The effects of globalization, energy consumption and economic growth on carbon dioxide emissions in South Asian countries

Khan, Muhammad Bilal; Saleem, Hummera; Shabbir, Malik Shahzad; Xie, Hong

doi:10.1177/0958305x20986896

Cited by 128 publications

(58 citation statements)

References 137 publications

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“…Nguyen et al (2020) examined the impact of the informal economy on the economic growth of Pakistan. Moreover, results of some variables from (Arif et al, 2020;Khan et al, 2021;Saleem et al, 2019) for instance; (GDP, GDP growth and Exchange rate) are also similar to in our study.…”

Section: Review Of Literaturesupporting

confidence: 90%

Nexus between economic growth and foreign private investment: Evidence from Pakistan economy

Sadiq¹,

Usman

Zamir

et al. 2021

Cogent Economics & Finance

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This study examines the impact of economic growth along with taxes, technology, trade openness and exchange rate on the sustainability of foreign private investment (FPI) in Pakistan. This study uses random effects and generalized least squares estimators and contains data set starting from 1996 to 2017. The results indicate that the Pakistan economy has vastly positive influenced regarding the location and choice of emerging and developed countries' investment in the domestic market. Furthermore, emerging and developed economies investment increases the contribution among domestic firms to the national economy. The results, which are consistent across models, indicate that Pakistan's economy is more likely to receive FPI from emerging and developed economies, but the relative intensity of local government efforts, regardless of economic size. Moreover, an increase in likelihood will generate FPI from developed countries.

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Section: Review Of Literaturesupporting

confidence: 90%

Nexus between economic growth and foreign private investment: Evidence from Pakistan economy

Sadiq¹,

Usman

Zamir

et al. 2021

Cogent Economics & Finance

Self Cite

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“…Environmental regulation is an essential means to achieve sustainable development and to deal with issues of available scarce resources as well as growing environmental pollution (Ouyang et al, 2020). Most developed and transitional countries have adopted a series of environmental policies to mitigate air emissions, regulate water and soil pollution, and reduce energy consumption (García-Quevedo and Jové-Llopis, 2021; Khan et al, 2021b;Villanthenkodath et al, 2021). Various previous studies have investigated the economic consequences of environmental regulation.…”

Section: Introductionmentioning

confidence: 99%

Environmental Regulation and Corporate Cash Holdings: Evidence From China’s New Environmental Protection Law

Zhang

Cheng

2022

Front. Environ. Sci.

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Exploiting the 2014 Environmental Protection Law (EPL) in China as quasi-natural experiments, we adopt a difference-in-differences approach to examine the impact of environmental regulation on corporate cash holdings. We document that heavy-polluting firms increase their cash holdings 15% more than non-heavy-polluting firms due to stringent environmental regulation. Further tests show that the heightened environmental uncertainty, the limited access to bank loans, and the decline in obtaining government subsidies for heavy-polluting firms are three plausible channels that allow environmental regulation to increase corporate cash holdings. The effects of environmental regulation on cash holdings are stronger for firms without political backgrounds and those in regions with less dependent on the secondary sector. Overall, our results offer original evidence showing how environmental regulation in emerging economies affects firms’ liquidity management decisions and support the precautionary effect of cash holdings.

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“…Furthermore, the negative (+) and positive (−) values of economic growth (GDP) and GDP square in this study support the existence of the EKC hypothesis in the region. As one unit increase in economic growth carbon emission increased by 26.559 and one unit increase in GDP square reduce carbon emission by 1.811 and these empirical findings are supported by Khan et al (2022).…”

Section: Discussionmentioning

confidence: 59%

Environmental Effects of China’s Overseas Direct Investment in South Asia

et al. 2022

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This paper attempts to analyze the effects of China’s outward direct investment on environmental pollution in selected South Asian countries from 2004 to 2019 under framework of environmental Kuznet curve hypothesis. This empirical work is accomplished through fully modified ordinary least square. The findings of the full panel of fully modified ordinary least square indicates that China’s outward direct investment significantly spurs carbon emissions by (9.9%), which destroy the environment quality in the region. However, the estimated coefficients of the full panel of the fully modified ordinary least square indicates that (+) and (−) values of GDP and GDP square validate the environmental Kuznet curve hypothesis existence in the South Asia economies. Furthermore, when taking the individual countries, the environment consequences, individual characteristics of the countries and the GDP growth shows various temporal pattern of KEC hypothesis. Like in India there exist inverted U-shape curve, while Pakistan and Nepal manifest U-shape curve, whereas Bangladesh shows N-shape curve. Furthermore, this paper has identified bidirectional causality between economic growth, energy, financial development and carbon emissions. The empirical evidence implies that when governments consider foreign direct investment, they should priorities environmental protection mechanisms.

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The effects of globalization, energy consumption and economic growth on carbon dioxide emissions in South Asian countries

Cited by 128 publications

References 137 publications

Nexus between economic growth and foreign private investment: Evidence from Pakistan economy

Nexus between economic growth and foreign private investment: Evidence from Pakistan economy

Environmental Regulation and Corporate Cash Holdings: Evidence From China’s New Environmental Protection Law

Environmental Effects of China’s Overseas Direct Investment in South Asia

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