Examining the natural resources-ecological degradation nexus: The role of energy innovation and human capital in BRICST nations
The result's identifiers
Result code in IS VaVaI
<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F70883521%3A28120%2F24%3A63573978" target="_blank" >RIV/70883521:28120/24:63573978 - isvavai.cz</a>
Result on the web
<a href="https://www.sciencedirect.com/science/article/pii/S0301420724001491?via%3Dihub" target="_blank" >https://www.sciencedirect.com/science/article/pii/S0301420724001491?via%3Dihub</a>
DOI - Digital Object Identifier
<a href="http://dx.doi.org/10.1016/j.resourpol.2024.104782" target="_blank" >10.1016/j.resourpol.2024.104782</a>
Alternative languages
Result language
angličtina
Original language name
Examining the natural resources-ecological degradation nexus: The role of energy innovation and human capital in BRICST nations
Original language description
The growing global consensus on addressing climate change and advancing environmental sustainability underscores the need for effective environmental and natural resource management frameworks to achieve ecological balance. This study contributes to ongoing policy discussions by examining the impact of green energy innovation, economic growth, human capital, and natural resources on ecological footprints in the BRICST economies from 1992 to 2020. The objective of this study is to assess the relationships between green energy innovation, economic growth, human capital, natural resources, and ecological footprints in the BRICST economies, providing insights into the factors influencing environmental sustainability. To achieve this objective, we employ various econometric methods, including the method of moments quantile regression, Fully Modified Ordinary Least Squares, Dynamic Ordinary Least Squares, and Fixed Effects Ordinary Least Squares. These methods allow us to analyze the impact of the selected variables on ecological footprints comprehensively. Our analysis reveals noteworthy findings. Firstly, green energy innovation has a positive influence on environmental sustainability, suggesting that investments in eco-friendly technology can lead to reduced ecological footprints. Conversely, we find that human capital, economic growth, and natural resources are associated with increased environmental challenges, indicating the need for careful management of these factors. Causality tests confirm the presence of a unidirectional causal relationship between ecological footprints to green energy innovation, economic growth, and natural resources. Additionally, we identify a unidirectional causal association between human capital to ecological footprints. We advise policymakers to encourage structural changes and the adoption of green energy technology in the production sector. These steps will help address environmental challenges and promote ecological sustainability in BRICST economies, in line with global climate change efforts.
Czech name
—
Czech description
—
Classification
Type
J<sub>imp</sub> - Article in a specialist periodical, which is included in the Web of Science database
CEP classification
—
OECD FORD branch
50204 - Business and management
Result continuities
Project
—
Continuities
V - Vyzkumna aktivita podporovana z jinych verejnych zdroju
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
Resources Policy
ISSN
0301-4207
e-ISSN
1873-7641
Volume of the periodical
2024
Issue of the periodical within the volume
90
Country of publishing house
GB - UNITED KINGDOM
Number of pages
8
Pages from-to
—
UT code for WoS article
001170417300001
EID of the result in the Scopus database
2-s2.0-85184521024