Financial globalization and environmental degradation nexus: Evidence from emerging economies

By Zübeyde Şentürk Ulucak, S. Ilkay, B. Ozcan, Ayfer Gedikli. 2020

158 citations recorded by the source corpus.

Abstract This study explores how financial globalization affects environmental degradation in the emerging economies by using ecological footprint as a proxy for environmental degradation. With this aim, panel data models are conducted for the annual data covering the period 1974–2016. Results indicated that there is not an inverted U-shaped relationship between economic growth and environmental degradation. It was also found that financial globalization contributes to the improvement of the environmental quality level of emerging economies.

Subfields: Economics and Econometrics, Marketing

View Paper: https://www.semanticscholar.org/paper/d0187a789d913da093e3887567103da122e6e1e7

How researchers see this paper

The researchers whose trusted networks rank it highest, strongest advocate first. Every researcher gets a different order.

In Economics and Econometrics

1. Nazim Hussain
2. Mahmood Ahmad
3. Zahoor Ahmed
4. Xiyue Yang
5. Avik Sinha
6. Muhammad Shahbaz
7. Solomon Nathaniel
8. Tuhin Sengupta

In Marketing

1. Nazim Hussain
2. Avik Sinha

Citations in the corpus

• Financial development and environmental degradation: Do human capital and institutional quality make a difference? (2021, background): “Financial development also enables countries to use advanced technologies for environmentally friendly and clean production, which in turn improves regional and global environmental sustainability (Ahmad et al., 2021; Ulucak et al., 2020).”