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The extant literature has produced mixed evidence on the relationship between financial development and ecological sustainability. This work addresses this conundrum by investigating financial development's direct and indirect consequences on ecological quality utilizing the environmental...
Persistent link: https://www.econbiz.de/10014288899
The argument over fiscal decentralization and carbon dioxide emission (CO2) reduction has received much attention. However, evidence to back this claim is limited. Economic theory predicts that fiscal decentralization affects environmental quality, but the specifics of this relationship are...
Persistent link: https://www.econbiz.de/10014289021
direct investment (FDI), economic growth, and the environment in China and India. We find that, for China, FDI tends to … detrimental effect on the environment in the short-run, but has little effect in the long-run. Finally, it is found that income … growth in both countries tends to worsen the environment in both short- and long-run …
Persistent link: https://www.econbiz.de/10012942718
Korea, and South Africa based on the environment Kuznets curve (EKC) hypothesis. We employ the ARDL Bounds test to … between energy consumption, population density, economic growth, trade openness, and the environment across countries. …
Persistent link: https://www.econbiz.de/10011100138
Because of the lack of econometric studies in relevance to the link between tourism and renewable energy, the goal of this study is to remedy this lack and to explore the causal relationships between renewable energy consumption, the number of tourist arrivals, the trade openness ratio, economic...
Persistent link: https://www.econbiz.de/10012029604
exposed and vulnerable to the health and productivity losses associated with a degraded environment. Given that developing …
Persistent link: https://www.econbiz.de/10003811856
This paper investigates the existence of the environmental Kuznets curve (EKC) for carbon dioxide (CO2) emissions and its causal relationships with economic growth and openness by using time series data (1971-2006) from China (an emerging market), Korea (a newly industrialized country), and...
Persistent link: https://www.econbiz.de/10009300135
The study investigates the impact of trade openness on pollution in China by applying wavelet-coherence analysis, phase-difference technique and Breitung and Candelon (2006) causality test. The estimated results provide some dynamic association between trade openness and pollutant variables. The...
Persistent link: https://www.econbiz.de/10012270720
This study investigates the impact of trade and transport services on the environment in Africa. Secondary data for 21 … environmental degradation in Africa. The study concludes a mixed effect of trade and transport services on the environment in Africa … environment goal and this can be done by reviewing trade policy to encourage inflow of improved technology into the economies. …
Persistent link: https://www.econbiz.de/10012522650
product fragmentation and expanding commodity trade. We also explore the effects on production, trade, environment and …
Persistent link: https://www.econbiz.de/10014216172