Environmental degradation is one of the most debatable topics at international forums and it is considered a prime concern for the entire world.Therefore,researchers and policymakers have turned their attention from c...Environmental degradation is one of the most debatable topics at international forums and it is considered a prime concern for the entire world.Therefore,researchers and policymakers have turned their attention from conventional economic growth to green growth.Although the existing literature has discussed several determinants of green growth,the impact of economic policy uncertainty(EPU),renewable energy consumption(RENE),and institutional quality(IQ)on green growth(GGDP)is relatively unexplored.Hence,this study is the earliest attempt to investigate the impact of EPU,IQ,and RENE on GGDP for emerging seven(E-7)countries from 1996 to 2019.In doing so,we apply panel quantile regression(PQR).The empirical findings delineate that EPU has a negative impact on GGDP,whereas IQ and RENE enhance the GGDP in E-7 countries.Based on the outcomes,this study suggests policy implications for achieving targets of the SDG 07,SDG 08,SDG 13,and SDG 16.The governments of these countries can achieve higher GGDP by ensuring political stability and reliable macroeconomic policies and through making such flexible policies that can easily control or address unpredictable future economic issues.展开更多
Natural resource management is indispensable keeping in view their positive economic impacts as well as their detrimental environmental consequences.To achieve certain SDGs,it is inevitable to manage natural resources...Natural resource management is indispensable keeping in view their positive economic impacts as well as their detrimental environmental consequences.To achieve certain SDGs,it is inevitable to manage natural resources through effective policies that help to inhibit adverse environmental impacts.Based on this approach,the current empirical analysis aims to probe whether environmental policy stringency intensifies,meagres,and/or halts the abysmal environmental impact of natural resources in G-7 countries(United Kingdom,United States,Canada,Italy,France,Japan,and Germany)for the period from 1990 to 2020.To that end,we rely on the second-generation panel data approaches and panel quantile regression.The outcomes reveal that natural resources increase carbon dioxide emission whereas the synergy of natural resources and environmental policy stringency plunges emissions across the quantiles.These findings suggest adoption of a strict environmental policy for attaining the targets of SGD-08(economic growth),SDG-09(innovations),SDG-11(sustainable cities),SDG-12(responsible consumption of natural resources),and SDG-13(climate action).展开更多
基金supported by Chengdu University of Technology “Double First-Class”initiative Construction Philosophy and Social Sciences Key Construction Project “Research on the Forming Mechanism of Laborers’Democratic Participation in Digital Platform under Algorithm Control”(Project No.:ZDJS202210)the Philosophy and Social Science Research Fund of Chengdu University of Technology“Research on the Guarantee Mechanism of Workers’Right to Speak in the New Business under the People’s Democracy in the Whole Process”(Project No.:YJ2022-YB022)the views expressed in this article are those of the authors and do not represent the foundations.
文摘Environmental degradation is one of the most debatable topics at international forums and it is considered a prime concern for the entire world.Therefore,researchers and policymakers have turned their attention from conventional economic growth to green growth.Although the existing literature has discussed several determinants of green growth,the impact of economic policy uncertainty(EPU),renewable energy consumption(RENE),and institutional quality(IQ)on green growth(GGDP)is relatively unexplored.Hence,this study is the earliest attempt to investigate the impact of EPU,IQ,and RENE on GGDP for emerging seven(E-7)countries from 1996 to 2019.In doing so,we apply panel quantile regression(PQR).The empirical findings delineate that EPU has a negative impact on GGDP,whereas IQ and RENE enhance the GGDP in E-7 countries.Based on the outcomes,this study suggests policy implications for achieving targets of the SDG 07,SDG 08,SDG 13,and SDG 16.The governments of these countries can achieve higher GGDP by ensuring political stability and reliable macroeconomic policies and through making such flexible policies that can easily control or address unpredictable future economic issues.
基金Guangdong University of Foreign Studies,Guangdong,China(Grant No.299-GK23G396)This research is funded by Thoungmai University,Hanoi,Vietnam.
文摘Natural resource management is indispensable keeping in view their positive economic impacts as well as their detrimental environmental consequences.To achieve certain SDGs,it is inevitable to manage natural resources through effective policies that help to inhibit adverse environmental impacts.Based on this approach,the current empirical analysis aims to probe whether environmental policy stringency intensifies,meagres,and/or halts the abysmal environmental impact of natural resources in G-7 countries(United Kingdom,United States,Canada,Italy,France,Japan,and Germany)for the period from 1990 to 2020.To that end,we rely on the second-generation panel data approaches and panel quantile regression.The outcomes reveal that natural resources increase carbon dioxide emission whereas the synergy of natural resources and environmental policy stringency plunges emissions across the quantiles.These findings suggest adoption of a strict environmental policy for attaining the targets of SGD-08(economic growth),SDG-09(innovations),SDG-11(sustainable cities),SDG-12(responsible consumption of natural resources),and SDG-13(climate action).
