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Stock markets dynamics and environmental pollution: emerging issues and policy options in Asia.
Meza, Carlos Samuel Ramos; Kashif, Maryam; Jain, Vipin; Guerrero, John William Grimaldo; Roopchund, Randhir; Niedbala, Gniewko; Phan The, Cong.
Afiliação
  • Meza CSR; Centrum Pontificia Universidad Catolica, Lima, Peru.
  • Kashif M; Department of Management Sciences, COMSATS Attock Campus, Attock, Pakistan.
  • Jain V; Teerthankar Mahaveer University, Moradabad, Uttar Pradesh, India.
  • Guerrero JWG; Department of Energy, Universidad de la Costa, Barranquilla, Colombia.
  • Roopchund R; Université des Mascareignes, Beau Bassin-Rose Hill, Mauritius.
  • Niedbala G; Department of Biosystems Engineering, Poznan University of Life Sciences, Wojska Polskiego 50, 60-627, Poznan, Poland.
  • Phan The C; Thuongmai University, Hanoi, Vietnam. congpt@tmu.edu.vn.
Environ Sci Pollut Res Int ; 28(43): 61801-61810, 2021 Nov.
Article em En | MEDLINE | ID: mdl-34185275
The fact is the stock market has an asymmetric effect on macroeconomic variables. In this study, we examine the nonlinear stock market reaction to the environment. This is the first study that considers the possibility of asymmetric effects of stock market on environmental pollution in Asia. This study considers the experiences of Asia economies by using the panel NARDL methodology over the data period from 1995 to 2019. The long-run panel NARDL results showed that the positive change in stock market increases carbon emissions. In adverse, the negative change in stock market significantly mitigates the carbon emissions in Asia. The short-run stock market asymmetric effects continued into the long-run asymmetric effects on the environment in Asia. Thus, policymakers and authorities should initiate to promote green financial activities in Asian stock markets.
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Texto completo: 1 Base de dados: MEDLINE Assunto principal: Dióxido de Carbono / Desenvolvimento Econômico Idioma: En Ano de publicação: 2021 Tipo de documento: Article

Texto completo: 1 Base de dados: MEDLINE Assunto principal: Dióxido de Carbono / Desenvolvimento Econômico Idioma: En Ano de publicação: 2021 Tipo de documento: Article