A platform for research: civil engineering, architecture and urbanism
A platform for research: civil engineering, architecture and urbanism
Is Geopolitical Risk Powerful Enough to Affect Carbon Dioxide Emissions? Evidence from China
Escalating geopolitical factors are closely related to climate warming, but researchers have not fully considered this. Therefore, the purpose of this study is to explore the interaction between geopolitical risk (GPR) and carbon dioxide (CO2) in China. This paper uses the recently developed GPR index and a bootstrap Granger rolling-window estimation. Empirical results spanning different subsamples reveal a two-way causal relationship between GPR and CO2. GPR transforms energy consumption and economic activities through trade disputes, military deployments and energy issues, which have a complex impact on CO2 emissions. Oppositely, CO2 emissions affect GPR through changes in international cooperation and shaping of geopolitical systems. In view of these empirical results, we put forward several policy recommendations. The Chinese government can effectively consider GPR to control CO2 emissions by increasing green investment and signing environmental contracts. Enterprises must focus on research and development (R&D) and investment in new energy innovations. In addition, international organizations can be a useful tool for monitoring decarbonization policies and resolving conflicts between countries.
Is Geopolitical Risk Powerful Enough to Affect Carbon Dioxide Emissions? Evidence from China
Escalating geopolitical factors are closely related to climate warming, but researchers have not fully considered this. Therefore, the purpose of this study is to explore the interaction between geopolitical risk (GPR) and carbon dioxide (CO2) in China. This paper uses the recently developed GPR index and a bootstrap Granger rolling-window estimation. Empirical results spanning different subsamples reveal a two-way causal relationship between GPR and CO2. GPR transforms energy consumption and economic activities through trade disputes, military deployments and energy issues, which have a complex impact on CO2 emissions. Oppositely, CO2 emissions affect GPR through changes in international cooperation and shaping of geopolitical systems. In view of these empirical results, we put forward several policy recommendations. The Chinese government can effectively consider GPR to control CO2 emissions by increasing green investment and signing environmental contracts. Enterprises must focus on research and development (R&D) and investment in new energy innovations. In addition, international organizations can be a useful tool for monitoring decarbonization policies and resolving conflicts between countries.
Is Geopolitical Risk Powerful Enough to Affect Carbon Dioxide Emissions? Evidence from China
Kai-Hua Wang (author) / Jia-Min Kan (author) / Cui-Feng Jiang (author) / Chi-Wei Su (author)
2022
Article (Journal)
Electronic Resource
Unknown
Metadata by DOAJ is licensed under CC BY-SA 1.0
Geopolitical Risk and Energy Transition in Russia: Evidence from ARDL Bounds Testing Method
| DOAJ | 2020
Geopolitical risk spillovers and its determinants
| Online Contents | 2021
How Does Carbon Emissions Efficiency Affect OFDI? Evidence from Chinese Listed Companies
| DOAJ | 2023
Construction industry carbon dioxide emissions in Shenzhen, China
| Online Contents | 2016