Incorporating forests, agriculture, and energy consumption in the framework of the Environmental Kuznets Curve: a dynamic panel data approach
Article
Article Title | Incorporating forests, agriculture, and energy consumption in the framework of the Environmental Kuznets Curve: a dynamic panel data approach |
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ERA Journal ID | 41498 |
Article Category | Article |
Authors | Parajuli, Rajan (Author), Joshi, Omkar (Author) and Maraseni, Tek (Author) |
Journal Title | Sustainability |
Journal Citation | 11 (9), pp. 1-11 |
Article Number | 2688 |
Number of Pages | 11 |
Year | 2019 |
Publisher | MDPI AG |
Place of Publication | Switzerland |
ISSN | 2071-1050 |
Digital Object Identifier (DOI) | https://doi.org/10.3390/su11092688 |
Web Address (URL) | https://www.mdpi.com/2071-1050/11/9/2688 |
Abstract | Based on country-specific panel data from 1990–2014 for 86 different countries, we quantify the effects of forests and agricultural land in CO2 emissions, using the framework of the Environmental Kuznets Curve (EKC). The results from the dynamic panel data method reveal that forests are an important determinant in reducing CO2 emissions globally, but the effects vary by region. All else constant, we estimate a 0.11% decline in CO2 emissions per 1% increase in the forest area globally. However, the agricultural sector is found to be a true CO2 emitter. Our study provides additional empirical evidence for the roles of forests in regulating atmospheric CO2, further reinforcing the importance of forests in global climate change policies. |
Keywords | dynamic panel data model; Environmental Kuznets Curve; CO2 emissions; economic growth; endogeneity |
ANZSRC Field of Research 2020 | 300707. Forestry management and environment |
Byline Affiliations | North Carolina State University, United States |
Oklahoma State University, United States | |
Institute for Life Sciences and the Environment | |
Institution of Origin | University of Southern Queensland |
https://research.usq.edu.au/item/q5442/incorporating-forests-agriculture-and-energy-consumption-in-the-framework-of-the-environmental-kuznets-curve-a-dynamic-panel-data-approach
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Rajan et al. Sustainability-11-02688 (2).pdf | ||
License: CC BY 4.0 | ||
File access level: Anyone |
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