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The dynamic linkage between remittances, export diversification, education, renewable energy consumption, economic growth, and CO2 emissions in top remittance-receiving countries
Sustainable Development ( IF 12.5 ) Pub Date : 2021-08-30 , DOI: 10.1002/sd.2236
Muhammad Wasif Zafar 1 , Muhammad Mansoor Saleem 2 , Mehmet Akif Destek 3 , Abdullah Emre Caglar 4
Affiliation  

In recent years, the literature on financial development, public finance, and other areas has substantially increased; however, remittances are among the most neglected sources with significantly larger resource inflow that may serve the purpose of reducing environmental degradation. The literature on export diversification and education is also limited, with conflicting findings. With this in mind, the current research examined the relationship among remittances, export diversification, education, and CO2 emissions controlling for renewable energy and economic growth in a panel of 22 top remittance-receiving countries over the period 1986–2017. The study employed second-generation unit root techniques in econometric methodology, Westerlund and Edgerton cointegration approach with structural breaks, Cup-FM and CUP-BC long-run estimation techniques, and generalized quantile regression method. The findings indicate that remittances help in reducing environmental degradation as they have a negative effect on emissions. Likewise, export diversification reduces CO2 emissions, and renewable energy also contributes to decreasing CO2 emissions. In contrast, economic growth is conducive to environmental degradation. The study also finds a robust estimate of education as a stimulant of environmental degradation. Based on these novel findings, several policy suggestions are discussed.

中文翻译:

主要汇款接收国的汇款、出口多样化、教育、可再生能源消费、经济增长和二氧化碳排放之间的动态联系

近年来,关于金融发展、公共财政等领域的文献大幅增加;然而,汇款是最被忽视的来源之一,其资源流入量要大得多,可能有助于减少环境退化。关于出口多样化和教育的文献也很有限,结果相互矛盾。考虑到这一点,目前的研究考察了汇款、出口多样化、教育和 CO 2之间的关系1986 年至 2017 年期间 22 个主要汇款接收国组成的小组对可再生能源和经济增长的排放控制。该研究采用了计量经济学方法中的第二代单位根技术、Westerlund 和 Edgerton 具有结构断裂的协整方法、Cup-FM 和 CUP-BC 长期估计技术以及广义分位数回归方法。调查结果表明,汇款有助于减少环境退化,因为它们对排放产生负面影响。同样,出口多元化可减少 CO 2排放,可再生能源也有助于减少 CO 2排放。相反,经济增长有利于环境恶化。该研究还发现,对教育作为环境退化的刺激因素的有力估计。基于这些新发现,讨论了一些政策建议。
更新日期:2021-08-30
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