This key article seeks to empirically examine the impact of geopolitical risk, economic policy uncertainty (EPU), natural resources, and renewable energy on a country's ecological footprint, a proxy for environmental sustainability on a national scale. We conducted a quantitative study using the cross-sectional autoregressive distributive lag, augmented mean group, and common correlated effect mean group estimation models, as well as a few tests such as the CD test, Westerlund's co-integration, and CIPS and CADF unit root tests, beginning in January 2000 and ending in January 2021, to determine the data's reliability. The findings indicate that while GPR and renewable energy sources lessen the ecological footprint (EF), EPU and the use of non-renewable energy enhance the EF. The study's scope is narrowed to the BRICS nations, but its implications for expanding existing knowledge and shaping policy are enormous. The results can aid decision-makers in preparing for the possibility of unexpected events causing harm to the economy. The reliability of the evidence can be strengthened by employing more stringent research methods. This study's dimensions reflect the current research paradigm. The research has policy implications for achieving sustainable development goals in emerging economies.
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http://dx.doi.org/10.1007/s11356-023-26553-w | DOI Listing |
PLoS One
January 2025
School of Business, Guangxi University, Nanning, China.
Facing the pressure of Sino-US strategic competition, countries in the Asia-Pacific region often adopt hedging strategies to minimize risk and protect their interests. If implemented, these strategies could impact relationships between countries and lead to political instability. Owing to a lack of theoretical evaluation frameworks and methods, few studies have examined the implementation effects of hedging strategies adopted by Asia-Pacific countries amid Sino-US competition.
View Article and Find Full Text PDFFood Nutr Bull
January 2025
School of Business, Xi'an International University, Xi'an, China.
Fluctuations in economic policy often create ripple effects that can significantly impact commodity prices, including those of essential food items, with potential consequences for food security. The five emerging nations outlined as BRICS (Brazil, Russia, India, China, and South Africa) have most recently extended by including four new members (Egypt, Ethiopia, Iran, and the UAE) on January 1, 2024. Additionally, Argentina and Saudi Arabia are anticipated to join the group soon.
View Article and Find Full Text PDFPLoS Biol
January 2025
Department of Forest and Conservation Sciences, Department of Botany, University of British Columbia, Vancouver, Canada.
The discipline of ecology and evolutionary biology (EEB) has long grappled with issues of inclusivity and representation, particularly for individuals with systematically excluded and marginalized backgrounds or identities. For example, significant representation disparities still persist that disproportionately affect women and gender minorities; Black, Indigenous, and People of Color (BIPOC); individuals with disabilities; and people who are LGBTQIA+. Recent calls for action have urged the EEB community to directly address issues of representation, inclusion, justice, and equity.
View Article and Find Full Text PDFHeliyon
December 2024
Department of Engineering and Industrial Management, Transilvania University of Brașov, Brașov, Romania.
This study examines the influence of geopolitical risk (GPR) on the stock returns of 75 global representative defense companies. Our argument is based on the premise that the Crimean Peninsula's 2014 annexation was a turning point for the defense industry. The study uses wavelet coherence and phase differences to examine daily datasets spanning from January 1, 2014 to December 31, 2023.
View Article and Find Full Text PDFHeliyon
December 2024
Department of Finance and Banking, Islamic University, Kushtia, 7003, Bangladesh.
The focus of this research is to examine the safe-haven properties of seven ethical and conventional asset classes using two sophisticated techniques: quantile coherence and Wavelet coherence. We analyze data ranging from October 3, 2011, to September 30, 2021, that encapsulates several global risk events. The results exhibit either positive or neutral associations between most assets and the Geopolitical Risk (GPR), indicating their safe haven capabilities against the GPR shocks.
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