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Do fiscal decentralization and natural resources rent curb carbon emissions? Evidence from developed countries

Environmental science and pollution research international, 2021-09, Vol.28 (35), p.49179-49190 [Peer Reviewed Journal]

The Author(s), under exclusive licence to Springer-Verlag GmbH Germany, part of Springer Nature 2021 ;The Author(s), under exclusive licence to Springer-Verlag GmbH Germany, part of Springer Nature 2021. ;ISSN: 0944-1344 ;EISSN: 1614-7499 ;DOI: 10.1007/s11356-021-13865-y ;PMID: 33932218

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Title:
Do fiscal decentralization and natural resources rent curb carbon emissions? Evidence from developed countries
Author: Tufail, Muhammad ; Song, Lin ; Adebayo, Tomiwa Sunday ; Kirikkaleli, Dervis ; Khan, Suliman
Subjects: Aquatic Pollution ; Atmospheric Protection/Air Quality Control/Air Pollution ; Autoregressive models ; Carbon dioxide ; Carbon dioxide emissions ; Decentralization ; Developed countries ; Earth and Environmental Science ; Ecotoxicology ; Emissions ; Empirical analysis ; Environment ; Environmental Chemistry ; Environmental Health ; Environmental science ; Local government ; Natural resources ; Research Article ; Waste Water Technology ; Water Management ; Water Pollution Control
Is Part Of: Environmental science and pollution research international, 2021-09, Vol.28 (35), p.49179-49190
Description: This study provides new insight by introducing the role of fiscal decentralization and natural resources rent in affecting CO 2 emissions. For assessing this objective, this paper use panel data from seven highly fiscal decentralized Organization for Economic Cooperation and Development (OECD) countries from 1990 to 2018. For empirical analysis, we use the Westerlund test and cross-sectional autoregressive distributive lag model. In order to ascertain the integration order of variables, the study utilizes the Pesaran second-generation unit-root test. The findings reveal that all the variables are stationary at first difference. The long-run results confirm that fiscal decentralization and natural resources rent improve the atmosphere by reducing CO 2 emissions. Moreover, gross domestic product and total natural resources rent increase, while improvement in institutional quality reduces CO 2 emissions. For policy implication, this study recommends that transferring the power to the local governments will further reduce CO 2 emissions and shift these countries to more environmentally friendly sources.
Publisher: Berlin/Heidelberg: Springer Berlin Heidelberg
Language: English
Identifier: ISSN: 0944-1344
EISSN: 1614-7499
DOI: 10.1007/s11356-021-13865-y
PMID: 33932218
Source: ProQuest Central

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Do fiscal decentralization and natural resources rent curb carbon emissions? Evidence from developed countries

The Author(s), under exclusive licence to Springer-Verlag GmbH Germany, part of Springer Nature 2021 ;The Author(s), under exclusive licence to Springer-Verlag GmbH Germany, part of Springer Nature 2021. ;ISSN: 0944-1344 ;EISSN: 1614-7499 ;DOI: 10.1007/s11356-021-13865-y ;PMID: 33932218

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