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Renewables and Sustainable Economic Growth

A special issue of Sustainability (ISSN 2071-1050). This special issue belongs to the section "Resources and Sustainable Utilization".

Deadline for manuscript submissions: closed (15 August 2023) | Viewed by 3664

Special Issue Editors

Department of Economics, University of Johannesburg, Johannesburg, ‎South Africa
Interests: inclusive development; sustainable development; environmental economics
Department of International Logistics and Transportation, Faculty of Economics Administrative and Social sciences, Istanbul Gelisim University, Istanbul 34310,Turkey
Interests: energy and environmental economics; climate change; environmental sustainability
Special Issues, Collections and Topics in MDPI journals
Faculty of Business and Management Sciences, Superior University, Lahore, Pakistan
Interests: sustainable finance; financial econometrics; financial economics; applied finance; tourism; environmental sustainability

Special Issue Information

“We cannot solve our problems with the same thinking we used when we created them.”

Albert Einstein

Dear Colleagues,

Energy is one of the most crucial factors in achieving sustainable economic growth, but the current state of the global economy is in jeopardy due to factors such as increased energy demand caused by an increasing global population and industrialization, which has resulted in the rapid consumption of traditional energy resources such as oil, coal, and natural gas (Armeanu et al.,2017). However, the continued reliance on such fuels to meet the rising energy demand would only expedite environmental deterioration. For instance, the U.S. Energy Information Administration (EIA) has predicted that global energy consumption will increase by 48 percent by 2040; as a result, there is an obvious need for low-carbon solutions (Gottschamer & Zhang, 2016). To combat this issue, policymakers must act quickly to implement effective environmental measures that will benefit both current and future generations.

Sustainable growth attempts to achieve intergenerational equity while also safeguarding the environment. From this perspective, renewable energy is seen as a clean source of energy with minimal greenhouse gas emissions that contributes to environmental protection. The relevance of the aforementioned issue can be seen in the focus of the United Nations’ Sustainable Development Goals (SDGs). Accordingly, most of the SDGs focus on sustainable development targets, such as Good Health and Well-being (SDG3), Clean Water and Sanitation (SDG6), Affordable and Clean Energy (SDG7), and Climate Action (SDG13). In this Special Issue, we aim to publish articles regarding the aforementioned phenomena in order to fully comprehend them. Themes may include but are not limited to:

  • Renewable energy and sustainable growth;
  • Sustainable economy;
  • Green growth;
  • Sustainability and clean energy exploration and consumption;
  • Green energy and green finance;
  • Energy efficiency, climate change, and sustainable development;
  • Renewable energy systems for smart cities;
  • Renewable energy sources and technologies;
  • Technologies for carbon neutrality;
  • Energy economics and markets;
  • Economy transition;
  • Energy policy;
  • Renewable energy evolution and transition.

References

Armeanu, D.S.; Vintila, G.; Gherghina, S.C. Does renewable energy drive sustainable economic growth? multivariate panel data evidence for EU-28 countries. Energies 2017, 10, 381.

Gottschamer, L.; Zhang, Q. Interactions of factors impacting implementation and sustainability of renewable energy sourced electricity. Renew. Sustain. Energy Rev. 2016, 65, 164–174.

U.S. Energy Information Administration. International Energy Outlook 2016. Available online: https://www.eia.gov/outlooks/ieo/pdf/0484(2016).pdf (accessed on 8 August 2022).

Prof. Dr. Simplice A. Asongu
Dr. Festus Victor Bekun
Dr. Muhammad Saeed Meo
Guest Editors

Manuscript Submission Information

Manuscripts should be submitted online at www.mdpi.com by registering and logging in to this website. Once you are registered, click here to go to the submission form. Manuscripts can be submitted until the deadline. All submissions that pass pre-check are peer-reviewed. Accepted papers will be published continuously in the journal (as soon as accepted) and will be listed together on the special issue website. Research articles, review articles as well as short communications are invited. For planned papers, a title and short abstract (about 100 words) can be sent to the Editorial Office for announcement on this website.

Submitted manuscripts should not have been published previously, nor be under consideration for publication elsewhere (except conference proceedings papers). All manuscripts are thoroughly refereed through a single-blind peer-review process. A guide for authors and other relevant information for submission of manuscripts is available on the Instructions for Authors page. Sustainability is an international peer-reviewed open access semimonthly journal published by MDPI.

Please visit the Instructions for Authors page before submitting a manuscript. The Article Processing Charge (APC) for publication in this open access journal is 2400 CHF (Swiss Francs). Submitted papers should be well formatted and use good English. Authors may use MDPI's English editing service prior to publication or during author revisions.

 

Published Papers (2 papers)

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Research

14 pages, 2445 KiB  
Article
Green Production Management and Innovation Nexus: Evidence from Technology-Based SMEs of China
by Lianjie Zhou and Yuhui Dai
Sustainability 2023, 15(6), 4710; https://doi.org/10.3390/su15064710 - 07 Mar 2023
Viewed by 1116
Abstract
This paper aims to study the relationship between green production management and enterprise innovation through empirical analysis of China’s technology-based small and medium-sized enterprises (SMEs). It can promote the improvement of the production management efficiency of enterprises. The rapid development of information technology [...] Read more.
This paper aims to study the relationship between green production management and enterprise innovation through empirical analysis of China’s technology-based small and medium-sized enterprises (SMEs). It can promote the improvement of the production management efficiency of enterprises. The rapid development of information technology and the change in social productivity has changed lifestyles in ways that trigger certain challenges in production management, especially in technology-based SMEs. The main issue is the role of leaders and organizational practices. Therefore, this paper designs and improves the structural and operating mechanisms of technology-based SMEs by employing the person fit and evolutionary game models. This paper gathers data from technology-based SMEs of Zhejiang Province, China, by conducting a questionnaire-based survey. The principle of person-environment fit revealed the positive leadership skills of enterprise managers. In addition, the evolutionary game model revealed the re-optimization of SMEs to improve management efficiency through reforming enterprises’ organization, management, and supervision mechanisms. Finally, strengthening collaborative innovation, improving innovation support services, grasping the balanced scale of the system, and boosting the innovation habitat for the healthy and innovative ecosystem of technology-based SMEs are proposed. This paper provides suggestions for policymakers to expand and upgrade management, especially in technology-based enterprises. Full article
(This article belongs to the Special Issue Renewables and Sustainable Economic Growth)
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14 pages, 1088 KiB  
Article
Sustainable Economic Growth and FDI Inflow: A Comparative Panel Econometric Analysis of Low-Income and Middle-Income Nations
by Mohammad Anamul Haque, Syed Mehmood Raza Shah and Muhammad Usman Arshad
Sustainability 2022, 14(21), 14321; https://doi.org/10.3390/su142114321 - 02 Nov 2022
Cited by 5 | Viewed by 1681
Abstract
The study examines the effect of sustainable economic growth on “FDI inflow” using comparative panel econometrics on two panels: “low-income” and “middle-income” economies between 1970 and 2021. For this, 18 “low-income” and 53 “middle-income” economies constitute the sample. The data were retrieved from [...] Read more.
The study examines the effect of sustainable economic growth on “FDI inflow” using comparative panel econometrics on two panels: “low-income” and “middle-income” economies between 1970 and 2021. For this, 18 “low-income” and 53 “middle-income” economies constitute the sample. The data were retrieved from the “world development indicator” website. Pre-diagnostic and post-diagnostic estimations were performed using static panel and dynamic panel approaches. Sustainable growth increases “FDI inflow” in “low-income” and “middle-income” economies during the study period, according to the findings. In addition, trade openness and the exchange rate have the potential to boost “FDI inflow” in “low-income” economies. Similarly, in “middle-income” economies, the real growth rate and exchange rate are significant boosts, however inflation significantly reduces the “FDI inflow”. The findings show that policymakers in “low-income” and “middle-income” economies should maintain long-term, sustainable economic growth in order to attract more “FDI inflow” in their respective economies. Compared to the current state of knowledge in the subject, the study’s findings provide evidence for “low-income” and “middle-income” nations that have been mainly overlooked in terms of sustainable growth for attracting FDI inflow. The study’s outcomes are applicable and generalizable only for “middle-income” and “low-income” economies. Future researchers may include additional control factors and expand the scope of the study to include “high-income” groups. Full article
(This article belongs to the Special Issue Renewables and Sustainable Economic Growth)
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