Heterogeneous impact of industrialization, foreign direct investments, and technological innovation on carbon emissions intensity: Evidence from Kingdom of Saudi Arabia

Uzair Ali, Qingbin Guo, Zhanar Nurgazina, Arshian Sharif (), Mustafa Kartal, Serpil Kılıç Depren and Aftab Khan

Applied Energy, 2023, vol. 336, issue C, No S030626192300168X

Abstract: In recent years, policy experts have engaged in a spirited discussion over the relationship between environmental quality and energy use. This association is critical for the mitigation of climate change and achieving Sustainable Development Goals (SDGs). Furthermore, current studies have not given enough consideration to this relation, notably in the case of the Kingdom of Saudi Arabia (KSA). Therefore, this study examines the KSA case, focuses on the connection of industrialization, foreign direct investments, and technological innovation with carbon emissions intensity (CEI) by also considering urbanization and energy use, examines the period between 1991 and 2020, and uses quantile-on-quantile (QQ) regressionand quantile regression (QR) approaches for empirical examination. The empirical outcomes revealthat (i) urbanization and energy usehave an increasing impact on CEIin all quantiles; (ii) industrialization, foreign direct investments, and technological innovation have a generally decreasing impact on the CEI in most quantiles; (iii) power of the factors’ impact on the CEI change according to quantiles; (iv) the robustness the findings is also validated. Hence, theresults highlight the importance of quantile-based analysis and suggest that KSA authorities need to embrace environment-friendly policies while managing environmental pollution to develop industrialization level and technological innovation as well as increase foreign direct investments.

Keywords: Carbon emissions intensity; Industrialization; Technological innovation; Energy use; Quantile-on-quantile; Saudi Arabia (search for similar items in EconPapers)
Date: 2023
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (15)

Downloads: (external link)
http://www.sciencedirect.com/science/article/pii/S030626192300168X
Full text for ScienceDirect subscribers only

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:eee:appene:v:336:y:2023:i:c:s030626192300168x

Ordering information: This journal article can be ordered from
http://www.elsevier.com/wps/find/journaldescription.cws_home/405891/bibliographic
http://www.elsevier. ... 405891/bibliographic

DOI: 10.1016/j.apenergy.2023.120804

Access Statistics for this article

Applied Energy is currently edited by J. Yan

More articles in Applied Energy from Elsevier
Bibliographic data for series maintained by Catherine Liu ().