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Does the Environmental Kuznets Curve Phenomenon Happening in High, Medium, and Low Income Countries?

Author

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  • Marselina

    (Faculty of Economics and Business, Universitas Lampung, Lampung, Indonesia.)

  • Tri Joko Prasetyo

    (Faculty of Economics and Business, Universitas Lampung, Lampung, Indonesia.)

Abstract

The most significant reduction in environmental quality is thought to have occurred in low-income countries, while low environmental degradation occurred in those high-income countries. Using the cluster purposive sampling technique, countries from 5 continents were examined to see if they had complete data and represented three categories. Seventy-eight countries were found to meet these requirements and were then used as research samples from 2015 to 2019. The Data Panel Regression technique was used to analyses the data. This study is expected to be able to produce policies in the form of a sustainable environmental management model that continues to support economic growth. This study proved that the Environmental Kuznets Curve (EKC) phenomenon applies from 2015 to 2019 in high-income countries, and population growth rates have a significant negative impact on Carbon Dioxide (CO2) emissions. This means that the more prosperous a country, the less the environmental degradation, while in low-income countries, carbon emissions increase when economic growth increases. In developing countries, as the population increases, environmental degradation increases, while in low-income countries the amount of carbon emissions is affected by economic growth and population. Some compensate and subsidies low-income countries which are able to care for their environment.

Suggested Citation

  • Marselina & Tri Joko Prasetyo, 2023. "Does the Environmental Kuznets Curve Phenomenon Happening in High, Medium, and Low Income Countries?," International Journal of Energy Economics and Policy, Econjournals, vol. 13(1), pages 544-551, January.
  • Handle: RePEc:eco:journ2:2023-01-57
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    References listed on IDEAS

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    Cited by:

    1. Li, Zhiyuan & Patel, Nikunj & Liu, Jiayang & Kautish, Pradeep, 2023. "Natural resources-environmental sustainability-socio-economic drivers nexus: Insights from panel quantile regression analysis," Resources Policy, Elsevier, vol. 86(PB).

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    More about this item

    Keywords

    Environment Degradation; Emission; Environmental Kuznets Curve; Sustainable Development;
    All these keywords.

    JEL classification:

    • O44 - Economic Development, Innovation, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - Environment and Growth
    • Q43 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Energy - - - Energy and the Macroeconomy
    • Q56 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Environment and Development; Environment and Trade; Sustainability; Environmental Accounts and Accounting; Environmental Equity; Population Growth
    • Q58 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Environmental Economics: Government Policy

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