IS THERE A KUZNETS' PROCESS IN SOUTHEAST ASIA?

2015 ◽  
Vol 60 (02) ◽  
pp. 1550017 ◽  
Author(s):  
ABDUL JABBAR ABDULLAH ◽  
HRISTOS DOUCOULIAGOS ◽  
ELIZABETH MANNING

Relatively little is known about the determinants of inequality in Southeast Asia. This paper fills this void by comprehensively testing Kuznets' hypothesis for Southeast Asia. We estimate both unconditional and conditional Kuznets' curves using panel data for 8 countries. The analysis suggests the existence of a Kuznets' curve with respect to per capita income; the path of inequality is non-linear with respect to economic development. There is no evidence of a Kuznets curve with respect to non-agricultural employment. There is some evidence in terms of urbanization, though this is not robust. There is robust evidence on the role of national governments and education in shaping the path of inequality in the region. Government involvement reduces inequality. Education appears to have a non-linear effect on inequality.

2020 ◽  
Vol 25 (6) ◽  
pp. 537-560
Author(s):  
Inma Martínez-Zarzoso ◽  
Jennifer Phillips

AbstractThis paper contributes to the literature on the determinants of environmental standards by studying the role of income inequality and freedom of the press. Given that evidence of the environmental Kuznets curve has only been found for some countries, it is thus crucial to investigate whether other factors besides income per capita levels may be affecting countries' decisions to pass environmentally-friendly legislation. We investigate the effects that inequality and freedom of the press have on environmental stringency for a sample of OECD and BRIICS countries and a global sample of 82 countries using data over the period 1994–2015. We hypothesize that the more unequal a society is, and the greater the oppression of the press is, the less stringent environmental policies are. The results partially confirm our hypothesis. In particular, lack of press freedom is negatively correlated with environmental stringency, whereas inequality shows a non-linear effect only for non-high-income countries.


2019 ◽  
Vol 11 (8) ◽  
pp. 2273
Author(s):  
Enrico Maria de Angelis ◽  
Marina Di Giacomo ◽  
Davide Vannoni

The paper investigates the relationship between economic growth and environmental quality in the context of the Kuznets curve, which foresees that growth, while initially causing negative externalities for the environment, eventually can be seen also as the solution to environmental degradation. The novelty of the paper is to analyze the role of environmental policies, and in particular the use of market-based and non-market instruments to challenge the pollution plague and mitigate climate change. The results of fixed effects estimates on a sample of 32 countries observed for the period 1992–2012 show the existence of an inverted U-shaped relationship between per capita gross domestic product (GDP) and per-capita CO2 emissions for the quadratic specification, as well as of an N-shaped pattern for the cubic specification. Most importantly, the stringency indexes, i.e., the proxies used to account for environmental regulation, exhibit negative and strongly significant coefficients, suggesting that the policies are effective in reducing environmental damages associated with economic growth.


2014 ◽  
Vol 14 (4) ◽  
pp. 1501-1542 ◽  
Author(s):  
Donatella Baiardi

Abstract The paper explores the relationship between per capita income and three air pollutants, CO, NMVOCs, and SOx, using a novel dataset based on the 20 regions of Italy. Given the central role of technological progress in long-term environmental problems, we empirically investigate the influence of innovation on the environmental Kuznets curve (EKC). The estimation results validate the existence of an EKC for the three air pollutants considered. Furthermore, the influence of innovation on the inverse-U-shaped curve identified by the theoretical literature is in general empirically confirmed. Finally, the same conclusions also hold when using another dataset related to the aggregate national economy rather than separate regions.


2021 ◽  
pp. 097226292098401
Author(s):  
Krishna Dayal Pandey ◽  
Tarak Nath Sahu ◽  
Apu Manna

The study advances the existing literature on corporate finance and governance by establishing a non-linear effect of large ownership on the enterprise value of Indian manufacturing firms. The study employs both static and dynamic panel models on a set of panel data consisting of 112 Indian manufacturing firms. The study establishes a U-shaped relationship between large ownership and enterprise value of the sampled firms. Large promoters until 34% of ownership are found to exert a negative effect on enterprise value which signifies expropriation effect along with poor alignment of interest with the firms. However, for ownership concentration by promoters after the said threshold, the effect is found to be positive signifying improved alignment of interests, efficient monitoring and disciplining of managerial opportunistic behaviour. Based on the findings, the study suggests the Indian manufacturing firms not to entirely rely on the role of large owners and to opt for improved external regulatory and institutional establishment for the protection of minority shareholders’ interest and ensuring stringent corporate governance.


2012 ◽  
Vol 59 (5) ◽  
pp. 609-623 ◽  
Author(s):  
Maryam Asghari

Recent empirical research has examined the relationship between certain indicators of environmental degradation and income, concluding that in some cases an inverted U-shaped relationship, which has been called an environmental Kuznets curve (EKC), exists between these variables. The source of growth explanation is important for two reasons. First, it demonstrates how the pollution consequences of growth depend on the source of growth. Therefore, the analogy drawn by some in the environmental community between the damaging effects of economic development and those of liberalized trade is, at best, incomplete. Second, the source of growth explanation demonstrates that a strong policy response to income gains is not necessary for pollution to fall with growth. The aim of this paper investigates the role of differences source of growth in environmental quality of Iran. The results show the two growth resources in Iran cause, in the early stages, CO2 emission decreases until turning point but beyond this level of income per capita, economic growth leads to environmental degradation. I find a U relationship between environmental degradation (CO2 emission) and economic growth in Iran.


Author(s):  
Emmanuel O. Okon

The proposed inverted U-type relationship between environmental degradation and per capita income under EKC hypothesis has been examined in this paper for Nigeria over the period 1970-2019. Using the ARDL bounds testing approach to cointegration and ECM (OLS Approach), the EKC hypothesis does not seem to hold both in short-run and long-run. The estimated coefficients of the long-run relationship shows that LOGCO2(-1) is the only statistically significant variable explaining environmental degradation while the short run results indicate that D(LOGCO2(-1)) is the most significant variable in explaining environmental degradation in Nigeria followed by D(LOGIND(-1)).


2020 ◽  
Vol 12 (12) ◽  
pp. 4-9
Author(s):  
Pavel A. BUTYRIN ◽  

The historical context in which the State Plan for Electrification of Russia (GOELRO) was developed, establishment of the GOELRO Commission, the GOELRO Plan content, the specific features of its implementation, and the role of the plan in the soviet period of Russia’s history are considered. Attention is paid to the electrification plants of other countries and territories of all inhabited continents, and to the participation of states in the electrification of countries and regions with small-scale and agricultural production in the 1920 s. The specific features pertinent to the electrification of the Russian Socialist Federative Soviet Republic are pointed out, namely, low starting conditions (in 1923, the energy consumption per capita in Russia was 100 times lower than that in Norway), its being state-owned in nature and revolutionary in its purpose: to get done with the main upheavals in the country and to shift the national economy for fore efficient production. The role of V.I. Lenin and G.M. Krzhizhanovsky, who were the initiators of the electrification of Russia, is analyzed in detail. A conclusion is drawn about the need to study both the GOELRO Plan itself and the specific features and circumstances of its implementation within the framework of training modern specialists in electrical engineering.


2019 ◽  
Vol 25 (2) ◽  
pp. 122-127
Author(s):  
Dobrinka Chankova ◽  
Gergana Georgieva

Abstract This study explores the latest developments on the European scale of the policies and practices towards victims of crime. Due to many economic and political factors a lot of people are in movement and exposed to the risk of becoming victims of crime. During the last decade the statistics already records enhanced victimization of the global European society. These have provoked numerous legislative actions and practical initiatives in order to ensure safety, to prevent falling victims to crime and to protect better victim’s rights and needs. The European Protection Order Directive, Victims’ Directive and Convention against domestic violence, are among the most advanced legal acts worldwide. However, it is observed that their implementation in Europe is asymmetric and sometimes problematic. This paper explores the role of the national governments and specialized agencies and mainly the deficits in their activities leading to the non-usage of victims of all the existing opportunities. The newest supra-national acts aiming at the acceleration of transposition and ratification of these important for the building of victim-friendly environment documents, are discussed. Practical recommendations for a more effective victim protection are developed.


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