Mapping the composite institutional dynamics risks and spatial spillover effects on environmental sustainability in 28 Asian economies
This study emphasizes the impact of economic, financial, and political institutions on environmental sustainability across 28 Asian countries from 1995 to 2022. Using a spatial Durbin model, we analyzed the direct effects of these institutional factors within each country as well as their spatial sp...
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| Format: | Article |
| Language: | English |
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Elsevier
2024-12-01
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| Series: | Sustainable Futures |
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| Online Access: | http://www.sciencedirect.com/science/article/pii/S2666188824002223 |
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| author | ZAMIR ALI MOHAMMAD ANWAR ALI CHOO MUBASHIR HAYAT |
| author_facet | ZAMIR ALI MOHAMMAD ANWAR ALI CHOO MUBASHIR HAYAT |
| author_sort | ZAMIR ALI |
| collection | DOAJ |
| description | This study emphasizes the impact of economic, financial, and political institutions on environmental sustainability across 28 Asian countries from 1995 to 2022. Using a spatial Durbin model, we analyzed the direct effects of these institutional factors within each country as well as their spatial spillover effects on neighboring nations. Our findings demonstrate the interconnectedness of environmental risks and the broader regional implications. This highlights the critical need for collaborative policy initiatives at the regional level to promote environmental sustainability. The results provide important insights for policymakers and international organizations seeking to address environmental sustainability in an increasingly globalized context. By emphasizing the role of institutions and spatial interdependencies, this research offers a nuanced understanding of the drivers of emissions in Asia and the potential for coordinated action to mitigate climate change. |
| format | Article |
| id | doaj-art-14a26e320f3743439dfbe35d5af2cc5c |
| institution | OA Journals |
| issn | 2666-1888 |
| language | English |
| publishDate | 2024-12-01 |
| publisher | Elsevier |
| record_format | Article |
| series | Sustainable Futures |
| spelling | doaj-art-14a26e320f3743439dfbe35d5af2cc5c2025-08-20T02:37:03ZengElsevierSustainable Futures2666-18882024-12-01810037310.1016/j.sftr.2024.100373Mapping the composite institutional dynamics risks and spatial spillover effects on environmental sustainability in 28 Asian economiesZAMIR ALI0MOHAMMAD ANWAR1ALI CHOO2MUBASHIR HAYAT3School of Statistics and Mathematics, Zhejiang Gongshang Univeristy, Hangzhou 310018, ChinaSchool of Public Affairs, Zhejiang Gongshang Univeristy, Hangzhou 310018, China; Corresponding author.School of Clinical Medicine, The University of Hong Kong, SAR, ChinaInstitute of Numerical Science, Kohat University of Science and Technology, Kohat 26000, PakistanThis study emphasizes the impact of economic, financial, and political institutions on environmental sustainability across 28 Asian countries from 1995 to 2022. Using a spatial Durbin model, we analyzed the direct effects of these institutional factors within each country as well as their spatial spillover effects on neighboring nations. Our findings demonstrate the interconnectedness of environmental risks and the broader regional implications. This highlights the critical need for collaborative policy initiatives at the regional level to promote environmental sustainability. The results provide important insights for policymakers and international organizations seeking to address environmental sustainability in an increasingly globalized context. By emphasizing the role of institutions and spatial interdependencies, this research offers a nuanced understanding of the drivers of emissions in Asia and the potential for coordinated action to mitigate climate change.http://www.sciencedirect.com/science/article/pii/S2666188824002223Environmental sustainabilityComposite institutional risksSpatial effectsSpatial durbin modelAsian economies |
| spellingShingle | ZAMIR ALI MOHAMMAD ANWAR ALI CHOO MUBASHIR HAYAT Mapping the composite institutional dynamics risks and spatial spillover effects on environmental sustainability in 28 Asian economies Sustainable Futures Environmental sustainability Composite institutional risks Spatial effects Spatial durbin model Asian economies |
| title | Mapping the composite institutional dynamics risks and spatial spillover effects on environmental sustainability in 28 Asian economies |
| title_full | Mapping the composite institutional dynamics risks and spatial spillover effects on environmental sustainability in 28 Asian economies |
| title_fullStr | Mapping the composite institutional dynamics risks and spatial spillover effects on environmental sustainability in 28 Asian economies |
| title_full_unstemmed | Mapping the composite institutional dynamics risks and spatial spillover effects on environmental sustainability in 28 Asian economies |
| title_short | Mapping the composite institutional dynamics risks and spatial spillover effects on environmental sustainability in 28 Asian economies |
| title_sort | mapping the composite institutional dynamics risks and spatial spillover effects on environmental sustainability in 28 asian economies |
| topic | Environmental sustainability Composite institutional risks Spatial effects Spatial durbin model Asian economies |
| url | http://www.sciencedirect.com/science/article/pii/S2666188824002223 |
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