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THE IMPACT OF GLOBALIZATION AND CHINAS FOREIGN DIRECT INVESTMENT IN SOUTH ASIAN COUNTRIES ON CARBON DIOXIDE EMISSION

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05 Pages : 50 -65

http://dx.doi.org/10.31703/grr.2021(VI-IV).05      10.31703/grr.2021(VI-IV).05      Published : Dec 2021

The Impact of Globalization and China's Foreign Direct Investment in South Asian Countries on Carbon Dioxide Emission

Abstract

    The world is currently confronted with a growing challenge in the form of CO2 and climate change, which pose grave risks to human lives worldwide. This article attempts to investigate the nexus between CO2 emission, FDI, and Globalization for the period of2003 to 2018 in south Asian countries. This study enables policymakers to devise and execute policies to decrease CO2 emissions in the future. We use panel data techniques to investigate the determinants of CO2 emissions over the world. Our finding shows Globalization,GDP, CO2 emissions are influenced positively and significantly by financial development and energy consumption. Trade openness and FDI have a positive relationship with CO2 emission, While social Globalization has a negative impact on carbon emission. This articlehas key policy implications. Policymakers should formulate policies to provide incentives to their citizen to decline CO2 emissions in the world.

    Globalization, China's FDI, Carbon emission

    (1) Zubair
    MPhil Scholar, Department of Economics, Institute of Management Sciences, Peshawar, KP, Pakistan.
    (2) Jawad khan
    MPhil Scholar, Department of Economics, Institute of Management Sciences, Peshawar, KP, Pakistan.
    (3) Hassan Ara Magsi
    Assistant Professor, Department of Political Science, University of Baluchistan, Quetta, Baluchistan, Pakistan.
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Cite this article

APA

    APA : Zubair., khan, J., & Magsi, H. A. (2021). The Impact of Globalization and China's Foreign Direct Investment in South Asian Countries on Carbon Dioxide Emission. Global Regional Review, VI(IV), 50 -65. https://doi.org/10.31703/grr.2021(VI-IV).05

CHICAGO

    CHICAGO : Zubair, , Jawad khan, and Hassan Ara Magsi. 2021. "The Impact of Globalization and China's Foreign Direct Investment in South Asian Countries on Carbon Dioxide Emission." Global Regional Review, VI (IV): 50 -65 doi: 10.31703/grr.2021(VI-IV).05

HARVARD

    HARVARD : ZUBAIR., KHAN, J. & MAGSI, H. A. 2021. The Impact of Globalization and China's Foreign Direct Investment in South Asian Countries on Carbon Dioxide Emission. Global Regional Review, VI, 50 -65.

MHRA

    MHRA : Zubair, , Jawad khan, and Hassan Ara Magsi. 2021. "The Impact of Globalization and China's Foreign Direct Investment in South Asian Countries on Carbon Dioxide Emission." Global Regional Review, VI: 50 -65

MLA

    MLA : Zubair, , Jawad khan, and Hassan Ara Magsi. "The Impact of Globalization and China's Foreign Direct Investment in South Asian Countries on Carbon Dioxide Emission." Global Regional Review, VI.IV (2021): 50 -65 Print.

OXFORD

    OXFORD : Zubair, , khan, Jawad, and Magsi, Hassan Ara (2021), "The Impact of Globalization and China's Foreign Direct Investment in South Asian Countries on Carbon Dioxide Emission", Global Regional Review, VI (IV), 50 -65

TURABIAN

    TURABIAN : Zubair, , Jawad khan, and Hassan Ara Magsi. "The Impact of Globalization and China's Foreign Direct Investment in South Asian Countries on Carbon Dioxide Emission." Global Regional Review VI, no. IV (2021): 50 -65. https://doi.org/10.31703/grr.2021(VI-IV).05