Volume 8, Issue 4 (April 2021), Pages: 130-137
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Original Research Paper
Title: How does a democratic government with limited intervention affect environmental quality? Fresh evidence with international panel data
Author(s): Rajput Sheraz 1, *, Hussain Akseer 1, Aziz Tariq 1, Noor Ahmed Khoso 1, Sayema Sultana 2
Affiliation(s):
1Department of Business Administration, Sukkur IBA University, Sukkur, Pakistan
2Department of Economics and Finance, Sunway University, Subang Jaya, Malaysia
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* Corresponding Author.
Corresponding author's ORCID profile: https://orcid.org/0000-0002-0596-3266
Digital Object Identifier:
https://doi.org/10.21833/ijaas.2021.04.015
Abstract:
This paper examines the effect of democratic countries which encourage economic freedom on the environment, measured by Carbon Dioxide (CO2) emission. For the empirical analysis, an annual panel data sample consisting of 179 countries from 1990 to 2018 is collected. Applying the Ordinary Least Squares and Two-Step Generalized Method of Moments estimation techniques, we find that the environmental quality is enhanced with a higher degree of democracy and economic freedom. The results firmly hold for high and middle-income countries when the sample is decomposed across income levels.
© 2021 The Authors. Published by IASE.
This is an open access article under the CC BY-NC-ND license (http://creativecommons.org/licenses/by-nc-nd/4.0/).
Keywords: πΆπ2 emission, Democracy, Economic freedom, High/middle-income countries
Article History: Received 13 October 2020, Received in revised form 6 January 2021, Accepted 6 January 2021
Acknowledgment:
I would like to thank Mr. Akseer Hussain Solangi, Dr. Tariq, Mr. Noor Khoso, and Mr. A Basit Bhatti for their valuable insights and contribution to this paper. In addition, I am grateful to Sukkur IBA University for utmost support for providing a conducive environment for research.
Compliance with ethical standards
Conflict of interest: The author(s) declared no potential conflicts of interest with respect to the research, authorship, and/or publication of this article.
Citation:
Sheraz R, Akseer H, and Tariq A et al. (2021). How does a democratic government with limited intervention affect environmental quality? Fresh evidence with international panel data. International Journal of Advanced and Applied Sciences, 8(4): 130-137
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