Synergetic Impact of Institutional Quality, Foreign Direct Investment, Urban Population Growth and Trade on CO2 Emission: Selective Countries of South Asian
DOI:
https://doi.org/10.61506/01.00392Keywords:
Panel autoregressive distributive lag PARDL, urban population growth (URB), institutional quality index (IQ), foreign direct investment (FDI), Trade (TRD)Abstract
This research examines the relationships within CO2, Institutional quality, foreign direct investment (FDI), urban population growth and Trade in India, Pakistan, Bhutan, Afghanistan, and Bangladesh, five countries in south Asia. ARDL Autoregressive distributed lag model outcomes suggest, factors effecting environmental quality in all countries move in unison over the long term (co-integration). The environmental Kuznets curve hypothesis EKC is also supported by the results. Additionally Institutional quality seems to have negative influence on environmental quality while foreign direct investment (FDI), urban population growth and Trade positively influenced CO2 emission. ARDL observations demonstrate, there is a strong correlation among CO2 emission and Institutional quality, foreign direct investment, urban population growth and Trade.
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