Analyzing the Role of Political Risk, GDP, and Eco-Innovations Towards CO2 Emissions in South Asian Countries

Usman Mehmood ()
Additional contact information
Usman Mehmood: University of Management and Technology

Journal of the Knowledge Economy, 2024, vol. 15, issue 1, No 85, 2135 pages

Abstract: Abstract This research work estimates the impacts of political risk towards carbon emissions while incorporating the role of technological innovations, financial development, economic growth, and trade, in panel data of Pakistan, India, Bangladesh, and Sri Lanka. In doing so, the yearly data of 1984–2017 is analyzed by adopting an advanced econometric method of the cross-sectional autoregressive distributed lag (CS-ARDL) approach. The Westerlund co-integration test confirms the strong association among the variables, and the results of CS-ARDL show that innovations, economic growth, and trade are not environmentally friendly in South Asian countries. Furthermore, financial development and a stable political environment are important to achieve carbon neutrality in developing South Asian countries. This work diverts the attention of policymakers in making a stable political environment. This will improve the environmental quality and save these countries from future drastic climatic variability.

Keywords: Carbon emissions; political risk; South Asian countries; Financial development; CS-ARDL (search for similar items in EconPapers)
Date: 2024
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1)

Downloads: (external link)
http://link.springer.com/10.1007/s13132-023-01292-y Abstract (text/html)
Access to the full text of the articles in this series is restricted.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:spr:jknowl:v:15:y:2024:i:1:d:10.1007_s13132-023-01292-y

Ordering information: This journal article can be ordered from
http://www.springer.com/economics/journal/13132

DOI: 10.1007/s13132-023-01292-y

Access Statistics for this article

Journal of the Knowledge Economy is currently edited by Elias G. Carayannis

More articles in Journal of the Knowledge Economy from Springer, Portland International Center for Management of Engineering and Technology (PICMET)
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().