This study examines how circular economy (CE) strategies contribute to climate change mitigation and sustainable development in the Nordic region. Analyzing resource productivity, environmental taxation, and corporate recycling practices from 1995 to 2021, it examines the impact of economic growth, trade openness, urbanization, and regulatory incentives on CE adoption. Using the STIRPAT model and quantile regression, findings highlight that resource productivity and environmental taxation are key drivers of circularity, while trade and urbanization present both opportunities and challenges. A bidirectional relationship between environmental taxation and recycling rates underscores the dynamic role of green fiscal policies. The study also contributes to institutional theory by demonstrating how fiscal mechanisms—such as environmental taxes—not only shape but also are shaped by recycling outcomes, reflecting adaptive and co‐evolving institutional arrangements. The study offers insights for businesses and policymakers, emphasizing the need for integrated governance and sustainable trade to support CE transitions. Implications extend beyond the Nordic context, offering a robust empirical foundation for CE integration in other high‐income and industrializing economies aiming to build low‐carbon, resource‐efficient systems.
Addressing environmental degradation has become a pressing priority in the era of global sustainability. As carbon dioxide (CO 2 ) emissions continue to escalate—particularly in emerging economies—identifying effective policy and technological pathways for emissions reduction is essential. This study investigates how economic growth, governance mechanisms, and technological advancement influence environmental sustainability in Mexico during the period 1980–2023. Mexico, a key emerging economy with ambitious climate goals, serves as a critical case for exploring these dynamics. Using annual time series data, the study employs the autoregressive distributed lag (ARDL) bounds testing method, supported by robustness checks using fully modified ordinary least squares (FMOLS), dynamic ordinary least squares (DOLS), and canonical cointegration regression (CCR) techniques. The findings reveal that fiscal decentralization and economic growth significantly contribute to environmental degradation, while renewable energy consumption and globalization are associated with reductions in CO 2 emissions. Although ICT expansion holds long‐term efficiency potential, it currently exacerbates emissions due to its dependence on fossil‐fuel‐based infrastructure. These results underscore the complex trade‐offs involved in aligning fiscal, technological, and energy policies with sustainability goals. The study concludes with clear policy recommendations: Mexico should reform its fiscal decentralization frameworks, invest in renewable‐powered ICT infrastructure, and accelerate clean energy development to fulfill its climate commitments. The findings offer actionable insights to guide low‐carbon transitions in emerging economies.
This review paper examines the influence of neuromarketing on consumer behavior research, emphasizing its origins, methodologies, impacts, and implications for customer engagement. This paper conducts a thorough narrative literature review on neuromarketing, analyzing the application of diverse neuroscientific techniques, including functional magnetic resonance imaging (fMRI), electroencephalography (EEG), positron emission tomography (PET), magnetoencephalography (MEG), and facial coding/eye tracking, to assess cerebral responses and forecast consumer behavior. Recent scholarly investigations underscore how neuromarketing utilizes contemporary breakthroughs to transform consumer behavior research by offering enhanced insights into cognition and emotion. These sophisticated tools have contested conventional study methodologies, facilitating a more comprehensive comprehension of the interaction between marketing stimuli and the brain. Nevertheless, the research also examines the ethical ramifications and issues associated with neuromarketing, especially with privacy and the absence of regulatory frameworks. The theoretical and practical aspects of the findings are that, the advanced neuroimaging techniques like fMRI, EEG, and eye-tracking have revealed the complex interactions between emotions, attention, and memory that traditional methods and neuromarketing transforms marketing by giving marketers new tools and approaches to boost results. This review synthesizes previous research on the topic, highlighting the necessity for equilibrium between scientific advancement and ethical accountability in neuromarketing, thereby benefiting both academic and commercial sectors.