Does globalization mitigate environmental degradation in selected emerging economies? assessment of the role of financial development, economic growth, renewable energy consumption and urbanization

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dc.authoridSumerli Sarigul, Sevgi/0000-0002-3820-6288
dc.authoridAlvarado, Rafael/0000-0002-3213-5431
dc.authoridALTAY TOPCU, BETUL/0000-0003-2044-4568
dc.contributor.authorCetin, Murat
dc.contributor.authorSariguel, Sevgi Sumerli
dc.contributor.authorTopcu, Betul Altay
dc.contributor.authorAlvarado, Rafael
dc.contributor.authorKarataser, Buesra
dc.date.accessioned2024-10-29T17:58:20Z
dc.date.available2024-10-29T17:58:20Z
dc.date.issued2023
dc.departmentTekirdağ Namık Kemal Üniversitesi
dc.description.abstractWhile the acceleration of globalization in newly developing (emerging) economies contributes positively to economic developments on the one hand, it is a research topic that can have an impact on environmental pollution on the other hand. Therefore, this study analyzes the impact of globalization on environmental pollution for 14 emerging economies in the 1991-2018 period by including economic growth, financial development, renewable energy consumption, and urbanization in the ecological footprint model. In addition to the AMG forecaster, Driscoll-Kraay, PCSE, and FGLS estimation techniques are used for long-term forecasting. Causal linkages among variables are analyzed by the Dumitrescu-Hurlin panel bootstrap causality test. The findings show that the series are cointegrated, that is, a long-term relationship between the variables. In the long term, globalization and renewable energy consumption reduce environmental pollution, while economic growth and financial development play a role in encouraging environmental pollution. Causality analysis enumerates a causality from economic growth and financial development to environmental pollution, as well as a two-way causality between globalization and environmental pollution and renewable energy consumption and environmental pollution. Empirical findings can offer important implications for policies that will reduce environmental pollution in these countries.
dc.identifier.doi10.1007/s11356-023-29467-9
dc.identifier.endpage100359
dc.identifier.issn0944-1344
dc.identifier.issn1614-7499
dc.identifier.issue45en_US
dc.identifier.pmid37651012
dc.identifier.scopus2-s2.0-85169158152
dc.identifier.scopusqualityQ1
dc.identifier.startpage100340
dc.identifier.urihttps://doi.org/10.1007/s11356-023-29467-9
dc.identifier.urihttps://hdl.handle.net/20.500.11776/14240
dc.identifier.volume30
dc.identifier.wosWOS:001065226700010
dc.identifier.wosqualityN/A
dc.indekslendigikaynakWeb of Science
dc.indekslendigikaynakScopus
dc.indekslendigikaynakPubMed
dc.language.isoen
dc.publisherSpringer Heidelberg
dc.relation.ispartofEnvironmental Science and Pollution Research
dc.relation.publicationcategoryMakale - Uluslararası Hakemli Dergi - Kurum Öğretim Elemanıen_US
dc.rightsinfo:eu-repo/semantics/closedAccess
dc.subjectGlobalization
dc.subjectEcological footprint
dc.subjectAMG
dc.subjectPanel bootstrap causality
dc.subjectEmerging countries
dc.titleDoes globalization mitigate environmental degradation in selected emerging economies? assessment of the role of financial development, economic growth, renewable energy consumption and urbanization
dc.typeReview Article

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