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A different look at the environmental Kuznets curve from the perspective of environmental deterioration and economic policy uncertainty: evidence from fragile countries

  • Economic Uncertainty, (Geo)Political Risk, and Sustainable Development Goals
  • Published:
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Abstract

Environmental degradation is one of the most significant issues that developing nations confront and needs to be resolved right away in order for them to achieve sustainable development. Government policies are crucial in this situation since emerging nations frequently struggle with the issue of policy ambiguity, which can result in environmental deterioration. In this context, this study investigates how policy uncertainty affects environmental degradation in the five fragile emerging economies known as the Fragile Five—Brazil, India, Indonesia, South Africa, and Turkey. Using data from 1996 to 2019, we estimate a Panel Quantile Regression analysis. The empirical findings indicate that economic policy uncertainty and technology innovation increases the environmental degradation whereas environmental degradation is slowed down by financial development and renewable energy consumption. Empirical evidence also confirms the presence of EKC hypothesis in fragile economies. Based on the findings, we suggest both a policy and an environmental framework for achieving sustainable development in fragile economies.

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Data availability

The datasets analysed during the current study are available in the World Bank Data Bank Database repository (https://data.worldbank.org).

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Authors and Affiliations

  1. Business Administration Department, Faculty of Management Sciences, ILMA University, Karachi, Pakistan

    Ahsan Anwar

  2. Siverek Vocational School, Department of Accounting and Taxation, Harran University, Sanliurfa, Turkey

    Abdulkadir Barut

  3. Kelkit Vocational School, Department of Accounting and Taxation, Gümüşhane University, Gümüşhane, Turkey

    Fahrettin Pala

  4. College of Economics and Management, Al-Qasimia University, Sharjah, United Arab Emirates

    Nurcan Kilinc-Ata

  5. Research Laboratory for Science and Technology Studies and Economics of Knowledge, National Research University “Higher School of Economics”, Moscow, Russia

    Nurcan Kilinc-Ata

  6. Faculty of Social Sciences and Humanities, Department of Accounting and Finance, Malatya Turgut Özal University, Malatya, Turkey

    Emine Kaya

  7. College of Economics, Vinh University, Vinh, Vietnam

    Duong Thi Quynh Lien

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  1. Ahsan Anwar
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  2. Abdulkadir Barut
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  3. Fahrettin Pala
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  4. Nurcan Kilinc-Ata
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  5. Emine Kaya
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  6. Duong Thi Quynh Lien
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Contributions

Ahsan Anwar: Conceptualization, Writing, Editing, Data Analysis, and Supervision. Abdulkadir BARUT: Writing, Editing, and Review of Manuscript. Fahrettin Pala: Literature Review, Interpretation of results. Nurcan Kilinc-Ata: Writing original draft, Editing, and Review of Manuscript. Emine Kaya: Literature Review, Methodology writing. Duong Thi Quynh Lien: Writing Original Draft, Literature Review.

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Anwar, A., Barut, A., Pala, F. et al. A different look at the environmental Kuznets curve from the perspective of environmental deterioration and economic policy uncertainty: evidence from fragile countries. Environ Sci Pollut Res (2023). https://doi.org/10.1007/s11356-023-28761-w

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