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The impact of technological innovation and financial development on environmental pollution in gulf cooperation council - A linear and nonlinear ARDL approach.
Aloqab, Abdullah; Hu, Wen; Al-Sharafi, Mohammed; Al-Barakani, Abdo; Elayah, Wahib; Munir, Shahid.
Afiliación
  • Aloqab A; School of Economics and Trade, Hunan University, Changsha, Hunan Province, 410079, China.
  • Hu W; School of Economics and Trade, Hunan University, Changsha, Hunan Province, 410079, China.
  • Al-Sharafi M; School of Business Administration, Hunan University, Changsha, China.
  • Al-Barakani A; School of Cross-Border Business, Chongqing College of International Business and Economics, Hechuan, Chongqing Municipality, China.
  • Elayah W; School of Economics and Trade, Hunan University, Changsha, Hunan Province, 410079, China.
  • Munir S; Department of Economics, Government Postgraduate College Kohat KP, Kohat, Pakistan. shahidmunirshahid@gmail.com.
Environ Sci Pollut Res Int ; 30(53): 114294-114309, 2023 Nov.
Article en En | MEDLINE | ID: mdl-37861836
Gulf Cooperation Council (GCC) countries are highly vulnerable to climate change, including rising sea levels, extreme weather, and other environmental and social issues. GCC countries showed remarkable economic growth and development. However, this growth and development put severe pressure on the environment, leading to the degradation of the Environment. Therefore, it is essential to investigate essential factors of environmental degradation, such as technological innovation and financial development. However, per capita income and energy consumption are also crucial factors of environmental degradation. Henceforth, the study carried out panel data from 2001 to 2019 to examine the influence of technological innovation, financial development, energy consumption, and per capita income on environmental degradation in GCC. After conducting necessary preliminary tests, the study employed a symmetric and asymmetric ARDL approach to quantify the numerical estimates. Both symmetric and asymmetric models show that technological innovation reduces environmental degradation, while energy consumption, per capita, and financial development expedite the ecological deterioration in GCC. The Wald tests demonstrate the asymmetric relationship between technological innovation, energy consumption, financial development, and environmental degradation. However, the study fails to find a significant asymmetric relationship between per capita and ecological degradation. The recommendations are added in the recommendation part of the paper.
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Texto completo: 1 Colección: 01-internacional Base de datos: MEDLINE Asunto principal: Dióxido de Carbono / Invenciones Idioma: En Revista: Environ Sci Pollut Res Int Asunto de la revista: SAUDE AMBIENTAL / TOXICOLOGIA Año: 2023 Tipo del documento: Article País de afiliación: China Pais de publicación: Alemania
Texto completo
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Texto completo: 1 Colección: 01-internacional Base de datos: MEDLINE Asunto principal: Dióxido de Carbono / Invenciones Idioma: En Revista: Environ Sci Pollut Res Int Asunto de la revista: SAUDE AMBIENTAL / TOXICOLOGIA Año: 2023 Tipo del documento: Article País de afiliación: China Pais de publicación: Alemania