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Effect of Economic Growth, Trade Openness, Urbanization, and Technology on Environment of Selected Asian Countries

Ameer, Ayesha and Munir, Kashif (2016): Effect of Economic Growth, Trade Openness, Urbanization, and Technology on Environment of Selected Asian Countries.

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Abstract

The aim of this study is to examine the impact of trade openness, urban population, technology and economic growth on environment of Asian economies i.e. Bangladesh, Hong Kong, India, Indonesia, Iran, Malaysia, Pakistan, Philippines, Singapore, Sri Lanka, and Thailand. The specific objectives of this study are tend to evaluate the effect of trade openness, technology, urbanization and economic growth on surroundings and environment (CO2 and SO2 emission). This study measures environmental effect through Stochastic Impact by Regression on Population, Affluence, and Technology framework in selected Asian developing countries. Data covers the time period from 1980 to 2014. This study utilize panel unit root, panel cointegration, DOLS estimator and causality tests in order to establish the association between environment and selected macro-economic variables. The results obtain from carbon dioxide emissions model show the significant impact of growth and technology on carbon emissions. While results of sulfur dioxide emissions model indicates the existence of inverted U-shaped EKC hypothesis. The study concluded that there should be research and development programs at public and private level to control pollution through new technologies.

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