Luqman Shahzad

The crucial role of environmental assessment quality has been recognised by environmental and sustainable development goals in addressing climate change challenges. By focusing on the key identifier of environmental assessment, progress can be made towards overcoming climate change issues effectively. The current study considers environmental commitments under COP28 to study the role of economic complexity, greenfield investments, and energy innovation in environmental degradation in newly industrialised economies from 1995 to 2021. We employ novel panel estimations from CS-ARDL, CS-DL, AMG, and CCEMG to confirm that economic growth and greenfield investments degrade environmental quality. On the other hand, energy innovation and urbanisation improve environmental sustainability. Lastly, we confirm the EKC hypothesis for economic complexity as well. Given the reported empirical findings, the study suggests policymakers must focus on economic complexity to transform industrial sectors’ economic potential. Furthermore, foreign investment projects must be linked with environmental goals to increase renewable energy capacity.

The current study investigates the association of board characteristics with firms’ environmental performance to provide further research and policy implications by carrying out systematic bibliometric analysis. The most potent contribution of the current study was to evaluate the performance of authors, geographical regions, journals and academic institutions to document their impact on the development of current literature. Moreover, the current study has used analytical statistics to examine how current research themes have evolved, and how impediments in existing literature can be overcome. Our analysis allows us to conclude that there is a lack of research collaboration between researchers and institutions in developing and developed countries. Finally, we summarize that the economic literature focuses more on BOD diversity, and there is less focus on theoretical development; non-listed firms, geographical proximity and mediating variables are research areas that need further academic attention. We conclude the current research investigation by identifying new research avenues.

Currently, COVID-19 due to emergence of various variants shows no signs of slowing down and has affected every aspect of life with significant negative impact on economic and energy structures around the world. As a result, the governments around the world have introduced policy responses to help businesses and industrial units to overcome the consequences of compliance with COVID-19 strategies. Our analysis indicates that global energy sector is one of the most severely affected industries as energy price mechanisms, energy demand, and energy supply have shown great uncertainty under these unprecedented economic and social changes. In this regard, we provide brief overview of demand, supply, and pricing structure of energy products as well as policy mechanisms to provide better outlook about how industrial sector can cope with energy consumption in the post pandemic era. We further propose changes in the existing policy mechanisms so that transition towards renewable energy sources under different environmental agreements can be achieved. Moreover, as a reference, we outline major challenges and policy recommendations to ease energy transition from fossil fuels to environmental friendly energy mix.

This study aims to provide a comprehensive knowledge map of tourism and environmental degradation literature review based on scientific articles published between 1999 and 2020. The study provides an overview of research, influential authors, and journals. The PR China has maintained the lead in academic research with the most contribution in academic research in recent years. Sustainability, the Chinese Academy of Sciences, and Katircioglu are the most productive journal, academic institution, and author in the field of tourism and environmental degradation, respectively. The degree of research contribution among researchers, institutional and national level, has an upward trend in recent years, but the research contribution among author level is higher than the institutional and national level. Furthermore, co-citation analysis suggests that research articles in the field are closely related. “Investigating the influence of tourism on economic growth and carbon emissions: Evidence from panel analysis of the European Union” authored by Lee is the most cited article. Our analysis of abstracts and keywords shows that climate change, ecotourism, carbon emissions, economic growth, and energy consumption are the hot spots of academic literature. We suggest that research collaboration between developed and developing nations should be promoted in creating sustainable tourism reforms.

This study aims to provide a detailed overview of environmental Kuznets curve hypothesis using bibliometric analysis for the Web of Science (WOS) database. Our analysis provides an overview of research trends, journals and most influential authors. China has contributed the most scientific publications; followed by the USA, Turkey, and Pakistan. Muhammad Shahbaz, Beijing Institute of Technology, and Environmental Science and Pollution Research are the most productive author, research institute, and research journal in EKC publications. Trend analysis of researchers, academic and country-level, reveal that publications in the environmental Kuznets curve have upward trend; also, cocitation analysis indicates that EKC publications are closely related. “Economic growth and income inequality” (1955) by Simon Kuznets is considered to be the basic literature, and “environmental Kuznets curve hypothesis: A Survey” by Dinda (2004) is the most cited research article in the literature. Keywords and abstracts analysis further reveals that carbon emissions, renewable energy, energy consumption, economic growth, and sustainable development are the hot topics in current literature. We propose that joint research projects between industrial and emerging economies will promote research activities.

This research extends the research into foreign direct investments (FDIs) from emerging economies by integrating locational advantage perspective and institution‐based view to empirically analyze the interactive effect of resource endowment in a host economy and how institutional regulations impact on location choice of investors from emerging economies. Our analysis is based on Chinese outward FDI in 36 Asian and Oceanian economies. Empirical findings indicate that resource endowment is contingent upon regulatory institutions from both home and host country settings. Whereas the political risk bears positive influence over FDI and resource endowment, institutional distance and economic freedom have negative impact, which indicates that resource endowment is more appealing to investments from Chinese firms when institutional distance and economic freedom are low and political risk is high.

In recent months, Covid-19 has caused significant global social and economic distress. Governments and health officials around the world have introduced mandatory preventive measures to combat Covid-19, i.e., hand sanitizers, gloves, and masks, which have contributed to large quantities of medical wastes. Social distancing and mandatory lockdown have also been put in place to protect people from Covid-19. This epidemic has caused severe demographic changes and unemployment, and economic activities have been shut down to save human lives. Transportation and travel industries are most severely hit as global tourism has fallen to almost zero in recent months; as a solution, economic institutes have introduced stimulus packages worth more than $6 trillion. However, restricted economic activities have also contributed towards a cleaner environment. However, environmental changes are not permanent, and the pollution level may rise again in the future. As a result, current research suggests that policymakers must introduce stringent environmental policies to promote clean energy.