Revealing the effectiveness of technological innovation shocks on CO2 emissions in BRICS: emerging challenges and implications.

The debate on technological innovation shocks and its effect on the environment are of great interest to academicians and environmentalists worldwide. At present, primary focus of this research is to investigate the asymmetric technology shocks and its impact on CO2 emissions for BRICS economies. The linear and non-linear panel ARDL models are applied to compute both short-run and long-run dynamics of technology shocks and CO2 emissions. Asymmetric estimates confer that a positive shock in patents reduces the CO2 emissions by 0.418%, whereas negative shock increases the CO2 emissions by 0.854%. Contrariwise, the trademark positive shock increases the carbon emissions by 0.416% and vice versa. The non-linear analysis provides an opportunity to measure the direction and magnitude of positive and negative shocks in technology on the environmental quality of BRICS economies. Hence, policymakers and environmentalists should devise their strategies by keeping in mind the impacts of positive and negative shocks.

Natural resources rents and economic performance: Post-COVID-19 era for G7 countries.

COVID-19 affected the economies of both developed and developing countries through multiple channels. However, the impact of this pandemic was also not so different for the developed world too. This study aims to evaluate the effect of the natural resources' rents such as oil, natural gas and energy rents on the economic performance of G7 economies from 1990 to 2020. This study uses updated panel data methods to identify the effect of COVID-19 by using novel diagnostic and unit root methods. The study found that during the COVID-19 and post pandemic, economic performance has been declined. This study found that natural resources rent, including oil and gas, help to improve the economic performance. Further, structural break for the year 2019 caused by COVID-19 also slowed down the economic performance of G7 economies. This study suggests more stabilization policies towards natural resources commodity prices and encouragement of active role from the G7 countries. This study further provides relevant policy implications in the concluding section for the selected group of countries.

Environmental impacts of FDI: evidence from heterogeneous panel methods.

This paper investigates the effect of foreign direct investment (FDI) on environmental quality for 123 nations over the period 1996 to 2018. The study also conducts a comparative analysis for 45 developing and 78 developed nations to better understand the environmental impacts of foreign direct investment. The study employs pooled mean group (PMG) and mean group (MG) estimation techniques for investigating the impacts of FDI on environmental quality as the slope heterogeneity test rejects the null hypothesis of homogenous slope coefficients for the cross-sectional units in all country groupings. In addition, the study employs common correlated effect pooled mean group (CCEPMG) and common correlated effect mean group (CCEMG) estimation methods to tackle cross-sectional dependence in all country groupings. The results indicate that the impact of FDI on environmental emission is negative and significant for the global sample. Furthermore, the comparative analysis for developed and developing countries indicates that FDI improves environmental quality in developed nations as it leads to a lower level of CO2 emissions whereas it leads to adverse environmental impacts in the developing nations as it leads to a higher level of CO2 emissions. The empirical findings for developed and developing countries confirm pollution haven hypothesis (PHH) for developing countries while pollution halo hypothesis for developed countries. This study may help the policy makers to better understand the attributes of FDI and to devise such type of policies and regulatory framework which encourages environmentally friendly FDI or the FDI that take care of environmental quality.

Dynamic effects of fiscal and monetary policy instruments on environmental pollution in ASEAN.

This study aims to re-examine the impacts of monetary and fiscal policy on environmental quality in ASEAN countries from 1990 to 2019. We utilized the panel and time series NARDL approach to explore the long-run and short-run estimates at a regional level and country level. ASEAN regional-wise analysis shows that contractionary monetary policy reduces the CO2 emissions, while expansionary monetary policy enhances CO2 emissions in the long run. The long-run coefficient further confirms that expansionary fiscal policy mitigates CO2 emissions in ASEAN. The impact of expansionary monetary and fiscal policy on CO2 emissions is positive and significant, while contractionary monetary and fiscal policy have an insignificant impact on CO2 emissions in the short run. ASEAN country-wise analysis also reported the country-specific estimates for the short and long run. Some policies can redesign in light of these novel findings in ASEAN economies.

Analysis of influential factors on air quality from global and local perspectives in China.

Regional haze pollution has frequently occurred in China over the past several years, and this haze has hindered the development of the economy and harmed the health of people in China. Currently, several studies have analyzed the impact of different influencing factors on haze. However, few studies have comprehensively analyzed the influential factors of haze from different perspectives. In this paper, we utilized global and local regression models to explore the main influential factors on air quality index (AQI) in China from global and local perspectives. The results are as follows: (1) the AQIs of Chinese cities have significant positive spatial correlation, and higher values of AQI were typically found in Beijing-Tianjin-Hebei, Shandong, Henan, Shanxi and Shaanxi Province; (2) from a global perspective, as there is one unit of increase in the average AQI of one city's neighbors, the city's AQI will increase by 0.827 unit. An increase in the industrial structures and the number of civilian vehicles will also lead to an increase in the AQI, but the impact of precipitation is reversed; and (3) from a local perspective, there are spatial differences in the effects of different factors on the AQI. In northern China, an appropriate temperature reduction and an appropriate increase in atmospheric pressure is helpful for reducing haze pollution; however, opposing conditions are found in southern China. Compared with China's coastal cities, the increase in precipitation is more effective at reducing the AQI in inland cities. Compared with other cities, reducing the industrial structure and the number of civilian vehicles was more effective for haze management in Beijing, Tianjin, Shandong, Henan, Shanxi, and Shaanxi provinces. These results of this paper are helpful for government departments to formulate regionally differentiated governance policies regarding haze.

Postpolypectomy bleeding in patients undergoing colonoscopy on uninterrupted clopidogrel therapy.

BACKGROUND: The risk of postpolypectomy bleeding (PPB) in patients undergoing colonoscopy on uninterrupted clopidogrel therapy has not been established. OBJECTIVE: To assess the PPB rate and outcome and identify risk factors associated with PPB in patients taking clopidogrel. DESIGN: Single-center, retrospective study. Demographics, clinical parameters, polyp characteristics, polypectomy techniques, and postpolypectomy events in the groups were compared by univariate analysis. Stepwise logistic regression analyses identified independent risk factors associated with PPB. SETTING: Veterans Affairs Medical Center. PATIENTS: A total of 142 patients (375 polypectomies) taking clopidogrel (cases) and 1243 patients (3226 polypectomies) not taking clopidogrel (controls). INTERVENTIONS: None. MAIN OUTCOME MEASUREMENTS: Postpolypectomy bleeding, hospitalization, and mortality. RESULTS: The immediate (intraprocedural) bleeding rate was similar in the 2 groups (2.1% vs 2.1%). Delayed (postprocedural) PPB rate was higher in the group taking clopidogrel (3.5% vs 1.0%, P = .02). Delayed bleeding of significance requiring hospitalization and transfusion/intervention was also higher in patients taking clopidogrel (2.1% vs 0.4%, P = .04). The length of hospital stay and interventions for PPB were comparable between the 2 groups. There was no mortality. Concomitant use of clopidogrel and aspirin/other nonsteroidal anti-inflammatory drugs (odds ratio 3.7; 95% CI, 1.6-8.5) and the number of polyps removed (OR 1.3; 95% CI, 1.2-1.4) were the only significant risk factors associated with PPB. Clopidogrel alone was not an independent risk factor for PPB. LIMITATIONS: Retrospective study and small number of patients with PPB. CONCLUSIONS: The PPB rate is significantly higher in patients undergoing polypectomy while taking clopidogrel and concomitant aspirin/nonsteroidal anti-inflammatory drugs; however, the risk is small and the outcome is favorable. Routine cessation of clopidogrel in patients before colonoscopy/polypectomy is not necessary.

Regression of fibrosis in chronic hepatitis C after therapy with interferon and ribavirin.

Interferon and ribavirin decrease necroinflammation in chronic hepatitis C with or without virological clearance; however, reversibility of fibrosis remains to be established. We evaluated the effect of combination therapy on virological and liver histopathological outcomes in 52 naive patients and 79 patients unresponsive to interferon monotherapy with predominantly genotype 1 chronic hepatitis C. One hundred four patients completed interferon and ribavirin treatment after 24-48 weeks. Fifty-six paired liver biopsies (mean biopsy interval 28 months) were assessed by the Ishak score. Sustained virological responses were 37% in naive patients and 22% in re-treated patients. In virological responders and nonresponders, fibrosis and necroinflammation scores decreased by -0.91 (P = 0.04) and -0.5 (P = 0.02) and by -2.8 (P = 0.001) and -0.66 (P = 0.06), respectively. Interferon and ribavirin had greater benefit on fibrosis when associated with clearance of HCV RNA. Treatment strategies in virological nonresponders who show fibrosis regression should include consideration of maintenance therapy, if such treatment eventually proves to benefit histological outcomes.