Jak niepewność polityki gospodarczej i monetarnej wpływa na przewidywalność polityki klimatycznej w Stanach Zjednoczonych?
Ahmet Tayfur Akcan
tayfurakcan@hotmail.comNecmettin Erbakan University (Turcja)
https://orcid.org/0000-0001-8210-7327
Muhammad Shahbaz
Beijing Institute of Technology, School of Economics, Beijing (Chiny)
https://orcid.org/0000-0003-2391-6997
Cuneyt Kılıç
Canakkale Onsekiz Mart University (Turcja)
https://orcid.org/0000-0003-0622-7145
Hasan Kazak
Gulf University for Science and Technology (Turcja)
https://orcid.org/0000-0003-0699-5371
Abstrakt
Niepewność polityki może bezpośrednio wpływać na wyniki wdrażanych polityk. Dlatego ważne jest zmniejszenie niepewności polityki. Identyfikacja niepewności polityki i powiązanych czynników jest w tym względzie ważna. W niniejszym badaniu zbadano wpływ niepewności polityki gospodarczej i pieniężnej na niepewność polityki klimatycznej w Stanach Zjednoczonych. Związek między zmiennymi jest badany asymetrycznie przy użyciu miesięcznych danych z lat 1988-2022. Najpierw zastosowano rozszerzony test pierwiastka jednostkowego Dickeya-Fullera i rozszerzony test pierwiastka jednostkowego ułamkowej częstotliwości Fouriera. Asymetryczny test koherencji transformacji falkowej jest również używany do określenia kierunku i częstotliwości związku między zmiennymi. Asymetryczna analiza przyczynowości zmieniająca się w czasie została użyta do wymiaru przyczynowości. Istotny związek między niepewnością polityki gospodarczej, niepewnością polityki pieniężnej i niepewnością polityki klimatycznej zmienia się w różnych okresach.
Słowa kluczowe:
zrównoważony rozwój, nieprzewidywalność polityki, testy asymetryczneBibliografia
1. AMIN A., DOGAN E., 2021, The role of economic policy uncertainty in the energy-environment nexus for China: Evidence from the novel dynamic simulations method, Journal of Environmental Management 292: 112865, https://doi.org/10.1016/j.jenvman.2021.112865.
DOI: https://doi.org/10.1016/j.jenvman.2021.112865
Google Scholar
2. ANSER M.K., APERGIS N., SYED Q.R., 2021a, Impact of economic policy uncertainty on CO2 emissions: Evidence from top ten carbon emitter countries, Environmental Science and Pollution Research 28: 29369-29378.
DOI: https://doi.org/10.1007/s11356-021-12782-4
Google Scholar
3. ANSER M.K., SYED Q.R., LEAN H.H., ALOLA A.A., AHMAD M., 2021b, Do economic policy uncertainty and geopolitical risk lead to environmental degradation? Evidence from emerging economies, Sustainability 13: 5866, https://doi.org/10.3390/su13115866.
DOI: https://doi.org/10.3390/su13115866
Google Scholar
4. ASGARI H., MORIDIAN A., HAVASBEIGI F., 2023, Investigating the effect of economic policy uncertainty on CO2 emissions using TVP-FAVAR approach, International Journal of Nonlinear Analysis and Applications 14(1): 1963-1975.
Google Scholar
5. ASSAMOI R.G., WANG S., 2023, Asymmetric effects of economic policy uncertainty and environmental policy stringency on environmental quality: Evidence from China and the United States, Environmental Science and Pollution Research 30: 29996-30016.
DOI: https://doi.org/10.1007/s11356-022-24082-6
Google Scholar
6. BAKER S.R., BLOOM N., DAVIS S.J., 2016, Measuring economic policy uncertainty, The Quarterly Journal of Economics 131(4): 1593-1636.
DOI: https://doi.org/10.1093/qje/qjw024
Google Scholar
7. BOZOKLU S., YILANCI V., GORUS M.S., 2020, Persistence in per capita energy consumption: A fractional integration approach with a Fourier function, Energy Economics 91: 104926, https://doi.org/10.1016/j.eneco.2020.104926.
DOI: https://doi.org/10.1016/j.eneco.2020.104926
Google Scholar
8. CHU L.K., LE N.T.M., 2022, Environmental quality and the role of economic policy uncertainty, economic complexity, renewable energy, and energy intensity: The case of G7 countries, Environmental Science and Pollution Research 29(2): 2866-2882.
DOI: https://doi.org/10.1007/s11356-021-15666-9
Google Scholar
9. CHU L.K., DOĞAN B., ABAKAH E.J.A., GHOSH S., ALBENI M., 2023, Impact of economic policy uncertainty, geopolitical risk, and economic complexity on carbon emissions and ecological footprint: An investigation of the E7 countries, Environmental Science and Pollution Research 30: 34406-34427.
DOI: https://doi.org/10.1007/s11356-022-24682-2
Google Scholar
10. DENG W., ZHANG Z., ZHANG H., WANG L., 2024, Economic policy uncertainty and carbon emission intensity: Empirical evidence from China based on spatial metrology, Polish Journal of Environmental Studies 33(2): 1057-1071, https://doi.org/10.15244/pjoes/172039.
DOI: https://doi.org/10.15244/pjoes/172039
Google Scholar
11. ENDERS W., LEE J., 2012, The flexible Fourier form and Dickey-Fuller type unit root tests, Economics Letters 117(1): 196-199.
DOI: https://doi.org/10.1016/j.econlet.2012.04.081
Google Scholar
12. FAKHER A., KHURSHID S., NASEEM B., RASHID J., 2023, How does economic policy uncertainty affect green innovation?, Pakistan Journal of Humanities and Social Sciences 11(2): 955-963, https://doi.org/10.52131/pjhss.2023.1102.0406.
DOI: https://doi.org/10.52131/pjhss.2023.1102.0406
Google Scholar
13. FAROUQ I.S., SULONG Z., 2024, Economic policy uncertainty and renewable energy consumption: Evidence from oil-rich countries, Journal of Sustainability Science and Management 19(2): 150-172.
DOI: https://doi.org/10.46754/jssm.2024.02.008
Google Scholar
14. FU L., CHEN Y., XIA Q., MIAO J., 2022, Impact of economic policy uncertainty on carbon emissions: Evidence at China’s city level, Frontiers in Energy Research 10: 866217, https://doi.org/10.3389/fenrg.2022.866217.
DOI: https://doi.org/10.3389/fenrg.2022.866217
Google Scholar
15. HACKER R.S., HATEMI-J A., 2006, Tests for causality between integrated variables using asymptotic and bootstrap distributions: Theory and application, Applied Economics 38(13): 1489-1500.
DOI: https://doi.org/10.1080/00036840500405763
Google Scholar
16. HONG N.T.H., KIEN P.T., LINH H.G., THANH N.V.H., TUAN N.L., ANH P.D., 2024, Do climate policy uncertainty and economic policy uncertainty promote firms’ green activities? Evidence from an emerging market, Cogent Economics & Finance 12(1): 2307460, https://doi.org/10.1080/23322039.2024.2307460.
DOI: https://doi.org/10.1080/23322039.2024.2307460
Google Scholar
17. HUANG H., ALI S., SOLANGI Y.A., 2023, Analysis of the impact of economic policy uncertainty on environmental sustainability in developed and developing economies, Sustainability 15: 5860, https://doi.org/10.3390/su15075860.
DOI: https://doi.org/10.3390/su15075860
Google Scholar
18. HUSSAIN M., ARSHAD Z., BASHIR A., 2022, Do economic policy uncertainty and environment-related technologies help in limiting ecological footprint?, Environmental Science and Pollution Research 29: 46612-46619, https://doi.org/10.1007/s11356-022-19000-9.
DOI: https://doi.org/10.1007/s11356-022-19000-9
Google Scholar
19. IQBAL M., CHAND S., HAQ Z.U., 2023, Economic policy uncertainty and CO2 emissions: A comparative analysis of developed and developing nations, Environmental Science and Pollution Research 30: 15034-15043.
DOI: https://doi.org/10.1007/s11356-022-23115-4
Google Scholar
20. JIANG Y., ZHOU Z., LIU C., 2019, Does economic policy uncertainty matter for carbon emission? Evidence from US sector level data, Environmental Science and Pollution Research International 26: 24380-24394.
DOI: https://doi.org/10.1007/s11356-019-05627-8
Google Scholar
21. KATANALP B., SAĞLIK A.Ş., 2024, The contribution of the business, management and accounting literature to the UN sustainable development goals, Problemy Ekorozwoju/ Problems of sustainable Development 19(2), https://doi.org/10.35784/preko.6049.
DOI: https://doi.org/10.35784/preko.6049
Google Scholar
22. KUMAR R., PATHAK G.S., 2022, Corporate entrepreneurship in the pursuit of sustainable development: Creating a more sustainable future, Problemy Ekorozwoju/ Problems of Sustainable Development 17(2), https://doi.org/10.35784/pe.2022.2.18.
DOI: https://doi.org/10.35784/pe.2022.2.18
Google Scholar
23. LEI W., LIU L., HAFEEZ M., SOHAIL S., 2022, Do economic policy uncertainty and financial development influence the renewable energy consumption levels in China?, Environmental Science and Pollution Research 29: 7907-7916.
DOI: https://doi.org/10.1007/s11356-021-16194-2
Google Scholar
24. LENKA P., 2023, Philosophy of sustainable development: Understanding the significance of gender equality in business organisations, Problemy Ekorozwoju/ Problems of Sustainable Development 18(2), https://doi.org/10.35784/preko.3950.
DOI: https://doi.org/10.35784/preko.3950
Google Scholar
25. LIU J., LUO F., WANG J., 2019, Environmental uncertainty and investment in enterprise innovation activities: The moderating effect of government subsidies and integration of industry and finance, Business Management Journal 41(08): 21-39.
Google Scholar
26. LI S., SIU Y.W., ZHAO G., 2021, Driving factors of CO2 emissions: Further study based on machine learning, Frontiers in Environmental Science 9, https://doi.org/10.3389/fenvs.2021.721517.
DOI: https://doi.org/10.3389/fenvs.2021.721517
Google Scholar
27. MAO K., HUANG J., 2022, How does climate policy uncertainty affect green innovation? Evidence from China, International Journal of Environmental Research and Public Health 19: 15745, https://doi.org/10.3390/ijerph192315745.
DOI: https://doi.org/10.3390/ijerph192315745
Google Scholar
28. MUSHTAQ R., QADIRI B., LONE F.A., RAJA T.A., SINGH H., AHMED P., SHARMA R., 2023, Role of sericulture in achieving sustainable development goals, Problemy Ekorozwoju/ Problems of Sustainable Development 18(1), https://doi.org/10.35784/pe.2023.1.21.
DOI: https://doi.org/10.35784/pe.2023.1.21
Google Scholar
29. ODUGBESAN J.A., AGHAZADEH S., 2021, Environmental pollution and disaggregated economic policy uncertainty: Evidence from Japan, Pollution 7(4): 749-767.
Google Scholar
30. PENG X.-Y., ZOU X.-Y., ZHAO X.-X., CHANG C.-P., 2023, How does economic policy uncertainty affect green innovation?, Technological and Economic Development of Economy 29(1): 114-140, https://doi.org/10.3846/tede.2022.17760.
DOI: https://doi.org/10.3846/tede.2022.17760
Google Scholar
31. PIWOWARSKI J., YANKOVSKA L., KOSHOVYI B.-P., VON-NAGY I., YEVSTAKHEVYCH A., 2022, Empowering theory of poverty reduction for sustainable development: Does the welfare of descendants matter?, Problemy Ekorozwoju/ Problems of Sustainable Development 17(1), https://doi.org/10.35784/pe.2022.1.05.
DOI: https://doi.org/10.35784/pe.2022.1.05
Google Scholar
32. RAHMAN M.I., 2013, Climate change: A theoretical review, Interdisciplinary Description of Complex Systems 11(1): 1-13.
DOI: https://doi.org/10.7906/indecs.11.1.1
Google Scholar
33. SELMEY M.G., ELAMER A.A., 2023, Economic policy uncertainty, renewable energy and environmental degradation: Evidence from Egypt, Environmental Science and Pollution Research 30: 58603-58617.
DOI: https://doi.org/10.1007/s11356-023-26426-2
Google Scholar
34. SHAFIULLAH M., MIAH M.D., ALAM M.S., ATIF M., 2021, Does economic policy uncertainty affect renewable energy consumption?, Renewable Energy 179: 1500-1521, https://doi.org/10.1016/j.renene.2021.07.092.
DOI: https://doi.org/10.1016/j.renene.2021.07.092
Google Scholar
35. STANKOVIĆ S., ILIĆ B., RABRENOVIĆ M., 2024, Using the composite EEPSE green economy index to assess the progress of emerging economies in achieving the sustainable development goals, Problemy Ekorozwoju/ Problems of Sustainable Development 19(1), https://doi.org/10.35784/preko.5751.
DOI: https://doi.org/10.35784/preko.5751
Google Scholar
36. SU H., GENG Y., XIA X.-Q., WANG Q.-J., 2022, Economic policy uncertainty, social development, political regimes and environmental quality, International Journal of Environmental Research and Public Health 19: 2450, https://doi.org/10.3390/ijerph19042450.
DOI: https://doi.org/10.3390/ijerph19042450
Google Scholar
37. SYED Q.R., BOURI E., 2022, Impact of economic policy uncertainty on CO2 emissions in the US: Evidence from bootstrap ARDL approach, Journal of Public Affairs 22(3): e2595, https://doi.org/10.1002/pa.2595.
DOI: https://doi.org/10.1002/pa.2595
Google Scholar
38. SYED Q.R., BHOWMIK R., ADEDLOYIN F.F., ALOLA A.A., KHALID N., 2022, Do economic policy uncertainty and geopolitical risk surge CO2 emissions? New insights from panel quantile regression approach, Environmental Science and Pollution Research 29: 27845-27861.
DOI: https://doi.org/10.1007/s11356-021-17707-9
Google Scholar
39. TEE C.-M., WONG W.-Y., HOOY C.-W., 2023, Economic policy uncertainty and carbon footprint: International evidence, Journal of Multinational Financial Management 67: 100785, https://doi.org/10.1016/j.mulfin.2023.100785.
DOI: https://doi.org/10.1016/j.mulfin.2023.100785
Google Scholar
40. TORRENCE C., COMPO G.P., 1998, A practical guide to wavelet analysis, Bulletin of the American Meteorological Society 79(1): 61-78.
DOI: https://doi.org/10.1175/1520-0477(1998)079<0061:APGTWA>2.0.CO;2
Google Scholar
41. TORRENCE C., WEBSTER P.J., 1999, Interdecadal changes in the ENSO–Monsoon system, Journal of Climate 12(8): 2679-2690.
DOI: https://doi.org/10.1175/1520-0442(1999)012<2679:ICITEM>2.0.CO;2
Google Scholar
42. URSAVAŞ N., APAYDIN Ş., 2024, Environmental sustainability in developing countries: Does democracy matter?, Problemy Ekorozwoju/ Problems of Sustainable Development 19(1), https://doi.org/10.35784/preko.5749.
DOI: https://doi.org/10.35784/preko.5749
Google Scholar
43. VITENU‑SACKEY P.A., ACHEAMPONG T., 2022, Impact of economic policy uncertainty, energy intensity, technological innovation and R&D on CO2 emissions: Evidence from a panel of 18 developed economies, Environmental Science and Pollution Research International 29(60): 87426-87445.
DOI: https://doi.org/10.1007/s11356-022-21729-2
Google Scholar
44. XU Y., YANG Z., 2023, Economic policy uncertainty and green innovation based on the viewpoint of resource endowment, Technology Analysis & Strategic Management 35(7): 785.798, https://doi.org/10.1080/09537325.2021.1986213.
DOI: https://doi.org/10.1080/09537325.2021.1986213
Google Scholar
45. XUE C., SHAHBAZ M., AHMED Z., AHMAD M., SINHA A., 2022, Clean energy consumption, economic growth, and environmental sustainability: What is the role of economic policy uncertainty?, Renewable Energy 184: 899-907, https://doi.org/10.1016/j.renene.2021.12.006.
DOI: https://doi.org/10.1016/j.renene.2021.12.006
Google Scholar
46. YANG X., MAO S., SUN L., FENG C., XIA Y., 2022, The effect of economic policy uncertainty on green technology innovation: Evidence from China’s enterprises, Sustainability 14: 11522, https://doi.org/10.3390/su141811522.
DOI: https://doi.org/10.3390/su141811522
Google Scholar
47. YILANCI V., PATA U.K., 2022, COVID-19, stock prices, exchange rates and sovereign bonds: A wavelet-based analysis for Brazil and India, International Journal of Emerging Markets 18(11): 4968-4986, https://doi.org/10.1108/IJOEM-09-2021-1465.
DOI: https://doi.org/10.1108/IJOEM-09-2021-1465
Google Scholar
48. YILANCI V., URSAVAŞ U., GÜVEN T., 2023, Towards sustainable development: Revisiting the middle-income trap hypothesis for the Southern Common Market countries, Problemy Ekorozwoju/ Problems of Sustainable Development 18(2), https://doi.org/10.35784/preko.3949.
DOI: https://doi.org/10.35784/preko.3949
Google Scholar
49. ZHANG L., SHAO C., WANG J., 2023a, The time-varying effects of economic policy uncertainty and low-carbon economic transition on enterprise innovation in China, Frontiers in Environmental Science 11: 1208632, https://doi.org/10.3389/fenvs.2023.1208632.
DOI: https://doi.org/10.3389/fenvs.2023.1208632
Google Scholar
50. ZHANG M., ABBASI K.R., INUWA N., SINISI C.I., ALVARADO R., OZTURK I., 2023b, Does economic policy uncertainty, energy transition and ecological innovation affect environmental degradation in the United States?, Economic Research-Ekonomska Istraživanja 36(2): 2177698, https://doi.org/10.1080/1331677X.2023.2177698
DOI: https://doi.org/10.1080/1331677X.2023.2177698
Google Scholar
51. ZHU L., WANG Y., 2024, Entrepreneurship and carbon footprints in Sub-Saharan Africa, Problemy Ekorozwoju/ Problemy Ekorozwoju 19(1), https://doi.org/10.35784/preko.5759.
DOI: https://doi.org/10.35784/preko.5759
Google Scholar
Autorzy
Ahmet Tayfur Akcantayfurakcan@hotmail.com
Necmettin Erbakan University Turcja
https://orcid.org/0000-0001-8210-7327
Autorzy
Muhammad ShahbazBeijing Institute of Technology, School of Economics, Beijing Chiny
https://orcid.org/0000-0003-2391-6997
Autorzy
Hasan KazakGulf University for Science and Technology Turcja
https://orcid.org/0000-0003-0699-5371
Statystyki
Abstract views: 122PDF downloads: 18