Adebayo Tomiwa Sunday, Awosusi Abraham Ayobamiji, Rjoub Husam, Agyekum Ephraim Bonah, Kirikkaleli Dervis
Department of Business Administration, Faculty of Economics and Administrative Science, Cyprus International University, 99040 Nicosia, Turkey.
Department of Finance & Accounting, Akfa University, Tashkent, Uzbekistan.
Heliyon. 2022 Feb 16;8(2):e08941. doi: 10.1016/j.heliyon.2022.e08941. eCollection 2022 Feb.
An accurate carbon emissions measurement is critical for developing an appropriate climate strategy to address ecological issues. A meaningful climate policy reaction can be offered based on trade adjusted statistics of carbon emissions. This research utilizes second-generation panel co-integration techniques to investigate the influence of globalization and renewable energy utilization on consumption-based carbon emissions (CCO) as well as the role of nonrenewable energy use and economic growth in the MINT-(Mexico, Indonesia, Nigeria and Turkey) countries from 1990 to 2018. The outcomes of the cross-sectional dependency and heterogeneity tests revealed slope heterogeneity and cross-sectional units across nations. Furthermore, the outcomes of the cointegration test provided evidence of a long-run association between consumption-based CO emissions (CCCO) and the regressors. Moreover, the outcomes of both common correlated effect mean group () and augmented mean group (AMG) unveiled that economic growth and nonrenewable energy utilization contribute to the degradation of the environment, while globalization and renewable energy utilization help to curb the degradation of the environment. Furthermore, the outcomes of the causality test showed that all the regressors can predict CCO emissions in the MINT nations. Thus, policy channeled towards globalization, economic growth, and renewable energy utilization will have a significant effect on CCO emissions. Based on the study outcomes, significant policy recommendations are made for policymakers in the MINT nations.
准确测量碳排放对于制定适当的气候战略以解决生态问题至关重要。基于贸易调整后的碳排放统计数据，可以提供有意义的气候政策反应。本研究利用第二代面板协整技术，研究了1990年至2018年全球化和可再生能源利用对基于消费的碳排放（CCO）的影响，以及不可再生能源使用和经济增长在MINT国家（墨西哥、印度尼西亚、尼日利亚和土耳其）中的作用。横截面依赖性和异质性检验的结果揭示了各国之间的斜率异质性和横截面单位。此外，协整检验的结果提供了基于消费的碳排放（CCCO）与回归变量之间长期关联的证据。此外，共同相关效应均值组（）和增强均值组（AMG）的结果均表明，经济增长和不可再生能源利用会导致环境退化，而全球化和可再生能源利用有助于遏制环境退化。此外，因果关系检验的结果表明，所有回归变量都可以预测MINT国家的CCO排放。因此，针对全球化、经济增长和可再生能源利用的政策将对CCO排放产生重大影响。基于研究结果，为MINT国家的政策制定者提出了重要的政策建议。
