August 2023
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25 Reads
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6 Citations
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August 2023
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25 Reads
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6 Citations
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August 2023
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20 Reads
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24 Citations
Resources Policy
December 2022
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137 Reads
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70 Citations
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Most economies are shifting towards green growth to lower climate change and environmental degradation issues. Yet the question prevails regarding the nexus of green growth and economic performance. This study investigates the impact of green growth, green innovation, natural resources, and renewable energy on the economic performance of the BRICS economies. This study employs second-generation panel data approaches covering the period from 1991 to 2014. Slope heterogeneity, cross-section dependence, and unit root test is used. All the variables possess a long-run equilibrium relationship. While the method of moments quantile regression asserted that green growth exhibits a heterogeneous impact on economic performance. Green innovation is found in a negative association, while renewable energy consumption and natural resources are the prominent factors of economic performance in the region. The results are robust as the mean group estimator validates the findings of the earlier estimator. This study suggests appropriate policies for green growth to stabilize its positive influence on economic performance, enhancement of renewable energy consumption, and optimal use of natural resource rents to encourage economic performance in the region.
November 2022
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813 Reads
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64 Citations
Digitalization gives people access to a vast network of untapped data, which has the potential to help society and the environment. Smart systems connected to the internet can systematically provide a unique opportunity to solve difficulties related to long-term sustainability. The goals are to create an egalitarian, ecologically sustainable, and healthy society. Technological resources are envisioned as game-changing instruments. Three key concerns integration benefits are highlighted here: (i) sustainable development goals, (ii) socio-economic development, and (iii) the role of digital technology in environmental sustainability. This viewpoint describes the potential that digitization can create a future sustainable society. The technological network would unite the urban and rural worlds under a shared banner of sustainable development, keeping all social elements in the loop. Nations that take a comprehensive strategy will be able to provide equitable growth and an efficient, sustainable, and digital existence for their citizens. As a result, digitization provides better living conditions, active public involvement, clean governance, and transparency in public welfare programs and processes. People who are well-informed, self-aware, and digitally equipped will be better learners, thinkers, reformers, participators, and change and growth agents, marching forward on sustainable progress. The advantages of digitization in hastening the transition to sustainable industrial processes and improving people’s health and happiness are explored. Finally, the perspective encapsulates the advantages of digitization by offering a holistic vision of how technology could aid in addressing major challenges such as endangered world biodiversity and climate change.
... Firstly, fossil fuels are a limited resource and are not evenly distributed around the world, leading to various economic and political problems between countries. Additionally, the consumption of fossil fuels contributes to global warming, disrupting the balance of ecosystems [77]. Therefore, the transition to sustainable alternative energy sources is of great importance. ...
August 2023
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... By adopting digital technology, project professionals can make unbiased and data-driven decisions enhancing transparency in the process (Ionescu et al., 2021;Peng et al., 2023a;Sitorus and Brito-Parada, 2020). All the processes and procedure have become more efficient due to the elimination of manual interfaces (Xu et al., 2022). Digital technology such as IoT can advance sustainability by improving transparency or assessment abilities due to big data analysis and management (Paiola et al., 2021;Ullah et al., 2024). ...
November 2022
... They described that the NR, RE consumption, and ET contribute to the environmental quality and adversely affect their economic growth. Xu et al. [50] have used the second-generation panel data technique and analyzed the links of GG, RE, NR, and green innovation with the economic performance of BRICS countries. They stated the heterogeneous impact of GG on environmental performance of the BRICS economies. ...
December 2022
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