Does Economic Policy Uncertainty Cause Environmental Pollution? Fresh Evidence From Developed Countries

dc.contributor.authorArvas, Mehmet Akif
dc.contributor.authorDemirtaş, Cuma
dc.contributor.authorSoyu Yıldırım, Esra
dc.contributor.authorIlıkkan Özgür, Munise
dc.date.accessioned2024-04-18T06:25:48Z
dc.date.available2024-04-18T06:25:48Z
dc.date.issued2023
dc.departmentSosyal Bilimler Meslek Yüksekokulu
dc.description.abstractThe industrial revolution has dramatically altered the environment and ecosystem. So many scholars have empirically attempted to reveal the most influential anthropogenic factors on environmental degradation. For this purpose, this study examines the leading determinants of CO2 emissions in the context of economic policy uncertainty (EPU) for 14 developed countries within the framework of the extended stochastic impacts by regression on population, affluence and technology (STIRPAT) environmental model from 1997–2018. For empirical modeling, CO2 emission is treated as the dependent variable, which is a strong proxy for environmental degradation. In addition to the GDP per capita, population density, and energy intensity (a proxy for technology), the basic model is extended to include variables such as EPU, renewable energy, trade openness, globalization, and information and communications technology (ICT) index. While the estimation results by the dynamic conditional correlation (DCC) estimator, which are also supported by robustness analysis, suggest that GDP per capita and energy intensity are the main contributors to emission levels, population density has no significant impact on CO2. Furthermore, while renewable energy (in model 2), trade openness (in model 4), and globalization (in model 6) have negative impacts on CO2 emission, technology (in models 5 and 6) and EPU (in model 6) make marginal contributions to CO2.
dc.identifier.doi10.1007/s11356-023-29715-y
dc.identifier.endpage107937en_US
dc.identifier.issn0944-1344
dc.identifier.issue49en_US
dc.identifier.scopusqualityQ1
dc.identifier.startpage107921en_US
dc.identifier.urihttps:/dx.doi.org10.1007/s11356-023-29715-y29715-y
dc.identifier.urihttps://hdl.handle.net/20.500.12451/11640
dc.identifier.volume30en_US
dc.identifier.wosqualityN/A
dc.indekslendigikaynakWeb of Science
dc.indekslendigikaynakScopus
dc.indekslendigikaynakPubMed
dc.language.isoen
dc.publisherSpringer Science and Business Media Deutschland GmbH
dc.relation.ispartofEnvironmental Science and Pollution Research
dc.relation.publicationcategoryMakale - Uluslararası Hakemli Dergi - Kurum Öğretim Elemanı
dc.rightsinfo:eu-repo/semantics/embargoedAccess
dc.subjectDCC Estimator
dc.subjectDeveloped Countries
dc.subjectEnvironmental Degradation
dc.subjectEPU
dc.subjectSTIRPAT Model
dc.titleDoes Economic Policy Uncertainty Cause Environmental Pollution? Fresh Evidence From Developed Countries
dc.typeArticle

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