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The effect of import product diversification on carbon emissions: New evidence for sustainable economic policies

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dc.creator Dogan, Buhari
dc.creator Fang, Jianchun
dc.creator Can, Muhlis
dc.creator Hu, Guoheng
dc.creator Paramati, Sudharshan Reddy
dc.date 2020-03-01T00:00:00Z
dc.date.accessioned 2021-12-03T11:31:17Z
dc.date.available 2021-12-03T11:31:17Z
dc.identifier 8032528b-ca36-4348-9c3a-01c3ecc1d6b0
dc.identifier 10.1016/j.eap.2020.01.004
dc.identifier https://avesis.sdu.edu.tr/publication/details/8032528b-ca36-4348-9c3a-01c3ecc1d6b0/oai
dc.identifier.uri http://acikerisim.sdu.edu.tr/xmlui/handle/123456789/92995
dc.description This study examines the effect of import product diversification and renewable energy consumption on CO2 emissions across a panel of 35 developed and 93 developing economies. The empirical models utilize an environmental theoretical framework and yearly data for 1995-2014. The study makes use of common correlated effects-specifically mean group (CCE-MG) and augmented mean group (AMG) estimators. The overall results suggest that import product diversification has a substantial negative and positive impact on the carbon emissions of developed and developing economies, respectively. This study also finds that increasing renewable energy consumption helps to meet climate change targets by reducing carbon emissions. Thus, import product diversification and renewable energy could play an indispensable role in reducing carbon emissions in developed economies; while renewable energy is the only factor that assists developing economies meet their emission reduction targets at this stage. (c) 2020 Economic Society of Australia, Queensland. Published by Elsevier B.V. All rights reserved.
dc.language eng
dc.rights info:eu-repo/semantics/closedAccess
dc.title The effect of import product diversification on carbon emissions: New evidence for sustainable economic policies
dc.type info:eu-repo/semantics/article


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