Globalization and Carbon Constrained Global Economy: A Fad or a Trend?

Lee, Ki-Hoon; Min, Byung

Abstract

The authors analyze how globalization affects carbon emission reductions in the context of sustainable development using panel data for 255 countries during 1980 to 2011. First, estimation results illustrate that globalization is a positive factor to reduce carbon emissions. Second, the authors find that the intermediate effect of technology to reduce carbon emission is more evident for an economy with a higher level of globalization than autarkic economies. Findings also suggest that globalization of an economy itself and in conjunction with the use of technology play an important role to facilitate carbon emission reductions.

Citation

Lee, K.-H., & Min, B. (2014). Globalization and Carbon Constrained Global Economy: A Fad or a Trend?. Journal of Asia-Pacific Business, 15(2), 105-121. https://doi.org/10.1080/10599231.2014.904181

• Journal Article Type: Article
• Online Publication Date: May 12, 2014
• Publication Date: Apr 3, 2014
• Deposit Date: Apr 19, 2024
• Journal: Journal of Asia-Pacific Business
• Print ISSN: 1059-9231
• Electronic ISSN: 1528-6940
• Publisher: Routledge
• Peer Reviewed: Peer Reviewed
• Volume: 15
• Issue: 2
• Pages: 105-121
• DOI: https://doi.org/10.1080/10599231.2014.904181
• Keywords: globalization, climate change, carbon economy, carbon emissions, sustainable development
• Public URL: http://researchrepository.napier.ac.uk/Output/3597169