The Relationship Between Military Expenditures, Financial Development and Environmental Pollution in G7 Countries

被引:8
|
作者
Konuk, Filiz [1 ]
Kaya, Emine [2 ]
Akpinar, Sema [3 ]
Yildiz, Sule [1 ]
机构
[1] Sakarya Univ, Fac Business, Dept Business & Adm, Sakarya, Turkiye
[2] Bingol Univ, Social Sci Vocat Sch, Dept Off Serv & Secretarial, Bingol, Turkiye
[3] Sakarya Univ, Fac Business, Dept Hlth Adm, Sakarya, Turkiye
关键词
Military expenditure; Financial development; Carbon footprint; RENEWABLE ENERGY-CONSUMPTION; FOREIGN DIRECT-INVESTMENT; CARBON-DIOXIDE EMISSIONS; ECONOMIC-GROWTH EVIDENCE; CO2; EMISSIONS; KUZNETS CURVE; ECOLOGICAL FOOTPRINTS; PANEL COINTEGRATION; IMPACT; MILITARIZATION;
D O I
10.1007/s13132-023-01122-1
中图分类号
F [经济];
学科分类号
02 ;
摘要
This study has been carried out to identify the relationship between military expenditures (MILEX), energy consumption (FOSSIL), financial development (FD) and environmental pollution (CAFP) for G7 countries. Panel data analysis was conducted using annual data for the 1971-2019 period. The results revealed that military expenditures, financial development and energy consumption are long-term determinants of environmental pollution. The study also found that FD had the greatest long-term impact on CAFP followed by FOSSIL and MILEX in that order, and that this impact was statistically significant and positive for FOSSIL and FD and negative for MILEX. A country-by-country evaluation showed that the country in which financial development and energy consumption have the greatest impact on the amount of carbon released into the environment is the USA, while the country in which the impact of military expenditures on the amount of carbon released into the environment is greatest in Germany.
引用
收藏
页码:1087 / 1102
页数:16
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