The Impact of Economic Growth, Foreign Direct Investment, Urbanization, Fossils Fuel Consumption on Environmental Degradation in Emerging Asian Economies
The current examination ascertains the impact of foreign direct investment, urbanization, economic growth, fossil fuel consumption on carbon emissions in eleven rising Asian economies. Panel data has been scrutinized from 1990 to 2018, and (ARDL)/PMG model is executed. The outcomes of the model exe...
| Main Authors: | , , |
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| Format: | Article |
| Language: | English |
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CSRC Publishing
2020-12-01
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| Series: | Journal of Business and Social Review in Emerging Economies |
| Subjects: | |
| Online Access: | https://www.publishing.globalcsrc.org/ojs/index.php/jbsee/article/view/1480 |
| _version_ | 1818772787706200064 |
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| author | Muhammad Waqas Ashraf Hafeez ur Rehman Imran Sharif Chaudhry |
| author_facet | Muhammad Waqas Ashraf Hafeez ur Rehman Imran Sharif Chaudhry |
| author_sort | Muhammad Waqas Ashraf |
| collection | DOAJ |
| description | The current examination ascertains the impact of foreign direct investment, urbanization, economic growth, fossil fuel consumption on carbon emissions in eleven rising Asian economies. Panel data has been scrutinized from 1990 to 2018, and (ARDL)/PMG model is executed. The outcomes of the model exemplify that in these growing Asian economies, the triumph to cuitivate economic growth, foreign direct investment, urbanization and fossil fuels are bestowing CO2 emissions and deteriorating the environmental circumstances at the regional level. Moreover, the conclusions emphasis that foreign direct investment is a source of environmental humiliation and increases carbon emissions at the regional level. Furthermore, outcomes of the investigate also confirmes the existence of (EKC) in these eleven emerging Asian economies. The study also suggest that by lessening the consumption of fossil fuel energy and encouragement of an environmental responsive economic growth policy will be suitable for the affluence in these emerging developing Asian economies and also the rest of world. |
| first_indexed | 2024-12-18T10:14:54Z |
| format | Article |
| id | doaj.art-54c3b1d8be0a47039528072badad08a6 |
| institution | Directory Open Access Journal |
| issn | 2519-089X 2519-0326 |
| language | English |
| last_indexed | 2024-12-18T10:14:54Z |
| publishDate | 2020-12-01 |
| publisher | CSRC Publishing |
| record_format | Article |
| series | Journal of Business and Social Review in Emerging Economies |
| spelling | doaj.art-54c3b1d8be0a47039528072badad08a62022-12-21T21:11:19ZengCSRC PublishingJournal of Business and Social Review in Emerging Economies2519-089X2519-03262020-12-016410.26710/jbsee.v6i4.1480The Impact of Economic Growth, Foreign Direct Investment, Urbanization, Fossils Fuel Consumption on Environmental Degradation in Emerging Asian EconomiesMuhammad Waqas Ashraf0Hafeez ur Rehman1Imran Sharif Chaudhry2 PhD Scholar University of Management and Technology Lahore, PakistanChairman Department of Economics University of Management and Technology Lahore, PakistanDirector, School of Economics, Bahauddin Zakariya University Multan, PakistanThe current examination ascertains the impact of foreign direct investment, urbanization, economic growth, fossil fuel consumption on carbon emissions in eleven rising Asian economies. Panel data has been scrutinized from 1990 to 2018, and (ARDL)/PMG model is executed. The outcomes of the model exemplify that in these growing Asian economies, the triumph to cuitivate economic growth, foreign direct investment, urbanization and fossil fuels are bestowing CO2 emissions and deteriorating the environmental circumstances at the regional level. Moreover, the conclusions emphasis that foreign direct investment is a source of environmental humiliation and increases carbon emissions at the regional level. Furthermore, outcomes of the investigate also confirmes the existence of (EKC) in these eleven emerging Asian economies. The study also suggest that by lessening the consumption of fossil fuel energy and encouragement of an environmental responsive economic growth policy will be suitable for the affluence in these emerging developing Asian economies and also the rest of world.https://www.publishing.globalcsrc.org/ojs/index.php/jbsee/article/view/1480Environmental Kuznut Curve (EKC), Carbon dioxide emissions, Fossil fuel, Urbanization, Environmental Degradation. |
| spellingShingle | Muhammad Waqas Ashraf Hafeez ur Rehman Imran Sharif Chaudhry The Impact of Economic Growth, Foreign Direct Investment, Urbanization, Fossils Fuel Consumption on Environmental Degradation in Emerging Asian Economies Journal of Business and Social Review in Emerging Economies Environmental Kuznut Curve (EKC), Carbon dioxide emissions, Fossil fuel, Urbanization, Environmental Degradation. |
| title | The Impact of Economic Growth, Foreign Direct Investment, Urbanization, Fossils Fuel Consumption on Environmental Degradation in Emerging Asian Economies |
| title_full | The Impact of Economic Growth, Foreign Direct Investment, Urbanization, Fossils Fuel Consumption on Environmental Degradation in Emerging Asian Economies |
| title_fullStr | The Impact of Economic Growth, Foreign Direct Investment, Urbanization, Fossils Fuel Consumption on Environmental Degradation in Emerging Asian Economies |
| title_full_unstemmed | The Impact of Economic Growth, Foreign Direct Investment, Urbanization, Fossils Fuel Consumption on Environmental Degradation in Emerging Asian Economies |
| title_short | The Impact of Economic Growth, Foreign Direct Investment, Urbanization, Fossils Fuel Consumption on Environmental Degradation in Emerging Asian Economies |
| title_sort | impact of economic growth foreign direct investment urbanization fossils fuel consumption on environmental degradation in emerging asian economies |
| topic | Environmental Kuznut Curve (EKC), Carbon dioxide emissions, Fossil fuel, Urbanization, Environmental Degradation. |
| url | https://www.publishing.globalcsrc.org/ojs/index.php/jbsee/article/view/1480 |
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