Unemployment rate, clean energy, and ecological footprint in OECD countries.

OECD countries have encountered the challenges of improving the environmental sustainability while maintaining economic growth by not impairing employment. This study attempts to reexamine the environmental Kuznets curve (EKC) hypothesis by using ecological footprint as an indicator of environmental degradation. Besides, our study aims to test the validity of environmental Phillips curve (EPC) and role of clean energy on ecological footprint. Our data cover a panel of 36 OECD countries from 1995 to 2015. We adopt the second-generation panel unit root and cointegration test to account for the presence of cross-section dependence (CSD). Moreover, the long-run relationship is estimated using Common Correlated Effect Mean Group (CCEMG) and Augmented Mean Group (AMG) that are robust to CSD. Our findings reveal that the EKC hypothesis is not valid while EPC is confirmed in OECD countries. Though there is a trade-off between unemployment and environmental degradation in OECD countries, the development of new technologies, especially in the clean energy sector, could be a key factor contributing to sustainable growth and better environmental quality. Thus, it is recommended that OECD countries should focus on the development of innovative green technologies and strengthen the initiatives that promote renewable energy consumption.

Income inequality, educational attainment and environmental degradation: evidence from global panel.

The Sustainable Development Goal (SDG) 10 focuses on combating the climate change and its effects. The inclusion of this agenda in the Sustainable Development Goals by the United Nations has shown that worsened environmental degradation is currently a major threat facing humankind. The World Commission on Environment and Development 2015 has highlighted that income inequality is one of the major causes for environmental deterioration. Hence, reducing environmental degradation requires a look at the problem of unequal income distribution. Moreover, educational attainment plays a vital role in providing relevant knowledge and skills to people in handling environmental problems. Thus, the objective of the study is to investigate the relationship between income inequality, educational attainment, and CO2 emissions by employing a panel data analysis for a group of 64 countries from 1990 to 2016.The study uses mainly dynamic common correlated effects (DCCE) estimator to take into account the issue of cross-section dependence which has been ignored by most of the previous studies. By tackling the problem of cross-section dependence, unbiased and reliable results could be produced in estimations. Our results portray that an inverted U-shaped environmental Kuznets curve (EKC) is found to be valid. Additionally, income inequality has a negative impact on environmental degradation. Likewise, educational attainment and CO2 emissions are revealed to be negatively correlated. The findings of the study could provide a better understanding on the root causes of environmental degradation, and further suggest remedial actions to overcome the problem.

Environmental Kuznets curve for biodiversity loss: evidence from South and Southeast Asian countries.

This study aims to explore the income-biodiversity loss nexus in South and Southeast Asian countries covering the period between 2013 and 2019. Negative Binomial regression models are used to deal with the count regressand variable with specific emphasis on different taxonomic groups of threatened species, namely, mammal, bird, reptile, amphibian, fish, mollusk, other invertebrate, plant, and total threatened species. We find strong support of an inverted U-shaped relationship between income and biodiversity loss in all taxonomic groups of threatened species examined. Additionally, agricultural land has a significant and positive effect on biodiversity loss. Control of corruption and biodiversity loss are found to be negatively associated. The inverted U-shaped EKC suggests that South and Southeast Asian countries are required to identify policy priority areas that could achieve robust economic growth while reducing biodiversity loss. Our findings also provide valuable policy insights to assist the policy makers to better cope with the problem of biodiversity loss via corruption control and agricultural land use.

Obesity Kuznets curve hypothesis and global warming: a robust estimation under cross-section dependence.

Obesity is a worldwide concern as it leads to adverse effects on human health. This study uses a panel of 165 countries and annual data from 2000 to 2014 to examine the obesity Kuznets curve (OKC) hypothesis. By using tests and estimators that are robust to cross-section dependence (CSD), our results support the OKC hypothesis. This indicates that obesity increases at the initial stage of economic development and eventually would decrease once the threshold is reached. In addition, we find that the role of global warming on obesity is not significant. Food production is found to be a contributing factor to obesity. Besides, one-way and two-way causalities are identified between the variables. This study provides important insights particularly about the relationship between (i) economic growth and obesity and (ii) environmental degradation and obesity. Implication of the results and policy recommendations are also provided to policymakers and health personnel in finding solutions to the obesity epidemic around the world.

A transport environmental Kuznets curve analysis for Malaysia: exploring the role of corruption.

Validity of the environmental Kuznets curve (EKC) hypothesis is consistently and widely debated among economists and environmentalists alike throughout time. In Malaysia, transport is one of the "dirtiest" sectors; it intensively consumes energy in powering engines by using fossil fuels and poses significant threats to environmental quality. Therefore, this study attempted an examination into the impact of corruption on transport carbon dioxide (CO2) emissions. By adopting the fully modified ordinary least squares, canonical cointegrating regression, and dynamic ordinary least squares in performing long-run estimations, the results obtained based on the annual data spanning from 1990 to 2017 yielded various notable findings. First, more corruption would be attributable towards increased transport CO2 emissions. Second, a monotonic increment of transport CO2 emission was seen with higher economic growth and thus invalidated the presence of EKC. Overall, this study suggests that Malaysia has yet to reach the level of economic growth synonymous with transport CO2 emission reduction due to the lack of high technology usage in the current system implemented. Therefore, this study could position policy recommendations of use to the Malaysian authorities in designing the appropriate economic and environmental policies, particularly for the transport sector.

Environmental Kuznets curve hypothesis: asymmetry analysis and robust estimation under cross-section dependence.

In this paper, we revisit the environmental Kuznets curve (EKC) hypothesis by using estimations that account for cross-sectional dependency (CSD) and asymmetry effect in 76 countries for the period 1971-2014. Our results lend moderate support to the EKC hypothesis. The country-specific results unfold that a total of 16 out of 76 countries support the EKC hypothesis using CCEMG estimator. Results from AMG reveal that the EKC hypothesis holds in 24 out of 76 countries. It is worth highlighting that 11 countries (Australia, China, Congo Dem. Rep., Costa Rica, Gabon, Hong Kong, India, Korea, Myanmar, Turkey, and Uruguay) exhibit an inverted U-shaped curve regardless of whether CCEMG or AMG is used. The asymmetry analysis using PMG is also able to support the EKC hypothesis. We conclude that the EKC hypothesis does not fit all countries. Policy implication and recommendation in designing appropriate energy and economic policies are provided.