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DOI10.1016/j.gr.2022.11.001
The impact of economic complexity, technology advancements, and nuclear energy consumption on the ecological footprint of the USA: Towards circular economy initiatives
Hassan, Syed Tauseef; Wang, Ping; Khan, Irfan; Zhu, Bangzhu
发表日期2023
ISSN1342-937X
EISSN1878-0571
起始页码237
结束页码246
卷号113
英文摘要The circular economy decouples economic activity from finite resource consumption, creating a resilient system that can tackle global challenges such as climate change, biodiversity loss, waste, and pollution. Nuclear energy has been designated as one of the primary concerns of energy sector modernization because it allows for significant reductions in dangerous material emissions into the environment. Therefore, nuclear energy and improved technologies may become critical growth areas aligned with circular economy principles. We use Dynamic Autoregressive Distributive Lag (DARDL) and Kernel-based Regularized Least Squares (KRLS) to analyze United States data from 1985 to 2016 empirically. The DARDL result shows a positive relationship between ecological footprint and economic complexity, increasing short-term environmental costs. However, nuclear power generation and improved technology significantly reduce ecological concerns. Economic complexity is explored in this work in more nuanced terms, emphasizing the importance of considering the external environment when implementing different economic activities. Policy implications, study limitations, and future research directions are discussed. (c) 2022 International Association for Gondwana Research. Published by Elsevier B.V. All rights reserved.
英文关键词Ecological Footprint; Economic Complexity; Nuclear Energy; Improving Technology; Circular Economy; USA
语种英语
WOS研究方向Geosciences, Multidisciplinary
WOS类目Science Citation Index Expanded (SCI-EXPANDED)
WOS记录号WOS:000927845300003
来源期刊GONDWANA RESEARCH
文献类型期刊论文
条目标识符http://gcip.llas.ac.cn/handle/2XKMVOVA/280877
作者单位Nanjing University of Information Science & Technology; Jinan University; Beijing Institute of Technology; Guangxi University; Federal Urdu University of Arts Science & Technology
推荐引用方式
GB/T 7714
Hassan, Syed Tauseef,Wang, Ping,Khan, Irfan,et al. The impact of economic complexity, technology advancements, and nuclear energy consumption on the ecological footprint of the USA: Towards circular economy initiatives[J],2023,113.
APA Hassan, Syed Tauseef,Wang, Ping,Khan, Irfan,&Zhu, Bangzhu.(2023).The impact of economic complexity, technology advancements, and nuclear energy consumption on the ecological footprint of the USA: Towards circular economy initiatives.GONDWANA RESEARCH,113.
MLA Hassan, Syed Tauseef,et al."The impact of economic complexity, technology advancements, and nuclear energy consumption on the ecological footprint of the USA: Towards circular economy initiatives".GONDWANA RESEARCH 113(2023).
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