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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Main Authors: Cheng-Feng Wu, Tsangyao Chang, Tsung-Pao Wu, Kai-jun Leng, Meng-Chen Lin, Shian-Chang Huang
Format: Article
Language:English
Published: Frontiers Media S.A. 2022-09-01
Series:Frontiers in Public Health
Subjects:
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.
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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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