Rule of Law, Control of Corruption and CO2 Emissions in Pakistan

Haider Mahmood, Shafiqul Hassan, Muhammad Tanveer and Maham Furqan
Additional contact information
Haider Mahmood: Associate Professor, Department of Finance, College of Business Administration, Prince Sattam Bin Abdulaziz University, 173 Alkharj 11942, Saudi Arabia.
Shafiqul Hassan: College of Law, Prince Sultan University, Riyadh, Saudi Arabia
Muhammad Tanveer: Prince Sultan University, Rafah Street 11586, Riyadh, Saudi Arabia
Maham Furqan: School of Public Policy, Oregon State University, Corvallis, OR 97331, USA

International Journal of Energy Economics and Policy, 2022, vol. 12, issue 4, 72-77

Abstract: The rule of law (ROL) and control of corruption (COC) would play an effective role in managing CO2 emissions in Pakistan. The present research has explored this issue in Pakistan controlling economic growth during 1996-2019. Further, the unit root and cointegration tests are used. We found the long and short-run relationships in the model. Economic growth has a positive effect on CO2 emissions. The ROL could not impact in the long run and negatively impacts in the short run. Hence, improving law and order conditions would reduce CO2 emissions in the short run, and further improvements in the ROL could have pleasant long-run environmental effects. The COC has a positive impact on CO2 emissions in the long run. However, the short-run effects of COC with first and second lags are found negative.

Keywords: The rule of law; control of corruption; economic growth; CO2 emissions (search for similar items in EconPapers)
JEL-codes: E02 O43 Q53 (search for similar items in EconPapers)
Date: 2022
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (2)

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Persistent link: https://EconPapers.repec.org/RePEc:eco:journ2:2022-04-10

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