Does economic policy uncertainty matter for carbon emission? Evidence from US sector level data

Jiang, Yong; Zhou, Zhongbao; Liu, Cenjie

doi:10.1007/s11356-019-05627-8

Cited by 166 publications

(154 citation statements)

References 62 publications

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“…Concerning the environmental impact of economic policy uncertainty, the EPU variable is highly statistically significant, with a posi- (Jiang et al, 2019). Also, economic policy uncertainty influences the potential to enhance innovation in clean energy technologies that affect the environment.…”

Section: Dynamic Ardl Estimation Resultsmentioning

confidence: 99%

“…Weak environmental regulation provides a loop for rent‐seeking and corruption (Z. Wang, Zhang, & Wang, 2018), and consequently weak environmental regulation increases pollution (Danish, Ulucak, et al, 2019). Low economic growth compels the government to introduce policies for the promotion of economic growth, which may lead to lax in EPU and neglecting it may increase carbon emissions during the time (Jiang et al, 2019). The weak environmental regulations invite dirty technologies in the form of foreign direct investment toward developing countries from developed countries (Sarkodie & Strezov, 2019).…”

Section: Introductionmentioning

confidence: 99%

“…Wang, Zhang, & Wang, 2018), and consequently weak environmental regulation increases pollution . Low economic growth compels the government to introduce policies for the promotion of economic growth, which may lead to lax in EPU and neglecting it may increase carbon emissions during the time (Jiang et al, 2019).…”

mentioning

confidence: 99%

“…Currently, EPU has increased noticeably. It is attributed that the EPU index and carbon emissions in the United States have steadily continued in a relatively consistent dynamic path and that carbon emissions increase as the EPU reaches its peak levels (Jiang et al, 2019). Narayan and Narayan's (2010), the current study provides a fresh insight to examine environmental Kuznets curve (EKC) hypothesis for CO 2 emissions in the United States; this could avoid the issue of either collinearity or multicollinearity and also fills the already existing academic gap on EKC literature on the evidence of energy intensity and CO 2 emission nexus through economic policy uncertainty.…”

mentioning

confidence: 99%

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Relationship between energy intensity and CO₂ emissions: Does economic policy matter?

Ulucak

Khan

2020

Sustainable Development

180

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In an environment with economic policy uncertainty, the policies of energy efficiency are probably compromised due to weak regulation measures. Inconsistent economic policies may lead to higher energy consumption, which damages the environment. However, works of literature are silent on the role of economic policy uncertainty in carbon emission and energy nexus. Hence, the study is an attempt to investigate the role of economic policy uncertainty in the relationship between energy intensity and carbon dioxide (CO 2) emissions in the United States by using annual data spanning from 1985 to 2017. A recent time series method proposed by Jordan and Philips (2018) is employed to get robust and consistent estimation results in the study. Empirical results reveal that (a) higher energy intensity contributes to pollution, (b) economic policy uncertainty adversely affects environmental quality, (c) economic policy uncertainty strengthens the detrimental effect of energy intensity on CO 2 emissions.

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Section: Dynamic Ardl Estimation Resultsmentioning

confidence: 99%

Section: Introductionmentioning

confidence: 99%

mentioning

confidence: 99%

mentioning

confidence: 99%

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Relationship between energy intensity and CO₂ emissions: Does economic policy matter?

Ulucak

Khan

2020

Sustainable Development

180

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“…A great number of research has proved the adverse impacts of EPU on real economy (Gu et al, 2021;Li et al, 2020), rm investments (Liu et al, 2020;Suh and Yang, 2021;Zhou et al, 2021), innovation activities (Guan et al, 2021;He et al, 2020), nancial markets (Danisman et al, 2020;Nguyen et al, 2020;Phan et al, 2021), and energy market (Xiao and Wang, 2021;Zhang and Yan, 2020). Based on the close link between economic activities and environmental quality, several authors propose the potential outcomes of EPU on environmental quality (Jiang et al, 2019;Yu et al, 2021). According to Jiang et al (2019), EPU may affect carbon dioxide emissions through three channels.…”

Section: Introductionmentioning

confidence: 99%

Environmental quality and the role of economic policy uncertainty, economic complexity, renewable energy, energy intensity: the case of G7 countries

Chu

2021

Preprint

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This study explores the environmental impacts of economic policy uncertainty, economic complexity, renewable energy, and energy intensity for G7 countries. To this end, the study employs Fully Modified Ordinary Least Squares and fixed effect model with Driscoll and Kraay (1998) robust standard errors for a panel dataset from 1997 to 2015. The findings demonstrate a long-term relationship between interested variables and carbon dioxide emissions and ecological footprint. Specifically, high energy intensity propels environmental pollution while economic policy uncertainty and renewable energy prove effective in controlling environmental degradation. The environmental Kuznet curve of economic complexity and environmental quality holds for G7 countries. Moreover, economic policy uncertainty strongly moderates the environmental effect of renewable energy, economic complexity, and energy intensity. While economic policy uncertainty amplifies the beneficial environmental effects of renewable energy and economic complexity, it magnifies the harmful effect of energy intensity on environmental quality. These empirical outcomes allow us to draw useful implications for policymakers to mitigate the environmental degradation.

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Does landscape ecology matter to a country's financial development? Evidence from China

Feng

Fu²

2023

Geological Journal

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Landscape ecology is vital and significantly contributes to the country's social and economic growth. This concept is directly linked with sustainable development goals, and a growing potential exists that landscape ecology will replace conventional landscaping practices as the authoritative framework for environmentally responsible landscaping. Decentralizing spatial planning policy requires local actors to work together to determine what physical changes must be made to the environment to reflect their respective values. To be applicable in such bottom‐up landscape‐development processes, this study checks the relationship between the landscape ecological perspective and the financial development of China over the period 1995–2021 by using the autoregressive distributed lag model. The findings indicated that green investment, environmental pressure and energy consumption play a significant role in China's financial development. Landscape ecological research should pay more attention to these dilemmas as a unifying common ground to produce a joint knowledge base that can be incorporated into multifunctional, actor‐led landscape development. This research adds value to the modern pattern‐process model in landscape ecology by developing this idea into a knowledgeable framework. Subsequently, this study promotes green investment activities and consumption of energy sources so that landscape ecology aims should be obtained through interdisciplinary research. Future research can be done by taking the emerging economies into account.

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Does economic policy uncertainty matter for carbon emission? Evidence from US sector level data

Cited by 166 publications

References 62 publications

Relationship between energy intensity and CO₂ emissions: Does economic policy matter?

Relationship between energy intensity and CO₂ emissions: Does economic policy matter?

Environmental quality and the role of economic policy uncertainty, economic complexity, renewable energy, energy intensity: the case of G7 countries

Does landscape ecology matter to a country's financial development? Evidence from China

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Does economic policy uncertainty matter for carbon emission? Evidence from US sector level data

Cited by 166 publications

References 62 publications

Relationship between energy intensity and CO2 emissions: Does economic policy matter?

Relationship between energy intensity and CO2 emissions: Does economic policy matter?

Environmental quality and the role of economic policy uncertainty, economic complexity, renewable energy, energy intensity: the case of G7 countries

Does landscape ecology matter to a country's financial development? Evidence from China

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Relationship between energy intensity and CO₂ emissions: Does economic policy matter?

Relationship between energy intensity and CO₂ emissions: Does economic policy matter?