Modeling the relationship between economic complexity and environmental degradation: Evidence from top seven economic complexity countries
Autor(a) principal: | |
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Data de Publicação: | 2021 |
Outros Autores: | , , , , , |
Tipo de documento: | Artigo |
Idioma: | eng |
Título da fonte: | Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) |
Texto Completo: | http://hdl.handle.net/10071/23343 |
Resumo: | The continuous growth in CO2 emissions of nations around the globe has made achieving the aim of sustainable development extremely challenging. Therefore, the current research assesses the connection between CO2 emissions and economic complexity in the top 7 economic complexity countries while taking into account the role of economic growth, renewable energy consumption, and globalization for the period between 1993 and 2018. The research aims to answer the following questions: 1) What is the association between CO2 and the regressors in the long-run? 2) What are the effects of renewable energy consumption, economic growth, economic complexity, and globalization on CO2 emissions? The research utilized the CS-ARDL, CCEMG and panel causality approaches to investigate these interconnections. The empirical outcomes revealed that economic growth and economic complexity increase CO2 emissions while renewable energy consumption and globalization mitigate CO2 emissions. The outcomes of the causality test revealed a feedback causal connection between economic growth and CO2, while a unidirectional causality was established from economic complexity, globalization and renewable energy consumption to CO2 emissions in the top 7 economic complexity countries. |
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Modeling the relationship between economic complexity and environmental degradation: Evidence from top seven economic complexity countriesCO2 emissionsEconomic complexityGlobalizationRenewable energy consumptionEconomic growthThe continuous growth in CO2 emissions of nations around the globe has made achieving the aim of sustainable development extremely challenging. Therefore, the current research assesses the connection between CO2 emissions and economic complexity in the top 7 economic complexity countries while taking into account the role of economic growth, renewable energy consumption, and globalization for the period between 1993 and 2018. The research aims to answer the following questions: 1) What is the association between CO2 and the regressors in the long-run? 2) What are the effects of renewable energy consumption, economic growth, economic complexity, and globalization on CO2 emissions? The research utilized the CS-ARDL, CCEMG and panel causality approaches to investigate these interconnections. The empirical outcomes revealed that economic growth and economic complexity increase CO2 emissions while renewable energy consumption and globalization mitigate CO2 emissions. The outcomes of the causality test revealed a feedback causal connection between economic growth and CO2, while a unidirectional causality was established from economic complexity, globalization and renewable energy consumption to CO2 emissions in the top 7 economic complexity countries.Frontiers Media S.A.2021-10-15T16:06:46Z2021-01-01T00:00:00Z20212021-10-15T17:05:40Zinfo:eu-repo/semantics/publishedVersioninfo:eu-repo/semantics/articleapplication/pdfhttp://hdl.handle.net/10071/23343eng2296-665X10.3389/fenvs.2021.744781Martins, J.Adebayo, T. S.Mata, M. N.Oladipupo, S. D.Adeshola, I.Ahmed, Z.Correia, A. B.info:eu-repo/semantics/openAccessreponame:Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)instname:Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informaçãoinstacron:RCAAP2023-11-09T17:25:54Zoai:repositorio.iscte-iul.pt:10071/23343Portal AgregadorONGhttps://www.rcaap.pt/oai/openaireopendoar:71602024-03-19T22:11:34.221134Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) - Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informaçãofalse |
dc.title.none.fl_str_mv |
Modeling the relationship between economic complexity and environmental degradation: Evidence from top seven economic complexity countries |
title |
Modeling the relationship between economic complexity and environmental degradation: Evidence from top seven economic complexity countries |
spellingShingle |
Modeling the relationship between economic complexity and environmental degradation: Evidence from top seven economic complexity countries Martins, J. CO2 emissions Economic complexity Globalization Renewable energy consumption Economic growth |
title_short |
Modeling the relationship between economic complexity and environmental degradation: Evidence from top seven economic complexity countries |
title_full |
Modeling the relationship between economic complexity and environmental degradation: Evidence from top seven economic complexity countries |
title_fullStr |
Modeling the relationship between economic complexity and environmental degradation: Evidence from top seven economic complexity countries |
title_full_unstemmed |
Modeling the relationship between economic complexity and environmental degradation: Evidence from top seven economic complexity countries |
title_sort |
Modeling the relationship between economic complexity and environmental degradation: Evidence from top seven economic complexity countries |
author |
Martins, J. |
author_facet |
Martins, J. Adebayo, T. S. Mata, M. N. Oladipupo, S. D. Adeshola, I. Ahmed, Z. Correia, A. B. |
author_role |
author |
author2 |
Adebayo, T. S. Mata, M. N. Oladipupo, S. D. Adeshola, I. Ahmed, Z. Correia, A. B. |
author2_role |
author author author author author author |
dc.contributor.author.fl_str_mv |
Martins, J. Adebayo, T. S. Mata, M. N. Oladipupo, S. D. Adeshola, I. Ahmed, Z. Correia, A. B. |
dc.subject.por.fl_str_mv |
CO2 emissions Economic complexity Globalization Renewable energy consumption Economic growth |
topic |
CO2 emissions Economic complexity Globalization Renewable energy consumption Economic growth |
description |
The continuous growth in CO2 emissions of nations around the globe has made achieving the aim of sustainable development extremely challenging. Therefore, the current research assesses the connection between CO2 emissions and economic complexity in the top 7 economic complexity countries while taking into account the role of economic growth, renewable energy consumption, and globalization for the period between 1993 and 2018. The research aims to answer the following questions: 1) What is the association between CO2 and the regressors in the long-run? 2) What are the effects of renewable energy consumption, economic growth, economic complexity, and globalization on CO2 emissions? The research utilized the CS-ARDL, CCEMG and panel causality approaches to investigate these interconnections. The empirical outcomes revealed that economic growth and economic complexity increase CO2 emissions while renewable energy consumption and globalization mitigate CO2 emissions. The outcomes of the causality test revealed a feedback causal connection between economic growth and CO2, while a unidirectional causality was established from economic complexity, globalization and renewable energy consumption to CO2 emissions in the top 7 economic complexity countries. |
publishDate |
2021 |
dc.date.none.fl_str_mv |
2021-10-15T16:06:46Z 2021-01-01T00:00:00Z 2021 2021-10-15T17:05:40Z |
dc.type.status.fl_str_mv |
info:eu-repo/semantics/publishedVersion |
dc.type.driver.fl_str_mv |
info:eu-repo/semantics/article |
format |
article |
status_str |
publishedVersion |
dc.identifier.uri.fl_str_mv |
http://hdl.handle.net/10071/23343 |
url |
http://hdl.handle.net/10071/23343 |
dc.language.iso.fl_str_mv |
eng |
language |
eng |
dc.relation.none.fl_str_mv |
2296-665X 10.3389/fenvs.2021.744781 |
dc.rights.driver.fl_str_mv |
info:eu-repo/semantics/openAccess |
eu_rights_str_mv |
openAccess |
dc.format.none.fl_str_mv |
application/pdf |
dc.publisher.none.fl_str_mv |
Frontiers Media S.A. |
publisher.none.fl_str_mv |
Frontiers Media S.A. |
dc.source.none.fl_str_mv |
reponame:Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) instname:Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informação instacron:RCAAP |
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Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informação |
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RCAAP |
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RCAAP |
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Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) |
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Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) |
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Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) - Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informação |
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1799134670690975744 |