Table 1 Summary of the literature on PCI.
Panel | Author | Sample countries | Period | PCI indicator | Approach | Outcome |
|---|---|---|---|---|---|---|
Panel A: Energy | Bhattacharya et al.23 | 85 developed and developing | 1991–2012 | REC | GMM, FMOLS | REC ↓ CO2 |
Akram et al.44 | 66 developing | 1990–2014 | REC | FE, PQR | REC ↓ CO2 | |
Saidi and Omri49 | 15 OECD | 1990–2018 | REC | VECM | REC ↓ CO2 | |
Hasanov et al.45 | BRICS | 1990–2017 | REC | CS-ARDL | REC ↓ CO2 | |
Khan et al.6 | BRICS | 1990–2019 | REC | GLS, PCSE | REC ↓ CO2 | |
Hasanov et al.47 | 20 RECAI | 1990–2018 | REC | AMG, CCEMG | REC ↓ CO2 | |
Mukhtarov7 | Türkiye | 1990–2019 | REC | ARDL | REC ↓ CO2 | |
Mukhtarov et al.50 | Canada | 1996–2021 | REC | FMOLS | REC ↓ CO2 | |
Panel B: Human capital | Khan et al.51 | 7 OECD | 1990–2018 | Human Capital | CS-ARDL | HC ↓ CO2 |
Isiksal et al.52 | Central Asian | 1995–2018 | Human Capital | PMG | HC ↓ CO2 | |
Panel C: ICT | Zhang and Liu22 | China | 2000–2010 | ICT | FGLS | ICT ↓ CO2 |
Danish et al.43 | N-11 countries | 1990–2015 | ICT | AMG | ICT ↓ CO2 | |
Haseeb et al.53 | BRICS | 1994–2014 | ICT | DSUR | ICT ↑ CO2 | |
Raheem et al.25 | G7 | 1990–2014 | ICT | PMG | ICT ↑ CO2 | |
Khan et al.6 | BRICS | 1990–2019 | ICT | GLS, PCSE | ICT ↓ CO2 | |
Li et al.54 | BRI | 2007–2015 | ICT | GMM | ICT ↑ CO2 | |
Panel D: Institutions | Ahmed and Wang55 | Pakistan | 1996–2018 | IQ | ARDL | IQ ↓ CO2 |
Ali et al.56 | 47 developing | 2004–2010 | IQ | GMM | IQ ↓ CO2 | |
Khan et al.57 | 188 | 2002–2018 | IQ | GMM | IQ ↓ CO2 | |
Obobisa et al.58 | 25 African | 2000–2018 | IQ | CCEMG, AMG | IQ ↑ CO2 | |
Mukhtarov et al.50 | Canada | 1996–2021 | IQ | FMOLS | IQ ↓ CO2 | |
Panel E: Structural change | Adebayo et al.13 | Türkiye | 1965–2019 | Structural Change | NARDL | SC ↓ CO2 |
Panel F: Transport | Ben Jebli and Hadhri24 | Top 10 international tourism | 1995–2013 | Transportation | FMOLS, DOLS | TS ↓ CO2 |
Khan et al.59 | Asian developing | 2001–2017 | Transportation | FMOLS, DOLS | TR ↑ CO2 | |
Godil et al.60 | USA | 2000/1-2019/8 | Transportation | QARDL | TS ↓ CO2 | |
Sharif et al.61 | Malaysia | 1995–2018 | Transportation | QARDL | TR ↑ CO2 | |
Panel G: Aggregated PCI | Lin et al.14 | 40 developing BRI host | 2000–2018 | PCI | GMM, FGLS | PCI ↓ CO2 |
Oluc et al.15 | 38 OECD | 2000–2018 | PCI | PMG-ARDL | PCI ↓ CO2 |