Sustainable Development: Impact of FDI and Corruption Mitigation Within BRI Nations-Reference-Cited by-同舟云学术

Sustainable Development: Impact of FDI and Corruption Mitigation Within BRI Nations

Published:2024-05-08 Issue:04 Volume:23 Page:
ISSN:0219-4775
Container-title:Fluctuation and Noise Letters
language:en
Short-container-title:Fluct. Noise Lett.

Author:

Khalid Zameer¹,Ye Li Jin¹,Muhammad Tufail²³,Uddin Maaz⁴,Zaman Khalid⁵⁶,Ullah Inam⁷^ORCID,Ghadi Yazeed Yasin⁸,Alwabli Abdullah⁹

Affiliation:

1. School of Economics and Management, Xinjiang University, Shengli lu Urumqi, P. R. China

2. School of Economics, Beijing Technology and Business University, Beijing, 100048, P. R. China

3. Department of Economics, University of Malakand, Chakdara Dir Lower, Pakistan

4. Department of Commerce, Bahauddin Zakariya University Multan, Punjab, Pakistan

5. Institute of Intelligent Manufacturing, Shenzhen Polytechnic University, 4089 Shahe West Road, Shenzhen, 518055, P. R. China

6. Shenzhen Institutes of Advanced Technology, Chinese Academy of Sciences, Shenzhen 518055, P. R. China

7. Department of Computer Engineering, Gachon University, Seongnam 13120, Republic of Korea

8. Department of Computer Science, Al Ain University, P. O. Box 112612, Abu Dhabi, United Arab Emirates

9. Department of Electrical Engineering, College of Engineering and Computing in Al-Qunfudhah, Umm al-Qura University, Mecca, Saudi Arabia

Abstract

This study examines the effects of foreign direct investment (FDI), corruption mitigation, stock market, e-commerce and energy consumption on environmental quality in 54 countries along the Belt and Road Initiative (BRI) from 1996 to 2016. Using various econometric techniques, the study finds that anti-corruption efforts and financial development have positive impacts on environmental quality, while economic growth, FDI and urbanization have negative impacts. This study also reveals that FDI and corruption control have a significant interaction effect on CO2 emissions. This study provides important insights and policy implications for achieving sustainable development in BRI countries.

Publisher

World Scientific Pub Co Pte Ltd

Link

https://www.worldscientific.com/doi/pdf/10.1142/S0219477524500457

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