Does the inflow of remittances and energy consumption increase CO2 emissions in the era of globalization? A global perspective

Yang, Bo; Jahanger, Atif; Khan, Muhammad Atif

doi:10.1007/s11869-020-00885-9

Cited by 117 publications

(74 citation statements)

References 75 publications

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“…In the current literature, some scholars have investigated the influences of remittances inflows on environmental sustainability for different regions. Recently, Yang et al (2020a) studied the influence of remittance inflows, energy utilization, and CO 2 emission in 97 countries. They reported that remittances increased the CO 2 emissions by enhancing the aggregate demand for industrial production with raise the energy utilization (fossil fuel) which in turn increases environmental degradation while globalization has a favorable effect on environmental quality.…”

Section: Remittance Inflows and The Environmentmentioning

confidence: 99%

“…Among others, recently, the remittance inflows, technological innovations, and financial development have conceived major attention and an important determinant of environmental sustainability. Particularly, in the existing literature, the influence of remittance inflows, technological innovations, and financial development on carbon dioxide (CO 2 emissions) has been observed (Brown et al 2020;Yang et al 2020a;Chen and Lee (2020;Amin et al 2020;Ibrahiem 2020). Although, previous studies have not found any definite conclusions, regarding the influence of specified variables on environmental quality.…”

Section: Introductionmentioning

confidence: 99%

“…The BRICS countries have received a remittance of approximately 1.10$ trillion in 2017; these economies have top remittance receiver's economies among developing countries. 4 The remittance supports the financial sector that provides funds/loans to investors for eco-friendly technology (Yang et al 2020a). The nexuses between remittance inflows and CO 2 emissions have been investigated by a number of researchers (for example, Neog and Yadava 2020;Brown et al 2020;Villanthenkodath and Mahalik 2020;Yang et al 2020a;Rahman et al 2019;Sharma et al 2019).…”

Section: Introductionmentioning

confidence: 99%

“…4 The remittance supports the financial sector that provides funds/loans to investors for eco-friendly technology (Yang et al 2020a). The nexuses between remittance inflows and CO 2 emissions have been investigated by a number of researchers (for example, Neog and Yadava 2020;Brown et al 2020;Villanthenkodath and Mahalik 2020;Yang et al 2020a;Rahman et al 2019;Sharma et al 2019). More specifically, there is no clear evidence on the role of remittance inflows, financial development, and technological innovation in influencing environmental sustainability by using ecological footprint in the context of BICS countries simultaneously.…”

Section: Introductionmentioning

confidence: 99%

“…On the given framework, the current paper makes numerous contributions to the environment literature. The existing literature has used CO 2 emission as the proxy of environmental degradation, which is broadly criticized by many scholars for its imperfect nature (Neog and Yadava 2020;Brown et al 2020;Villanthenkodat et al 2020;Yang et al 2020a;Rahman et al 2019;Sharma et al 2019). Firstly, to the best of the author's knowledge, this is the first study that used the ecological footprint (as a proxy of environmental sustainability) to investigate the dynamic linkage between remittance inflows, technological innovations, and financial development in the context of the EKC framework and given more valuable policy implications for BICS economies.…”

Section: Introductionmentioning

confidence: 99%

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Remittance inflows affect the ecological footprint in BICS countries: do technological innovation and financial development matter?

Yang

Jahanger

Ali

2021

Environ Sci Pollut Res

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199

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This study examines the impact of remittance inflows, technological innovations, and financial development on environmental quality in Brazil, India, China, and South Africa (BICS) economies over 1990-2016. This study employed a comprehensive environment proxy, i.e., ecological footprint for environmental quality, and also considers more advanced and robust econometric (second-generation) techniques. The outcomes of the current study reveal that remittance inflows and financial development significantly deteriorate the environmental quality, while technological innovations are an essential factor for the reduction of ecological footprint level. Furthermore, the results of the interaction terms show a significantly adverse effect on the ecological footprint. Additionally, the findings of country-wise analysis reveal that remittance inflows and financial development worsen the environmental quality in each sample country, while the technological innovations promote the environmental sustainability that is steady with panel results. Besides, the environmental Kuznets curve (EKC) hypothesis was verified across the BICS economies. Consistent with the key findings, an inverted U-shaped relationship exists between economic growth and ecological footprint in the case of Brazil and South Africa. In contrast, the U-shaped EKC hypothesis exists in the case of China and India. For robust policy implication, the findings of this study highlighted the dire need for "green policy tools" that should be linked with the BICS economy policies and driver for sustained growth.

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Section: Remittance Inflows and The Environmentmentioning

confidence: 99%

Section: Introductionmentioning

confidence: 99%

Section: Introductionmentioning

confidence: 99%

Section: Introductionmentioning

confidence: 99%

Section: Introductionmentioning

confidence: 99%

See 3 more Smart Citations

Remittance inflows affect the ecological footprint in BICS countries: do technological innovation and financial development matter?

Yang

Jahanger

Ali

2021

Environ Sci Pollut Res

Self Cite

199

View full text Add to dashboard Cite

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Impact of globalisation, remittances and human capital on environmental quality: Evidence from landlocked African countries

et al. 2023

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Studying environmental quality is essential for promoting sustainable development and ensuring a healthy and prosperous future for all, as it directly affects human health, well‐being, and quality of life. This paper looks at how globalisation, remittances, human capital, foreign direct investment, and financial growth affect carbon dioxide emissions in landlocked African countries from 1980 to 2018. The study looks at the elasticities between study factors by using second‐generation tests, as well as Continuously‐updated and Fully Modified (Cup‐FM) and Continuously‐updated and Bias‐Corrected (Cup‐BC) tests. The results show that remittances, human capital, natural resources, and income growth all make the environment worse by increasing CO2 emissions, whilst globalisation, foreign direct investment, and financial development all make it better by reducing emissions. The panel causality analysis shows that there are two ways in which transfers and CO2 emissions cause each other, but only one way in which CO2 emissions cause globalisation. Globalisation should be implemented sustainably to avoid irreversible long‐term environmental impacts that deprive future generations of the chance to prosper or maintain their quality of life. It should also empower people and reduce inequality in landlocked countries.

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A comprehensive analysis of the impact of greenhouse gases, energy usage, institutional quality and globalization on health: A case study of selected developing nations

Guo,

Ullah,

Zeb

et al. 2024

J of Intl Development

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This study inspects the health consequences of greenhouse gases, energy use, institutional quality and globalization for the 23 developing economies. Utilizing panel data from 2000 to 2022, various estimation techniques, including static models (pooled, fixed and random), the two‐step systemGeneralized Methods of Moments (GMM and Panel Auto Regressive Distributive Model (PARDL), are applied to investigate the short‐ and long‐term effects of greenhouse gases, energy use, institutional quality and globalization on health. Panel causality tests, Fully Modified Ordinary Least Squares (FMOLS) and Dynamic Ordinary Least Squares (DOLS) are employed to ensure robustness and causal linkage among variables. The results confirmed a positive association between health and its lag value. Institutional quality negatively influences health expenditure, while greenhouse gases, energy use and globalization exhibit an increasing effect on health expenditure. Life expectancy, institutional quality, energy use and globalization have favourable effects, while greenhouse gases negatively affect health outcomes. In Model 1, energy usage and health expenditures have two‐way causality, and green house gases and energy use in Model 2 have a bi‐directional causal linkage. All variables exhibit unidirectional causality, except globalization and institutional quality, as shown by the Dumitrescu and Hurlin causality test. The study complements the literature by stating that institutional quality is the key instrument for managing the negative consequences of the recent increase in globalization and energy use and their detrimental impact on health in developing economies.

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Does the inflow of remittances and energy consumption increase CO2 emissions in the era of globalization? A global perspective

Cited by 117 publications

References 75 publications

Remittance inflows affect the ecological footprint in BICS countries: do technological innovation and financial development matter?

Remittance inflows affect the ecological footprint in BICS countries: do technological innovation and financial development matter?

Impact of globalisation, remittances and human capital on environmental quality: Evidence from landlocked African countries

A comprehensive analysis of the impact of greenhouse gases, energy usage, institutional quality and globalization on health: A case study of selected developing nations

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