The relationship between energy subsidies, oil prices, and CO2 emissions in selected Asian countries: a panel threshold analysis

2021 ◽  
pp. 1-16
Author(s):  
Dzul Hadzwan Husaini ◽  
Hooi Hooi Lean ◽  
Rossazana Ab-Rahim
Keyword(s):  
Co2 Emissions ◽  
Oil Prices ◽  
Threshold Analysis ◽  
Asian Countries ◽  
Energy Subsidies ◽  
The Relationship

scholarly journals Oil Market Shocks and Financial Instability in Asian Countries

2021 ◽  
Author(s):  
Fakhri Hasanov
Keyword(s):  
Stock Market ◽  
Financial Markets ◽  
Oil Prices ◽  
Financial Instability ◽  
Asian Countries ◽  
Fair Share ◽  
Economic Variables ◽  
Oil Market ◽  
Market Shocks ◽  
The Relationship

There is no commodity whose interlinkages with the macroeconomy have been studied as extensively as oil, starting with Hamilton’s (1983) seminal study. Thousands of subsequent studies have examined the relationship between oil prices and various economic variables, including the stock market. This strand of the literature began with the pioneering work of Kling (1985). Since then, other financial markets, such as banking, have also received a fair share of analysis.

scholarly journals Sustainability issues in maritime transport and main challenges of the shipping industry

2019 ◽  
Vol 10 (1) ◽  
pp. 48-65 ◽  
Author(s):  
Viktoriia Koilo
Keyword(s):  
Co2 Emissions ◽  
Energy Use ◽  
Negative Impact ◽  
Rapid Development ◽  
Value Added ◽  
Oil Prices ◽  
Maritime Transport ◽  
Shipping Industry ◽  
Maritime Industry ◽  
The Relationship

Considering the rapid development of oceanic logistics, the maritime traffic is one of the worst offenders for air and water pollution. This paper primarily aims to explore the key concepts and terms applied to denote the sustainability issues in maritime transport and main challenges for the shipping industry. The present study investigates the existing sustainability frameworks on the relationship between sustainability and maritime industry. Also the author proposes to use modelling approaches to measure the relationship between oil prices, exchange rate, services export and ocean transport value added. The empirical findings indicate that growth rate of the crude oil prices has negative impact on ocean transport value added growth, and it can be traced that the oil industry has a strong influence on value creation in maritime clusters and their competitiveness, especially on the shipping sector. The analysis also sheds light on the impacts of relationship between environmental pollution and maritime cluster activity (through the validation of the EKC hypothesis in Norway). The current paper reveals that there is an inverted U-shaped relationship between economic growth and CO2 emissions. The empirical evidences show that the links between CO2 emissions and ocean transport value added are more significant than with energy consumption indicator. It can be assumed that, due to the energy efficiency policy and technological leadership in the shipping industry, the environmental impact of energy use (renewable energy) has improved.

scholarly journals The Impacts of Tourism and Governance on CO2 Emissions in Selected South Asian Countries.

ETIKONOMI ◽  
2021 ◽  
Vol 20 (2) ◽  
pp. 385-396
Author(s):  
Zubaria Andlib ◽  
Julio Salcedo-Castro
Keyword(s):  
Co2 Emissions ◽  
South Asian ◽  
Positive Impact ◽  
Technological Advancement ◽  
Asian Countries ◽  
The Government ◽  
Tourism Governance ◽  
The Impact ◽  
The Relationship ◽  
The Empirical Analysis

Due to the increase in international connectivity and technological advancement, tourism has gained immense momentum in the recent past. Despite its favorable impacts, tourism has proved to be one of the significant contributors to increasing CO2 emissions.  This study attempts to understand better the relationship between tourism, governance, and the CO2 emissions nexus in selected South Asian countries. The study obtained data from WDI and applied FMOLS, DOLS, and FEOLS methods from 1995-2019. It is observed that tourism has a significant and positive impact on CO2 emissions in the case of selected South Asian countries. Concerning the impact of governance on CO2 emissions, it is observed that governance effectiveness is negatively associated with CO2 emissions. It is evident from the empirical analysis that CO2 emissions can be mitigated with effective government policies. Furthermore, it is also suggested that the government aim at effective environmental policies, and attention should be given to sustainable tourism in the case of South Asian economies.JEL Classification: Q50, Q56, Q58How to Cite:Andlib, Z., & Salcedo-Castro, J. (2021). The Impacts of Tourism and Governance on CO2 Emissions in Selected South Asian Countries. Etikonomi, 20(2), xx – xx. https://doi.org/10.15408/etk.v20i2.17499.

scholarly journals Evidence of the Environmental Kuznets Curve: Unleashing the Opportunity of Industry 4.0 in Emerging Economies

2019 ◽  
Vol 12 (3) ◽  
pp. 122 ◽  
Author(s):  
Viktoriia Koilo
Keyword(s):  
Economic Growth ◽  
Co2 Emissions ◽  
Emerging Economies ◽  
Industry 4.0 ◽  
Kuznets Curve ◽  
Eastern European ◽  
Asian Countries ◽  
Central Asian ◽  
Central Asian Countries ◽  
The Relationship

This study aims to investigate the relationship of economic development, measured as economic growth, energy use, trade and foreign direct investment, on the one hand, and environmental degradation (carbon dioxide (hereafter CO2) emissions), on the other hand, in eleven emerging Eastern European and Central Asian countries during the period of 1990 to 2014. The empirical results give an evidence of a carbon emission Kuznets curve for these emerging economies. The current income level indicates that not every country has reached the turning point for CO2 emissions reductions. Income elasticities for CO2 are positive for all eleven countries. The paper concludes that within the group, Ukraine and Kazakhstan have the most sensitive change in economic growth in respect to CO2. In addition, it concludes that there is a negative effect of total energy consumption on environment as such consumption increases CO2 emissions. The results also show a positive effect of foreign direct investment (FDI) on CO2 emissions in Eastern European and Central Asian countries. It is expected that the innovative transition to a low-carbon economy offers great opportunities for economic growth and job creation. Technological leadership (the initiative Industry 4.0) should be accompanied by the development and introduction of new technologies throughout Eastern European and Central Asian countries, hence, the paradigm of “sustainable development” should be considered as fatal. Furthermore, Eastern European and Central Asian economies should consider the experience of policy making implications made by other developing countries in gaining sustainable growth. Econometric analyses prove the existence of different impact on energy consumption of the ICT sector, which plays a key supporting role for intelligent manufacturing. Thus, there is a need for further investigations of the relationship between technology use and CO2 emissions.

scholarly journals Does Foreign Direct Investment Influence Renewable Energy Consumption? Empirical Evidence from South Asian Countries

Energies ◽  
2021 ◽  
Vol 14 (12) ◽  
pp. 3470
Author(s):  
Xueqing Kang ◽  
Farman Ullah Khan ◽  
Raza Ullah ◽  
Muhammad Arif ◽  
Shams Ur Rehman ◽  
...  
Keyword(s):  
Foreign Direct Investment ◽  
Renewable Energy ◽  
Sri Lanka ◽  
South Asian ◽  
Environmental Sustainability ◽  
Direct Investment ◽  
Least Square ◽  
Asian Countries ◽  
Ordinary Least Square ◽  
The Relationship

In selected South Asian countries, the study intends to investigate the relationship between urban population (UP), carbon dioxide (CO2), trade openness (TO), gross domestic product (GDP), foreign direct investment (FDI), and renewable energy (RE). Fully modified ordinary least square (FMOLS) and dynamic ordinary least square (DOLS) models for estimation were used in the study, which covered yearly data from 1990 to 2019. We used Levin–Lin–Chu, Im–Pesaran–Shin, and Fisher PP tests for the stationarity of the variables. The outcomes of the panel cointegration approach looked at whether there was a long-run equilibrium nexus between selected variables in Pakistan, Bangladesh, India, and Sri Lanka. The FMOLS approach was also used to assess the relationship, and the results suggest that there is a significant and negative nexus between FDI and renewable energy in south Asian nations. The study’s findings reveal a strong and favorable relationship between GDP and renewable energy use. In South Asian nations (Sri Lanka, Pakistan, India, and Bangladesh), the FMOLS and DOLS findings are nearly identical, but the authors used the DOLS model for robustification. According to the findings, policymakers in South Asian economies (Sri Lanka, Pakistan, India, and Bangladesh) should view GDP and FDI as fundamental policy instruments for environmental sustainability. To reduce reliance on hazardous energy sources, the government should also reassure financial sectors to participate in renewable energy.

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