The economic complexity index, which indicates the level of knowledge and skills needed in the production of the exported goods, is a measure of economic development. Some researchers have investigated the validity of the environmental Kuznets curve (EKC) hypothesis by considering the effect of economic complexity on environmental pollution. This study, for the first time, examines the impact of economic complexity, globalization, and renewable and non-renewable energy consumption on both CO 2 emissions and ecological footprint within the framework of the EKC hypothesis in the USA. To this end, the combined cointegration test and three different estimators are utilized for the period from 1980 to 2016. The main finding of the study indicates that the inverted U-shaped EKC relationship between economic complexity and environmental pollution holds for the USA. In addition to this finding, globalization and renewable energy consumption play a dominant role in reducing environmental pollution, while non-renewable energy consumption contributing factor to environmental pressure. Overall, the outcomes indicate that increasing economic complexity helps to minimize environmental degradation after a threshold, and the US government can provide a better environment by using renewable energy sources and globalization.
This paper examines the dynamic short- and long-term relationship between per capita GDP, per capita energy consumption, financial development, urbanization, industrialization, and per capita carbon dioxide (CO) emissions within the framework of the environmental Kuznets curve (EKC) hypothesis for Turkey covering the period from 1974 to 2013. According to the results of the autoregressive distributed lag bounds testing approach, an increase in per capita GDP, per capita energy consumption, financial development, urbanization, and industrialization has a positive effect on per capita CO emissions in the long term, and also the variables other than urbanization increase per capita CO emissions in the short term. In addition, the findings support the validity of the EKC hypothesis for Turkey in the short and long term. However, the turning points obtained from long-term regressions lie outside the sample period. Therefore, as the per capita GDP increases in Turkey, per capita CO emissions continue to increase.
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