The dampening effect of geopolitical risk and economic policy uncertainty in the linkage between economic complexity and environmental degradation in the G-20
Evcimen, Ceren
The question remains whether high geopolitical risk and economic policy uncertainty will have a dampening or enhancing effect on pollution factors. In this regard, the study empirically investigates the effects of economic complexity, geopolitical risk, economic policy uncertainty, renewable energy consumption and economic growth on environmental pollution for G-20 countries from 1997 to 2018. The long-term coefficient estimates, derived from the FMOLS estimator, support the inverted U-shaped EKC linkages between economic complexity and ecological footprint, carbon footprint and carbon dioxide emissions. Furthermore, over the long term, geopo litical risks, renewable energy use, and the interaction between economic complexity and policy uncertainty have a positive impact on environmental q...
Assessing the impact of the economic complexity on the ecological footprint in G7 countries: Fresh evidence under human development and energy innovation processes
Evcimen, Ceren
The G-7 economies include economically developed countries on a global scale. The high economic complexity and ecological behaviour of these countries have led to increased concern in other countries within the conjuncture. For this reason, this study investigates the impact of economic complexity, human development, high innovation processes, and renewable energy consumption on the ecological footprint, presenting as the main novelty the damper effect that human development and innovation processes exert on economic complexity and the global effect on the ecological footprint. This empirical evidence is analyzed under the validation of a U-inverted EKĆs behaviour between ecological footprint and economic complexity for 1991–2018. Our study follows a second-generation perspective that gene...