Global observation of EKC hypothesis for CO2, SO  and NO  emission: A policy understanding for climate change mitigation in Bangladesh

Miah, Md. Danesh; Masum, Farhad Hossain; Koike, Masao

doi:10.1016/j.enpol.2010.04.022

Cited by 88 publications

(19 citation statements)

References 34 publications

(68 reference statements)

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“…Third, this study supported the work of Zoundi (2017), who found that a higher level of income contributes to higher CO 2 e. The current estimates demonstrated a positive and significant relationship between income and CO 2 e in the panel. This finding validates prior findings for India (Usman, Iorember, & Olanipekun, 2019); Bangladesh (Danesh Miah, Farhad Hossain Masum, & Koike, 2010); Indonesia (Sugiawan & Managi, 2018); Iran (Esmaeili & Nasrnia, 2014); Japan (Abdulrashid, 2016); Malaysia (Ali, Abdullah, & Azam, 2017); and (Ozcan, Apergis, & Shahbaz, 2018). Fourth, the results also indicated that a significant association exists between fossil‐fuels use and CO 2 e, where a 1% rise in energy use increased CO 2 e (per capita) by 1.148%.…”

Section: Resultssupporting

confidence: 89%

A new approach to environmental sustainability: Assessing the impact of monetary policy on CO₂ emissions in Asian economies

Jiang

Khattak

Ahmad

et al. 2020

Sustainable Development

124

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This paper offers a unique perspective in the field of environmental economics and research by linking CO 2 emissions (CO 2 e) and monetary policies. Through a newlydeveloped predictive model, the study estimated the impact of monetary policies on CO 2 e along with control variables, including income, remittances, urbanization, fossil fuels, and human capital in selected Asian economies for the period 1990-2014. Data were analyzed using the Pedroni and Kao co-integration tests, panel fully-modified (PFM-LS), and panel dynamic least squares (PD-LS) techniques for data analysis. Some of the main findings are as follows. First, the results showed a significant long-term positive relationship between expansionary monetary policy and CO 2 e. Second, the contractionary monetary policy serves an effective measure to mitigate CO 2 e. Third, improvements in human capital have a positive impact on reducing CO 2 e. Fourth, remittances and fossil fuels are also prime determinants of CO 2 e. Based on the present findings, the paper proposes important implications and a predictive tool for policymakers to design effective policies and strategies for reducing CO 2 e.

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Section: Resultssupporting

confidence: 89%

A new approach to environmental sustainability: Assessing the impact of monetary policy on CO₂ emissions in Asian economies

Jiang

Khattak

Ahmad

et al. 2020

Sustainable Development

124

View full text Add to dashboard Cite

show abstract

“…Most research finds an inverted-U-shaped EKC relationship between carbon emissions and income (Atasoy, 2017;Cheng et al, 2017;Shahbaz et al, 2020;Yao et al, 2019;You and Lv, 2018). Nevertheless, some suggest that the EKC hypothesis is invalid, which may be an insignificant impact (Erdoğan et al, 2020) or appears a different type of curve (Bali̇n and Akan, 2015;Danesh Miah et al, 2010).…”

Section: Introductionmentioning

confidence: 99%

Low-carbon Innovation, Economic Growth and CO2 Emission: Evidence from a Dynamic Spatial Panel Approach in China

Cai-jiang

2021

Preprint

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Low-carbon technology innovation plays an essential role in carbon emission reduction worldwide. This study investigates how low-carbon innovation affects carbon emissions by the Dynamic Spatial Durbin Model based on the panel data of 30 Chinses provinces from 2007 to 2017. The empirical results show that: Firstly, low-carbon innovation decreases carbon emissions from local and neighbor, the decreasing effects are significant mainly in the short term. Secondly, the results of the heterogeneity test indicate that the weakening effect of low-carbon innovation in central regions is consistent with the national results. The weakening effects are shown in long-term indirect and short-term direct in eastern regions. Thirdly, there is an inverted-U curve between economic development and carbon emissions, confirming the environmental Kuznets curve (EKC) hypothesis. However, the inflection point is insurmountable under the current level of technology in China. Finally, The results also show the “Pollution Paradise” effect.

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“…Another set of studies reported mixed evidence relating to the EKC hypothesis due to variations in country dynamics and the type of pollution measures taken [20,21]. Miah et al [22] argued that global literature on EKC hypothesis provides mixed results depending upon the type of greenhouse gas (GHG) emissions taken as a measure of environmental degradation in empirical research. Marsiglio, Ansuategi and Gallastegui [8] argued that the negative relationship between pollution and income level, as suggested by the EKC hypothesis, is a short-term phenomenon, and that pollution may increase in the long run, generating an N-shaped curve.…”

Section: Introductionmentioning

confidence: 99%

Testing Non-Linear Nexus between Service Sector and CO2 Emissions in Pakistan

et al. 2020

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Our pioneer study is aimed at investigating the role of the service sector in affecting sustainable environment in Pakistan. Using time series data over 1971–2014 and applying an autoregressive distributive lag (ARDL) model with structural break analysis, we establish a long-term equilibrium relationship of carbon dioxide (CO2) emissions with energy consumption, income level, services and trade openness. Our findings support a service-induced environmental Kuznets curve (EKC) hypothesis in Pakistan. The income level sharply raises environmental degradation at the early stage; however, after reaching a certain threshold, it improves environmental quality but at a lower rate. There exists an inverted U-shaped nexus between services and CO2 emissions, which implies that the service sector is less energy-intensive in terms of mitigating pollution in Pakistan. Moreover, the energy consumption has an inverted U-shaped effect on carbon emissions, which implies energy efficiencies and adoption of renewable energy has reduced pollution in the long run. The trade openness increases CO2 emissions in both the short term and long term. The quadratic term of income level has a negatively inelastic impact on CO2 emissions, which implies a very slow rate of improvement in environmental quality. On the other hand, the quadratic term of services shows a highly elastic impact on pollution, which induces the EKC hypothesis. Our robustness checks such as fully modified ordinary least squares (FMOLS), dynamic ordinary least squares (OLS), and Toda and Yamamoto (TY) causality tests further confirm the existence of the service-induced EKC hypothesis in Pakistan. Moreover, there exists a unidirectional causality from energy consumption to CO2 emissions, a bidirectional causal relationship between economic growth and CO2 emissions, and a unidirectional causal linkage between services and CO2 emissions. Lastly, we discuss certain policy implications for designing appropriate environmental and energy policies to mitigate the pollution in Pakistan.

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Global observation of EKC hypothesis for CO2, SO and NO emission: A policy understanding for climate change mitigation in Bangladesh

Cited by 88 publications

References 34 publications

A new approach to environmental sustainability: Assessing the impact of monetary policy on CO₂ emissions in Asian economies

A new approach to environmental sustainability: Assessing the impact of monetary policy on CO₂ emissions in Asian economies

Low-carbon Innovation, Economic Growth and CO2 Emission: Evidence from a Dynamic Spatial Panel Approach in China

Testing Non-Linear Nexus between Service Sector and CO2 Emissions in Pakistan

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Global observation of EKC hypothesis for CO2, SO and NO emission: A policy understanding for climate change mitigation in Bangladesh

Cited by 88 publications

References 34 publications

A new approach to environmental sustainability: Assessing the impact of monetary policy on CO2 emissions in Asian economies

A new approach to environmental sustainability: Assessing the impact of monetary policy on CO2 emissions in Asian economies

Low-carbon Innovation, Economic Growth and CO2 Emission: Evidence from a Dynamic Spatial Panel Approach in China

Testing Non-Linear Nexus between Service Sector and CO2 Emissions in Pakistan

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Product

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A new approach to environmental sustainability: Assessing the impact of monetary policy on CO₂ emissions in Asian economies

A new approach to environmental sustainability: Assessing the impact of monetary policy on CO₂ emissions in Asian economies