Politická ekonomie, 2025 (vol. 73), Spec.issue I.

Articles

Political Economy of Environmental Poverty: The Role of Political Risk and Income Level

Xiaohan Gu, Fanrong Li, Weizheng Wang, Xiao Gu

Politická ekonomie 2025, 73(2) Special Issue I:157-178 | DOI: 10.18267/j.polek.1431  

Environmental poverty is a global concern for developed and developing economies, particularly in light of sustainable development goals. Unlike previous research, this study evaluates the role of political risk index and income level on environmental poverty in developed regions, namely, OECD economies in the period 2004-2022. We also examine the role of renewable energy consumption. We initially developed a multidimensional index for assessing weighted average environmental poverty alongside a novel index to gauge political risk within OECD economies. We employ several panel econometric procedures, including cross-sectional dependence and slope heterogeneity,...

Racing Towards Carbon Neutrality: Synergy Between Environmental Poverty, Environmental Regulations, Financial Constraints and Political Instability

Yuan Zhu, Jiapeng Dai

Politická ekonomie 2025, 73(2) Special Issue I:179-214 | DOI: 10.18267/j.polek.1428  

The main objective of this study is to analyse the impact of environmental poverty (EP), environmental regulation (ENVR), financial constraints (FNC) and political instability (PIST) on carbon dioxide emissions (abbr. CO2e), with other variables including international collaboration in green technology development (ICGTD), hybrid electric vehicle technology (HEVT) and gross domestic product per capita (GDPPC). The augmented mean group estimator approach is chosen to gauge the long-term coefficients. The findings indicate that strengthening ENVR in Asian countries can reduce CO2e...

Country-level Risk and Green Energy Transition: Evaluating Political Risk and Human Capital in OECD Economies

Xinling Wang, Yufei Gan, Yun Zhou, Dingwen Si, Xiangying Cui, Jiale Yan

Politická ekonomie 2025, 73(2) Special Issue I:215-242 | DOI: 10.18267/j.polek.1470  

In today's rapidly evolving world, the transition towards green energy remains momentous in attaining ecological sustainability. In this respect, the present study intends to elucidate factors influencing the green energy transition in OECD economies from 2004 to 2020. We use several diagnostic measures to validate the heterogeneity of slopes and cross-sectional dependence in the panel. Nevertheless, cointegration exists between the study variables, such as green energy, political risk, economic risk, financial risk, human capital, eco-innovation and energy efficiency. Using fixed effect and random effect approaches, we conclude that political risk,...

Inverted U-shape Impact of China's Manufacturing Digitization on Low-carbon Environmental Governance Performance

Xuegang Zhan, Rita Yi Man Li, Jing Xia

Politická ekonomie 2025, 73(2) Special Issue I:243-274 | DOI: 10.18267/j.polek.1488  

Too much of a good thing can ultimately become detrimental. Is this the case in the manufacturing industry's carbon governance under the guise of digitization? This study examines the non-linear effect of low-carbon environmental governance at the provincial level in China's manufacturing sector which is the first of its kind. Using the slacks-based measure data envelopment approach (SBM-DEA), this study assesses changes in environmental governance performance over time, accounting for desirable and undesirable outputs. The findings indicate an inverted U-shaped relationship between manufacturing digitization and low-carbon environmental governance...

Political Institutions and Environmental Sustainability: Asymmetric Effect of Institutional Quality Indicators on Ecological Degradation

Peng Zhang, Yasir Habib, Minhaj Ali, Kishwar Ali

Politická ekonomie 2025, 73(2) Special Issue I:275-296 | DOI: 10.18267/j.polek.1458  

This study investigates the asymmetric effects of political stability and corruption on ecological footprint using time series data from 1984 to 2021 for Pakistan. The paper uses the nonlinear autoregressive distributed lag (NARDL) method to get accurate results regarding the positive and negative shocks of political stability. Besides, the NARDL method is utilized to identify the cointegrating link between the parameters, with a particular focus on uncovering asymmetric consequences in the long term. In addition, this research also includes natural resources, urbanization and economic progress in the model. The study results show that (i) political...

Political Economy of Clean Energy Transition: The Role of Political Risk and Economic Growth

Jianyu Chen, Yue Fu, Rong Wang, Jie Yang

Politická ekonomie 2025, 73(2) Special Issue I:297-328 | DOI: 10.18267/j.polek.1486  

In the empirical determination of the factors influencing the clean energy transition, the BRICS economies have initiated various policy reforms, such as increased R&D budgets, improvements in technology and political stability. This study analyses the critical role of political risk and economic growth, natural resources, research and development and technological innovation in the clean energy transition in the period 1990-2022. Using panel econometric approaches, this study confirms the heterogeneity of slopes and cross-sectional dependence. Using linear regression with the heteroscedastic panel-corrected standard error approach, the results...

Role of Institutions and Environmental Poverty in Influencing Climate-related Migration

Kateryna Shymanska

Politická ekonomie 2025, 73(2) Special Issue I:329-365 | DOI: 10.18267/j.polek.1485  

This study investigates the relationship between natural disasters, institutional factors, environmental poverty and climate-related migration. The analysis focuses on 112 countries, representing 95% of natural disasters globally from 1992 to 2021, using regression models and clustering countries by their vulnerability and resilience. Key findings show that although improved transport infrastructure can aid in recovery, it may also increase exposure to disaster-affected areas, causing higher mortality. At the same time, sanitation availability significantly reduces mortality and migration in affected regions. The study highlights the need for disaster...

Political Risk and Sustainable Development: Digitization and Environmental Policy Stringency

Chong Zhang, Menglu Zhang, Yunqiu Zhan, Jiale Yan

Politická ekonomie 2025, 73(2) Special Issue I:366-396 | DOI: 10.18267/j.polek.1457  

Emerging economies are consistently targeting advanced approaches to attain sustainable development while reducing their risk exposure and factors simultaneously. This research examines the influence of political risk, digitization and environmental policies, along with a set of economic and environmental factors, on the sustainable development of the BRICS economies. For the period from 1990 to 2020, the diagnostic tests confirmed a mixed order of integration. Therefore, the autoregressive distributed lag test is utilized and the results show that political risk, mineral resources and exports are harmful to sustainable development in the short run...

Political Economy Perspective of Government Effectiveness for Clean Energy Transition: Empirical Evidence from BRICS Economies

Liping Yang, Rija Zaka, Shakeel Sajjad, Dhanuskodi Rengasamy, Naveed Khan, Asad Jalal

Politická ekonomie 2025, 73(2) Special Issue I:397-417  

Energy efficiency is the cost-effective utilization of energy in the production process, whereby energy waste is minimized and the overall depletion of primary energy resources is curtailed. Improving energy efficiency enables countries to abate the rising CO2 emissions by efficient utilization of energy. Hence, energy efficiency is a source of improving environmental performance. This study examines the deep determinants of energy efficiency in BRICS countries. The main objective of the study is to examine the impact of effective governance on energy efficiency in BRICS countries. This study utilizes both fixed-effect and random-effect...