ECON-ESG factors on energy efficiency: Fostering sustainable development in ECON-growth-paradox countries

Kód výsledku v 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>

Výsledek na webu

<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>

Jazyk výsledku

angličtina

Název v původním jazyce

ECON-ESG factors on energy efficiency: Fostering sustainable development in ECON-growth-paradox countries

Popis výsledku v původním jazyce

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.

Název v anglickém jazyce

ECON-ESG factors on energy efficiency: Fostering sustainable development in ECON-growth-paradox countries

Popis výsledku anglicky

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.

Druh

J_imp - Článek v periodiku v databázi Web of Science

CEP obor

—

OECD FORD obor

50201 - Economic Theory

Projekt

—

Návaznosti

S - Specificky vyzkum na vysokych skolach

Rok uplatnění

2024

Kód důvěrnosti údajů

S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů

Název periodika

GONDWANA RESEARCH

ISSN

1342-937X

e-ISSN

1342-937X

Svazek periodika

135

Číslo periodika v rámci svazku

neuvedeno

Stát vydavatele periodika

CZ - Česká republika

Počet stran výsledku

12

Strana od-do

103-115

Kód UT WoS článku

001296276000001

EID výsledku v databázi Scopus

—