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| DOI | 10.1007/s10668-023-04364-w |
| Asymmetric variations in economic globalization, CO2 emissions, oil prices, and economic growth: a nonlinear analysis for policy empirics | |
| 发表日期 | 2024 |
| ISSN | 1387-585X |
| EISSN | 1573-2975 |
| 英文摘要 | Pakistan's economic development and budgetary resilience are greatly influenced by globalization, CO2 emissions, and oil prices, necessitating a deep understanding of these factors. This study aims to investigate how factors like carbon dioxide emissions (CO2), oil prices, and economic globalization have affected economic growth in Pakistan from 1980 to 2021. This study uses the nonlinear autoregressive distributional lag approach to examine how asymmetric effects of economic globalization, oil prices, and carbon dioxide emissions (CO2) have affected Pakistan's economic growth. Further, the direction of these relationships is determined using Granger causality tests, and the model stability is evaluated by CUSUM and CUSUMQ tests. The results show that GDP is impacted inequitably by economic globalization, oil costs, and CO2 emissions. Oil price increases have a considerable beneficial effect on GDP, whereas growing CO2 emissions have the opposite effect. GDP and economic globalization are strongly correlated, and as globalization declines, economic production suffers. Based on the results, it is recommended that Pakistan's government should develop strategies to adapt to globalization's changing conditions, including renewable energy, deforestation control, and population planning for long-term climate change solutions. |
| 英文关键词 | Economic growth; Economic globalization; CO2 emissions; Oil price; Asymmetric impact |
| 语种 | 英语 |
| WOS研究方向 | Science & Technology - Other Topics ; Environmental Sciences & Ecology |
| WOS类目 | Green & Sustainable Science & Technology ; Environmental Sciences |
| WOS记录号 | WOS:001142065600002 |
| 来源期刊 | ENVIRONMENT DEVELOPMENT AND SUSTAINABILITY
 |
| 文献类型 | 期刊论文 |
| 条目标识符 | http://gcip.llas.ac.cn/handle/2XKMVOVA/287772 |
| 作者单位 | COMSATS University Islamabad (CUI) |
| 推荐引用方式 GB/T 7714 | . Asymmetric variations in economic globalization, CO2 emissions, oil prices, and economic growth: a nonlinear analysis for policy empirics[J],2024. |
| APA | (2024).Asymmetric variations in economic globalization, CO2 emissions, oil prices, and economic growth: a nonlinear analysis for policy empirics.ENVIRONMENT DEVELOPMENT AND SUSTAINABILITY. |
| MLA | "Asymmetric variations in economic globalization, CO2 emissions, oil prices, and economic growth: a nonlinear analysis for policy empirics".ENVIRONMENT DEVELOPMENT AND SUSTAINABILITY (2024). |
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