Carbon Emissions in Pakistan: The Role of Financial Development and Foreign Direct Investment DOI Creative Commons

Iram Sattar,

Hammad Ali

Review of Applied Management and Social Sciences, Journal Year: 2024, Volume and Issue: 7(4), P. 1019 - 1033

Published: Dec. 31, 2024

This study examines the impact of financial development and foreign direct investment (FDI) on CO2 emissions in Pakistan, utilizing annual data from 2000 to 2022 obtained World Development Indicators. Using Nonlinear Autoregressive Distributed Lag (NARDL) model, results reveal that short run, positive changes (FD+) significantly increase emissions, while negative (FD-) reduce them. FDI also contributes higher whereas renewable energy consumption effectively reduces highlighting its environmental benefits. In long decrease though relationship is not statistically significant, emissions. These findings underscore critical role mitigating degradation. Policymakers are encouraged carefully manage balance economic growth sustainability.

Language: Английский

Balancing Growth and Sustainability: Foreign Direct Investment, Renewable Energy, and Environmental Quality in OECD Economies DOI Creative Commons
Fatima Farooq, Muhammad Faheem, Said Zamin Shah

et al.

Review of Applied Management and Social Sciences, Journal Year: 2025, Volume and Issue: 8(1), P. 53 - 65

Published: Jan. 5, 2025

This study focuses on the roles of foreign direct investment (FDI), renewable energy, urbanization, natural resources, and gross domestic product (GDP in environmental degradation 38 OECD countries. uses panel ARDL covering data 1998-2023. The results from Panel model indicate that FDI, GDP have a positive impact CO2 emissions, supporting Pollution Haven Hypothesis, which describe countries with negligent principles attract pollution-intensive industries. Renewable energy urbanization negatively emissions means cleaner technologies efficient urban planning moderate degradation. impacts both square cube models suggest an N-shaped relationship, indicating while initial economic growth increases emissions. points to complex dynamics where higher development can lead recurring cycles rather than simple inverted U-shaped EKC.

Language: Английский

Citations

0
Moderating effects of energy poverty for sustainable tourism, policy, innovation, and environmental resilience: evidence from SEM-ANN approaches DOI Creative Commons

Meher Neger,

Abu Obida Rahid, Mohammed Alnour

et al.

Discover Sustainability, Journal Year: 2025, Volume and Issue: 6(1)

Published: Feb. 16, 2025

Language: Английский

Citations

0
Carbon Emissions in Pakistan: The Role of Financial Development and Foreign Direct Investment DOI Creative Commons

Iram Sattar,

Hammad Ali

Review of Applied Management and Social Sciences, Journal Year: 2024, Volume and Issue: 7(4), P. 1019 - 1033

Published: Dec. 31, 2024

This study examines the impact of financial development and foreign direct investment (FDI) on CO2 emissions in Pakistan, utilizing annual data from 2000 to 2022 obtained World Development Indicators. Using Nonlinear Autoregressive Distributed Lag (NARDL) model, results reveal that short run, positive changes (FD+) significantly increase emissions, while negative (FD-) reduce them. FDI also contributes higher whereas renewable energy consumption effectively reduces highlighting its environmental benefits. In long decrease though relationship is not statistically significant, emissions. These findings underscore critical role mitigating degradation. Policymakers are encouraged carefully manage balance economic growth sustainability.

Language: Английский

Citations

0