Evaluating the environmental effects of economic openness: evidence from SAARC countries
This study investigates the possible environmental effects of economic openness, such as economic growth, foreign direct investment (FDI) inflows, and trade liberalization in South Asian Association for Regional Cooperation (SAARC) countries. The study employed panel autoregressive lag distribution...
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| Veröffentlicht in: | Environmental science and pollution research international 2019-08, Vol.26 (24), p.24542-24551 |
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| creator | Sun, Hua-ping Tariq, Gulzara Haris, Muhammad Mohsin, Muhammad |
| description | This study investigates the possible environmental effects of economic openness, such as economic growth, foreign direct investment (FDI) inflows, and trade liberalization in South Asian Association for Regional Cooperation (SAARC) countries. The study employed panel autoregressive lag distribution (ARDL) model to evaluate the environmental effects of economic openness; causality test was also conducted to confirm short- and long-run causality among the variables under discussion. The results show that trade, FDI, capital, and economic growth in the long run have a positive correlation with environmental degradation in SAARC countries while FDI, capital, and trade inflows have a negative relation with CO
2
emissions in the short run. Furthermore, economic growth by creating new job opportunities improved emissions also in the short run. FDI, trade, capital, and GDP have long-run causality with CO
2
emissions. Bidirectional causality was found between GDP and CO
2
emissions, unidirectional causality was also running from FDI inflows to economic growth, unidirectional causality running from capital to FDI and trade to capital. Finally, trade and economic growth also have unidirectional causality in the short run. This study concludes, therefore, that SAARC countries should invest in green energy and promote green trade liberalization. |
| doi_str_mv | 10.1007/s11356-019-05750-6 |
| format | Article |
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2
emissions in the short run. Furthermore, economic growth by creating new job opportunities improved emissions also in the short run. FDI, trade, capital, and GDP have long-run causality with CO
2
emissions. Bidirectional causality was found between GDP and CO
2
emissions, unidirectional causality was also running from FDI inflows to economic growth, unidirectional causality running from capital to FDI and trade to capital. Finally, trade and economic growth also have unidirectional causality in the short run. This study concludes, therefore, that SAARC countries should invest in green energy and promote green trade liberalization.</description><identifier>ISSN: 0944-1344</identifier><identifier>EISSN: 1614-7499</identifier><identifier>DOI: 10.1007/s11356-019-05750-6</identifier><identifier>PMID: 31236865</identifier><language>eng</language><publisher>Berlin/Heidelberg: Springer Berlin Heidelberg</publisher><subject>Aquatic Pollution ; Atmospheric Protection/Air Quality Control/Air Pollution ; Autoregressive models ; Carbon dioxide ; Carbon dioxide emissions ; Causality ; Clean energy ; Earth and Environmental Science ; Economic development ; Economic growth ; Economic models ; Economics ; Ecotoxicology ; Environment ; Environmental Chemistry ; Environmental degradation ; Environmental effects ; Environmental Health ; Environmental science ; Foreign investment ; GDP ; Green energy ; Gross Domestic Product ; Research Article ; Trade liberalization ; Waste Water Technology ; Water Management ; Water Pollution Control</subject><ispartof>Environmental science and pollution research international, 2019-08, Vol.26 (24), p.24542-24551</ispartof><rights>Springer-Verlag GmbH Germany, part of Springer Nature 2019</rights><rights>Environmental Science and Pollution Research is a copyright of Springer, (2019). All Rights Reserved.</rights><lds50>peer_reviewed</lds50><woscitedreferencessubscribed>false</woscitedreferencessubscribed><citedby>FETCH-LOGICAL-c499t-eb643185a38a1faae188be572ee1138050f5c2af5b3bb8c512a3b6711bcff2693</citedby><cites>FETCH-LOGICAL-c499t-eb643185a38a1faae188be572ee1138050f5c2af5b3bb8c512a3b6711bcff2693</cites><orcidid>0000-0002-9328-7850</orcidid></display><links><openurl>$$Topenurl_article</openurl><openurlfulltext>$$Topenurlfull_article</openurlfulltext><thumbnail>$$Tsyndetics_thumb_exl</thumbnail><linktopdf>$$Uhttps://link.springer.com/content/pdf/10.1007/s11356-019-05750-6$$EPDF$$P50$$Gspringer$$H</linktopdf><linktohtml>$$Uhttps://link.springer.com/10.1007/s11356-019-05750-6$$EHTML$$P50$$Gspringer$$H</linktohtml><link.rule.ids>314,776,780,27901,27902,41464,42533,51294</link.rule.ids><backlink>$$Uhttps://www.ncbi.nlm.nih.gov/pubmed/31236865$$D View this record in MEDLINE/PubMed$$Hfree_for_read</backlink></links><search><creatorcontrib>Sun, Hua-ping</creatorcontrib><creatorcontrib>Tariq, Gulzara</creatorcontrib><creatorcontrib>Haris, Muhammad</creatorcontrib><creatorcontrib>Mohsin, Muhammad</creatorcontrib><title>Evaluating the environmental effects of economic openness: evidence from SAARC countries</title><title>Environmental science and pollution research international</title><addtitle>Environ Sci Pollut Res</addtitle><addtitle>Environ Sci Pollut Res Int</addtitle><description>This study investigates the possible environmental effects of economic openness, such as economic growth, foreign direct investment (FDI) inflows, and trade liberalization in South Asian Association for Regional Cooperation (SAARC) countries. The study employed panel autoregressive lag distribution (ARDL) model to evaluate the environmental effects of economic openness; causality test was also conducted to confirm short- and long-run causality among the variables under discussion. The results show that trade, FDI, capital, and economic growth in the long run have a positive correlation with environmental degradation in SAARC countries while FDI, capital, and trade inflows have a negative relation with CO
2
emissions in the short run. Furthermore, economic growth by creating new job opportunities improved emissions also in the short run. FDI, trade, capital, and GDP have long-run causality with CO
2
emissions. Bidirectional causality was found between GDP and CO
2
emissions, unidirectional causality was also running from FDI inflows to economic growth, unidirectional causality running from capital to FDI and trade to capital. Finally, trade and economic growth also have unidirectional causality in the short run. This study concludes, therefore, that SAARC countries should invest in green energy and promote green trade liberalization.</description><subject>Aquatic Pollution</subject><subject>Atmospheric Protection/Air Quality Control/Air Pollution</subject><subject>Autoregressive models</subject><subject>Carbon dioxide</subject><subject>Carbon dioxide emissions</subject><subject>Causality</subject><subject>Clean energy</subject><subject>Earth and Environmental Science</subject><subject>Economic development</subject><subject>Economic growth</subject><subject>Economic models</subject><subject>Economics</subject><subject>Ecotoxicology</subject><subject>Environment</subject><subject>Environmental Chemistry</subject><subject>Environmental degradation</subject><subject>Environmental effects</subject><subject>Environmental Health</subject><subject>Environmental science</subject><subject>Foreign investment</subject><subject>GDP</subject><subject>Green energy</subject><subject>Gross Domestic 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Basic</collection><collection>MEDLINE - Academic</collection><jtitle>Environmental science and pollution research international</jtitle></facets><delivery><delcategory>Remote Search Resource</delcategory><fulltext>fulltext</fulltext></delivery><addata><au>Sun, Hua-ping</au><au>Tariq, Gulzara</au><au>Haris, Muhammad</au><au>Mohsin, Muhammad</au><format>journal</format><genre>article</genre><ristype>JOUR</ristype><atitle>Evaluating the environmental effects of economic openness: evidence from SAARC countries</atitle><jtitle>Environmental science and pollution research international</jtitle><stitle>Environ Sci Pollut Res</stitle><addtitle>Environ Sci Pollut Res Int</addtitle><date>2019-08-01</date><risdate>2019</risdate><volume>26</volume><issue>24</issue><spage>24542</spage><epage>24551</epage><pages>24542-24551</pages><issn>0944-1344</issn><eissn>1614-7499</eissn><abstract>This study investigates the possible environmental effects of economic openness, such as economic growth, foreign direct investment (FDI) inflows, and trade liberalization in South Asian Association for Regional Cooperation (SAARC) countries. The study employed panel autoregressive lag distribution (ARDL) model to evaluate the environmental effects of economic openness; causality test was also conducted to confirm short- and long-run causality among the variables under discussion. The results show that trade, FDI, capital, and economic growth in the long run have a positive correlation with environmental degradation in SAARC countries while FDI, capital, and trade inflows have a negative relation with CO
2
emissions in the short run. Furthermore, economic growth by creating new job opportunities improved emissions also in the short run. FDI, trade, capital, and GDP have long-run causality with CO
2
emissions. Bidirectional causality was found between GDP and CO
2
emissions, unidirectional causality was also running from FDI inflows to economic growth, unidirectional causality running from capital to FDI and trade to capital. Finally, trade and economic growth also have unidirectional causality in the short run. This study concludes, therefore, that SAARC countries should invest in green energy and promote green trade liberalization.</abstract><cop>Berlin/Heidelberg</cop><pub>Springer Berlin Heidelberg</pub><pmid>31236865</pmid><doi>10.1007/s11356-019-05750-6</doi><tpages>10</tpages><orcidid>https://orcid.org/0000-0002-9328-7850</orcidid></addata></record> |
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| source | Springer Nature - Complete Springer Journals |
| subjects | Aquatic Pollution Atmospheric Protection/Air Quality Control/Air Pollution Autoregressive models Carbon dioxide Carbon dioxide emissions Causality Clean energy Earth and Environmental Science Economic development Economic growth Economic models Economics Ecotoxicology Environment Environmental Chemistry Environmental degradation Environmental effects Environmental Health Environmental science Foreign investment GDP Green energy Gross Domestic Product Research Article Trade liberalization Waste Water Technology Water Management Water Pollution Control |
| title | Evaluating the environmental effects of economic openness: evidence from SAARC countries |
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