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| 1 |
ID:
150923
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| Summary/Abstract |
This study investigates the effect of renewable energy production on water and land footprint in 58 developed and developing countries for the period of 1980–2009. Utilizing the ecological footprint as an indicator, the fixed effects, difference and system generalized method of moment (GMM) approaches were employed and eight different models were constructed to achieve robustness in the empirical outcomes. Despite the use of different methods and models, the outcome was the same whereby GDP growth, urbanization, and trade openness increase the water and land footprint. Moreover, renewable energy production increases the water and land inefficiency because of its positive effect on ecological footprint. Additionally, based on the square of GDP it is concluded that the EKC hypothesis does not exist while the square of renewable energy production indicates that renewable energy production will continue to increase water and land footprint in the future. From the outcome of this study, a number of recommendations were provided to the investigated countries.
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| 2 |
ID:
122460
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| Publication |
2013.
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| Summary/Abstract |
The purpose of this article is to examine the relationships between real estate market factors (transaction costs, landlord and tenant practices and property rights) and foreign real estate investments (FREI) after controlling for other relevant determinants of FREI. This article uses related observations from 38 countries to investigate the relationships between real estate market factors and FREI. Our analysis shows that countries with lower transaction costs and higher level of property rights attract greater amounts of FREI. Furthermore, our empirical results indicate that there is a positive and significant relationship between pro-landlord practices and FREI.
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| 3 |
ID:
137669
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| Summary/Abstract |
This study investigates the existence of the environmental Kuznets curve (EKC) hypothesis in Vietnam during the period 1981–2011. To realize the goals of this study, a pollution model was established applying the Autoregressive Distributed Lag (ARDL) methodology. The results revealed that the pollution haven hypothesis does exist in Vietnam because capital increases pollution. In addition, imports also increase pollution which indicates that most of Vietnam's imported products are energy intensive and highly polluted. However, exports have no effect on pollution which indicates that the level of exports is not significant enough to affect pollution. Moreover, fossil fuel energy consumption increases pollution while renewable energy consumption has no significant effect in reducing pollution. Furthermore, labor force reduces pollution since most of Vietnam's labor force is in the agricultural and services sectors which are less energy intensive than the industrial sector. Based on the obtained results, the EKC hypothesis does not exist because the relationship between GDP and pollution is positive in both the short and long run.
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| 4 |
ID:
124685
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| Publication |
2013.
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| Summary/Abstract |
This study investigated the validity of the pollution haven hypothesis in the Gulf Cooperation Council (GCC) countries using a multivariate framework. To achieve the goal of this study, the non-stationary panel techniques were used to examine the hypothesis from 1980 to 2009. Based on the Pedroni cointegration test results, it was found that the variables are cointegrated. Moreover, the Fully Modified OLS results showed that energy consumption and GDP growth increase CO2 emission while foreign direct investment inflows have a long run negative relationship with CO2 emission. Furthermore, based on the short run Granger causality test results, FDI has no short run causal relationship with CO2 emission and energy consumption while energy consumption and GDP growth have a positive causal relationship with CO2 emission. Thus, the results of this study indicate that energy consumption and GDP growth are the source of pollution in the GCC countries and not the foreign direct investment inflows. Thus, the study recommended that these countries should utilize policies to encourage inward foreign investment since it plays an important role in stimulating GDP growth.
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