Impact of globalization, institutional quality, economic growth, electricity and renewable energy consumption on Carbon Dioxide Emission in OECD countries
| Autor: | Abdul Rehman, Muhammad Kamran Khan, Bahareh Oryani, Arifa Tanveer, Huimin Cao, Vishal Dagar |
|---|---|
| Rok vydání: | 2021 |
| Předmět: |
Consumption (economics)
Internationality Cointegration Short run business.industry Natural resource economics Health Toxicology and Mutagenesis General Medicine Carbon Dioxide Pollution Globalization chemistry.chemical_compound Electricity chemistry Carbon dioxide Economics Environmental Chemistry Stock market Economic Development Renewable Energy business Organisation for Economic Co-Operation and Development Institutional quality |
| Zdroj: | Environmental Science and Pollution Research. 29:24191-24202 |
| ISSN: | 1614-7499 0944-1344 |
| Popis: | This research for the first time examines the influence of the financial development, stock market, globalization, institutional quality, economic growth, electricity, and renewable energy consumption on carbon dioxide emission from 1985 to 2018 in thirty-six (OECD) countries. Cointegrations exist in the used variables based on the examined findings of the Kao, Westerlund, and Pedroni cointegration. Findings of the pooled mean group (PMG) indicate that renewable energy consumption, globalization, and institutional quality assist to reduce the carbon dioxide emission that improve the environment while financial development, stock market, electricity consumption, and economic growth cause to increase the carbon dioxide emission in OECD countries both in the long and in the short run. To reduce carbon dioxide emission, important policy implications are suggested for OECD countries. |
| Databáze: | OpenAIRE |
| Externí odkaz: |
|
Full text from SpringerLink