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The impact of economic development on environmental sustainability: evidence from the Asian region.

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Title: The impact of economic development on environmental sustainability: evidence from the Asian region.
Authors: Ahmed, Tasnim1 (AUTHOR), Rahman, Mohammad Mazibar2 (AUTHOR), Aktar, Mahbuba3 (AUTHOR), Das Gupta, Anupam4 (AUTHOR), Abedin, Mohammad Zoynul3,5 (AUTHOR) m.abedin@tees.ac.uk
Source: Environment, Development & Sustainability. Apr2023, Vol. 25 Issue 4, p3523-3553. 31p.
Subject Terms: *Economic development, *Economic impact, *Ecological impact, *Cointegration, *Sustainability, *Least squares, *Panel analysis
Abstract: This study investigates the relationship between economic development and environmental sustainability (ES) of 42 Asian countries from 2000 to 2017. We propose an ordinary least square (OLS) and fully modified ordinary least square (FMOLS) model to estimate the result. The OLS estimators of the balanced panel data on the aggregate sample and six subgroups of ecological area evidence some key findings. These are: (i) There is a significant positive linear relationship between economic growth (EG) and ecological footprint (EF); however, the relationship between EG and biocapacity (BC) is nonlinear. (ii) Among the subgroups that build up the land, samples depict a linear relationship with EG in EF and BC cases. (iii) Other than carbon-absorbing land and grazing land in the subgroup of EF, all other subgroups against environmental sustainability parameters show a nonlinear relationship with EG. (iv) The inverted U-shape curve is evident in Asian countries in explaining the relationship between EG and ES, and the impact of development indicator (GDP) on ecological subgroups is heterogeneous. The cointegration tests of the FMOLS model suggest the existence of a long-term relationship between the variables. Finally, the empirical observations show a growing trend of ecological deficit in Asia and advocate rapid policy development for environment-friendly economic development. [ABSTRACT FROM AUTHOR]
Database: Energy & Power Source
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DbLabel: Energy & Power Source
An: 162508759
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Items – Name: Title
  Label: Title
  Group: Ti
  Data: The impact of economic development on environmental sustainability: evidence from the Asian region.
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  Data: <searchLink fieldCode="AR" term="%22Ahmed%2C+Tasnim%22">Ahmed, Tasnim</searchLink><relatesTo>1</relatesTo> (AUTHOR)<br /><searchLink fieldCode="AR" term="%22Rahman%2C+Mohammad+Mazibar%22">Rahman, Mohammad Mazibar</searchLink><relatesTo>2</relatesTo> (AUTHOR)<br /><searchLink fieldCode="AR" term="%22Aktar%2C+Mahbuba%22">Aktar, Mahbuba</searchLink><relatesTo>3</relatesTo> (AUTHOR)<br /><searchLink fieldCode="AR" term="%22Das+Gupta%2C+Anupam%22">Das Gupta, Anupam</searchLink><relatesTo>4</relatesTo> (AUTHOR)<br /><searchLink fieldCode="AR" term="%22Abedin%2C+Mohammad+Zoynul%22">Abedin, Mohammad Zoynul</searchLink><relatesTo>3,5</relatesTo> (AUTHOR)<i> m.abedin@tees.ac.uk</i>
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  Data: <searchLink fieldCode="JN" term="%22Environment%2C+Development+%26+Sustainability%22">Environment, Development & Sustainability</searchLink>. Apr2023, Vol. 25 Issue 4, p3523-3553. 31p.
– Name: Subject
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  Group: Su
  Data: *<searchLink fieldCode="DE" term="%22Economic+development%22">Economic development</searchLink><br />*<searchLink fieldCode="DE" term="%22Economic+impact%22">Economic impact</searchLink><br />*<searchLink fieldCode="DE" term="%22Ecological+impact%22">Ecological impact</searchLink><br />*<searchLink fieldCode="DE" term="%22Cointegration%22">Cointegration</searchLink><br />*<searchLink fieldCode="DE" term="%22Sustainability%22">Sustainability</searchLink><br />*<searchLink fieldCode="DE" term="%22Least+squares%22">Least squares</searchLink><br />*<searchLink fieldCode="DE" term="%22Panel+analysis%22">Panel analysis</searchLink>
– Name: Abstract
  Label: Abstract
  Group: Ab
  Data: This study investigates the relationship between economic development and environmental sustainability (ES) of 42 Asian countries from 2000 to 2017. We propose an ordinary least square (OLS) and fully modified ordinary least square (FMOLS) model to estimate the result. The OLS estimators of the balanced panel data on the aggregate sample and six subgroups of ecological area evidence some key findings. These are: (i) There is a significant positive linear relationship between economic growth (EG) and ecological footprint (EF); however, the relationship between EG and biocapacity (BC) is nonlinear. (ii) Among the subgroups that build up the land, samples depict a linear relationship with EG in EF and BC cases. (iii) Other than carbon-absorbing land and grazing land in the subgroup of EF, all other subgroups against environmental sustainability parameters show a nonlinear relationship with EG. (iv) The inverted U-shape curve is evident in Asian countries in explaining the relationship between EG and ES, and the impact of development indicator (GDP) on ecological subgroups is heterogeneous. The cointegration tests of the FMOLS model suggest the existence of a long-term relationship between the variables. Finally, the empirical observations show a growing trend of ecological deficit in Asia and advocate rapid policy development for environment-friendly economic development. [ABSTRACT FROM AUTHOR]
PLink https://search.ebscohost.com/login.aspx?direct=true&site=eds-live&db=enr&AN=162508759
RecordInfo BibRecord:
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    Identifiers:
      – Type: doi
        Value: 10.1007/s10668-022-02178-w
    Languages:
      – Code: eng
        Text: English
    PhysicalDescription:
      Pagination:
        PageCount: 31
        StartPage: 3523
    Subjects:
      – SubjectFull: Economic development
        Type: general
      – SubjectFull: Economic impact
        Type: general
      – SubjectFull: Ecological impact
        Type: general
      – SubjectFull: Cointegration
        Type: general
      – SubjectFull: Sustainability
        Type: general
      – SubjectFull: Least squares
        Type: general
      – SubjectFull: Panel analysis
        Type: general
    Titles:
      – TitleFull: The impact of economic development on environmental sustainability: evidence from the Asian region.
        Type: main
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          Name:
            NameFull: Ahmed, Tasnim
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            NameFull: Rahman, Mohammad Mazibar
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            NameFull: Aktar, Mahbuba
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            NameFull: Das Gupta, Anupam
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          Name:
            NameFull: Abedin, Mohammad Zoynul
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          Dates:
            – D: 01
              M: 04
              Text: Apr2023
              Type: published
              Y: 2023
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              Value: 1387585X
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              Value: 25
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              Value: 4
          Titles:
            – TitleFull: Environment, Development & Sustainability
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