Globalisation, Environmental Sustainability, and Green Growth

A special issue of Economies (ISSN 2227-7099).

Deadline for manuscript submissions: 30 June 2025 | Viewed by 1713

Special Issue Editors


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Guest Editor
1. Management and Economics Department, University of Beira Interior, Rua Marquês d’Ávila e Bolama, 6201-001 Covilhã, Portugal
2. NECE-UBI, University of Beira Interior, Rua Marquês d’Ávila e Bolama, 6201-001 Covilhã, Portugal
Interests: foreign direct investment; energy economics

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Guest Editor
1. School of Management and Technology, Santarém Polytechnic University, Complexo Andaluz, Apartado 295, 2001-904 Santarém, Portugal
2. Center for Advanced Studies in Management and Economics (CEFAGE), University of Évora, 7000-809 Évora, Portugal
3. Center for African and Development Studies, Lisbon University, 1200-781 Lisbon, Portugal
Interests: international economics; energy economics; sustainable development; tourism; economic growth
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Special Issue Information

Dear Colleagues,

The literature demonstrates that globalisation and environmental issues can be assessed via the relationship between international trade, FDI and carbon dioxide emissions, or more recently by proposed globalisation indicators, e.g., Dreher (2006), Dreher et al. (2008) and Gygli et al. (2019). Empirical studies in this area show ambiguity between globalisation (economic, political, social, de jure and facto) and the environment. On the other hand, introducing the concept of sustainable development and attending various international conferences on the climate has encouraged the academic community to research the impact of renewable energy and climate change. Empirical results show that the impact of renewable energies can be different on economic growth and sustainable development, depending on the measure used, e.g., the Genuine Progress Indicator or Index of Sustainable Economic Welfare. Furthermore, empirical studies indicate that renewable energy consumption improves the environment and air quality. The purpose of this Special Issue is to examine the complex interrelationships among green growth, environmental sustainability and globalisation.

Submissions for this Special Issue can discuss, but are not limited to, the following topics:

  • How can globalisation be used to promote green growth?
  • The role of globalisation in economic growth vs. sustainable development.
  • Measuring green GDP: beyond traditional economic metrics.
  • Globalisation pathways and their environmental impacts.
  • What lessons can be drawn from successful green growth initiatives?

Dr. Tiago Lopes Afonso
Prof. Dr. Nuno Carlos Leitão
Guest Editors

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Keywords

  • international trade, FDI and pollution emissions
  • globalisation indexes and pollution emissions
  • economic growth and sustainability development
  • tourism demand and pollution emissions
  • agricultural production and climate changes
  • renewable energy and green growth
  • carbon taxes and green growth
  • technology changes and green growth
  • pollution haven and halo hypothesis

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Published Papers (1 paper)

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Research

19 pages, 2708 KiB  
Article
Connectedness between Sustainable Investment Indexes: The QVAR Approach
by Nini Johana Marín-Rodríguez, Juan David Gonzalez-Ruiz and Sergio Botero
Economies 2024, 12(7), 170; https://doi.org/10.3390/economies12070170 - 2 Jul 2024
Viewed by 1196
Abstract
We studied the relationship between sustainable investment indexes and examine whether this relationship varies in bullish, bearish, and stable financial markets. To understand this issue more deeply, we analyzed the connectedness between three indexes—the Sustainable Impact investments, Paris-aligned stocks, and green bonds indexes—using [...] Read more.
We studied the relationship between sustainable investment indexes and examine whether this relationship varies in bullish, bearish, and stable financial markets. To understand this issue more deeply, we analyzed the connectedness between three indexes—the Sustainable Impact investments, Paris-aligned stocks, and green bonds indexes—using the daily closing prices from 1 June 2017 to 15 April 2024, encompassing 1793 observations. We used a quantile vector autoregressive (QVAR) model to understand the dynamic relationship among the considered indices. The findings indicate that sustainable investments are strongly interconnected in both high and low quantiles, but this connection weakens significantly during periods of market stability. The Sustainable Impact investments and Paris-aligned stocks indexes are net transmitters of impacts to other sustainable alternatives, while the green bonds index is a net receiver. We also observed an increase in interconnectedness across all quantiles during the pandemic, the Russia–Ukraine military conflict, and changes in the European Union and the United States’ monetary policies. Full article
(This article belongs to the Special Issue Globalisation, Environmental Sustainability, and Green Growth)
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