ArticleEnvironmental science and pollution research international2022
The effect of income inequality and energy consumption on environmental degradation: the role of institutions and financial development in 180 countries of the world.
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 7 papers.
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Who cites it
7 citing papers in PubMed.
- Accessing the role of tourism, renewable energy, and green finance in shaping the sustainable future.Scientific reports · 2025Article
- Sustainable development in Southeast Asia: The nexus of tourism, finance, and environment.Heliyon · 2024Article
- Article
- Impact of foreign direct investment on income inequality: Evidence from selected Asian economies.PloS one · 2023Article
- Does political stability contribute to environmental sustainability? Evidence from the most politically stable economies.Heliyon · 2022Article
- The role of institutional quality in FDI inflows and carbon emission reduction: evidence from the global developing and belt road initiative countries.Environmental science and pollution research international · 2022Article
- The impact of information and communication technology, financial development, and energy consumption on carbon dioxide emission: evidence from the Belt and Road countries.Environmental science and pollution research international · 2022Article
Corrections and comments
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Authors and funding
4 authors.
Funding
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Abstract
This study investigates the effect of income inequality and institutional quality on carbon emission in 180 countries of the world from 2002 to 2019. The study employed OLS, fixed effect, and system generalized method of moments (SGMM), and the results show that income inequality, institutional quality, financial development, and economic growth have a direct significant and positive effect on carbon emission while trade openness and renewable energy significantly reduce carbon emission. VOA, ROL from the legal system, and GOV from the political system negatively affect carbon emission while the interaction term between GDP and GINI is found negative for carbon emission while the interaction of FD and GINI, INST and GINI, FD, and GDP are positively linked with carbon emission. The EKC hypothesis has been evidenced in the analysis with all INST indices. Our findings have considerable policy implications for the sample countries regarding the income inequality and institutions' development toward environmental quality enrichment.
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Registered trials
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