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The impact of geopolitical risk on CO2 emissions inequality: Evidence from 38 developed and developing economies
Chen, L. Gozgor, Giray Lau, C.K.M. Mahalik, M.K. Rather, K.N. Soliman, A.M.
Chen, L.
Gozgor, Giray
Lau, C.K.M.
Mahalik, M.K.
Rather, K.N.
Soliman, A.M.
Publication Date
2024-01
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© 2023 The Authors. Published by Elsevier Ltd. This is an open access article under the CC BY-NC license (http://creativecommons.org/licenses/bync/
4.0/).
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Yes
Open Access status
openAccess
Accepted for publication
14/10/2023
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Abstract
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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Citation
Chen L, Gozgor G, Lau CKM et al (2024) Impact of geopolitical risk on CO2 emissions inequality: Evidence from 38 developed and developing economies. Journal of Environmental Management. 349: 119345.
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Article