Technological Transition and Carbon Constraints Under Uncertainty

Golub, Alexander

doi:10.1007/978-3-030-30978-7_4

Cited by 9 publications

(4 citation statements)

References 15 publications

Supporting

Mentioning

Contrasting

Order By: Relevance

“…In second panel, the study indicated a negative and significant impact of FNII on CO2 emission in all three models for LGE, indicating that an increase in FNII likely to reduce the carbon emission and hence improve the environment quality, also seen by Renzhi and Baek (2020). Secondly, POLU is estimated to have positive impact on carbon emission, indicating that any enhancement in form of economic policy uncertainty in the country will retort the environment quality, similar to the findings of Golub (2020). Globalization also found to have a positive and significant impact on CO2 emission in case of LGE, as shown in the study of Ahmed and Le (2021).…”

Section: Regression Resultssupporting

confidence: 53%

“…Climatic fluctuations are essential in economic analysis and policy advice, according to the recent climate scientific research (Golub et al 2017 ; Workman et al 2020 ). According to Golub ( 2020 ), uncertainty about climate policies reduces the prospect that an economy will convergence to a greater stable state. Both under-estimation and over-estimation of economic policy uncertainty insinuations for environmental policy-making according to Guo et al ( 2019 ).…”

Section: Empirical Literaturementioning

confidence: 99%

See 1 more Smart Citation

Environmental concerns of financial inclusion and economic policy uncertainty in the era of globalization: evidence from low & high globalized OECD economies

Ullah

Ali

Shah

et al. 2022

Environ Sci Pollut Res

View full text Add to dashboard Cite

Environmental consequences of financial aspects, policy uncertainties and rapid globalization is the topic of intense debate in present years. However, this study contribute to existing literature in an innovative way. We classified the 33 OECD economies in two group’s lower globalized economies (LGE) and highly globalized economies (HGE), based on their level of globalization. Considering the cross-sectional dependency and slope heterogeneity in the data this study employed the Augmented Mean Group method to estimate the influence of financial inclusion, economic policy uncertainty and globalization on the environment quality of both groups for the period 1996–2019. The results revealed a negative significant impact of financial inclusion, while a positive significant impact of economic policy uncertainty on CO2 emissions in both groups, LGE and HGE. However the globalization estimated to have positive impact on CO2 emission in LGE’s, in HGE’s it is significantly impeding the CO2 emission. The interaction of globalization with financial inclusion and economic policy uncertainty respectively found negative and positive to effect the CO2 in both LGE’s and HGE’s. The study suggests that, LGE’s are need to prepare for economic globalization, move toward adopting energy-efficient technology and promote trade in less-polluting products in order to sustain their environment quality. The outcomes of this study are robust by employing different model specifications.

show abstract

Section: Regression Resultssupporting

confidence: 53%

Section: Empirical Literaturementioning

confidence: 99%

Environmental concerns of financial inclusion and economic policy uncertainty in the era of globalization: evidence from low & high globalized OECD economies

Ullah

Ali

Shah

et al. 2022

Environ Sci Pollut Res

View full text Add to dashboard Cite

show abstract

“…Current studies of climate science research suggests that the climate dynamics is important in economic analysis and policy guidance (Brock & Hansen, 2018;Contreras & Platania, 2019;Workman et al, 2020). Golub (2020) shows that climate policy uncertainty decreases the probability of an economy to converge to a higher steady state. Indeed, Guo et al (2019) have argued that both underestimation and overestimation of uncertainties have implications for environmental policy making.…”

Section: Introductionmentioning

confidence: 99%

Energy consumption, economic policy uncertainty and carbon emissions; causality evidence from resource rich economies

Adams

Adedoyin

Olaniran

et al. 2020

Economic Analysis and Policy

218

120

View full text Add to dashboard Cite

“…Climatic fluctuations are critical for economic analysis and policy guidance. According to Golub (2020), this is hampered by uncertainty about climate policies. For environmental policy-making, Guo, Tan, et al (2019) suggest that economic policy uncertainty influences the decision-making process by altering the abatement and emission paths.…”

Section: Theoretical Background and Review Of Literaturementioning

confidence: 99%

The nexus between climate change risk and financial policy uncertainty

2022

View full text Add to dashboard Cite

We investigate the role of financial policy uncertainty in climate change risk. We use the financial policies uncertainty index to estimate its composite effectiveness on climate change. We test the financial development role from two perspectives covering the credit channel and market liquidation facilities for climate change. We also test the role of financial policy uncertainty through moderating channels of renewable energy production and financial development. Our sample comprises 42 developing economies from 1991 to 2020. We apply the fixed‐effects estimation, feasible generalized least squares (FGLS) method and bootstrap quantile to analyze the results. The empirical results reveal that financial policy uncertainty plays a significant role in climate change risk. We conclude that climate change risk management policies and financial policy uncertainties should be considered as key indicators of financial development.

show abstract

Technological Transition and Carbon Constraints Under Uncertainty

Cited by 9 publications

References 15 publications

Environmental concerns of financial inclusion and economic policy uncertainty in the era of globalization: evidence from low & high globalized OECD economies

Environmental concerns of financial inclusion and economic policy uncertainty in the era of globalization: evidence from low & high globalized OECD economies

Energy consumption, economic policy uncertainty and carbon emissions; causality evidence from resource rich economies

The nexus between climate change risk and financial policy uncertainty

Contact Info

Product

Resources

About