Economic complexity, greenfield investments, and energy innovation: policy implications for sustainable development goals in newly industrialised economies
| dc.contributor.author | Bashir, Muhammad Farhan | |
| dc.contributor.author | Inglesi-Lotz, Roula | |
| dc.contributor.author | Razi, Ummara | |
| dc.contributor.author | Shahzad, Luqman | |
| dc.date.accessioned | 2024-05-31T08:19:35Z | |
| dc.date.issued | 2024-05 | |
| dc.description | DATA AVAILABILITY : Data and relevant materials will be available from the corresponding author. | en_US |
| dc.description.abstract | The crucial role of environmental assessment quality has been recognised by environmental and sustainable development goals in addressing climate change challenges. By focusing on the key identifier of environmental assessment, progress can be made towards overcoming climate change issues effectively. The current study considers environmental commitments under COP28 to study the role of economic complexity, greenfield investments, and energy innovation in environmental degradation in newly industrialised economies from 1995 to 2021. We employ novel panel estimations from CS-ARDL, CS-DL, AMG, and CCEMG to confirm that economic growth and greenfield investments degrade environmental quality. On the other hand, energy innovation and urbanisation improve environmental sustainability. Lastly, we confirm the EKC hypothesis for economic complexity as well. Given the reported empirical findings, the study suggests policymakers must focus on economic complexity to transform industrial sectors’ economic potential. Furthermore, foreign investment projects must be linked with environmental goals to increase renewable energy capacity. | en_US |
| dc.description.department | Economics | en_US |
| dc.description.embargo | 2025-05-15 | |
| dc.description.librarian | hj2024 | en_US |
| dc.description.sdg | SDG-07:Affordable and clean energy | en_US |
| dc.description.sdg | SDG-08:Decent work and economic growth | en_US |
| dc.description.sponsorship | Project supported by Natural Science Foundation of Hunan Province. | en_US |
| dc.description.uri | http://link.springer.com/journal/11356 | en_US |
| dc.identifier.citation | Bashir, M.F., Inglesi-Lotz, R., Razi, U. et al. Economic complexity, greenfield investments, and energy innovation: policy implications for sustainable development goals in newly industrialised economies. Environmental Science and Pollution Research 31, 36013–36027 (2024). https://doi.org/10.1007/s11356-024-33433-4. | en_US |
| dc.identifier.issn | 0944-1344 (print) | |
| dc.identifier.issn | 1614-7499 (online) | |
| dc.identifier.other | 10.1007/s11356-024-33433-4 | |
| dc.identifier.uri | http://hdl.handle.net/2263/96324 | |
| dc.language.iso | en | en_US |
| dc.publisher | Springer | en_US |
| dc.rights | © The Author(s), under exclusive licence to Springer-Verlag GmbH, DE part of Springer Nature 2023. The original publication is available at : http://link.springer.com/journal/11356. | en_US |
| dc.subject | Newly industrialised countries | en_US |
| dc.subject | Energy transition | en_US |
| dc.subject | Environmental degradation | en_US |
| dc.subject | Economics complexity | en_US |
| dc.subject | Greenfield investment | en_US |
| dc.subject | SDG-07: Affordable and clean energy | en_US |
| dc.subject | SDG-08: Decent work and economic growth | en_US |
| dc.title | Economic complexity, greenfield investments, and energy innovation: policy implications for sustainable development goals in newly industrialised economies | en_US |
| dc.type | Postprint Article | en_US |