Investigating the environmental effect of globalization: insights from selected industrialized countries
Despite the burgeoning literature on the globalization-environmental degradation nexus, this area of empirical interest is still riddled with ambiguity. Thus, based on an extended Stochastic Impacts by Regression on Population, Affluence and Technology (STIRPAT) model, we re-investigate the effect o...
| Main Authors: | , , |
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| Format: | Article |
| Language: | English |
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Academic Press
2021
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| Online Access: | https://eprints.nottingham.ac.uk/64369/ |
| _version_ | 1848800124214444032 |
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| author | Aluko, Olufemi Adewale Opoku, Eric Evans Osei Ibrahim, Muazu |
| author_facet | Aluko, Olufemi Adewale Opoku, Eric Evans Osei Ibrahim, Muazu |
| author_sort | Aluko, Olufemi Adewale |
| building | Nottingham Research Data Repository |
| collection | Online Access |
| description | Despite the burgeoning literature on the globalization-environmental degradation nexus, this area of empirical interest is still riddled with ambiguity. Thus, based on an extended Stochastic Impacts by Regression on Population, Affluence and Technology (STIRPAT) model, we re-investigate the effect of globalization on environmental degradation for 27 selected industrialized countries over the period 1991-2016. More specifically, we shed light into how overall globalization and its various components – economic, social and political globalization – affect environmental degradation. We advance existing literature by considering a measurement approach which disaggregates overall, economic, social and political globalization into their de facto and de jure aspects. Using the augmented mean group estimator, we find that overall and economic globalization reduce environmental degradation while social and political globalization do not exert any significant effect on globalization. With respect to the de facto and de jure aspects, we observe that, while only de facto economic globalization mitigates environmental degradation, de jure overall, economic and social globalization also dampen environmental degradation. We provide some policy implications in the end. |
| first_indexed | 2025-11-14T20:46:34Z |
| format | Article |
| id | nottingham-64369 |
| institution | University of Nottingham Malaysia Campus |
| institution_category | Local University |
| language | English |
| last_indexed | 2025-11-14T20:46:34Z |
| publishDate | 2021 |
| publisher | Academic Press |
| recordtype | eprints |
| repository_type | Digital Repository |
| spelling | nottingham-643692021-01-22T07:43:38Z https://eprints.nottingham.ac.uk/64369/ Investigating the environmental effect of globalization: insights from selected industrialized countries Aluko, Olufemi Adewale Opoku, Eric Evans Osei Ibrahim, Muazu Despite the burgeoning literature on the globalization-environmental degradation nexus, this area of empirical interest is still riddled with ambiguity. Thus, based on an extended Stochastic Impacts by Regression on Population, Affluence and Technology (STIRPAT) model, we re-investigate the effect of globalization on environmental degradation for 27 selected industrialized countries over the period 1991-2016. More specifically, we shed light into how overall globalization and its various components – economic, social and political globalization – affect environmental degradation. We advance existing literature by considering a measurement approach which disaggregates overall, economic, social and political globalization into their de facto and de jure aspects. Using the augmented mean group estimator, we find that overall and economic globalization reduce environmental degradation while social and political globalization do not exert any significant effect on globalization. With respect to the de facto and de jure aspects, we observe that, while only de facto economic globalization mitigates environmental degradation, de jure overall, economic and social globalization also dampen environmental degradation. We provide some policy implications in the end. Academic Press 2021-01-08 Article PeerReviewed application/pdf en cc_by https://eprints.nottingham.ac.uk/64369/1/Investigating%20the%20environmental%20effect%20of%20globalization%20Insights%20from%20selected%20industrialized%20countries.pdf Aluko, Olufemi Adewale, Opoku, Eric Evans Osei and Ibrahim, Muazu (2021) Investigating the environmental effect of globalization: insights from selected industrialized countries. Journal of Environmental Management, 281 . p. 111892. ISSN 03014797 Globalization; environmental degradation; ecological footprint; STIRPAT model http://dx.doi.org/10.1016/j.jenvman.2020.111892 doi:10.1016/j.jenvman.2020.111892 doi:10.1016/j.jenvman.2020.111892 |
| spellingShingle | Globalization; environmental degradation; ecological footprint; STIRPAT model Aluko, Olufemi Adewale Opoku, Eric Evans Osei Ibrahim, Muazu Investigating the environmental effect of globalization: insights from selected industrialized countries |
| title | Investigating the environmental effect of globalization: insights from selected industrialized countries |
| title_full | Investigating the environmental effect of globalization: insights from selected industrialized countries |
| title_fullStr | Investigating the environmental effect of globalization: insights from selected industrialized countries |
| title_full_unstemmed | Investigating the environmental effect of globalization: insights from selected industrialized countries |
| title_short | Investigating the environmental effect of globalization: insights from selected industrialized countries |
| title_sort | investigating the environmental effect of globalization: insights from selected industrialized countries |
| topic | Globalization; environmental degradation; ecological footprint; STIRPAT model |
| url | https://eprints.nottingham.ac.uk/64369/ https://eprints.nottingham.ac.uk/64369/ https://eprints.nottingham.ac.uk/64369/ |