Can human development and political stability improve environmental quality? New evidence from the MENA region

Mrabet, Zouhair; Alsamara, Mouyad; Mimouni, Karim; Mnasri, Ayman

doi:10.1016/j.econmod.2020.09.021

Cited by 66 publications

(32 citation statements)

References 103 publications

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“…According to Mrabet et al (2021), political stability is an essential condition for sustainable development in the MENA region. Moreover, the increase of con icts in this region promotes environmental degradation (Usman et al, 2021).…”

Section: Long-run Resultsmentioning

confidence: 99%

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The Impact of Financial Development On The Clean Energy Transition In MENA Region: The Role of Institutional And Political Factors.

Saadaoui

2021

Preprint

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This study focuses on the role of institutional factors as well as financial development in renewable energy transition in Middle East and North Africa (MENA) region over the period 1990-2018 using the ARDL PMG method. The investigation of long-run and short-run analysis confirms that institutional and political factors play a key role in promoting the transition to renewable energy, and shows that improving these factors can lead to decarbonization of the energy sector in the long run. Another important finding is that global financial development does not have a significant effect on the transition process in the long run, implying that the whole financial system needs a fundamental structural change to accelerate the substitution between polluting and clean energies. However, in the short term, the impact appears to be negative and significant, highlighting the inadequacy of financial institutions and financial markets in promoting the region’s sustainable path. Moreover, income drives the transition to renewable energy in both short and long term. The causality results show that both financial development and institutional quality lead to renewable energy transition, while there is a bidirectional link between income and renewable energy.This study can provide a very useful recommendation to promote a clean transition in the MENA region.

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Section: Long-run Resultsmentioning

confidence: 99%

“…As a result, efforts to achieve renewable energy development goals may come derived in this context. For instance, Mrabet et al (2021) point out that maintaining political stability is crucial to avoid delays in achieving environmental goals in this region.…”

Section: Introductionmentioning

confidence: 99%

The Impact of Financial Development On The Clean Energy Transition In MENA Region: The Role of Institutional And Political Factors.

Saadaoui

2021

Preprint

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“…PS reduces the level of 𝐶𝑂 2 emissions in BRICS countries [11]. Low levels of PS reduce environmental quality in 16 MENA countries [12]. PS has a positive impact in reducing the environmental degradation in four Asian countries [13].…”

Section: ) Literature Reviewmentioning

confidence: 99%

The Role of Political Stability in the Context of ESG Models at World Level

Costantiello¹,

Leogrande²

2023

Preprint

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In this article, we estimate the role of Political Stability and Absence of Violence and Terrorism-PS in the context of Environmental, Social and Governance-ESG data at world level. We analyse data from 193 countries in the period 2011-2020. We apply Panel Data with Fixed Effects, Panel Data with Random Effects and Pooled Ordinary Least Square-OLS. We found that PS is positively associated, among others, to Population Density and Government Effectiveness, and negatively associated, among others, to Research and Development Expenditure and Maximum 5-day Rainfall. Furthermore, we apply the k-Means algorithm optimized with the application of the Elbow Method and we find the presence of four clusters. Finally, we propose a confrontation among eight different machine-learning algorithms for the prediction of PS and we find that the Polynomial Regression shows the higher performance. The Polynomial Regression predicts an increase in the level of PS of 0.25% on average for the analysed countries.

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“…However, most of these factors cannot be employed by policymakers to increase environmental quality. For example, as urbanization, globalization, and oil prices disturb the environment, policymakers have little or no control over these factors over the short and medium terms (Mrabet et al, 2021). ERs, set up by governments, reflect the impacts of policy stringency on environmental‐unfriendly activities.…”

Section: Literature Review and Hypotheses' Developmentmentioning

confidence: 99%

“…Grossman and Krueger (1991) pinpoint that environmental awareness ascending out of education forces policymakers to articulate environment‐friendly policies, which affect the EKC to take an inverted U‐shape form. The EKC hypothesis has been explored from an economic perspective to tourism (Lee & Chen, 2021), agriculture (Gokmenoglu & Taspinar, 2018), urbanization (Pata, 2018), technology and innovation (Lantz & Feng, 2006), FDI (Ali et al, 2020), human capital (Mrabet et al, 2021; Pata & Caglar, 2021; Sarkodie et al, 2020), and so forth. However, the above variables are largely impacted by ER.…”

Section: Literature Review and Hypotheses' Developmentmentioning

confidence: 99%

Assessing the impacts of formal and informal regulations on ecological footprint

Chen

2022

Sustainable Development

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This research applies the method of moments quantile regression (MQR) to probe the effects of formal (market and nonmarket) and informal environmental regulations ([ERs] education [EDU] and green technology [TEC]) on the six components of ecological footprint (EF). We investigate whether ERs are feasible tools for lessening environmental degradation by examining the ER-induced environmental Kuznets curve (EKC) hypothesis. Results reveal that the nonmarket-based ER-induced EKC hypotheses are generally supported for carbon, fish, and forest footprints, signifying that when the three EFs reach a specific threshold level the nonmarket-based ER saliently helps to move toward an environmental-friendly condition. Nonmarketbased ER and EDU are most efficient in reducing grazing land. However, we show that ER increases carbon footprint consumption, and ER is not completely effective to solve environmental degradation. Our analysis affirms the usage of MQR estimates, suggesting that the six types of EFs exhibit a nonlinearly response with ER across EF quantiles. Specifically, the U-shape links are present in the forest-EDU and graze-NMKT nexus in the subsample of developing countries, implying that the EKC hypothesis is not valid for developing country. Therefore, government should encourage different ERs to reduce different types of environmental degradation.

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Can human development and political stability improve environmental quality? New evidence from the MENA region

Cited by 66 publications

References 103 publications

The Impact of Financial Development On The Clean Energy Transition In MENA Region: The Role of Institutional And Political Factors.

The Impact of Financial Development On The Clean Energy Transition In MENA Region: The Role of Institutional And Political Factors.

The Role of Political Stability in the Context of ESG Models at World Level

Assessing the impacts of formal and informal regulations on ecological footprint

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