Persistence of policy shocks to an environmental degradation index: The case of ecological footprint in 128 developed and developing countries
TL;DR: In this article, the authors examined the stationarity of ecological footprint for 128 countries for the period 1961-2013 and found that ecological footprint is a nonstationary series and as such policies such as imposition of carbon tax, subsidy on cleaner energy and appropriate land use act will have long-term and permanent effects on it in many countries.
About: This article is published in Ecological Indicators.The article was published on 2018-06-01. It has received 121 citations till now. The article focuses on the topics: Ecological footprint & Environmental degradation.
Citations
More filters
TL;DR: This paper explored the effect of the amounts of natural resources, human capital, and foreign direct investment on the ecological footprint in the presence of energy consumption and economic growth using US data from 1970 to 2015.
401 citations
TL;DR: In this article, the role of financial development and globalization on the ecological footprint (EF) was investigated for selected one-belt-one-road initiative countries from 1990 to 2014, and the pooled means group long-run panel estimation results showed that the EF sparks off by 0.0211 percent global hectares (gha) in selected panel countries when there is a 1 percent rise in financial development.
295 citations
TL;DR: For the SSA countries, the upgrading of industrial structure and further improvement of renewable energy are needed and urbanization plays a crucial role in contributing to environmental degradation and requires immediate policy response.
279 citations
TL;DR: It is suggested that natural resources and renewable energy consumption improve environmental quality in the long run, while population growth and non-renewable energy consumption contribute to its deterioration.
271 citations
TL;DR: In this article, the authors explored the linkage between natural resource, renewable energy, human capital, and ecological footprint (EF) in BRICS using a battery of advance econometric techniques.
190 citations
References
More filters
TL;DR: In this paper, the concepts of human carrying capacity and natural capital were used to develop a framework to evaluate each city's ecological footprints and appropriated carrying capacity in the context of urban economics.
Abstract: Ecological footprints and appropriated carrying capacity: what urban economics leaves out uses the concepts of human carrying capacity and natural capital to develop a framework to evaluate each ci...
1,815 citations
"Persistence of policy shocks to an ..." refers background in this paper
...Conceived in 1990 by William Rees and Mathis Wackernagel in 1990 at the university of British Columbia and later developed by Rees (1992), Wackernagel (1994) and Rees and Wackernagel (1996), different aspect of the index has been studied by Charfeddine and Mrabet (2017), Ozturk et al. (2016),…...
[...]
TL;DR: In this paper, the authors proposed a simple testing procedure to detect the presence of nonstationarity against nonlinear but globally stationary exponential smooth transition autoregressive processes, and derived the limiting nonstandard distribution of the proposed tests.
1,476 citations
TL;DR: In this paper, the authors describe an approach to assess the ecological role of cities and to estimate the scale of the impact they are having on the ecosphere, showing that cities are causally linked to accelerating global ecological decline and are not by themselves sustainable.
935 citations
TL;DR: In this article, the authors propose tests for unit root and other forms of nonstationarity that are asymptotically locally most powerful against a certain class of alternatives and have the same critical values given by the chi-squared distribution.
Abstract: This article proposes tests for unit root and other forms of nonstationarity that are asymptotically locally most powerful against a certain class of alternatives and have asymptotic critical values given by the chi-squared distribution. Many existing unit root tests do not share these properties. The alternatives include fractionally and seasonally fractionally differenced processes. There is considerable flexibility in our choice of null hypothesis, which can entail one or more integer or fractional roots of arbitrary order anywhere on the unit circle in the complex plane. For example, we can test for a fractional degree of integration of order 1/2; this can be interpreted as a test for nonstationarity against stationarity. “Overdifferencing” stationary null hypotheses can also be tested. The test statistic is derived via the score principle and is conveniently expressed in the frequency domain. The series tested are regression errors, which, when the hypothesized differencing is correct, are w...
892 citations
"Persistence of policy shocks to an ..." refers methods in this paper
...Chen et al. (2016) used the fractional integration method of Robinson (1994) to test for the stationarity of air pollution of four key Chinese metropolises, for the period, September 28 of 2013 to December 12 of 2015....
[...]
TL;DR: In this paper, a new augmented Dickey-Fuller-type test for unit roots which accounts for two structural breaks was proposed, where the breaks whose time of occurrence is assumed to be unknown are modeled as innovational outliers and thus take effect gradually.
Abstract: In this paper, we propose a new augmented Dickey–Fuller-type test for unit roots which accounts for two structural breaks We consider two different specifications: (a) two breaks in the level of a trending data series and (b) two breaks in the level and slope of a trending data series The breaks whose time of occurrence is assumed to be unknown are modeled as innovational outliers and thus take effect gradually Using Monte Carlo simulations, we show that our proposed test has correct size, stable power, and identifies the structural breaks accurately
571 citations