IDEAS home Printed from https://ideas.repec.org/a/spr/jknowl/v15y2024i4d10.1007_s13132-024-01953-6.html
   My bibliography  Save this article

How Do Economic Growth, Renewable Energy Consumption, and Political Stability Affect Environmental Sustainability in the United States? Insights from a Modified Ecological Footprint Model

Author

Listed:
  • Tunahan Hacıimamoğlu

    (Recep Tayyip Erdogan University)

  • Oğuzhan Sungur

    (Recep Tayyip Erdogan University)

Abstract

In the last century, global warming and environmental pollution issues have reached the levels that threaten humanity. Competition on economic growth is considered one of the primary causes of environmental pollution. It has increased the significance of sustainable development and renewable energy consumption. Within the scope of sustainable development, the countries with large economies bear a greater responsibility to reduce environmental pollution. This study aims to investigate the effect of economic growth, renewable energy consumption, and political stability on environmental degradation in the United States (US) for the period 1984–2017. A comprehensive econometric analysis is conducted by using the Fourier Autoregressive Distributed Lag (FARDL) test in this study. The results of the cointegration tests indicate that economic growth, renewable energy consumption, and political stability are cointegrated with the ecological footprint pressure index representing the environmental degradation. The FARDL test results reveal that economic growth increases environmental degradation, whereas renewable energy consumption and political stability mitigate environmental degradation in both the short- and long-run. This study provides policy recommendations aiming to increase renewable energy consumption and political stability within the context of sustainable development.

Suggested Citation

  • Tunahan Hacıimamoğlu & Oğuzhan Sungur, 2024. "How Do Economic Growth, Renewable Energy Consumption, and Political Stability Affect Environmental Sustainability in the United States? Insights from a Modified Ecological Footprint Model," Journal of the Knowledge Economy, Springer;Portland International Center for Management of Engineering and Technology (PICMET), vol. 15(4), pages 20649-20676, December.
    • Handle: RePEc:spr:jknowl:v:15:y:2024:i:4:d:10.1007_s13132-024-01953-6
    DOI: 10.1007/s13132-024-01953-6
    as

    Download full text from publisher

    File URL: http://link.springer.com/10.1007/s13132-024-01953-6
    File Function: Abstract
    Download Restriction: Access to the full text of the articles in this series is restricted.
    File URL: https://libkey.io/10.1007/s13132-024-01953-6?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    More about this item

    Keywords

    Sustainable development; Environmental degradation; Environmental Kuznets curve hypothesis; Renewable energy consumption; Political stability; Fourier ARDL;
    All these keywords.

    JEL classification:

    • C22 - Mathematical and Quantitative Methods - - Single Equation Models; Single Variables - - - Time-Series Models; Dynamic Quantile Regressions; Dynamic Treatment Effect Models; Diffusion Processes
    • Q01 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - General - - - Sustainable Development
    • Q20 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Renewable Resources and Conservation - - - General
    • Q57 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Ecological Economics

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:spr:jknowl:v:15:y:2024:i:4:d:10.1007_s13132-024-01953-6. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Sonal Shukla or Springer Nature Abstracting and Indexing (email available below). General contact details of provider: http://www.springer.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.