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

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.

scholarly journals Searching for an Environmental Kuznets Curve in Carbon Dioxide Pollutant in Latin American Countries

2009 ◽  
Vol 41 (1) ◽  
pp. 13-27 ◽  
Author(s):  
Biswo N. Poudel ◽  
Krishna P. Paudel ◽  
Keshav Bhattarai
Keyword(s):  
Carbon Dioxide ◽  
Latin American ◽  
Environmental Kuznets Curve ◽  
Kuznets Curve ◽  
Specification Tests ◽  
Panel Model ◽  
Carbon Dioxide Co2 ◽  
Environmental Kuznets Curves ◽  
Latin American Countries

This study utilized a semiparametric panel model to estimate environmental Kuznets curves (EKC) for carbon dioxide (CO2) in 15 Latin American countries, using hitherto unused data on forestry acreage in each country. Results showed an N-shaped curve for the region; however, the shape of the curve is sensitive to the removal of some groups of countries. Specification tests support a semiparametric panel model over a parametric quadratic specification.

scholarly journals Foreign Direct Investment and Environmental Quality: Revisiting the EKC in Latin American Countries

2021 ◽  
Vol 13 (22) ◽  
pp. 12651
Author(s):  
Wilman-Santiago Ochoa-Moreno ◽  
Byron Alejandro Quito ◽  
Carlos Andrés Moreno-Hurtado
Keyword(s):  
Co2 Emissions ◽  
Latin American ◽  
Environmental Kuznets Curve ◽  
Direct Investment ◽  
Ordinary Least Squares ◽  
Kuznets Curve ◽  
Short Term ◽  
Middle Income ◽  
Pollution Haven ◽  
Latin American Countries

In this study we aim to test the effects of foreign direct investment (FDI) on carbon emissions (CO2) in 20 Latin American countries during the period of 1990–2018. Based on the atlas method of the World Bank, we divided the countries into three groups according to their real gross national income per capita: high-income, upper-middle-income and lower-middle-income countries. We used cointegration techniques and causality tests to evaluate the relationship between the variables. To assess the strength of the cointegration vector, we applied the dynamic ordinary least squares (DOLSs) model for individual countries and the dynamic panel ordinary least squares (PDOLSs) model for groups of countries. The results suggest that the entry of FDI into Latin American (LA) countries increases CO2 emissions, affecting the environmental quality. These findings disagree with the environmental Kuznets curve (EKC) hypothesis but, in contrast, they are in line with the pollution haven hypothesis (PHH). Moreover, we show evidence in long-term equilibrium relationship between FDI input and CO2 emissions, which is not the case for the short-term equilibrium. Some additional results suggest that FDI flows do not cause the CO2 emissions in LA countries. The empirical findings suggest policymakers to design policies to “the second-best theory”, targeting FDI flows to their economies to solve economic problems in the short term, but thereafter they may guarantee the reduction in environmental pollution, based on environmentally responsible FDI and stronger regulations. In other words, the transition from a pollution haven to the applicability of the environmental Kuznets curve (EKC). This study contributes with scarce empirical evidence for LA countries in this issue.

Leadership Training in Latin America

1993 ◽  
Vol 7 (1) ◽  
pp. 15-17
Author(s):  
Alice B. Lentz
Keyword(s):  
Latin America ◽  
Latin American ◽  
Leadership Training ◽  
Developing Economies ◽  
Business Leaders ◽  
Private Higher Education ◽  
Enterprise Growth ◽  
The University ◽  
Latin American Countries

Alice Lentz offers a brief view of the role of the Americas Fund for Independent Universities (AFIU) in relation to significant initiatives in various Latin American countries. In a region where the function and development of private higher education institutions is especially important, the focus of the AFIU's activities is on private universities' ability to provide trained business leaders with the skills necessary to meet the challenges of enterprise growth in these developing economies. She mentions in particular the strengthening of financing capabilities within the university, and the evolution of three-way partnerships among business corporations, AFIU, and universities in Latin America.

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

2004 ◽  
Vol 9 (3) ◽  
pp. 367-382 ◽  
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.

Sign in / Sign up

Export Citation Format

Share Document