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Article
Publication date: 22 July 2021

Muhammad Tahir, Arshad Hayat and Umar Burki

Environmental degradation is recognized as a serious problem globally, and hence, Saudi Arabia is no exception. This paper aims to focus on the economy of Saudi Arabia to…

Abstract

Purpose

Environmental degradation is recognized as a serious problem globally, and hence, Saudi Arabia is no exception. This paper aims to focus on the economy of Saudi Arabia to identify the determinants of environmental degradation.

Design/methodology/approach

Time series data spanning from 1971 to 2014 is used and analyzed using the recently developed autoregressive distributed lag modeling approach.

Findings

The obtained results reflected that natural resources, per person income and urbanization, have impacted environmental degradation both positively and significantly in the long run. Similarly, an insignificant negative relationship is established between trade openness and environmental degradation. Moreover, energy consumption has positively but insignificantly affected environmental degradation. In the short run, only per capita income has positively influenced environmental degradation while the rest of the variables have lost either significance levels or their direction of relationship has reversed.

Originality/value

As this is a pioneering study on the economy of Saudi Arabia, therefore, the authors assume that policymakers will find the findings of the current study very useful while formulating and implementing policies to control environmental degradation.

Details

International Journal of Energy Sector Management, vol. 16 no. 1
Type: Research Article
ISSN: 1750-6220

Keywords

Article
Publication date: 24 January 2020

Kia Hamid Yeganeh

The purpose of this paper is to conceptualize and classify sources, manifestations and implications of environmental degradation.

Abstract

Purpose

The purpose of this paper is to conceptualize and classify sources, manifestations and implications of environmental degradation.

Design/methodology/approach

First, the typological analysis is used to conceptualize environmental degradation and its components. Then, the concepts are disaggregated into some dimensions organized in row-and-column variables and a cross-tabulated matrix is constructed. Finally, different types of environmental degradation are identified, labeled and discussed.

Findings

The study distinguishes between two types of degradation as pollution and deterioration and accordingly identifies ten types (five pairs) of environmental degradation. Furthermore, the paper presents a conceptual framework and offers insights into the dynamic interchange between the causes and effects of environmental degradation.

Originality/value

The originality/value of this study resides in reducing the ambiguities associated with the concept of environmental degradation and offering a multidimensional framework that can be used in empirical research to organize propositions, test hypotheses, analyze data and construct indexes.

Details

Management of Environmental Quality: An International Journal, vol. 31 no. 3
Type: Research Article
ISSN: 1477-7835

Keywords

Article
Publication date: 18 April 2008

Muawya Ahmed Hussein

The purpose of this paper is to provide estimates of damage cost for several areas of the environment. In particular: to estimate the cost of degradation as a percentage…

2652

Abstract

Purpose

The purpose of this paper is to provide estimates of damage cost for several areas of the environment. In particular: to estimate the cost of degradation as a percentage of gross domestic product (GDP) at the national level; to enhance local capacity in environmental economics, in particular in the valuation of environmental degradation; and to provide an input to inter‐sectoral environmental priority setting.

Design/methodology/approach

To achieve the above objectives a framework was developed to estimate the cost of environmental degradation in seven countries in the region, for six categories. Estimates reflect order of magnitude and therefore represent an indication of actual damage costs. A range of estimates was provided to reflect the uncertainty of the results. Damage costs are presented in annual values (in local currencies, in US$ dollars) and as a per cent of GDP. Expressing costs as a share of GDP provides a sense of magnitude and will allow cross‐country comparison.

Findings

The damage cost of environmental degradation in Middle East and North Africa (MENA) in 2000 is estimated at US$ 9 billion per year, or 2.1‐7.4 per cent of GDP, with a mean estimate of 5.7 per cent of GDP. In addition, the damage cost to the global environment is estimated at 0.5‐1.6 of GDP, with a mean estimate of 0.9 per cent of GDP.

Research limitations/implications

Owing to data constraints, no cost estimates are provided for some impact such as: degradation associated with industrial, hazardous and hospital waste, biodiversity loss, and impact of inadequately treated wastewater, thus calculations often represent lower bound estimates.

Originality/value

This paper is a contribution in a process towards the use of environmental damage cost assessments for priority setting and as an instrument for integrating environmental consideration into economic and social development.

Details

Management of Environmental Quality: An International Journal, vol. 19 no. 3
Type: Research Article
ISSN: 1477-7835

Keywords

Article
Publication date: 7 June 2021

Bijoy Rakshit and Yadawananda Neog

The main purpose of this paper is to empirically investigate the effect of macroeconomic uncertainty on environmental degradation in India over the period 1971–2016…

Abstract

Purpose

The main purpose of this paper is to empirically investigate the effect of macroeconomic uncertainty on environmental degradation in India over the period 1971–2016. Additionally, this paper considers the role of financial development, energy consumption intensity and economic growth in explaining the variation of environmental degradation in India.

Design/methodology/approach

The authors applied the power generalized autoregressive conditional heteroskedasticity model to measure inflation volatility and used it as a proxy for macroeconomic uncertainty. From a methodological perspective, the authors employ the autoregressive distributive lag bound testing model to establish the long-run equilibrium association between the variables. The Toda–Yamamoto causality approach has been used to examine the direction of causality between the variables.

Findings

Findings suggest that macroeconomic uncertainty exerts a positive effect on carbon emissions, indicating that higher inflation volatility, as a proxy for macroeconomic uncertainty, hinders India's environmental quality. Financial development, economic growth and energy consumption intensity have also adversely impacted environmental quality.

Practical implications

The negative association between macroeconomic uncertainty and environmental degradation calls for some stringent policy actions. While formulating policies to promote growth and maintain stability, policymakers and government stakeholders should take into account the environmental effects of macroeconomic policies. There is a need to implement more environmental-friendly technologies in the financial sector that could reduce carbon emission.

Originality/value

To the best of the authors' knowledge, this study is the first that considers the role of macroeconomic uncertainty along with financial development and energy intensity in an emerging economy like India.

Details

International Journal of Social Economics, vol. 48 no. 9
Type: Research Article
ISSN: 0306-8293

Keywords

Article
Publication date: 10 August 2015

Madhu Sehrawat, A K Giri and Geetilaxmi Mohapatra

The purpose of this paper is to investigate the impact of financial development, economic growth and energy consumption on environment degradation for Indian economy by…

2030

Abstract

Purpose

The purpose of this paper is to investigate the impact of financial development, economic growth and energy consumption on environment degradation for Indian economy by using the time series data for the period 1971-2011.

Design/methodology/approach

The stationary properties of the variables are checked by ADF, DF-GLS, PP and Ng-Perron unit root tests. The long-run relationship is examined by implementing the Autoregressive Distributed Lag bounds testing approach to co-integration and error correction method (ECM) is applied to examine the short-run dynamics. The direction of the causality is checked by VECM framework and variance decomposition is used to predict exogenous shocks of the variables.

Findings

The empirical evidence confirms the existence of long-run relationship among the variables. Financial development appears to increase environmental degradation in India. The main contributors to environmental degradation are: economic growth, energy consumption financial development and urbanization. The results also lend support to the existence of environmental Kuznets curves for Indian economy.

Research limitations/implications

The present study suggests that environmental degradation can be reduced at the cost of economic growth or energy efficient technologies should be encouraged to enhance the domestic product with the help of financial sector by improving environmental friendly technologies from advanced economies.

Originality/value

This paper proposes to make a contribution to the existing literature through examining the relationship between financial development and environmental degradation in Indian economy during 1971-2011 by employing modern econometric techniques.

Details

Management of Environmental Quality: An International Journal, vol. 26 no. 5
Type: Research Article
ISSN: 1477-7835

Keywords

Article
Publication date: 27 April 2022

Muhammed Ashiq Villanthenkodath, Mantu Kumar Mahalik and K. Mohamed Ismail Yasar Arafath

This empirical study explores the role of tourism development (TD) in India's environmental degradation. Since sustainable eco-tourism is essential for India, whose…

Abstract

Purpose

This empirical study explores the role of tourism development (TD) in India's environmental degradation. Since sustainable eco-tourism is essential for India, whose long-term economic prosperity also depends on robust tourism growth. Hence, this study offers specific policy proposals for sustainable tourism based on the simulated outcomes.

Design/methodology/approach

The study employed the quarterly data from 1995Q1–2018Q4 for empirical validation. Moreover, the autoregressive distributed lag (ARDL) approach, Toda and Yamamoto (TY) causality model and wavelet coherence are also used to analyse the role of TD in India's environmental degradation.

Findings

The ARDL bounds test confirms the long-run relationship between the series. The long-run results from the ARDL model also indicate the driving role of TD in India's environmental degradation. In addition, the usage of the wavelet coherence method confirms the changes in TD that leads to changes in India's pollution level at different frequencies and periods, especially in the long run.

Research limitations/implications

Since this analysis is India-specific, these findings may lack generalizability to other developing economies. Therefore, researchers are encouraged to examine the impact of tourism growth on the natural environment in other countries either in a panel or time-series framework.

Practical implications

This study suggests crucial implications for checking the pollution sands from TD without sacrificing tourism-led economic growth. This would be possible if the usage of green energy in India's transport sector is promoted.

Originality/value

This is the first study that analyzes the impact of TD on environmental degradation in the ARDL, wavelet coherence, TY frameworks for enabling the Indian economy for a sustainable tourism practice.

Details

Management of Environmental Quality: An International Journal, vol. ahead-of-print no. ahead-of-print
Type: Research Article
ISSN: 1477-7835

Keywords

Book part
Publication date: 9 June 2022

Krishnendu Maji

The goal of sustainable economic growth is achievable only when economic growth and development occur without environmental degradation. The Environmental Kuznets Curve…

Abstract

The goal of sustainable economic growth is achievable only when economic growth and development occur without environmental degradation. The Environmental Kuznets Curve (EKC) hypothesis explains the inverted U-shaped association between economic activity and environmental degradation. The primary objective of this study is to empirically test the truth behind the EKC hypothesis. In addition to that, the study is intended to analyze the variation in the shape of the EKC; that is, cross-country variation, as well as variation over time. In order to achieve the stated objectives, the study analyzed a long list of countries (75 countries) for a fairly long period of time (1960–2016, i.e., 57 years). The empirical literature in this area estimated the EKC using some form of a polynomial regression equation. This study also used a similar kind of modeling structure to understand cross-country as well as dynamic variation in the shape of the EKC. In this study, firstly the selected countries are grouped on the basis of the shape of the EKC. Secondly, the dynamic behavior of each parameter in the polynomial equation is analyzed to understand the degree of association between economic activity and environmental degradation. This study suggests a decline in degree of association between the two over time.

Details

Environmental Sustainability, Growth Trajectory and Gender: Contemporary Issues of Developing Economies
Type: Book
ISBN: 978-1-80262-154-9

Keywords

Article
Publication date: 6 August 2020

Monica Singhania and Neha Saini

The paper attempts to revisit the nexus between economic growth, carbon emissions, trade openness, financial effectiveness and FDI for a sample of seven developed and…

Abstract

Purpose

The paper attempts to revisit the nexus between economic growth, carbon emissions, trade openness, financial effectiveness and FDI for a sample of seven developed and developing countries using curvilinear relationship as per environmental Kuznets curve (EKC) hypothesis over long term.

Design/methodology/approach

The authors determine the unit root properties of variables (using Clemente–Montañés–Reyes unit root test with double mean shifts and AO model and augmented Dickey–Fuller test) for structural breaks at different levels. Autoregressive distributed lag (ARDL) and error correction model (ECM) methodology was used to estimate long- and short-run parameters among the selected variables in sample countries from 1965 to 2016. Vector error correction (VEC) and Granger causality approach was used to determine the direction of causality.

Findings

The authors confirmed long-run relationship among the variables and highlighted high economic growth and energy consumption as the main causes of environmental degradation. While in India financial development and FDI inflows depict a negative association with environmental sustainability, however, such relationship was positive in the United Kingdom (UK), which is often considered as a benchmark for policymakers. The authors’ findings were in agreement with existing research insights in reporting FDI and financial development as the major contributors towards (unsustainable) sustainable environment through emissions in case of (developing country like India) developed country like UK. For other sample countries (China, Brazil, Japan, South Africa, United States of America (USA)), the authors’ model failed to capture financial development and FDI as significant contributors of carbon emissions. However, unidirectional causality running from energy to carbon emission was observed leading to the policy adoption of incentivizing alternative energy-based resources to increase energy efficiency across the energy value chain.

Research limitations/implications

Manufacturing with renewable energy, in collaboration with private and foreign players, under an institutional framework is desirable. Policy instruments including mandatory administrative controls, economic incentives and voluntary schemes that promote energy efficiency building blocks need to be established. A sound legal system for implementing technological innovation, financial subsidy incentives, interest-free loan programmes and development of financial sector supports creation and thriving of energy efficient units, often a perquisite for accelerated development.

Originality/value

By undertaking a comparative analysis, the authors address the research gap through revisiting EKC hypothesis with different set of trade policy and financial development framework. To the best of the authors’ knowledge, earlier studies were limited to one-country data analysis and did not consider the comparative data set of developed and developing countries with reference to financial development and FDI components.

Details

International Journal of Productivity and Performance Management, vol. 69 no. 8
Type: Research Article
ISSN: 1741-0401

Keywords

Article
Publication date: 14 March 2008

Angelo Antoci, Simone Borghesi and Marcello Galeotti

To protect against the increasing environmental degradation many agents choose today to replace consumption of depleted environmental goods with that of privately produced…

Abstract

Purpose

To protect against the increasing environmental degradation many agents choose today to replace consumption of depleted environmental goods with that of privately produced substitute goods. The present paper aims to highlight how this “self‐protective” behaviour that is increasingly frequent in modern societies may affect the welfare of the individuals.

Design/methodology/approach

The paper presents a combination of narrative with argument and analysis. It first provides several examples of self‐protective choices to give a heuristic view of this phenomenon and then examines their effects through a simple evolutionary model that leads the reader beyond a purely intuitive understanding of the substitution mechanism described in the first part.

Findings

The paper shows that replacing environmental goods with artificial substitute goods may give rise to an “undesiderable growth” process, that is, a vicious circle between environmental degradation and private consumption which contributes to economic growth but may have negative effects on the welfare of the agents.

Originality/value

The paper investigates an aspect of the link between environmental degradation and economic growth that has been mainly ignored in the literature so far. While most contributions have underlined that self‐protective choices can boost economic growth, the paper goes one step forward and shows that they can actually give rise to a self‐reinforcing growth process in which environmental degradation increases economic growth and viceversa, leading the economy on a welfare‐reducing path.

Details

International Journal of Social Economics, vol. 35 no. 4
Type: Research Article
ISSN: 0306-8293

Keywords

Article
Publication date: 15 July 2022

Syed Ale Raza Shah, Daniel Balsalobre-Lorente, Magdalena Radulescu, Qianxiao Zhang and Bilal Hussain

This paper aims to emphasize economic complexity, tourism, information and communication technology (ICT), renewable energy consumption and foreign direct investment (FDI…

Abstract

Purpose

This paper aims to emphasize economic complexity, tourism, information and communication technology (ICT), renewable energy consumption and foreign direct investment (FDI) as the determinants of carbon emissions.

Design/methodology/approach

These economies rely on the tourism sector, and Asian countries rank among the top tourism economies worldwide in terms of tourism receipts. This study uses a series of empirical estimators, i.e. cross-sectional augmented auto-regression distributive lag and panel cointegration, to validate the main hypotheses.

Findings

The econometric results confirm an inverted U-shaped association between economic complexity and carbon emissions, validating the economic complexity index induced environment Kuznets curve hypothesis for the selected Asian economies.

Research limitations/implications

Finally, the empirical results admit articulating some imperative policy suggestions to attain a sustainable environment on behalf of outcomes.

Practical implications

Furthermore, ICT and renewable energy consumption are environment-friendly indicators, while FDI and the international tourism industry increase environmental pressure in selected countries. In addition, this study also explores the interaction between renewable energy and ICT with FDI and their effects on carbon emissions. Interestingly, both interaction terms positively respond to the environmental correction process.

Originality/value

Because ICT with FDI may not reduce environmental pollution unless the energy used in FDI projects is greener. Moreover, in Asian economies, industrial and other sectors could increase environmental quality via the role of ICT in FDI.

修正亚洲前 8 大经济体的旅游环境库兹涅茨曲线假设:ict 和可再生能源消耗的作用

研究设计/方法/途径

这些经济体依赖旅游业, 就旅游收入而言, 亚洲国家在全球旅游经济体中名列前茅。本研究使用一系列经验估计量, 即 CS-ARDL 和面板协整来验证我们的主要假设。

研究目的

本文强调经济复杂性、旅游、信息和通信技术 (ICT)、可再生能源消费和外国直接投资 (FDI) 作为碳排放的决定因素

研究发现

计量经济学结果证实了经济复杂性与碳排放之间的倒 U 型关联, 验证了 ECI 对选定亚洲经济体的环境库兹涅茨曲线 (EKC) 假设。

研究限制/影响

最后, 实证结果承认阐明了一些必要的政策建议, 以代表结果实现可持续环境。

实践意义

此外, 信息通信技术和可再生能源消耗是环境友好型指标, 而外国直接投资和国际旅游业增加了选定国家的环境压力。此外, 本研究还探讨了可再生能源和 ICT 与外国直接投资之间的相互作用及其对碳排放的影响。有趣的是, 这两个交互项都对环境校正过程做出了积极响应。

研究原创性/价值

ICT 与 FDI 可能不会减少环境污染, 除非 FDI 项目中的能源使用更环保。此外, 在亚洲经济体中, 工业和其他部门可以通过 ICT 在 FDI 中的作用提高环境质量。

关键词

环境库兹涅茨曲线; 外商直接投资;信息和通信技术; 可再生能源;旅游;亚洲主要旅游经济体

文章类型: 研究型论文

Details

Journal of Hospitality and Tourism Technology, vol. ahead-of-print no. ahead-of-print
Type: Research Article
ISSN: 1757-9880

Keywords

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