Assessing the impact of geopolitical, economic, and institutional factors on China's environmental management in the Russian-Ukraine conflicting era.
Autor: | Ahmed B; School of Business, Qingdao University, Qingdao, Shandong Province, China. Electronic address: bilalahmedqdu@gmail.com., Wahab S; School of Economics, Qingdao University, Qingdao, Shandong Province, China. Electronic address: Maanwahab94@gmail.com., Rahim S; Pakistan Institute of Development Economics (PIDE), Islamabad, Pakistan. Electronic address: syedpidean@hotmail.com., Imran M; School of Finance and Economics, Jiangsu University, Jiangsu Province, China. Electronic address: Imranecon@hotmail.com., Khan AA; School of Management Sciences and Engineering, Zhengzhou University, Zhengzhou, Henan, China. Electronic address: Afaq.a47@gmail.com., Ageli MM; College of Applied Business Administration., King Saud University, Riyadh, Saudi Arabia. Electronic address: mageli@ksu.edu.sa. |
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Jazyk: | angličtina |
Zdroj: | Journal of environmental management [J Environ Manage] 2024 Apr; Vol. 356, pp. 120579. Date of Electronic Publication: 2024 Mar 18. |
DOI: | 10.1016/j.jenvman.2024.120579 |
Abstrakt: | In contemporary times, geopolitical risk, and natural resources prices are susceptible due to the Russian-Ukraine conflict. In the meantime, emerging economies are struggling to explore the factors that could reduce ecological challenges and enhance environmental management. This research aims to analyze several economic, environmental, political, and institutional variables to ascertain their influence on greenhouse gas emissions in China. Covering the latest period from 1990 to 2022, various time series tests, including normality, stationarity, and cointegration tests. The results confirm that the variables studied have a stable pattern over time and are connected in the long run. The non-normal distribution of variables leads to opt novel moment quantile regression, where the results are tested for robustness via parametric approaches. The empirical results asserted that economic growth, natural resource prices, and trade significantly enhance ecological challenges (emissions). However, globalization, geopolitical risk, and institutional quality significantly reduce such environmental challenges. The results are robust, and both unidirectional and bidirectional causal associations confirm the importance of these variables in environmental management. Based on the results, this study recommends engagement in environmentally-friendly trading, investment in clean and green energy, and strengthening institutional quality for the region's environmental recovery. Competing Interests: Declaration of competing interest The authors declare the following financial interests/personal relationships which may be considered as potential competing interests:Salman Wahab reports a relationship with Qingdao University that includes: non-financial support. (Copyright © 2024 Elsevier Ltd. All rights reserved.) |
Databáze: | MEDLINE |
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