Various economic and non-economic indicators have been extensively investigated by researchers and academia to curb environmental degradation. Similarly, the role of institutional quality and political and economic risk has also been broadly discussed. On the other hand, the role of fiscal decentralization (which means transferring fiscal powers to the local authorities) has been consistently understudied. Therefore, this Research Topic will focus on the role of fiscal decentralization in the development of environmental sustainability and whether it aids or further damages the environment. This topic aims to investigate two important theoretical concepts related to the role of fiscal decentralization. There are two distinct schools of thought when it comes to the role of fiscal decentralization; first, race to the bottom and then race to the top approach. These two theoretical approaches shall provide a clear idea on the role of fiscal decentralization to the policymakers and environmental economists across the globe especially in countries with emerging and developing economies. Similarly, the role of fiscal decentralization shall evaluate whether it helps achieve goals of renewable and cleaner energy resources and how it contributes to the promotion of energy efficiency.
The goal of this Research Topic is to research the role of fiscal decentralization along with other economic and non-economic indicators which can help achieve environmental sustainability. For this purpose, researchers are encouraged to submit novel contributions in the area of fiscal decentralization. We are particularly interested in studies that apply advanced novel panel econometric methods, including cross-sectionally autoregressive distributed lags model (CSARDL), non-parametric methods, as well as, Wavelet analysis, quantile on quantile regression analysis, and dynamic autoregressive distributed lags model (DNARDL). We warmly encourage researchers to focus on both time series and panel data methods to achieve the desired objectives.
Based on the role of fiscal decentralization in curbing carbon emissions and cleaner energy promotion, submitted manuscripts should include themes from the following:
• Fiscal decentralization and environmental sustainability in developing and emerging economies
• Fiscal decentralization and renewable energy promotion
• Energy efficiency and the role of fiscal decentralization
• Emerging economics and developed economies comparative analysis of decentralization
• Theoretical approaches to fiscal decentralization for developing and emerging economies
• Fiscal decentralization, energy efficiency, and environment nexus
• The use of novel panel and time series econometric methods in fiscal decentralization, renewable energy or cleaner energy, and energy efficiency.
Various economic and non-economic indicators have been extensively investigated by researchers and academia to curb environmental degradation. Similarly, the role of institutional quality and political and economic risk has also been broadly discussed. On the other hand, the role of fiscal decentralization (which means transferring fiscal powers to the local authorities) has been consistently understudied. Therefore, this Research Topic will focus on the role of fiscal decentralization in the development of environmental sustainability and whether it aids or further damages the environment. This topic aims to investigate two important theoretical concepts related to the role of fiscal decentralization. There are two distinct schools of thought when it comes to the role of fiscal decentralization; first, race to the bottom and then race to the top approach. These two theoretical approaches shall provide a clear idea on the role of fiscal decentralization to the policymakers and environmental economists across the globe especially in countries with emerging and developing economies. Similarly, the role of fiscal decentralization shall evaluate whether it helps achieve goals of renewable and cleaner energy resources and how it contributes to the promotion of energy efficiency.
The goal of this Research Topic is to research the role of fiscal decentralization along with other economic and non-economic indicators which can help achieve environmental sustainability. For this purpose, researchers are encouraged to submit novel contributions in the area of fiscal decentralization. We are particularly interested in studies that apply advanced novel panel econometric methods, including cross-sectionally autoregressive distributed lags model (CSARDL), non-parametric methods, as well as, Wavelet analysis, quantile on quantile regression analysis, and dynamic autoregressive distributed lags model (DNARDL). We warmly encourage researchers to focus on both time series and panel data methods to achieve the desired objectives.
Based on the role of fiscal decentralization in curbing carbon emissions and cleaner energy promotion, submitted manuscripts should include themes from the following:
• Fiscal decentralization and environmental sustainability in developing and emerging economies
• Fiscal decentralization and renewable energy promotion
• Energy efficiency and the role of fiscal decentralization
• Emerging economics and developed economies comparative analysis of decentralization
• Theoretical approaches to fiscal decentralization for developing and emerging economies
• Fiscal decentralization, energy efficiency, and environment nexus
• The use of novel panel and time series econometric methods in fiscal decentralization, renewable energy or cleaner energy, and energy efficiency.