Izvorni znanstveni članak
https://doi.org/10.1080/1331677X.2019.1708770
Does the quality of institutions modify the economic growth-carbon dioxide emissions nexus? Evidence from a group of emerging and developing countries
Dorota Wawrzyniak
Wirginia Doryń
Sažetak
The purpose of the study is to examine the impact of economic
growth on carbon dioxide emissions dependent on the quality of
institutions, for a sample of 93 emerging and developing countries
over the period 1995–2014. We measured institutional quality
using government effectiveness and control of corruption
indicators. The GMM estimation results indicate that government
effectiveness modifies the economic growth-emissions relationship.
For low values of this institutional indicator, we found diminishing
increments of CO2 emissions as GDP grows. In the case of
countries with high government effectiveness, we observed a
statistically significant reduction in CO2 emissions only in some
specifications. We did not confirm the moderating role of the
control of corruption in shaping the economic growth-carbon
dioxide emissions nexus. These findings have important policy
implications, suggesting that countries should direct efforts to
improve the institutional background. Additionally, we provide
empirical support for the presence of the inverted U-shaped relationship
between economic growth and carbon dioxide emissions
postulated by the environmental Kuznets curve (EKC).
Ključne riječi
Carbon dioxide emissions; quality of institutions; environmental Kuznets curve (EKC); emerging and developing countries
Hrčak ID:
254363
URI
Datum izdavanja:
9.2.2021.
Posjeta: 898 *