DO TRADE, FDI AND GLOBALIZATION HURT ENVIRONMENTAL SUSTAINABILITY IN ASEAN NATIONAL GOVERNANCE, INDUSTRIALISATION AND ENVIRONMENTAL SUSTAINABILITY IN A GLOBALIZED BUSINESS ENVIRONMENT: A PANEL DATA ANALYSIS OF TRADE-OFF
| Autor: | Heru Rochmansjah, Muhadam Labolo |
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| Rok vydání: | 2020 |
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010504 meteorology & atmospheric sciences Renewable Energy Sustainability and the Environment Corporate governance media_common.quotation_subject Geography Planning and Development Environmental pollution Foreign direct investment International economics 010501 environmental sciences 01 natural sciences Globalization Industrialisation Sustainability Business Safety Research 0105 earth and related environmental sciences media_common Panel data |
| Zdroj: | Journal of Security and Sustainability Issues. 10:81-92 |
| ISSN: | 2029-7025 |
| DOI: | 10.9770/jssi.2020.10.oct(6) |
| Popis: | Environmental pollution has become a major issue in different regions of the world due to industrialization and other activities. The environmental sustainability is facing serious damages and it needs to be rectified as soon as possible. In this scenario, the current study has been conducted with the motive to find out and study the impact of trade, FDI and globalization on the environmental sustainability of ASEAN countries. To achieve this objective, the researchers collected data for this purpose from the ASEAN countries of 28 years from reliable resources. After data collection, the researchers applied the most appropriate techniques and approaches to analyze the collected data such as unit root test, diagnostic tests, correlation test, PCSE and GMM estimation tests. The diagnostic tests suggested that the collected data is heteroskedastic, variables are autocorrelated and cross dependent but without multicollinearity. The results indicated that in the case of both PCSE and GMM estimation, all the independent variables i.e. trade; FDI and globalization have a significant and positive impact on environmental sustainability. This study has major practical implication that it will make the conditions of trade, FDI and globalization better in ASEAN and other countries and ultimately have a positive impact on the environment. |
| Databáze: | OpenAIRE |
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