Towards Environmental Sustainability in China: Role of Globalization and Hydroelectricity Consumption
Rahmi Deniz Özbay,
Seyed Alireza Athari,
Chafic Saliba and
Dervis Kirikkaleli
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Rahmi Deniz Özbay: Department of Economics, Faculty of Business, İstanbul Commerce University, Istanbul 34445, Beyoğlu, Turkey
Seyed Alireza Athari: Department of Business Administration, Faculty of Economics and Administrative Sciences, Cyprus International University, Nicosia 99258, Northern Cyprus, Turkey
Chafic Saliba: School of Business, Lebanese International University, Beirut 146404, Lebanon
Sustainability, 2022, vol. 14, issue 7, 1-15
Abstract:
Countries encounter conflicting policy options in reaching fast development goals due to high resource use, rapid economic expansion, and environmental degradation. Thus, the present research examined the connection between CO 2 emissions and urbanization, globalization, hydroelectricity, and economic expansion in China utilizing data spanning the period between 1985 and 2018. The novel quantile-on-quantile (QQ) and quantile regression (QR) approaches were applied to assess this interconnection. The QQ approach is characterized by its ability to incorporate quantile regression fundamentals and non-parametric estimation research. As a result, the method appears to transform the quantile of one parameter into another. The QQ outcomes revealed that in all quantiles (0.1–0.95), gross domestic product (GDP), urbanization, and globalization trigger CO 2 emissions in China, while in each quantile (0.1–0.985), hydroelectricity consumption mitigates CO 2 emissions. The QR outcomes also affirmed the outcomes of the QQ regression estimates. Policies are suggested based on these findings.
Keywords: economic growth; CO 2 emissions; urbanization; hydroelectricity consumption; China (search for similar items in EconPapers)
JEL-codes: O13 Q Q0 Q2 Q3 Q5 Q56 (search for similar items in EconPapers)
Date: 2022
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Citations: View citations in EconPapers (6)
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Persistent link: https://EconPapers.repec.org/RePEc:gam:jsusta:v:14:y:2022:i:7:p:4182-:d:784540
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