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The effects of regional trade integration and renewable energy transition on environmental quality: Evidence from South Asian neighbors
Business Strategy and the Environment ( IF 13.4 ) Pub Date : 2021-07-21 , DOI: 10.1002/bse.2862
Muntasir Murshed 1, 2 , Rizwan Ahmed 3 , Chamaiporn Kumpamool 4 , Mohga Bassim 5 , Mohamed Elheddad 6
Affiliation  

Improving environmental quality across South Asia has become one of the utmost important policy agendas of the concerned governments. The susceptibility of the majority of the South Asian countries to multifaceted climate change adversities has motivated the need to identify the factors that can function to ensure environmental sustainability across South Asia. Although several studies have highlighted the importance of globalization and cleaner energy use in tackling the environmental degradaton issues of the South Asian countries, very little is known regarding the impacts of regional trade and renewable energy transition in this regard. Hence, this paper aims to scrutinize the effects of enhancing intra-regional trade integration and undergoing renewable energy transition on per capita carbon dioxide emissions in the context of six South Asian nations between 1990 and 2016. The results from the recently developed cross-sectionally augmented autoregressive distributed lag regression approach, accounting for cross-sectional dependency and slope heterogeneity issues, reveal that facilitating trade among the South Asian neighbors reduces carbon emissions in both the short and long run. Moreover, enhancing the share of renewable energy in the aggregate energy consumption figures is also found to reduce carbon dioxide emissions in both the short and long run. Furthermore, both regional trade integration and renewable energy transition are found to jointly reduce carbon dioxide emissions in South Asia. The results also authenticate the existence of the environmental Kuznets curve hypothesis, while financial development and urbanization are found to boost carbon dioxide emissions only in the long run.

中文翻译:

区域贸易一体化和可再生能源转型对环境质量的影响:来自南亚邻国的证据

改善整个南亚的环境质量已成为有关政府最重要的政策议程之一。大多数南亚国家对多方面气候变化逆境的敏感性促使需要确定可以发挥作用的因素,以确保整个南亚的环境可持续性。尽管一些研究强调了全球化和清洁能源使用在解决南亚国家环境退化问题方面的重要性,但对区域贸易和可再生能源转型在这方面的影响知之甚少。因此,本文旨在审查 1990 年至 2016 年间六个南亚国家在加强区域内贸易一体化和进行可再生能源转型对人均二氧化碳排放量的影响。 最近开发的横截面增强自回归分布的结果滞后回归方法考虑了横截面依赖性和斜率异质性问题,表明促进南亚邻国之间的贸易可以减少短期和长期的碳排放。此外,研究还发现,提高可再生能源在能源消费总量中的份额也可以减少短期和长期的二氧化碳排放。此外,发现区域贸易一体化和可再生能源转型共同减少了南亚的二氧化碳排放。结果还证实了环境库兹涅茨曲线假说的存在,而金融发展和城市化仅从长远来看会增加二氧化碳排放量。
更新日期:2021-07-21
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