Empirical study on the impact of international trade and foreign direct investment on carbon emission for belt and road countries

The rapid development of trade along the Belt and Road Initiative (BRI) directly affect economic growth and influence carbon emission. This study used fifty-two BRI countries out of the sixty-five countries that signed onto the BRI in 2013 for the empirical study. The panel data extracted is from th...

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Autores principales:	Zhang Jijian, Angelina Kissiwaa Twum, Andrew Osei Agyemang, Bless Kofi Edziah, Emmanuel Caesar Ayamba
Formato:	article
Lenguaje:	EN
Publicado:	Elsevier 2021
Materias:	International trade Carbon emission Belt and road countries Foreign direct investment Electrical engineering. Electronics. Nuclear engineering TK1-9971
Acceso en línea:	https://doaj.org/article/a4756f9f50a74f13af614ded4d587d58
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spelling	oai:doaj.org-article:a4756f9f50a74f13af614ded4d587d582021-11-20T05:07:05ZEmpirical study on the impact of international trade and foreign direct investment on carbon emission for belt and road countries2352-484710.1016/j.egyr.2021.09.122https://doaj.org/article/a4756f9f50a74f13af614ded4d587d582021-11-01T00:00:00Zhttp://www.sciencedirect.com/science/article/pii/S2352484721009288https://doaj.org/toc/2352-4847The rapid development of trade along the Belt and Road Initiative (BRI) directly affect economic growth and influence carbon emission. This study used fifty-two BRI countries out of the sixty-five countries that signed onto the BRI in 2013 for the empirical study. The panel data extracted is from the period 1993 to 2018. The study utilized the Common Correlated Effects Mean Group (CCEMG) and the Augmented Mean Group (AMG) estimation techniques for the empirical analysis. The findings revealed a positive link between imports and carbon emissions. Contrarily, exports revealed an inverse relationship with carbon emission, while foreign direct investment inflow revealed a positive but insignificant relationship with consumption-based carbon emission. Therefore, it is recommended that to control the environment and maintain ecological balance, there is the need to establish environmental protection clauses in many international treaties and domestic legislation while promoting international trade.Zhang JijianAngelina Kissiwaa TwumAndrew Osei AgyemangBless Kofi EdziahEmmanuel Caesar AyambaElsevierarticleInternational tradeCarbon emissionBelt and road countriesForeign direct investmentElectrical engineering. Electronics. Nuclear engineeringTK1-9971ENEnergy Reports, Vol 7, Iss , Pp 7591-7600 (2021)
institution	DOAJ
collection	DOAJ
language	EN
topic	International trade Carbon emission Belt and road countries Foreign direct investment Electrical engineering. Electronics. Nuclear engineering TK1-9971
spellingShingle	International trade Carbon emission Belt and road countries Foreign direct investment Electrical engineering. Electronics. Nuclear engineering TK1-9971 Zhang Jijian Angelina Kissiwaa Twum Andrew Osei Agyemang Bless Kofi Edziah Emmanuel Caesar Ayamba Empirical study on the impact of international trade and foreign direct investment on carbon emission for belt and road countries
description	The rapid development of trade along the Belt and Road Initiative (BRI) directly affect economic growth and influence carbon emission. This study used fifty-two BRI countries out of the sixty-five countries that signed onto the BRI in 2013 for the empirical study. The panel data extracted is from the period 1993 to 2018. The study utilized the Common Correlated Effects Mean Group (CCEMG) and the Augmented Mean Group (AMG) estimation techniques for the empirical analysis. The findings revealed a positive link between imports and carbon emissions. Contrarily, exports revealed an inverse relationship with carbon emission, while foreign direct investment inflow revealed a positive but insignificant relationship with consumption-based carbon emission. Therefore, it is recommended that to control the environment and maintain ecological balance, there is the need to establish environmental protection clauses in many international treaties and domestic legislation while promoting international trade.
format	article
author	Zhang Jijian Angelina Kissiwaa Twum Andrew Osei Agyemang Bless Kofi Edziah Emmanuel Caesar Ayamba
author_facet	Zhang Jijian Angelina Kissiwaa Twum Andrew Osei Agyemang Bless Kofi Edziah Emmanuel Caesar Ayamba
author_sort	Zhang Jijian
title	Empirical study on the impact of international trade and foreign direct investment on carbon emission for belt and road countries
title_short	Empirical study on the impact of international trade and foreign direct investment on carbon emission for belt and road countries
title_full	Empirical study on the impact of international trade and foreign direct investment on carbon emission for belt and road countries
title_fullStr	Empirical study on the impact of international trade and foreign direct investment on carbon emission for belt and road countries
title_full_unstemmed	Empirical study on the impact of international trade and foreign direct investment on carbon emission for belt and road countries
title_sort	empirical study on the impact of international trade and foreign direct investment on carbon emission for belt and road countries
publisher	Elsevier
publishDate	2021
url	https://doaj.org/article/a4756f9f50a74f13af614ded4d587d58
work_keys_str_mv	AT zhangjijian empiricalstudyontheimpactofinternationaltradeandforeigndirectinvestmentoncarbonemissionforbeltandroadcountries AT angelinakissiwaatwum empiricalstudyontheimpactofinternationaltradeandforeigndirectinvestmentoncarbonemissionforbeltandroadcountries AT andrewoseiagyemang empiricalstudyontheimpactofinternationaltradeandforeigndirectinvestmentoncarbonemissionforbeltandroadcountries AT blesskofiedziah empiricalstudyontheimpactofinternationaltradeandforeigndirectinvestmentoncarbonemissionforbeltandroadcountries AT emmanuelcaesarayamba empiricalstudyontheimpactofinternationaltradeandforeigndirectinvestmentoncarbonemissionforbeltandroadcountries
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Empirical study on the impact of international trade and foreign direct investment on carbon emission for belt and road countries

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