Dynamic environmental quality effect of nuclear energy
intensity, structural changes, and natural resources in
Pakistan: testing load capacity factor hypothesis evidence

J 2024

Dynamic environmental quality effect of nuclear energy intensity, structural changes, and natural resources in Pakistan: testing load capacity factor hypothesis evidence

OZKAN, Oktay, Andrew Adewale ALOLA a Kayode Kolawole ELUWOLE

Základní údaje

Originální název

Dynamic environmental quality effect of nuclear energy intensity, structural changes, and natural resources in Pakistan: testing load capacity factor hypothesis evidence

Autoři

OZKAN, Oktay, Andrew Adewale ALOLA a Kayode Kolawole ELUWOLE

Vydání

ENVIRONMENT DEVELOPMENT AND SUSTAINABILITY, NETHERLANDS, SPRINGER, 2024, 1387-585X

Další údaje

Jazyk

angličtina

Typ výsledku

Článek v odborném periodiku

Utajení

není předmětem státního či obchodního tajemství

Impakt faktor

Impact factor: 4.900 v roce 2022

Organizační jednotka

Ekonomicko-správní fakulta

DOI

http://dx.doi.org/10.1007/s10668-024-04806-z

UT WoS

001208963500002

Klíčová slova anglicky

Pakistan; Load capacity curve hypothesis; Nuclear energy intensity; Structural changes; Dynamic ARDL simulations

Změněno: 12. 9. 2024 12:57, Mgr. Alžběta Karolyiová

Anotace

V originále

With both electricity and clean energy cooking accessible to 40 million and over 100 million people respectively, Pakistan's ecological challenges could persist as long as the energy-related issues remained unsolved. This is the motivation for examining the drivers of the country's biocapacity and ecological footprint vis-a-vis load capacity factor (LCF) from the perspective of nuclear energy intensity, natural resources, structural change, and economic growth. By using the recently developed simulation of autoregressive distributed lag for dataset that covers 1971 to 2021, this investigation found that nuclear energy intensification and structural change both improves environmental quality by increasing the country's ratio of biocapacity against its ecological footprint in the long run. Specifically, nuclear energy intensity and structural change have respective elasticities of 0.02 and 0.34 with LCF. With the country's nuclear energy supply far below the natural gas, oil, and biofuels and waste sources, the country might as well be encouraged to increase the development of nuclear energy in tackling the persistent environmental woes. Contrarily, the investigation established that natural resources in the country is detrimental to environmental quality but only in the short run because a percent increase in natural resources is responsible for similar to 0.035 percent decline in LCF. Importantly, an inverted U-shaped relationship ensued between economic growth and LCF but only statistically significant in the long-run i.e. invalidating LCF hypothesis, thus suggesting an undesirable environmental consequence of economic prosperity. As a policy, and given the novel perspectives of nuclear energy intensity and structural change dynamics, these results incentivize Pakistan's nuclear energy development drive and among among other environmental and economic policy initiatives.

Citovat

OZKAN, Oktay, Andrew Adewale ALOLA a Kayode Kolawole ELUWOLE. Dynamic environmental quality effect of nuclear energy intensity, structural changes, and natural resources in Pakistan: testing load capacity factor hypothesis evidence. ENVIRONMENT DEVELOPMENT AND SUSTAINABILITY. NETHERLANDS: SPRINGER, 2024, 18 s. ISSN 1387-585X. Dostupné z: https://dx.doi.org/10.1007/s10668-024-04806-z.

@article{2401137,
   author = {Ozkan, Oktay and Alola, Andrew Adewale and Eluwole, Kayode Kolawole},
   article_location = {NETHERLANDS},
   doi = {http://dx.doi.org/10.1007/s10668-024-04806-z},
   keywords = {Pakistan; Load capacity curve hypothesis; Nuclear energy intensity; Structural changes; Dynamic ARDL simulations},
   language = {eng},
   issn = {1387-585X},
   journal = {ENVIRONMENT DEVELOPMENT AND SUSTAINABILITY},
   title = {Dynamic environmental quality effect of nuclear energy intensity, structural changes, and natural resources in Pakistan: testing load capacity factor hypothesis evidence},
   year = {2024}
}

TY  - JOUR
ID  - 2401137
AU  - Ozkan, Oktay - Alola, Andrew Adewale - Eluwole, Kayode Kolawole
PY  - 2024
TI  - Dynamic environmental quality effect of nuclear energy intensity, structural changes, and natural resources in Pakistan: testing load capacity factor hypothesis evidence
JF  - ENVIRONMENT DEVELOPMENT AND SUSTAINABILITY
PB  - SPRINGER
SN  - 1387585X
KW  - Pakistan
KW  - Load capacity curve hypothesis
KW  - Nuclear energy intensity
KW  - Structural changes
KW  - Dynamic ARDL simulations
N2  - With both electricity and clean energy cooking accessible to 40 million and over 100 million people respectively, Pakistan's ecological challenges could persist as long as the energy-related issues remained unsolved. This is the motivation for examining the drivers of the country's biocapacity and ecological footprint vis-a-vis load capacity factor (LCF) from the perspective of nuclear energy intensity, natural resources, structural change, and economic growth. By using the recently developed simulation of autoregressive distributed lag for dataset that covers 1971 to 2021, this investigation found that nuclear energy intensification and structural change both improves environmental quality by increasing the country's ratio of biocapacity against its ecological footprint in the long run. Specifically, nuclear energy intensity and structural change have respective elasticities of 0.02 and 0.34 with LCF. With the country's nuclear energy supply far below the natural gas, oil, and biofuels and waste sources, the country might as well be encouraged to increase the development of nuclear energy in tackling the persistent environmental woes. Contrarily, the investigation established that natural resources in the country is detrimental to environmental quality but only in the short run because a percent increase in natural resources is responsible for similar to 0.035 percent decline in LCF. Importantly, an inverted U-shaped relationship ensued between economic growth and LCF but only statistically significant in the long-run i.e. invalidating LCF hypothesis, thus suggesting an undesirable environmental consequence of economic prosperity. As a policy, and given the novel perspectives of nuclear energy intensity and structural change dynamics, these results incentivize Pakistan's nuclear energy development drive and among among other environmental and economic policy initiatives.
ER  -

OZKAN, Oktay, Andrew Adewale ALOLA a Kayode Kolawole ELUWOLE. Dynamic environmental quality effect of nuclear energy intensity, structural changes, and natural resources in Pakistan: testing load capacity factor hypothesis evidence. \textit{ENVIRONMENT DEVELOPMENT AND SUSTAINABILITY}. NETHERLANDS: SPRINGER, 2024, 18 s. ISSN~1387-585X. Dostupné z: https://dx.doi.org/10.1007/s10668-024-04806-z.

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