Environmental Phillips curve: OECD and Asian NICs perspective
Article
Article Title | Environmental Phillips curve: OECD and Asian NICs perspective |
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ERA Journal ID | 5827 |
Article Category | Article |
Authors | Kashem, Mohammad Abul (Author) and Rahman, Mohammad Mafizur (Author) |
Journal Title | Environmental Science and Pollution Research |
Journal Citation | 27, pp. 31153-31170 |
Number of Pages | 18 |
Year | 2020 |
Publisher | Springer |
Place of Publication | Germany |
ISSN | 0944-1344 |
1614-7499 | |
Digital Object Identifier (DOI) | https://doi.org/10.1007/s11356-020-08620-8 |
Web Address (URL) | https://link.springer.com/article/10.1007/s11356-020-08620-8 |
Abstract | This research aims to explore the existence of a new concept known as 'environmental Phillips curve' (EPC) developed by the authors. Taking annual data of 30 countries for 26 years, a panel data estimation method is applied. The invented function shows an inverse relationship between pollution and unemployment. In most of the cases, the industrialized countries show that the relationship is valid. The notion is proved effective in every format of investigation. It seems that curbing pollution in the world is only possible at the cost of human employment. Therefore, if countries want to curb environmental pollution without affecting the generation of employment and reducing poverty, they should contemplate both innovation and enforcement alternative technologies that would be less polluting but employment friendly. Moreover, this research also suggests that if a country can treat pollution efficiently, it can increase the national income without a deteriorating unemployment level. |
Keywords | Environmental Phillips curve (EPC); CO2 emissions; unemployment; panel data; OECD |
ANZSRC Field of Research 2020 | 410402. Environmental assessment and monitoring |
380105. Environment and resource economics | |
380204. Panel data analysis | |
380112. Macroeconomics (incl. monetary and fiscal theory) | |
Public Notes | Files associated with this item cannot be displayed due to copyright restrictions. |
Byline Affiliations | Bangladesh Bank, Bangladesh |
School of Commerce | |
Institution of Origin | University of Southern Queensland |
https://research.usq.edu.au/item/q5vwy/environmental-phillips-curve-oecd-and-asian-nics-perspective
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