Stock markets dynamics and environmental pollution: emerging issues and policy options in Asia

The fact is the stock market has an asymmetric effect on macroeconomic variables. In this study, we examine nonlinear reaction to environment. This first study that considers possibility of effects environmental pollution in Asia. experiences Asia economies by using panel NARDL methodology over data period from 1995 2019. long-run results showed positive change increases carbon emissions. adverse, negative significantly mitigates emissions short-run continued into environment Thus, policymakers and authorities should initiate promote green financial activities Asian markets.