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Contribution of hydro energy production,economic complexity and technological innovation in achieving an environmentally sustainable Asia

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Geoscience Frontiers 2024年第5期15卷 515-528页

作者： farah rana Bilal Hussain Abdelmohsen A.Nassani Ayesha Hussain Mohamed Haffar Syed Asif Ali Naqvi Department of Economics Government College UniversityFaisalabadPakistan Government Graduate College Gojra Toba Tek SinghPakistan Department of Management College of Business AdministrationKing Saud UniversityP.O.Box 71115Riyadh 11587Saudi Arabia Department of Home Economics Government College Women University FaisalabadPakistan Department of Management Birmingham Business SchoolUniversity of BirminghamUnited Kingdom

The impact of hydro energy production,economic complexity,urbanization,technological innovation and financial development on environmental sustainability between 1995 and 2017 is examined for a panel of thirteen Asian economies using two environmental proxies—their ecological footprint and CO_(2)*** non-parametric Driscoll-Kraay standard error method and the Dumitrescu-Hurlin panel causality test are applied to the *** findings show that hydro energy production and technological innovation have a significant negative impact on the environment,thus promoting environmental *** complexity significantly lowers environmental sustainability while the non-linear effect of economic complexity favors environmental sustainability;this confirms the existence of an economic-complexity-based inverted-U-shaped environmental Kuznets curve ***,urbanization and financial development significantly decrease environmental *** results of our study confirm the feedback causality between hydro energy production and carbon dioxide *** recommend expansionary policies regarding hydro energy production that are beneficial for substituting fossil fuel *** paves a path towards environmental sustainability in this era of global boiling.

关键词： Hydro energy production Environmental sustainability Global boiling Economic complexity Asian countries Panel corrected standard error

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