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DOI | 10.1016/j.jenvman.2022.115893 |
Environmental regulations, political risk and consumption-based carbon emissions: Evidence from OECD economies | |
Hassan, Taimoor; Khan, Yasir; He, Chaolin; Chen, Jian; Alsagr, Naif; Song, Huaming; Khan, Naveed | |
发表日期 | 2022 |
ISSN | 0301-4797 |
EISSN | 1095-8630 |
卷号 | 320 |
英文摘要 | The staggering rise in global temperature and abrupt change of climate are the responses of nature alerting humanity to limit the emissions of hazardous gases and adopt environmentally-benign life style. The present study explores empirically whether any changes in environmental policy stringency (EPSI), political risk (PR), and the interaction term of EPSI*PR result in any alteration of consumption-based carbon emissions (CBCE) of the 24 advanced OECD economies over the period of 1990-2020. Prior to the empirical estimations, various diagnostic tests are employed. The empirical techniques include, panel cointegration check, Cross-sectional Augmented Autoregressive Distributed Lags (CS-ARDL), and Dumitrescu & Hurlin panel causality test. The findings confirm that imports, gross domestic product, and stringency of environment policies activate CBCE in short-run. Whereas, a unit improvement in political risk and its interaction with environmental policy stringency give rise to 0.231 MtCO2 of CBCE in long run. Interestingly, the squared term of environmental policy stringency effectively tackles such emissions. Based on the findings, we conclude that the present environment related policies of OECD member states does not effectively limit CBCE. In order to achieve genuine emissions reduction goals, the selected nations should restructure their environment related policies by prioritizing increments in environmental policy stringency along with minimizing the risks involved in the political system. |
英文关键词 | Consumption-based carbon emissions; Environmental policy stringency; Political risk; OECD member States; CS-ARDL technique |
语种 | 英语 |
WOS研究方向 | Environmental Sciences |
WOS类目 | Science Citation Index Expanded (SCI-EXPANDED) |
WOS记录号 | WOS:000848489200004 |
来源期刊 | JOURNAL OF ENVIRONMENTAL MANAGEMENT
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文献类型 | 期刊论文 |
条目标识符 | http://gcip.llas.ac.cn/handle/2XKMVOVA/280824 |
作者单位 | Anhui Polytechnic University; Imam Mohammad Ibn Saud Islamic University (IMSIU); Nanjing University of Science & Technology; Southeast University - China |
推荐引用方式 GB/T 7714 | Hassan, Taimoor,Khan, Yasir,He, Chaolin,et al. Environmental regulations, political risk and consumption-based carbon emissions: Evidence from OECD economies[J],2022,320. |
APA | Hassan, Taimoor.,Khan, Yasir.,He, Chaolin.,Chen, Jian.,Alsagr, Naif.,...&Khan, Naveed.(2022).Environmental regulations, political risk and consumption-based carbon emissions: Evidence from OECD economies.JOURNAL OF ENVIRONMENTAL MANAGEMENT,320. |
MLA | Hassan, Taimoor,et al."Environmental regulations, political risk and consumption-based carbon emissions: Evidence from OECD economies".JOURNAL OF ENVIRONMENTAL MANAGEMENT 320(2022). |
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