Template-Type: ReDIF-Article 1.0
Author-Name: Mostafa Karimzadeh
Author-Name-First: Mostafa
Author-Name-Last: Karimzadeh
Author-Email: m.karimzadeh@um.ac.ir
Author-Workplace-Name: Faculty of Economic and Administrative Sciences, Ferdowsi University of Mashhad, Mashhad, Iran.
Author-Name: Saleh Taheri Bazkhaneh
Author-Name-First: Saleh
Author-Name-Last: Taheri Bazkhaneh
Author-Email: saleh.taheri@ymail.com
Author-Workplace-Name: Economics and Planning, Ferdowsi University of Mashhad, Mashhad, Iran.
Author-Name: Hasan Kamali Dalfardi
Author-Name-First: Hasan
Author-Name-Last: Kamali Dalfardi
Author-Email: hankamali13@gmail.com
Author-Workplace-Name: Economic Development and Planning, Ferdowsi University of Mashhad, Mashhad, Iran.
Author-Name: Mohammadreza Barakchian
Author-Name-First: Mohammadreza
Author-Name-Last: Barakchian
Author-Email: mohammadreza.barakchian@gmail.com
Author-Workplace-Name: Ferdowsi University of Mashhad, Mashhad, Iran.
Title: Studying the Relationship Between Financial Development and Emissions of Carbon Dioxide in Iran: Using Autoregressive-Distributed Lag
Abstract: The emissions of air pollutants and its consequences, particularly in the present conditions that the volume of these pollutants is increasing with an upward trend have drawn more attentions to dealing with its destructive effects. In this regard, financial development serves as a channel for modern technology compatible with environment. Financial development is capable of having direct role in energy consumption and consequently emissions of CO2. Accordingly, this research deals with the examining of financial development's effects on emissions of CO2 during 1973-2009 in Iran. In order to achieve the main objective of research, ARDL is used. The results of estimation prove the negative long term relationship between financial improvement and emissions of CO2. In addition, the results also show that there is a positive long term relationship between GDP, Energy intensity and the degree of economic openness with emissions of CO2.
Classification-JEL: JEL
Keywords: Financial Development; Development Economics; Environmental Economics; Economy of Iran; ARDL
Journal: International Journal of Resistive Economics
Pages: 13-26
Volume: 3
Issue: 2
Year: 2015
Month: July
File-URL: https://www.oajre.ir/article_122061_43f6ad5835936e990988aa431a209226.pdf
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File-Function: Full text
File-URL: https://www.oajre.ir/article_122061.html
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Handle: RePEc:trd:journl:122061