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Regime Switching Effects of Banking and Stock Market Development on Carbon Emissions in Nigeria: New Evidence from the Markov-Switching Vector Autoregressive Approach

Global Business Review

Published online on

Abstract

Global Business Review, Ahead of Print.
Most existing studies on financial development and carbon emissions have typically been based on the assumption of invariant parameters, which makes it difficult to ascertain the actual condition of the former on the latter. The present study therefore ...