Do the asymmetric effects of eco-digitalization amidst energy transition make or mar the strides toward environmental sustainability in the USA?

被引:7
|
作者
Han, Fangbin [1 ]
Ibrahim, Ridwan Lanre [2 ]
Tang, Jun [1 ]
Al-Mulali, Usama [3 ]
机构
[1] Inner Mongolia Univ Sci & Technol, Sch Sci, Baotou 014010, Peoples R China
[2] Univ Lagos, Dept Econ, Lagos, Lagos State, Nigeria
[3] Sohar Univ, Fac Business, Sohar, Oman
关键词
Eco-digitalization; Green financing; Green technology; Energy transition; Regulatory quality; Sustainable environment;
D O I
10.1007/s11356-023-31007-4
中图分类号
X [环境科学、安全科学];
学科分类号
08 ; 0830 ;
摘要
The present era faces adverse effects of the strides recorded in economic advancements of the prior generations thus leading the present generation to growth dilemma. Consequently, there is a conscientious consideration for the ecological effects of economic growth. To resolve the preceding issue, due consideration must be given to harmless growth of which eco-digitalization, green financing, green technology, energy transition, and regularity quality are key determinants. Despite the aforesaid importance, empirical studies advancing this nexus are scarce. Hence, this study contributes to environment empirics by providing empirical evidence for the impacts of the highlighted indicators on sustainable environment in the USA. The study explores quarterly data from 1996Q1 to 2019Q4 based on the novel non-linear autoregressive distributed lag (ARDL) model. The pretests' outcomes show that long-run nexus exists among the variables, whereas the Zivot-Andrew uncovers breakpoint years in the observations. The main findings show that eco-digitalization, green financing, green technology, and renewable energy promote sustainable environment. On the flip side, non-renewable energy and regulatory quality hinder the pathways to sustaining the environment in the USA. Robustness analyses conducted based on FMOL, DOLS, and CCR provide substantial support and validity for the main results. Furthermore, the causality nexus lends empirical support for the existence of bidirectional and unidirectional causalities in the empirical model. Policy insights that drive the paths to sustainability in the US are suggested based on the findings.
引用
收藏
页码:123412 / 123426
页数:15
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