Nexus between economic growth, natural resources rents, trade globalization, financial development, and carbon emissions toward environmental sustainability in Uruguay
نویسندگان
چکیده
There have been variances in environmental quality as the globe continues to become a globalized society, however, research including trade globalization into policy framework remains inconclusive. Using Uruguayan time series dataset between 1990 and 2020, this study investigated impact of economic growth, natural resource rents, globalization, financial development on carbon dioxide (CO2) emissions. an Autoregressive Distributed Lag (ARDL) model, inquiry quantifies short- long-run dynamics. The results ARDL bounds test indicate long-term relationship emissions these variables. Additionally, short-and analyses demonstrated positive statistically significant effect Uruguay's CO2 However, both short-run coefficients are negative, indicating that has no deterioration Uruguay. Furthermore, by using Fully Modified Ordinary Least Squares (FMOLS), Dynamic (DOLS), Canonical Cointegration Regression (CCR), findings were confirmed. Based study, it is recommended international regulations be reevaluated export limitations for goods with high levels pollution strengthened.
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ژورنال
عنوان ژورنال: Electronic Journal of Education, Social Economics and Technology
سال: 2023
ISSN: ['2723-6250']
DOI: https://doi.org/10.33122/ejeset.v4i2.102