Muhammad Zahid Rafique

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Muhammad Zahid verified their affiliation via an institutional email.

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• PhD in Economics
• Assistant Professor at Shandong University

In the context of critical global climate change, China, one of the significant carbon emitters worldwide, has begun to utilize green finance to reduce carbon emissions actively. To study the impact of green finance on enterprise carbon emissions, we selected Chinese-listed companies from 2009 to 2022 as our research object. We found that green fin...

This research examines the ability of Chinese enterprise groups to leapfrog the upgrading of low-carbon technologies. A theoretical model based on backwardness advantage, innovation theory, and technological leapfrogging theory is proposed to investigate the determinants of late-mover advantage and innovation capability in Chinese provinces. The st...

This study aims to investigate the efficient resource utilization of the electricity distribution sector in Pakistan and identifies the influential factors affecting it. In Pakistan, there is excess production capacity and under-utilized power plants, which pose a challenge to the economy due to their burden on the exchequer account and the high po...

In recent years, debates on sustainable economic development have highlighted the importance of comprehensive growth especially in developing countries. Inclusive growth is widely seen as a key ingredient for sustainable development. However, there is little empirical evidence to support this claim. The current study examines the level of inclusive...

While the Belt and Road Initiative (BRI) is thought to radically transform trade, financial and industrial patterns in Eurasia, questions remain on how to develop a secure supply of renewable energy without jeopardizing the booming energy demand of those regions. Due to the intrinsic nature of BRI projects, foreign direct investments (FDI) and high...

Air pollution has been notoriously held accountable for a substantial number of deaths in several countries. Moreover, its negative impact on people's health and well-being has also been witnessed in countries where air pollution is below the recommended national levels. The urban cities of Pakistan are among the worst South Asian areas in terms of...

The current decade has witnessed the rise of empirical research in the domain of ecological footprint which has become a major scholarly area among environmental researchers. However, many key factors determining ecological footprint have been inadequately dealt within the existing body of knowledge. The current research aims to explore the associa...

The current discourse addresses fiscal issues, financial decentralization, and environmental quality and significantly affects economic development and sustainability. This investigation aims to address the research gap in fiscal decentralization and haze pollution for innovation and sustainable growth. This study uses the annual data of 270 Chines...

In the domain of globalization, the global value chain (GVC) is formed across diverse economies. Owing to the expansion of economic globalization and the resultant global trade liberalization, the geographical isolation of production and consumption has resulted in the transfer of polluting emissions from advanced economies to developing states. De...

The Organization for Economic Cooperation and Development (OECD) economies face the challenges of rising energy demand, urbanization, and growing environmental issues (rising ecological footprint and less biodiversity). The primary objective of this article is to explore the role of environmental taxes and economic growth on the growing ecological...

This study investigates how structural changes and economic activities impact on the environment in Japan. Instead of using traditional economic and environmental factors, the authors used economic complexity and ecological footprint as key factors. Taking into account the dynamic nature of the relationship between economic activities and the envir...

The environmental performance concern exists globally in spite of various efforts at state levels. This study is an effort to identify the key factors for environmental performance in 34-Asian countries using data period of 2006-2017. The most updated panel study techniques are employed. The existence of cross-sectional dependence (CD) is confirmed...

The prime objective of this article is to examine the heterogeneous impacts of economic complexity on renewable energy demand within a panel of G7 and E7 countries. One of the important contributions of this research is to explore the role of overall structural change and economic factors for renewable and cleaner energy in developed and emerging e...

The scholars of environmental economics have attempted the investigation of the impact of foreign direct investment-growth nexus, but they have missed the essential role played by technological innovation and financial development regarding the environmental costs. The notable economic growth and the consequent speedy process of urbanization in BRI...

The current study is designed to see the effects of water access on the well-being of the farming community in rural areas of Pakistan. The data were collected from 300 households of ten villages in rural Faisalabad, Pakistan where the population is facing serious water quality and access issues due to industrial pollution, lack of clean water supp...

Financial development is one of the key drivers of rapid economic growth as well as CO2 emission in the environment. This study aims to investigate the casual links between financial development and CO2 emission in G8 and D8 countries for the time period from 1999 to 2013. We used PCA to develop financial development index from its five sub-compone...

OBJECTIVES: Estimate the impact of mother schooling on rural-urban child chronic malnutrition from Pakistan. MATERIALS AND METHODS: The data on all education based pathways, such as socio-demographic and behavioral, were taken from Pakistan Demographic and Health Survey 2012-13 dataset. The data on all infants aged 0-59 months, whose height and we...

Landlordism is still considered an expression of power and superiority in Pakistan like many other countries in the world. This paper is aimed at: (1) to explain the very basic concept of land ownership; both in religious and social context, (2) to sketch historical pattern of land acquisition and its exploitation for exerting social control and po...