Investigation on the role of economic, social and political globalization on environment: Evidence from CEECs
Mehmet Destek
MPRA Paper from University Library of Munich, Germany
Abstract:
This study aims to investigate the impact of different dimensions of globalization (i.e. overall globalization index, economic globalization index, social globalization index and political globalization index) on environmental pollution by incorporating the real gross domestic product and energy consumption in Central and Eastern European Countries (CEECs). In doing so, the annual period from 1995 to 2015 is examined with second generation panel data methodologies to consider the possible cross-sectional dependence among observed countries. The findings show that increasing overall globalization, economic globalization and social globalization increases the carbon emissions while increasing political globalization reduces the environmental pollution. In addition, it is also found that Environmental Kuznets Curve (EKC) hypothesis is confirmed.
Keywords: Globalization; Carbon emissions; EKC hypothesis; CEECs (search for similar items in EconPapers)
JEL-codes: Q51 Q56 (search for similar items in EconPapers)
Date: 2019-01-04
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Citations: View citations in EconPapers (13)
Published in Environmental Science and Pollution Research 27 (2019): pp. 33601-33614
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Persistent link: https://EconPapers.repec.org/RePEc:pra:mprapa:106937
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