Foreign Direct Investments, Renewable Electricity Output, and Ecological Footprints: Do Financial Globalization Facilitate Renewable Energy Transition and Environmental Welfare in Bangladesh?

نویسندگان

چکیده

Abstract Phasing out fossil fuel dependency to adopt renewable energy technologies is pertinent for both ensuring security and safeguarding the well-being of environment. However, financial constraints often restrict developing countries, in particular, from undergoing transition that necessary easing environmental hardships. Against this background, study makes a novel attempt evaluate impacts FDI inflows on enhancing use attaining sustainability Bangladesh between 1972 2015. Using autoregressive distributed lags with structural break approach estimate short- long-run elasticities, it found enhance share electricity output total levels country. Besides, are also evidenced directly hamper quality by boosting ecological footprints figures Bangladesh. Hence, can be said promotes generation but transforms nation into pollution haven. although cannot reduce footprints, joint footprint mitigation impact evidenced. findings verify authenticity Environmental Kuznets Curve hypothesis Bangladesh’s context. Therefore, economic growth referred as being cause panacea problems faced These results, nutshell, calls effective measures undertaken attracting relatively cleaner whereby objectives achieved tandem. In line these findings, several appropriate globalization policies recommended.

برای دانلود باید عضویت طلایی داشته باشید

برای دانلود متن کامل این مقاله و بیش از 32 میلیون مقاله دیگر ابتدا ثبت نام کنید

اگر عضو سایت هستید لطفا وارد حساب کاربری خود شوید

منابع مشابه

Instruments to Mitigate Financial Risk in Indian Renewable Energy Investments

Based on these targets, and assuming that these targets will be met in a linear fashion (i.e., equal capacity installation per year), using forecasted costs of renewable technologies, this would require approximately $189 billion of additional investment, including $132 billion of debt and $57 billion of equity. Among technologies, solar energy would require approximately $131 billion, wind ene...

متن کامل

Electricity from Renewable Energy Sources

Issued by the European Commission's Intelligent Energy Executive Agency (IEEA), this report presents a series of international projects supported by the European Union's Intelligent Energy – Europe (IEE) programme. The information contained in it may be reproduced. The responsibility for the content of this publication lies with its authors. It does not necessarily represent the opinion of the ...

متن کامل

The Effects of Trade Integration, Globalization and Foreign Direct Investments on Employment in Iranian Manufacturing Sector

This paper focuses on two major aspects of globalization: international trade and FDI and their impacts on manufacturing employment in Iran and study whether foreign direct investment and trade expansion with Asian and European partner played any role in shaping the Iranian manufacturing employment structure. This study incorporates globalization (KOF index), trade integration and FDI into a si...

متن کامل

Investigating the effect of renewable and non-renewable energy consumption on social welfare in developing Asian countries: Quantile regression approach

Energy as one of the factors of production along with labor and capital has an important role in development and social welfare. Due to the pollution of non-renewable resources and its negative impact on welfare, the use of renewable resources can improve social welfare by eliminating pollutants. In this study, the effect of renewable and non-renewable energy consumption on social welfare of de...

متن کامل

ذخیره در منابع من


  با ذخیره ی این منبع در منابع من، دسترسی به آن را برای استفاده های بعدی آسان تر کنید

ژورنال

عنوان ژورنال: Asia-pacific Financial Markets

سال: 2021

ISSN: ['1573-6946', '1387-2834']

DOI: https://doi.org/10.1007/s10690-021-09335-7