Identifying impact of international trade and renewable energy consumption on environmental quality improvement and their role in global warming.
CS-ARDL
Carbon neutrality
Consumption-based carbon emission
Exports and imports
Institutional quality
Renewable energy consumption
Journal
Environmental science and pollution research international
ISSN: 1614-7499
Titre abrégé: Environ Sci Pollut Res Int
Pays: Germany
ID NLM: 9441769
Informations de publication
Date de publication:
May 2022
May 2022
Historique:
received:
01
11
2021
accepted:
05
01
2022
pubmed:
16
1
2022
medline:
11
5
2022
entrez:
15
1
2022
Statut:
ppublish
Résumé
There is a lack of proper research that highlights the impact of institutional quality (IQ) and renewable energy consumption (REC) on the carbon emission (CE). The significance of IQ and REC in the achievement of zero CE is highlighted in this research. The current research reports the effects of these important factors on the consumption-based carbon emissions in the G-7 countries from 1995 to 2018. Based on the outcome of the cointegration test, the long-run connection is recognized between IQ, REC, GDP, exports, imports, and consumption-based CE. The findings also validated that there exist significant decrease and increase in the CE in both the short and long run; for instance, IQ, REC, and exports decrease the CE, while imports and GDP increase the CE. The estimates of causality test showed that policies aimed at improving IQ, REC, GDP, exports, and imports have a significant impact on the CE. Consequently, based on these results, policymakers in the G-7 must prioritize IQ and REC to enhance environmental quality and attain carbon neutrality.
Identifiants
pubmed: 35032271
doi: 10.1007/s11356-022-18574-8
pii: 10.1007/s11356-022-18574-8
doi:
Substances chimiques
Carbon Dioxide
142M471B3J
Carbon
7440-44-0
Types de publication
Journal Article
Langues
eng
Sous-ensembles de citation
IM
Pagination
33935-33944Informations de copyright
© 2022. The Author(s), under exclusive licence to Springer-Verlag GmbH Germany, part of Springer Nature.
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