Do Diversified Export, Agriculture, and Cleaner Energy Consumption Induce Atmospheric Pollution in Asia? Application of Method of Moments Quantile Regression

Sustainable development remains unattainable unless we move to reduce the negative impact of economic factors on environmental quality. It is noteworthy to provide new evidence on whether and how the empirical association between export diversification, agricultural value-addition, renewable energy,...

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Main Authors: Mubeen Abdur Rehman, Zeeshan Fareed, Sultan Salem, Asma Kanwal, Ugur Korkut Pata
Format: Article
Language:English
Published: Frontiers Media S.A. 2021-10-01
Series:Frontiers in Environmental Science
Subjects:
Online Access:https://www.frontiersin.org/articles/10.3389/fenvs.2021.781097/full
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author Mubeen Abdur Rehman
Zeeshan Fareed
Sultan Salem
Asma Kanwal
Ugur Korkut Pata
author_facet Mubeen Abdur Rehman
Zeeshan Fareed
Sultan Salem
Asma Kanwal
Ugur Korkut Pata
author_sort Mubeen Abdur Rehman
collection DOAJ
description Sustainable development remains unattainable unless we move to reduce the negative impact of economic factors on environmental quality. It is noteworthy to provide new evidence on whether and how the empirical association between export diversification, agricultural value-addition, renewable energy, and regulatory quality with greenhouse gas (GHG) emissions evolved in Asian countries from 1996 to 2014. The study examines the relationships between these variables using current panel data techniques. The econometric procedure includes second-generation cointegration and unit root tests together with a novel Method of Movements Quantile Regression (MMQR). This approach offers an asymmetric relationship between the variables and is very robust to outliers compared to traditional quantile regression. The empirical outcomes show that export diversification, renewable energy, and regulatory quality are significantly and negatively associated with GHG emissions. In contrast, agricultural value-added in Asia has become a source of increased GHG emissions. Our findings are also robust with alternate specifications, including fully modified, dynamic and fixed effect regressions. This study will help policymakers for diversifying their export portfolio while ensuring a sustainable environment in Asia.
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spelling doaj.art-1c352f4eaf964f73b7d1f46f5b4e74852022-12-21T21:21:35ZengFrontiers Media S.A.Frontiers in Environmental Science2296-665X2021-10-01910.3389/fenvs.2021.781097781097Do Diversified Export, Agriculture, and Cleaner Energy Consumption Induce Atmospheric Pollution in Asia? Application of Method of Moments Quantile RegressionMubeen Abdur Rehman0Zeeshan Fareed1Sultan Salem2Asma Kanwal3Ugur Korkut Pata4Lahore Business School, University of Lahore, Lahore, PakistanSchool of Economics and Management, Huzhou University, Huzhou, ChinaDepartment of Economics (DoE), Birmingham Business School (BBS), University House, College of Social Sciences (CoSS), University of Birmingham, Birmingham, United KingdomSchool of Economics, Sichuan University, Chengdu, ChinaFaculty of Economics and Administrative Sciences, Department of Economics, Osmaniye Korkut Ata University, Osmaniye, TurkeySustainable development remains unattainable unless we move to reduce the negative impact of economic factors on environmental quality. It is noteworthy to provide new evidence on whether and how the empirical association between export diversification, agricultural value-addition, renewable energy, and regulatory quality with greenhouse gas (GHG) emissions evolved in Asian countries from 1996 to 2014. The study examines the relationships between these variables using current panel data techniques. The econometric procedure includes second-generation cointegration and unit root tests together with a novel Method of Movements Quantile Regression (MMQR). This approach offers an asymmetric relationship between the variables and is very robust to outliers compared to traditional quantile regression. The empirical outcomes show that export diversification, renewable energy, and regulatory quality are significantly and negatively associated with GHG emissions. In contrast, agricultural value-added in Asia has become a source of increased GHG emissions. Our findings are also robust with alternate specifications, including fully modified, dynamic and fixed effect regressions. This study will help policymakers for diversifying their export portfolio while ensuring a sustainable environment in Asia.https://www.frontiersin.org/articles/10.3389/fenvs.2021.781097/fullGHG emissionsexport diversificationagriculturerenewable energyregulatory qualityMMQR
spellingShingle Mubeen Abdur Rehman
Zeeshan Fareed
Sultan Salem
Asma Kanwal
Ugur Korkut Pata
Do Diversified Export, Agriculture, and Cleaner Energy Consumption Induce Atmospheric Pollution in Asia? Application of Method of Moments Quantile Regression
Frontiers in Environmental Science
GHG emissions
export diversification
agriculture
renewable energy
regulatory quality
MMQR
title Do Diversified Export, Agriculture, and Cleaner Energy Consumption Induce Atmospheric Pollution in Asia? Application of Method of Moments Quantile Regression
title_full Do Diversified Export, Agriculture, and Cleaner Energy Consumption Induce Atmospheric Pollution in Asia? Application of Method of Moments Quantile Regression
title_fullStr Do Diversified Export, Agriculture, and Cleaner Energy Consumption Induce Atmospheric Pollution in Asia? Application of Method of Moments Quantile Regression
title_full_unstemmed Do Diversified Export, Agriculture, and Cleaner Energy Consumption Induce Atmospheric Pollution in Asia? Application of Method of Moments Quantile Regression
title_short Do Diversified Export, Agriculture, and Cleaner Energy Consumption Induce Atmospheric Pollution in Asia? Application of Method of Moments Quantile Regression
title_sort do diversified export agriculture and cleaner energy consumption induce atmospheric pollution in asia application of method of moments quantile regression
topic GHG emissions
export diversification
agriculture
renewable energy
regulatory quality
MMQR
url https://www.frontiersin.org/articles/10.3389/fenvs.2021.781097/full
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