[ Log In | Register]
! Skip Navigation Links
Skip Navigation Links
Image of Journal of Applied Nonlinear Dynamics
ISSN:2325-6192 (print)
ISSN:2325-6206 (online)
Journal of Environmental Accounting and Management
António Mendes Lopes (editor), Jiazhong Zhang(editor)
António Mendes Lopes (editor)

University of Porto, Portugal

Email: aml@fe.up.pt

Jiazhong Zhang (editor)

School of Energy and Power Engineering, Xi'an Jiaotong University, Xi'an, Shaanxi Province 710049, China

Fax: +86 29 82668723 Email: jzzhang@mail.xjtu.edu.cn

Sustainable Environment and Military Expenses: The Role of Energy Innovations

Journal of Environmental Accounting and Management 12(3) (2024) 299--310 | DOI:10.5890/JEAM.2024.09.006

Aliya Zhakanova Isiksal$^{1}$, Ala Fathi Assi$^{2}$, Shynar Zhakanovna Rakhmetullina$^{3}$, Alibek Zhakanov$^{4}$

$^{1}$ World Peace University, Nicosia, Department of Business Administration, via Mersin 10 T"{u}rkiye

$^{2}$ Near East University, Department of Banking and Accounting, Nicosia, TRNC, via Mersin 10 T"{u}rkiye

$^{3}$ Academician K. Satpayev Technical and Engineering Institute, Ekibastuz, Kazakhstan

$^{4}$ Eurasian National University named after Gumilev, Nursultan, Kazakhstan

Download Full Text PDF

 

Abstract

This study utilizes second-generation panel techniques to define the determinants of emissions in the G7 region during the 1990-2018 period. The outcomes of the Pesaran and Yamagata and Pesaran CD techniques show that there is a correlation between the cross-sectional units and there is slope heterogeneity among states. This study employed static and dynamic techniques including the Mean Group (MG), Augmented Mean Group (AMG), and CS-ARDL approaches. In the long term, sustainable energy and environmental innovations reduce emissions, while it is augmented by economic expansion and military expenses. The outcomes of the Granger causality test indicated that military expenses cause economic expansion and economic expansion causes emissions. Moreover, sustainable energy and energy innovations affect emissions. Therefore, it is suggested that policymakers should implement eco-friendly strategies such as the distribution of eco-innovation and sustainable energy to promote sustainable development and protect the environment.

References

  1. [1]  Wang, K.H., Su, C.W., Lobon\c{t}, O.R., and Umar, M. (2021), Whether crude oil dependence and CO2 emissions influence military expenditure in net oil importing countries? Energy Policy, 153, 112281.
  2. [2]  Solarin, S.A., Al-mulali, U., and Ozturk, I. (2018), Determinants of pollution and the role of the military sector: evidence from a maximum likelihood approach with two structural breaks in the USA, Environmental Science and Pollution Research, 25(31), 30949-30961.
  3. [3]  Konuk, F., Kaya, E., Akp\i nar, S., and Y\i ld\i z, \c{S} (2023), The relationship between military expenditures, financial development and environmental pollution in G7 countries, Journal of the Knowledge Economy, 1-16.
  4. [4]  Zaman, K. (2019), Does higher military spending affect business regulatory and growth specific measures? Evidence from the group of seven (G-7) countries, Economia Politica, 36(1), 323-348.
  5. [5]  Mensah, C.N., Long, X., Dauda, L., Boamah, K.B., and Salman, M. (2019), Innovation and CO2 emissions: the complimentary role of eco-patent and trademark in the OECD economies, Environmental Science and Pollution Research, 26(22), 22878-22891.
  6. [6]  Shahbaz, M., Raghutla, C., Song, M., Zameer, H., and Jiao, Z. (2020), Public-private partnerships investment in energy as new determinant of CO2 emissions: The role of technological innovations in China, Energy Economics, 86, 104664.
  7. [7]  Zameer, H., Wang, Y., and Yasmeen, H. (2020), Reinforcing green competitive advantage through green production, creativity and green brand image: Implications for cleaner production in China, Journal of Cleaner Production, 247, 119119.
  8. [8]  Baloch, M.A., Danish, and Qiu, Y. (2022), Does energy innovation play a role in achieving sustainable development goals in BRICS countries? Environmental Technology, 43(15), 2290-2299.
  9. [9]  Hong, X., Wu, S., and Zhang, X. (2022), Clean energy powers energy poverty alleviation: Evidence from Chinese micro-survey data, Technological Forecasting and Social Change, 182, 121737.
  10. [10]  Suki, N.M., Suki, N.M., Sharif, A., Afshan, S., and Jermsittiparsert, K. (2022), The role of technology innovation and renewable energy in reducing environmental degradation in Malaysia: A step towards sustainable environment, Renewable Energy, 182, 245-253.
  11. [11]  Yasmeen, H., Tan, Q., Zameer, H., Tan, J., and Nawaz, K. (2020), Exploring the impact of technological innovation, environmental regulations and urbanization on ecological efficiency of China in the context of COP21, Journal of Environmental Management, 274, 111210.
  12. [12]  Li, C., Sampene, A.K., Agyeman, F.O., Brenya, R., and Wiredu, J. (2022), The role of green finance and energy innovation in neutralizing environmental pollution: Empirical evidence from the MINT economies, Journal of Environmental Management, 317, 115500.
  13. [13]  Acheampong, A.O., Dzator, J., Dzator, M., and Salim, R. (2022), Unveiling the effect of transport infrastructure and technological innovation on economic growth, energy consumption and CO2 emissions, Technological Forecasting and Social Change, 182, 121843.
  14. [14]  Umar, M., Ji, X., Kirikkaleli, D., and Xu, Q. (2020), COP21 Roadmap: Do innovation, financial development, and transportation infrastructure matter for environmental sustainability in China? Journal of Environmental Management, 271, 111026.
  15. [15]  Su, C.W., Naqvi, B., Shao, X.F., Li, J.P., and Jiao, Z. (2020), Trade and technological innovation: The catalysts for climate change and way forward for COP21, Journal of Environmental Management, 269, 110774. https://doi.org/10.1016/j.jenvman.2020.110774.
  16. [16]  Solarin, S.A. and Bello, M.O. (2020), Energy innovations and environmental sustainability in the U.S.: The roles of immigration and economic expansion using a maximum likelihood method, Science of the Total Environment, 712, 135594.
  17. [17]  Bashir, M.F., Ma, B., Hussain, H.I., Shahbaz, M., Koca, K., and Shahzadi, I. (2022), Evaluating environmental commitments to COP21 and the role of economic complexity, renewable energy, financial development, urbanization, and energy innovation: Empirical evidence from the RCEP countries, Renewable Energy, 184, 541-550.
  18. [18]  Su, C.W., Pang, L.D., Tao, R., Shao, X., and Umar, M. (2022), Renewable energy and technological innovation: Which one is the winner in promoting net-zero emissions? Technological Forecasting and Social Change, 182, 121798.
  19. [19]  Khattak, S.I., Ahmad, M., Khan, Z.U., and Khan, A. (2020), Exploring the impact of innovation, renewable energy consumption, and income on CO2 emissions: new evidence from the BRICS economies, Environmental Science and Pollution Research, 27(12), 13866-13881.
  20. [20]  Chen, Y. and Lee, C.C. (2020), Does technological innovation reduce CO2 emissions? Cross-country evidence, Journal of Cleaner Production, 263, 121550.
  21. [21]  Ali, U., Guo, Q., Kartal, M.T., Nurgazina, Z., Khan, Z.A., and Sharif, A. (2022), The impact of renewable and non-renewable energy consumption on carbon emission intensity in China: Fresh evidence from novel dynamic ARDL simulations, Journal of Environmental Management, 320, 115782.
  22. [22]  Isiksal, A.Z. (2021), Testing the effect of sustainable energy and military expenses on environmental degradation: evidence from the states with the highest military expenses, Environmental Science and Pollution Research, 28(16), 20487-20498. https://doi.org/10.1007/s11356-020-11735-7.
  23. [23]  Ullah, S., Ahmad, W., Majeed, M.T., and Sohail, S. (2021), Asymmetric effects of premature deagriculturalization on economic growth and CO2 emissions: fresh evidence from Pakistan, Environmental Science and Pollution Research, 28(47), 66772-66786.
  24. [24]  Qayyum, U., Anjum, S., and Sabir, S. (2021), Armed conflict, militarization, and ecological footprint: Empirical evidence from South Asia, Journal of Cleaner Production, 281, 125299.
  25. [25]  Johnstone, P. and McLeish, C. (2020), World wars and the age of oil: Exploring directionality in deep energy transitions, Energy Research and Social Science, 69, 101732.
  26. [26]  Sohag, K., Husain, S., Hammoudeh, S., and Omar, N. (2021), Innovation, militarization, and renewable energy and green growth in OECD countries, Environmental Science and Pollution Research, 28(27), 36004-36017.
  27. [27]  Joof, F. and Isiksal, A.Z. (2021), Do human capital and export diversification decline or augment CO2 emissions? Empirical evidence from the MINT countries, Journal of Environmental Accounting and Management, 9(2), 111-125.
  28. [28]  Isiksal, A.Z. and Assi, A.F. (2022), Determinants of sustainable energy demand in the European economic area?: Evidence from the PMG-ARDL model, Technological Forecasting $\&$ Social Change, 183, 121901.
  29. [29]  Isiksal, A.Z., Assi, A.F., Zhakanov, A., Rakhmetullina, S.Z., and Joof, F. (2022), Natural resources, human capital, and CO2 emissions: Missing evidence from the central Asian states, Environmental Science and Pollution Research, 29(51), 77333-77343.
  30. [30]  Ehigiamusoe, K.U. and Dogan, E. (2022), The role of interaction effect between renewable energy consumption and real income in carbon emissions: Evidence from low-income countries, Renewable and Sustainable Energy Reviews, 154, 111883.
  31. [31]  Rahman, M.M., Sultana, N., and Velayutham, E. (2022), Renewable energy, energy intensity and carbon reduction: Experience of large emerging economies, Renewable Energy, 184, 252-265.
  32. [32]  Namahoro, J.P., Wu, Q., Xiao, H., and Zhou, N. (2021), The asymmetric nexus of renewable energy consumption and economic growth: New evidence from Rwanda, Renewable Energy, 174, 336-346.
  33. [33]  Wang, Z., Ben Jebli, M., Madaleno, M., Do\u{g}an, B., and Shahzad, U. (2021), Does export product quality and renewable energy induce carbon dioxide emissions: Evidence from leading complex and renewable energy economies, Renewable Energy, 171, 360-370.
  34. [34]  Wang, R., Mirza, N., Vasbieva, D.G., Abbas, Q., and Xiong, D. (2020), The nexus of carbon emissions, financial development, renewable energy consumption, and technological innovation: What should be the priorities in light of COP 21 Agreements? Journal of Environmental Management, 271, 111027.
  35. [35]  Ike, G.N., Usman, O., Adewale, A., and Asumadu, S. (2020), Science of the total environment environmental quality effects of income, energy prices and trade?: The role of renewable energy consumption in G-7 countries, Science of the Total Environment, 721, 137813.
  36. [36]  World Bank. (2019), World development indicators, https://data.worldbank.org/indicator.
  37. [37]  BP Statistical. (2019), BP Statistical Review of World Energy. https://www.bp.com/en/global/corporate/energy-econ.
  38. [38]  EIA. (2019), US energy information administration, https://www.eia.gov/totalenergy/data/browser/.
  39. [39]  Pesaran, M.H. (2004), General diagnostic tests for cross section dependence in panels.? Mimeo, University of Cambridge.
  40. [40]  Pesaran, M.H. and Yamagata, T. (2008), Testing slope homogeneity in large panels, Journal of Econometrics, 142(1), 50-93.
  41. [41]  Pesaran, M.H. (2007), A simple panel unit root test in the presence of cross‐section dependence, Journal of Applied Econometrics, 22(2), 265-312.
  42. [42]  Westerlund, J. (2007), Testing for error correction in panel data, Oxford Bulletin of Economics and Statistics, 69(6), 709-748.
  43. [43]  Chudik, A. and Pesaran, M.H. (2015), Common correlated effects estimation of heterogeneous dynamic panel data models with weakly exogenous regressor, Journal of Econometrics, 188(2), 393-420.
  44. [44]  Pesaran, M,H. and Smith, R. (1995), Estimating long-run relationships from dynamic heterogeneous panels, Journal of Econometrics, 68(1), 79-113.
  45. [45]  Eberhardt, M. and Teal, F. (2010), Productivity analysis in global manufacturing production, Working Paper, 515, 1-32.
  46. [46]  Eberhardt, M. and Teal, F. (2011), Econometrics for grumblers: A new look at the literature on cross-country growth empirics, Journal of Economic Surveys, 25(1), 109-155.
  47. [47]  Bildirici, M. (2018), Impact of military on biofuels consumption and GHG emissions: the evidence from G7 countries, Environmental Science and Pollution Research, 25(14), 13560-13568.
  48. [48]  Bildirici, M.E. (2017), The causal link among militarization, economic growth, CO2 emission, and energy consumption, Environmental Science and Pollution Research, 24(5), 4625-4636.
  49. [49]  Dumitrescu, E.I. and Hurlin, C. (2012), Testing for Granger non-causality in heterogeneous panels, Economic Modelling, 29(4), 1450-1460.
  50. [50]  Demir, C., Cergibozan, R., and Ari, A. (2020), Environmental dimension of innovation: time series evidence from Turkey, Environment, Development and Sustainability, 22(3), 2497-2516.

Copyright © 2011-2023 L & H Scientific Publishing. All rights reserved. Wildcard SSL Certificates