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Öğe Another outlook to sector-level energy consumption in Pakistan from dominant energy sources and correlation with economic growth(2020) Öztürk, İlhan; Rehman, Abdul; Ma, Hengyun; Ahmad, Munir; Irfan, Muhammad; Rauf, AbdulThe present study seeks to investigate the sector-level energy consumption of oil and natural gas and to explore the linkage between economic growth, households, agriculture, industry, power, fertilizers, and commercial sector in Pakistan for the period of 1980–2016. The energy sector of Pakistan is facing severe crisis from the last few years due to inadequate production and supply. Long-lasting deficits of natural gas and oil, the two supreme types of fuel in Pakistan, had detrimental consequences for the growth as well as for the economic development. An autoregressive distributed lag (ARDL) method and Granger causality test under vector error correction model (VECM) were employed to check the association among the variables. Furthermore, the innovative accounting method was used to investigate the responsiveness of each variable to another within the study framework. Empirical results show long-run association among the variables, as oil consumption in the agriculture and power sector show a positive effect on Pakistan’s economic growth. Similarly, energy consumption from natural gas in the households and fertilizers as well as in the industry sector has had a constructive association with economic growth. In contrast, energy consumption from oil in the households and industry sectors has adverse association with economic growth, while natural gas consumption in the commercial sector has negative linkage with economic growth. Possible steps should be taken by the Government of Pakistan to enhance the production of oil and natural gas from other alternatives to meet the requirements of these sectors.Öğe Asymmetric investigation to track the effect of urbanization, energy utilization, fossil fuel energy and CO2 emission on economic efficiency in China: another outlook(Springer Heidelberg, 2021) Rehman, Abdul; Ma, Hengyun; Chishti, Muhammad Zubair; Ozturk, Ilhan; Irfan, Muhammad; Ahmad, MunirThe accelerated urbanization in China was already coupled with a steadily increasing demand for energy usage. The present study major aim was to determine the asymmetric influence of urbanization, energy utilization, fossil fuel energy and CO2 emission on economic progress in China by using an annual time series data varies from 1975 to 2017. Stationarity amid variables was verified by applying the unit root tests, while non-linear autoregressive distributed lag (NARDL) bounds testing model was used to examine the asymmetric impacts on variables with short- and long-run dynamics. Outcomes revealed that via short-run estimates, the negative shocks of energy usage cause significantly to increase the economic efficiency, but positive shocks of energy utilization display the adverse linkage with the economic progress. Similarly, the negative shocks of GDP per capita growth demonstrate a substantial upsurge in the economic progress, and the positive shocks establish the adverse influence towards economic growth. Further, the outcomes of short-run dynamics also exposed the negative shocks of urbanization significantly affected the economic growth, but positive shocks exposed the adversative influence on economic growth. The outcomes display that fossil fuel energy consumption showed a constructive impact to economic progress, and additionally, the variable CO2 emission also uncovered a positive shocks having significant impact on economic progress. Furthermore, the outcomes of long-run analysis express that energy utilization has negative and positive shocks that expose the adverse influence on economic progress of China. GDP per capita growth exposed the constructive influence on the economic growth in both shocks. The negative and positive shocks of urbanization demonstrate a noteworthy influence on economic growth. The variable fossil fuel energy consumption also exposed an optimistic influence on economic progress, and finally the influence of CO2 emission on economic growth is insignificant as the results exposed. The reducing carbon alteration target aims to be reached for China, and in the next several decades, it will encourage the green energy options in order to decrease carbon dioxide emission to avoid environmental pollution by raising its energy intensity.Öğe Consumers’ intention-based influence factors of renewable energy adoption in Pakistan: a structural equation modeling approach(2020) Irfan, Muhammad; Rehman, Abdul; Öztürk, İlhan; Zhao, Zhen-YuAs the adoption of renewable energy (RE) is a complex and intricate procedure affected by a wide range of factors, it prompts traction among researchers to examine these influence factors. The aim of this study is to scrutinize the factors affecting consumers’ intention to adopt RE for household use in Pakistan. The current research has contributed through expanding the structural framework of the theory of planned behavior by incorporating three novel factors (perception of self-effectiveness, perception of neighbor’s participation, and belief about RE benefits) to have a deep insight into the factors that motivate or inhibit consumers to adopt RE. Outcomes are based on the primary data compiled from 353 households in the five main cities of Pakistan accompanying an inclusive survey. The state-of-the-art structural equation modeling was utilized to test and analyze the proposed hypotheses. The results signify that the influencing factors such as perception of self-effectiveness, awareness of RE, and perception of neighbor’s participation impart a positive effect on consumers’ intention to adopt RE, whereas cost of RE generation has an opposite effect. Interestingly, environmental concern and belief about RE benefits found to have neutral effects. Research results emphasize the need to enhance public awareness, reform policy structure, transform social norms, and highlight the benefits that RE provides, all through an integrative and coherent way.Öğe Do Tourism Development, Energy Consumption and Transportation Demolish Sustainable Environments? Evidence from Chinese Provinces(MDPI, 2021) Rauf, Abdul; Ozturk, Ilhan; Ahmad, Fayyaz; Shehzad, Khurram; Chandiao, Abbas Ali; Irfan, Muhammad; Abid, SairaChina is performing a dominant role in the world's economic growth, but it has mainly been the commencement of the Belt and Road Initiative (BRI) that has significantly increased its importance around the world. Recently, the emergence of the tourism industry has been considered as an alternative for sustainable economic and ecological development, which is ironic. Although China is promoting tourism in various regions under The New Normal phase, it needs to proactively address the challenges of dismantling, for the environment. The fundamental objective of the current study is to determine the long-term affiliation between tourism development, economic progress, transportation, energy consumption, value added hotel catering services, and environmental degradation (CO2) for a panel of thirty (30) provinces of China over the period of 1995-2017. Primarily, we applied the CD test for investigating cross dependence; subsequently, conventional and CD based panel unit root tests (CIPS) were carried out to deal with the puzzle of the stationarity of the panel series. The results of the dynamics panel, DOLS, FMOLS, and PMG, indicated that transportation, energy consumption, and value added hotel and catering services have a strong positive association with carbon emission, but tourism development has mixed links with ecological degradation. Additionally, the causative based test revealed the bidirectional association of tourism development, transportation, economic progress, and energy consumption with environmental quality. The retrieved estimates conferred a few guidelines, concerning the presence of BRI projects, for the Chinese administration at the provincial and national level: initiating the renewable based energy projects and possibly wishing to decrease the use of fossil fuel based energy in the industry, transportation, and hotels and catering sectors. Furthermore, the prevalence of green investment in provinces may motivate economic progress and tourism development, without worsening the atmosphere.
