Search Results (1,446)

Our contemporary society is powered by fossil fuels, which results in environmental catastrophes. The combustion of these materials results in the release of CO₂, which accelerates the progression of climate change and its catastrophic consequences. The environmental repercussions of fossil fuel extraction have been highlighted through research into alternative energy sources. This inquiry uses the Tapio-Z decoupling approach to assess energy inputs and emissions. Furthermore, the fuzzy logic model is used to inspect the economic growth of the USA and China, as well as the impact of environmental factors, energy sources, and utilization, through decoupling effects from 1994 to 2023. The findings are substantiated by the individual perspectives of the environmental factors regarding decoupling, which ultimately lead to the acquisition of valuable results. We anticipate a substantial reduction in the total volume of CO₂ emissions in both the USA and China. Compared to China, the USA shows a significant increase in CO₂ emissions due to its reliance on fossil fuels. It is evident that a comprehensive transition to renewable resources and a broad range of technology is required to mitigate CO₂ emissions in high-energy zones. In their pursuit of sustainability, these two nations are making remarkable strides. The percentage change in CO₂ emissions indicates that effective changes in economic growth, energy input, and energy utilization, particularly sustainable energy, transmute energy output, as does the sustained implementation of robust environmental protection policies. The percentage change in CO₂ emissions indicates a remarkable transformation in energy input, energy consumption, and economic growth. This transition has been most visible in the areas of energy transformation, sustainability, and the maintenance of strong environmental protection measures. Full article

Understanding how energy use and economic activity shape carbon emissions is pivotal for achieving global climate targets. This study quantifies the dynamic nexus between disaggregated energy consumption, economic growth, and CO₂ emissions in India and China—two economies that together account for more than one-third of global emissions. Using annual data from 1990 to 2021, we implement Long Short-Term Memory (LSTM) neural networks, which outperform traditional linear models in capturing nonlinearities and lagged effects. The dataset is split into training (1990–2013) and testing (2014–2021) intervals to ensure rigorous out-of-sample validation. Results reveal stark national differences. For India, coal, natural gas consumption, and economic growth are the strongest positive drivers of emissions, whereas renewable energy exerts a significant mitigating effect, and nuclear energy is negligible. In China, emissions are dominated by coal and petroleum use and by economic growth, while renewable and nuclear sources show weak, inconsistent impacts. We recommend retrofitting India’s coal- and gas-plants with carbon capture and storage, doubling clean-tech subsidies, and tripling annual solar-plus-storage auctions to displace fossil baseload. For China, priorities include ultra-supercritical upgrades with carbon capture, utilisation, and storage, green-bond-financed solar–wind buildouts, grid-scale storage deployments, and hydrogen-electric freight corridors. These data-driven pathways simultaneously cut flagship emitters, decouple GDP from carbon, provide replicable models for global net-zero research, and advance climate-resilient economic growth worldwide. Full article

For a long time, the explanation of the various determinants of oil price fluctuations and their impact on economic activity has been based on the supply and demand mechanism. However, with various volatile changes in the international situation in recent years, such as threats to public health and an increase in regional conflicts, special attention has been paid to the geopolitical context as an additional driver of oil price fluctuations. This study examines the relationship between oil price changes and GDP growth and other macroeconomic variables from the perspective of the vulnerability of oil-importing and oil-exporting countries to unexpected oil price shocks, driven by tense geopolitical events, in three European countries (Norway, Germany, and Poland). We apply the Structural Vector Autoregressive (SVAR) model and orthogonalized impulse response functions, based on quarterly data, in regard to two samples: the first spans 1995Q1–2019Q4 (pre-2020 sample), with relatively gradual changes in oil prices, and the second spans 1995Q1–2024Q2 (whole sample), with sudden fluctuations in oil prices due to geopolitical developments. A key finding of this research is that vulnerability to unpredictable oil price shocks related to geopolitical tensions is higher than in regard to expected gradual changes in oil prices, both in oil-importing and oil-exporting countries. Different causality patterns and stronger responses in regard to GDP growth during the period, including in regard to tense geopolitical events in comparison to the pre-2020 sample, lead to the belief that economies are not more resilient to oil price shocks as has been suggested by some studies, which referred to periods that were not driven by geopolitical events. Our research also suggests that countries implementing policies to reduce oil dependency and promote investment in alternative energy sources are better equipped to mitigate the adverse effects of oil price shocks. Full article

This study employs k-means clustering to group 30 Chinese provinces into four CO₂ emission patterns, characterized by increasing emission levels and distinct energy consumption structures, and captures their dynamic evolution from 2000 to 2021 using a discrete endogenous Markov chain approach. While Shanghai, Jiangxi, and Hebei retained their original classifications, provinces such as Beijing, Fujian, Tianjin, and Anhui transitioned from higher to lower emission patterns, indicating notable reversals in emission trajectories. To identify the determinants of these transitions, GDP growth rate, population growth rate, and energy investment are incorporated as time varying covariates. The empirical findings demonstrate that GDP growth substantially increases interpattern mobility, thereby weakening state persistence, whereas population growth and energy investment tend to reinforce emission pattern stability. These results imply that policy responses must be tailored to regional dynamics. In rapidly growing regions, fiscal incentives and technological upgrading may facilitate downward transitions in emission states, whereas in provinces where emissions remain persistent due to demographic or investment related rigidity, structural adjustments and long term mitigation frameworks are essential. The study underscores the importance of integrating economic, demographic, and investment characteristics into carbon reduction strategies through a region specific and data informed approach. Full article

The transition to green energy in the transport sector is becoming a priority in the context of global climate challenges and the European Green Deal. This paper investigates the development of alternative fuelling stations, particularly electric vehicle (EV) charging infrastructure and hydrogen stations, across EU countries with a focus on Poland. It combines a policy and technology overview with a quantitative scientific analysis, offering a multidimensional perspective on green infrastructure deployment. A Pearson correlation analysis reveals significant links between charging station density and both GDP per capita and the share of renewable energy. The study introduces an original Infrastructure Accessibility Index (IAI) to compare infrastructure availability across EU member states and models Poland’s EV charging station demand up to 2030 under multiple growth scenarios. Furthermore, the article provides a comprehensive overview of biofuels, including first-, second-, and third-generation technologies, and highlights recent advances in hydrogen and renewable electricity integration. Emphasis is placed on life cycle considerations, energy source sustainability, and economic implications. The findings support policy development toward zero-emission mobility and the decarbonisation of transport systems, offering recommendations for infrastructure expansion and energy diversification strategies. Full article

Morocco is facing a situation of alarming water stress, aggravated by climate change, overexploitation of resources, and unequal distribution of water, placing the country among the most vulnerable to water scarcity in the MENA region. This study aims to investigate the dynamic relationship between economic growth and water stress in Morocco while highlighting the importance of integrated water management and adaptive economic policies to enhance resilience to water scarcity. A mixed methodology, integrating both qualitative and quantitative methods, was adopted to overview the economic–environmental Moroccan context, and to empirically analyze the GDP (gross domestic product) and water stress in Morocco over the period 1975–2021 using an Autoregressive Distributed Lag (ARDL) approach. The empirical analysis is based on annual data sourced from the World Bank and FAO databases for GDP, agricultural value added, renewable internal freshwater resources, and water productivity. The results suggest that water productivity has a significant positive effect on economic growth, while the impacts of agricultural value added and renewable water resources are less significant and vary depending on the model specification. Diagnostic tests confirm the reliability of the ARDL model; however, the presence of outliers in certain years reflects the influence of exogenous shocks, such as severe droughts or policy changes, on the Moroccan economy. The key contribution of this study lies in the fact that it is the first to analyze the intrinsic link between economic growth and the environmental aspect of water in Morocco. According to our findings, it is imperative to continuously improve water productivity and adopt adaptive management, rooted in science and innovation, in order to ensure water security and support the sustainable economic development of Morocco. Full article

This article introduces the Index of Distributive and Developmental Outlook (IDDO), a composite indicator designed to jointly assess economic performance and income inequality across EU-27 Member States. While GDP per capita is widely used to evaluate national prosperity, and the Gini coefficient captures income distribution, their separate use often obscures the interaction between growth and equity—an essential dimension of sustainable development. To address this gap, the IDDO integrates normalized values of both indicators using arithmetic and geometric means. The study applies the IDDO to a longitudinal dataset covering the years 2005, 2014, and 2024, allowing for comparative and temporal analysis. Based on IDDO scores, countries are classified into four development types: balanced development, growth with inequality, equity with stagnation, and dual vulnerability. Results show that while some Member States, such as Luxembourg, Czechia, and Slovenia, maintain consistently high IDDO levels, others—including Bulgaria, Romania, and Latvia—exhibit persistent challenges in aligning growth with equitable outcomes. The findings underscore the need for cohesion policies that prioritize not only economic convergence but also distributive fairness. The IDDO provides a practical and adaptable tool for diagnosing development patterns, benchmarking performance, and informing policy design within the EU framework. Full article

The measurement of national well-being has become central to both academic and policy debates, particularly within the framework of sustainable development. In this context, this study investigates the relationship between macroeconomic conditions and subjective well-being in Portugal. Using annual data from 2004 to 2022, we explore the effects of GDP per capita, unemployment, and inflation on the Global Well-Being Index (GWBI). Employing ordinary least squares (OLS) regression, the results indicate a significant positive relationship between GDP per capita and subjective well-being, while inflation is negatively associated. Contrary to expectations, the unemployment rate showed a positive and significant association with the GWBI. This counterintuitive result may reflect institutional buffering effects, such as social safety nets, strong family structures, or lagged responses in perceptions of well-being. Similar patterns were observed in other southern European countries with strong informal social support systems. These findings contribute to a deeper understanding of how economic indicators relate to perceived well-being, particularly in the context of a southern European country. The study offers relevant insights for public policy, including the alignment of macroeconomic management with the Sustainable Development Goals (SDGs), especially SDG 3 (Good Health and Well-being) and SDG 8 (Decent Work and Economic Growth). Full article

This study aims to map the scientific knowledge of bank profitability and its determinants. It identifies trends and gaps in existing research through a bibliometric analysis. To this end, 634 documents published in the Web of Science database over the last 54 years were analyzed using the bibliometric package. The results indicate an increase in the volume of publications following the 2008 financial crisis, focusing on analyzing the factors influencing bank profitability and economic growth. The Journal of Banking and Finance is the preeminent publication in this field. The literature reviewed shows that bank profitability depends on internal factors (size, credit risk, liquidity, efficiency, and management) and external factors (such as GDP, inflation, interest rates, and unemployment). In addition to the traditional determinants, the recent literature highlights the importance of innovation and technological factors such as digitalization, mobile banking, and electronic payments as relevant to bank profitability. ESG (environmental, social, and governance) and governance indicators, which are still emerging but have been extensively researched in companies, indicate a need for evidence in this area. This paper also provides relevant insights for the formulation of monetary policy and the strategic formulation of banks, helping managers and owners to improve bank performance. It also provides directions for future empirical studies and research collaborations in this field. Full article

Land cover, topography, precipitation, and socio-economic factors exert both direct and indirect influences on urban land surface temperatures. Within the broader context of global climate change, these influences are magnified by the escalating intensity of the urban heat island effect. However, the interplay and underlying mechanisms of natural and socio-economic determinants of land surface temperatures remain inadequately explored, particularly in the context of cold-region cities located in the northern temperate zone of China. This study focuses on Changchun City, employing multispectral remote sensing imagery to derive and spatially map the distribution of land surface temperatures and topographic attributes. Through comprehensive analysis, the research identifies the principal drivers of temperature variations and delineates their seasonal dynamics. The findings indicate that population density, night-time light intensity, land use, GDP (Gross Domestic Product), relief, and elevation exhibit positive correlations with land surface temperature, whereas slope demonstrates a negative correlation. Among natural factors, the correlations of slope, relief, and elevation with land surface temperature are comparatively weak, with determination coefficients (R²) consistently below 0.15. In contrast, socio-economic factors exert a more pronounced influence, ranked as follows: population density (R² = 0.4316) > GDP (R² = 0.2493) > night-time light intensity (R² = 0.1626). The overall hierarchy of the impact of individual factors on the temperature model, from strongest to weakest, is as follows: population, night-time light intensity, land use, GDP, slope, relief, and elevation. In examining Changchun and analogous cold-region cities within the northern temperate zone, the research underscores that socio-economic factors substantially outweigh natural determinants in shaping urban land surface temperatures. Notably, human activities catalyzed by population growth emerge as the most influential factor, profoundly reshaping the urban thermal landscape. These activities not only directly escalate anthropogenic heat emissions, but also alter land cover compositions, thereby undermining natural cooling mechanisms and exacerbating the urban heat island phenomenon. Full article

Economically, all countries seek sustained growth driven by domestic demand, investment, and exports; however, COVID-19 revealed the vulnerability of interconnected economic systems and a sharp contraction in global trade. The objective of this research is to analyze through an econometric model the effect of traditional exports on Peru’s economic growth during the 2012–2023 period. The study employed a quantitative approach with a non-experimental, longitudinal design, using quarterly data from the Central Reserve Bank of Peru and the National Bureau of Statistics of China, which were transformed into natural logarithms. Unit root tests, the ordinary least squares (OLS) method and a two-stage least squares (2SLS) model were applied to correct for endogeneity. The results show that mining accounts for 81.7% of total traditional exports from Peru. The model indicated that a 1% increase in traditional exports leads to a 0.29% increase in GDP, confirming a positive impact. However, the high dependence of the mining sector exposes the economy to external risks. Therefore, a productive diversification strategy, alongside the modernization of the mining sector, is recommended to strengthen Peru’s economic resilience in the face of global crises and external fluctuations. Full article

This study aims to evaluate the sustainability performance of EU regions through a comprehensive and data-driven Environmental, Social, Governance (ESG) framework, addressing the increasing demand for regional-level analysis in sustainable finance and policy design. Leveraging Partial Least Squares (PLS) regression and cluster analysis, we construct composite ESG indicators that adjust for economic size using GDP normalization and LOESS smoothing. Drawing on panel data from 2010 to 2023 and over 170 indicators, we model the determinants of ESG performance at both the national and regional levels across the EU-27. Time-based ESG trajectories are assessed using Compound Annual Growth Rates (CAGR), capturing resilience to shocks such as the COVID-19 pandemic and geopolitical instability. Our findings reveal clear spatial disparities in ESG performance, highlighting the structural gaps in governance, environmental quality, and social cohesion. The model captures patterns of convergence and divergence across EU regions and identifies common drivers influencing sustainability outcomes. This paper introduces an integrated framework that combines PLS regression, clustering, and time-based trend analysis to assess ESG performance at the subnational level. The originality of this study lies in its multi-layered approach, offering a replicable and scalable model for evaluating sustainability with direct implications for green finance, policy prioritization, and regional development. This study contributes to the literature by applying advanced data-driven techniques to assess ESG dynamics in complex economic systems. Full article

Our research explores the dynamic relationship between CO₂ emissions and four major influencing factors: foreign direct investment (FDI), economic growth (GDP), renewable energy consumption (REN) and population (POP) in the Association of Southeast Asian Nations (ASEAN) and three large Asian countries—China, India and Pakistan, collectively referred to as LACs (larger Asian countries), from 1990 to 2022. The study has three main objectives: (1) to assess the short-run and long-run effects of GDP, FDI, REN and POP on CO₂ emissions; (2) to compare the adjustment speeds and environmental policy responsiveness between ASEAN and LAC regions; and (3) to evaluate the role of renewable energy in mitigating environmental degradation. Against the backdrop of increasing environmental challenges and divergent development paths in Asia, this research contributes to the literature by applying a dynamic heterogeneous panel autoregressive distributed lag (panel ARDL) model. Unlike traditional static panel models, the panel ARDL model captures both long-run equilibrium relationships and short-run adjustments, allowing for country-specific dynamics. The results reveal a significant long-run cointegration among the variables. The error correction term (ECT) indicates a faster adjustment to equilibrium in LACs (−1.18) than ASEAN (−0.37), suggesting LACs respond more swiftly to long-run disequilibria in emissions-related dynamics. This may reflect more responsive policy mechanisms, stronger institutional capacities or more aggressive environmental interventions in LACs. In contrast, the slower adjustment in ASEAN highlights potential structural rigidities or delays in implementing effective policy responses, emphasizing the need for enhanced regulatory frameworks and targeted climate strategies to improve policy intervention efficiency. Results show that GDP and FDI increase emissions in both regions, while REN reduces them. POP is insignificant in ASEAN but increases emissions in LACs. These results provide insights into the relative effectiveness of policy instruments in accelerating the transition to a low-carbon economy, highlighting the need for differentiated strategies that align with each country’s institutional capacity, development stage and energy structure. Full article

To achieve regional sustainable development, the low-carbon transformation of agriculture is essential, as it serves both as a significant carbon source and as a potential carbon sink. This study calculated the agricultural carbon emissions in Liaocheng from 2010 to 2022 by analyzing processes including crop cultivation, animal husbandry, and agricultural input. Additionally, a simulation model of the water–energy–food–carbon nexus (WEFC-Nexus) for Liaocheng’s agricultural production process was developed. Using Vensim PLE 10.0.0 software, this study constructed a WEFC-Nexus model encompassing four major subsystems: economic development, agricultural production, agricultural inputs, and water use. The model explored four policy scenarios: business-as-usual scenario (S1), ideal agricultural development (S2), strengthening agricultural investment (S3), and reducing agricultural input costs (S4). It also forecast the trends in carbon emissions and primary sector GDP under these different scenarios from 2023 to 2030. The conclusions were as follows: (1) Total agricultural carbon emissions exhibited a three-phase trajectory, namely, “rapid growth (2010–2014)–sharp decline (2015–2020)–gradual rebound (2021–2022)”, with sectoral contributions ranked as livestock farming (50%) > agricultural inputs (27%) > crop cultivation (23%). (2) The carbon emissions per unit of primary sector GDP (CEAG) for S2, S3, and S4 decreased by 8.86%, 5.79%, and 7.72%, respectively, compared to S1. The relationship between the carbon emissions under the four scenarios is S3 > S1 > S2 > S4. The relationship between the four scenarios in the primary sector GDP is S3 > S2 > S4 > S1. S2 can both control carbon emissions and achieve growth in primary industry output. Policy recommendations emphasize reducing chemical fertilizer use, optimizing livestock management, enhancing agricultural technology efficiency, and adjusting agricultural structures to balance economic development with environmental sustainability. Full article

This article examines how research-and-development (R&D) expenditure—as a share of GDP—both in total and disaggregated by sector (business enterprise and government)—shapes key socioeconomic outcomes in the EU-27. Drawing on Eurostat panel data for 2013–2022, we estimate fixed- and random-effects models with sector-specific lags. Business R&D expenditure is associated with lower female and male unemployment and faster GDP growth. Government R&D expenditure, by contrast, widens the gender pay gap and dampens GDP per capita after two years, although it attracts foreign direct investment in the short and medium term. The diminishing impact of R&D over time underscores the need for policies that sustain innovation benefits. Full article