Investigation of economic and financial determinants of carbon emissions by panel quantile regression analysis: the case of Visegrád countries

Shahbaz, Muhammad; Ilarslan, Kenan; YILDIZ, Münevvere; Vo, Xuan Vinh

doi:10.1007/s11356-022-20122-3

Cited by 5 publications

(1 citation statement)

References 122 publications

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“…Research findings have confirmed the hypothesis relationship (Kwamena Tachie et al, 2020;Musah et al, 2021;Sampene, Li et al, 2022;Shahbaz et al, 2022). The vehicle of economic progress requires openness to trade at the back.…”

Section: Introductionmentioning

confidence: 57%

Energy consumption and environmental deterioration: the moderating role of human capital in the Vise grad countries.

Nsiah

Gavurová

Kwasi

et al. 2022

Preprint

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The affiliation between energy consumption (ENC) and economic progress (ECP) has a significant environmental concern. The role of human capital (HUC) in lessening the depletion of the natural environment has been extensively researched. However, as a moderating variable, the affiliation between energy consumption and environmental deterioration (EVD) is novel in the literature. This study explores economic progress, environmental taxes (ENT), urbanization (URB), and trade openness (TRO) in the Visegrad Four nations (V4): Poland, Hungary, Slovakia, and the Czech Republic, using data from the WDI and OECD databases from 1994 to 2021. The second-generational panel unit root (CIPS and CADF) was employed for series stationarity. Pedroni and Westerlund's cointegration estimations were used to validate the series' long-term affiliation. The investigation applied the common correlated mean group (CCMG), augmented mean group (AMG), and fully modified ordinary least squares (FMOLS) as a rousted test. The panel causality of Dumitrescu and Hurlin was used to check for causality. The regression results demonstrated that economic progress and energy consumption had a significant favourable link to environmental deterioration, confirming the EKC hypothesis. Similarly, urbanization and openness had a positive nexus with EVD. Environmental taxes and human capital lessen the depletion of ecological quality. The results demonstrated an inverse nexus when human capital was moderated by energy consumption and environmental deterioration. The research suggests that education enrollment and awareness about emissions would lessen the use of non-renewable energy in the Visegrad nations. Finally, the study made several policy recommendations for decision- and policymakers in the V4 regions to combat climate change and increase sustainable energy use.

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Section: Introductionmentioning

confidence: 57%

Energy consumption and environmental deterioration: the moderating role of human capital in the Vise grad countries.

Nsiah

Gavurová

Kwasi

et al. 2022

Preprint

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Moderation of competitiveness in determining environmental sustainability: economic growth and transport sector carbon emissions in global perspective

Sardar

Asghar

Rehman

2022

Environ Dev Sustain

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How do logistics and financial ındicators contribute to carbon emissions in Turkiye?

Bayat,

İlarslan,

Shahbaz

2023

Environ Sci Pollut Res

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Increasing carbon emissions (CO 2 ) due to factors such as energy consumption (enco), industrialization, increase in world population, and decrease in green areas with the industrial revolution is one of the main causes of both climate change and global warming. Developments in an area containing risk factors that may affect businesses, countries, and the whole world. It is aimed to determine the impacts of nancial development ( ndev), GDP per capita (pgdp) energy consumption, and amount of freight carried by rail and road on CO 2 emissions within the framework of 1990-2021 time-series data for Turkey. By doing so, we employ the ARDL bound testing cointegration test and observe that independent variables have similar and different effects on CO 2 emissions. Energy consumption, ndev, and per capita income variables have a positive effect on CO 2 emissions in Turkey. The effect of rail and road freight transport (FT) on CO 2 emissions is negative. Although it is expected that the railway FT will contribute negatively to environmental pollution (EPol), the most interesting nding obtained from the study is related to road FT.The amount of freight transported by road has a decreasing effect on CO 2 emissions in Turkey. This paradoxical situation in Turkey may be due to the developments in the transportation infrastructure, which has enabled the convergence of space and time in recent years, young and modern vehicle eets, and the e ciency provided through logistics companies.

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Investigation of economic and financial determinants of carbon emissions by panel quantile regression analysis: the case of Visegrád countries

Cited by 5 publications

References 122 publications

Energy consumption and environmental deterioration: the moderating role of human capital in the Vise grad countries.

Energy consumption and environmental deterioration: the moderating role of human capital in the Vise grad countries.

Moderation of competitiveness in determining environmental sustainability: economic growth and transport sector carbon emissions in global perspective

How do logistics and financial ındicators contribute to carbon emissions in Turkiye?

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