Biofuel Production and Economic Globalization Nexus in Developing Countries

Alam, M. S., Rabbani, M. R., Tausif, M. R., & Abey, J. (2021). Banks’ performance and economic growth in India: A panel cointegration analysis. Economies, 9(1), 38.

Ali, S. S., Al-Tohamy, R., Mohamed, T. M., Mahmoud, Y. A. G., Ruiz, H. A., Sun, L., & Sun, J. (2022). Could termites be hiding a goldmine of obscure yet promising yeasts for energy crisis solutions based on aromatic wastes? A critical state-of-the-art review. Biotechnology for Biofuels and Bioproducts, 15(1), 1-40.

Al‐Mulali, U., Solarin, S. A., & Ozturk, I. (2016). Biofuel energy consumption‐economic growth relationship: an empirical investigation of Brazil. Biofuels, Bioproducts and Biorefining, 10(6), 753-775.

Ashani, P. N., Shafiei, M., & Karimi, K. (2020). Biobutanol production from municipal solid waste: technical and economic analysis. Bioresource Technology, 308, 123267.

Avinash, A., Sasikumar, P., & Murugesan, A. (2018). Understanding the interaction among the barriers of biodiesel production from waste cooking oil in India-an interpretive structural modeling approach. Renewable energy, 127, 678-684.

Banerjee, S., Kaushik, S., & Tomar, R. S. (2019). Global scenario of biofuel production: Past, present and future. Prospects of Renewable Bioprocessing in Future Energy Systems, 499-518.

Ben Jebli, M., & Ben Youssef, S. (2019). Combustible renewables and waste consumption, agriculture, CO2 emissions and economic growth in Brazil. Carbon Management, 10(3), 309-321.)

Bildirici, M. (2018). Impact of militarization and economic growth on biofuels consumption and CO2 emissions: The evidence from Brazil, China, and US. Environmental Progress & Sustainable Energy, 37(3), 1121-1131.

Brady, D., Beckfield, J., & Zhao, W. (2007). The consequences of economic globalization for affluent democracies. Annu. Rev. Sociol., 33, 313-334.

Branco-Vieira, M., San Martin, S., Agurto, C., Santos, M. A., Freitas, M. A., & Caetano, N. S. (2017). Analyzing Phaeodactylum tricornutum lipid profile for biodiesel production. Energy Procedia, 136, 369-373.

de Oliveira, H. V. E., & Moutinho, V. (2022). Do renewable, non-renewable energy, carbon emission and KOF globalization influencing economic growth? Evidence from BRICS’countries. Energy Reports, 8, 48-53.

Demirbas, A. (2009). Political, economic and environmental impacts of biofuels: A review. Applied Energy, 86(1), S108-S117.

Dumitrescu, E. I., & Hurlin, C. (2012). Testing for Granger non-causality in heterogeneous panels. Economic modelling, 29(4), 1450-1460.

EIA (U.S. Energy Information Administration). (2018). International Biofuels. Retrieved from https://www.eia.gov/renewable/international/biofuels.php

Fan, J., Liao, Y., & Yao, J. (2015). Power enhancement in high‐dimensional cross‐sectional tests. Econometrica, 83(4), 1497-1541.

Fauzi, A. H. M., Saifuddin, M. N. A. A., Chong, C. B., & Kasim, F. H. (2022). Recent Progress of Biodiesel Production. Renewable Energy from Bio-resources in Malaysia, 147-164.

Gibbs, H. K., Ruesch, A. S., Achard, F., Clayton, M. K., Holmgren, P., Ramankutty, N., & Foley, J. A. (2008). Tropical forests were the primary sources of new agricultural land in the 1980s and 1990s. Proceedings of the National Academy of Sciences, 105(9), 3278-3283.

Glavaški, O., Pucar, E. B., & Stojkov, S. (2022). Public revenues and public expenditure nexus: evidence from Eurozone heterogeneity. Anali Ekonomskog fakulteta u Subotici, 58(48), 83-99.

Guliyev, H., & Tatoğlu, F. Y. (2023). The Relationship Between Renewable Energy and Economic Growth in European Countries: Evidence from Panel Data Model with Sharp and Smooth Changes. Renewable Energy Focus.

Juodis, A., & Reese, S. (2022). The incidental parameters problem in testing for remaining cross-section correlation. Journal of Business & Economic Statistics, 40(3), 1191-1203.

Juodis, A., Karavias, Y., & Sarafidis, V. (2021). A homogeneous approach to testing for Granger non-causality in heterogeneous panels. Empirical Economics, 60(1), 93-112.

King, A. G., & Wright, M. W. (2007). Rudolph diesel meets the soybean:" Greasing" the wheels of chemical education.

Koengkan, M. (2017). The nexus between consumption of biofuels and economic growth: An empirical evidence from Brazil. Cadernos UniFOA, 12(35), 87-98.

Lee, D. H. (2016). Levelized cost of energy and financial evaluation for biobutanol, algal biodiesel and biohydrogen during commercial development. International Journal of Hydrogen Energy, 41(46), 21583-21599.)

Lopez, L., & Weber, S. (2017). Testing for Granger causality in panel Data. The Stata Journal, 17(4), 972-984.

Mena-Cervantes, V. Y., Hernández-Altamirano, R., García-Solares, S. M., & Arreola-Valerio, E. (2023). Biodiesel in circular economy. In Biofuels in Circular Economy (pp. 251-278). Singapore: Springer Nature Singapore.

Naqvi, S. A. A., Hussain, B., & Ali, S. (2023). Evaluating the influence of biofuel and waste energy production on environmental degradation in APEC: Role of natural resources and financial development. Journal of Cleaner Production, 386, 135790.

Narayanan, G. B., Badri, M. A., & Dicks, M. R. (2010). Economic analysis of biofuel production in the United States: Impact of policy changes. Energy Policy, 38(6), 2977-2985.

Pesaran, M. H. (2004). General diagnostic tests for cross section dependence in panels. Available at SSRN 572504.

Pesaran, M. H. (2015). Testing weak cross-sectional dependence in large panels. Econometric reviews, 34(6-10), 1089-1117.

Pesaran, M. H., & Xie, Y. (2021). A Bias-Corrected CD Test for Error Cross-Sectional Dependence in Panel Data Models with Latent Factors. arXiv preprint arXiv:2109.00408.

Rodrigues, R. C., Volpato, G., Wada, K., & Ayub, M. A. Z. (2008). Enzymatic synthesis of biodiesel from transesterification reactions of vegetable oils and short chain alcohols. Journal of the American Oil Chemists' Society, 85, 925-930.

Rouhany, M., & Montgomery, H. (2019). Global biodiesel production: the state of the art and impact on climate change. Biodiesel: from production to combustion, 1-14.

Runge, C. F., & Senauer, B. (2007). How biofuels could starve the poor. Foreign Affairs, 86(3), 41-53.

Runge, C. F., & Senauer, B. (2007). How biofuels could starve the poor. Foreign Affairs, 86(3), 41-53.

Sajid, Z., da Silva, M. A. B., & Danial, S. N. (2021). Historical analysis of the role of governance systems in the sustainable development of biofuels in Brazil and the United States of America (USA). Sustainability, 13(12), 6881.

Santiago, R., Fuinhas, J. A., & Marques, A. C. (2020). The impact of globalization and economic freedom on economic growth: the case of the Latin America and Caribbean countries. Economic Change and Restructuring, 53, 61-85.

Searchinger, T., Heimlich, R., Houghton, R. A., Dong, F., Elobeid, A., Fabiosa, J., ... & Yu, T. H. (2008). Use of U.S. croplands for biofuels increases greenhouse gases through emissions from land-use change. Science, 319(5867), 1238-1240.

Searchinger, T., Heimlich, R., Houghton, R. A., Dong, F., Elobeid, A., Fabiosa, J., ... & Yu, T. H. (2008). Use of U.S. croplands for biofuels increases greenhouse gases through emissions from land-use change. Science, 319(5867), 1238-1240.

Sheriff, S. A., Kumar, I. K., Mandhatha, P. S., Jambal, S. S., Sellappan, R., Ashok, B., & Nanthagopal, K. (2020). Emission reduction in CI engine using biofuel reformulation strategies through nano additives for atmospheric air quality improvement. Renewable Energy, 147, 2295-2308.

Sorda, G., Banse, M., Kemfert, C., & Müller, J. (2010). An overview of biofuel policies across the world. Energy Policy, 38(11), 6977-6988.

Streimikiene, D., Simionescu, M., & Bilan, Y. (2019). The impact of biodiesel consumption by transport on economic growth in the European Union. Engineering Economics, 30(1), 50-58.

Subramaniam, Y., & Masron, T. A. (2021). The impact of economic globalization on biofuel in developing countries. Energy Conversion and Management: X, 10, 100064.

The KOF Globalisation Index, https://kof.ethz.ch/en/forecasts-and-indicators/indicators/kof-globalisation-index.html

Timilsina, G. R., & Shrestha, A. (2011). How much hope should we have for biofuels? Energy, 36(4), 2055-2069.

UN Energy Statistics Database, United Nations Statistics Division http://data.un.org/Data.aspx?d=EDATA&f=cmID%3ABD

World Bank. (2007). Biofuels: The Promise and the Risks. Retrieved from https://www.worldbank.org/en/topic/biofuels

Xiao, J., Juodis, A., Karavias, Y., & Sarafidis, V. (2021). Improved test for granger noncausality in panel data. Munich Personal PePEc Archive Paper No. 107180.

Alam, M. S., Rabbani, M. R., Tausif, M. R., & Abey, J. (2021). Banks’ performance and economic growth in India: A panel cointegration analysis. Economies, 9(1), 38.

Ali, S. S., Al-Tohamy, R., Mohamed, T. M., Mahmoud, Y. A. G., Ruiz, H. A., Sun, L., & Sun, J. (2022). Could termites be hiding a goldmine of obscure yet promising yeasts for energy crisis solutions based on aromatic wastes? A critical state-of-the-art review. Biotechnology for Biofuels and Bioproducts, 15(1), 1-40.

Al‐Mulali, U., Solarin, S. A., & Ozturk, I. (2016). Biofuel energy consumption‐economic growth relationship: an empirical investigation of Brazil. Biofuels, Bioproducts and Biorefining, 10(6), 753-775.

Ashani, P. N., Shafiei, M., & Karimi, K. (2020). Biobutanol production from municipal solid waste: technical and economic analysis. Bioresource Technology, 308, 123267.

Avinash, A., Sasikumar, P., & Murugesan, A. (2018). Understanding the interaction among the barriers of biodiesel production from waste cooking oil in India-an interpretive structural modeling approach. Renewable energy, 127, 678-684.

Banerjee, S., Kaushik, S., & Tomar, R. S. (2019). Global scenario of biofuel production: Past, present and future. Prospects of Renewable Bioprocessing in Future Energy Systems, 499-518.

Ben Jebli, M., & Ben Youssef, S. (2019). Combustible renewables and waste consumption, agriculture, CO2 emissions and economic growth in Brazil. Carbon Management, 10(3), 309-321.)

Bildirici, M. (2018). Impact of militarization and economic growth on biofuels consumption and CO2 emissions: The evidence from Brazil, China, and US. Environmental Progress & Sustainable Energy, 37(3), 1121-1131.

Brady, D., Beckfield, J., & Zhao, W. (2007). The consequences of economic globalization for affluent democracies. Annu. Rev. Sociol., 33, 313-334.

Branco-Vieira, M., San Martin, S., Agurto, C., Santos, M. A., Freitas, M. A., & Caetano, N. S. (2017). Analyzing Phaeodactylum tricornutum lipid profile for biodiesel production. Energy Procedia, 136, 369-373.

de Oliveira, H. V. E., & Moutinho, V. (2022). Do renewable, non-renewable energy, carbon emission and KOF globalization influencing economic growth? Evidence from BRICS’countries. Energy Reports, 8, 48-53.

Demirbas, A. (2009). Political, economic and environmental impacts of biofuels: A review. Applied Energy, 86(1), S108-S117.

Dumitrescu, E. I., & Hurlin, C. (2012). Testing for Granger non-causality in heterogeneous panels. Economic modelling, 29(4), 1450-1460.

EIA (U.S. Energy Information Administration). (2018). International Biofuels. Retrieved from https://www.eia.gov/renewable/international/biofuels.php

Fan, J., Liao, Y., & Yao, J. (2015). Power enhancement in high‐dimensional cross‐sectional tests. Econometrica, 83(4), 1497-1541.

Fauzi, A. H. M., Saifuddin, M. N. A. A., Chong, C. B., & Kasim, F. H. (2022). Recent Progress of Biodiesel Production. Renewable Energy from Bio-resources in Malaysia, 147-164.

Gibbs, H. K., Ruesch, A. S., Achard, F., Clayton, M. K., Holmgren, P., Ramankutty, N., & Foley, J. A. (2008). Tropical forests were the primary sources of new agricultural land in the 1980s and 1990s. Proceedings of the National Academy of Sciences, 105(9), 3278-3283.

Glavaški, O., Pucar, E. B., & Stojkov, S. (2022). Public revenues and public expenditure nexus: evidence from Eurozone heterogeneity. Anali Ekonomskog fakulteta u Subotici, 58(48), 83-99.

Guliyev, H., & Tatoğlu, F. Y. (2023). The Relationship Between Renewable Energy and Economic Growth in European Countries: Evidence from Panel Data Model with Sharp and Smooth Changes. Renewable Energy Focus.

Juodis, A., & Reese, S. (2022). The incidental parameters problem in testing for remaining cross-section correlation. Journal of Business & Economic Statistics, 40(3), 1191-1203.

Juodis, A., Karavias, Y., & Sarafidis, V. (2021). A homogeneous approach to testing for Granger non-causality in heterogeneous panels. Empirical Economics, 60(1), 93-112.

King, A. G., & Wright, M. W. (2007). Rudolph diesel meets the soybean:" Greasing" the wheels of chemical education.

Koengkan, M. (2017). The nexus between consumption of biofuels and economic growth: An empirical evidence from Brazil. Cadernos UniFOA, 12(35), 87-98.

Lee, D. H. (2016). Levelized cost of energy and financial evaluation for biobutanol, algal biodiesel and biohydrogen during commercial development. International Journal of Hydrogen Energy, 41(46), 21583-21599.)

Lopez, L., & Weber, S. (2017). Testing for Granger causality in panel Data. The Stata Journal, 17(4), 972-984.

Mena-Cervantes, V. Y., Hernández-Altamirano, R., García-Solares, S. M., & Arreola-Valerio, E. (2023). Biodiesel in circular economy. In Biofuels in Circular Economy (pp. 251-278). Singapore: Springer Nature Singapore.

Naqvi, S. A. A., Hussain, B., & Ali, S. (2023). Evaluating the influence of biofuel and waste energy production on environmental degradation in APEC: Role of natural resources and financial development. Journal of Cleaner Production, 386, 135790.

Narayanan, G. B., Badri, M. A., & Dicks, M. R. (2010). Economic analysis of biofuel production in the United States: Impact of policy changes. Energy Policy, 38(6), 2977-2985.

Pesaran, M. H. (2004). General diagnostic tests for cross section dependence in panels. Available at SSRN 572504.

Pesaran, M. H. (2015). Testing weak cross-sectional dependence in large panels. Econometric reviews, 34(6-10), 1089-1117.

Pesaran, M. H., & Xie, Y. (2021). A Bias-Corrected CD Test for Error Cross-Sectional Dependence in Panel Data Models with Latent Factors. arXiv preprint arXiv:2109.00408.

Rodrigues, R. C., Volpato, G., Wada, K., & Ayub, M. A. Z. (2008). Enzymatic synthesis of biodiesel from transesterification reactions of vegetable oils and short chain alcohols. Journal of the American Oil Chemists' Society, 85, 925-930.

Rouhany, M., & Montgomery, H. (2019). Global biodiesel production: the state of the art and impact on climate change. Biodiesel: from production to combustion, 1-14.

Runge, C. F., & Senauer, B. (2007). How biofuels could starve the poor. Foreign Affairs, 86(3), 41-53.

Runge, C. F., & Senauer, B. (2007). How biofuels could starve the poor. Foreign Affairs, 86(3), 41-53.

Sajid, Z., da Silva, M. A. B., & Danial, S. N. (2021). Historical analysis of the role of governance systems in the sustainable development of biofuels in Brazil and the United States of America (USA). Sustainability, 13(12), 6881.

Santiago, R., Fuinhas, J. A., & Marques, A. C. (2020). The impact of globalization and economic freedom on economic growth: the case of the Latin America and Caribbean countries. Economic Change and Restructuring, 53, 61-85.

Searchinger, T., Heimlich, R., Houghton, R. A., Dong, F., Elobeid, A., Fabiosa, J., ... & Yu, T. H. (2008). Use of U.S. croplands for biofuels increases greenhouse gases through emissions from land-use change. Science, 319(5867), 1238-1240.

Searchinger, T., Heimlich, R., Houghton, R. A., Dong, F., Elobeid, A., Fabiosa, J., ... & Yu, T. H. (2008). Use of U.S. croplands for biofuels increases greenhouse gases through emissions from land-use change. Science, 319(5867), 1238-1240.

Sheriff, S. A., Kumar, I. K., Mandhatha, P. S., Jambal, S. S., Sellappan, R., Ashok, B., & Nanthagopal, K. (2020). Emission reduction in CI engine using biofuel reformulation strategies through nano additives for atmospheric air quality improvement. Renewable Energy, 147, 2295-2308.

Sorda, G., Banse, M., Kemfert, C., & Müller, J. (2010). An overview of biofuel policies across the world. Energy Policy, 38(11), 6977-6988.

Streimikiene, D., Simionescu, M., & Bilan, Y. (2019). The impact of biodiesel consumption by transport on economic growth in the European Union. Engineering Economics, 30(1), 50-58.

Subramaniam, Y., & Masron, T. A. (2021). The impact of economic globalization on biofuel in developing countries. Energy Conversion and Management: X, 10, 100064.

The KOF Globalisation Index, https://kof.ethz.ch/en/forecasts-and-indicators/indicators/kof-globalisation-index.html

Timilsina, G. R., & Shrestha, A. (2011). How much hope should we have for biofuels? Energy, 36(4), 2055-2069.

UN Energy Statistics Database, United Nations Statistics Division http://data.un.org/Data.aspx?d=EDATA&f=cmID%3ABD

World Bank. (2007). Biofuels: The Promise and the Risks. Retrieved from https://www.worldbank.org/en/topic/biofuels

Xiao, J., Juodis, A., Karavias, Y., & Sarafidis, V. (2021). Improved test for granger noncausality in panel data. Munich Personal PePEc Archive Paper No. 107180.