ECON-ESG factors on energy efficiency: Fostering sustainable development in ECON-growth-paradox countries
The result's identifiers
Result code in IS VaVaI
<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F60460709%3A41110%2F24%3A101149" target="_blank" >RIV/60460709:41110/24:101149 - isvavai.cz</a>
Result on the web
<a href="https://www.sciencedirect.com/science/article/pii/S1342937X24002144" target="_blank" >https://www.sciencedirect.com/science/article/pii/S1342937X24002144</a>
DOI - Digital Object Identifier
<a href="http://dx.doi.org/10.1016/j.gr.2024.07.020" target="_blank" >10.1016/j.gr.2024.07.020</a>
Alternative languages
Result language
angličtina
Original language name
ECON-ESG factors on energy efficiency: Fostering sustainable development in ECON-growth-paradox countries
Original language description
This study examines how economic (ECON), environmental (E), social (S), and governance (G) factors affect SDG-based energy efficiency (EE) for G-7 countries. In this examination, the study, for the first time, introduces the form "ECON-ESG" defined by Isik et al. (2024c). The authors integrated economic factors (ECON) into traditional ESG since they assert that economic impacts on sustainability are undeniable. The CS-ARDL model is used with the AMG and CCEMG techniques to test its robustness. Empirical findings reveal that while economic factors (ECON) negatively impact EE, environmental factors (E) positively impact it. Based on this negative impact on EE, and of course, only within the limits of this study, we, for the first time, conceptually define and introduce G-7 as "ECON-growth-paradox and E-growth- harmonized countries." Because G-7 countries are developed economically, however, development negatively (paradoxically) affects these countries' EEs, contrary to positive effect expectations. The word "harmonized" refers to the supportive-harmonizing (positive) effect of environmental factors (E) on EE. Therefore, policymakers need to align conflicting economic and environmental policies on energy efficiency. The country-wise analysis results show that while Canada, Italy, and the USA are ECON-growthparadox countries, the UK is an E-growth-harmonized country. (c) 2024 International Association for Gondwana Research. Published by Elsevier B.V. All rights are reserved, including those for text and data mining, AI training, and similar technologies.
Czech name
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Czech description
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Classification
Type
J<sub>imp</sub> - Article in a specialist periodical, which is included in the Web of Science database
CEP classification
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OECD FORD branch
50201 - Economic Theory
Result continuities
Project
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Continuities
S - Specificky vyzkum na vysokych skolach
Others
Publication year
2024
Confidentiality
S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů
Data specific for result type
Name of the periodical
GONDWANA RESEARCH
ISSN
1342-937X
e-ISSN
1342-937X
Volume of the periodical
135
Issue of the periodical within the volume
neuvedeno
Country of publishing house
CZ - CZECH REPUBLIC
Number of pages
12
Pages from-to
103-115
UT code for WoS article
001296276000001
EID of the result in the Scopus database
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