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Scientific Article details

Title Is the Sharing Economy Green? Evidence from Cross-Country Data
ID_Doc 18387
Authors Yin, W; Kirkulak-Uludag, B; Chen, ZL
Title Is the Sharing Economy Green? Evidence from Cross-Country Data
Year 2021
Published Sustainability, 13.0, 21
DOI 10.3390/su132112023
Abstract Using cross-sectional data from 165 countries, this study takes a fresh look at whether or not the sharing economy is a green solution for countries. This study relies on the Timbro sharing economy index and uses both carbon emission and environmental performance index as proxies for the greenhouse gas effect and overall environment, respectively. Due to limited sample size and non-normal distribution of the sample, this paper applies the Bayesian regression model, which is based on posterior distribution. The findings suggest the following: (1) a high sharing economy level has a negative relationship to carbon emissions but a positive relationship to overall environmental performance; (2) the joint variables show that a high sharing economy level together with high broadband access, urbanization, and high education level reduces carbon emissions; and (3) for manufacturing countries, a high sharing economy level together with high urbanization is associated with comparatively low carbon emissions and high environmental performance. In general, these findings allow us to conclude in favor of the contribution made by a high sharing economy level to sustainability.
Author Keywords sharing economy; carbon emission; overall environment; cross-country data; Bayesian analysis
Index Keywords Index Keywords
Document Type Other
Open Access Open Access
Source Science Citation Index Expanded (SCI-EXPANDED); Social Science Citation Index (SSCI)
EID WOS:000726935000001
WoS Category Green & Sustainable Science & Technology; Environmental Sciences; Environmental Studies
Research Area Science & Technology - Other Topics; Environmental Sciences & Ecology
PDF https://www.mdpi.com/2071-1050/13/21/12023/pdf?version=1635931148
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