Rule of Law, Control of Corruption and CO2 Emissions in Pakistan

The rule of law and control of corruption would play an effective role in managing CO2 emissions in Pakistan. The present research has explored this issue in Pakistan controlling economic growth during 1996-2019. Further, the unit root and cointegration tests are used. We found the long and short-r...

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Main Authors: Haider Mahmood, Shafiqul Hassan, Muhammad Tanveer, Maham Furqan
Format: Article
Language:English
Published: EconJournals 2022-07-01
Series:International Journal of Energy Economics and Policy
Subjects:
Online Access:https://econjournals.com/index.php/ijeep/article/view/13098
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author Haider Mahmood
Shafiqul Hassan
Muhammad Tanveer
Maham Furqan
author_facet Haider Mahmood
Shafiqul Hassan
Muhammad Tanveer
Maham Furqan
author_sort Haider Mahmood
collection DOAJ
description The rule of law and control of corruption would play an effective role in managing CO2 emissions in Pakistan. The present research has explored this issue in Pakistan controlling economic growth during 1996-2019. Further, the unit root and cointegration tests are used. We found the long and short-run relationships in the model. Economic growth has a positive effect on CO2 emissions. The rule of law could not impact in the long run and negatively impacts in the short run. Hence, improving law and order conditions would reduce CO2 emissions in the short run, and further improvements in the rule of law could have pleasant long-run environmental effects. The control of corruption has a positive impact on CO2 emissions in the long run. However, the short-run effects of control of corruption with first and second lags are found negative.      
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spelling doaj.art-b00f06622ea14410a09bc32e815ad04a2023-02-15T16:19:59ZengEconJournalsInternational Journal of Energy Economics and Policy2146-45532022-07-0112410.32479/ijeep.13098Rule of Law, Control of Corruption and CO2 Emissions in PakistanHaider Mahmood0Shafiqul Hassan1Muhammad Tanveer2Maham Furqan3Associate Professor, Department of Finance, College of Business Administration, Prince Sattam Bin Abdulaziz University, 173 Alkharj 11942, Saudi Arabia.College of Law, Prince Sultan University, Riyadh, Saudi ArabiaPrince Sultan University, Rafah Street 11586, Riyadh, Saudi ArabiaSchool of Public Policy, Oregon State University, Corvallis, OR 97331, USA The rule of law and control of corruption would play an effective role in managing CO2 emissions in Pakistan. The present research has explored this issue in Pakistan controlling economic growth during 1996-2019. Further, the unit root and cointegration tests are used. We found the long and short-run relationships in the model. Economic growth has a positive effect on CO2 emissions. The rule of law could not impact in the long run and negatively impacts in the short run. Hence, improving law and order conditions would reduce CO2 emissions in the short run, and further improvements in the rule of law could have pleasant long-run environmental effects. The control of corruption has a positive impact on CO2 emissions in the long run. However, the short-run effects of control of corruption with first and second lags are found negative.       https://econjournals.com/index.php/ijeep/article/view/13098The rule of lawcontrol of corruptioneconomic growthCO2 emissions
spellingShingle Haider Mahmood
Shafiqul Hassan
Muhammad Tanveer
Maham Furqan
Rule of Law, Control of Corruption and CO2 Emissions in Pakistan
International Journal of Energy Economics and Policy
The rule of law
control of corruption
economic growth
CO2 emissions
title Rule of Law, Control of Corruption and CO2 Emissions in Pakistan
title_full Rule of Law, Control of Corruption and CO2 Emissions in Pakistan
title_fullStr Rule of Law, Control of Corruption and CO2 Emissions in Pakistan
title_full_unstemmed Rule of Law, Control of Corruption and CO2 Emissions in Pakistan
title_short Rule of Law, Control of Corruption and CO2 Emissions in Pakistan
title_sort rule of law control of corruption and co2 emissions in pakistan
topic The rule of law
control of corruption
economic growth
CO2 emissions
url https://econjournals.com/index.php/ijeep/article/view/13098
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