DANIEL BALSALOBRE LORENTE - Academia.edu (original) (raw)

Papers by DANIEL BALSALOBRE LORENTE

El objetivo de este estudio consiste en la verificación del cumplimiento de la relación en forma ... more El objetivo de este estudio consiste en la verificación del cumplimiento de la relación en forma de U-invertida entre el crecimiento económico y el deterioro medioambiental (Curva de Kuznets Ambiental –CKA–) para España, compatible con la incorporación de un patrón de consumo energético que relaciona el consumo de energía renovable con el consumo de energía convencional. Los resultados obtenidos confirman

Environmental Kuznets Curve (EKC), 2019

Abstract The literature of environmental Kuznets curve has seen numerous evidences of EKCs for va... more Abstract The literature of environmental Kuznets curve has seen numerous evidences of EKCs for various pollutants across a wide array of contexts. While carrying out these exercises, a number of practical issues are being faced by the researchers. Although Stern (2004) has identified some of those issues, they still remained uncovered. In this study, we have put forth the issues on (a) model selection, (b) model validation, (c) data standardization, (d) variable selection and creation, and (e) proxy for environmental degradation. While discussing these issues in brief, we have also provided basic solutions to these problems. These solutions are demonstrated both logically and empirically, while analyzing the exact data used by the authors in their published studies.

Journal of Cleaner Production, 2017

Numerous studies regarding the economic growth-environmental pollution link have struggled to det... more Numerous studies regarding the economic growth-environmental pollution link have struggled to determine the effects of various forms of energy consumption on environmental degradation, particularly in the context of emerging economies. This study examines the environmental Kuznets curve (EKC) for CO 2 emissions in N-11 countries during 1990-2014 by segregating three forms of energy consumption (renewable, biomass and non-renewable). Urbanization and trade openness are additional explanatory variables that are used in the empirical framework. Using the Generalized Moments Method (GMM), the empirical evidence confirms the presence of an N-shaped relationship between economic growth and environmental degradation for N-11 countries. This study analyzed the interaction effects among trade openness, biomass consumption and economic growth; these interactions had a negative impact on CO 2 emissions levels of N-11 countries. Suitable policy recommendations have been provided based on the detailed results.

Journal of Cleaner Production

Environmental Science and Pollution Research

In the contemporary world, environmental degradation has become a concern for human beings. Accor... more In the contemporary world, environmental degradation has become a concern for human beings. Accordingly, the impact of social welfare, economic policy uncertainty, natural resource rents, life expectancy, and trade openness are examined on ecological footprint (the most comprehensive proxy of environmental degradation) in 19 energy-intensive countries from 1997 to 2018. With this in mind, this study used the traditional panel ARDL and CS-ARDL approaches to evaluate how the study's variables influence ecological footprint. Notably, the results of the CS-ARDL approach are more robust due to cross-sectional dependence and slope heterogeneity problems. The outcomes revealed that economic policy uncertainty and trade openness affect the ecological footprint negatively in the short run and positively in the long run. Moreover, social welfare degrades the environment in the long run, and natural resource rents improve environmental quality by mitigating the ecological footprint in the short run and harming the environment in the long run. Besides, life expectancy does not significantly affect ecological footprint in the long or short run. Meanwhile, the results confirmed the bi-directional causal relationship between the study's variable and ecological footprint. Based on the outcomes, the way to adopt effective policies to improve the quality of the environment has been paved. Furthermore, a comprehensive policy framework for stricter environmental regulation is expected to be developed using the outcomes derived from this study.

Energy & Environment

Environmental innovations, investments, and expenses have been identified as an efficient and rel... more Environmental innovations, investments, and expenses have been identified as an efficient and reliable way of addressing ecological issues. Nevertheless, how environmental innovations, investments, and expenses may influence the level of environmental pollution in European nations and whether the outcome may fluctuate among various environmental innovation indicators remain to be inspected. Therefore, this research is designed to empirically scrutinize the influence of environmental innovations, environmental investment, environmental expenditure, research and development (R&D) expenses, and foreign direct investment (FDI) on renewable and non-renewable energy in a sample of 15 European countries during the period from 2005 to 2018. To achieve this, we apply robust panel econometric estimation techniques. After testing the stationary property of the series, the findings of the Pedroni cointegration test disclose the presence of a long-run stable connection among the series. The empi...

SAGE Open

The present study investigates the impact of economic growth, hydropower generation, and urbaniza... more The present study investigates the impact of economic growth, hydropower generation, and urbanization on Malaysia’s CO2 emissions. This study applies Quantile Autoregressive Lagged (QARDL) technique for the period of 1965Q1 to 2018Q4. The Granger-causality in quantiles is applied to confirm the causal nexus among the modeled variables. The outcomes demonstrate that hydropower generation decreases the detrimental effects of CO2 emissions at the range of high quantile levels. Furthermore, urbanization, except for higher quantiles, exhibits negative impacts on CO2 emissions. Also, the QARDL coefficients confirm the presence of the Environmental Kuznets Curve hypothesis from median to higher quantiles. Besides, the Granger-causality test confirms the two-way causality among CO2 emissions and hydropower generation in Malaysia’s economy and the same for the other series. The policymakers should enhance the market attractiveness of hydropower generation projects through incentives for the ...

Energies

Can Pakistan’s environmental-related technologies (ERT) and nuclear and renewable energy mitigate... more Can Pakistan’s environmental-related technologies (ERT) and nuclear and renewable energy mitigate environmental pollution? As global warming and climate change rise dramatically, economies shift to friendly energy substitutions and eco-friendly technologies, contributing to the mitigation of environmental contamination. In this scenario, policy and academic analysts have paid more concentration to renewable and nuclear energy deployment with ERT installation. To achieve this goal, the present study scrutinizes the asymmetric effects of nuclear energy, renewable energy, and ERT on the ecological footprint of Pakistan. The current research applies a novel non-linear autoregressive distributive lag method from 1991 to 2020. The results of the current analysis show that negative changes in nuclear energy increase emissions levels in the long run, while positive and negative changes in renewable energy deployment significantly overcome the burden on the environment. Similarly, positive a...

Econometrics of Green Energy Handbook, 2020

This paper proposes an empirical model for exploring the effect of foreign direct investment, inc... more This paper proposes an empirical model for exploring the effect of foreign direct investment, income, renewable and non-renewable energy consumption, and oil price on carbon emissions in net exporting countries (NECs) and net importing countries (NICs) for the period of 1991–2015. Following the conceptual framework of environmental Kuznets curve (EKC) hypothesis and empirical IPAT framework, the analysis has been carried out. The empirical results indicate that foreign direct investment, income, and renewable energy consumption have an N-shaped association with carbon emissions. On contrary, the impact of non-renewable energy consumption on carbon emissions is positive and the impact of oil price on carbon emissions is negative. Moreover, the empirical evidence recommends long-run policies in connection with the promotion of clean technologies, less dependence on natural resources, and advancement in environmental awareness and incentives for replacing old polluting technologies.

Research Papers in Economics, Jun 14, 2018

This paper examines the impact of biomass energy consumption on CO2 emissions and the environment... more This paper examines the impact of biomass energy consumption on CO2 emissions and the environmental Kuznets curve (EKC) hypothesis in G-7 countries. We also incorporate capitalization, financial development and globalization measures (economic, social and political) as additional determinants of CO2 emissions. This study covers the period of 1980-2014. We apply the generalized moments method (GMM) for empirical analysis. The empirical results reveal that biomass energy consumption contributes to CO2 emissions. The EKC hypothesis is valid in G-7 countries. Capitalization is inversely linked with CO2 emissions. Financial development deteriorates environmental quality. Foreign direct investment (FDI) and trade openness improve environmental quality. Globalization increases CO2 emissions. Institutional quality improves environmental quality through effective economic and environmental policies. Urbanization impedes environmental quality. These results provide new insights for policy makers in designing comprehensive environmental policy by considering biomass energy as an economic tool for sustainable economic development and to improve environmental quality.

Changes in the economic structure and human lifestyle lead to environmental pollution, one of tod... more Changes in the economic structure and human lifestyle lead to environmental pollution, one of today's prime challenges. With this in mind, the main objectives of this study are to evaluate the impacts of economic complexity, natural resources, renewable energy consumption, and foreign direct investment on the ecological footprint in weak, medium, and high levels of institutional quality countries. This study is probably one of the first studies to examine the effect of the economic complexity on ecological footprint and classify countries based on their institutional quality levels. Furthermore, the interaction of economic complexity and natural resources is considered a new variable. For this purpose, the panel vector autoregressive model is used. The results revealed that economic complexity in all countries has a positive impact on ecological footprint, and also it has the greatest impact on ecological footprint among the considered variables. Conversely, the interaction of e...

Sustainable Production and Consumption, 2022

International Journal of Sustainable Transportation, Sep 16, 2021

We investigated the asymmetric effects of energy consumption, car ownership and tourism activitie... more We investigated the asymmetric effects of energy consumption, car ownership and tourism activities on CO2 emissions in the UK. Empirical results from the Non-Linear Autoregressive Distributed Lag (NARDL) model reveal that in the UK, only car ownership has asymmetric effects on emissions with a magnitude of-1.428% (positive) and 10.108% (negative) shocks that highlight the impact of car ownership on emission level in UK while rising energy consumption and GDP have symmetric positive impacts on emissions, and tourism has a negative impact on emissions. Furthermore, on causality analysis, we found a unidirectional causality runs from GDP per capita to car ownership, and that car ownership and tourism both causes energy consumption in a one-way relationship. Apart from encouraging environmentally friendly energy sources to reduce carbon emission in the UK, the 2 short and long-run analyses disclose that economic expansion and energy consumption increase carbon emission. Empirical results also offer a new perspective on the ascending relevance of electric cars in UK. Hence, only policies that discourage the use of carbon emission inputs in the process of production should be encouraged. Electric vehicles seem to be more efficient when compared to combustion engines because most energy put in the battery is used to drive the cars and wastes less energy when they are driven in cities. This can be achieved by increasing tariffs and decreasing quotas on internal combustion-powered cars. Subsequently, promote and increase usage of electric vehicles that reduce greenhouses

Journal of Public Affairs, 2020

Given that an expansive impact of the European Regional Development Fund (ERDF) aid on public inv... more Given that an expansive impact of the European Regional Development Fund (ERDF) aid on public investment is expected, two models have been estimated to determine, respectively, the size of this impact and the relationship between the own financing of regional public investment and the external financing received from ERDF in Spanish regions. Evidence has been obtained that the impact of transfers from the ERDF

This study empirically estimates the impact of clean and non-clean energy consumption on economic... more This study empirically estimates the impact of clean and non-clean energy consumption on economic growth and carbon dioxide emissions within the framework of the environmental Kuznets curve and pollution haven hypothesis in the case of PIMC countries from 1980 to 2019. The results of the panel cointegration test proposed by Westerlund (2007) show a long-term equilibrium relationship among the variables of each designated model. The long-term elasticities of economic growth and carbon emission estimated by AMG, CCEMG and MG estimators indicate that both clean and non-clean energy consumption have a significant impact on economic growth, while carbon emission hinders growth. The results also reveal that economic growth, non-clean energy consumption and interaction between trade openness and non-clean energy consumption have a driving effect on carbon dioxide emission, however, clean energy consumption is found to reduce carbon emission. In addition, the analysis confirms the existence...

El presente estudio aborda la correccion producida en el nivel de emisiones de gases efecto inver... more El presente estudio aborda la correccion producida en el nivel de emisiones de gases efecto invernadero (GEI) a traves del papel que, junto al crecimiento economico, juegan tanto la innovacion en tecnologia energetica como el patron de consumo energetico por fuentes de origen renovable; donde ademas se incorpora al analisis, a traves de una variable moderadora, el impacto que el nivel de renta ejerce sobre la sustitucion energetica en dicho proceso de correccion medioambiental. Para tal fin, se ha utilizado el argumento metodologico que propone la Curva de Kuznets Ambiental -CKA-, a traves del diseno de un modelo econometrico con datos de panel de efectos fijos para 24 paises de la OCDE en el periodo 1992-2010. Con las limitaciones de alcance propias de los datos utilizados, hemos obtenido evidencia de que el esfuerzo de las administraciones en innovacion y sustitucion energetica se asocia con la reduccion en el nivel de emisiones GEI. The main objective of this study is to analyze ...

Carbon Footprint and the Industrial Life Cycle, 2017

This chapter presents the relationship between economic growth and environmental pollution throug... more This chapter presents the relationship between economic growth and environmental pollution through the theoretical hypothesis of the Environmental Kuznets Curve (EKC). Moreover, it attempts to illustrate the impact of renewable energy sources and energy Research, Development and Demonstration (RDD) on environmental degradation in countries around the world. Many studies have confirmed the existence of an inverted N-shaped EKC pattern in the relationship between income level and the environmental degradation process. These results also indicate that energy regulation processes delay technological obsolescence once economies have reached the early stages of the decontamination process, which, in the long-run, means that an increase in income threshold is required before there can be a return to rising pollution levels. Furthermore, this chapter explains the environmental pollution process through an analysis of low-carbon technologies. It also introduces how income levels affect energy consumption and explains how higher energy demand leads to a larger share of fossil sources in energy mix and, thus, an increase in greenhouse gas (GHG) emission levels. Finally, this chapter offers an empirical approach to the positive impact that energy innovation policies exert over the replacement of polluting sources with renewable ones and explains how these measures help to control environmental pollution levels. In addition, Administrations’ regulatory policies help to delay technical obsolescence and also control the scale effect that causes economies to return to increasing pollution levels. Although the promotion of energy innovation actions has a direct impact on the reduction of GHG emissions, this chapter concludes that, in the long-term, it is necessary to continue implementing energy innovation measures to delay technical obsolescence and, thus, delay the return to a stage of increasing GHGpc emissions.