Original scientific paper
https://doi.org/10.1080/1331677X.2022.2081589
Economic determinants of national carbon emissions: perspectives from 119 countries
Jinrong Jia
Muhammad Khalid Anser
Michael Yao-Ping Peng
Sheikh Usman Yousaf
Shabir Hyder
Khalid Zaman
/ Sasmoko
Mohd Safarin bin Nordin
Abstract
The study aims to analyze the economic determinants of national
carbon emissions in a large cross-section of 119 countries. The
study followed the ‘theory of sustainable development’ to assess
the national sustainable developmental agenda. The study
employed cross-sectional, robust least squares, and Markov
switching regression for parameter estimates. The findings indicate
that information disclosure, the cost of business start-up procedures,
sustainable fuel imports, and renewable energy decrease
emissions stock. In contrast, ease of doing business and logistics
operations increase it. According to the ex-ante analysis, information
disclosure, the cost of business start-up procedures, and
environmentally friendly logistical operations would likely reduce
emissions stock. Ease of doing business and lower renewable fuel
expenditures will almost certainly increase emissions stock in the
majority of subsequent years. Over time, information disclosure is
expected to significantly impact carbon emissions, followed by
renewable energy consumption, doing business, and logistical
operations. Sustainable economic policies worldwide make it possible
for green technology and environmentally friendly manufacturing
to be put into place.
Keywords
Economic determinants; business disclosure index; ease of doing business; regulatory environment; logistics performance index; emissions per capita; renewable energy demand
Hrčak ID:
303777
URI
Publication date:
31.3.2023.
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