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Unlocking the COP28 climate agenda in G10 economies: Do environmental taxes and environmentally-related technologies matter in the natural resource-load capacity factor connection?

Mohammed MusahDepartment of Accounting, Banking and Finance, Business School, Ghana Communication Technology University, Accra, GhanaIsaac AhakwaSchool of Management, University of Science and Technology of China, Hefei, P.R. ChinaSimplice AsonguCentral Asian Center of Development Studies, New Uzbekistan University, Movarounnahr Street 1, Tashkent, 100007, UzbekistanMichael Owusu-AkomeahDepartment of Accounting, Banking and Finance, Business School, Ghana Communication Technology University, Accra, GhanaGeorge Oppong Appiagyei AmpongDepartment of Management Studies, School of Business, Ghana Communication Technology University, PMB 100, Accra North, Ghana
Sustainable Futuresjournal2024en
ABI

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This study examines the role of environmental taxes and environmentally-related technologies in the link between natural resources and load capacity factor in G10 nations over the period 1994 to 2019. Using robust econometric techniques, the study reveals that natural resources damage environmental quality by mitigating the nations’ load capacity factor while environmental taxes and environmentally-related technologies promote sustainable environment by increasing load capacity factor. The relevance of environmental taxes and environmentally-related technologies in moderating the effect of natural resources on environmental quality are dampened by extant average levels of natural resources rents which are negative. Policy implications are discussed.

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