IDEAS home Printed from https://ideas.repec.org/p/pra/mprapa/106937.html
   My bibliography  Save this paper

Investigation on the role of economic, social and political globalization on environment: Evidence from CEECs

Author

Listed:
  • Destek, Mehmet Akif

Abstract

This study aims to investigate the impact of different dimensions of globalization (i.e. overall globalization index, economic globalization index, social globalization index and political globalization index) on environmental pollution by incorporating the real gross domestic product and energy consumption in Central and Eastern European Countries (CEECs). In doing so, the annual period from 1995 to 2015 is examined with second generation panel data methodologies to consider the possible cross-sectional dependence among observed countries. The findings show that increasing overall globalization, economic globalization and social globalization increases the carbon emissions while increasing political globalization reduces the environmental pollution. In addition, it is also found that Environmental Kuznets Curve (EKC) hypothesis is confirmed.

Suggested Citation

  • Destek, Mehmet Akif, 2019. "Investigation on the role of economic, social and political globalization on environment: Evidence from CEECs," MPRA Paper 106937, University Library of Munich, Germany.
  • Handle: RePEc:pra:mprapa:106937
    as

    Download full text from publisher

    File URL: https://mpra.ub.uni-muenchen.de/106937/1/MPRA_paper_106937.pdf
    File Function: original version
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Jalil, Abdul & Feridun, Mete, 2011. "The impact of growth, energy and financial development on the environment in China: A cointegration analysis," Energy Economics, Elsevier, vol. 33(2), pages 284-291, March.
    2. Joakim Westerlund, 2008. "Panel cointegration tests of the Fisher effect," Journal of Applied Econometrics, John Wiley & Sons, Ltd., vol. 23(2), pages 193-233.
    3. Farhani, Sahbi & Chaibi, Anissa & Rault, Christophe, 2014. "CO2 emissions, output, energy consumption, and trade in Tunisia," Economic Modelling, Elsevier, vol. 38(C), pages 426-434.
    4. Jitao Tang, 2015. "Testing the Pollution Haven Effect: Does the Type of FDI Matter?," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 60(4), pages 549-578, April.
    5. Tamazian, Artur & Bhaskara Rao, B., 2010. "Do economic, financial and institutional developments matter for environmental degradation? Evidence from transitional economies," Energy Economics, Elsevier, vol. 32(1), pages 137-145, January.
    6. Westerlund, Joakim & Edgerton, David L., 2007. "A panel bootstrap cointegration test," Economics Letters, Elsevier, vol. 97(3), pages 185-190, December.
    7. Dumitrescu, Elena-Ivona & Hurlin, Christophe, 2012. "Testing for Granger non-causality in heterogeneous panels," Economic Modelling, Elsevier, vol. 29(4), pages 1450-1460.
    8. M. Hashem Pesaran, 2021. "General diagnostic tests for cross-sectional dependence in panels," Empirical Economics, Springer, vol. 60(1), pages 13-50, January.
    9. Rahel Aichele & Gabriel Felbermayr, 2015. "Kyoto and Carbon Leakage: An Empirical Analysis of the Carbon Content of Bilateral Trade," The Review of Economics and Statistics, MIT Press, vol. 97(1), pages 104-115, March.
    10. Bo Li & Xuejing Liu & Zhenhong Li, 2015. "Using the STIRPAT model to explore the factors driving regional CO 2 emissions: a case of Tianjin, China," Natural Hazards: Journal of the International Society for the Prevention and Mitigation of Natural Hazards, Springer;International Society for the Prevention and Mitigation of Natural Hazards, vol. 76(3), pages 1667-1685, April.
    11. Shahbaz, Muhammad & Hye, Qazi Muhammad Adnan & Tiwari, Aviral Kumar & Leitão, Nuno Carlos, 2013. "Economic growth, energy consumption, financial development, international trade and CO2 emissions in Indonesia," Renewable and Sustainable Energy Reviews, Elsevier, vol. 25(C), pages 109-121.
    12. Salahuddin, Mohammad & Alam, Khorshed & Ozturk, Ilhan, 2016. "The effects of Internet usage and economic growth on CO2 emissions in OECD countries: A panel investigation," Renewable and Sustainable Energy Reviews, Elsevier, vol. 62(C), pages 1226-1235.
    13. repec:ipg:wpaper:201415 is not listed on IDEAS
    14. Suzanne McCoskey & Chihwa Kao, 1998. "A residual-based test of the null of cointegration in panel data," Econometric Reviews, Taylor & Francis Journals, vol. 17(1), pages 57-84.
    15. Al-mulali, Usama, 2012. "Factors affecting CO2 emission in the Middle East: A panel data analysis," Energy, Elsevier, vol. 44(1), pages 564-569.
    16. Cerdeira Bento, João Paulo & Moutinho, Victor, 2016. "CO2 emissions, non-renewable and renewable electricity production, economic growth, and international trade in Italy," Renewable and Sustainable Energy Reviews, Elsevier, vol. 55(C), pages 142-155.
    17. Sahbi Farhani & Anissa Chaibi & Christophe Rault, 2014. "A study of CO2 emissions, output,energy consumption, and trade," Working Papers 2014-56, Department of Research, Ipag Business School.
    18. Al-Mulali, Usama & Saboori, Behnaz & Ozturk, Ilhan, 2015. "Investigating the environmental Kuznets curve hypothesis in Vietnam," Energy Policy, Elsevier, vol. 76(C), pages 123-131.
    19. Shahbaz, Muhammad & Nasreen, Samia & Abbas, Faisal & Anis, Omri, 2015. "Does foreign direct investment impede environmental quality in high-, middle-, and low-income countries?," Energy Economics, Elsevier, vol. 51(C), pages 275-287.
    20. Granger, C W J, 1969. "Investigating Causal Relations by Econometric Models and Cross-Spectral Methods," Econometrica, Econometric Society, vol. 37(3), pages 424-438, July.
    21. Axel Dreher, 2006. "Does globalization affect growth? Evidence from a new index of globalization," Applied Economics, Taylor & Francis Journals, vol. 38(10), pages 1091-1110.
    22. M. Hashem Pesaran, 2007. "A simple panel unit root test in the presence of cross-section dependence," Journal of Applied Econometrics, John Wiley & Sons, Ltd., vol. 22(2), pages 265-312.
    23. Sapkota, Pratikshya & Bastola, Umesh, 2017. "Foreign direct investment, income, and environmental pollution in developing countries: Panel data analysis of Latin America," Energy Economics, Elsevier, vol. 64(C), pages 206-212.
    24. Behera, Smruti Ranjan & Dash, Devi Prasad, 2017. "The effect of urbanization, energy consumption, and foreign direct investment on the carbon dioxide emission in the SSEA (South and Southeast Asian) region," Renewable and Sustainable Energy Reviews, Elsevier, vol. 70(C), pages 96-106.
    25. Carmel Price & Ben Feldmeyer, 2012. "The Environmental Impact of Immigration: An Analysis of the Effects of Immigrant Concentration on Air Pollution Levels," Population Research and Policy Review, Springer;Southern Demographic Association (SDA), vol. 31(1), pages 119-140, February.
    26. repec:ipg:wpaper:2014-582 is not listed on IDEAS
    27. T. S. Breusch & A. R. Pagan, 1980. "The Lagrange Multiplier Test and its Applications to Model Specification in Econometrics," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 47(1), pages 239-253.
    28. Grunewald, Nicole & Martinez-Zarzoso, Inmaculada, 2016. "Did the Kyoto Protocol fail? An evaluation of the effect of the Kyoto Protocol on CO2 emissions," Environment and Development Economics, Cambridge University Press, vol. 21(1), pages 1-22, February.
    29. Paramati, Sudharshan Reddy & Apergis, Nicholas & Ummalla, Mallesh, 2017. "Financing clean energy projects through domestic and foreign capital: The role of political cooperation among the EU, the G20 and OECD countries," Energy Economics, Elsevier, vol. 61(C), pages 62-71.
    30. Mehmet Akif Destek & Esra Balli & Muge Manga, 2016. "The Relationship between CO2 Emission, Energy Consumption, Urbanization and Trade Openness for Selected CEECs," Research in World Economy, Research in World Economy, Sciedu Press, vol. 7(1), pages 52-58, June.
    31. Muradian, Roldan, 2006. "Immigration and the environment: Underlying values and scope of analysis," Ecological Economics, Elsevier, vol. 59(2), pages 208-213, September.
    32. Dogan, Eyup & Aslan, Alper, 2017. "Exploring the relationship among CO2 emissions, real GDP, energy consumption and tourism in the EU and candidate countries: Evidence from panel models robust to heterogeneity and cross-sectional depen," Renewable and Sustainable Energy Reviews, Elsevier, vol. 77(C), pages 239-245.
    33. Solarin, Sakiru Adebola & Al-Mulali, Usama & Musah, Ibrahim & Ozturk, Ilhan, 2017. "Investigating the pollution haven hypothesis in Ghana: An empirical investigation," Energy, Elsevier, vol. 124(C), pages 706-719.
    34. Tamazian, Artur & Chousa, Juan Piñeiro & Vadlamannati, Krishna Chaitanya, 2009. "Does higher economic and financial development lead to environmental degradation: Evidence from BRIC countries," Energy Policy, Elsevier, vol. 37(1), pages 246-253, January.
    35. Zaman, Khalid & Shahbaz, Muhammad & Loganathan, Nanthakumar & Raza, Syed Ali, 2016. "Tourism development, energy consumption and Environmental Kuznets Curve: Trivariate analysis in the panel of developed and developing countries," Tourism Management, Elsevier, vol. 54(C), pages 275-283.
    36. Ramphul Ohlan, 2015. "The impact of population density, energy consumption, economic growth and trade openness on CO 2 emissions in India," Natural Hazards: Journal of the International Society for the Prevention and Mitigation of Natural Hazards, Springer;International Society for the Prevention and Mitigation of Natural Hazards, vol. 79(2), pages 1409-1428, November.
    37. Shahbaz, Muhammad & Syed, Jawad & Kumar, Mantu & Hammoudeh, Shawkat, 2017. "Does globalization worsen environmental quality in developed economies?," MPRA Paper 80055, University Library of Munich, Germany, revised 06 Jul 2017.
    38. Shahbaz, Muhammad & Mallick, Hrushikesh & Kumar, Mantu & Loganathan, Nanthakumar, 2015. "Does Globalization Impede Environmental Quality in India?," MPRA Paper 67285, University Library of Munich, Germany, revised 15 Oct 2015.
    39. Kasman, Adnan & Duman, Yavuz Selman, 2015. "CO2 emissions, economic growth, energy consumption, trade and urbanization in new EU member and candidate countries: A panel data analysis," Economic Modelling, Elsevier, vol. 44(C), pages 97-103.
    40. Muhammad Shahbaz & Saleheen Khan & Amjad Ali & Mita Bhattacharya, 2017. "The Impact Of Globalization On Co2 Emissions In China," The Singapore Economic Review (SER), World Scientific Publishing Co. Pte. Ltd., vol. 62(04), pages 929-957, September.
    41. Eberhardt, Markus & Bond, Stephen, 2009. "Cross-section dependence in nonstationary panel models: a novel estimator," MPRA Paper 17692, University Library of Munich, Germany.
    42. Nuno Carlos Leit o, 2014. "Economic Growth, Carbon Dioxide Emissions, Renewable Energy and Globalization," International Journal of Energy Economics and Policy, Econjournals, vol. 4(3), pages 391-399.
    43. Muhammad, Shahbaz & Adebola Solarin, Solarin & Ozturk, Ilhan, 2016. "Environmental Kuznets curve hypothesis and the role of globalization in selected African countries," MPRA Paper 69859, University Library of Munich, Germany, revised 04 Mar 2016.
    44. Ali, Wajahat & Abdullah, Azrai & Azam, Muhammad, 2017. "Re-visiting the environmental Kuznets curve hypothesis for Malaysia: Fresh evidence from ARDL bounds testing approach," Renewable and Sustainable Energy Reviews, Elsevier, vol. 77(C), pages 990-1000.
    45. repec:ipg:wpaper:2014-056 is not listed on IDEAS
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Sinha, Avik & Shah, Muhammad Ibrahim & Sengupta, Tuhin & Jiao, Zhilun, 2020. "Analyzing Technology-Emissions Association in Top-10 Polluted MENA Countries: How to Ascertain Sustainable Development by Quantile Modeling Approach," MPRA Paper 100253, University Library of Munich, Germany, revised 2020.
    2. Sun, Yunpeng & Anwar, Ahsan & Razzaq, Asif & Liang, Xueping & Siddique, Muhammad, 2022. "Asymmetric role of renewable energy, green innovation, and globalization in deriving environmental sustainability: Evidence from top-10 polluted countries," Renewable Energy, Elsevier, vol. 185(C), pages 280-290.
    3. Danish, & Ulucak, Recep & Baloch, Muhammad Awais, 2023. "An empirical approach to the nexus between natural resources and environmental pollution: Do economic policy and environmental-related technologies make any difference?," Resources Policy, Elsevier, vol. 81(C).
    4. Xia, Wanjun & Apergis, Nicholas & Bashir, Muhammad Farhan & Ghosh, Sudeshna & Doğan, Buhari & Shahzad, Umer, 2022. "Investigating the role of globalization, and energy consumption for environmental externalities: Empirical evidence from developed and developing economies," Renewable Energy, Elsevier, vol. 183(C), pages 219-228.
    5. Cergibozan, Raif, 2022. "Renewable energy sources as a solution for energy security risk: Empirical evidence from OECD countries," Renewable Energy, Elsevier, vol. 183(C), pages 617-626.
    6. Jun Wang & Lichun Sui & Xiaomei Yang & Zhihua Wang & Dazhuan Ge & Junmei Kang & Fengshuo Yang & Yueming Liu & Bin Liu, 2019. "Economic Globalization Impacts on the Ecological Environment of Inland Developing Countries: A Case Study of Laos from the Perspective of the Land Use/Cover Change," Sustainability, MDPI, vol. 11(14), pages 1-21, July.
    7. Destek, Mehmet Akif, 2020. "Deindustrialization, Reindustrialization and Environmental Degradation: Evidence from Ecological Footprint of Turkey," MPRA Paper 114149, University Library of Munich, Germany, revised 01 Mar 2021.
    8. Balsalobre-Lorente, Daniel & Driha, Oana M. & Shahbaz, Muhammad & Sinha, Avik, 2020. "The effects of tourism and globalization over environmental degradation in developed countries," MPRA Paper 100092, University Library of Munich, Germany.
    9. Mehmet Akif, Destek & Muhammad, Shahbaz & Ilyas, Okumus & Shawkat, Hammoudeh & Avik, Sinha, 2020. "The relationship between economic growth and carbon emissions in G-7 countries: evidence from time-varying parameters with a long history," MPRA Paper 100514, University Library of Munich, Germany, revised Apr 2020.
    10. Paul Terhemba Iorember & Gideon G. Goshit & Dalis T. Dabwor, 2020. "Testing the nexus between renewable energy consumption and environmental quality in Nigeria: The role of broad‐based financial development," African Development Review, African Development Bank, vol. 32(2), pages 163-175, June.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Khan, Muhammad Tariq Iqbal & Yaseen, Muhammad Rizwan & Ali, Qamar, 2019. "Nexus between financial development, tourism, renewable energy, and greenhouse gas emission in high-income countries: A continent-wise analysis," Energy Economics, Elsevier, vol. 83(C), pages 293-310.
    2. Muhammad Shahbaz & Mehmet Akif Destek & Michael L. Polemis, 2018. "Do Foreign Capital and Financial Development Affect Clean Energy Consumption and Carbon Emissions? Evidence from BRICS and Next-11 Countries," SPOUDAI Journal of Economics and Business, SPOUDAI Journal of Economics and Business, University of Piraeus, vol. 68(4), pages 20-50, October-D.
    3. Dogan, Eyup & Seker, Fahri, 2016. "The influence of real output, renewable and non-renewable energy, trade and financial development on carbon emissions in the top renewable energy countries," Renewable and Sustainable Energy Reviews, Elsevier, vol. 60(C), pages 1074-1085.
    4. Dogan, Eyup & Seker, Fahri, 2016. "Determinants of CO2 emissions in the European Union: The role of renewable and non-renewable energy," Renewable Energy, Elsevier, vol. 94(C), pages 429-439.
    5. Zahed Ghaderi & Behnaz Saboori & Mana Khoshkam, 2023. "Revisiting the Environmental Kuznets Curve Hypothesis in the MENA Region: The Roles of International Tourist Arrivals, Energy Consumption and Trade Openness," Sustainability, MDPI, vol. 15(3), pages 1-18, January.
    6. Zafar, Muhammad Wasif & Zaidi, Syed Anees Haider & Sinha, Avik & Gedikli, Ayfer & Hou, Fujun, 2019. "The role of stock market and banking sector development, and renewable energy consumption in carbon emissions: Insights from G-7 and N-11 countries," Resources Policy, Elsevier, vol. 62(C), pages 427-436.
    7. Zafar, Muhammad Wasif & Shahbaz, Muhammad & Sinha, Avik & Sengupta, Tuhin & Qin, Quande, 2020. "How Renewable Energy Consumption Contribute to Environmental Quality? The Role of Education in OECD Countries," MPRA Paper 100259, University Library of Munich, Germany, revised 08 May 2020.
    8. Muhammad Shahbaz & Avik Sinha, 2019. "Environmental Kuznets curve for CO2emissions: a literature survey," Journal of Economic Studies, Emerald Group Publishing Limited, vol. 46(1), pages 106-168, January.
    9. Iftikhar Yasin & Nawaz Ahmad & Muhammad Aslam Chaudhary, 2021. "The impact of financial development, political institutions, and urbanization on environmental degradation: evidence from 59 less-developed economies," Environment, Development and Sustainability: A Multidisciplinary Approach to the Theory and Practice of Sustainable Development, Springer, vol. 23(5), pages 6698-6721, May.
    10. Dogan, Eyup & Aslan, Alper, 2017. "Exploring the relationship among CO2 emissions, real GDP, energy consumption and tourism in the EU and candidate countries: Evidence from panel models robust to heterogeneity and cross-sectional depen," Renewable and Sustainable Energy Reviews, Elsevier, vol. 77(C), pages 239-245.
    11. Hu, Guoheng & Can, Muhlis & Paramati, Sudharshan Reddy & Doğan, Buhari & Fang, Jianchun, 2020. "The effect of import product diversification on carbon emissions: New evidence for sustainable economic policies," Economic Analysis and Policy, Elsevier, vol. 65(C), pages 198-210.
    12. Abdul Majid Awan & Muhammad Azam, 2022. "Evaluating the impact of GDP per capita on environmental degradation for G-20 economies: Does N-shaped environmental Kuznets curve exist?," Environment, Development and Sustainability: A Multidisciplinary Approach to the Theory and Practice of Sustainable Development, Springer, vol. 24(9), pages 11103-11126, September.
    13. Yilmaz Bayar & Laura Diaconu (Maxim) & Andrei Maxim, 2020. "Financial Development and CO 2 Emissions in Post-Transition European Union Countries," Sustainability, MDPI, vol. 12(7), pages 1-15, March.
    14. Kangyin Dong & Xiucheng Dong & Qingzhe Jiang, 2020. "How renewable energy consumption lower global CO2 emissions? Evidence from countries with different income levels," The World Economy, Wiley Blackwell, vol. 43(6), pages 1665-1698, June.
    15. Paramati, Sudharshan Reddy & Apergis, Nicholas & Ummalla, Mallesh, 2017. "Financing clean energy projects through domestic and foreign capital: The role of political cooperation among the EU, the G20 and OECD countries," Energy Economics, Elsevier, vol. 61(C), pages 62-71.
    16. Yilmaz Bayar & Marius Dan Gavriletea & Dan Constantin Danuletiu & Adina Elena Danuletiu & Emre Sakar, 2022. "Pension Funds, Insurance Companies and Stock Market Development: Evidence from Emerging Markets," Mathematics, MDPI, vol. 10(13), pages 1-13, July.
    17. Sylvanus Kwaku Afesorgbor & Binyam Afewerk Demena, 2022. "Trade Openness and Environmental Emissions: Evidence from a Meta-Analysis," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 81(2), pages 287-321, February.
    18. Salahuddin, Mohammad & Alam, Khorshed & Ozturk, Ilhan, 2016. "The effects of Internet usage and economic growth on CO2 emissions in OECD countries: A panel investigation," Renewable and Sustainable Energy Reviews, Elsevier, vol. 62(C), pages 1226-1235.
    19. Destek, Mehmet Akif & Sinha, Avik & Özsoy, Ferda Nakıpoglu & Zafar, Muhammad Wasif, 2023. "Capital Flow and Environmental Quality at Crossroads: Designing a Sustainable Policy Framework for the Newly Industrialized Countries," MPRA Paper 117560, University Library of Munich, Germany.
    20. Usman, Muhammad & Balsalobre-Lorente, Daniel & Jahanger, Atif & Ahmad, Paiman, 2022. "Pollution concern during globalization mode in financially resource-rich countries: Do financial development, natural resources, and renewable energy consumption matter?," Renewable Energy, Elsevier, vol. 183(C), pages 90-102.

    More about this item

    Keywords

    Globalization; Carbon emissions; EKC hypothesis; CEECs;
    All these keywords.

    JEL classification:

    • Q51 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Valuation of Environmental Effects
    • Q56 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Environment and Development; Environment and Trade; Sustainability; Environmental Accounts and Accounting; Environmental Equity; Population Growth

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:pra:mprapa:106937. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Joachim Winter (email available below). General contact details of provider: https://edirc.repec.org/data/vfmunde.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.