Pollution and economic growth: Evidence from Central and Eastern European countries

Lazăr, Dan Tudor; Minea, Alexandru; Purcel, Alexandra-Anca

doi:10.1016/j.eneco.2019.05.011

Cited by 72 publications

(44 citation statements)

References 47 publications

(63 reference statements)

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“…The empirical findings show the existence of the N-shaped EKC hypothesis. Lazăr et al ( 2019 ) confirmed an inverted N and inverted U between climate change mitigation and economic growth in Central and Eastern European countries. Likewise, Chen et al ( 2019 ) considered the EKC hypothesis for sixteen Central and Eastern European countries (CEECs) using the GMM model.…”

Section: Literature Reviewmentioning

confidence: 97%

Investigation of the N-shaped environmental Kuznets curve for COVID-19 mitigation in the KSA

Aljadani

Toumi

et al. 2021

Environ Sci Pollut Res

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Climate change mitigation has led to a recent question regarding many policymakers and sustainable development goals (SDGs) of the Kingdom of Saudi Arabia (KSA) for Vision 2030. In 2019 and 2020, COVID-19 mitigation was the only issue the world raised questions about; for example, the KSA and the rest of the world are working diligently to meet COVID-19 mitigation targets. To assess policy supervision in terms of the ability to achieve COVID-19 targets, this survey examines the operators necessary to achieve the SDGs in regard to improving COVID-19 mitigation and increasing economic growth. In particular, we examine COVID-19 mitigation under the setting of an N-shaped environmental Kuznets curve (N-shaped EKC) in the KSA. To identify the COVID-19 shock in the KSA, the effects of oil price and oil rent on CO 2 emissions are examined. The results of the autoregressive distributed lag (ARDL) and non-autoregressive distributed lag (NARDL) bound testing approach indicate that due to the COVID-19 pandemic, the inverted Nshaped EKC hypothesis is validated in the long term. Empirically, we find that oil price strengthens the relationship of level, quadratic and cubic of economic growth and environmental quality while oil rent weakens this relationship. Additionally, the long-term incidences of positive shocks on oil price in the presence of COVID-19 outbreak are not similar to the negative shock to CO 2 emissions, implying the existence of asymmetric impacts on carbon dioxide emissions in long-term forms. Our research implies that an oil price shock could be judicious for macro guidance of the economy in the KSA. Our findings are helpful for policymakers and investors in terms of their settlement planning because they can be used to evaluate prospective courses of economic profitability under the COVID-19 shock.

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Section: Literature Reviewmentioning

confidence: 97%

Investigation of the N-shaped environmental Kuznets curve for COVID-19 mitigation in the KSA

Aljadani

Toumi

et al. 2021

Environ Sci Pollut Res

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“…The relationship between CO 2 emissions and economic growth is also divergent in these 7 countries. For instance, Lază et al (2019) found that the effects of the three polynomial terms in GDP were not statistically significant for the Czech Republic, Hungary, and Poland. However, using a quadratic function shows that the effect of the two GDP terms is statistically significant in the Czech Republic and Hungary showing an inverted-U-shaped relationship that confirms the environmental Kuznets curve.…”

Section: Panel Long-run Estimatesmentioning

confidence: 99%

Do environmental taxes and environmental stringency policies reduce CO2 emissions? Evidence from 7 emerging economies

Wolde‐Rufael¹,

Mulat-Weldemeskel

2021

Environ Sci Pollut Res

124

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“…Moreover, an N‐shaped relationship is evident for the lower emitting OECD countries in the 10th and 20th quantiles, and that link produces an inverted N‐shaped association between GHG and GDP in the 30th quantile. Lazăr, Minea, and Purcel (2019) study on 11 Central and Eastern European countries using data over the period 1996–2015 also highlights that the association involving GDP and emissions is characterized by considerable diversity (N‐shaped, inverted‐N, U‐shaped, inverted‐U, monotonic, or no statistical link) among the studied economies.…”

Section: Resultsmentioning

confidence: 97%

Effect of foreign direct investment, financial development, and economic growth on environmental quality in OECD economies using panel quantile regressions

Ganda

2020

Environmental Quality Mgmt

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This paper examined the impact of foreign direct investment, financial development, and economic growth on environmental quality in 26 OECD countries from 2000 to 2014. Environmental quality adopted proxies: carbon emissions, greenhouse gases, carbon monoxide, sulfur oxides, nitrogen oxides, and volatile organic compounds. The study used panel quantile regression. The findings demonstrate that foreign direct investments show varied significant negative and positive associations with all types of environmental quality in both lower and higher carbon‐emitting countries, although the negative links were more predominant. As such, halos and havens exist in explored quantiles. Financial development indicates a predominantly negative connection with environmental quality across the quantiles. Economic growth indicates diverse negative and positive relationships with all types of environmental quality in both lower and higher carbon‐emitting countries, although the positive links appear to be more announced across the quantiles. As such, some quantiles show no evidence of the environmental Kuznets curve (EKC), while other quantiles confirm the N‐shaped and the inverted N‐shaped EKC models. Thus, structures within the OECD economies should be made more environmentally friendly to fully enjoy the benefits of a low‐carbon environment.

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Pollution and economic growth: Evidence from Central and Eastern European countries

Cited by 72 publications

References 47 publications

Investigation of the N-shaped environmental Kuznets curve for COVID-19 mitigation in the KSA

Investigation of the N-shaped environmental Kuznets curve for COVID-19 mitigation in the KSA

Do environmental taxes and environmental stringency policies reduce CO2 emissions? Evidence from 7 emerging economies

Effect of foreign direct investment, financial development, and economic growth on environmental quality in OECD economies using panel quantile regressions

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