IDEAS home Printed from https://ideas.repec.org/a/taf/reroxx/v36y2023i1p1960-1971.html
   My bibliography  Save this article

A new framework to the green economy: asymmetric role of public-private partnership investment on environment in selected Asian economies

Author

Listed:
  • Bo Gao
  • Ilhan Ozturk
  • Sana Ullah

Abstract

This study empirically examines the asymmetric relationship between public-private partnerships investment in the energy (PPPIE) sector and CO2 emissions for selected Asia economies from 1990 to 2019. For estimation, we used the nonlinear autoregressive distributed lag modelling (NARDL) econometric approach. The findings reveal that a positive change in PPPIE hinders environmental quality by increasing CO2 emissions in Indonesia and Russia in long run. On the contrary, a positive change in PPPIE has a negative influence on CO2 emissions in China and Turkey in long run. The negative shock of PPPIE mitigates the CO2 emissions in long-run in Russia, Indonesia, and Turkey. However, a positive change in PPPIE improves environmental quality by decreasing CO2 emissions in India, Indonesia, and Turkey in the short run. Although a negative change in PPPIE has negative effects on CO2 emissions in only Indonesia, while it has positive effects in India, Russia, and Turkey in the short run. Therefore, the government should encourage public-private partnerships investment in the renewable energy sector in the selected Asian economies by encouraging environmental quality.

Suggested Citation

  • Bo Gao & Ilhan Ozturk & Sana Ullah, 2023. "A new framework to the green economy: asymmetric role of public-private partnership investment on environment in selected Asian economies," Economic Research-Ekonomska Istraživanja, Taylor & Francis Journals, vol. 36(1), pages 1960-1971, March.
    • Handle: RePEc:taf:reroxx:v:36:y:2023:i:1:p:1960-1971
    DOI: 10.1080/1331677X.2022.2094441
    as

    Download full text from publisher

    File URL: http://hdl.handle.net/10.1080/1331677X.2022.2094441
    Download Restriction: Access to full text is restricted to subscribers.
    File URL: https://libkey.io/10.1080/1331677X.2022.2094441?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    More about this item

    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:taf:reroxx:v:36:y:2023:i:1:p:1960-1971. 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.

    We have no bibliographic references for this item. You can help adding them by using 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: Chris Longhurst (email available below). General contact details of provider: http://www.tandfonline.com/rero .

    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.