Ryzyko geopolityczne, globalizacja i degradacja środowiska w Afryce Południowej: dowody z zaawansowanego podejścia kwantylowego

Gold Olamide Lawal


School of Business, Westcliff University, Irvine, California, United States (Stany Zjednoczone)

Bisola Aladenika


School of Business, Westcliff University, Irvine, California, United States (Stany Zjednoczone)

Akadiri Akadiri

ssakadiri@cbn.gov.ng
Research Department, Central Bank of Nigeria, Abuja, Nigeria (Nigeria)
https://orcid.org/0000-0001-8901-7965

Ayodeji Samson Fatigun


School of Business, Westcliff University, Irvine, California, United States (Stany Zjednoczone)

Victoria Olushola Olanrewaju


Cyprus International University, Department of Business Administration, Faculty of Economics and Administrative Science (Cypr)

Abstrakt

Zrównoważony rozwój polega na włączeniu kwestii społeczno-ekonomicznych i ochrony środowiska do procesu podejmowania decyzji gospodarczych w taki sposób, aby wszelkie działania rozwojowe były ostatecznie korzystne dla najbliższych i przyszłych pokoleń. Na tym tle niniejsze badanie analizuje wpływ ryzyka geopolitycznego i globalizacji na degradację środowiska w Afryce Południowej w okresie 1985Q1-2018Q4. Badanie to budzi obawy dotyczące potencjalnego podwójnego wpływu ryzyka geopolitycznego i globalizacji na środowisko. Odchodzimy od istniejących badań, które wykorzystują podejście do średniej przyczynowości, które nie uwzględnia możliwej zależności w warunkowym ogonie rozkładu serii. Aby zbadać, czy istnieje związek przyczynowy między szeregami, korzystamy z Trostera (2018) Grangera bezprzyczynowości w kwantylach warunkowych, która oddaje wzorzec przyczynowości w różnych kwantylach. Wyniki empiryczne pokazują, że istnieje związek przyczynowo-skutkowy sprzężenia zwrotnego między ryzykiem geopolitycznym a emisjami CO2 . W większości kwantyli obserwuje się również przyczynowość sprzężenia zwrotnego między globalizacją a emisjami CO2 . Znajdujemy dwukierunkowy związek przyczynowy Grangera między ryzykiem geopolitycznym a degradacją środowiska oraz między globalizacją a degradacją środowiska. Globalizacja i ryzyko geopolityczne negatywnie wpływają na degradację środowiska. Doszliśmy do wniosku, że degradacja środowiska nie jest spowodowana między innymi globalizacją i ryzykiem geopolitycznym w RPA, ale także innymi sugestiami politycznymi.


Słowa kluczowe:

ryzyko geopolityczne, globalizacja, degradacja środowiska, zaawansowane podejście kwantylowe, Afryka Południowa

ABUBAKAR L., SALEMCITY A. J., ABASS O. K., OLAJUYIN A. M., 2021, The impacts of COVID-19 on envi-ronmental sustainability: A brief study in world context, Bioresource Technology Reports, 15: 100713.
DOI: https://doi.org/10.1016/j.biteb.2021.100713   Google Scholar

ADEBAYO T. S., AKADIRI S. S., AKPAN U., ALADENIKA B., 2022, Asymmetric effect of financial globalization on carbon emissions in G7 countries: Fresh insight from quantile-on-quantile regression, Energy & Environment, https://doi.org/0958305X221084290.
DOI: https://doi.org/10.1177/0958305X221084290   Google Scholar

AKADIRI S. S., ADEBAYO T. S., 2021, Asymmetric nexus among financial globalization, non-renewable energy, re-newable energy use, economic growth, and carbon emissions: impact on environmental sustainability targets in India, Environmental Science and Pollution Research: 1-13.
DOI: https://doi.org/10.1007/s11356-021-16849-0   Google Scholar

AKADIRI S. S., ALOLA A. A., BEKUN F. V., ETOKAKPAN M. U., 2020, Does electricity consumption and globali-zation increase pollutant emissions? Implications for environmental sustainability target for China, Environmental Science and Pollution Research, 27(20): 25450-25460.
DOI: https://doi.org/10.1007/s11356-020-08784-3   Google Scholar

AKADIRI S. S., LASISI T. T., UZUNER G., AKADIRI A. C., 2020, Examining the causal impacts of tourism, globali-zation, economic growth and carbon emissions in tourism island territories: bootstrap panel Granger causality analy-sis, Current Issues in Tourism, 23(4): 470-484.
DOI: https://doi.org/10.1080/13683500.2018.1539067   Google Scholar

ADEBAYO T. S., AKADIRI S. S., AKANNI E. O., SADIQ-BAMGBOPA Y., 2022, Does political risk drive environ-mental degradation in BRICS countries? Evidence from method of moments quantile regression, Environmental Science and Pollution Research, 29(21): 32287-32297.
DOI: https://doi.org/10.1007/s11356-022-20002-w   Google Scholar

ANSER M. K., SYED Q. R., APERGIS N., 2021, Does geopolitical risk escalate CO2 emissions? Evidence from the BRICS countries, Environmental Science and Pollution Research, 28(35): 48011-48021.
DOI: https://doi.org/10.1007/s11356-021-14032-z   Google Scholar

ALOCH M. A., OZTURK I., BEKUN F. V., KHAN, D., 2021, Modelling the dynamic linkage between financial devel-opment, energy innovation, and environmental quality: Does globalization matter?, Business Strategy and the Environment, 30(1): 176-184.
DOI: https://doi.org/10.1002/bse.2615   Google Scholar

BROOCK W. A., SCHEINKMAN J. A., DECHERT W. D., LEBARON B., 1996, A test for independence based on the correlation dimension, Econometric reviews, 15(3): 197-235.
DOI: https://doi.org/10.1080/07474939608800353   Google Scholar

CALDARA D., IACOVIELLO M., 2018, Measuring geopolitical risk, FRB International Finance Discussion Paper, (1222).
DOI: https://doi.org/10.17016/IFDP.2018.1222   Google Scholar

CLEVELAND W. S., 1979, Robust locally weighted regression and smoothing scatterplots, Journal of the American statistical association, 74(368): 829-836.
DOI: https://doi.org/10.1080/01621459.1979.10481038   Google Scholar

ENGLE R. F., GRANGER C. W., 1987, Co-integration and error correction: representation, estimation, and test-ing, Econometrica: Journal of the Econometric Society: 251-276.
DOI: https://doi.org/10.2307/1913236   Google Scholar

FAROOQ S., OZTURK I., MAJEED M. T., AKRAM R., 2022, Globalization and CO2 emissions in the presence of EKC: A global panel data analysis, Gondwana Research, 106: 367-378.
DOI: https://doi.org/10.1016/j.gr.2022.02.002   Google Scholar

GÜNGÖR H., ABU-GOODMAN M., OLANIPEKUN I. O., USMAN O., 2021, Testing the environmental Kuznets curve with structural breaks: The role of globalization, energy use, and regulatory quality in South Africa, Environmental Science and Pollution Research, 28(16): 20772-20783.
DOI: https://doi.org/10.1007/s11356-020-11843-4   Google Scholar

GRANGER C. W., 1969, Investigating causal relations by econometric models and cross-spectral methods, Econometrica: Journal of the Econometric Society: 424-438.
DOI: https://doi.org/10.2307/1912791   Google Scholar

GYGLI S., HAELG F., POTRAFKE N., STURM J. E., 2018, The KOF globalisation index-revisited.
DOI: https://doi.org/10.2139/ssrn.3338784   Google Scholar

JIAO Y., XIAO X., BAO X., 2022, Economic policy uncertainty, geopolitical risks, energy output and ecological foot-print – Empirical evidence from China, Energy Reports, 8: 324-334.
DOI: https://doi.org/10.1016/j.egyr.2022.03.105   Google Scholar

KOENKER R., BASSETT J.R.G., 1978, Regression quantiles. Econometrica: journal of the Econometric Society: 33-50.
DOI: https://doi.org/10.2307/1913643   Google Scholar

LE H. P., OZTURK I., 2020, The impacts of globalization, financial development, government expenditures, and institu-tional quality on CO2 emissions in the presence of environmental Kuznets curve, Environmental Science and Pollution Research, 27(18): 22680-22697.
DOI: https://doi.org/10.1007/s11356-020-08812-2   Google Scholar

LEE C. C., OLASEHINDE‐WILLIAMS G., AKADIRI S. S., 2021, Geopolitical risk and tourism: Evidence from dynam-ic heterogeneous panel models, International Journal of Tourism Research, 23(1): 26-38.
DOI: https://doi.org/10.1002/jtr.2389   Google Scholar

MISHRA P., PANDEY C. M., SINGH U., GUPTA A., SAHU C., KESHRI A., 2019, Descriptive statistics and normal-ity tests for statistical data, Annals of cardiac anaesthesia, 22(1): 67.
DOI: https://doi.org/10.4103/aca.ACA_157_18   Google Scholar

RAFINDADI A. A., 2016, Does the need for economic growth influence energy consumption and CO2 emissions in Nigeria? Evidence from the innovation accounting test, Renewable and Sustainable Energy Reviews, 62: 1209-1225.
DOI: https://doi.org/10.1016/j.rser.2016.05.028   Google Scholar

RAFINDADI A. A., OZTURK I., 2017, Dynamic effects of financial development, trade openness and economic growth on energy consumption: Evidence from South Africa, International Journal of Energy Economics and Policy, 7(3): 74-85.
  Google Scholar

RAFINDADI A. A., USMAN O., 2019, Globalization, energy use, and environmental degradation in South Africa: Star-tling empirical evidence from the Maki-cointegration test, Journal of Environmental Management, 244: 265-275.
DOI: https://doi.org/10.1016/j.jenvman.2019.05.048   Google Scholar

RITI J. S., SHU Y., RITI M. K. J., 2022, Geopolitical risk and environmental degradation in BRICS: Aggregation bias and policy inference, Energy Policy, 166: 113010.
DOI: https://doi.org/10.1016/j.enpol.2022.113010   Google Scholar

SAINT AKADIRI S., ALKAWFI M. M., UĞURAL S., AKADIRI A. C., 2019, Towards achieving environmental sus-tainability target in Italy. The role of energy, real income and globalization, Science of the Total Environment, 671: 1293-1301.
DOI: https://doi.org/10.1016/j.scitotenv.2019.03.448   Google Scholar

SAINT AKADIRI S., ALOLA A. A., AKADIRI A. C., 2019, The role of globalization, real income, tourism in environ-mental sustainability target. Evidence from Turkey, Science of the Total Environment, 687: 423-432.
DOI: https://doi.org/10.1016/j.scitotenv.2019.06.139   Google Scholar

SAINT AKADIRI S., ELUWOLE K. K., AKADIRI A. C., AVCI T., 2020, Does causality between geopolitical risk, tourism and economic growth matter? Evidence from Turkey, Journal of Hospitality and Tourism Management, 43: 273-277.
DOI: https://doi.org/10.1016/j.jhtm.2019.09.002   Google Scholar

SALAHUDDIN M., ALI M., VINK N., GOW J., 2019, The effects of urbanization and globalization on CO2 emissions: evidence from the Sub-Saharan Africa (SSA) countries, Environmental Science and Pollution Research, 26(3): 2699-2709.
DOI: https://doi.org/10.1007/s11356-018-3790-4   Google Scholar

SIM N., ZHOU H., 2015, Oil prices, US stock return, and the dependence between their quantiles, Journal of Banking & Finance, 55: 1-8.
DOI: https://doi.org/10.1016/j.jbankfin.2015.01.013   Google Scholar

STONE C. J., 1977, Consistent nonparametric regression, The annals of statistics, 595-620.
DOI: https://doi.org/10.1214/aos/1176343886   Google Scholar

SWEIDAN O. D., 2021, Is the geopolitical risk an incentive or obstacle to renewable energy deployment? Evidence from a panel analysis, Renewable Energy, 178: 377-384.
DOI: https://doi.org/10.1016/j.renene.2021.06.089   Google Scholar

TIWARI A. K., DAS D., DUTTA A., 2019, Geopolitical risk, economic policy uncertainty and tourist arrivals: Evidence from a developing country, Tourism Management, 75: 323-327.
DOI: https://doi.org/10.1016/j.tourman.2019.06.002   Google Scholar

TROSTER V., 2018, Testing for Granger-causality in quantiles, Econometric Reviews, 37(8): 850-866.
DOI: https://doi.org/10.1080/07474938.2016.1172400   Google Scholar

USMAN O., AKADIRI S. S., ADESHOLA I., 2020, Role of renewable energy and globalization on ecological footprint in the USA: Implications for environmental sustainability, Environmental Science and Pollution Research, 27(24): 30681-30693.
DOI: https://doi.org/10.1007/s11356-020-09170-9   Google Scholar

UZUNER G., AKADIRI S. S., LASISI T. T., 2020, The asymmetric relationship between globalization, tourism, CO2 emissions, and economic growth in Turkey: Implications for environmental policy making, Environmental Science and Pollution Research, 27(26): 32742-32753.
DOI: https://doi.org/10.1007/s11356-020-09190-5   Google Scholar

WANG X., WU Y., XU W., 2019, Geopolitical risk and investment, SSRN 3305739.
DOI: https://doi.org/10.2139/ssrn.3305739   Google Scholar

XIAO Z., 2009, Functional-coefficient cointegration models, Journal of Econometrics, 152(2): 81-92.
DOI: https://doi.org/10.1016/j.jeconom.2009.01.008   Google Scholar

ZHAO W., ZHONG, R., SOHAIL, S., MAJEED, M. T., ULLAH, S., 2021, Geopolitical risks, energy consumption, and CO2 emissions in BRICS: An asymmetric analysis, Environmental Science and Pollution Research, 28(29): 39668-39679.
DOI: https://doi.org/10.1007/s11356-021-13505-5   Google Scholar


Opublikowane
2023-07-10

Cited By / Share

Lawal, G. O. ., Aladenika, B., Akadiri, A., Fatigun, A. S. ., & Olanrewaju, V. O. (2023). Ryzyko geopolityczne, globalizacja i degradacja środowiska w Afryce Południowej: dowody z zaawansowanego podejścia kwantylowego. Problemy Ekorozwoju Problems of Sustainable Development, 18(1), 207–215. https://doi.org/10.35784/pe.2023.1.22

Autorzy

Gold Olamide Lawal 

School of Business, Westcliff University, Irvine, California, United States Stany Zjednoczone

Autorzy

Bisola Aladenika 

School of Business, Westcliff University, Irvine, California, United States Stany Zjednoczone

Autorzy

Akadiri Akadiri 
ssakadiri@cbn.gov.ng
Research Department, Central Bank of Nigeria, Abuja, Nigeria Nigeria
https://orcid.org/0000-0001-8901-7965

Autorzy

Ayodeji Samson Fatigun 

School of Business, Westcliff University, Irvine, California, United States Stany Zjednoczone

Autorzy

Victoria Olushola Olanrewaju 

Cyprus International University, Department of Business Administration, Faculty of Economics and Administrative Science Cypr

Statystyki

Abstract views: 138
PDF downloads: 62


Licencja

Creative Commons License

Utwór dostępny jest na licencji Creative Commons Uznanie autorstwa 4.0 Międzynarodowe.