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Investigating the role of globalization, and energy consumption for environmental externalities: Empirical evidence from developed and developing economies

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dc.creator Apergis, Nicholas
dc.creator Shahzad, Umer
dc.creator Dogan, Buhari
dc.creator Ghosh, Sudeshna
dc.creator Bashir, Muhammad Farhan
dc.creator Xia, Wanjun
dc.date 2022-01-01T00:00:00Z
dc.date.accessioned 2022-05-10T11:20:56Z
dc.date.available 2022-05-10T11:20:56Z
dc.identifier 9c936a7a-e50f-4611-ba87-cac14c1c5bef
dc.identifier 10.1016/j.renene.2021.10.084
dc.identifier https://avesis.sdu.edu.tr/publication/details/9c936a7a-e50f-4611-ba87-cac14c1c5bef/oai
dc.identifier.uri http://acikerisim.sdu.edu.tr/xmlui/handle/123456789/96821
dc.description Achieving sustainable environmental development, while further avoiding environmental degradation is an unprecedented challenge for policymakers. This article aims to explore whether the Environmental Kuznets Curve (EKC) hypothesis holds if the relevant carbon emissions modelling approach includes both energy consumption and the Konjunkturforschungsstelle (KOF) globalization index. The analysis is performed through panel methods and for 67 developed and developing countries, spanning the period 1971-2018. The empirical results demonstrate that there is a significant and positive association between globalization and carbon emissions. At the same time, higher GDP increases carbon emissions, while higher coal energy also leads to higher emissions, with the coefficient of the squared GDP turning out to be negative, which lends amble support to the validity of the EKC hypothesis. The findings of this article might be helpful in policy making regarding overall energy structure, carbon emissions, and globalization trends in developing and developed countries. (c) 2021 Elsevier Ltd. All rights reserved.
dc.language eng
dc.rights info:eu-repo/semantics/closedAccess
dc.title Investigating the role of globalization, and energy consumption for environmental externalities: Empirical evidence from developed and developing economies
dc.type info:eu-repo/semantics/article


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