The role of economic complexity in the environmental Kuznets curve of MINT economies: evidence from method of moments quantile regression

This article examines the environmental Kuznets curve for the member countries of the United States–Mexico–Canada Agreement (USMCA), using the ecological footprint as a measure of environmental degradation during 1980–2016. Panel data econometric methods are applied in this research, such as the cross-section dependence, unit root, cointegration and causality tests, and the new method of moments quantile regression (MMQR). The results suggest that the variables are characterized by a cross-section dependence, integrated of order one, and cointegrated. The fully modified ordinary least squares (FMOLS) method shows that renewable energy reduces environmental degradation, and the environmental Kuznets curve is validated. In contrast, patents and trade openness do not show a statistically significant relationship. These results are confirmed with the MMQR, where renewable energy reduces environmental degradation in quantiles from 4 to 6, while the environmental Kuznets curve hypothesis is valid in quantiles from 3 to 9, and patents and trade openness do not show a statistically significant relationship in any quantile. Therefore, it is essential to promote renewable energies, cleaner technologies, and environmental regulations to reduce polluting emissions.

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Reformulating the tourism-extended environmental Kuznets curve: A quantile regression analysis under environmental legal conditions

Tourism Economics ◽

10.1177/1354816620912556 ◽

2020 ◽

pp. 135481662091255

Author(s):

Natalia Porto ◽

Matías Ciaschi

Keyword(s):

Quantile Regression ◽

Latin American ◽

Environmental Kuznets Curve ◽

Kuznets Curve ◽

Tourism Sector ◽

Quantile Regression Analysis ◽

Tourism Activity ◽

Novel Approaches ◽

Latin American Countries

This work aims to empirically study the environmental Kuznets curve (EKC) in a model that takes into account the tourism sector. We use two novel approaches in this framework: an own developed environmental legal index and an instrumental quantile regression methodology. Our study comprises 18 Latin American countries between 1995 and 2013. We have found that tourism activity causes carbon emissions increases but, because of the restrictions imposed by environmental regulations, further tourism activity can mitigate these adverse environmental effects, mainly in high-polluted countries. These results suggest a step forward in the tourism-extended EKC estimations: they indicate the need for analysis considering the heterogeneities in environmental conditions across countries and the role of environmental regulation within this framework.

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Examining the role of climate finance in the Environmental Kuznets Curve for Sub-Sahara African countries

Cogent Economics & Finance ◽

10.1080/23322039.2021.1965357 ◽

2021 ◽

Vol 9 (1) ◽

pp. 1965357

Author(s):

Isaac Doku ◽

Ronney Ncwadi ◽

Andrew Phiri

Keyword(s):

Environmental Kuznets Curve ◽

Kuznets Curve ◽

Climate Finance ◽

African Countries

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Governance, economic policy, and the environmental Kuznets curve for natural tropical forests

Environment and Development Economics ◽

10.1017/s1355770x03001293 ◽

2004 ◽

Vol 9 (3) ◽

pp. 367-382 ◽

Cited By ~ 70

Author(s):

MADHUSUDAN BHATTARAI ◽

MICHAEL HAMMIG

Keyword(s):

Environmental Kuznets Curve ◽

Population Pressure ◽

Kuznets Curve ◽

Natural Forests ◽

Deforestation Rates ◽

Technology Improvement ◽

Quality Of Governance ◽

The Relationship

This paper reports the results of an empirical analysis of the relationship between income and the rate of deforestation of tropical natural forests. The inverted U-shaped relationship known as the environmental Kuznets curve is confirmed. The study focuses on the role of institutions and macroeconomic policy in the deforestation process. Results indicate that the quality of governance is an important determinant of forest resource preservation, and that rural population pressure is not as important as suggested by other studies. Agricultural technology improvement and enhanced educational attainment also lead to reductions of deforestation rates.

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