economic Change and Restructuring Pub Date : 2024-02-27 DOI: 10.1007/s10644-024-09627-8

{"title":"How can sectoral green economic growth alter energy transformation?","authors":"","doi":"10.1007/s10644-024-09627-8","DOIUrl":"https://doi.org/10.1007/s10644-024-09627-8","url":null,"abstract":"<h3>Abstract</h3> <p>This study explores the relationship between sustainable economic growth in ASEAN's industrial and agricultural sectors and energy transformation (2005–2021). Using the Cross-Sectionally Autoregressive Distributed Lag (CS-ARDL) approach, it uncovers the positive impact of green economic growth on reducing fossil fuel consumption. Discrepancies are influenced by sector size, technological accessibility, and strategy complexity. Information and Communication Technology (ICT) development shows dual effects on consumption: an initial increase in the short term and a subsequent decrease in the long term. Conversely, the influence of the Consumer Price Index (CPI) and patent applications is constrained by the absence of green patent mechanisms and economic intricacies. The poverty ratio acts as a diminishing factor, reflecting its impact on demand–supply dynamics. Recommendations for ASEAN's energy transformation include digital sector evolution, green tech investments, regional green education, robust green finance, uniform emission taxation, and enhanced regional cooperation, collectively guiding the region toward sustainable energy and economic progress.</p>","PeriodicalId":46127,"journal":{"name":"Economic Change and Restructuring","volume":"10 1","pages":""},"PeriodicalIF":3.1,"publicationDate":"2024-02-27","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"139980302","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 0

Promoting sustainable growth through eco-innovation, energy transition, and human capital: a comparative analysis of G-7 economies 通过生态创新、能源转型和人力资本促进可持续增长：对七国集团经济体的比较分析

IF 3.1 3区经济学

Economic Change and Restructuring Pub Date : 2024-02-27 DOI: 10.1007/s10644-024-09612-1

Yaoyi Zhang

{"title":"Promoting sustainable growth through eco-innovation, energy transition, and human capital: a comparative analysis of G-7 economies","authors":"Yaoyi Zhang","doi":"10.1007/s10644-024-09612-1","DOIUrl":"https://doi.org/10.1007/s10644-024-09612-1","url":null,"abstract":"<p>The objective of this research endeavor is to examine the intricate relationship among human capital (HC), energy transition (ET), sustainable growth (SG), and eco-innovation (Eco IN) within the G-7 economies over the period of 2008 to 2022. The research findings indicate that eco-innovation is a crucial factor in advancing sustainable practices and tackling environmental issues; the market is influenced by consumer demand and public–private collaboration. Implementation is, nevertheless, impeded by significant upfront costs and intricate regulatory frameworks. ET is an additional critical element in the employment creation and economic growth of renewable energy companies. Nonetheless, substantial investments in renewable technology and infrastructure are required to ensure a smooth transition. Sustainability of HC ultimately necessitates investments in research, education, and talent development. According to the data, effective policy, financial incentives, favorable legislation, and stakeholder participation reduce obstacles and promote SG. The results demonstrate how economies of the G-7 can utilize eco-innovation, ET, and HC to create a future that is both sustainable and inclusive.</p>","PeriodicalId":46127,"journal":{"name":"Economic Change and Restructuring","volume":"282 1","pages":""},"PeriodicalIF":3.1,"publicationDate":"2024-02-27","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"139980438","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 0

Does the Yangtze River Protection Strategy help heavily polluting corporates deleverage? Evidence from corporates in the Yangtze River Economic Belt 长江大保护战略是否有助于重污染企业去杠杆化？来自长江经济带企业的证据

IF 3.1 3区经济学

Economic Change and Restructuring Pub Date : 2024-02-27 DOI: 10.1007/s10644-024-09640-x

Min Liu, Yamei Li, Jiangfeng Hu

{"title":"Does the Yangtze River Protection Strategy help heavily polluting corporates deleverage? Evidence from corporates in the Yangtze River Economic Belt","authors":"Min Liu, Yamei Li, Jiangfeng Hu","doi":"10.1007/s10644-024-09640-x","DOIUrl":"https://doi.org/10.1007/s10644-024-09640-x","url":null,"abstract":"<p>This paper investigates the effect of the Yangtze river protection strategy (YRPS) on the leverage of heavily polluting corporates in the Yangtze river economic belt (YREB) through a quasi-natural experiment. The findings are as follows: Firstly, the YRPS helps to deleverage heavily polluting corporates, and this deleveraging effect will increase over time. Secondly, when the corporates belong to the middle and lower reaches of the YREB and the financial supervision degree of the areas are higher, the YRPS will have a stronger inhibitory impression on the leverage of heavily polluting corporates. Thirdly, when the corporates are state-owned, technology-intensive, and capital-intensive, the YRPS will have a better deleveraging effect on heavily polluting corporates. Fourthly, the YRPS mainly works on the leverage of heavily polluting corporates by reducing the financing capacity of corporates, reducing the capital investment of corporates, and weakening the operating risks of corporates. The findings of this paper supply important policy insights for advancing the implementation of YRPS, pushing the green transformation and upgrading of heavily polluting corporates, and promoting the high-quality economic development of the YREB.</p>","PeriodicalId":46127,"journal":{"name":"Economic Change and Restructuring","volume":"76 1","pages":""},"PeriodicalIF":3.1,"publicationDate":"2024-02-27","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"139980305","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 0

Natural resource rent and inclusive finance: an institutional perspective 自然资源租金与普惠金融：制度视角

IF 3.1 3区经济学

Economic Change and Restructuring Pub Date : 2024-02-22 DOI: 10.1007/s10644-024-09593-1

Xixi Li, Jiajun Yang, Ning Zeng

{"title":"Natural resource rent and inclusive finance: an institutional perspective","authors":"Xixi Li, Jiajun Yang, Ning Zeng","doi":"10.1007/s10644-024-09593-1","DOIUrl":"https://doi.org/10.1007/s10644-024-09593-1","url":null,"abstract":"<p>Promoting inclusive finance is crucial for governments worldwide to drive inclusive economic growth and development. This study investigates the relationship between natural resource rent and inclusive finance, considering the role of institutional quality. Using a comprehensive dataset spanning 109 countries from 1996 to 2020, our research unveils novel insights in the field of inclusive finance. The findings from our fixed-effect regression and two-stage least squares regression analysis reveal that natural resource rent has a significant negative impact on inclusive finance, supporting the resource curse theory. Moreover, we observe that the effect of natural resource rent on inclusive finance is contingent upon the level of institutional quality. Specifically, in the presence of robust institutions, there is a positive association between natural resource rent and inclusive finance. However, in weaker institutional context, the relationship becomes negative. These findings withstand a series of robustness tests, underscoring their reliability. These findings also have significant policy implications for stakeholders and policymakers involved in promoting inclusive finance in resource-rich economies.</p>","PeriodicalId":46127,"journal":{"name":"Economic Change and Restructuring","volume":"100 49 1","pages":""},"PeriodicalIF":3.1,"publicationDate":"2024-02-22","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"139953779","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 0

Energy transition in sport and public facilities: pioneering sustainable economic pathways 体育和公共设施的能源转型：开辟可持续经济之路

IF 3.1 3区经济学

Economic Change and Restructuring Pub Date : 2024-02-22 DOI: 10.1007/s10644-024-09616-x

Xiangyu Du, Wuyang Xie, Weimin Guan

{"title":"Energy transition in sport and public facilities: pioneering sustainable economic pathways","authors":"Xiangyu Du, Wuyang Xie, Weimin Guan","doi":"10.1007/s10644-024-09616-x","DOIUrl":"https://doi.org/10.1007/s10644-024-09616-x","url":null,"abstract":"<p>This study explores the factors influencing the adoption of green energy utilities in sports and public facilities across the G7 nations spanning from 2000 to 2021. The Augmented Mean Group (AMG) estimation method employed indicates that Foreign Direct Investment (FDI) has not exerted a significant impact on the green sports sector. Moreover, a 1% increase in Green Power Consumption (GPC) correlates with a nearly 0.29% rise in the growth of green energy sport utilities trade. Conversely, higher Tax Revenues (TAXR) hinder green energy sport utilities trade by almost 0.42%, attributable to increased financial burdens and the potential lack of incentives. The research emphasizes the positive role of Good Governance (GOV) in fostering sustainability and attracting investments, thereby propelling the expansion of eco-friendly sports facilities. Causal analysis underscores bidirectional relationships among the variables under examination. To promote the deployment of green energy in sports and public facilities, recommended policy measures include encouraging green FDI, implementing environmentally friendly taxation, advocating for sustainability in corporate management, and leveraging trade agreements to advance the trade of green energy utilities.</p>","PeriodicalId":46127,"journal":{"name":"Economic Change and Restructuring","volume":"3 1","pages":""},"PeriodicalIF":3.1,"publicationDate":"2024-02-22","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"139953778","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 0

The role of solar energy in achieving net-zero emission and green growth: a global analysis 太阳能在实现净零排放和绿色增长中的作用：全球分析

IF 3.1 3区经济学

Economic Change and Restructuring Pub Date : 2024-02-22 DOI: 10.1007/s10644-024-09641-w

Jingbing Sun, Youmu Xie, Sheng Zhou, Jiali Dan

引用次数: 0

Greening the bottom line: navigating legal and financial dimensions of energy digital transition in the modern economy 绿化底线：现代经济中能源数字化转型的法律和财务导航

IF 3.1 3区经济学

Economic Change and Restructuring Pub Date : 2024-02-19 DOI: 10.1007/s10644-024-09619-8

Xiangyi Xu, Qianrong Wang

引用次数: 0

How is energy transition shaping a path to common prosperity and sustainable economic growth? 能源转型如何塑造共同繁荣和可持续经济增长之路？

IF 3.1 3区经济学

Economic Change and Restructuring Pub Date : 2024-02-17 DOI: 10.1007/s10644-024-09624-x

{"title":"How is energy transition shaping a path to common prosperity and sustainable economic growth?","authors":"","doi":"10.1007/s10644-024-09624-x","DOIUrl":"https://doi.org/10.1007/s10644-024-09624-x","url":null,"abstract":"<h3>Abstract</h3> <p>This study assesses the impact of the transition to renewable energy and improved societal well-being on environmentally sustainable economies, concentrating on 20 major CO<sub>2</sub>-emitting countries from 2000 to 2020. Employing the pooled mean group (PMG) method, the findings indicate that a 1% increase in fossil fuel consumption results in a significant short-term decline of approximately 0.22% and a more substantial long-term decrease of 0.43% in green growth. This decline is attributed to the exacerbation of environmental degradation through notable carbon emissions. Interestingly, a 1% increase in the Human Development Index (HDI) is associated with heightened green growth, indicating an increased awareness of environmental issues. Conversely, a 1% reduction in population has a negative impact on green growth, underscoring the importance of balancing population dynamics with sustainable development. Furthermore, diminished internet penetration, rural electrification, and poverty exert adverse effects on the green growth index. The implementation of practical policies for major CO<sub>2</sub> emitters is crucial, encompassing initiatives such as digitalizing the green finance market, promoting ICT diffusion, advancing regional green power generation, adopting eco-friendly practices in petroleum industries, and liberalizing green utilities trade. These measures are essential for fostering green growth, enhancing social prosperity, and mitigating environmental degradation.</p>","PeriodicalId":46127,"journal":{"name":"Economic Change and Restructuring","volume":"69 1","pages":""},"PeriodicalIF":3.1,"publicationDate":"2024-02-17","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"139903238","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 0

Public debt dynamics and fiscal sustainability in selected North African countries: new evidence from recurrent explosive behavior tests and quantile unit root analysis 选定北非国家的公共债务动态和财政可持续性：来自经常性爆炸行为测试和量子单位根分析的新证据

IF 3.1 3区经济学

Economic Change and Restructuring Pub Date : 2024-02-16 DOI: 10.1007/s10644-024-09625-w

Sidi Mohammed Chekouri, Abderrahim Chibi, Mohamed Benbouziane

{"title":"Public debt dynamics and fiscal sustainability in selected North African countries: new evidence from recurrent explosive behavior tests and quantile unit root analysis","authors":"Sidi Mohammed Chekouri, Abderrahim Chibi, Mohamed Benbouziane","doi":"10.1007/s10644-024-09625-w","DOIUrl":"https://doi.org/10.1007/s10644-024-09625-w","url":null,"abstract":"<p>In the aftermath of the COVID-19 pandemic crisis, government debt has surged to unprecedented levels in most countries, including those of North Africa. In this study, we investigate the issue of public debt sustainability in four North African countries (Algeria, Libya, Morocco, and Tunisia). The Generalized Supremum Augmented Dickey–Fuller (GSADF) results show that Algeria, Libya, Morocco, and Tunisia have experienced periods of explosive public debt during the studied period. The identified episodes of explosive debt behavior can be seen as periods of unsustainable fiscal policy. Moreover, the Quantile Auto-Regressive (QAR) unit root results point to strong debt sustainability at the lower quantiles for the selected countries, while at the middle and upper quantiles, public debt exhibits an unsustainable dynamic. This finding, therefore, points to weak sustainability of debt and fiscal policies in Algeria, Morocco, Libya, and Tunisia. This paper provides further evidence that fiscal policies have become more unsustainable than sustainable in recent years in these countries. Consequently, fiscal policymakers in MENA countries should not overlook the unsustainability of public debt and its various effects when developing any strategy aimed at stimulating the economy through ever larger debt levels.</p>","PeriodicalId":46127,"journal":{"name":"Economic Change and Restructuring","volume":"93 1","pages":""},"PeriodicalIF":3.1,"publicationDate":"2024-02-16","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"139757713","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 0