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The impact of geopolitical risk on CO2 emissions inequality: Evidence from 38 developed and developing economies

Limei ChenSchool of Management, Nanjing University of Posts and Telecommunications, Nanjing, China. Electronic address: [email protected]Giray GözgörSchool of Management, University of Bradford, Bradford, United Kingdom; Adnan Kassar School of Business, Lebanese American University, Beirut, Lebanon. Electronic address: [email protected]Chi Keung Marco LauTeesside University International Business School, Teesside University, Middlesbrough, United Kingdom. Electronic address: [email protected]Mantu Kumar MahalikDepartment of Humanities and Social Sciences, Indian Institute of Technology Kharagpur, West Bengal, India. Electronic address: [email protected]Kashif Nesar RatherDepartment of Humanities and Social Sciences, Indian Institute of Technology Kharagpur, West Bengal, India. Electronic address: [email protected]Alaa M. SolimanLeeds Business School, Leeds Beckett University, Leeds, United Kingdom. Electronic address: [email protected]
2023en
ABI

Аннотация

This paper analyses the impact of geopolitical risk on carbon dioxide (CO2) emissions inequality in the panel dataset of 38 developed and developing economies from 1990 to 2019. At this juncture, the empirical models control for the effects of globalisation, capital-labour ratio, and per capita income on CO2 emissions inequality. The panel cointegration tests show a significant long-run relationship among the related variables in the empirical models. The panel data regression estimations indicate that geopolitical risk, capital-labour ratio, and per capita income increase CO2 emissions inequality. However, globalisation negatively affects CO2 emissions inequality in the panel dataset of 38 developed and developing countries. The pairwise panel heterogeneous causality test results align with these benchmark results and indicate no reverse causality issue. Potential policy implications are also discussed.

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