Politická ekonomie - Forthcoming articles

Exploring the Role of Mineral Resources, Digital Economy and Governance on Sustainable Economic Development: Novel Evidence from Emerging Economies of the Global South

Huiyong Xuan

Politická ekonomie X:X | DOI: 10.18267/j.polek.1452  

In a contest to attain equitable economic performance, emerging economies of the Global South are rapidly strengthening their institutional framework and improving investment in the green energy sector and digitization. Also, these economies are extracting mineral resources to encourage development but still lagging in the context of an equitable growth race, which creates uncertainty among policymakers. Therefore, it is crucial to analyse the influence of mineral resources, digital economy and governance on the economic development of the emerging economies of the Global South from 1996 to 2022. In addition, the crucial role of green energy and foreign...

Does Mineral Resources Utilization and Governance Policy Induce Income Inequality: Contextual Findings from Historical Data of China

Xiaoyi Ren, Chen Wang, László Vasa

Politická ekonomie X:X | DOI: 10.18267/j.polek.1463  

In the current literature strand, most of the literature is devoted to the role played by mineral and governance policies in environmental quality. However, their criticality in income inequality is mainly overlooked by scholarly works. This research investigated the nexus of mineral and governance policies with income inequality while exploring the importance of per capita income, health expenditure, and poverty. Covering the extended period from 1984Q1 to 20223Q4 in the case of China, this research confirms the presence of long-run equilibrium association between variables. Due to the non-normal data distribution, this research uses quantile regression...

In the Context of China's Mineral Resource Scarcity: How Does Digitalization Promote Low-carbon Transformation of Corporate Energy?

Xin Zhao, Yi He, Hyoungsuk Lee, Xiaowei Ma, Farhad Taghizadeh-Hesary, Zexia Yang

Politická ekonomie X:X | DOI: 10.18267/j.polek.1476  

In the context of growing global energy demand and advancing climate change, digital technologies offer opportunities for a low-carbon energy transition. Through such technologies, including big data, artificial intelligence and the internet of things, digitalization enables intelligent optimization, flexible management and efficient operation of energy systems, access to renewable energy, and reducing both energy consumption and carbon emissions. Grounded in the data of listed companies from 2011 to 2020, this study discusses the influence of enterprise digitalization on the low-carbon energy transition. The results show that enterprises’ digital...

The Impact of Climate Change, Human Development and Use Internet on Poverty: Evidence from Panel Quantile Regression

Halim Tatli

Politická ekonomie X:X | DOI: 10.18267/j.polek.1477  

This paper examines the effects of climate change, human development, the use internet, and income inequality on poverty using 50 countries selected from high-, middle, and low-income countries between 2004 and 2020. After applying the panel unit root tests, the parameters are estimated using the quantile regression method. The results revealed that climate change has a statistically significant and positive effect on poverty in selected 50 countries. Also, the impact of the human development index and internet use are significant and negative. Findings revealed that income inequality has a positive effect on poverty. The one-way and two models, along...

Harmonizing Laws and Politics: Combating Environmental Pollution for Sustainable Development

Weiping Han, Romanus Osabohien, Armand Fréjuis Akpa, Alhassan Abdul-Wakeel Karakara, Mamdouh Abdulaziz Saleh Al-Faryan

Politická ekonomie X:X | DOI: 10.18267/j.polek.1478  

This study explores the interplay among political factors, environmental pollution, and sustainable development in sub-Saharan Africa (SSA). Drawing on an evaluation of the literature and empirical data, the study highlights the effect of political instability, corruption, and weak governance on environmental degradation and sustainable development. The study applied the Pooled Ordinary Least Squares, the fixed effects and to account for possible problems of endogeneity, the Generalised Method of Moments (GMM) was utilized. The result show that environmental pollution worsens sustainable development, while political factors improve sustainable development....

Mining and Ecological Footprint Nexus in the Global South: A Panel Data-driven Approach

Abir Baita, Burak Erkut, Deniz İşçioğlu

Politická ekonomie X:X | DOI: 10.18267/j.polek.1479  

This research investigates the environmental effects of mining activities in countries in the Global South, specifically focusing on Brazil, China, India, Indonesia and Pakistan, from 1990 to 2020. Utilizing advanced econometric techniques, especially panel data methods, the study identifies considerable variations in how key factors – such as mineral rents, forest areas, GDP per capita and freshwater resources – affect the ecological footprint. The results support the environmental Kuznets curve hypothesis and show that while mineral rents tend to decrease the ecological footprint, increased renewable freshwater resources are associated...

How Do Green Technologies, Green Energy Consumption and Digitalisation Influence Environmental Sustainability in E7 Economies? A Quantile-Based Analysis

Victoria Olushola Olanrewaju, Dervis Kirikkaleli

Politická ekonomie X:X | DOI: 10.18267/j.polek.1480  

Governments worldwide are grappling with the challenges of climate change. Following COP28 - the Dubai consensus - it has become even clearer that achieving CO₂ emissions reduction targets is crucial to prevent the global temperature from rising above 1.5°C. In this context, our study assesses these ambitious climate goals through the lens of green energy and technology adoption within the E7 nations. Using quantile regression and panel ordinary least squares (POLS) techniques on data spanning from 1991 to 2021, we provide insights into the vital role of digitalization and energy choices in reducing CO₂ emissions and advancing...

The Importance of Social Government Expenditures for Income Inequality in EU Countries

Karina Zhemelko, Nikola Šubová

Politická ekonomie X:X | DOI: 10.18267/j.polek.1481  

The issue of growing income inequality has become a central focus in global economic policy debates. This paper examines the impact of social government spending on income inequality in the 27 Member States of the European Union between 2010 and 2020, utilizing regression analysis of panel data. The findings indicate that the level of social government spending reflects the varying fiscal policies on social protection across EU countries, with the largest share allocated to old age expenditure. However, the analysis reveals that old age government expenditure does not have a statistically significant impact on income inequality. In contrast, increased...

Impact of Big Four Audit Firms on Environmental Disclosure in China: Critical Role of Governance and Ownership Structure

Chen Liu, Lei Zhou, Nabiha Jamil, Najaf Iqbal, Wenzhu Ji, Irum Shahzadi

Politická ekonomie X:X | DOI: 10.18267/j.polek.1482  

As the corporate world has recently been increasingly held accountable for its non-green behaviour, corporate environmental disclosures (CED) are crucial in informing the relevant stakeholders. Among the factors influencing CED, firm auditors play a pivotal role. Our research investigates the impact of Big Four audit firms on corporate environmental disclosure in China. With unique institutional factors and the most significant carbon emissions globally, China provides an exciting and compelling ground for studying this relationship. For this purpose, we use annual firm-level data of A-listed shares on the Shenzhen and Shanghai stock exchanges and...

Effects of Green Quality of Energy Mix and Financial Development on Load Capacity Factor in China: A Novel Rolling Window Kernel-Based Regularized Least Square Approach

Tomiwa Sunday Adebayo, Oktay Özkan, Babatunde Sunday Eweade

Politická ekonomie X:X | DOI: 10.18267/j.polek.1483  

Amidst ongoing global worries over climate change and its ecological ramifications amidst rapid economic growth, the United Nations has set forth a comprehensive agenda known as the Sustainable Development Goals (SDGs), aiming to achieve them by 2030. These goals are tailored to foster sustainable socio-economic progress while enhancing the global environment’s quality. Therefore, this study explores the connections between load capacity factor, green quality of energy mix, financial development, economic growth, and natural resources in alignment with SDGs 7, 11, 13, and 12, focusing on China from 1981 to 2021. The study introduced the rolling...

Regional Disparities in Drivers and Peaking Pathways of CO₂ Emissions: Insights from Scenario Planning

Yang Yu, Yaping Gong, DooHwan Won, Atif Jahanger

Politická ekonomie X:X | DOI: 10.18267/j.polek.1484  

Faced with domestic and international responsibilities, China urgently needs to coordinate various regions to achieve carbon peak in an orderly manner. As core regions driving economic expansion and primary hubs of energy consumption, the Beijing–Tianjin–Hebei (BTH) and the Yangtze River Delta (YRD) regions are substantial contributors to carbon emissions in China. To address regional disparities in carbon emission management, this study estimates CO₂ emissions from 1990 to 2021, employing the STIRPAT model to analyze influencing factors. The findings reveal that the key factor affecting CO₂ emissions in both regions is population....

Examining the Impact of Board Gender Diversity on Firm Value: Insights from the Pre-COVID-19 Era

Bernard Mnzava

Politická ekonomie X:X | DOI: 10.18267/j.polek.1497  

This study explores the impact of board female representation on firm value prior to the COVID-19 pandemic using a sample of Sub-Saharan Africa quoted companies. Utilizing a robust dataset derived from annual reports of non-financial firms spanning 11 years, the study employs both Pooled Ordinary Least Squares (OLS) regression and System Generalized Method of Moments (GMM) to assess this relationship. In addition, the research conducts supplementary regression analyses with different measures of board gender diversity to validate its findings. The findings reveal a positive and statistically significant correlation between the presence of board female...

Investigating the Impact of Oil Rents, Foreign Direct Investment, and Exports on Productive Capacity: Concentrating on Spatial Analysis for the Gulf Cooperation Council Countries

Orhan Cengiz, Fatma İdil Baktemur

Politická ekonomie X:X | DOI: 10.18267/j.polek.1498  

Oil rents (OR) have a significant role for oil-abundant countries; therefore, most oil-abundant countries depend on oil sectors. However, if gains from OR are not invested in the productive sectors, it may adversely affect long-term sustainable growth. As discussed in the relevant literature in the scope of the resource curse hypothesis (RCH) or Dutch disease, depending on natural resources (NR) may crowd out productive investment, resulting in decelerating economic growth (EG). However, crucial policies emerge that suggest that OR contributes to or dampens productivity in oil-rich countries. As it is observed that not many studies consider the role...

Equitable Economic Development in Global South through Sustainable Mineral Policy: Role of Political and Governance Factors

Gagan Deep Sharma, Umar Shahzad

Politická ekonomie X:X | DOI: 10.18267/j.polek.1514  

Labor in the Age of AI: Productivity Trends Across the EU

Jordan Kjosevski, Mihail Petkovski, Aleksandar Stojkov

Politická ekonomie X:X | DOI: 10.18267/j.polek.1531  

This study investigates the impact of Artificial Intelligence (AI) readiness on labour productivity across 27 European Union (EU) countries between 2019 and 2024. Using a dynamic panel approach, we apply Pooled OLS, Fixed Effects, Difference GMM, and System GMM estimators to account for endogeneity and persistence in productivity. The System GMM model is preferred for its robustness and reliability. Results show that AI readiness positively influences labour productivity, though the effect remains modest, reflecting disparities in adoption across regions. Other significant drivers include foreign direct investment and R&D expenditure, while government...