Financial Institutional and Market Deepening, and Environmental Quality Nexus: A Case Study in G-11 Economies Using CS-ARDL
Электронный научный архив УРФУ
Информация об архиве | Просмотр оригиналаПоле | Значение | |
Заглавие |
Financial Institutional and Market Deepening, and Environmental Quality Nexus: A Case Study in G-11 Economies Using CS-ARDL
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Автор |
Mehmood, U.
Tariq, S. Haq, Z. U. Agyekum, E. B. Uhunamure, S. E. Shale, K. Nawaz, H. Ali, S. Hameed, A. |
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Тематика |
CS-ARDL
ECONOMIC GROWTH FINANCIAL DEEPENING FOREIGN DIRECT INVESTMENT WAVELET COHERENCE CARBON DIOXIDE ECONOMIC DEVELOPMENT GOVERNMENT INTERNATIONALITY INVESTMENTS CARBON DIOXIDE ACCESSIBILITY CARBON DIOXIDE CARBON EMISSION DEVELOPING WORLD ECONOMIC GROWTH ENVIRONMENTAL ECONOMICS ENVIRONMENTAL QUALITY FINANCIAL MARKET FINANCIAL SYSTEM FOREIGN DIRECT INVESTMENT GOVERNANCE APPROACH GROSS DOMESTIC PRODUCT INSTITUTIONAL FRAMEWORK MARKET CONDITIONS POPULATION GROWTH ARTICLE ATTENTION CARBON DIOXIDE EMISSION CARBON DIOXIDE EQUIVALENT CONTROLLED STUDY ECONOMIC ASPECT ECONOMIC DEVELOPMENT ENERGY YIELD FINANCIAL MARKET FOREIGN DIRECT INVESTMENT GOVERNMENT HUMAN INTERNATIONAL COOPERATION INVESTMENT |
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Описание |
This study presents a new insight into the dynamic relationship between financial institutional deepening (FID), financial deepening, financial market deepening (FMD), foreign direct investment (FDI), economic growth (GDP), population, and carbon dioxide emissions (CO2e) in the G-11 economies by employing a cross-sectionally augmented autoregressive distributed lag (CS-ARDL) approach during 1990–2019. The outcomes from the CS-ARDL and dynamic common correlated effects mean group (DCCEMG) models shows that financial deepening, GDP, FDI, and population degraded environmental quality both in the short run and the long run. Contrary to this, FID and FMD improves environmental quality in these countries. The government should work to maximize financial institutions (access, depth, efficiency) and financial markets (access, depth, efficiency) to reduce the CO2e. A strong positive and in-phase correlation of CO2e with economic growth and population is observed for G-11 countries. These results suggest policy makers should further improve financial institutions by creating opportunities for their populations. Moreover, the governments of G-11 countries should revise their foreign direct investment policies and attention should be given to import efficient means of energy production. © 2022 by the authors.
Ministry of Education and Science of the Russian Federation, Minobrnauka, (FEUZ-2022-0031) The research funding from the Ministry of Science and Higher Education of the Russian Federation (Ural Federal University Program of Development within the Priority-2030 Program) is gratefully acknowledged: grant number: FEUZ-2022-0031. |
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Дата |
2024-04-08T11:05:52Z
2024-04-08T11:05:52Z 2022 |
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Тип |
Article
Journal article (info:eu-repo/semantics/article) Published version (info:eu-repo/semantics/publishedVersion) |
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Идентификатор |
Mehmood, U, Tariq, S, Haq, ZU, Agyekum, EB, Uhunamure, SE, Shale, K, Nawaz, H, Ali, S & Hameed, A 2022, 'Financial Institutional and Market Deepening, and Environmental Quality Nexus: A Case Study in G-11 Economies Using CS-ARDL', International Journal of Environmental Research and Public Health, Том. 19, № 19, 11984. https://doi.org/10.3390/ijerph191911984
Mehmood, U., Tariq, S., Haq, Z. U., Agyekum, E. B., Uhunamure, S. E., Shale, K., Nawaz, H., Ali, S., & Hameed, A. (2022). Financial Institutional and Market Deepening, and Environmental Quality Nexus: A Case Study in G-11 Economies Using CS-ARDL. International Journal of Environmental Research and Public Health, 19(19), [11984]. https://doi.org/10.3390/ijerph191911984 1661-7827 Final All Open Access; Gold Open Access; Green Open Access https://www.mdpi.com/1660-4601/19/19/11984/pdf?version=1663839798 https://www.mdpi.com/1660-4601/19/19/11984/pdf?version=1663839798 http://elar.urfu.ru/handle/10995/131227 10.3390/ijerph191911984 85139811349 000868113500001 |
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Язык |
en
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Права |
Open access (info:eu-repo/semantics/openAccess)
cc-by https://creativecommons.org/licenses/by/4.0/ |
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Формат |
application/pdf
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Издатель |
MDPI
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Источник |
International Journal of Environmental Research and Public Health
International Journal of Environmental Research and Public Health |
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