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dc.contributor.authorWang, Weisong
dc.contributor.authorSun, Wenjing
dc.contributor.authorAwan, Usama
dc.contributor.authorA. Nassani, Abdelmohsen
dc.contributor.authorH. Binsaeed, Rima
dc.contributor.authorZaman, Khalid
dc.date.accessioned2023-09-29T08:45:30Z
dc.date.available2023-09-29T08:45:30Z
dc.date.created2023-09-05T09:48:20Z
dc.date.issued2023
dc.identifier.citationHeliyon. 2023, 9 (8), e19013.en_US
dc.identifier.issn2405-8440
dc.identifier.urihttps://hdl.handle.net/11250/3092989
dc.description© 2023 The Authors. Published by Elsevier Ltd. This is an open access article under the CC BY license.en_US
dc.description.abstractAviation cargo remains vital in the economic activities to transported goods from one place to another. The developed and developing countries mainly consider the transaction routes for air transportation for safe and quickest mode. Chinese economy is attracting the global World through its exports. The country's air cargo system is mainly reliant on gasoline and petroleum-based fuels, which harms the country's green transportation agenda. The high use of fuel combustions in the aviation sector needed greenfield investment that helps to use green energy as an alternative sustainable fuel. Further, sustainable aviation insurance and financial coverage are needed to mitigate the adverse negative externalities from air cargo operations. Based on the crucial facts, the study used air cargo operations, transportation fuel combustions, private investment in the transportation and insurance coverage in the pollution damage function for the China economy using data from 1975 to 2020. The research employed a non-linear ARDL Bounds testing strategy to break down the sequence of variables into dynamic positive and negative multipliers. Positive shocks in air freight, insurance services, and greenfield investment have been shown to reduce carbon emissions immediately and over the long term. In the short term, carbon damages are exacerbated by the negative shocks resulting from the use of transportation fuel and the availability of insurance. Moreover, both the positive and negative shocks associated with transportation fuel combustions and air transportation freights contribute to a rise in carbon damage. The variance decomposition analysis validated the asymmetric correlations between the aforementioned variables in the intertemporal environment. Based on the findings, negative shocks from total fuel combustions are expected to impose the greatest carbon damages over the next decade, followed by insurance services and air freight operations. The study concludes that air cargo operations need to be sustainable transacting routes fueled by biofuel energy sources, greenfield investment, and sustainable aviation insurance coverage to achieve the ‘green is clean’ transportation agenda.en_US
dc.language.isoengen_US
dc.rightsNavngivelse 4.0 Internasjonal*
dc.rights.urihttp://creativecommons.org/licenses/by/4.0/deed.no*
dc.subjectChinaen_US
dc.subjectair cargo operationsen_US
dc.subjectcarbon damagesen_US
dc.subjecttransportation fuel combustionsen_US
dc.subjectgreenfield investmenten_US
dc.subjectinsurance servicesen_US
dc.titleGreen investing in China's air cargo industry: Opportunities and challenges for sustainable transportationen_US
dc.typeJournal articleen_US
dc.typePeer revieweden_US
dc.description.versionpublishedVersionen_US
dc.subject.nsiVDP::Social science: 200::Economics: 210en_US
dc.source.pagenumber0en_US
dc.source.volume9en_US
dc.source.journalHeliyonen_US
dc.source.issue8en_US
dc.identifier.doi10.1016/j.heliyon.2023.e19013
dc.identifier.cristin2172362
dc.source.articlenumbere19013en_US
cristin.ispublishedtrue
cristin.fulltextoriginal
cristin.qualitycode1


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Navngivelse 4.0 Internasjonal
Except where otherwise noted, this item's license is described as Navngivelse 4.0 Internasjonal