Nội dung được dịch bởi AI, chỉ mang tính chất tham khảo
Kiểm soát ô nhiễm tại châu Phi: sự tương tác giữa hội nhập tài chính và công nghiệp hóa
Tóm tắt
Chúng tôi sử dụng phương pháp ước lượng nhóm trung bình tập hợp và nguyên lý nguyên nhân trong bảng để điều tra tác động của hội nhập tài chính và phát triển công nghiệp đối với ô nhiễm tại 36 quốc gia châu Phi trong khoảng thời gian từ năm 1990 đến 2019. Kết quả cho thấy có nguyên nhân đơn chiều từ phát triển công nghiệp đến hội nhập tài chính và ô nhiễm ở châu Phi. Ngoài ra, hồi quy bảng cho thấy hội nhập tài chính không có ảnh hưởng đáng kể đến sự giảm ô nhiễm trong ngắn hạn, nhưng lại làm trầm trọng thêm ô nhiễm trong dài hạn trên lục địa này. Hơn nữa, kết quả cũng chỉ ra rằng phát triển công nghiệp không làm gia tăng ô nhiễm một cách đáng kể trong cả hai giai đoạn, trong khi sự tương tác giữa hội nhập tài chính và phát triển công nghiệp có tác động tiêu cực đến ô nhiễm trong cả ngắn hạn và dài hạn ở châu Phi. Nghiên cứu khuyến nghị rằng các nhà lãnh đạo châu Phi nên khai thác lợi ích của hội nhập tài chính để thúc đẩy phát triển công nghiệp châu Phi và đảm bảo thực hiện đầy đủ các chính sách bền vững về môi trường nhằm kiểm soát lượng ô nhiễm.
Từ khóa
#hội nhập tài chính #phát triển công nghiệp #ô nhiễm #châu Phi #nguyên nhân đơn chiềuTài liệu tham khảo
Abid M (2017) Does economic, financial and institutional developments matter for environmental quality? A comparative analysis of EU and MEA countries. J Environ Manag 188:183–194
Alenoghena RO, Enakali-Osoba C, Mesagan PE (2014) Financial deepening and performance of the Nigerian capital market: empirical evidence. Global Journal of Commerce and Management Perspective 3(4):142–151
Al-Mulali U, Sab CNBC (2012) The impact of energy consumption and CO2 emission on the economic growth and financial development in the Sub Saharan African countries. Energy 39(1):180–186
Al-Mulali U, Ozturk I, Lean HH (2015) The influence of economic growth, urbanization, trade openness, financial development, and renewable energy on pollution in Europe. Nat Hazards 79(1):621–644
Andreoni J, Levinson A (2001) The simple analytics of the environmental Kuznets curve. J Public Econ 80(2):269–286
Bekabil UT (2020) Industrialization and environmental pollution in Africa: an empirical review. J Res Develop Manag 69:18–21
Breitung J (2001) The local power of some unit root tests for panel data. In: Nonstationary panels, panel cointegration, and dynamic panels. Emerald Group Publishing Limited, pp 161–177
Brunekreef B, Holgate ST (2002) Air pollution and health. Lancet 360(9341):1233–1242
Christensen BV (2011) Have monetary transmission mechanisms in Africa changed?. CH-4002 Basel, Switzerland, 37.BIS Papers, no 56, www.bis.org/publ/bppdf/bispap56.htm. Accessed 25 May 2021
Dasgupta S, Laplante B, Mamingi N (2001) Pollution and capital markets in developing countries. J Environ Econ Manag 42(3):310–335
Dogan E, Seker F (2016) The influence of real output, renewable and non-renewable energy, trade and financial development on carbon emissions in the top renewable energy countries. Renew Sust Energ Rev 60:1074–1085
Eregha PB, Mesagan EP (2020) Oil resources, deficit financing and per capita GDP growth in selected oil-rich African nations: a dynamic heterogeneous panel approach. Res Policy 66:101615
Frankel JA, Romer D (1999) Does trade cause growth? Am Econ Rev 89(3):379–399
Gokmenoglu K, Ozatac N, Eren BM (2015) Relationship between industrial production, financial development and carbon emissions: the case of Turkey. Procedia Economics and Finance 25:463–470
Im KS, Pesaran MH, Shin Y (2003) Testing for unit roots in heterogeneous panels. J Econ 115(1):53–74
Jalil A, Feridun M (2011) The impact of growth, energy and financial development on the environment in China: a cointegration analysis. Energy Econ 33(2):284–291
Ju J, Wei SJ (2010) Domestic institutions and the bypass effect of financial globalization. Am Econ J Econ Pol 2(4):173–204
Kahia M, Jebli MB (2021) Industrial growth, clean energy generation, and pollution: evidence from top ten industrial countries. Environmental Science and Pollution Research, 1-10. 10.1007/s11356-021-15311-5
Kahouli B (2017) The short and long-run causality relationship among economic growth, energy consumption and financial development: evidence from South Mediterranean Countries (SMCs). Energy Econ 68:19–30
Katsouyanni K (2003) Ambient air pollution and health. Br Med Bull 68(1):143–156
Kelly DL (2003) On environmental Kuznets curves arising from stock externalities. J Econ Dyn Control 27:1367–1390
Khan AQ, Saleem N, Fatima ST (2018) Financial development, income inequality, and CO2 emissions in Asian countries using STIRPAT model. Environ Sci Pollut Res 25(7):6308–6319
Kifle T (2008) Africa hit hardest by Global Warming despite its low Greenhouse Gas Emissions. Institut für Weltwirtschaft und Internationales Management, Universität Bremen
Kuo CY, Lee HS, Lai JH (2006) Emission of polycyclic aromatic hydrocarbons and lead during Chinese mid-autumn festival. Sci. Total Environ. 366
Levin A, Lin CF, Chu CSJ (2002) Unit root tests in panel data: asymptotic and finite-sample properties. J Econ 108(1):1–24
Li D, Zhao Y, Sun Y, Yin D (2017) Corporate environmental performance, environmental information disclosure, and financial performance: evidence from China. Human and Ecological Risk Assessment: An International Journal 23(2):323–339
Maji IK, Habibullah MS, Saari MY (2017) Financial development and sectoral CO2 emissions in Malaysia. Environ Sci Pollut Res 24(8):7160–7176
Mesagan EP (2021) Efficiency of financial integration, foreign direct investment and output growth: policy options for pollution abatement in Africa. Economic Issues 26(1):1–19
Mesagan EP, Ajide KB, Vo XV (2021a) Dynamic heterogeneous analysis of pollution reduction in SANEM countries: lessons from the energy-investment interaction. Environ Sci Pollut Res 28(5):5417–5429
Mesagan EP, Akinyemi AK, Yusuf IA (2021b) Financial integration and pollution in Africa: the role of output growth and foreign direct investment. International Journal of Big Data Mining for Global Warming 3(1):1–21
Mesagan EP, Isola WA, Ajide KB (2019) The capital investment channel of environmental improvement: evidence from BRICS. Environ Dev Sustain 21(4):1561–1582
Mesagan EP, Nwachukwu MI (2018) Determinants of Environmental Quality in Nigeria: Assessing the Role of Financial Development. Econometric Research in Finance 3(1):55–78
Mesagan EP, Olunkwa CN (2022) Heterogeneous analysis of energy consumption, financial development, and pollution in Africa: the relevance of regulatory quality. Util Policy 74:101328
Mesagan EP, Olunkwa NC, Yusuf IA (2018) Financial Development and Manufacturing Performance: The Nigerian Case. J Bus Econ Manag 13(1):97–111
Mesagan PE, Adeniji-Ilori OM (2018) Household environmental factors and childhood morbidity in South-Western Nigeria. Fudan Journal of the Humanities and Social Sciences 11(3):411–425
Nasreen S, Anwar S, Ozturk I (2017) Financial stability, energy consumption and environmental quality: evidence from South Asian economies. Renew Sust Energ Rev 67:1105–1122
Nguyen CP, Schinckus C, Dinh S, T. (2020) Economic integration and CO2 emissions: evidence from emerging economies. Clim Dev 12(4):369–384
Nkonya E, Mirzabaev A, Von Braun J (2016) Economics of land degradation and improvement: a global assessment for sustainable development. Springer Open. 10.1007/978-3-319-19168-3
Olunkwa CN, Adenuga JI, Salaudeen MB, Mesagan EP (2021) The Demographic Effects of Covid-19: Any Hope for Working Populations? BizEcons Quarterly 15(1):3–12
Osada M, Saito M (2010) Financial integration and economic growth: An empirical analysis using international panel data from 1974-2007. Research and Statistics Department, Bank of Japan 22(6):1–24
Pesaran MH, Shin Y, Smith RP (1999) Pooled mean group estimation of dynamic heterogeneous panels. J Am Stat Assoc 94(446):621–634
Sadorsky P (2010) The impact of financial development on energy consumption in emerging economies. Energy policy 38(5):2528–2535
Saud S, Chen S, Haseeb A, Khan K, Imran M (2019) The nexus between financial development, income level, and environment in Central and Eastern European Countries: a perspective on Belt and Road Initiative. Environmental Science and Pollution Research, 10.1007/s11356-019-05004-5. Article in press
Schell LM, Gallo MV, Denham M, Ravenscroft J (2006) Effects of pollution on human growth and development: an introduction. J Physiol Anthropol 25(1):103–112
Shahbaz M, Hye QMA, Tiwari AK, Leitão NC (2013) Economic growth, energy consumption, financial development, international trade and CO2 emissions in Indonesia. Renew Sust Energ Rev 25:109–121
Stolyarova E (2009) Carbon dioxide emissions, economic growth and energy mix: empirical evidence from 93 countries. Climate Economics Chair Paris-Dauphine University.
Tachega MA, Yao X, Liu Y, Ahmed D, Ackaah W, Gabir M, Gyimah J (2021) Income heterogeneity and the environmental kuznets curve turning points: evidence from Africa. Sustainability 13(10):5634
Thanh PN, Phuong ND, Ngoc BH (2019) Economic integration and environmental pollution nexus in ASEAN: A PMG Approach. In: International Econometric Conference of Vietnam. Springer, Cham, pp 427–439
Wang S, Li Q, Fang C, Zhou C (2016) The relationship between economic growth, energy consumption, and CO2 emissions: empirical evidence from China. Sci Total Environ 542:360–371
World Development Indicators (2021). The World Bank Data Bank. Available online at: https://databank.worldbank.org/source/world-development-indicators. Accessed 11th September 2021.
Zhang YJ (2011) The impact of financial development on carbon emissions: an empirical analysis in China. Energy Policy 39(4):2197–2203
Zhang XP, Cheng XM (2009) Energy consumption, carbon emissions, and economic growth in China. Ecol Econ 68(10):2706–2712
Zheng J, Mi Z, Coffman DM, Milcheva S, Shan Y, Guan D, Wang S (2019) Regional development and carbon emissions in China. Energy Econ 81:25–36