Study on the long-term impact of economic globalization and population aging on CO2 emissions in OECD countries

Yang, Xiyue; Li, Nan; Mu, Hailin; Pang, Jingru; Zhao, Heran; Ahmad, Mahmood

doi:10.1016/j.scitotenv.2021.147625

Cited by 90 publications

(42 citation statements)

References 51 publications

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“…Their results confirmed the existence of the EKC as environmental degradation decreases with the increase in income over time. Similar findings are also reported by numerous scholars, for instance, Pata [38] for Turkey, Song et al [39] for the United States and China, Danish et al [40] for BRICS countries, Narayan et al [41] for the panel of 181 countries. Yang et al [42] also revealed the presence of EKC in OECD countries, suggesting that economic growth causes environmental degradation at an early level of development but improves environmental quality after reaching a certain level.…”

Section: Economic Growth and Co 2 Emissions Nexussupporting

confidence: 88%

Linking Innovative Human Capital, Economic Growth, and CO2 Emissions: An Empirical Study Based on Chinese Provincial Panel Data

Lin

Zhao

Ahmad

et al. 2021

IJERPH

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To study the economic and environmental effects of human capital, previous studies measure human capital based on education; however, this approach has many shortcomings because not all educated people are innovative human capital. Hence, this study introduces the concept of innovative human capital by developing a new index that measures human capital based on the number of patents every one million R&D staff full-time equivalent. After this, this paper studies the impact of innovative human capital on CO2 emissions in China. The provincial panel data of 30 Chinese provinces from 2003 to 2017 is analyzed using the fixed effect, ordinary least squares, and the system generalized method of moments (SYS-GMM). The analysis revealed that innovative human capital alleviates environmental deterioration in China. The findings unfold the existence of the environmental Kuznets curve (EKC) considering innovative human capital in the model. It implies that Chinese economic development will eventually support environmental sustainability if China continues to develop its innovative human capital. Among the control variables, economic structure, population density, and energy intensity stimulate environmental degradation by increasing CO2 emissions. However, FDI has a negative relationship with CO2 emissions. Lastly, the study proposes comprehensive policies to increase innovative human capital for environmental sustainability.

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Section: Economic Growth and Co 2 Emissions Nexussupporting

confidence: 88%

Linking Innovative Human Capital, Economic Growth, and CO2 Emissions: An Empirical Study Based on Chinese Provincial Panel Data

Lin

Zhao

Ahmad

et al. 2021

IJERPH

Self Cite

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“…To put it another way, the overall provincial emissions are a result of China's economic growth. Our findings are consistent with the results of Yang et al [68]. The coefficient TD is strongly positive, indicating that a vastly increased a number of foreign visitors or tourists in China is continuing to increase total carbon emissions.…”

Section: Discussionsupporting

confidence: 93%

Modeling the Dynamic Linkage between Tourism Development, Technological Innovation, Urbanization and Environmental Quality: Provincial Data Analysis of China

Cheng-hu

Arif

Shehzad

et al. 2021

IJERPH

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This study investigates the linkage between tourism development, technological innovation, urbanization and environmental degradation across 30 provinces of China. Based on data from 2001 to 2018, the study used an advanced economic methodology for the long-run estimate, the Augmented Mean Group (AMG) estimator, which accounts for heterogeneity in slope parameters and dependencies across countries. The empirical results show that tourism development degrades environmental quality, while technological innovation mitigates carbon emissions. Further, findings show that urbanization increases carbon emissions, while an inverted U-shaped relationship exists between economic growth and environmental degradation, implying the existence of EKC in China. Further, the Dumitrescu–Hurlin panel causality test shows that any policy aimed at tourism development or technological innovation would substantially contribute to environmental degradation, but not the other way round.

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“…Their results demonstrated that a 1% increase in economic globalization reduces CO 2 emissions by −0.11% in the long run. Likewise, Yang et al (2021) analyzed the correlation between economic globalization and emission in the context of OECD countries. Using the FMOLS and AMG methods, they conclude that economic globalization improves ecological excellence.…”

Section: Literature Reviewmentioning

confidence: 99%

Logistics performance and environmental sustainability: Do green innovation, renewable energy, and economic globalization matter?

Bin

Wan

Hanif

et al. 2022

Front. Environ. Sci.

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The logistics sector plays an imperative role in the economic development of a country. However, it can also affect environmental quality as it the viewed as a major energy-consuming sector. The current literature on the relationship between logistics performance and environmental quality is scant and most studies neglect its environmental impact in the context of emerging countries. In this context, this study investigates the impact of logistics performance index (LPI), green innovation, renewable energy, and economic globalization on the environmental quality in the 22 emerging countries. Using the panel data from 2007 to 2018, we employed the Method of Moments Quantile Regression (MM-QR) for empirical analysis. The empirical results show that LPI deteriorates the environmental quality by increasing CO2 emissions across all quantiles (10th–90th). Moreover, green innovation is significantly and negatively related to CO2 emission in all the quantiles except at the 10th quantiles, while renewable energy use significantly improves the environmental quality across all quantiles (10th–90th). Economic globalization shows a significant and negative impact on CO2 emission across quantiles (10th–90th) in emerging countries. Based on these findings, this study proposes that emerging countries need to align their logistics sector policies with sustainable development goals. At the same time, more resources should be allocated for green innovation and the renewable energy sector and promote economic globalization to foster sustainable development.

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Study on the long-term impact of economic globalization and population aging on CO2 emissions in OECD countries

Cited by 90 publications

References 51 publications

Linking Innovative Human Capital, Economic Growth, and CO2 Emissions: An Empirical Study Based on Chinese Provincial Panel Data

Linking Innovative Human Capital, Economic Growth, and CO2 Emissions: An Empirical Study Based on Chinese Provincial Panel Data

Modeling the Dynamic Linkage between Tourism Development, Technological Innovation, Urbanization and Environmental Quality: Provincial Data Analysis of China

Logistics performance and environmental sustainability: Do green innovation, renewable energy, and economic globalization matter?

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