Evidence map›Paper›PMID 34396480›Full record

ArticleEnvironmental science and pollution research international2022

Is there a tradeoff between financial globalization, economic growth, and environmental sustainability? An advanced panel analysis.

Shauku Kihombo, Arif I Vaseer, Zahoor Ahmed, Songsheng Chen, Dervis Kirikkaleli, Tomiwa Sunday Adebayo

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Article in Environmental science and pollution research international, 2022. The graph could read no effect estimate from its abstract, so it casts no vote on the map. Cited by 14 papers.

0numbers the graph read from it
0cells of the map it votes in
14citing papers in PubMed
–field-weighted citation impact
1 · What the graph read from it

What it found

Each row is one number read from the abstract, on the scale the paper reported it, with its interval. Left of the dashed line favours the treatment, right favours the comparator. Under each row is the sentence it came from. New to these charts? A ten-minute tutorial.

The abstract states no effect estimate the extractor could read, or names no intervention and outcome on the map, so this paper lights no cell and moves no belief. It is still indexed, cited and linked below.

2 · The registry

The trial behind it

Trials whose registry record cites this paper, or whose number appears in the abstract. A trial that started after this paper was published is citing it as background, not reporting it.

Neither the registry nor the abstract names a trial number. If this is a trial report, that itself is worth knowing.

3 · Its place in the literature

Who cites it

14 citing papers in PubMed.

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4 · The record

Corrections and comments

PubMed lists nothing against this paper. Absence here is not a guarantee, only a check that was made.

5 · Who and what money

Authors and funding

6 authors.

Shauku KihomboSchool of Management and Economics, Beijing Institute of Technology, South-Zhongguancun Street, Beijing, 100081, People's Republic of China.
Arif I VaseerFaculty of Management Sciences, Capital University of Science and Technology, Islamabad, Pakistan.
Zahoor AhmedDepartment of Economics, Faculty of Economics and Administrative Sciences, Cyprus International University, 10, Haspolat, 99040, Mersin, Turkey.
Songsheng ChenSchool of Management and Economics, Beijing Institute of Technology, South-Zhongguancun Street, Beijing, 100081, People's Republic of China. chenss@bit.edu.cn.
Dervis KirikkaleliFaculty of Economic and Administrative Sciences, Department of Banking and Finance, European University of Lefke, Lefke, Northern Cyprus, TR-10, Mersin, Turkey.
Tomiwa Sunday AdebayoFaculty of Economics and Administrative Science, Department of Business Administration, Cyprus International University, Nicosia, Northern Cyprus, TR-10, Mersin, Turkey. twaikline@gmail.com.ORCID http://orcid.org/0000-0003-0094-1778

Funding

innovative research group project of the national natural science foundation of china NSFC-71972011,71672009
6 · The paper itself

Abstract

In recent years, many empirical studies investigated the effects of globalization on the ecological footprint (EF). Most of these studies relied on the KOF index of globalization and studied the effects of total globalization and disaggregated impacts of economic, social, and political globalization on the EF. However, less attention has been given to financial globalization which can also influence the EF. Hence, this study investigates the association between financial globalization (FG), economic growth (GDP), and EF controlling population density (PD) in the selected West Asian and the Middle East (WAME) nations from 1990 to 2017. The study relied upon second-generation methods for checking stationary properties and Westerlund and other techniques to scrutinize cointegration. The evidence showed cointegration in the model. The long-run approximations from continuously updated fully modified (CUP-FM) and continuously updated bias corrected (CUP-BC) tests divulge that financial globalization is an important factor to promote ecological sustainability in the sample countries because it decreases EF. Population density exacerbates EF and worsens environmental deterioration in sample countries. The study detected the environmental Kuznets curve (EKC) between EF and economic growth in the presence of financial globalization and population density. Besides, financial globalization Granger causes EF, while the feedback effect exists between EF and economic growth. Based on these results, WAME economies can accomplish ecological sustainability and sustainable development by enhancing their financial globalization levels.

Indexed as

Carbon DioxideEconomic DevelopmentInternationalityMiddle EastCarbon DioxideEcological footprintEconomic growthEnvironmental sustainabilityFinancial globalization

Identifiers

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Registered trials

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Read under generation 80e0d062 · epoch 390. Bibliography from PubMed, PubMed Central and OpenAlex; grants from NIH RePORTER; trial links from ClinicalTrials.gov; estimates, votes and beliefs from the OpenQuestion graph.