Publication:
"Nexus of Globalization and Environmental Quality: Investigating Heterogeneous Effects through Quantile Regression Analysis "
"Nexus of Globalization and Environmental Quality: Investigating Heterogeneous Effects through Quantile Regression Analysis "
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Date
2023
Authors
Tran Thai Ha Nguyen, Thi Anh Le, Thang Le Dinh, Thi Ha An Pham, Gia Quyen Phan, Tu My Vuu. Ha Manh Bui.
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Research Projects
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Abstract
"This study examines the effects of globalization on environmental quality, explicitly focusing on the
scale, technique, and composition aspects proposed by KOF Swiss Economic Institute. A large sample
of 115 developed and developing countries is analyzed to understand how different dimensions of
globalization impact environmental degradation at various levels, using the quantile regression method.
The results indicate that globalization has a positive effect on emissions at lower and middle quantiles,
but at the upper quantiles, the effect becomes negative, based on the distribution of CO2
per capita
(CO2PC). Additionally, each dimension of globalization has its influence on emissions: (i) Renewable
energy consumption significantly negatively impacts environmental quality across most percentiles,
except for the 90th percentile. (ii) Foreign direct investment inflows positively affect environmental
quality at lower quantiles but negatively at higher quantiles. (iii) Urbanization initially correlates
negatively with environmental degradation at the 50th percentile, but this relationship turns positive at
the 75th percentile. Overall, globalization benefits countries facing environmental degradation seriously,
while countries maintaining a high quality environment have not benefited much from globalization.
These findings offer valuable insights for policymakers in developing effective environmental policies
considering diverse economic and environmental conditions across countries"
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Keywords
"globalization,
quantile regression,
renewable energy,
urbanization,
foreign direct investment,
scale effect,
technique effect,
composition effect"