Asymmetric nexus between commercial policies and consumption‑based carbon emissions:new evidence from Pakistan
作者机构:School of BusinessZhengzhou UniversityZhengzhouHenanChina School of EconomicsQuaid I Azam UniversityIslamabadPakistan Department of EconomicUniversity of ChakwalChakwalPunjabPakistan Ministry of FinanceGovernment of PakistanIslamabadPakistan Management studies departmentBahria Business SchoolBahria UniversityIslamabadPakistan
出 版 物:《Financial Innovation》 (金融创新(英文))
年 卷 期:2023年第9卷第1期
页 面:865-888页
核心收录:
学科分类:02[经济学] 0202[经济学-应用经济学] 020206[经济学-国际贸易学]
主 题:Commercial policies Consumption-based carbon emissions Asymmetric ARDL Wavelet quantile correlation(WQC) Pakistan
摘 要:The current study extends the previous literature by exploring the effects of a newly discovered driver,i.e.,import taxes(as a proxy for commercial policies),on the consumption-based carbon emissions(CCO2e)for *** empirical analysis,several tests and methods,including Augmented Dickey–Fuller unit root test,Zivot–Andrews unit root test,asymmetric cointegration bound testing approach,non-linear ARDL,Wald-test,Granger causality test and wavelet quantile correlation(WQC)method are ***,NARDL technique estimates reveal that contractionary commercial policy enhances the environmental quality by disrupting the detrimental effects of ***,expansionary commercial policy escalates the environmental pollution by boosting the carbon ***,the exports and the renewable energy improve the ecological quality;however,GDP deteriorates the atmospheric quality by increasing the ***,WQC method and the trivariate Granger causality test are deployed to confirm the robustness of the *** on the findings,some crucial policies are also recommended for sustainable and green development in Pakistan.