Publications by authors named "Itbar Khan"

Climate change effect mitigation is a critical priority for top leaders and communities around the globe. Human-induced environmental issues are affecting humankind's standard of living and development potential and the planetary boundaries. Sustainability objectives aim to enhance environmental quality and ensure sustainable development for all by eliminating social inequalities.

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Understanding the dynamic link between the development of COVID-19 pandemic and industry sector risk spillovers is crucial to explore the underlying mechanisms by which major public health events affect economic systems. This paper applies ElasticNet method proposed by Diebold and Yilmaz (2009, 2012, 2014) to estimate the dynamic risk spillover indicators of 20 industrial sectors in China from 2016 to 2022, and systematically examines the impact of industry risk network fluctuations and the transmission path caused by COVID-19 shock. The findings reveal that risk spillovers of Chinese industries show a dynamic change of "decline-fluctuation-rebound" with the three phases of COVID-19 epidemic.

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As a result of rapid economic expansion, increased energy use, and urbanization, global warming and climate change have become serious challenges in recent decades. Institutional quality can be the remedy to impede the harmful effect of factors on environmental quality. This study investigates the impact that urbanization and institutional quality on environmental quality in in the Belt and Road Initiative (BRI) countries from 2002 to 2019.

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The purpose of this study is to examine how environmental taxation, green growth, and eco-innovations contribute to a more sustainable environment. This study examines the influence of green growth, environmental taxes, and eco-innovations on carbon dioxide emissions in 26 environmentally responsive European Union (EU) countries from 2000 to 2020. The analysis was conducted using the second-generation panel unit root test, cross-sectional dependence, panel cointegration, and panel quantile regression.

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As the world's population grows, the energy demand continues to rise due to advancements in technology and the impact of globalization. The finite nature of traditional energy sources has accelerated the shift toward renewable energy, particularly in developing countries where environmental degradation and declining quality of life are significant concerns. This study delves into the interplay between urbanization, carbon dioxide emissions, economic growth, and renewable energy production in Organization of the Black Sea Economic Cooperation member states, providing new insights into the energy market.

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This study investigates the effect of income inequality, carbon dioxide emissions, renewable energy consumption, and economic growth on each other's in the Belt and Road initiative countries from 2002 to 2019. By using OLS, fixed effect, difference GMM, system GMM, and seemingly unrelated regression (SUR) models, the results show that income inequality and renewable energy consumption are reduced while economic growth, foreign direct investment, and financial development have an increasing effect on carbon emissions. The effect of carbon emissions and renewable energy consumption is negative, while economic growth is positive and negative for income inequality across different models.

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This study investigates the nexus between natural resources, renewable energy consumption, economic growth, and carbon emission in 35 belt and road initiative (BRI) countries from 1985 to 2019. By employing OLS, fixed effect, generalized method of moments, and seemingly unrelated regression models, the results show that carbon dioxide and renewable energy are the driver factors of economic growth while natural resources reduce economic growth. The effect of economic growth and natural resources on carbon dioxide is positive; however, renewable energy consumption significantly reduces carbon emission.

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The concern of environmental degradation, poverty, and income inequality remains a priority in achieving sustainable development goals. Countries are trying to reduce income inequality, alleviate poverty, and reduce environmental degradation which needs special attention. Consequently, this study explores the effect of income inequality, poverty, and energy consumption on carbon dioxide emission in the Belt and Road Initiative countries from 1996 to 2018.

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The reduction of income inequality and environmental frailty are important factors which can help achieve sustainable development. In this context, it is important to investigate the nexus between income inequality and carbon dioxide emission by considering the role of political stability. This paper examines the effect of political stability, economic growth, financial development, and carbon dioxide on income inequality in developing countries, high-income countries, and the Belt Road initiative (BRI) countries from 2002 to 2019.

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The belt and road countries are mostly emerging and developing countries and heading to attain economic prosperity; however, this development process leads to ecological footprint. The factors of ecological footprint need to be identified and sound level of quality institutions might be helpful to overcome the issue of environmental degradation. Utilizing data from 1985 to 2019 of the belt and road initiative (BRI) countries, this study explores the effect of institutional quality indicators and financial development on carbon dioxide emission by including energy consumption and economic growth to the model.

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Attaining sustainable economic growth has become an important concern for most countries. Countries are accelerating economic growth; however, an increase in economic activities through production raises energy demand and thus leads to high carbon emissions. Innovations might be useful to enhance energy efficiency and acquire renewable energy sources to be used for production and achieve sustainable growth.

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The issue of natural resources and environment are a matter of clashing argument in recent studies. An increase in natural resources raises economic growth which in turn increases carbon emission, that is a challenge for environmental sustainability. There is a lack of research on weather innovations playing any important role by acquiring renewable energy sources, enhancing energy efficiency, and boosting economic growth by lowering the use of natural resources to raise environmental quality.

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The increasing use of information and communication technology (ICT) in this digital era and its interlinkage with other economic and environmental factors have gotten considerable attention from researchers. ICT tools are considered very important in economic activities such as international trade, the financial sector, and foreign direct investment. ICT is also interlinked with innovation and energy consumption.

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Rising economic growth in recent ages is the primary concern of most of the countries to enhance the living standard, but the ever-increasing production of economic activities consumes a lot of energy, which leads to a sharp increase in carbon dioxide emissions. Innovation may be a remedy that can help improve energy efficiency, obtain renewable energy, and promote economic growth, thereby protecting the quality of the environment. Therefore, this paper examines the role of innovation and renewable energy consumption in CO2 reduction in OECD countries from 2004 to 2019.

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Achieving economic growth is the primary concern mostly of every country to enhance living standard; however, an increase in economic activities may have environmental consequences. Foreign direct investment is also considered a driver of economic growth while it affects the quality of environment. The role of institutions can be useful to enhance foreign direct investment (FDI) inflow which can in turn increase economic growth and safeguard environmental quality.

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In today's digital era of globalization, information and communication technology (ICT) has been considered important that contributes to various sectors of an economy and increases economic growth; however, an increase in ICT may influence environmental quality which needs attention. For this purpose, this study examines the effect of ICT, energy consumption, economic growth, and financial development on carbon emission in the Belt and Road countries from 2000 to 2019 using OLS, fixed effect, dynamic system generalized method of moments (GMM), and generalized least square (GLS) models. The results indicate that ICT, financial development, energy consumption, and economic growth increase carbon dioxide emission, while renewable energy use and international trade reduce it.

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This study investigates the effect of income inequality and institutional quality on carbon emission in 180 countries of the world from 2002 to 2019. The study employed OLS, fixed effect, and system generalized method of moments (SGMM), and the results show that income inequality, institutional quality, financial development, and economic growth have a direct significant and positive effect on carbon emission while trade openness and renewable energy significantly reduce carbon emission. VOA, ROL from the legal system, and GOV from the political system negatively affect carbon emission while the interaction term between GDP and GINI is found negative for carbon emission while the interaction of FD and GINI, INST and GINI, FD, and GDP are positively linked with carbon emission.

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This study explores the moderating role of institutional quality on carbon emissions using data from a global panel regarding renewable energy consumption, foreign direct investment, economic growth and financial development between 2002 and 2019. Using the two-step system generalized method of moments, the results illustrate that in the panel data, renewable energy usage and foreign direct investment inflow enhance environmental quality, while financial development and economic growth lower it. The results show that many countries' quality institutions cannot yet adequately mitigate the harmful impact of each environmental factor and protect the environment; however, the institutional quality interaction term confirms the significant moderating effect of all explanatory variables on environmental quality in the panel data.

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The use of renewable energy improves environmental quality by reducing carbon emission and influence economic growth where carbon emission also affect economic growth of a country. The economic theory of tourism also indicates that tourism development enhances economic growth through spillovers as well contributes to climate change. Financial development enhances economic growth; however, it also affects environmental quality.

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