Investigating the environmental Kuznets curves through the economic globalization lens: evidence from middle income countries

This paper explores the implications of economic globalisation on the environment based on the revised KOF globalisation index for 76 middle-income nations from 1994 to 2014. The System Generalised Method of Moments (GMM) is adopted for a 7-year span panel data to examine the implications of economi...

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Main Authors: Narandaran, Yasmin Yashodha, Habibullah, Muzafar Shah, Mohamed, Azali, Ahmad Sidique, Shaufique Fahmi
Format: Article
Language:English
Published: Faculty of Economics and Management, Universiti Putra Malaysia 2018
Online Access:http://psasir.upm.edu.my/id/eprint/22587/
http://psasir.upm.edu.my/id/eprint/22587/1/22%29%20Investigating%20the%20Environmental%20Kuznets%20Curves.pdf
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author Narandaran, Yasmin Yashodha
Habibullah, Muzafar Shah
Mohamed, Azali
Ahmad Sidique, Shaufique Fahmi
author_facet Narandaran, Yasmin Yashodha
Habibullah, Muzafar Shah
Mohamed, Azali
Ahmad Sidique, Shaufique Fahmi
author_sort Narandaran, Yasmin Yashodha
building UPM Institutional Repository
collection Online Access
description This paper explores the implications of economic globalisation on the environment based on the revised KOF globalisation index for 76 middle-income nations from 1994 to 2014. The System Generalised Method of Moments (GMM) is adopted for a 7-year span panel data to examine the implications of economic globalisation on environmental sustainability based on the Environmental Kuznets Curve (EKC) hypothesis. Unlike prior studies, the economic globalisation index is examined from both the de facto and de jure perspective to determine its impact on climate change. The over-arching results indicate no evidence of the validity of the EKC hypothesis amongst the middle-income nations, with primary energy consumption as the major driving force of carbon emissions. Urbanisation and population growth are negatively correlated with carbon emissions. Based on our findings, it is imperative for policymakers in middle-income nations to identify potential trade barriers and investments restrictions that could thwart the emergence of green technology adoption to combat climate change.
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spelling upm-225872019-11-12T07:18:37Z http://psasir.upm.edu.my/id/eprint/22587/ Investigating the environmental Kuznets curves through the economic globalization lens: evidence from middle income countries Narandaran, Yasmin Yashodha Habibullah, Muzafar Shah Mohamed, Azali Ahmad Sidique, Shaufique Fahmi This paper explores the implications of economic globalisation on the environment based on the revised KOF globalisation index for 76 middle-income nations from 1994 to 2014. The System Generalised Method of Moments (GMM) is adopted for a 7-year span panel data to examine the implications of economic globalisation on environmental sustainability based on the Environmental Kuznets Curve (EKC) hypothesis. Unlike prior studies, the economic globalisation index is examined from both the de facto and de jure perspective to determine its impact on climate change. The over-arching results indicate no evidence of the validity of the EKC hypothesis amongst the middle-income nations, with primary energy consumption as the major driving force of carbon emissions. Urbanisation and population growth are negatively correlated with carbon emissions. Based on our findings, it is imperative for policymakers in middle-income nations to identify potential trade barriers and investments restrictions that could thwart the emergence of green technology adoption to combat climate change. Faculty of Economics and Management, Universiti Putra Malaysia 2018 Article PeerReviewed text en http://psasir.upm.edu.my/id/eprint/22587/1/22%29%20Investigating%20the%20Environmental%20Kuznets%20Curves.pdf Narandaran, Yasmin Yashodha and Habibullah, Muzafar Shah and Mohamed, Azali and Ahmad Sidique, Shaufique Fahmi (2018) Investigating the environmental Kuznets curves through the economic globalization lens: evidence from middle income countries. International Journal of Economics and Management, 12 (spec. 2). pp. 599-617. ISSN 1823-836X; ESSN: 2600-9390 http://www.ijem.upm.edu.my/vol12_noS2/22)%20Investigating%20the%20Environmental%20Kuznets%20Curves.pdf
spellingShingle Narandaran, Yasmin Yashodha
Habibullah, Muzafar Shah
Mohamed, Azali
Ahmad Sidique, Shaufique Fahmi
Investigating the environmental Kuznets curves through the economic globalization lens: evidence from middle income countries
title Investigating the environmental Kuznets curves through the economic globalization lens: evidence from middle income countries
title_full Investigating the environmental Kuznets curves through the economic globalization lens: evidence from middle income countries
title_fullStr Investigating the environmental Kuznets curves through the economic globalization lens: evidence from middle income countries
title_full_unstemmed Investigating the environmental Kuznets curves through the economic globalization lens: evidence from middle income countries
title_short Investigating the environmental Kuznets curves through the economic globalization lens: evidence from middle income countries
title_sort investigating the environmental kuznets curves through the economic globalization lens: evidence from middle income countries
url http://psasir.upm.edu.my/id/eprint/22587/
http://psasir.upm.edu.my/id/eprint/22587/
http://psasir.upm.edu.my/id/eprint/22587/1/22%29%20Investigating%20the%20Environmental%20Kuznets%20Curves.pdf