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Rule of Law, Control of Corruption and CO2 Emissions in Pakistan

Author

Listed:
  • Haider Mahmood

    (Associate Professor, Department of Finance, College of Business Administration, Prince Sattam Bin Abdulaziz University, 173 Alkharj 11942, Saudi Arabia.)

  • Shafiqul Hassan

    (College of Law, Prince Sultan University, Riyadh, Saudi Arabia)

  • Muhammad Tanveer

    (Prince Sultan University, Rafah Street 11586, Riyadh, Saudi Arabia)

  • Maham Furqan

    (School of Public Policy, Oregon State University, Corvallis, OR 97331, USA)

Abstract

The rule of law (ROL) and control of corruption (COC) would play an effective role in managing CO2 emissions in Pakistan. The present research has explored this issue in Pakistan controlling economic growth during 1996-2019. Further, the unit root and cointegration tests are used. We found the long and short-run relationships in the model. Economic growth has a positive effect on CO2 emissions. The ROL could not impact in the long run and negatively impacts in the short run. Hence, improving law and order conditions would reduce CO2 emissions in the short run, and further improvements in the ROL could have pleasant long-run environmental effects. The COC has a positive impact on CO2 emissions in the long run. However, the short-run effects of COC with first and second lags are found negative.

Suggested Citation

  • Haider Mahmood & Shafiqul Hassan & Muhammad Tanveer & Maham Furqan, 2022. "Rule of Law, Control of Corruption and CO2 Emissions in Pakistan," International Journal of Energy Economics and Policy, Econjournals, vol. 12(4), pages 72-77, July.
    • Handle: RePEc:eco:journ2:2022-04-10
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    References listed on IDEAS

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    Cited by:

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    More about this item

    Keywords

    The rule of law; control of corruption; economic growth; CO2 emissions;
    All these keywords.

    JEL classification:

    • E02 - Macroeconomics and Monetary Economics - - General - - - Institutions and the Macroeconomy
    • O43 - Economic Development, Innovation, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - Institutions and Growth
    • Q53 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Air Pollution; Water Pollution; Noise; Hazardous Waste; Solid Waste; Recycling

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