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New insights on the environmental Kuznets curve (EKC) for Central Asia

Author

Listed:
  • Massimiliano Caporin

    (University of Padova
    Rimini Center for Economic Analysis)

  • Arusha Cooray

    (James Cook University)

  • Bekhzod Kuziboev

    (Urgench State University
    Central Asian University
    University of South Bohemia)

  • Inomjon Yusubov

    (Urgench State University)

Abstract

We estimate the environmental Kuznets curve (EKC) for Central Asia by allowing for the possibility of linear, U-shaped and N-shaped forms, and considering the impact of ecological footprint, climate change adaptation and energy consumption. We employ a fully modified ordinary least squares framework for cointegrating polynomial regressions, and include obtained long-run relations in a panel Vector Error Correction model. The findings suggest that the linear EKC form is more coherent for Central Asia compared to the N-shaped EKC form. We link this to the fact that the Central Asian countries are in the first stage of the EKC. We observe that Gross domestic product, ecological footprint, energy consumption and climate change adaptation positively impact carbon dioxide emissions in the long-run. Moreover, there is bidirectional causality from $$GDP$$ GDP and climate change adaptation to $${CO}_{2}$$ CO 2 emissions, while causality is unidirectional between emissions and energy consumption.

Suggested Citation

  • Massimiliano Caporin & Arusha Cooray & Bekhzod Kuziboev & Inomjon Yusubov, 2024. "New insights on the environmental Kuznets curve (EKC) for Central Asia," Empirical Economics, Springer, vol. 66(5), pages 2335-2354, May.
  • Handle: RePEc:spr:empeco:v:66:y:2024:i:5:d:10.1007_s00181-023-02520-9
    DOI: 10.1007/s00181-023-02520-9
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    More about this item

    Keywords

    Environmental Kuznets curve; FMOLS; VECM; Ecological footprint; Climate change adaptation; Energy consumption;
    All these keywords.

    JEL classification:

    • Q50 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - General
    • Q20 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Renewable Resources and Conservation - - - General
    • C13 - Mathematical and Quantitative Methods - - Econometric and Statistical Methods and Methodology: General - - - Estimation: General
    • C23 - Mathematical and Quantitative Methods - - Single Equation Models; Single Variables - - - Models with Panel Data; Spatio-temporal Models

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