Does inflation instability affect environmental pollution? Fresh evidence from Asian economies

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dc.authoridMajeed, Muhammad Tariq/0000-0001-9374-5025
dc.authoridOzturk, Ilhan/0000-0002-6521-0901
dc.contributor.authorAhmad, Waheed
dc.contributor.authorUllah, Sana
dc.contributor.authorOzturk, Ilhan
dc.contributor.authorMajeed, Muhammad Tariq
dc.date.accessioned2025-03-07T20:12:55Z
dc.date.available2025-03-07T20:12:55Z
dc.date.issued2021
dc.departmentÇağ Üniversitesi
dc.description.abstractThe present study examines the linkage between inflation instability and pollution emissions for the 40 Asian economies over the period of 1990-2018. However, a limited number of researches investigate the linkage between inflation instability and the environment. For empirical analysis, econometric methods namely cross-sectional test statistics for examining the dependency, cross-sectionally augmented Dickey-Fuller (CADF) and cross-sectional Im, Pesaran, and Shin (CIPS) for the panel unit root, Westerlund technique for the long-run relationship, and Fully Modified Ordinary Least Square (FMOLS) to estimate the long-run coefficients have adopted. Additionally, the Dumitrescu and Hurlin panel causality test is applied to investigate the causal nexus among the panel data series. The empirical finding depicts that inflation instability improves environmental performance implying that higher price volatility creates uncertainty that discourages investment projects and consumption, hence improves environmental quality. However, the results indicate that financial development stimulates pollution emissions and degrades environmental condition. Based on these findings, the study opens up innovative intuitions for policymakers to support a robust role of economic stability in attaining targets relevant to pollution reduction.
dc.identifier.doi10.1177/0958305X20971804
dc.identifier.endpage1291
dc.identifier.issn0958-305X
dc.identifier.issn2048-4070
dc.identifier.issue7
dc.identifier.scopus2-s2.0-85095583629
dc.identifier.scopusqualityQ1
dc.identifier.startpage1275
dc.identifier.urihttps://doi.org/10.1177/0958305X20971804
dc.identifier.urihttps://hdl.handle.net/20.500.12507/2814
dc.identifier.volume32
dc.identifier.wosWOS:000627529900001
dc.identifier.wosqualityQ3
dc.indekslendigikaynakWeb of Science
dc.indekslendigikaynakScopus
dc.language.isoen
dc.publisherSage Publications Ltd
dc.relation.ispartofEnergy & Environment
dc.relation.publicationcategoryMakale - Uluslararası Hakemli Dergi - Kurum Öğretim Elemanı
dc.rightsinfo:eu-repo/semantics/closedAccess
dc.snmzKA_WoS_20241226
dc.subjectInflation instability
dc.subjectCO2 emissions
dc.subjectFully Modified Ordinary Least Square (FMOLS)
dc.subjectAsian economies
dc.titleDoes inflation instability affect environmental pollution? Fresh evidence from Asian economies
dc.typeArticle

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