Does fiscal policy spur environmental issues? New evidence from selected developed countries

dc.contributor.authorOzmen, I
dc.contributor.authorOzcan, G.
dc.contributor.authorOzcan, C. C.
dc.contributor.authorBekun, F., V
dc.date.accessioned2024-02-23T14:00:09Z
dc.date.available2024-02-23T14:00:09Z
dc.date.issued2022
dc.departmentNEÜen_US
dc.description.abstractIn this study, we investigate the effects of fiscal policies on the environment with annual frequency period from 1972 to 2017 data for countries such as Australia, Chile, Finland, the UK, and Sweden. This study leverages on second-generation unit root tests, bootstrap cointegrated test, and long-run coefficient estimators suitable for heterogeneous panels under review. Empirical results of the long-run coefficient estimators are consistent with economic-environmental intuition and extant literature. However, in terms of fiscal policy, these results do not provide any evidence of the expected mitigating effects on environmental pollution in any country. Our main findings show that revenue policy does not go beyond funding government expenditure in these countries. Based on these results, we propose two new concepts to the literature on carbon taxes. We call these concepts New Environmental Sin Taxes and Global Environmental Debts. We base this result on the argument that regional solutions to global problems are insufficient.en_US
dc.identifier.doi10.1007/s13762-022-03907-4
dc.identifier.endpage10844en_US
dc.identifier.issn1735-1472
dc.identifier.issn1735-2630
dc.identifier.issue11en_US
dc.identifier.scopus2-s2.0-85122987816en_US
dc.identifier.scopusqualityQ1en_US
dc.identifier.startpage10831en_US
dc.identifier.urihttps://doi.org/10.1007/s13762-022-03907-4
dc.identifier.urihttps://hdl.handle.net/20.500.12452/11466
dc.identifier.volume19en_US
dc.identifier.wosWOS:000742275700002en_US
dc.identifier.wosqualityQ3en_US
dc.indekslendigikaynakWeb of Scienceen_US
dc.indekslendigikaynakScopusen_US
dc.language.isoenen_US
dc.publisherSpringeren_US
dc.relation.ispartofInternational Journal Of Environmental Science And Technologyen_US
dc.relation.publicationcategoryMakale - Uluslararası Hakemli Dergi - Kurum Öğretim Elemanıen_US
dc.rightsinfo:eu-repo/semantics/closedAccessen_US
dc.subjectCross-Section Dependenceen_US
dc.subjectEnvironmental Taxen_US
dc.subjectFiscal Policyen_US
dc.subjectHeterogeneous Panelen_US
dc.titleDoes fiscal policy spur environmental issues? New evidence from selected developed countriesen_US
dc.typeArticleen_US

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