scholarly journals Analyzing Dynamic Impacts of Deagriculturalization on CO2 Emissions in Selected Asian Economies: A Tale of Two Shocks

2022 ◽  
Author(s):  
Siyuan Lin ◽  
Ning Zhou ◽  
Junaid Jahangir ◽  
Sidra Sohail
Keyword(s):  
Environmental Quality ◽  
Agriculture Sector ◽  
Long Run ◽  
Time Period ◽  
Asian Economies ◽  
Asymmetric Impact ◽  
Dynamic Impacts ◽  
Positive Shock ◽  
Negative Shock

Abstract The study investigates the symmetric and asymmetric impact of agriculturalization on environmental quality in sample of selected Asian economies for time period 1991 to 2019. For empirical analysis, the study adopted ARDL-PMG and NARDL-PMG approaches. The long-run findings of ARDL-PMG reveal that agriculturalization tends to significantly improve the quality of environment. The empirical outcomes of NARDL-PMG infer that positive shock in agriculturalization results in enhancing environmental quality, however, the negative shock in agriculturalization (i.e., de-agriculturalization) leads to deterioration of environmental quality in the long-run. The findings demonstrate that agriculturalization improves environmental quality and de-agriculturalization mitigates environmental quality. Based on these findings, the study recommends that the relevant authorities should formulate such reforms in the agriculture sector that controls and reduces carbon emissions in Asian economies.

scholarly journals Asymmetric effect of financial development and remittance on economic growth in MINT economies: an application of panel NARDL

2021 ◽  
Vol 7 (1) ◽  
Author(s):  
Jamiu Adetola Odugbesan ◽  
Tomiwa Adebayo Sunday ◽  
Gbolahan Olowu
Keyword(s):  
Economic Growth ◽  
Financial Development ◽  
The Novel ◽  
Asymmetric Effect ◽  
Panel Ardl ◽  
Nonlinear Ardl ◽  
Long Run ◽  
Asymmetric Impact ◽  
The Empirical Analysis ◽  
Negative Shock

AbstractThe empirical analysis examines the asymmetric effect of financial development and remittance on economic growth in MINT nations (Mexico, Indonesia, Nigeria, and Turkey). The present study utilized panel data covering the period from 1980 to 2019. The research objectives are to address the questions: (a) Is there a long-run association between economic growth and the regressors? (b) Do financial development and remittance trigger MINT nations' economic growth? Moreover, the present study applied both linear panel ARDL and the novel panel nonlinear ARDL to capture the asymmetric impact of development and remittance on economic growth. The outcomes of the linear ARDL disclosed that both financial development and remittance triggers economic growth positively. Furthermore, the outcomes of the NARDL disclosed that both positive and negative shocks in financial development increase economic growth. In addition, a positive and negative shock in remittance increases economic growth in the long-run.

scholarly journals Financial Development, Institutional Quality, and Environmental Degradation Nexus: New Evidence from Asymmetric ARDL Co-Integration Approach

2020 ◽  
Vol 12 (18) ◽  
pp. 7812 ◽  
Author(s):  
Farhan Ahmed ◽  
Shazia Kousar ◽  
Amber Pervaiz ◽  
José Pedro Ramos-Requena
Keyword(s):  
Financial Development ◽  
Environmental Degradation ◽  
Environmental Sustainability ◽  
Trade Openness ◽  
Institutional Quality ◽  
Bounds Testing ◽  
Long Run ◽  
Auto Regressive ◽  
Negative Shock

The aim of this study is threefold; first, the study investigates the symmetric impact of trade openness, financial development, and institutional quality on environmental degradation and environmental sustainability. Second, the study examines the asymmetric relationship between financial development, institutional quality, and environmental degradation. Third, the study examines the asymmetric relationship between financial development, institutional quality, and environmental sustainability. For this purpose, the study utilized the data of Pakistan from 1996 to 2018. The study applied Augmented Dickey–Fuller (ADF), Phillips Parron (PP) and Zivote, and Andrews unit root test to check the properties of stationarity of the data. This study applied the Auto Regressive Distributive Lags (ARDL) model to investigate symmetric relationships while the Non-Linear Auto Regressive Distributive Lag Model (NARDL) approach is utilized to investigate the asymmetric relationship among variables. ARDL bounds testing approach utilized to investigate long-run co-integration while short-run dynamics have been investigated by applying the error correction method (ECM). This study found the significant long-run symmetric and asymmetric association of institutional quality (IQ) and financial development (FD) with environmental degradation (ED) and environmental sustainability. However, IQ- has an insignificant association with environmental sustainability. Moreover, dynamic multiplier analysis indicates that positive shock to FD and IQ has a stronger impact on environmental degradation while a positive or negative shock to FD; both have a stronger impact on environmental sustainability. However, a positive or negative shock to IQ has a smaller impact on environmental sustainability. Moreover, the study also found a significant long-run symmetric association of trade openness with environmental degradation and environmental sustainability. This study suggests that the quality of institutions, financial development, and trade openness is necessary to enhance the quality of the environment.

scholarly journals Asymmetric Impact of International Trade on Consumption-Based Carbon Emissions in MINT Nations

Energies ◽  
2021 ◽  
Vol 14 (20) ◽  
pp. 6581
Author(s):  
Tomiwa Sunday Adebayo ◽  
Abraham Ayobamiji Awosusi ◽  
Husam Rjoub ◽  
Mirela Panait ◽  
Catalin Popescu
Keyword(s):  
Economic Growth ◽  
International Trade ◽  
Carbon Emissions ◽  
Causality Test ◽  
Nonlinear Ardl ◽  
Long Run ◽  
Short Run ◽  
Asymmetric Impact ◽  
Positive Shock ◽  
Bds Test

The association between carbon emissions and international trade has been examined thoroughly; however, consumption-based carbon emissions, which is adjusted for international trade, have not been studied extensively. Therefore, the present study assesses the asymmetric impact of trade (import and export) and economic growth in consumption-based carbon emissions (CCO2) using the MINT nations (Mexico, Indonesia, Nigeria and Turkey) as a case study. We applied the Nonlinear ARDL to assess this connection using dataset between 1990 and 2018. The outcomes from the BDS test affirmed the use of nonlinear techniques. Furthermore, the NARDL bounds test confirmed long-run association between CCO2 and exports, imports and economic growth. The outcomes from the NARDL long and short-run estimates disclosed that positive (negative) shocks in imports increase (decrease) CCO2 emissions in all the MINT nations. Moreover, positive (negative) shocks in exports decrease (increase) CCO2 emissions in all the MINT nations. As expected, a positive shock in economic growth triggers CCO2 emissions while a negative shift does not have significant impact on CCO2 emissions in the MINT nations. Furthermore, we applied the Gradual shift causality test and the outcomes disclose that imports and economic growth can predict CCO2 emissions in the MINT nations. The study outcomes have significant policy recommendations for policymakers in the MINT nations.

scholarly journals Asymmetric Impact of Energy Utilization and Economic Development on Environmental Degradation in Somalia

2021 ◽  
Author(s):  
Abdimalik Ali Warsame ◽  
Samuel Asumadu Sarkodie
Keyword(s):  
Economic Growth ◽  
Economic Development ◽  
Energy Consumption ◽  
Population Growth ◽  
Environmental Degradation ◽  
Positive Change ◽  
Negative Change ◽  
Asymmetric Impact ◽  
Positive Shock ◽  
Negative Shock

Abstract While there are enormous studies on climate change in stable countries, climate policy perspectives from conflict-prone regions including Somalia are limited. This study investigates the asymmetric impact of energy and economic growth on environmental degradation in Somalia—by employing nonlinear autoregressive distributed lag model (NARDL) and causal techniques from 1985 to 2017. We find asymmetric long-term cointegration among the variables, whereas energy consumption and economic growth asymmetrically affect environmental degradation. Besides, the causal inferences reveal unidirectional causality from environmental pollution to positive change in energy consumption. Additionally, we find unidirectional causality from negative shock in economic growth to positive shock in economic growth. Moreover, a bidirectional causality is observed between population growth and negative change in economic growth. A unidirectional causality is confirmed from positive shock in economic growth to population growth—from negative change in economic growth to negative shock in energy consumption—from positive change in economic growth to positive shock in energy consumption—and negative change in energy consumption to population growth. This calls for the implementation of clean energy investment policies, good farming methods, and improved grazing land policies. The adoption of these policies will improve both environmental quality and sustained economic development.

The Research on Temporal and Spatial Econometric Analysis of Environmental Quality and Economic Growth

2014 ◽  
Vol 926-930 ◽  
pp. 4398-4401
Author(s):  
Xian Hong Xu
Keyword(s):  
Economic Growth ◽  
Environmental Quality ◽  
Environmental Governance ◽  
Function Analysis ◽  
Impulse Response Function ◽  
Spatial Econometric ◽  
Long Run ◽  
Lag Effect ◽  
Depth Analysis

The traditional economic growth rapid growth of the gross national product, but also the natural resources are depleted, increasing environmental pollution, and the relationship between economic growth and environmental quality has caused a lot of controversy. Intuitive description of both the timing of changes in the law, in turn based on in-depth analysis of the dynamic pollution and income associated VAR model, found that there are long-run equilibrium and unilateral Granger causality, and then using the impulse response function analysis and analysis of variance, found that economic growth greater impact on the quality of the environment and the current quality of the environment is very small role in boosting economic growth, and this effect lag effect. Panel Data model to further explore the factors that affect the model, this paper found that the population density, the proportion of secondary industry and environmental governance investment on the quality of the environment has a significant impact, the majority of the pollution indicators are in line with the EKC inverted U-curve hypothesis, and a turning point in the inverted U-curve is also to make the calculation.

scholarly journals LONG-RUN IMPACT OF GLOBALIZATION, AGRICULTURE, INDUSTRIALIZATION AND ELECTRICITY CONSUMPTION ON THE ENVIRONMENTAL QUALITY OF BANGLADESH

2021 ◽  
Vol 11 (6) ◽  
pp. 438-453
Author(s):  
Afia Fahmida Daizy ◽  
Mobasshir Anjum ◽  
Md. Raied Arman ◽  
Tanzina Nazia ◽  
Nadir Shah
Keyword(s):  
Environmental Quality ◽  
Electricity Consumption ◽  
Long Run

scholarly journals Potential Economic Impacts of the COVID-19 Pandemic on South Asian Economies: A Review

World ◽  
2020 ◽  
Vol 1 (3) ◽  
pp. 283-299
Author(s):  
Md. Monirul Islam ◽  
Arifa Jannat ◽  
Dewan Abdullah Al Rafi ◽  
Kentaka Aruga
Keyword(s):  
South Asian ◽  
Small And Medium Enterprises ◽  
Fiscal Policies ◽  
Economic Sectors ◽  
Agriculture Sector ◽  
Special Support ◽  
Long Run ◽  
Asian Economies ◽  
Import And Export ◽  
Medium Enterprises

The present research analyzes the potential economic impact of the COVID-19 pandemic on South Asian economies using a systematic review approach. The cause-effect relationship framework showed that the outbreak of COVID-19 slowed down the gross domestic product (GDP) along with major economic sectors and indicators in the South Asian economies. The short and long-run predicted scenario showed that, compared to the agriculture sector, the service and manufacturing sectors will be affected more seriously in all South Asian countries. It was found that governments in the region are trying their best to adopt and implement expansionary fiscal strategies to combat this situation. Many countries have included farmers and allied workers in the government’s support system to utilize resources. In order to maintain the balance of international trade, the import and export of essential items must be given special support. To cope with this situation, governments can invest money from different autonomous institutions to expand Micro, Small, and Medium Enterprises (MSME). The findings of this research will be helpful for policy planners to formulate appropriate programs for short and long-run demands, along with economic and fiscal policies to sustain and revive the economic activity in South Asia.

scholarly journals An Asymmetric Effect of Economic Growth, Foreign Direct Investment and Financial Development on the Quality of Environment in Nigeria

2020 ◽  
Vol 1 (1) ◽  
pp. 5-13
Author(s):  
Aminu Hassan Jakada ◽  
Suraya Mahmood
Keyword(s):  
Co2 Emissions ◽  
Carbon Emissions ◽  
Environmental Sustainability ◽  
Asymmetric Effect ◽  
Use Of Resources ◽  
Long Run ◽  
Efficiency Increase ◽  
Save Energy ◽  
Positive Shock

The study looks at the asymmetric impact of macroeconomic variables on quality of environment in Nigeria. The analysis incorporates data from the annual time series covering the 1970-2018 periods and applies the non-linear ARDL method for the empirical analysis. The findings show that negative and positive GDP escalates the quantity of carbon emissions, thereby worsening environmental sustainability. Through positive as well as negative shocks, FD leads to carbon emissions and FDI increases carbon emissions through positive shocks and decreases them by negative shocks. The positive shock from the FDI increases the CO2 emissions in Nigeria, resulting in environmental degradation. The research suggests implementing technology to promote the productive use of resources that would help boost environmental efficiency, increase long-run productivity and save energy. The lenders will ease financing for the energy sector and devote financial resources to ecologically friendly companies, rather than investing them in financing customers. FDI inflows should be tracked to curb CO2 emissions.

scholarly journals PENGARUH PERTUMBUHAN EKONOMI, PENGGUNAAN ENERGI DAN EKSPOR TERHADAP KUALITAS LINGKUNGAN DI INDONESIA

2018 ◽  
Vol 7 (2) ◽  
pp. 99
Author(s):  
Putriani Putriani ◽  
Idris Idris ◽  
Melti Roza Adry
Keyword(s):  
Economic Growth ◽  
Environmental Quality ◽  
Significant Influence ◽  
Energy Use ◽  
Short Term ◽  
Linear Effect ◽  
Long Run ◽  
The Government ◽  
Growth Energy

This study aims to determine the Influence of Economic Growth, Energy Use and Export to Environmental Quality in Indonesia. The method used is Errror Correction Model (ECM) method. The data used are time series from 1983-2016 collected through documentation from BP Statistical World Energy website, World Bank, Indonesian Central Bureau of Statistics. The results of this study show that in the short term economic growth in linear effect negatively and not significant while the quadratic bepengaruh positive and insignificant to environmental quality in Indonesia. In the long run economic growth in linear has a negative and significant influence while the quadratic bepengaruh positive and significant to the kuaitas environment. Long-term and short-term energy use has a negative and significant impact on environmental quality in Indonesia. Exports in the long run have a negative and significant influence, while short-term has a negative and insignificant effect on environmental quality. The results of this study provide information about the quality of the environment so that the government and the community can protect, supervise and improve the quality of the environment in Indonesia.

scholarly journals Fiscal Decentralization, Institutional Quality, and Government Size: An Asymmetry Analysis for Asian Economies

2020 ◽  
Author(s):  
Sidra Sohail ◽  
Sana Ullah ◽  
Ilhan Ozturk ◽  
Attiya Yasmin Javid
Keyword(s):  
Time Series Data ◽  
Fiscal Decentralization ◽  
Institutional Quality ◽  
Policy Implications ◽  
Series Data ◽  
Government Size ◽  
Distributed Lag ◽  
Long Run ◽  
Positive Shock ◽  
Negative Shock

Abstract The aim of this study is to examine the asymmetric effects of fiscal decentralization and institutional quality on government size by employing asymmetric autoregressive-distributed lag (ARDL) methodology by using the time series data of Asain economies from 1984 to 2017. The results show that positive shocks in expenditures decentralization (ED) enhance government size in Japan, Kazakhstan, Thailand, Turkey, and reduces it in Korea, Rep. in long run. While negative shock in ED reduces government size in Pakistan, Thailand, Turkey and increases it in Kazakhstan and Mongolia in long run. Whereas asymmetric results in the long show that a positive shock in revenue decentralization (RD) increase government size in Pakistan, Japan, Kazakhstan, Thailand, and Turkey, and a negative shock in RD is also decreased government size in Pakistan, Mongolia, Thailand, and Turkey. The results also disclosed that positive shock in institutional quality (IQ) increases government size in Azerbaijan, Japan, Thailand and negative shock in IQ also increases government size in Pakistan, Azerbaijan, Japan, Kazakhstan, Thailand, in the long run. While short-run asymmetric results of fiscal decentralization and institutional quality on government size have robust in the public sector. Based on the empirical outcomes, some economic policy implications are proposed for the provincial and federal governments of Asain economies.

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