ArticleEnvironmental science and pollution research international2022
Assessing the impact of oil and gas trading, foreign direct investment inflows, and economic growth on carbon emission for OPEC member countries.
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 4 papers.
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4 citing papers in PubMed.
- Forensic Geochemistry Reveals International Ship Dumping as a Source of New Oil Spill in Brazil's Coastline (Bahia) in Late 2023.Environmental science & technology · 2024Article
- Article
- Deciphering the complex interplay: Heterogeneous, threshold, and mediation effects of trade openness on CO2 emissions in Africa.PloS one · 2024Article
- The effects of gas flaring as moderated by government quality in leading natural gas flaring economies.Scientific reports · 2023Article
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Authors and funding
4 authors.
Funding
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Abstract
The exploration of oil and gas contributes to green-house-gas. While exploring countries ensures economic growth, their activities also contribute to environmental pollution through carbon emissions. The 13-member states of the Organization of the Petroleum Exporting Countries (OPEC) are the world's most important oil-producing and exporting countries. Since the safety of a country's oil and gas resources is related to the country's economic growth and environmental protection, this study aims at assessing the impact of oil and gas trading, foreign direct investment inflows, and economic growth on carbon emission for OPEC member countries. Using secondary data from 2000 to 2018, the authors utilized Stata and EViews statistical software for the empirical studies. The fully modified least squares (FMOLS) and the generalized methods of moments estimators were used for the multiple regression. The findings from the multiple regression analysis revealed a positive but statistically insignificant relationship between oil and gas export and carbon emissions. On the contrary, an inverse relationship that is statistically significant was found between foreign direct investment inflows and carbon emissions. Also, a positive and statistically significant relationship was found between economic growth and carbon emissions for OPEC member countries. The research findings contribute to previous literature on petroleum exploration activities and give clues to policy-makers and stakeholders in putting in measures to ensure economic growth while promoting environmental protection for OPEC member countries.
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Registered trials
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