Bangladesh Institute of Governance and Management (BIGM), University of Dhaka (Affiliated), Dhaka-1207, Bangladesh.
Management Studies Department, Bahria Business School, Bahria University, Islamabad, Pakistan.
Environ Sci Pollut Res Int. 2021 Sep;28(35):48851-48871. doi: 10.1007/s11356-021-13441-4. Epub 2021 Apr 30.
Bangladesh's recent doorway to the spectacular growth trajectory is largely associated with the shared contributions of globalization, FDI, trade, economic growth, urbanization, energy consumption, innovation, and institutional quality that affect its natural environment. Earlier studies hardly incorporated these dynamics together especially innovation and institutional quality to examine their impacts on environmental degradation in Bangladesh. This study attempts to scrutinize the effect of globalization, foreign direct investment, economic growth, trade, innovation, urbanization, and energy consumption on CO emissions in the presence of institutional quality in Bangladesh over the period 1972-2016 by utilizing dynamic ARDL simulations' model by Jordan and Philips (2018). The investigated results depict that globalization; foreign direct investment, and innovation have a negative effect on CO emissions in improving environmental quality while economic growth, trade, energy consumption, and urbanization positively impact CO emissions and hence stimulate environmental degradation both in the long and short run. Besides, institutional quality measured by the political terror scale (PTS) affects CO emissions positively and thereby degrades the quality of the environment in both the long and short run. Therefore, policy implication should go toward encouraging globalization, foreign direct investment and innovation; and the sensible utilization of income growth, trade potentials, energy consumption, urbanization and institution is required for the sake of environmental quality in Bangladesh.
孟加拉国最近走上了引人注目的增长轨道，这在很大程度上与全球化、外国直接投资、贸易、经济增长、城市化、能源消耗、创新和制度质量的共同贡献有关，这些因素影响着其自然环境。早期的研究几乎没有将这些动态因素，特别是创新和制度质量结合在一起，来考察它们对孟加拉国环境退化的影响。本研究试图在孟加拉国 1972-2016 年期间，利用约旦和菲利普斯（2018 年）提出的动态 ARDL 模拟模型，检验全球化、外国直接投资、经济增长、贸易、创新、城市化和能源消耗对 CO2 排放的影响，同时考虑制度质量的作用。研究结果表明，全球化、外国直接投资和创新对 CO2 排放有负面影响，有助于改善环境质量，而经济增长、贸易、能源消耗和城市化则对 CO2 排放产生积极影响，从而在长期和短期都刺激环境退化。此外，用政治恐怖主义规模（PTS）衡量的制度质量对 CO2 排放有积极影响，从而在长期和短期都降低了环境质量。因此，政策建议应该鼓励全球化、外国直接投资和创新；为了孟加拉国的环境质量，需要明智地利用收入增长、贸易潜力、能源消耗、城市化和制度。
