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The Impact of Economic Complexity and Trading Complex Products on Environmental Indicators

A special issue of Sustainability (ISSN 2071-1050).

Deadline for manuscript submissions: closed (31 August 2023) | Viewed by 3838

Special Issue Editors


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Guest Editor
Department of Natural Resource Economics, College of Agricultural and Marine Sciences, Sultan Qaboos University, Muscat, Oman
Interests: sustainable agriculture; food security; environmental protection; agri-food policies; sustainable food production; climate-smart agriculture; agri-food system innovation
Special Issues, Collections and Topics in MDPI journals
BETA Akademi, Social Sciences Research Lab (SSR Lab), Isparta, Turkey
Interests: international trade; economic complexity; export sophistication; environmental economics; green

Special Issue Information

Dear Colleagues,

Environmental degradation has become a major problem for human beings in the 21st century. Emissions are the main cause of decreased environmental quality, which can lead to health and economic problems such as cancer, decreased productivity, and unpredictable weather conditions. Researchers have been working on the parameters that potentially impact environmental degradation over the last three decades. The economic structure of the country is a crucial indicator that impacts environmental degradation. The economic structure has been represented by economic complexity in the literature in recent years. The economic complexity index (ECI), which indicates the productive capabilities of countries, shows how complex and productive a country can be. According to complexity theory, every country has “capabilities”. These “capabilities” consist of different parameters such as quality of human capital, skilled workforce level, the patent system, law, roads, railways, transportation system, etc. The combination of these capabilities consists of the total complexity level of a given country. Diversified "capabilities" enable the manufacturing of more complex products. In terms of environmental degradation, higher economic complexity may have a negative or positive impact on the quality of the environment. This Special Issue will expand our knowledge of the relationship between the environment and different social and economic indicators (economic complexity, product complexity, sophistication, and concentration) so that we can make more reliable long-term plans.

 

Potential topics include, but are not limited to, the following:

  • Economic complexity (or product complexity) and environmental consequences;
  • Eco-Innovation, Green Openness and environmental quality;
  • Green Indicators such as Green Finance, Green Products, Green Innovation, and green entrepreneurship; their economic and environmental impacts;
  • The impact of some economic indicators such as Tourism, Tourism Market Diversification, Financial Development, and Foreign Direct Investment on emissions;
  • Renewable/nonrenewable energy-environmental footprint nexus;
  • Theoretical formulation and empirical analysis of complex economies (such as the green economy) in relation to sustainable development;
  • Determinants of Green Economy;
  • Green Products and their impact on various environmental indicators;
  • Innovation, economic structure, and environmental quality;
  • Determinants of renewable and non-renewable energy consumption.

Dr. Behnaz Saboori
Dr. Muhlis CAN
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.

Keywords

  • economic complexity
  • export product diversification
  • trade openness
  • greenhouse gases
  • ecological footprint
  • emissions
  • green economy

Published Papers (2 papers)

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Research

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15 pages, 301 KiB  
Article
Encirclement of Natural Resources, Green Investment, and Economic Complexity for Mitigation of Ecological Footprints in BRI Countries
by Chen Qian and Ghulam Rasool Madni
Sustainability 2022, 14(22), 15269; https://doi.org/10.3390/su142215269 - 17 Nov 2022
Cited by 12 | Viewed by 1551
Abstract
Environmental deterioration has been increasing constantly for many years and has become the major reason for climatic changes. Consequently, policy makers and researchers are enquiring into the factors affecting environmental quality. The earlier literature describes little about the impact of economic complexity, natural [...] Read more.
Environmental deterioration has been increasing constantly for many years and has become the major reason for climatic changes. Consequently, policy makers and researchers are enquiring into the factors affecting environmental quality. The earlier literature describes little about the impact of economic complexity, natural resources, and green investment on ecological footprint for countries participating in the Belt and Road Initiative (BRI), so this research is an effort to close this gap for the 45 BRI countries covering the time period 1995–2020. We applied a number of methods to address the issue of cross-sectional dependence, then cointegration is determined through the Lagrange multiplier bootstrap method. The Driscoll–Kraay standard error method is employed to find the long-run estimates while the robustness of the estimated findings is checked through panel-corrected standard errors (PCSE) and feasible generalized least squares (FGLS). The estimated outcomes suggest a significant negative effect of green investment on ecological footprint while natural resources, economic complexity, economic growth, and globalization have significant and positive effects on ecological footprint. These conclusions provide profound insight into natural resources, green investments, and economic complexity for sustainable development of the environment in BRI participating economies and provide a meaningful reference for ecological safety for other economies in the world. This study also highlights some necessary insights for policy makers and practitioners engaged in obtaining the target of sustainable development policies. Full article

Review

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14 pages, 400 KiB  
Review
Epistemological Foundations of Complexity Theory
by Miguel Bustamante-Ubilla and Felipe Arenas-Torres
Sustainability 2022, 14(20), 13316; https://doi.org/10.3390/su142013316 - 17 Oct 2022
Cited by 2 | Viewed by 1719
Abstract
The present investigation studies the evolution of complexity based on the epistemological analysis of various documentary sources, some related to changes in society as a whole and others with the new concepts that have progressively been shaping and content to the concept of [...] Read more.
The present investigation studies the evolution of complexity based on the epistemological analysis of various documentary sources, some related to changes in society as a whole and others with the new concepts that have progressively been shaping and content to the concept of complexity. For this, the multisystemic conformation of society, the relationships and interdependence of its parts or subsystems, and how they operate in interdependence, promoting new spaces for growth, development, and new complexity, were studied. The work makes a systematic approach to the concept of complexity, seeking to achieve an epistemological synthesis that relates the theories that interpret society as an empirical construct and the various theories that seek to explain it, distinguishing those that address the micro-social level from those that refer to the society as a whole. Among the findings, it can be seen that the concept of complexity has evolved, moving from the fundamental concepts of systems theory to those that analyze the origin and behavior of societies. For this, the sources of complexity are identified, some from people, others from subsystems, and finally from society. Conceptually, new terms such as particles, waves, waves, and surges appear, seeking to explain the genesis of complexity and those factors that describe its evolution through attractors that move between order and chaos, generating structures catalytic or dissipative as required by society. Finally, based on complex thinking and available analytical tools, this work contributes significantly to the study of complexity theory. Full article
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