Sudharshan Reddy Paramati , Md Safiullah , Ugur Soytas
{"title":"Does geopolitical risk increase carbon emissions and public health risk?","authors":"Sudharshan Reddy Paramati , Md Safiullah , Ugur Soytas","doi":"10.1016/j.eneco.2025.108235","DOIUrl":null,"url":null,"abstract":"<div><div>In recent years, geopolitical risk has been on the rise and it has numerous economic consequences. Given that this paper aims to investigate the environmental and public health consequences of geopolitical risk. More specifically, we examine the effect of geopolitical risk on carbon emissions and their combined impact on public health risk. Using data from a sample of 17 countries spanning the period 1990–2018, and the generalized quantile regression and panel corrected standard errors methods, our study documents that geopolitical risk raises carbon emissions and these two together amplify public health risks in the selected sample countries. Our results are robust in alternative model specifications and hold after controlling for foreign direct investment inflows, financial development, internationalization of trade, per capita income, and total population. Given that, these findings offer important policy implications and add a new dimension to the empirical literature.</div></div>","PeriodicalId":11665,"journal":{"name":"Energy Economics","volume":"143 ","pages":"Article 108235"},"PeriodicalIF":14.2000,"publicationDate":"2025-01-23","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"0","resultStr":null,"platform":"Semanticscholar","paperid":null,"PeriodicalName":"Energy Economics","FirstCategoryId":"96","ListUrlMain":"https://www.sciencedirect.com/science/article/pii/S0140988325000581","RegionNum":2,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"Q1","JCRName":"ECONOMICS","Score":null,"Total":0}
引用次数: 0
Abstract
In recent years, geopolitical risk has been on the rise and it has numerous economic consequences. Given that this paper aims to investigate the environmental and public health consequences of geopolitical risk. More specifically, we examine the effect of geopolitical risk on carbon emissions and their combined impact on public health risk. Using data from a sample of 17 countries spanning the period 1990–2018, and the generalized quantile regression and panel corrected standard errors methods, our study documents that geopolitical risk raises carbon emissions and these two together amplify public health risks in the selected sample countries. Our results are robust in alternative model specifications and hold after controlling for foreign direct investment inflows, financial development, internationalization of trade, per capita income, and total population. Given that, these findings offer important policy implications and add a new dimension to the empirical literature.
期刊介绍:
Energy Economics is a field journal that focuses on energy economics and energy finance. It covers various themes including the exploitation, conversion, and use of energy, markets for energy commodities and derivatives, regulation and taxation, forecasting, environment and climate, international trade, development, and monetary policy. The journal welcomes contributions that utilize diverse methods such as experiments, surveys, econometrics, decomposition, simulation models, equilibrium models, optimization models, and analytical models. It publishes a combination of papers employing different methods to explore a wide range of topics. The journal's replication policy encourages the submission of replication studies, wherein researchers reproduce and extend the key results of original studies while explaining any differences. Energy Economics is indexed and abstracted in several databases including Environmental Abstracts, Fuel and Energy Abstracts, Social Sciences Citation Index, GEOBASE, Social & Behavioral Sciences, Journal of Economic Literature, INSPEC, and more.