Financial globalization and environmental degradation nexus: Evidence from emerging economies
RESOURCES POLICY, cilt.67, 2020 (SSCI, Scopus)
- Yayın Türü: Makale / Tam Makale
- Cilt numarası: 67
- Basım Tarihi: 2020
- Doi Numarası: 10.1016/j.resourpol.2020.101698
- Dergi Adı: RESOURCES POLICY
- Derginin Tarandığı İndeksler: Social Sciences Citation Index (SSCI), Scopus, International Bibliography of Social Sciences, Aerospace Database, Aquatic Science & Fisheries Abstracts (ASFA), Business Source Elite, Business Source Premier, Communication Abstracts, Compendex, EconLit, Geobase, Index Islamicus, INSPEC, Metadex, PAIS International, Pollution Abstracts, Public Affairs Index, Civil Engineering Abstracts
- Anahtar Kelimeler: Financial globalization, Ecological footprint, Environmental Kuznets curve, PMG, DOLS
- Erciyes Üniversitesi Adresli: Evet
Özet
This study explores how financial globalization affects environmental degradation in the emerging economies by using ecological footprint as a proxy for environmental degradation. With this aim, panel data models are conducted for the annual data covering the period 1974-2016. Results indicated that there is not an inverted U-shaped relationship between economic growth and environmental degradation. It was also found that financial globalization contributes to the improvement of the environmental quality level of emerging economies.