IT’S been a decade since President Xi Jinping put forward the Belt and Road Initiative(BRI)in 2013,which consists of the overland Silk Road Economic Belt and the 21st-Century Maritime Silk Road.Over the past 10 years...IT’S been a decade since President Xi Jinping put forward the Belt and Road Initiative(BRI)in 2013,which consists of the overland Silk Road Economic Belt and the 21st-Century Maritime Silk Road.Over the past 10 years,China and other participating countries have made major achievements in infrastructure development,drawing up unified rules and standards,and boosting people-to-people exchanges in various fields.The principle of extensive consultation,joint contribution,and shared benefits has received worldwide acclaim.展开更多
Agriculture is not only influenced by climate change,but it is also one of the significant contributors of CO_(2) emission.Understanding CO_(2) emission and macroeconomic variables is critical to solving the challenge...Agriculture is not only influenced by climate change,but it is also one of the significant contributors of CO_(2) emission.Understanding CO_(2) emission and macroeconomic variables is critical to solving the challenges and threats faced by Kenya’s agriculture and environment.This study used the Environmental Kuznets Curve(EKC)hypothesis and the autoregressive distribution lag model(ADLM)to analyze the relationships of CO_(2) emission with agricultural output,government direct investment,trade openness,and inflation rate in Kenya from 1983 to 2019.The study found that there exists a positive(direct)relationship between CO_(2) emission and foreign direct investment in the long run in Kenya.Additionally,CO_(2) emission and trade openness have a negative(indirect)and statistically significant relationship after the error correction term adjustment in the long run.Moreover,the relationship between CO_(2) emission and agricultural output is positive(direct)and statistically significant in the long run.There is a positive(direct)and statistically insignificant relationship between CO_(2) emission and inflation rate in the short run.Notably,the EKC hypothesis indicated that the Kenya’s economy is still on the environmental degradation trade-off through the gradual increase of both CO_(2) emission and agricultural output.Our results are important to Kenya’s economy because the derived insights will assist in relevant departments to formulate sustainable strategies to minimize environmental degradation.展开更多
文摘IT’S been a decade since President Xi Jinping put forward the Belt and Road Initiative(BRI)in 2013,which consists of the overland Silk Road Economic Belt and the 21st-Century Maritime Silk Road.Over the past 10 years,China and other participating countries have made major achievements in infrastructure development,drawing up unified rules and standards,and boosting people-to-people exchanges in various fields.The principle of extensive consultation,joint contribution,and shared benefits has received worldwide acclaim.
文摘Agriculture is not only influenced by climate change,but it is also one of the significant contributors of CO_(2) emission.Understanding CO_(2) emission and macroeconomic variables is critical to solving the challenges and threats faced by Kenya’s agriculture and environment.This study used the Environmental Kuznets Curve(EKC)hypothesis and the autoregressive distribution lag model(ADLM)to analyze the relationships of CO_(2) emission with agricultural output,government direct investment,trade openness,and inflation rate in Kenya from 1983 to 2019.The study found that there exists a positive(direct)relationship between CO_(2) emission and foreign direct investment in the long run in Kenya.Additionally,CO_(2) emission and trade openness have a negative(indirect)and statistically significant relationship after the error correction term adjustment in the long run.Moreover,the relationship between CO_(2) emission and agricultural output is positive(direct)and statistically significant in the long run.There is a positive(direct)and statistically insignificant relationship between CO_(2) emission and inflation rate in the short run.Notably,the EKC hypothesis indicated that the Kenya’s economy is still on the environmental degradation trade-off through the gradual increase of both CO_(2) emission and agricultural output.Our results are important to Kenya’s economy because the derived insights will assist in relevant departments to formulate sustainable strategies to minimize environmental degradation.