Exploring the Public-private partnerships, Environmental Kuznet’s curve, and Environmental Degradation nexus: An Empirical Analysis of Asia

The present study aims to empirically assess the effect of public-private partnerships, financial development, renewable energy consumption, and population on environmental degradation, as captured by ecological footprint, on a dataset of select Asian countries for the period 2012-2022. The study ha...

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Main Authors: Malik, Sakshi, Rizvi, Noor, Kapuria, Cheshta
Format: Conference Paper
Published: 2023
Online Access:http://hdl.handle.net/20.500.11937/95109
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author Malik, Sakshi
Rizvi, Noor
Kapuria, Cheshta
author_facet Malik, Sakshi
Rizvi, Noor
Kapuria, Cheshta
author_sort Malik, Sakshi
building Curtin Institutional Repository
collection Online Access
description The present study aims to empirically assess the effect of public-private partnerships, financial development, renewable energy consumption, and population on environmental degradation, as captured by ecological footprint, on a dataset of select Asian countries for the period 2012-2022. The study has also attempted to test the Environmental Kuznets Curve (EKC) hypothesis by analyzing the short-term and long-term impact of gross domestic product (GDP) per capita on environmental degradation. In this context, the study has relied on static and dynamic panel models, i.e., fixed effects, random effects, and system generalized method of moments. The results indicate that public-private partnerships, financial development, and population are positively related to ecological footprint. In contrast, an increase in renewable energy consumption reduces the level of ecological footprints. Further, the results show the presence of an N-shape of the EKC. The results underline the importance of promoting initiatives aimed at increasing the use of renewable energy across countries to reduce the damage caused to the environment.
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institution Curtin University Malaysia
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publishDate 2023
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spelling curtin-20.500.11937-951092024-06-13T05:06:45Z Exploring the Public-private partnerships, Environmental Kuznet’s curve, and Environmental Degradation nexus: An Empirical Analysis of Asia Malik, Sakshi Rizvi, Noor Kapuria, Cheshta The present study aims to empirically assess the effect of public-private partnerships, financial development, renewable energy consumption, and population on environmental degradation, as captured by ecological footprint, on a dataset of select Asian countries for the period 2012-2022. The study has also attempted to test the Environmental Kuznets Curve (EKC) hypothesis by analyzing the short-term and long-term impact of gross domestic product (GDP) per capita on environmental degradation. In this context, the study has relied on static and dynamic panel models, i.e., fixed effects, random effects, and system generalized method of moments. The results indicate that public-private partnerships, financial development, and population are positively related to ecological footprint. In contrast, an increase in renewable energy consumption reduces the level of ecological footprints. Further, the results show the presence of an N-shape of the EKC. The results underline the importance of promoting initiatives aimed at increasing the use of renewable energy across countries to reduce the damage caused to the environment. 2023 Conference Paper http://hdl.handle.net/20.500.11937/95109 fulltext
spellingShingle Malik, Sakshi
Rizvi, Noor
Kapuria, Cheshta
Exploring the Public-private partnerships, Environmental Kuznet’s curve, and Environmental Degradation nexus: An Empirical Analysis of Asia
title Exploring the Public-private partnerships, Environmental Kuznet’s curve, and Environmental Degradation nexus: An Empirical Analysis of Asia
title_full Exploring the Public-private partnerships, Environmental Kuznet’s curve, and Environmental Degradation nexus: An Empirical Analysis of Asia
title_fullStr Exploring the Public-private partnerships, Environmental Kuznet’s curve, and Environmental Degradation nexus: An Empirical Analysis of Asia
title_full_unstemmed Exploring the Public-private partnerships, Environmental Kuznet’s curve, and Environmental Degradation nexus: An Empirical Analysis of Asia
title_short Exploring the Public-private partnerships, Environmental Kuznet’s curve, and Environmental Degradation nexus: An Empirical Analysis of Asia
title_sort exploring the public-private partnerships, environmental kuznet’s curve, and environmental degradation nexus: an empirical analysis of asia
url http://hdl.handle.net/20.500.11937/95109