Factors affecting carbon emissons in the G7 and BRICS countries: Evidence from quantile regression

© Springer Nature Switzerland AG 2019. Over the last three decades, the relationship between growth, foreign direct investment and carbon emissions has become an important issue among environmental economists. The target of this study is to investigate the impact of economic growth and foreign direc...

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Main Authors: Yefan Zhou, Jirakom Sirisrisakulchai, Jianxu Liu, Songsak Sriboonchitta
Format: Book Series
Published: 2019
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http://cmuir.cmu.ac.th/jspui/handle/6653943832/65547
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Institution: Chiang Mai University
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spelling th-cmuir.6653943832-655472019-08-05T04:39:47Z Factors affecting carbon emissons in the G7 and BRICS countries: Evidence from quantile regression Yefan Zhou Jirakom Sirisrisakulchai Jianxu Liu Songsak Sriboonchitta Computer Science Mathematics © Springer Nature Switzerland AG 2019. Over the last three decades, the relationship between growth, foreign direct investment and carbon emissions has become an important issue among environmental economists. The target of this study is to investigate the impact of economic growth and foreign direct investment on carbon emissions in order to provide environmental improvement suggestions. This study tests the validity of the Environmental Kuznets Curve (EKC) hypothesis, including G7 countries (Canada, United State, United Kingdom, Japan, France, Germany, Italy) and BRICS countries (Brazil, Russia, India, China and South Africa) for the period of 1992–2014. We adopt a panel quantile regression model that takes unobserved individual heterogeneity and distributional heterogeneity into consideration. Moreover, to avoid an omitted variable bias, certain related control variables are included in our model. Firstly, our empirical results show that the effect of the independent variables on carbon emissions is heterogeneous across quantiles. Secondly, regarding the impact of FDI on carbon emissions, we find that these results support the pollution halo theory in G7 countries and support the pollution haven hypothesis in BRICS countries. Thirdly, the empirical findings are in support of inverted U-shaped curve of EKC in G7 countries. Finally, the results of the study also provide policymakers with important policy recommendations. In addition, our findings suggest carbon emissions control measures should be tailored differently across low-emissions and high-emissions nations. 2019-08-05T04:35:13Z 2019-08-05T04:35:13Z 2019-01-01 Book Series 16113349 03029743 2-s2.0-85064196501 10.1007/978-3-030-14815-7_34 https://www.scopus.com/inward/record.uri?partnerID=HzOxMe3b&scp=85064196501&origin=inward http://cmuir.cmu.ac.th/jspui/handle/6653943832/65547
institution Chiang Mai University
building Chiang Mai University Library
country Thailand
collection CMU Intellectual Repository
topic Computer Science
Mathematics
spellingShingle Computer Science
Mathematics
Yefan Zhou
Jirakom Sirisrisakulchai
Jianxu Liu
Songsak Sriboonchitta
Factors affecting carbon emissons in the G7 and BRICS countries: Evidence from quantile regression
description © Springer Nature Switzerland AG 2019. Over the last three decades, the relationship between growth, foreign direct investment and carbon emissions has become an important issue among environmental economists. The target of this study is to investigate the impact of economic growth and foreign direct investment on carbon emissions in order to provide environmental improvement suggestions. This study tests the validity of the Environmental Kuznets Curve (EKC) hypothesis, including G7 countries (Canada, United State, United Kingdom, Japan, France, Germany, Italy) and BRICS countries (Brazil, Russia, India, China and South Africa) for the period of 1992–2014. We adopt a panel quantile regression model that takes unobserved individual heterogeneity and distributional heterogeneity into consideration. Moreover, to avoid an omitted variable bias, certain related control variables are included in our model. Firstly, our empirical results show that the effect of the independent variables on carbon emissions is heterogeneous across quantiles. Secondly, regarding the impact of FDI on carbon emissions, we find that these results support the pollution halo theory in G7 countries and support the pollution haven hypothesis in BRICS countries. Thirdly, the empirical findings are in support of inverted U-shaped curve of EKC in G7 countries. Finally, the results of the study also provide policymakers with important policy recommendations. In addition, our findings suggest carbon emissions control measures should be tailored differently across low-emissions and high-emissions nations.
format Book Series
author Yefan Zhou
Jirakom Sirisrisakulchai
Jianxu Liu
Songsak Sriboonchitta
author_facet Yefan Zhou
Jirakom Sirisrisakulchai
Jianxu Liu
Songsak Sriboonchitta
author_sort Yefan Zhou
title Factors affecting carbon emissons in the G7 and BRICS countries: Evidence from quantile regression
title_short Factors affecting carbon emissons in the G7 and BRICS countries: Evidence from quantile regression
title_full Factors affecting carbon emissons in the G7 and BRICS countries: Evidence from quantile regression
title_fullStr Factors affecting carbon emissons in the G7 and BRICS countries: Evidence from quantile regression
title_full_unstemmed Factors affecting carbon emissons in the G7 and BRICS countries: Evidence from quantile regression
title_sort factors affecting carbon emissons in the g7 and brics countries: evidence from quantile regression
publishDate 2019
url https://www.scopus.com/inward/record.uri?partnerID=HzOxMe3b&scp=85064196501&origin=inward
http://cmuir.cmu.ac.th/jspui/handle/6653943832/65547
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