Earnings Management to Avoid Earnings Decreases and Losses

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Asian drama, an inquiry intó the poverty of nations

The current study re-investigates the impact of renewable and non-renewable energy consumption on Turkey’s ecological footprint. This study applies Quantile Autoregressive Lagged (QARDL) approach for the period of 1965Q1-2017Q4. We further apply Granger-causality in Quantiles to check the causal relationship among the variables. The results of QARDL show that error correction parameter is statistically significant with the expected negative sign for all quantiles which confirm an existence of significant reversion to the long-term equilibrium connection between the related variables and ecological footprint in Turkey. In particular, the outcomes suggested that renewable energy decrease ecological footprint in long-run on each quantile. However, the results of economic growth and non-renewable energy impact positively to ecological footprint in long-short run period at all quantiles. Finally, we tested the Environmental Kuznets Curve (EKC) hypothesis and the results of QARDL confirmed the EKC in Turkey. Furthermore, the findings of causal investigation from Granger-causality in quantiles evident the presence of a bi-directional causal relationship between renewable energy consumption, energy consumption and economic growth with ecological footprint in the Turkish economy.

Revisiting the role of renewable and non-renewable energy consumption on Turkey’s ecological footprint: Evidence from Quantile ARDL approach

This paper attempts to estimate the environmental Kuznets curve (EKC) in the case of France by taking the role of nuclear energy in electricity production into account. We adopt the autoregressive distributed lag (ARDL) approach to cointegration as the estimation method. Additionally, we examine the stability of the estimated models and investigate the Granger causality relationships between the variables in the system. The results from our estimation provide evidence supporting the EKC hypothesis and the estimated models are shown to be stable over the sample period. The uni-direction running from other variables to CO2 emissions are confirmed from the casualty tests. Specifically, the uni-directional causality relationship running from nuclear energy to CO2 emissions statistically provides evidence on the important role of nuclear energy in reducing CO2 emissions.

Empirical Study on the Environmental Kuznets Curve for CO2 in France: The Role of Nuclear Energy

Revisiting the Environmental Kuznets Curve in Malaysia: The role of globalization in sustainable environment

The role of green finance in reducing CO2 emissions: An empirical analysis

This study scrutinized the asymmetric impact of oil prices, exchange rate, and inflation on tourism demand in Pakistan using [Shin, Y., Yu, B., & Greenwood-Nimmo, M. (2014) Modelling asymme...

Asymmetric impact of oil prices, exchange rate, and inflation on tourism demand in Pakistan: new evidence from nonlinear ARDL

Does oil prices impede Islamic stock indices? Fresh insights from wavelet-based quantile-on-quantile approach

Role of solar energy in reducing ecological footprints: An empirical analysis

The current study investigates the asymmetric effect of inbound tourism on foreign direct investment (FDI) in the world’s top tourist destinations based on monthly data for the period between 1995 and 2017. The quantile-on-quantile (QQ) approach introduced by Sim and Zhou was adopted for this study, because it assesses how various quantiles of inbound tourism affect different quantiles of FDI. Thus, the QQ approach gives a more detailed explanation of the general dependence of inbound tourism and FDI than traditional approaches, such as ordinary least squares or quantile regression. Further, the test of Granger causality in quantiles proposed by Troster et al. was also applied in this study to check the causal relationship between inbound tourism and FDI. The empirical outcomes explain that the relationship between inbound tourism and FDI is mostly positive for all countries except Mexico and Russia on low and middle quantiles, although there are significant differences throughout the nations and across all quantiles of inbound tourism and FDI.

Muhammad Saeed Meo

Papers

The role of green finance in reducing CO2 emissions: An empirical analysis

Asymmetric impact of oil prices, exchange rate, and inflation on tourism demand in Pakistan: new evidence from nonlinear ARDL

Does oil prices impede Islamic stock indices? Fresh insights from wavelet-based quantile-on-quantile approach

Role of solar energy in reducing ecological footprints: An empirical analysis

Investigating the effect of inbound tourism on FDI: The importance of quantile estimations