Destek Mehmet Akif, Sohag Kazi, Aydın Sercan, Destek Gamze
Department of Economics, Gaziantep University, Gaziantep, Turkey.
Graduate School of Economics and Management, Ural Federal University, Yekaterinburg, Russia.
Environ Sci Pollut Res Int. 2023 Mar;30(11):28903-28915. doi: 10.1007/s11356-022-24066-6. Epub 2022 Nov 19.
It is well acknowledged that achieving sustainable development goals without negatively impacting a country's economic activity is complicated. The question of whether foreign or domestic capital can be used to address the financial demands of the nations who lack the financial resources for a green transformation should now be resolved. Based on this, the main goal of this research is to analyze the impacts of domestic and foreign capital on carbon emissions for a heterogeneous panel of 42 countries for the period from 1990 to 2017. Aside from capital accumulation, the environmental impact of elements such as economic growth, urbanization, trade openness, and energy usage is also studied. The newly developed quantile via moment approach is utilized to isolate the impacts according to the countries' emission levels. Finally, the impact of these variables on the recently constructed sustainable development index is investigated in order to ensure its robustness. The findings of the study reveal that the environmental efficiency of domestic capital accumulation in countries with low emission levels is higher than in countries with high emission levels. Foreign capital, on the other hand, has no substantial effect on emission levels in all quantiles.
人们普遍认识到，在不对一个国家的经济活动产生负面影响的情况下实现可持续发展目标是复杂的。现在应该解决的问题是，外国资本或国内资本是否可用于满足那些缺乏绿色转型所需财政资源的国家的财政需求。基于此，本研究的主要目标是分析1990年至2017年期间42个国家的异质性面板中，国内资本和外国资本对碳排放的影响。除了资本积累外，还研究了经济增长、城市化、贸易开放度和能源使用等因素对环境的影响。新开发的分位数矩方法用于根据各国的排放水平分离影响。最后，为确保其稳健性，研究了这些变量对最近构建的可持续发展指数的影响。研究结果表明，低排放水平国家国内资本积累的环境效率高于高排放水平国家。另一方面，外国资本在所有分位数上对排放水平都没有实质性影响。
