Is the Sharing Economy Green? Evidence from Cross-Country Data

Using cross-sectional data from 165 countries, this study takes a fresh look at whether or not the sharing economy is a green solution for countries. This study relies on the Timbro sharing economy index and uses both carbon emission and environmental performance index as proxies for the greenhouse...

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Autores principales:	Wei Yin, Berna Kirkulak-Uludag, Ziling Chen
Formato:	article
Lenguaje:	EN
Publicado:	MDPI AG 2021
Materias:	sharing economy carbon emission overall environment cross-country data Bayesian analysis Environmental effects of industries and plants TD194-195 Renewable energy sources TJ807-830 Environmental sciences GE1-350
Acceso en línea:	https://doaj.org/article/427847d0a66b4af6a891513857ca526e
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spelling	oai:doaj.org-article:427847d0a66b4af6a891513857ca526e2021-11-11T19:41:03ZIs the Sharing Economy Green? Evidence from Cross-Country Data10.3390/su1321120232071-1050https://doaj.org/article/427847d0a66b4af6a891513857ca526e2021-10-01T00:00:00Zhttps://www.mdpi.com/2071-1050/13/21/12023https://doaj.org/toc/2071-1050Using cross-sectional data from 165 countries, this study takes a fresh look at whether or not the sharing economy is a green solution for countries. This study relies on the Timbro sharing economy index and uses both carbon emission and environmental performance index as proxies for the greenhouse gas effect and overall environment, respectively. Due to limited sample size and non-normal distribution of the sample, this paper applies the Bayesian regression model, which is based on posterior distribution. The findings suggest the following: (1) a high sharing economy level has a negative relationship to carbon emissions but a positive relationship to overall environmental performance; (2) the joint variables show that a high sharing economy level together with high broadband access, urbanization, and high education level reduces carbon emissions; and (3) for manufacturing countries, a high sharing economy level together with high urbanization is associated with comparatively low carbon emissions and high environmental performance. In general, these findings allow us to conclude in favor of the contribution made by a high sharing economy level to sustainability.Wei YinBerna Kirkulak-UludagZiling ChenMDPI AGarticlesharing economycarbon emissionoverall environmentcross-country dataBayesian analysisEnvironmental effects of industries and plantsTD194-195Renewable energy sourcesTJ807-830Environmental sciencesGE1-350ENSustainability, Vol 13, Iss 12023, p 12023 (2021)
institution	DOAJ
collection	DOAJ
language	EN
topic	sharing economy carbon emission overall environment cross-country data Bayesian analysis Environmental effects of industries and plants TD194-195 Renewable energy sources TJ807-830 Environmental sciences GE1-350
spellingShingle	sharing economy carbon emission overall environment cross-country data Bayesian analysis Environmental effects of industries and plants TD194-195 Renewable energy sources TJ807-830 Environmental sciences GE1-350 Wei Yin Berna Kirkulak-Uludag Ziling Chen Is the Sharing Economy Green? Evidence from Cross-Country Data
description	Using cross-sectional data from 165 countries, this study takes a fresh look at whether or not the sharing economy is a green solution for countries. This study relies on the Timbro sharing economy index and uses both carbon emission and environmental performance index as proxies for the greenhouse gas effect and overall environment, respectively. Due to limited sample size and non-normal distribution of the sample, this paper applies the Bayesian regression model, which is based on posterior distribution. The findings suggest the following: (1) a high sharing economy level has a negative relationship to carbon emissions but a positive relationship to overall environmental performance; (2) the joint variables show that a high sharing economy level together with high broadband access, urbanization, and high education level reduces carbon emissions; and (3) for manufacturing countries, a high sharing economy level together with high urbanization is associated with comparatively low carbon emissions and high environmental performance. In general, these findings allow us to conclude in favor of the contribution made by a high sharing economy level to sustainability.
format	article
author	Wei Yin Berna Kirkulak-Uludag Ziling Chen
author_facet	Wei Yin Berna Kirkulak-Uludag Ziling Chen
author_sort	Wei Yin
title	Is the Sharing Economy Green? Evidence from Cross-Country Data
title_short	Is the Sharing Economy Green? Evidence from Cross-Country Data
title_full	Is the Sharing Economy Green? Evidence from Cross-Country Data
title_fullStr	Is the Sharing Economy Green? Evidence from Cross-Country Data
title_full_unstemmed	Is the Sharing Economy Green? Evidence from Cross-Country Data
title_sort	is the sharing economy green? evidence from cross-country data
publisher	MDPI AG
publishDate	2021
url	https://doaj.org/article/427847d0a66b4af6a891513857ca526e
work_keys_str_mv	AT weiyin isthesharingeconomygreenevidencefromcrosscountrydata AT bernakirkulakuludag isthesharingeconomygreenevidencefromcrosscountrydata AT zilingchen isthesharingeconomygreenevidencefromcrosscountrydata
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Is the Sharing Economy Green? Evidence from Cross-Country Data

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