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  Citation Number 2
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The Impact of Investment, Economic Growth, Renewable Energy, Urbanisation, and Tourism on Carbon Emissions: Global Evidence
2023
Journal:  
International Journal of Energy Economics and Policy
Author:  
Abstract:

Abstract Examining urbanisation and tourism from the perspective of global Sustainable Development Goals is essential for achievinga balance between environmental protection and economic growth in the world's most polluted nations. Moreover, most polluted countries pay more attention to the nature of foreign direct investment (FDI) inflows to achieve a sustainableenvironment. This study intends to explore the impacts of FDI, tourism, urbanization, and economic growth on carbon dioxide emissions using panel data for the top ten most polluted nations for the period from 2000 to 2019. To guide empirical testing,the panel unit root tests LLC and IPS are used. The outcomes of LLC and IPS advise FM-OLS application on how to accomplish the goals. The findings provide proof of how FDI and other factors affect carbon emissions (CE). Particularly, renewable energy consumption (REC) has a detrimental but minor effect on CE. For the panel of developing nations, FDI had a favourable and significant effect on CE along with economic growth, tourism, and urbanization. The expansion of cities isalso harming nature and ecological footprints. These findings are alarming as all factors cause CE under consideration thatleads to the deterioration of the environment. Therefore, more environmental rules should be put into place to reduce CE, draw in clean FDI, and encourage quality-oriented investment in selected nations. Second, it is important to ensure the deployment of green technology and the upgrading of urbanized structures. The government can take several actions against the use of polluting goods and vehicles in urban areas, and any polluting industries should also be outlawed in such residential areas. Downloads Download data is not yet available. Downloads FULL TEXT Published 2023-01-22 How to Cite Kayani, U. N., Sadiq, M., Aysan, A. F., Haider, S. A., & Nasim, I. (2023). The Impact of Investment, Economic Growth, Renewable Energy, Urbanisation, and Tourism on Carbon Emissions: Global Evidence . International Journal of Energy Economics and Policy, 13(1), 403–412. https://doi.org/10.32479/ijeep.14042 More Citation Formats ACM ACS APA ABNT Chicago Harvard IEEE MLA Turabian Vancouver Download Citation Endnote/Zotero/Mendeley (RIS) BibTeX Issue Vol. 13 No. 1 (2023) Section Articles License Submission of an article implies that the work described has not been published previously , that it is not under consideration for publication elsewhere, that its publication is approved by all authors and tacitly or explicitly by the responsible authorities where the work was carried out, and that, if accepted, will not be published elsewhere in the same form, without the written consent of the Publisher. The Editors reserve the right to edit or otherwise alter all contributions, but authors will receive proofs for approval before publication. Most read articles by the same author(s) Umar Nawaz Kayani, Ahmet Faruk Aysan, Umer Iqbal, Muhammad Arif, Ijaz Ur Rehman, Foreign Direct Investment Settlement, Novel Energy Methods and CO2 Emissions: Evidence From United Arab Emirates , International Journal of Energy Economics and Policy: Vol. 12 No. 6 (2022) Farrukh Nawaz Kayani, Misbah Sadiq, Analyzing the Impact of Inward FDI and Economic Growth on CO2 Emissions of Ukraine , International Journal of Energy Economics and Policy: Vol. 12 No. 5 (2022) Umar Nawaz Kayani, Misbah Sadiq, Mustafa Raza Rabbani, Ahmet Faruk Aysan, Farrukh Nawaz Kayani, Examining the Relationship between Economic Growth, Financial Development, and Carbon Emissions: A Review of the Literature and Scientometric Analysis , International Journal of Energy Economics and Policy: Vol. 13 No. 2 (2023) Make a Submission Make a Submission Dergi Kapağı

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International Journal of Energy Economics and Policy

Field :   Sosyal, Beşeri ve İdari Bilimler

Journal Type :   Uluslararası

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Article : 2.578
Cite : 3.977
2023 Impact : 0.22
International Journal of Energy Economics and Policy