Study of environmental dynamic through optimized potential variables: renewable energy

This article investigates the effects of sustainable power source, Foreign Direct Investment, International exchange, and Tourism on carbon outflow in five developed countries (i.e., Singapore, Qatar, Malaysia, South Korea, and Japan) and five developing countries (i.e., Pakistan, Bangladesh, Srilan...

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Bibliographic Details
Published in:Air quality, atmosphere and health atmosphere and health, 2020-09, Vol.13 (9), p.1127-1134
Main Authors: Khan, Y. A., Abbas, S. Z., Chu, Y. M., Ahmad, M., Haider, M. A.
Format: Article
Language:English
Subjects:
Atmospheric Protection/Air Quality Control/Air Pollution
Carbon
Carbon dioxide
Carbon dioxide exchange
Developed countries
Developing countries
Discharge
Earth and Environmental Science
Environment
Environmental Health
Environmental studies
Exchanging
Foreign investment
Health Promotion and Disease Prevention
Industrial development
Industrialized nations
LDCs
Outflow
Renewable energy
Sustainability
Sustainable energy
Tourism
Travel
Utilization
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Summary:This article investigates the effects of sustainable power source, Foreign Direct Investment, International exchange, and Tourism on carbon outflow in five developed countries (i.e., Singapore, Qatar, Malaysia, South Korea, and Japan) and five developing countries (i.e., Pakistan, Bangladesh, Srilanka, China, and Indonesia) of Asia for the period 2000 to 2020 by utilizing System GMM, FMOLS, and DOLS models. The GMM framework shows that the outside direct speculation and the travel industry increase the discharge, while the renewable vitality utilization and universal exchange diminish the carbon outflow in technologically advanced nations. Sustainable power source utilization, the travel industry, and worldwide trade increase the emanation, while remote direct speculation decreases carbon outflow in developed countries. In contrast, the travel industry, financial development, and exchange transparency diminish CO 2 outflows in developed nations. FDI, travel industry, and worldwide exchange are the significant drivers to build carbon discharge, while sustainable power source utilization and financial development fundamentally announce carbon outflows in developing nations. This investigation has significant proposals that the natural quality could be upgraded by expanding sustainable power source utilization, pull in FDI, advancing the travel industry arrangements, and exchange receptiveness.
ISSN:1873-9318
1873-9326
DOI:10.1007/s11869-020-00869-9