The spillover of financial development on CO2 emission: A spatial econometric analysis of Asia-Pacific countries

نویسندگان

چکیده

The consequences of spatial association CO2 determinants are discussed in this analysis, considering pollution control's significance. Six financial growth metrics were analyzed using data from 31 Asia-Pacific countries 2000 to 2018. econometric models used paper, a novel contribution, make it possible study comprehensively the direct and spillover effects development on emissions regionally. presence Durbin model was verified by diagnostic testing. findings demonstrate that logarithm GDP per capita, trade openness, urbanization, energy intensity have beneficial essential emissions. efficacy components assessed for various models. lack consideration economic boost quality, based findings, contributes skewed estimates negligible coefficients. ultimate results illuminate all six becoming relevant stimulate an increase emissions, while their adverse as quality is increased. analysis influences illustrates importance adjacent countries' country's overall suggest demand neighboring increase, decrease.

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ژورنال

عنوان ژورنال: Renewable & Sustainable Energy Reviews

سال: 2021

ISSN: ['1879-0690', '1364-0321']

DOI: https://doi.org/10.1016/j.rser.2021.111110