Does Fiscal Decentralization Drive CO2 Emissions? A Quantile Regression Analysis DOI Open Access

Wilman Gustavo Carrillo-Pulgar,

Juan Pablo Vallejo Mata, Katherine Gissel Tixi-Gallegos

et al.

Journal of risk and financial management, Journal Year: 2025, Volume and Issue: 18(5), P. 235 - 235

Published: April 27, 2025

Achieving sustainable models is a crucial challenge today, where government actions play fundamental role. Therefore, this study aims to analyze the impact of fiscal decentralization on CO2 emissions in 40 economies between 2000 and 2020. To end, an unbalanced panel was constructed, Method Moments Quantile Regression (MMQR) employed. As robustness check, Driscoll Kraay’s standard errors approach used. The MMQR results indicate that has positive significant effect across all quantiles emissions. Additionally, it found revenue-side greater lower emissions, while expenditure-side stronger upper quantiles. findings also reveal renewable energy mitigates whereas economic growth, resource rents, information communication technologies increase them, although latter with statistical significance. These are expected serve as basis for public policy formulation aimed at improving environmental quality.

Language: Английский

Synthesizing Eco-efficiency within EU’s Inclusive Finance: Do Environmental Policy Stringency and Renewable Energy Make a Difference? DOI Creative Commons
Elma Šatrović, Stephen Taiwo Onifade, Ilham Haouas

et al.

Energy, Journal Year: 2025, Volume and Issue: unknown, P. 136045 - 136045

Published: April 1, 2025

Language: Английский

Citations

0
Does Fiscal Decentralization Drive CO2 Emissions? A Quantile Regression Analysis DOI Open Access

Wilman Gustavo Carrillo-Pulgar,

Juan Pablo Vallejo Mata, Katherine Gissel Tixi-Gallegos

et al.

Journal of risk and financial management, Journal Year: 2025, Volume and Issue: 18(5), P. 235 - 235

Published: April 27, 2025

Achieving sustainable models is a crucial challenge today, where government actions play fundamental role. Therefore, this study aims to analyze the impact of fiscal decentralization on CO2 emissions in 40 economies between 2000 and 2020. To end, an unbalanced panel was constructed, Method Moments Quantile Regression (MMQR) employed. As robustness check, Driscoll Kraay’s standard errors approach used. The MMQR results indicate that has positive significant effect across all quantiles emissions. Additionally, it found revenue-side greater lower emissions, while expenditure-side stronger upper quantiles. findings also reveal renewable energy mitigates whereas economic growth, resource rents, information communication technologies increase them, although latter with statistical significance. These are expected serve as basis for public policy formulation aimed at improving environmental quality.

Language: Английский

Citations

0