Chen Xi, Rahman Saif Ur, Abdullah Sehresh, Ali Shahzad, Khalid Salman
School of Management, Sias University, Zhengzhou 451150, Infrastructure University Kuala Lumpur, Malaysia Kuala Lumpur,43000, China.
Faculty of Economics and Commerce, Superior University, Lahore, Pakistan.
Heliyon. 2024 Aug 28;10(17):e36642. doi: 10.1016/j.heliyon.2024.e36642. eCollection 2024 Sep 15.
In the contemporary landscape, sustainable development became major challenge for the economy which is tackled if environmental issues are resolved. In this regard, this study investigate renewable energy, institutional quality, foreign direct investment (FDI), economic growth on environmental pollution in E-7 countries (Brazil, Russia, China, Indonesia, India, Mexico, and Turkey). Utilizing annual data from 2002 to 2023, selected the panel Nonlinear Autoregressive Distributed Lag (NARDL) after applying stationary process. The results depict that there is short and long run relationship among the selected variables, CO emissions exhibit an asymmetrical response to positive and negative shocks in exogenous variables. A one-percent change in FDI, GDP, IQ and EC reduce the carbon emission. Our research concludes with policy recommendation that prioritize priorities economic growth and environmental sustainability. To achieve a healthy environment and sustainable growth in the E7 countries, it is essential to strengthen institutional frameworks, encourage green investments, and foster technical innovation.
在当代背景下，可持续发展成为经济面临的重大挑战，只有解决环境问题才能应对这一挑战。在这方面，本研究考察了可再生能源、制度质量、外国直接投资（FDI）、经济增长对E-7国家（巴西、俄罗斯、中国、印度尼西亚、印度、墨西哥和土耳其）环境污染的影响。利用2002年至2023年的年度数据，在应用平稳性检验后选择了面板非线性自回归分布滞后（NARDL）模型。结果表明，所选变量之间存在短期和长期关系，碳排放对外生变量的正向和负向冲击表现出不对称反应。外国直接投资、国内生产总值、制度质量和能源消费每变化1%，碳排放就会减少。我们的研究最后提出了政策建议，即优先考虑经济增长和环境可持续性。为了在E7国家实现健康的环境和可持续增长，加强制度框架、鼓励绿色投资和促进技术创新至关重要。
