Globalisation and carbon dioxide emissions inequality in OECD countries

Title

Globalisation and carbon dioxide emissions inequality in OECD countries

Creator

Fang J.; Gozgor G.; Mahalik M.K.; Patel G.; Song X.

Description

Economic growth has been crucial in contributing to carbon dioxide (CO2) emissions from the Industrial Revolution, and it affects CO2 emissions heterogeneously with different income levels. Therefore, studying the role of economic growth on inequality in carbon emissions is imperative. This paper analyses the determinants of CO2 emissions inequality in the panel dataset of 37 Organisation for Economic Co-operation and Development (OECD) countries from 1990 to 2019. Age dependency, globalisation, and institutional quality reduce CO2 inequality in the OECD economies. However, gross domestic product per capita increases CO2 inequality. The results are robust to utilise different panel data estimation techniques. This paper provides the first evidence in the literature of determinants of CO2 inequality across the OECD countries. It is suggested that governments in the OECD economies offer a blueprint for a sustainable society of green economic growth. Other potential policy implications are also discussed. 2023 John Wiley & Sons Ltd.

Source

World Economy, Vol-47, No. 5, pp. 2178-2193.

Date

2024-01-01

Publisher

John Wiley and Sons Inc

Subject

CO₂ inequality; globalisation; the OECD economies

Coverage

Fang J., Future Regional Development Laboratory, Zhejiang University, Hangzhou, China, Research Center for Regional Coordinated Development, Zhejiang University, Hangzhou, China; Gozgor G., School of Management, University of Bradford, Bradford, United Kingdom, Adnan Kassar School of Business, Lebanese American University, Beirut, Lebanon; Mahalik M.K., Department of Humanities and Social Sciences, Indian Institute of Technology, West Bengal, Kharagpur, India; Patel G., Department of Humanities and Social Sciences, Indian Institute of Technology, West Bengal, Kharagpur, India, School of Business and Management, CHRIST (Deemed to be University), Bengaluru, India; Song X., School of Economics, Zhejiang University, Hangzhou, China

Rights

Restricted Access

Relation

ISSN: 3785920

Format

Online

Language

English

Type

Article

Identifier

https://doi.org/10.1111/twec.13542

https://www.scopus.com/inward/record.uri?eid=2-s2.0-85178397085&doi=10.1111%2ftwec.13542&partnerID=40&md5=0b2d98d70586b4ac98b249104b800d30