Showing papers on "Globalization published in 2022"
TL;DR: In this paper , the authors investigated whether technological innovation, natural resource consumption, globalization, economic growth, human capital development, and financial development influence the ecological footprint figures in 73 developing countries over the period from 1990 to 2016.
222 citations
TL;DR: The authors examined the impact of the 2022 Russian invasion of Ukraine and found that this invasion generated negative cumulative abnormal returns for global stock market indices, but with heterogeneous effects, consistent with markets of more globalized economies being more vulnerable to international conflicts.
146 citations
TL;DR: In this article , the authors analyzed the dynamic association between financial development, natural resources, globalization, non-renewable, and renewable energy consumption for eight Arctic countries from 1990 to 2017.
146 citations
TL;DR: In this article, the influence of financial development, natural resources, globalization, non-renewable and renewable energy consumption on the ecological footprint in financially resource-rich countries from 1990 to 2018 was explored.
138 citations
TL;DR: In this article , the influence of financial development, natural resources, globalization, non-renewable and renewable energy consumption on the ecological footprint in financially resource-rich countries from 1990 to 2018 was explored.
137 citations
TL;DR: In this article , the authors used the Method of Moments Quantile Regression (MMQR) technique to assess the role of financial globalization and renewable energy consumption on ecological footprint in newly industrialized countries (NICs).
130 citations
TL;DR: In this article , the authors examined the impact of economic globalization, financial development, energy use, economic development and technological innovation with consumption and territory-based emissions from 1990Q1 to 2019Q4 in Pakistan.
128 citations
TL;DR: In this paper, the authors analyzed the directional spillover impacts and connectedness for financial and trade globalization, high-tech industries, and environmental footprints of China, and found positive spillover effects from financial globalization (FGI), and economic complexity towards ecological footprints.
127 citations
TL;DR: In this article , the authors analyzed the directional spillover impacts and connectedness for financial and trade globalization, high-tech industries, and environmental footprints of China, and found positive spillover effects from financial globalization (FGI), and economic complexity towards ecological footprints.
109 citations
TL;DR: In this paper , the authors investigate the combined influence of green growth, economic globalization, and eco-innovation towards achieving ecological sustainability, and propose productive utilization of environmental resources for ecological sustainability through product and process innovation and efficient management practices.
108 citations
TL;DR: In this paper, the authors investigate the combined influence of green growth, economic globalization, and eco-innovation towards achieving ecological sustainability, and propose productive utilization of environmental resources for ecological sustainability through product and process innovation and efficient management practices.
TL;DR: In this article, the authors explored whether the Environmental Kuznets Curve (EKC) hypothesis holds if the relevant carbon emissions modelling approach includes both energy consumption and the Konjunkturforschungsstelle (KOF) globalization index.
TL;DR: In this article , the authors explored whether the Environmental Kuznets Curve (EKC) hypothesis holds if the relevant carbon emissions modelling approach includes both energy consumption and the Konjunkturforschungsstelle (KOF) globalization index.
TL;DR: The authors analytically explores and empirically tests the links of globalization with environmental quality and finds out robust evidence that economic globalization is harmful to environmental sustainability, however, political globalization has been shown as a tool for enhancing environmental quality.
TL;DR: In this article , the role of ICT and education with environmental quality by controlling the roles of globalization, income, and financial development for developing countries over the period of 1996-2019.
TL;DR: In this article , the authors examined the role of green technological innovation and green financing in reducing CO2 emissions in the G7 countries, and showed that green technology innovation (GINV) as well as green financing have a negative but significant impact on carbon dioxide emissions.
Abstract: Policymakers face a daunting task when it comes to achieving sustainable environmental development and avoiding additional environmental degradation. This study examines the significance of green technology innovation and green financing in creating a more sustainable environment. The impact of green technology innovation and green investment on carbon dioxide (CO2) emissions has yet to be empirically and theoretically examined in the literature, especially in conjunction with a moderating component, particularly social globalisation. Accordingly, this research examines the role of green technological innovation and green financing in reducing CO2 emissions in the G7 countries. Our study uses empirical research data from a panel of the G7 countries covering the period 1995 to 2019. We employ advanced panel approaches to address panel data analysis concerns, such as cross-sectional dependence, structural break, and slope heterogeneity (the Banerjee and Carrion-i-Silvestre unit root and cointegration test and cross-sectional augmented ARDL). This study shows that green technology innovation (GINV) as well as green financing (GFIN) have a negative but significant impact on CO2 emissions. Whilst economic growth has shown a positive and significant impact on CO2 emissions in the G7 countries, social globalisation positively moderates the relationship between CO2 emissions and GDP, but negatively and significantly causes GFIN and GINV with CO2 emissions amongst the G7 countries. According to our study, countries would be able to meet the United Nations' SDG-7 and SDG-13 targets if they implemented green financing and green technology policies.
TL;DR: In this article , the authors considered the panel of top ten NICs (Brazil, China, India, Mexico, Malaysia, Philippines, South Africa, Turkey, Indonesia, and Thailand) by utilizing the novel Method of Moments Quantile Regression (MMQR) and other approaches including the Fully Modified Ordinary Least Square (FM-OLS), Dynamic Ordinary LES, and the Fixed-effects Ordinary Lest Square (FE-OOLS) to analyze the related dataset between 1990 and 2018.
TL;DR: In this paper , the impact of political risk, globalization and technological innovation on the ecological footprint in the BRICS economies by employing a dataset covering the period between 1990 and 2017 and incorporating non-renewable energy utilization and economic growth as other regressors through the utilization of panel quantile regression.
Abstract: ABSTRACT The present study aims to discover the impact of political risk, globalization and technological innovation on the ecological footprint in the BRICS economies by employing a dataset covering the period between 1990 and 2017 and incorporating non-renewable energy utilization and economic growth as other regressors through the utilization of panel quantile regression. The outcomes established that economic growth, non-renewable energy usage, political risk and technological innovation increase ecological footprint. Conversely, globalization significantly decreases the ecological footprint. The panel ordinary least squares approach serves as a sensitivity test for the robustness of the analysis. Furthermore, the Dumitrescu-Hurlin panel causality test confirmed that a bidirectional causal interaction exists between ecological footprint and the regressors of technological innovation, globalization, non-renewable energy and economic growth, while a one-way causal interconnection runs from ecological footprint to political risk. Notably, the general policy suggestion indicates the need for policymakers to intensively coordinate efforts to combat the serious environmental deterioration in the BRICS economies.
TL;DR: In this article , the authors examined the impact of political ideology on climate change by utilizing multinational panel data covering 98 countries during the period 1990-2016 and found that left-wing governments are more likely to exhibit less carbon dioxide emissions than right-wing ones.
Abstract: • We examine the impact of political ideology on climate change. • Investigating the potential channels by which political ideology affects climate change. • Studying whether the effect of political ideology on climate change varies among different countries. • Investigating the interaction effect of political ideology and democracies on climate change. This research tests the casual link from political ideology to national greenhouse gas emissions by utilizing multinational panel data covering 98 countries during the period 1990–2016. Overall, the baseline results and robustness tests show a political divide on national greenhouse gas emissions, whereby compared to right-wing governments, left-wing governments are more likely to exhibit less carbon dioxide emissions. We further explore this topic from the perspectives of energy efficiency and education. Three-stage OLS regressions suggest that leftist parties increase energy efficiency and spend more on secondary education, which lead to less greenhouse gas emissions. We also introduce the interaction between political ideology and economic performance as well as globalization to test the moderating effects of economic performance and globalization. The study further looks into the interaction effects of political ideology and democracies on greenhouse gas emissions by dividing the whole sample into two sub-samples. The results indicate that the ideology effect on greenhouse gas emissions varies among countries with different economic performances or different degrees of political globalization, as well as between democracies and non-democracies.
TL;DR: In this article , the influence of globalization and renewable energy utilization on consumption-based carbon emissions (CCO2) as well as the role of non-renewable energy use and economic growth in the MINT-(Mexico, Indonesia, Nigeria and Turkey) countries from 1990 to 2018.
TL;DR: In this article , the role of nuclear energy, external debt, and financial globalization in sustaining human development and environmental conditions simultaneously in BRICS (Brazil, Russia, India, China, and South Africa) countries was investigated.
TL;DR: In this article , the effects of energy poverty, education, income inequalities, and globalisation on carbon emissions in BRICS countries between 1989 and 2016 were estimated using continuously updated fully modified and continuously updated biased correction approaches.
22 Dec 2022
TL;DR: Bali: a paradise globalized The importance of tourism A brand created Bali's global villages Street traders and entrepreneurs Global-local encounters World heritage as globalization Bali during the Asian crisis The 2002 Bali bombings crisis Global conflict and the bombers The rise and fall of tourism Coping with globalization Conclusion References Index as discussed by the authors
Abstract: Introduction: a paradise globalized The importance of tourism A brand created Bali's global villages Street traders and entrepreneurs Global-local encounters World heritage as globalization Bali during the Asian crisis The 2002 Bali bombings crisis Global conflict and the bombers The rise and fall of tourism Coping with globalization Conclusion References Index.
TL;DR: In this paper , the effect of public investments in research and development related to renewable energy and technological innovation on renewable energy supply shares and carbon dioxide emissions in the G7 countries, controlling for the level of trade globalization in these countries.
TL;DR: In this paper , the authors investigated the effect of trade globalization, natural resources rents, economic growth, and financial development on carbon emissions in Uruguay over the period between 1980 and 2018, and found that trade liberalization is found to exert CO2 emissions in the long and short run.
Abstract: As the world continues to be a globalized society, there have been variations in environmental quality, but studies including trade globalization into the environmental policy framework remain inconclusive. Therefore, employing the time series dataset of Uruguay over the period between 1980 and 2018, the main objective of this current study is to investigate the effect of trade globalization, natural resources rents, economic growth, and financial development on carbon emissions. By employing the bounds testing procedures in combination with the critical approximation p-values of Kripfganz and Schneider (2018), the Autoregressive Distributed Lag estimator, and spectral causality test to achieve the goal of this research. The outcomes of the bounds test confirm a long-run connection between carbon emissions and these determinants. Moreover, from the outcome of the Autoregressive Distributed Lag estimator, we observed that trade liberalization is found to exert CO2 emissions in the long and short run. The economic expansion in Uruguay imposes significant pressure on the quality of the environment in the long and short run. The abundance of natural resources significantly increases environmental deterioration in the long and short run. Furthermore, we uncover that financial development does not impact environmental deterioration in Uruguay. Finally, the outcome of the spectral causality test detected that trade globalization, economic growth, and natural resources forecast carbon emissions with the exclusion of financial development. Based on the outcome, this study suggests that policies should be tailored towards international trade must be reassessed, and the restrictions placed on the exportation of polluting-intensive commodities must be reinforced.
TL;DR: In this article , the influence of democracy, autocracy, and globalization on carbon dioxide (CO2) emissions in 69 developing countries from 1990 to 2018 was investigated, and the authors used the unit root approaches to scrutinize the level of stationarity and recognize that all concern variables were unified at first difference.
Abstract: This study investigates the influence of democracy, autocracy, and globalization on carbon dioxide (CO2) emissions in 69 developing countries from 1990 to 2018. We used the unit root approaches to scrutinize the level of stationarity and recognize that all concern variables were unified at first difference. Pedroni and the Kao cointegration methodologies were employed for the detection of long-run cointegration, and the conclusions discovered the presence of long-run relationships among variables. Furthermore, this study applied a fully modified ordinary least square (FMOLS) approach to estimate the long-run elasticity/coefficients. The outcomes showed that democracy and renewable energy significantly overcome the pressure on the environment. However, financial development and globalization significantly increase environmental damage. Besides, the findings of an interaction term between democracy and globalization significantly reduce the pollution level, and the dampening effect of autocracy and globalization does a similar effect on environmental damage. Besides, an Inverted U-shaped environmental Kuznets curve (EKC) hypothesis was verified across the developing world. Additionally, the Feedback hypothesis is discovered between autocracy, democracy, and CO2 emissions. However, the growth hypothesis is revealed from CO2 emissions and globalization to democracy. Finally, this study also suggests some valuable policy suggestions to the governments/policymakers in general/specific regarding the developing world for endorsing their environmental sustainability.
TL;DR: In this paper , the authors investigate country-level trade resilience during the 1st wave of the pandemic, by employing Fuzzy-set Qualitative Comparative Analysis (fsQCA).
Abstract: The Covid-19 pandemic represents a low-probability, high-impact systemic risk that has severely disrupted international trade, reshaping the patterns of globalization. Drawing from the concept of supply chain resilience, which involves both the ability of a system to withstand an impact (robustness) and recover from it (responsiveness), we investigate country-level trade resilience during the 1st wave of the pandemic. By employing Fuzzy-set Qualitative Comparative Analysis (fsQCA), we identify configurations of country-level factors, i.e., country profiles, based on their effectiveness in engendering trade resilience. These factors include social and economic globalization, logistics performance, healthcare preparedness, national government response, and income level. The results show how these factors coalesced to strengthen (or weaken) international trade resilience, contributing to a holistic understanding of the impact of the pandemic on international trade. The findings inform the post-Covid-19 debate on international trade, with implications for managers and policymakers.
TL;DR: In this article, the authors investigate country-level trade resilience during the 1st wave of the pandemic, by employing Fuzzy-set Qualitative Comparative Analysis (fsQCA).
TL;DR: The authors explored the long-run impact of governance and globalization on natural resource prices and acknowledge it as an endogenous factor, and empirically estimated long run elasticities and maintained the positive impact of globalization and governance on the volatility of natural resources prices for the Middle East North Africa countries.