THE ROLE OF INSTITUTIONAL QUALITY IN REDUCING ENVIRONMENTAL DEGRADATION IN CANADA
This paper uses the Fully Modified Ordinary Least Squares (FMOLS) technique to explore the influence of institutional quality, income, consumption of renewable energy, trade openness, and total factor productivity on consumption-based CO2 emissions in Canada from 1996 to 2021. Estimation findings sh...
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| Veröffentlicht in: | Economics & sociology 2024-01, Vol.17 (1), p.89-102 |
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| container_title | Economics & sociology |
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| creator | Mukhtarov, Shahriyar Aliyev, Javid Jabiyev, Farid Aslan, Davut Han |
| description | This paper uses the Fully Modified Ordinary Least Squares (FMOLS) technique to explore the influence of institutional quality, income, consumption of renewable energy, trade openness, and total factor productivity on consumption-based CO2 emissions in Canada from 1996 to 2021. Estimation findings showed that institutional quality, renewable energy use, and total factor productivity exert a statistically significant and negative influence on CO2 emissions. Moreover, our findings indicated that there is a statistically significant and positive impact of income on CO2 emissions, while trade openness exhibits an insignificant impact on CO2 emissions. The study discusses alternative policies, emphasizing the role of institutional quality in reducing CO2 emissions. |
| doi_str_mv | 10.14254/2071-789X.2024/17-l/6 |
| format | Article |
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| source | Elektronische Zeitschriftenbibliothek - Frei zugängliche E-Journals; Sociological Abstracts |
| subjects | Alternative energy Clean technology Climate change Consumption Cooperation Corruption Developing countries Economic growth Emissions Energy consumption Environmental degradation Environmental impact GDP Greenhouse gases Gross Domestic Product Income Industrialized nations International organizations LDCs Productivity Renewable resources Sustainable development Transition economies |
| title | THE ROLE OF INSTITUTIONAL QUALITY IN REDUCING ENVIRONMENTAL DEGRADATION IN CANADA |
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