Re-examining the environmental kuznets curve hypothesis in the economic community of West African states: A panel quantile regression approach

Halliru, Ahmed Malumfashi; Loganathan, Nanthakumar; Hassan, Asan Ali Golam; Mardani, Abbas; Kamyab, Hesam

doi:10.1016/j.jclepro.2020.124247

Cited by 119 publications

(62 citation statements)

References 48 publications

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“…In this study, we have used the core idea of STIRPAT/IPAT to find the EKC that will project the impact on environmental quality due to affluence and other anthropogenic driving forces. In this study, affluence is represented by per capita GDP, demographic variable is captured by human capital and technology is captured by trade openness based on recent studies (see Halliru et al, 2020 ). Since trade facilitates the import of advanced technology from developed to developing countries, increased level of trade openness indicates technological diffusion, better skill and better utilization of inputs (Halliru et al, 2020 ; Kwakwaet al, 2020 ).…”

Section: Methodsmentioning

confidence: 99%

“…In this study, affluence is represented by per capita GDP, demographic variable is captured by human capital and technology is captured by trade openness based on recent studies (see Halliru et al, 2020 ). Since trade facilitates the import of advanced technology from developed to developing countries, increased level of trade openness indicates technological diffusion, better skill and better utilization of inputs (Halliru et al, 2020 ; Kwakwaet al, 2020 ). Taking into consideration, the two other important factors responsible for environmental degradation namely urbanization and energy consumption Eq.…”

Section: Methodsmentioning

confidence: 99%

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Environmental kuznets curve and causal links between environmental degradation and selected socioeconomic indicators in Bangladesh

Sultana

Rahman

Khanam

2021

Environ Dev Sustain

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Graphic abstract This study has investigated the Environmental Kuznets Curve (EKC) hypothesis and focuses on the resource stock of the country in relation to the selection of environmental degradation indicators. Acknowledging the critical role of the EKC for policy formulation and development strategies, this study has examined the validity of the EKC hypothesis by exploring the relationship between economic growth, urbanization, energy consumption, trade openness, human capital and ecological footprints for the period 1972–2018 in Bangladesh. The autoregressive distributive lag bounds testing approach is applied for this purpose, taking into account the structural break in the time series. A fully modified OLS estimation has also been applied as the robustness check of the results. Results from the empirical analysis confirm the existence of the EKC in Bangladesh in both the long run and short run. The causal nexus among the variables is examined by applying the Vector Error Correction Granger causality test. The causality test result shows that economic growth and urbanization cause ecological footprints in both the short run and the long run. Based on this result, it can be inferred that economic growth activities in Bangladesh can be continued and extended with minimal ecological cost through structural economic change and proper environmental management.

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Section: Methodsmentioning

confidence: 99%

Section: Methodsmentioning

confidence: 99%

Environmental kuznets curve and causal links between environmental degradation and selected socioeconomic indicators in Bangladesh

Sultana

Rahman

Khanam

2021

Environ Dev Sustain

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“…Environmental protection from both individual and corporate perspectives has been emphasized in this era because global warming and climate change are the biggest problems that humanity is currently facing. For example, Cai and Ye [34] and Halliru et al [35] examine the relationship between economic growth and environmental protection, and possible factors in the relationship such as environmental regulation and human capital. In addition, many studies in various fields emphasize the importance of environmental responsibility or sustainability [36][37][38][39].…”

Section: Introductionmentioning

confidence: 99%

Impact of Environmental Disaster Movies on Corporate Environmental and Financial Performance

Kim

Park

2021

Sustainability

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Using a unique United States box office data set, we investigate the impact of environmental sentiment on corporate environmental and financial performance of the United States listed firms. The influence of mass media on public and investor sentiments is well documented in the existing literature. However, little is known about the effect of movies, although they may influence the public more than other mass media because people, regardless of age and gender, enjoy watching movies. Using the event study methodology and multivariable regression analysis, we show that the release of anthropogenic environmental disaster movie(s) creates environmental sentiment and influences corporate behaviors. Specifically, firms significantly increase their environmental performance in the subsequent year of strong environmental sentiment after the release of environmental movies. More importantly, the positive effect of corporate environmental performance on financial performance is stronger when the environmental sentiment is stronger.

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“…Previously scholars have developed two schools of thought regarding the role of growth in environment quality. Some studies support the evidence for a positive association between environmental degradation and economic development (Işık et al 2019;Pata 2020;Halliru et al 2020), while on the other hand, studies showed inverse effect among the said variables [refers:…”

Section: Model Construction and Theoretical Backgroundmentioning

confidence: 86%

Is Achieved Economic Development Environment Friendly? A New Insight From Central and Eastern Europe

Zhang

Shah

Naqvi

2021

Preprint

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Over the last few years, the linkage between economic development and environmental degradation has become a provocative question. Although this nexus has been studied vastly, some of the critical variables of economic development and their impacts on the environment need more focus. The present study explores the association between economic development, outward foreign direct investment, financial development, renewable energy consumption, natural resource rents, trade openness, and ecological footprint in Central and Eastern European economies. The panel data estimators such as augmented mean group and common correlated effect mean group are employed from 1990 to 2017. Empirical findings document that outward foreign direct investment, financial development, trade openness, natural resource rents, and renewable energy consumption increase economic development, implying that they positively affect economic development. Findings validate the inverted U-shaped EKC for concerned economies in case of the ecological footprint. The results show that the interaction term of GDPC with NR, outward foreign direct investment, and RE are eco-friendly indicators. The study results develop imperative policy implications for the selected region to attain sustainable development goals.

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Re-examining the environmental kuznets curve hypothesis in the economic community of West African states: A panel quantile regression approach

Cited by 119 publications

References 48 publications

Environmental kuznets curve and causal links between environmental degradation and selected socioeconomic indicators in Bangladesh

Environmental kuznets curve and causal links between environmental degradation and selected socioeconomic indicators in Bangladesh

Impact of Environmental Disaster Movies on Corporate Environmental and Financial Performance

Is Achieved Economic Development Environment Friendly? A New Insight From Central and Eastern Europe

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