Impact of globalization on the environment in major CO2-emitting countries: Evidence using bootstrap ARDL with a Fourier function
Alongside sustainable development as a major global aim, the contribution made by globalization to environmental issues has become crucial in recent decades. Prior studies have focused on how trade in globalization influences the environment. However, multiple economic, social, and political factors...
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Frontiers Media S.A.
2022-09-01
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Series: | Frontiers in Public Health |
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Online Access: | https://www.frontiersin.org/articles/10.3389/fpubh.2022.907403/full |
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author | Cheng-Feng Wu Cheng-Feng Wu Cheng-Feng Wu Tsangyao Chang Tsangyao Chang Tsung-Pao Wu Kai-jun Leng Meng-Chen Lin Meng-Chen Lin Shian-Chang Huang |
author_facet | Cheng-Feng Wu Cheng-Feng Wu Cheng-Feng Wu Tsangyao Chang Tsangyao Chang Tsung-Pao Wu Kai-jun Leng Meng-Chen Lin Meng-Chen Lin Shian-Chang Huang |
author_sort | Cheng-Feng Wu |
collection | DOAJ |
description | Alongside sustainable development as a major global aim, the contribution made by globalization to environmental issues has become crucial in recent decades. Prior studies have focused on how trade in globalization influences the environment. However, multiple economic, social, and political factors are also important, the integration of which needs to be considered in sustainable development. Sharp and smooth breaks in time series models are the consequence of real-world structures. Using the bootstrap autoregressive-distributed lag test with a Fourier function, the present study reexamined the nexus between globalization and the environment in China, the United States, and India. The empirical results indicate that in the United States, the nexus between globalization and the environment is cointegrated in the long-term. In the short term, globalization is improving the environment in the United States and India. However, in China, globalization is resulting in environmental degradation. This research will assist policymakers in developing comprehensive strategies for sustainable development. |
first_indexed | 2024-04-12T23:34:09Z |
format | Article |
id | doaj.art-b969f08dc76c4c23817c08d5cb15ee9b |
institution | Directory Open Access Journal |
issn | 2296-2565 |
language | English |
last_indexed | 2024-04-12T23:34:09Z |
publishDate | 2022-09-01 |
publisher | Frontiers Media S.A. |
record_format | Article |
series | Frontiers in Public Health |
spelling | doaj.art-b969f08dc76c4c23817c08d5cb15ee9b2022-12-22T03:12:12ZengFrontiers Media S.A.Frontiers in Public Health2296-25652022-09-011010.3389/fpubh.2022.907403907403Impact of globalization on the environment in major CO2-emitting countries: Evidence using bootstrap ARDL with a Fourier functionCheng-Feng Wu0Cheng-Feng Wu1Cheng-Feng Wu2Tsangyao Chang3Tsangyao Chang4Tsung-Pao Wu5Kai-jun Leng6Meng-Chen Lin7Meng-Chen Lin8Shian-Chang Huang9Research Center of Hubei Logistics Development, Hubei University of Economics, Wuhan, ChinaSchool of Business, Wuchang University of Technology, Wuhan, ChinaSchool of Business Administration, Hubei University of Economics, Wuhan, ChinaDepartment of Finance, Feng Chia University, Taichung, TaiwanCTBC Business School, Tainan, TaiwanSchool of Accounting and Finance, Beijing Institute of Technology, Beijing, ChinaResearch Center of Hubei Logistics Development, Hubei University of Economics, Wuhan, ChinaResearch Center of Hubei Logistics Development, Hubei University of Economics, Wuhan, ChinaSchool of Business Administration, Hubei University of Economics, Wuhan, ChinaDepartment of Business Administration, National Changhua University of Education, Changhua, TaiwanAlongside sustainable development as a major global aim, the contribution made by globalization to environmental issues has become crucial in recent decades. Prior studies have focused on how trade in globalization influences the environment. However, multiple economic, social, and political factors are also important, the integration of which needs to be considered in sustainable development. Sharp and smooth breaks in time series models are the consequence of real-world structures. Using the bootstrap autoregressive-distributed lag test with a Fourier function, the present study reexamined the nexus between globalization and the environment in China, the United States, and India. The empirical results indicate that in the United States, the nexus between globalization and the environment is cointegrated in the long-term. In the short term, globalization is improving the environment in the United States and India. However, in China, globalization is resulting in environmental degradation. This research will assist policymakers in developing comprehensive strategies for sustainable development.https://www.frontiersin.org/articles/10.3389/fpubh.2022.907403/fullbootstrap ARDLglobalizationCO2 emissionsFourier functional formunknown break dateChina |
spellingShingle | Cheng-Feng Wu Cheng-Feng Wu Cheng-Feng Wu Tsangyao Chang Tsangyao Chang Tsung-Pao Wu Kai-jun Leng Meng-Chen Lin Meng-Chen Lin Shian-Chang Huang Impact of globalization on the environment in major CO2-emitting countries: Evidence using bootstrap ARDL with a Fourier function Frontiers in Public Health bootstrap ARDL globalization CO2 emissions Fourier functional form unknown break date China |
title | Impact of globalization on the environment in major CO2-emitting countries: Evidence using bootstrap ARDL with a Fourier function |
title_full | Impact of globalization on the environment in major CO2-emitting countries: Evidence using bootstrap ARDL with a Fourier function |
title_fullStr | Impact of globalization on the environment in major CO2-emitting countries: Evidence using bootstrap ARDL with a Fourier function |
title_full_unstemmed | Impact of globalization on the environment in major CO2-emitting countries: Evidence using bootstrap ARDL with a Fourier function |
title_short | Impact of globalization on the environment in major CO2-emitting countries: Evidence using bootstrap ARDL with a Fourier function |
title_sort | impact of globalization on the environment in major co2 emitting countries evidence using bootstrap ardl with a fourier function |
topic | bootstrap ARDL globalization CO2 emissions Fourier functional form unknown break date China |
url | https://www.frontiersin.org/articles/10.3389/fpubh.2022.907403/full |
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