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Asymmetric linkages between public-private partnership, environmental innovation, and transport emissions

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  • Li Liu
  • Ahsan Anwar
  • Esma Irmak
  • Irem Pelit

Abstract

No one denied the significant role of transportation infrastructure in economic development; however, it is also considered a major contributor to global warming. Therefore, to achieve sustainable development, it is imperative to transform the transport sector investment into low-carbon transportation choices. The public-private partnership investment in the transport sector could be proved a suitable tool for sustainable transport and efficiency. Therefore, we investigate the significance of public-private partnership investment (PPP) on transport emissions by incorporating the role of environmental innovation, economic growth, and population. Our preliminary findings confirm that all variables are abnormally distributed and embodied with structural breaks that distort true parameters in traditional regression. In compliance, we employ Quantile ARDL (QARDL) technique which provides more reliable results in case of non-normality, dynamic trends, and structural changes in data. The long-run empirical outcomes indicate that PPP reduces transport emissions mainly from middle (40th) to highest (95th) emissions quantiles. Similarly, environmental innovation reduces transport emissions from 60th to 95th quantiles. These results imply that the emissions-mitigating effect of PPP and environmental innovation is only pronounced at higher levels of transport emissions. The results provide valuable policy recommendations.

Suggested Citation

  • Li Liu & Ahsan Anwar & Esma Irmak & Irem Pelit, 2022. "Asymmetric linkages between public-private partnership, environmental innovation, and transport emissions," Economic Research-Ekonomska Istraživanja, Taylor & Francis Journals, vol. 35(1), pages 6519-6540, December.
    • Handle: RePEc:taf:reroxx:v:35:y:2022:i:1:p:6519-6540
    DOI: 10.1080/1331677X.2022.2049979
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    Cited by:

    1. Yu, Zhong, 2024. "Do natural resources promote carbon neutrality: The role of green finance," Resources Policy, Elsevier, vol. 88(C).
    2. Shabir Mohsin Hashmi & Xuyou Yu & Qasim Raza Syed & Li Rong, 2024. "Testing the environmental Kuznets curve (EKC) hypothesis amidst climate policy uncertainty: sectoral analysis using the novel Fourier ARDL approach," Environment, Development and Sustainability: A Multidisciplinary Approach to the Theory and Practice of Sustainable Development, Springer, vol. 26(7), pages 16503-16522, July.
    3. Feng Dong & Jingyun Li & Zhicheng Li & Yuhuan Chen & Lu Zheng & Bin Lu & Yajie Liu, 2024. "Exploring synergistic decoupling of haze pollution and carbon emissions in emerging economies: fresh evidence from China," Environment, Development and Sustainability: A Multidisciplinary Approach to the Theory and Practice of Sustainable Development, Springer, vol. 26(7), pages 17281-17318, July.
    4. Zhou, Bingjun & Huang, Yan & Gao, Ke & Luo, Chunyang, 2024. "How geopolitical risk and economic policy uncertainty impact coal, natural gas, and oil rent? Evidence from China," Resources Policy, Elsevier, vol. 88(C).
    5. Sun, Yizhong & Jin, Keyan & Wang, Deyong & Wu, Qingyang & Li, Zhezhou, 2023. "Revisiting the natural resources-financial development nexus in China: The importance of economic policy uncertainty," Resources Policy, Elsevier, vol. 86(PB).
    6. Ye, Maoran & Tang, Ling & Huang, Lin & Li, Mei, 2023. "On conflict of natural resources-carbon emissions nexus in China: The role of economic policy uncertainty," Resources Policy, Elsevier, vol. 86(PB).
    7. Xin, Liguo & Ahmad, Manzoor & Khattak, Shoukat Iqbal, 2023. "Impact of innovation in hybrid electric vehicles-related technologies on carbon dioxide emissions in the 15 most innovative countries," Technological Forecasting and Social Change, Elsevier, vol. 196(C).

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