Browsing by Author "Irshad, Shoaib"

Now showing 1 - 3 of 3

Citation - WoS: 297
Citation - Scopus: 294
The Nexus Between Urbanization, Renewable Energy Consumption, Financial Development, and Co2 Emissions: Evidence From Selected Asian Countries
(Springer, 2022) Anwar, Ahsan; Sinha, Avik; Sharif, Arshian; Siddique, Muhammad; Irshad, Shoaib; Anwar, Waseem; Malik, Summaira
In terms of attaining the objectives of Sustainable Development Goals (SDGs), the Asian economies are considered as laggards, and one of the major problems faced by these economies is the issue of environmental degradation. For addressing this pertaining issue, a policy-level reorientation might be necessary. In this view, this study aims to explore the impact of urbanization, renewable energy consumption, financial development, agriculture, and economic growth on CO2 emissions in 15 Asian economies over 1990-2014. The empirical evidence demonstrates that urbanization, financial development, and economic growth increase CO2 emissions, renewable energy consumption reduces CO2 emissions, and the impact of agriculture is insignificant. Impulse response function and variance decomposition techniques are used to test the causality among the variables. Based on the study outcomes, a comprehensive SDG-oriented policy framework has been recommended, so that these economies can make progression toward attaining the objectives of SDG 13 and SDG 7. This study contributed to the literature by recommending this SDG-oriented policy framework, which encapsulates economic growth and its drivers.
Retraction: The Nexus Between Urbanization, Renewable Energy Consumption, Financial Development, and CO2 Emissions: Evidence From Selected Asian Countries
(Springer, 2025) Anwar, Ahsan; Sinha, Avik; Sharif, Arshian; Siddique, Muhammad; Irshad, Shoaib; Anwar, Waseem; Malik, Summaira
Citation - WoS: 1
Volatility Spillovers From Us To Emerging Seven Stock Markets: Pre & Post Analysis of Gfc
(Int Journal Contemporary Economics & Administrative Sciences, 2021) Irshad, Shoaib; Khurshid, Muzammil; Badshah, Waqar; Bulut, Mehmet
This study is conducted to check volatility spillovers from the US to Emerging seven stock markets before and after the Global Financial Crisis through the VAR-GARCH model. The pre The Global Financial Crisis (GFC) sub-sample data ranges from January 8, 2002 to June 29, 2007 and Post GFC data starts from July 4, 2009 to December 28, 2014. The outcomes of the VAR-GARCH model show that there are significant volatility spillovers from US stock market to emerging seven stock markets in most cases. The correlations reveal that the US stock market is strongly correlated with the Brazilian stock exchange, Mexican stock exchange and Russian stock exchange. These findings suggest that investors may consider geographical proximity into consideration. The empirical results also mention that the Chinese stock market, the Indonesian stock market and Indian stock market have less effect by the volatility spillovers from the US stock market. The findings also demonstrate that the Brazilian, Mexican and Russian stock markets observed a rapid increase in the CCC with the US market.