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The nature of energy and material resources in an endogenous growththeory framework is clarified. This involves three modifications of the conventional theory. Firstly, multiple feedback mechanisms or "growth engines" are identified. Secondly, a productionfunction distinguishesbetween resource...
Persistent link: https://www.econbiz.de/10011303864
Projections of climate change damages based on climate-econometric estimates suggest that, without mitigation, global warming could reduce average global incomes by over 20% towards the end of the century (Burke et al., 2015). This figure significantly surpasses climate damages in Integrated...
Persistent link: https://www.econbiz.de/10014347833
This study empirically investigates the existence or not of Environmental Kuznets Curve (EKC) hypothesis in Nordic and Non-Nordic European countries, with carbon dioxide emissions (and ecological footprint for robustness tests) as proxy of environmental quality. The data are spanning from the...
Persistent link: https://www.econbiz.de/10014434016
The aim of this paper is to estimate the indirect and the direct effects of trade in Environmentally Preferable Products and Clean Technologies (called “Class B” lists) on air quality for a number of developed and developing during the period 1996-2012 and 2005-2012 (through environmental...
Persistent link: https://www.econbiz.de/10014108444
We analyse the interdependence between green attitude and equilibrium development of environmental quality in an endogenous growth model. Individuals take only part of their impact on pollution into account, hence there is a negative externality of capital accumulation on environmental quality....
Persistent link: https://www.econbiz.de/10010516680
The study aims to examine the asymmetric impacts of macroeconomic variables on environment degradation. For this purpose, the study utilizes the data of Thailand over the period of 1990-2018. Data are gathered from Global Economy. Augmented Dickey Fuller (ADF) test is used to check the data...
Persistent link: https://www.econbiz.de/10012422746
The main purpose of this study is to investigate empirically the impact of energy consumption and economic growth on the environmental degradation as measured by CO2 emissions. We utilize the cointegration test, the fully modified OLS, and the panel causality to examine the causality between...
Persistent link: https://www.econbiz.de/10011450728
This study explores the relationship between economic growth and carbon dioxide and the moderating effect of institutional quality in Nigeria from 1990 to 2020, by employing long run and short run dynamic ARDL regression, quartile regression and granger causality test for the estimation....
Persistent link: https://www.econbiz.de/10013177454
Our analysis focuses on a novel theoretical model which explains the relationship between pollution and output as well as recycling and output in the context of the Environmental Kuznets Curve (EKC) framework. Our model incorporates habit formation on recycling in a circular economy model and we...
Persistent link: https://www.econbiz.de/10012886337
Beyond the usual macroeconomic stability, which is a necessity for economic growth, more focus should be placed on the effects that environmental quality has on infant mortality in sub‑Saharan Africa. Africa has always had the highest rate of infant mortality and the poorest environmental...
Persistent link: https://www.econbiz.de/10014339839