260
Views
0
CrossRef citations to date
0
Altmetric
Research Article

Can environmental SDGs moderate trade and environment nexus? A South Asian context based on panel ARDL approach

ORCID Icon

References

  • Akaike, H. 1998. “Information Theory and an Extension of the Maximum Likelihood Principle.” In Springer Series in Statistics, edited by E. Parzen, K. Tanabe, and G. Kitagawa, 199–213. New York: Springer. doi:10.1007/978-1-4612-1694-0_15.
  • Arif, A., M. Sadiq, M. S. Shabbir, G. Yahya, A. Zamir, and L. B. Lopez. 2020. “The Role of Globalization in Financial Development, Trade Openness and Sustainable Environmental-Economic Growth: Evidence from Selected South Asian Economies.” Journal of Sustainable Finance & Investment 12 (4): 1027–1044. doi:10.1080/20430795.2020.1861865.
  • Ashraf, J., L. Luo, and M. K. Anser. 2021. “Do BRI Policy and Institutional Quality Influence Economic Growth and Environmental Quality? An Empirical Analysis from South Asian Countries Affiliated with the Belt and Road Initiative.” Environmental Science and Pollution Research 29 (6): 8438–8451. doi:10.1007/s11356-021-16330-y.
  • Bashir, M. F., B. Ma, W. Xia, U. Shahzad, and M. Radulescu. 2022. “Do Economic Openness and Institutional Quality Influence Environmental Patents? Empirical Evidence from South Asia.” Environmental Engineering and Management Journal 21 (1): 49–61. doi:10.30638/eemj.2022.005.
  • Baumol, W. J., and W. E. Oates. 1988. The Theory of Environmental Policy. Cambridge University Press. doi:10.1017/cbo9781139173513.
  • Bell, E., A. Bryman, and B. Harley. 2022. Business Research Methods. Oxford, UK: Oxford University Press.
  • Breusch, T. S., and A. R. Pagan. 1980. “The Lagrange Multiplier Test and Its Applications to Model Specification in Econometrics.” The Review of Economic Studies 47 (1): 239–253. doi:10.2307/2297111.
  • Chichilnisky, G. 1994. “North-South Trade and the Global Environment.” The American Economic Review 84 (4): 851–874.
  • Chishti, M. Z., S. Ullah, I. Ozturk, and A. Usman. 2020. “Examining the Asymmetric Effects of Globalization and Tourism on Pollution Emissions in South Asia.” Environmental Science and Pollution Research 27 (22): 27721–27737. doi:10.1007/s11356-020-09057-9.
  • Copeland, B. R., and M. S. Taylor. 1994. “North-South Trade and the Environment.” The Quarterly Journal of Economics 109 (3): 755–787. doi:10.2307/2118421.
  • Dou, Y., J. Zhao, M. N. Malik, and K. Dong. 2021. “Assessing the Impact of Trade Openness on CO2 Emissions: Evidence from China-Japan-ROK FTA Countries.” Journal of Environmental Management 296: 113241. doi:10.1016/j.jenvman.2021.113241.
  • Dumitrescu, E. -I., and C. Hurlin. 2012. “Testing for Granger Non-Causality in Heterogeneous Panels.” Economic Modelling 29 (4): 1450–1460. doi:10.1016/j.econmod.2012.02.014.
  • Durbin, J., and G. S. Watson. 1950. “Testing for Serial Correlation in Least Squares Regression: I.” Biometrika 37 (3/4): 409–428. doi:10.1093/biomet/37.3-4.409.
  • Engle, R., and C. Granger. 1987. “Cointegration and Error Correction: Representation, Estimation and Testing.” Econometrica 55 (2): 251–276. doi:10.2307/1913236.
  • Granger, C. W. J. 1969. “Investigating Causal Relations by Econometric Models and Cross-Spectral Methods.” Econometrica 37 (3): 424–438. doi:10.2307/1912791.
  • Greene, W. H. 2018. Econometric Analysis. London: Pearson.
  • Grossman, G. M., and A. B. Krueger.1991.“Environmental Impacts of a North American Free Trade Agreement.”National Bureau of Economics Research Working Paper 3914.CambridgeNBER.10.3386/w3914
  • Hausman, J. A. 1978. “Specification Tests in Econometrics.” Econometrica 46 (6): 1251–1271. doi:10.2307/1913827.
  • Hettige, H., M. Mani, and D. Wheeler. 2000. “Industrial Pollution in Economic Development: The Environmental Kuznets Curve Revisited.” Journal of Development Economics 62 (2): 445–476. doi:10.1016/s0304-3878(00)00092-4.
  • Johansen, S. 1988. “Statistical Analysis of Cointegration Vectors.” Journal of Economic Dynamics & Control 12 (2–3): 231–254. doi:10.1016/0165-1889(88)90041-3.
  • Johansen, S. 1991. “Estimation and Hypothesis Testing of Cointegration Vectors in Gaussian Vector Autoregressive Models.” Econometrica 59 (6): 1551–1580. doi:10.2307/2938278.
  • Khan, S. A. R., P. Ponce, and Z. Yu. 2021. “Technological Innovation and Environmental Taxes Toward a Carbon-Free Economy: An Empirical Study in the Context of COP-21.” Journal of Environmental Management 298: 113418. doi:10.1016/j.jenvman.2021.113418.
  • Khan, S. A. R., Z. Yu, and A. Sharif. 2021. “No Silver Bullet for De-Carbonization: Preparing for Tomorrow, Today.” Resources Policy 71: 101942. doi:10.1016/j.resourpol.2020.101942.
  • Levin, A., C. -F. Lin, and C. -S. James Chu. 2002. “Unit Root Tests in Panel Data: Asymptotic and Finite-Sample Properties.” Journal of Econometrics 108 (1): 1–24. doi:10.1016/s0304-4076(01)00098-7.
  • Lucas, R. E. B., D. Wheeler, and H. Hettige. 1992. “Economic Development, Environmental Regulation, and the International Migration of Toxic Industrial Pollution: 1960-88.’ Policy Research Working Paper 1062. The World Bank.
  • McGuire, M. C. 1982. “Regulation, Factor Rewards, and International Trade.” Journal of Public Economics 17 (3): 335–354. doi:10.1016/0047-2727(82)90069-x.
  • Montiel, I., A. Cuervo-Cazurra, J. Park, R. Antolín-López, and B. W. Husted. 2021. “Implementing the United Nations’ Sustainable Development Goals in International Business.” Journal of International Business Studies 52 (5): 999–1030. doi:10.1057/s41267-021-00445-y.
  • Murshed, M., M. Nurmakhanova, R. Al-Tal, H. Mahmood, M. Elheddad, and R. Ahmed. 2022. “Can Intra-Regional Trade, Renewable Energy Use, Foreign Direct Investments, and Economic Growth Mitigate Ecological Footprints in South Asia?” Energy Sources, Part B: Economics, Planning, and Policy 17 (1): 1–26. doi:10.1080/15567249.2022.2038730.
  • Mutti, J. H., and J. D. Richardson. 1977. “International Competitive Displacement from Environmental Control the Quantitative Gains from Methodological Refinement.” Journal of Environmental Economics and Management 4 (2): 135–152. doi:10.1016/0095-0696(77)90038-9.
  • Panayotou, T. 1993. “Empirical Tests and Policy Analysis of Environmental Degradation at Different Stages of Economic Development.” ILO Working Papers . International Labour Organization. 1–42.
  • Pedroni, P. 1999. “Critical Values for Cointegration Tests in Heterogeneous Panels with Multiple Regressors.” Oxford Bulletin of Economics and Statistics 61 (s1): 653–670. doi:10.1111/1468-0084.61.s1.14.
  • Pesaran, M. H. 2007. “A Simple Panel Unit Root Test in the Presence of Cross-Section Dependence.” Journal of Applied Econometrics 22 (2): 265–312. doi:10.1002/jae.951.
  • Pesaran, M. H., and Y. Shin. 1995. “An Autoregressive Distributed Lag Modelling Approach to Cointegration Analysis.” Paper presented at the Ragnar Frisch Centennial Symposium, the Norwegian Academy of Science and Letters, Oslo, March 3-5. doi:10.1017/ccol0521633230.011.
  • Pethig, R. 1976. “Pollution, Welfare, and Environmental Policy in the Theory of Comparative Advantage.” Journal of Environmental Economics and Management 2 (3): 160–169. doi:10.1016/0095-0696(76)90031-0.
  • Pingali, P., and M. Plavšić. 2022. “Hunger and Environmental Goals for Asia: Synergies and Trade-Offs Among the SDGs.” Environmental Challenges 7: 100491. doi:10.1016/j.envc.2022.100491.
  • Ray, R. S. 2009. “Trade and Environment—Issues and Policies: A Survey of Literature.” The Indian Economic Journal 56 (4): 154–171. doi:10.1177/0019466220090411.
  • Robison, H. D. 1988. “Industrial Pollution Abatement: The Impact on Balance of Trade.” Canadian Journal of Economics 21 (1): 187–199. doi:10.2307/135219.
  • Rygh, A., E. Chiarapini, and M. V. Segovia. 2021. “How Can International Business Research Contribute Towards the Sustainable Development Goals?” Critical Perspectives on International Business 18 (4): 457–487. doi:10.1108/cpoib-08-2020-0123.
  • Sabir, S., and M. S. Gorus. 2019. “The Impact of Globalization on Ecological Footprint: Empirical Evidence from the South Asian Countries.” Environmental Science and Pollution Research 26 (32): 33387–33398. doi:10.1007/s11356-019-06458-3.
  • Schwarz, G. 1978. “Estimating the Dimension of a Model.” Annals of Statistics 6 (2): 461–464. doi:10.1214/aos/1176344136.
  • Selden, T. M., and D. Song. 1994. “Environmental Quality and Development: Is There a Kuznets Curve for Air Pollution Emissions?” Journal of Environmental Economics and Management 27 (2): 147–162. doi:10.1006/jeem.1994.1031.
  • Siebert, H. 1977. “Environmental Quality and the Gains from Trade.” Kyklos 30 (4): 657–673. doi:10.1111/j.1467-6435.1977.tb02694.x.
  • Sims, C. A. 1980. “Macroeconomics and Reality.” Econometrica 48 (1): 1–48. doi:10.2307/1912017.
  • Steininger, K. W. 1995. Trade and Environment: The Regulatory Controversy and a Theoretical and Empirical Assessment of Unilateral Environmental Action. Heidelberg: Physica-Verl. doi:10.1007/978-3-642-49342-3.
  • Strutt, A., and K. Anderson. 2000. “Will Trade Liberalization Harm the Environment? The Case of Indonesia to 2020.” Environmental and Resource Economics 17 (3): 203–232. doi:10.1023/A:1026480823657.
  • Sun, H., S. A. Clottey, Y. Geng, K. Fang, and J. C. K. Amissah. 2019. “Trade Openness and Carbon Emissions: Evidence from Belt and Road Countries.” Sustainability 11 (9): 2682. doi:10.3390/su11092682.
  • Tahir, T., T. Luni, M. T. Majeed, and A. Zafar. 2020. “The Impact of Financial Development and Globalization on Environmental Quality: Evidence from South Asian Economies.” Environmental Science and Pollution Research 28 (7): 8088–8101. doi:10.1007/s11356-020-11198-w.
  • Tobey, J. A. 1990. “The Effects of Domestic Environmental Policies on Patterns of World Trade: An Empirical Test.” Kyklos 43 (2): 191–209. doi:10.1111/j.1467-6435.1990.tb00207.x.
  • Udeagha, M. C., and N. Ngepah. 2019. “Revisiting Trade and Environment Nexus in South Africa: Fresh Evidence from New Measure.” Environmental Science and Pollution Research 26 (28): 29283–29306. doi:10.1007/s11356-019-05944-y.
  • UN. 2015. “Transforming Our World: The 2030 Agenda for Sustainable Development.”Resolution adopted by the United Nations General Assembly on 25 September 2015. Accessed 19 March 2023. https://documents-dds-ny.un.org/doc/UNDOC/GEN/N15/291/89/PDF/N1529189.pdf?OpenElement.
  • UN. 2022. “From Crisis to Sustainable Development: The SDGs as Roadmap to 2030 and Beyond.” The UN Sustainable Development Report 2022. Accessed 19 March 2023. https://dashboards.sdgindex.org/.
  • Walter, I. 1973. “The Pollution Content of American Trade.” Economic Inquiry 11 (1): 61–70. doi:10.1111/j.1465-7295.1973.tb00961.x.
  • World Bank. 2023. “World Bank Open Data.” The World Bank Group. Accessed 19 March 2023. https://data.worldbank.org/.
  • Yangka, D., V. Rauland, and P. Newman. 2018. “Carbon Neutral Policy in Action: The Case of Bhutan.” Climate Policy 19 (6): 672–687. doi:10.1080/14693062.2018.1551187.
  • Yu, Z., S. A. R. Khan, P. Ponce, A. B. L. de Sousa Jabbour, and C. J. C. Jabbour. 2022a. “Factors Affecting Carbon Emissions in Emerging Economies in the Context of a Green Recovery: Implications for Sustainable Development Goals.” Technological Forecasting and Social Change 176: 121417. doi:10.1016/j.techfore.2021.121417.
  • Yu, Z., S. A. R. Khan, P. Ponce, H. M. Zia-Ul-Haq, and K. Ponce. 2022b. “Exploring Essential Factors to Improve Waste-To-Resource Recovery: A Roadmap Towards Sustainability.” Journal of Cleaner Production 350: 131305. doi:10.1016/j.jclepro.2022.131305.
  • Yu, Z., S. A. R. Khan, and M. Umar. 2021. “Circular Economy Practices and Industry 4.0 Technologies: A Strategic Move of Automobile Industry.” Business Strategy and the Environment 31 (3): 796–809. doi:10.1002/bse.2918.
  • Zhao, Z., M. Cai, F. Wang, J. A. Winkler, T. Connor, M. G. Chung, J. Zhang, et al. 2021. “Synergies and Tradeoffs Among Sustainable Development Goals Across Boundaries in a Metacoupled World.” The Science of the Total Environment 751: 141749. doi:10.1016/j.scitotenv.2020.141749.

Reprints and Corporate Permissions

Please note: Selecting permissions does not provide access to the full text of the article, please see our help page How do I view content?

To request a reprint or corporate permissions for this article, please click on the relevant link below:

Academic Permissions

Please note: Selecting permissions does not provide access to the full text of the article, please see our help page How do I view content?

Obtain permissions instantly via Rightslink by clicking on the button below:

If you are unable to obtain permissions via Rightslink, please complete and submit this Permissions form. For more information, please visit our Permissions help page.