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DOI10.1016/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
ISSN0301-4797
EISSN1095-8630
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
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
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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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