Moving towards the path of environmental sustainability in Developing-8 countries: investigating the role of country’s reputation in mitigating environmental externalities

dc.authorid0000-0002-6459-9898en_US
dc.contributor.authorAdikpo, Janet Aver
dc.contributor.authorUsman, Ojonugwa
dc.date.accessioned2023-11-13T13:07:45Z
dc.date.available2023-11-13T13:07:45Z
dc.date.issued2023en_US
dc.departmentFakülteler, İşletme Fakültesi, İktisat Bölümüen_US
dc.description.abstractA country’s reputation plays a crucial role in shaping public perceptions, attracting investment and promoting economic development. At the same time, good governance is essential for promoting environmental sustainability and addressing pressing environmental issues such as climate change, pollution and natural resource depletion. This study examines the impact of a country’s reputation on environmental sustainability in Developing-8 countries using panel data obtained from the Worldwide Governance Indicators and World Development Indicators for the duration from 1996 to 2020. This panel study adopted the Method of Moment Quantile Regression with fxed efects and mean-based regressions. The results demonstrated that the impact of the country’s reputation index on carbon dioxide (CO2) emissions is negative, yet signifcant. Also, all the country’s reputation indicators negatively afect CO2 emissions, but the case of political stability is only signifcant in the mid-quantiles, while government efectiveness is albeit insignifcant across quantiles. Furthermore, economic growth is observed to stimulate CO2 emissions, while renewable energy consumption decreases CO2 emissions. These results have an inherent heterogeneity, culminating in an asymmetric pattern of the distribution of CO2 emissions. The novelty of this study is, frstly, the construction of a country’s composite reputation index for Developing-8 countries; and secondly, assessing the impact of this index in mitigating environmental externalities measured by CO2 emissions. Based on these fndings, it is recommended, among other things, the need for the D-8 countries to improve their reputation policy to be able to attain the desired environmental sustainability.en_US
dc.identifier.doi10.1007/s11356-023-29883-xen_US
dc.identifier.endpage109799en_US
dc.identifier.issue50en_US
dc.identifier.pmid37776426en_US
dc.identifier.scopus2-s2.0-85173001138en_US
dc.identifier.scopusqualityN/Aen_US
dc.identifier.startpage109784en_US
dc.identifier.urihttps://hdl.handle.net/11467/7027
dc.identifier.urihttps://doi.org/10.1007/s11356-023-29883-x
dc.identifier.volume30en_US
dc.identifier.wosWOS:001078239900012en_US
dc.identifier.wosqualityN/Aen_US
dc.indekslendigikaynakWeb of Scienceen_US
dc.indekslendigikaynakScopusen_US
dc.indekslendigikaynakPubMeden_US
dc.language.isoenen_US
dc.publisherSpringeren_US
dc.relation.ispartofEnvironmental Science and Pollution Researchen_US
dc.relation.publicationcategoryMakale - Uluslararası Hakemli Dergi - Kurum Öğretim Elemanıen_US
dc.rightsinfo:eu-repo/semantics/embargoedAccessen_US
dc.subjectCountry reputation, Environmental externality, Sustainable development, Renewable energy, CO2 emissions, D-8 countriesen_US
dc.titleMoving towards the path of environmental sustainability in Developing-8 countries: investigating the role of country’s reputation in mitigating environmental externalitiesen_US
dc.typeArticleen_US

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