Revisiting the environmental Kuznets curve: assessing the impact of climate policy uncertainty in the Belt and Road Initiative.
Environ Sci Pollut Res Int
; 31(7): 10579-10593, 2024 Feb.
Article
em En
| MEDLINE
| ID: mdl-38198084
ABSTRACT
Climate change repercussions such as temperature shifts and more severe weather occurrences are felt globally. It contributes to larger-scale challenges, such as climate change and biodiversity loss in food production. As a result, the purpose of this research is to develop strategies to grow the economy without harming the environment. Therefore, we revisit the environmental Kuznets curve (EKC) hypothesis, considering the impact of climate policy uncertainty along with other control variables. We investigated yearly panel data from 47 Belt and Road Initiative (BRI) nations from 1998 to 2021. Pooled regression, fixed effect, and the generalized method of moment (GMM) findings all confirmed the presence of inverted U-shaped EKC in BRI counties. Findings from this paper provide policymakers with actionable ideas, outlining a framework for bringing trade and climate agendas into harmony in BRI countries. The best way to promote economic growth and reduce carbon dioxide emissions is to push for trade and climate policies to be coordinated. Moreover, improving institutional quality is essential for strong environmental governance, as it facilitates the adoption of environmentally friendly industrialization techniques and the efficient administration of climate policy uncertainties.
Palavras-chave
Texto completo:
1
Temas:
ECOS
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Aspectos_gerais
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Estado_mercado_regulacao
Bases de dados:
MEDLINE
Assunto principal:
Conservação dos Recursos Naturais
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Política Ambiental
Idioma:
En
Revista:
Environ Sci Pollut Res Int
Assunto da revista:
SAUDE AMBIENTAL
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TOXICOLOGIA
Ano de publicação:
2024
Tipo de documento:
Article
País de afiliação:
China