Does excessive energy utilization and expansion of urbanization increase carbon dioxide emission in Belt and Road economies?

   The phenomenal increase in global temperature and variation in climate change are the replications of nature, alarming governments to limit the emissions of greenhouse gases (GHGs) and adopt green innovation and environmental-friendly clean and green technologies. In this paper, we empirically in...

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Veröffentlicht in:Environmental science and pollution research international 2023-05, Vol.30 (21), p.60080-60105
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Khan, Yasir
Hassan, Taimoor
description    The phenomenal increase in global temperature and variation in climate change are the replications of nature, alarming governments to limit the emissions of greenhouse gases (GHGs) and adopt green innovation and environmental-friendly clean and green technologies. In this paper, we empirically investigate whether there are any changes in excessive consumption of energy from conventional sources, expansion of urbanization, carbon dioxide (CO 2 ) emissions, and economic growth in six different regions, namely, East Asia (EA), South Asia (SA), Southeast Asia (SEA), Central Asia (CA), Eastern Europe (EE), and the Middle East and North Africa (MENA), under the Belt and Road Initiatives of panel data over the period of 1985 to 2017. The empirical methods include a panel co-integration check, heterogeneity test, panel Granger causality test, pooled mean group (PMG), and augmented mean group (AMG). To verify the outcomes, robustness tests were carried out using the fully modified ordinary least squares (FMOLS) and dynamic ordinary least squares (DOLS) approaches. Our results confirm that CO 2  emissions are primarily influenced by excessive utilization of conventional energy, economic growth, and expansion of urbanization. The findings confirm the co-integrating relationships among the variables in all six regions. Moreover, the panel causality analysis identified a bidirectional causal relationship between energy consumption, economic growth, urbanization, and CO 2  emissions. While these results can play an instrumental role in formulating CO 2  emission policies among our selected countries, our research can also assist policymakers and governments in other developing countries implement important policy initiatives. In this regard, the findings suggest that the current environment-related polices of Belt and Road Initiatives (BRI) do not efficiently tackle CO 2 emissions. In order to achieve the CO 2 emission degradation objective, the Belt and Road countries should restructure their environment-related policies by limiting the consumption of conventional energy and expansion of urbanization. The adaptation and establishment of such a panoramic policy program can assist emerging economies to acquire consolidated and environmentally sustainable economic growth. Graphical Abstract
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In this paper, we empirically investigate whether there are any changes in excessive consumption of energy from conventional sources, expansion of urbanization, carbon dioxide (CO 2 ) emissions, and economic growth in six different regions, namely, East Asia (EA), South Asia (SA), Southeast Asia (SEA), Central Asia (CA), Eastern Europe (EE), and the Middle East and North Africa (MENA), under the Belt and Road Initiatives of panel data over the period of 1985 to 2017. The empirical methods include a panel co-integration check, heterogeneity test, panel Granger causality test, pooled mean group (PMG), and augmented mean group (AMG). To verify the outcomes, robustness tests were carried out using the fully modified ordinary least squares (FMOLS) and dynamic ordinary least squares (DOLS) approaches. Our results confirm that CO 2  emissions are primarily influenced by excessive utilization of conventional energy, economic growth, and expansion of urbanization. The findings confirm the co-integrating relationships among the variables in all six regions. Moreover, the panel causality analysis identified a bidirectional causal relationship between energy consumption, economic growth, urbanization, and CO 2  emissions. While these results can play an instrumental role in formulating CO 2  emission policies among our selected countries, our research can also assist policymakers and governments in other developing countries implement important policy initiatives. In this regard, the findings suggest that the current environment-related polices of Belt and Road Initiatives (BRI) do not efficiently tackle CO 2 emissions. In order to achieve the CO 2 emission degradation objective, the Belt and Road countries should restructure their environment-related policies by limiting the consumption of conventional energy and expansion of urbanization. The adaptation and establishment of such a panoramic policy program can assist emerging economies to acquire consolidated and environmentally sustainable economic growth. 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The findings confirm the co-integrating relationships among the variables in all six regions. Moreover, the panel causality analysis identified a bidirectional causal relationship between energy consumption, economic growth, urbanization, and CO 2  emissions. While these results can play an instrumental role in formulating CO 2  emission policies among our selected countries, our research can also assist policymakers and governments in other developing countries implement important policy initiatives. In this regard, the findings suggest that the current environment-related polices of Belt and Road Initiatives (BRI) do not efficiently tackle CO 2 emissions. In order to achieve the CO 2 emission degradation objective, the Belt and Road countries should restructure their environment-related policies by limiting the consumption of conventional energy and expansion of urbanization. The adaptation and establishment of such a panoramic policy program can assist emerging economies to acquire consolidated and environmentally sustainable economic growth. 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In this paper, we empirically investigate whether there are any changes in excessive consumption of energy from conventional sources, expansion of urbanization, carbon dioxide (CO 2 ) emissions, and economic growth in six different regions, namely, East Asia (EA), South Asia (SA), Southeast Asia (SEA), Central Asia (CA), Eastern Europe (EE), and the Middle East and North Africa (MENA), under the Belt and Road Initiatives of panel data over the period of 1985 to 2017. The empirical methods include a panel co-integration check, heterogeneity test, panel Granger causality test, pooled mean group (PMG), and augmented mean group (AMG). To verify the outcomes, robustness tests were carried out using the fully modified ordinary least squares (FMOLS) and dynamic ordinary least squares (DOLS) approaches. Our results confirm that CO 2  emissions are primarily influenced by excessive utilization of conventional energy, economic growth, and expansion of urbanization. The findings confirm the co-integrating relationships among the variables in all six regions. Moreover, the panel causality analysis identified a bidirectional causal relationship between energy consumption, economic growth, urbanization, and CO 2  emissions. While these results can play an instrumental role in formulating CO 2  emission policies among our selected countries, our research can also assist policymakers and governments in other developing countries implement important policy initiatives. In this regard, the findings suggest that the current environment-related polices of Belt and Road Initiatives (BRI) do not efficiently tackle CO 2 emissions. In order to achieve the CO 2 emission degradation objective, the Belt and Road countries should restructure their environment-related policies by limiting the consumption of conventional energy and expansion of urbanization. The adaptation and establishment of such a panoramic policy program can assist emerging economies to acquire consolidated and environmentally sustainable economic growth. Graphical Abstract</abstract><cop>Berlin/Heidelberg</cop><pub>Springer Berlin Heidelberg</pub><pmid>37017847</pmid><doi>10.1007/s11356-023-26701-2</doi><tpages>26</tpages></addata></record>
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subjects Aquatic Pollution
Atmospheric Protection/Air Quality Control/Air Pollution
Biodiversity
Carbon Dioxide
Carbon dioxide emissions
Carbon sources
Climate change
Developing countries
Earth and Environmental Science
Economic analysis
Economic Development
Economic growth
Economics
Ecotoxicology
Emission
Emissions
Empirical analysis
Energy consumption
Energy utilization
Environment
Environmental Chemistry
Environmental Health
Environmental science
Global temperatures
Greenhouse gases
Heterogeneity
LDCs
Least squares
Longitudinal studies
Policies
Renewable Energy
Research Article
Roads
Temperature
Urbanization
Waste Water Technology
Water Management
Water Pollution Control
title Does excessive energy utilization and expansion of urbanization increase carbon dioxide emission in Belt and Road economies?
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