Does the Interaction Between Growth Determinants A Drive For Global Environmental Sustainability? Evidence from World Top 10 Pollutant Emissions Countries

Basit Öğe Kaydı
dc.contributor.authorEluwole, Kayode Kolawole
dc.contributor.authorSaint Akadiri, Seyi
dc.contributor.authorAlola, Andrew Adewale
dc.contributor.authorEtokakpan, Mfonobong Udom
dc.date.accessioned2020-02-16T18:36:24Z
dc.date.available2020-02-16T18:36:24Z
dc.date.issued2020en_US
dc.departmentİktisadi İdari ve Sosyal Bilimler Fakültesien_US
dc.descriptionAccession Number: WOS:000508129700152 PubMed ID: 31841901en_US
dc.description.abstractEconomic interdependence through foreign direct investment and trade of energy resources in a globalized world filled with mixed heritage sites stimulates economic activities thereby serving as a great catalyst for economic growth. However, the importance of these economies' interdependence transcends economic and sodo-cultural-political benefits to coastal protection, carbon sequestration, flood prevention and soil stabilization among others. To this end, this study seeks to examine whether the interdependence and interaction among foreign direct investment, energy consumption, real income is a drive for global environmental sustainability targets or not. In order to achieve our research objective, we make use of a panel-based study of world's top 10 pollutant emissions that comprises 37 developed countries of the world, using the Dynamic Autoregressive Distributed Lag techniques of Pooled Mean Group, Mean Group and Dynamic Fixed Effects estimators over the periods of 1995-2014 that incorporate tourism as an additional variable. Panel cointegration result shows that increase in the explanatory variables contributes to environmental degradation in the long-run. A 1% increase in kg oil equivalent of energy consumed led to 0.918% increase in environmental degradation, while a 1% increase real income and foreign direct investment decrease environmental degradation by 0.635% and 0.064%, with tourism insignificant impact in the long-run. Consequently, economic and environmental sustainability measures that would help to promote a cleaner and healthy environment globally for both the immediate and future generation were suggested. (C) 2019 Published by Elsevier B.V.en_US
dc.identifier.doi10.1016/j.scitotenv.2019.135972en_US
dc.identifier.issn1879-1026
dc.identifier.issn0048-9697
dc.identifier.pmid31841901en_US
dc.identifier.scopus2-s2.0-85076252819en_US
dc.identifier.scopusqualityQ1en_US
dc.identifier.urihttps://hdl.handle.net/11363/1993
dc.identifier.urihttps://doi.org/
dc.identifier.volume705en_US
dc.identifier.wosWOS:000508129700152en_US
dc.identifier.wosqualityQ1en_US
dc.indekslendigikaynakWeb of Scienceen_US
dc.indekslendigikaynakScopusen_US
dc.indekslendigikaynakPubMeden_US
dc.language.isoenen_US
dc.publisherELSEVIER, RADARWEG 29, 1043 NX AMSTERDAM, NETHERLANDSen_US
dc.relation.ispartofSCIENCE OF THE TOTAL ENVIRONMENTen_US
dc.relation.publicationcategoryMakale - Uluslararası Hakemli Dergi - Kurum Öğretim Elemanıen_US
dc.rightsinfo:eu-repo/semantics/openAccessen_US
dc.rightsAttribution-NonCommercial-NoDerivs 3.0 United States*
dc.rights.urihttp://creativecommons.org/licenses/by-nc-nd/3.0/us/*
dc.subjectCarbon emissionsen_US
dc.subjectForeign direct investen_US
dc.subjectSustainable environmenten_US
dc.subjectEconomic growthen_US
dc.subjectFOREIGN DIRECT-INVESTMENTen_US
dc.subjectMEAN GROUP ESTIMATIONen_US
dc.subjectUNIT-ROOT TESTSen_US
dc.subjectCO2 EMISSIONSen_US
dc.subjectENERGY-CONSUMPTIONen_US
dc.subjectPANEL-DATAen_US
dc.subjectOECD COUNTRIESen_US
dc.subjectCLEAN ENERGYen_US
dc.titleDoes the Interaction Between Growth Determinants A Drive For Global Environmental Sustainability? Evidence from World Top 10 Pollutant Emissions Countriesen_US
dc.typeArticleen_US

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