ArticleEnvironmental science and pollution research international2020
Role of renewable energy and globalization on ecological footprint in the USA: implications for environmental sustainability.
Article in Environmental science and pollution research international, 2020. The graph could read no effect estimate from its abstract, so it casts no vote on the map. Cited by 32 papers.
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Who cites it
32 citing papers in PubMed.
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- Asymmetric effects of foreign direct investment and globalization on ecological footprint in Indonesia.PloS one · 2024Article
- Article
- Comprehensive Environmental Assessment Index of Ecological Footprint.Environmental management · 2023Article
- Asymmetric effect of structural change and renewable energy consumption on carbon emissions: designing an SDG framework for Turkey.Environment, development and sustainability · 2023Article
- Modelling the economic and social issues related to environmental quality in Nigeria: the role of economic growth and internal conflict.Environmental science and pollution research international · 2022Article
- The asymmetric effect of technology shocks on CO2 emissions: a panel analysis of BRICS economies.Environmental science and pollution research international · 2022Article
- Impact of innovation in renewable energy generation, transmission, or distribution-related technologies on carbon dioxide emission in the USA.Environmental science and pollution research international · 2022Article
- The role of technological innovation and diffusion, energy consumption and financial development in affecting ecological footprint in BRICS: an empirical analysis.Environmental science and pollution research international · 2022Article
- The role of economic complexity in the environmental Kuznets curve of MINT economies: evidence from method of moments quantile regression.Environmental science and pollution research international · 2022Article
- A new perspective into the impact of renewable and nonrenewable energy consumption on environmental degradation in Argentina: a time-frequency analysis.Environmental science and pollution research international · 2022Article
- The ecological footprint facing asymmetric natural resources challenges: evidence from the USA.Environmental science and pollution research international · 2022Article
- Ecological footprint, public-private partnership investment in energy, and financial development in Brazil: a gradual shift causality approach.Environmental science and pollution research international · 2022Article
- Article
- Economic complexity, tourism, energy prices, and environmental degradation in the top economic complexity countries: fresh panel evidence.Environmental science and pollution research international · 2021Article
- The influence of stock market and financial institution development on carbon emissions with the importance of renewable energy consumption and foreign direct investment in G20 countries.Environmental science and pollution research international · 2021Article
- New insight into examining the role of financial development in economic growth effect on a composite environmental quality index.Environmental science and pollution research international · 2021Article
- Conflicts and ecological footprint in MENA countries: implications for sustainable terrestrial ecosystem.Environmental science and pollution research international · 2021Article
- Assessment of the role of trade and renewable energy consumption on consumption-based carbon emissions: evidence from the MINT economies.Environmental science and pollution research international · 2021Article
Corrections and comments
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Authors and funding
3 authors.
Funding
No grant is acknowledged in the PubMed record.
Abstract
The role of renewable energy and globalization on ecological footprint is investigated in the USA by controlling for the effects of financial development and real output using quarterly data from 1985:Q1 to 2014:Q4. We apply the minimum Lagrange multiplier unit root test, multiple structural break cointegration test, and autoregressive distributed lag (ARDL) estimation approach. The empirical evidence suggests that, in the long run, renewable energy and real output exert negative pressure on ecological footprint while financial development and globalization exert positive pressure on ecological footprint. The short-run results indicate that renewable energy, financial development, real output, and globalization are positively linked to ecological footprint. The vector error correction model Granger causality results, in the long run, divulge that ecological footprint, consumption of renewable energy, real output, and globalization Granger-cause financial development while ecological footprint, renewable energy, financial development, and globalization Granger-cause real output. The results also show that, in the short run, renewable energy and globalization cause ecological footprint and real output causes renewable energy, while renewable energy causes globalization. The finding also reveals that the causality between real output and globalization, as well as globalization and financial development, is bidirectional. Therefore, our findings provide insights for policymakers to consider consumption of renewable energy as a surest way to mitigate carbon dioxide emissions.
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