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Tytuł pozycji:

How do trade and economic growth impact environmental degradation? New evidence and policy implications from the ARDL approach.

Tytuł:
How do trade and economic growth impact environmental degradation? New evidence and policy implications from the ARDL approach.
Autorzy:
Asiedu BA; Faculty of Economics and Administrative Sciences, Cyprus International University, North Cyprus, Via Mersin, 10, Nicosia, Turkey. .
Gyamfi BA; Faculty of Economics and Administrative Sciences, Cyprus International University, North Cyprus, Via Mersin, 10, Nicosia, Turkey.
Oteng E; Department of Accounting and Finance, Valley View University, Ghana, West Africa.
Źródło:
Environmental science and pollution research international [Environ Sci Pollut Res Int] 2021 Sep; Vol. 28 (36), pp. 49949-49957. Date of Electronic Publication: 2021 May 04.
Typ publikacji:
Journal Article
Język:
English
Imprint Name(s):
Publication: <2013->: Berlin : Springer
Original Publication: Landsberg, Germany : Ecomed
MeSH Terms:
Carbon Dioxide*
Economic Development*
Carbon ; Humans ; Policy ; Weather
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Contributed Indexing:
Keywords: ARLD approach; Carbon dioxide emissions; Economic growth; Trade
Substance Nomenclature:
142M471B3J (Carbon Dioxide)
7440-44-0 (Carbon)
Entry Date(s):
Date Created: 20210504 Date Completed: 20210920 Latest Revision: 20210920
Update Code:
20240104
DOI:
10.1007/s11356-021-13739-3
PMID:
33942269
Czasopismo naukowe
Due to various environmental degradation and natural resource depletion around the world, researchers' and policymakers' attention has turned to what causes environmental degradation. The pursuit of a healthy environment has become a global challenge, a problem that affects more than one nation. Climate change is causing severe weather conditions in every world, disrupting economies and affecting the lives of many people. Hence, the study analyzes how trade and economic growth impact environmental degradation in Belgium, the USA, and Canada using panel data from 1995 to 2016. The study utilized the autoregressive distributed lag approach to provide new evidence and policy implications. The outcome confirmed the presence of cointegration among the selected variables. However, it was observed that economic growth decreases environmental degradation in the long run while trade openness shows a positively insignificant relationship with carbon emission. Nevertheless, a positive short-run relationship was observed between economic growth and carbon emissions whereas a negatively insignificant relationship was observed for trade and carbon emission. The findings prompted policy implications that more trading could be done between the countries. When countries trade more, their economies will flourish, ensuring global prosperity and minimizing environmental degradation.
(© 2021. The Author(s), under exclusive licence to Springer-Verlag GmbH Germany, part of Springer Nature.)

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