ArticleEnvironment, development and sustainability2022
Exploring the moderating effect of globalization, financial development and environmental degradation nexus: a roadmap to sustainable development.
Article in Environment, development and sustainability, 2022. The graph could read no effect estimate from its abstract, so it casts no vote on the map. Cited by 3 papers.
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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.
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Who cites it
3 citing papers in PubMed.
- Assessing sustainable development and environmental pollution dynamics in Somalia.Scientific reports · 2026Article
- The moderating role of environment-related technologies in the link between transportation infrastructure, agricultural, and environmental contamination in highly congested countries of the world.GM crops & food · 2025Article
- Financial development and environmental quality: Does the financial environmental Kuznets Curve Prevail in Australia?Heliyon · 2024Article
Corrections and comments
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Authors and funding
4 authors.
Funding
No grant is acknowledged in the PubMed record.
Abstract
Financial development is a multidimensional process that contributes to economic growth but sometimes it has a devastating effect on climate change. No country can achieve sustainable development goals without caring the environmental quality. The present study investigates the moderating role of globalization (KOF) in determining the financial development (FD) on environmental degradation in the SAARC countries from 1990 to 2020. The long-run coefficients are estimated using the panel quantile regression (PQR) approach at lower, middle and upper quantile groups. The study shows the U-shaped relationship across three quantile groups based on financial development and carbon emissions. The moderator globalization (KOF) brings up the change in the turning point and flattens before the maturity of the U-shaped curve at the middle quantile while flattens after the maturity of the U-shaped curve at the upper quantile. The study recommends that by using energy-efficient technologies, better financial sector interaction with globalization enhances the environmental quality in SAARC countries.
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Registered trials
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