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What matters for environmental quality in the Next Eleven Countries: economic growth or income inequality?

pmid: 31187374
This study uses panel data for the period 1971-2013 to explore the implications of growth, wealth disparities, and per capita energy consumption on carbon emissions in a sample of Next Eleven (N-11) countries. It uses the first-generation (Pedroni and Kao) and second-generation (Westerlund) cointegration techniques to highlight a long-run interplay between the selected variables in carbon emission functions for all the N-11 countries. It also analyzes the long-run interactions among the series. Contrastingly, it also shows that economic growth, income inequalities, and per capita energy consumption accelerate CO2 emissions. Besides examining the effects of wealth disparity square, the study also uses the environmental Kuznets curve hypothesis in the context of the N-11 countries and discusses the policy implications of its findings.
- Abu Dhabi University United Arab Emirates
- Indian Institutes of Technology India
- Indian Institutes of Technology India
- Sogang University Korea (Republic of)
- College of Business Administration Latvia
Carbon Dioxide, Carbon, Policy, Socioeconomic Factors, Income, Economic Development
Carbon Dioxide, Carbon, Policy, Socioeconomic Factors, Income, Economic Development
citations This is an alternative to the "Influence" indicator, which also reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).53 popularity This indicator reflects the "current" impact/attention (the "hype") of an article in the research community at large, based on the underlying citation network.Top 1% influence This indicator reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).Top 10% impulse This indicator reflects the initial momentum of an article directly after its publication, based on the underlying citation network.Top 1%
