Environmental sustainability in Asian countries: Understanding the criticality of economic growth, industrialization, tourism import, and energy use

Kód výsledku v IS VaVaI

<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F62690094%3A18450%2F23%3A50019312" target="_blank" >RIV/62690094:18450/23:50019312 - isvavai.cz</a>

Výsledek na webu

<a href="https://journals.sagepub.com/doi/abs/10.1177/0958305X221091543" target="_blank" >https://journals.sagepub.com/doi/abs/10.1177/0958305X221091543</a>

DOI - Digital Object Identifier

<a href="http://dx.doi.org/10.1177/0958305X221091543" target="_blank" >10.1177/0958305X221091543</a>

Jazyk výsledku

angličtina

Název v původním jazyce

Environmental sustainability in Asian countries: Understanding the criticality of economic growth, industrialization, tourism import, and energy use

Popis výsledku v původním jazyce

This paper examines the causation between economic growth, tourism import, industrialization, renewable energy, non-renewable energy use, trade openness, and environmental sustainability which is proxied by carbon emissions for 8 Asian countries (China, Japan, India, Indonesia, South Korea, Philippines, Thailand, and Vietnam) over 20 years. Causal relations were tested using Pooled Mean Group Autoregressive distributive lag model (PMG-ARDL) and Dumitrescu and Hurlin’s (2012) panel granger causality test The PMG-ARDL model results reveal that in the long-run renewable energy usage, economic growth, and trade have a significant negative influence on the emission of carbon, while non-renewable energy usage, tourism import, and industrialization exhibit a significant positive impact on CO2 emissions of the sampled Asian countries. In the short run, renewable energy has a significant negative influence on CO2 emissions. While economic growth exhibit a significant positive influence on carbon emissions in the short-run.Furthermore, the Granger causality analysis reveals that there is a feedback mechanism between industrialization, tourism import, non-renewable energy, renewable energy, and CO2 emissions meaning that the future dynamics of carbon emissions in the sampled countries can be significantly explained by industrialization, tourism import, renewable energy, and non-renewable energy.Contrarily, trade and economic growth are good to explain the dynamics of carbon effusion of the sampled Asian countries in the future but without feedback. It is recommended that policymakers in Asian countries should formulate stringent environmental policies that will encourage

Název v anglickém jazyce

Environmental sustainability in Asian countries: Understanding the criticality of economic growth, industrialization, tourism import, and energy use

Popis výsledku anglicky

This paper examines the causation between economic growth, tourism import, industrialization, renewable energy, non-renewable energy use, trade openness, and environmental sustainability which is proxied by carbon emissions for 8 Asian countries (China, Japan, India, Indonesia, South Korea, Philippines, Thailand, and Vietnam) over 20 years. Causal relations were tested using Pooled Mean Group Autoregressive distributive lag model (PMG-ARDL) and Dumitrescu and Hurlin’s (2012) panel granger causality test The PMG-ARDL model results reveal that in the long-run renewable energy usage, economic growth, and trade have a significant negative influence on the emission of carbon, while non-renewable energy usage, tourism import, and industrialization exhibit a significant positive impact on CO2 emissions of the sampled Asian countries. In the short run, renewable energy has a significant negative influence on CO2 emissions. While economic growth exhibit a significant positive influence on carbon emissions in the short-run.Furthermore, the Granger causality analysis reveals that there is a feedback mechanism between industrialization, tourism import, non-renewable energy, renewable energy, and CO2 emissions meaning that the future dynamics of carbon emissions in the sampled countries can be significantly explained by industrialization, tourism import, renewable energy, and non-renewable energy.Contrarily, trade and economic growth are good to explain the dynamics of carbon effusion of the sampled Asian countries in the future but without feedback. It is recommended that policymakers in Asian countries should formulate stringent environmental policies that will encourage

Druh

J_imp - Článek v periodiku v databázi Web of Science

CEP obor

—

OECD FORD obor

50902 - Social sciences, interdisciplinary

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

Energy and Environment

ISSN

0958-305X

e-ISSN

2048-4070

Svazek periodika

34

Číslo periodika v rámci svazku

5

Stát vydavatele periodika

GB - Spojené království Velké Británie a Severního Irska

Počet stran výsledku

27

Strana od-do

1592-1618

Kód UT WoS článku

000781790800001

EID výsledku v databázi Scopus

2-s2.0-85129222027