Environmental impact of globalization: The case of central and Eastern European emerging economies

Kód výsledku v IS VaVaI

<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F60460709%3A41110%2F23%3A96857" target="_blank" >RIV/60460709:41110/23:96857 - isvavai.cz</a>

Výsledek na webu

<a href="https://doi.org/10.1016/j.jenvman.2023.118018" target="_blank" >https://doi.org/10.1016/j.jenvman.2023.118018</a>

DOI - Digital Object Identifier

<a href="http://dx.doi.org/10.1016/j.jenvman.2023.118018" target="_blank" >10.1016/j.jenvman.2023.118018</a>

Jazyk výsledku

angličtina

Název v původním jazyce

Environmental impact of globalization: The case of central and Eastern European emerging economies

Popis výsledku v původním jazyce

Against the backdrop of piling environmental concerns in the modern era of globalization, this study aims to check the validity of the Pollution Haven Hypothesis (PHH) in Eastern European emerging countries and the relevance of globalization. The study targets to reduce the lack of consensus on the globalization-economic complexity-environment in European countries. Besides, we also intend to explore the existence of an N-shaped economic complexity-related Environmental Kuznets Curve (EKC) controlling for the bearing of renewable energy on environmental degradation. For analytical purposes, both parametric and non-parametric quantile regression approaches are employed. Overall, we find a non-linear relationship between economic complexity and carbon emissions, and N-shaped EKC is verified. Globalization and renewable energy consumption boost and inhibit emissions, respectively. More importantly, the results confirm the moderating role of economic complexity in neutralizing the carbon emissions-boosting effect of globalization. On the other hand, the non-parametric findings show that the N-shaped EKC hypothesis does not hold for high emissions quantiles. Furthermore, for all emissions quantiles, it is found that globalization boosts emissions, economic complexity, and globalization jointly curbs emissions and renewable energy curbs emissions. Based on the overall findings, some vital environmental development policies are recommended. The conclusions support shaping policy options promoting economic complexity and renewable energy as key factors in mitigating carbon emissions.

Název v anglickém jazyce

Environmental impact of globalization: The case of central and Eastern European emerging economies

Popis výsledku anglicky

Against the backdrop of piling environmental concerns in the modern era of globalization, this study aims to check the validity of the Pollution Haven Hypothesis (PHH) in Eastern European emerging countries and the relevance of globalization. The study targets to reduce the lack of consensus on the globalization-economic complexity-environment in European countries. Besides, we also intend to explore the existence of an N-shaped economic complexity-related Environmental Kuznets Curve (EKC) controlling for the bearing of renewable energy on environmental degradation. For analytical purposes, both parametric and non-parametric quantile regression approaches are employed. Overall, we find a non-linear relationship between economic complexity and carbon emissions, and N-shaped EKC is verified. Globalization and renewable energy consumption boost and inhibit emissions, respectively. More importantly, the results confirm the moderating role of economic complexity in neutralizing the carbon emissions-boosting effect of globalization. On the other hand, the non-parametric findings show that the N-shaped EKC hypothesis does not hold for high emissions quantiles. Furthermore, for all emissions quantiles, it is found that globalization boosts emissions, economic complexity, and globalization jointly curbs emissions and renewable energy curbs emissions. Based on the overall findings, some vital environmental development policies are recommended. The conclusions support shaping policy options promoting economic complexity and renewable energy as key factors in mitigating carbon emissions.

Druh

J_imp - Článek v periodiku v databázi Web of Science

CEP obor

—

OECD FORD obor

50704 - Environmental sciences (social aspects)

Projekt

—

Návaznosti

S - Specificky vyzkum na vysokych skolach

Rok uplatnění

2023

Kód důvěrnosti údajů

S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů

Název periodika

Journal of Environmental Management

ISSN

0301-4797

e-ISSN

0301-4797

Svazek periodika

341

Číslo periodika v rámci svazku

SEP 1 2023

Stát vydavatele periodika

GB - Spojené království Velké Británie a Severního Irska

Počet stran výsledku

13

Strana od-do

—

Kód UT WoS článku

000996427000001

EID výsledku v databázi Scopus

2-s2.0-85156238491