The growth of financial services has been critical in Turkey's pursuit of economic growth objectives throughout the last two decades. Nevertheless, it cannot be denied that it has a negative impact on environmental quality. Based on this, in the current paper, the effect of energy use, trade openness, and financial development on the load capacity factor (LCF) is explored for Turkey between 1965 and 2018. In doing so, a series of quantile approaches such as quantile cointegration (QC), quantile-on-quantile regression (QQR), nonparametric causality-in-quantiles (NCQ), and quantile regression (QR) are used. The results generated from the QQR and also validated by the QR reveal that in the majority of the quantiles, primary energy use, trade openness, and financial development impact the LCF negatively. These results suggest that primary energy use, trade openness, and financial development damage environmental quality. Furthermore, the findings gathered from the quantile causality disclose that all primary energy use, trade openness, and financial development can forecast LCF in the majority of the quantiles. Based on the research outcomes, policies, which may aid to solve the damaging environmental effects of the primary energy use, trade openness, and financial sector development in Turkey are recommended.
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http://dx.doi.org/10.1007/s11356-022-23639-9 | DOI Listing |
PLoS One
January 2025
School of Accounting, Finance and Economics, University of the South Pacific, Suva, Fiji.
This paper examines the revenue implications of trade deregulation in a panel of Pacific Island countries from 2010 to 2021. First, we undertake a cross-country analysis of tax revenue, trade, and tax structure. Secondly, we empirically analyze the effect of trade deregulation on trade tax and overall government tax revenue.
View Article and Find Full Text PDFMaterial stocks of infrastructure, buildings, and machinery are the biophysical basis of production and consumption. They are a crucial lever for resource efficiency and a sustainable circular economy. While material stock research has proliferated over the last years, most studies investigated specific materials or end-uses, usually not embedded into an economy-wide perspective.
View Article and Find Full Text PDFPLoS One
December 2024
Faculty of Management, Rzeszow University of Technology, Rzeszow, Poland.
This article employs a Panel Mean Group Autoregressive Distributed Lag (PMG-ARDL) approach to investigate the interaction between carbon dioxide (CO2) emissions, Gross Domestic Product (GDP), fossil fuel, renewable energy consumption, trade, and their collective impact on life expectancy within the BRICS nations. The research reveals compelling findings. Notably, CO2 emissions and trade openness exhibit negative and statistically significant impact on life expectancy.
View Article and Find Full Text PDFHeliyon
December 2024
School of Management and Entrepreneurship, Indian Institute of Technology, Jodhpur, Jodhpur, 342030, Rajasthan, India.
This study compares the relationships between important macroeconomic variables and outward foreign direct investment (OFDI) in the economies of the BRICS and N-11 countries between 1990 and 2019. The analysis employs a comprehensive econometric framework, with ordinary least squares (OLS) serving as the baseline model, followed by three-stage least squares (3SLS) to account for simultaneous relationships, and the generalized method of moments (GMM) for the robustness check to handle any endogeneity. The primary macroeconomic factors that are examined are GDP, financial development, trade openness, technological advancement, human capital, and inward foreign direct investment.
View Article and Find Full Text PDFFront Psychol
November 2024
Faculty of Graduate Studies, York University, Toronto, ON, Canada.
Despite the extensive history of investigation, characterization and diagnostics of giftedness is still a point of debate. The lack of understanding of the phenomenon affects the identification process of gifted children, development of targeted educational programs and state of research in the field of gifted education. In the current systematic review, we seek to delineate the specific aspects in which gifted children differ from their typically developing peers in cognitive abilities, psychophysiology and psychological characteristics.
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