Examining the Relationship between Economic Growth, Financial Development, and Carbon Emissions: A Review of the Literature and Scientometric Analysis


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Authors

  • Umar Nawaz Kayani College of Business, Al Ain University, Abu Dhabi, United Arab Emirates,
  • Misbah Sadiq College of Business Administration, Umm Al Quwain University, United Arab Emirates,
  • Mustafa Raza Rabbani Department of Accounting and Finance, British University of Bahrain, Kingdom of Bahrain,
  • Ahmet Faruk Aysan Hamad Bin Khalifa University, College of Islamic Studies, Qatar Foundation, Qatar.
  • Farrukh Nawaz Kayani Director Finance & Accounts, Saffron International, Islamabad, Pakistan.

DOI:

https://doi.org/10.32479/ijeep.14278

Keywords:

Economic development, Pollution, Financial growth, Environmental Quality, Carbon footprint, Economy-carbon nexus

Abstract

This article presents a comprehensive overview of the relationship between economic growth, financial development, and carbon emissions by utilizing bibliometric analysis and scientific mapping. The research utilized the Scopus database, covering the period from 1989 to 2023. Through network analysis, the study identified five primary clusters, distinguished by the geographical and technological extent of the topic. The main objective of this review is to provide a comprehensive understanding of the future research avenues in the nexus between economic growth and carbon emissions. The article discusses the authors, journals, regions, and organizations that have had a significant impact on the growth-emission nexus, along with a summary of the most frequently cited works in this field. Furthermore, a meta-analysis was conducted to determine the aggregate impact of each research initiative. Based on the analysis and identified gaps, the study proposes future research paths.

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Published

2023-03-24

How to Cite

Kayani, U. N., Sadiq, M., Rabbani, M. R., Aysan, A. F., & Kayani, F. N. (2023). Examining the Relationship between Economic Growth, Financial Development, and Carbon Emissions: A Review of the Literature and Scientometric Analysis. International Journal of Energy Economics and Policy, 13(2), 489–499. https://doi.org/10.32479/ijeep.14278

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