The main purpose of this research is to investigate the effect of oil rent and geopolitical risk (GPR) and also, the interactive effect of these two variables on carbon emissions in oil exporting countries. For this purpose, the statistical information of 25 oil-exporting countries during the years 2000-2021 has been used in the form of panel data analysis method including panel co-integration with cross-sectional dependence and fixed effects estimator (FE). The results indicate the positive effect of oil rent on CO2 emissions and confirm the carbon curse hypothesis in the studied countries; in such a way that with a one percent increase in the share of oil rent from GDP, CO2 emissions will increase by about 0.09 percent. Also, the interactive effect of oil rent and the GPR index on CO2 emissions is positive, indicating that the negative environmental effects of oil rent increase when oil exporting economies are exposed to geopolitical risks. The robustness of the obtained experimental results has been confirmed by separating the oil exporting countries into two categories countries with GPR above the sample average (first category) and countries with GPR lower than the sample average (second category). Based on this, the results show that the positive effect of oil rent on CO2 emissions in the first-category countries is much higher than in the countries of the second category. According to other results, renewable energy consumption has a negative effect on CO2 emissions, and the environmental Kuznets curve (EKC) hypothesis is confirmed for the studied countries.
Golkhandan, A., & Jahangiri, L. (2024). The Interactive Effect of Geopolitical Risk and Oil Rent on Carbon Emissions in Oil Exporting Countries. Public Sector Economics Studies, (), -. doi: 10.22126/pse.2024.10509.1118
MLA
Abolghasem Golkhandan; Leila Jahangiri. "The Interactive Effect of Geopolitical Risk and Oil Rent on Carbon Emissions in Oil Exporting Countries". Public Sector Economics Studies, , , 2024, -. doi: 10.22126/pse.2024.10509.1118
HARVARD
Golkhandan, A., Jahangiri, L. (2024). 'The Interactive Effect of Geopolitical Risk and Oil Rent on Carbon Emissions in Oil Exporting Countries', Public Sector Economics Studies, (), pp. -. doi: 10.22126/pse.2024.10509.1118
VANCOUVER
Golkhandan, A., Jahangiri, L. The Interactive Effect of Geopolitical Risk and Oil Rent on Carbon Emissions in Oil Exporting Countries. Public Sector Economics Studies, 2024; (): -. doi: 10.22126/pse.2024.10509.1118
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