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Economic Growth and Pollutant Emissions: New Panel Evidence from the Union for the Mediterranean Countries

Author

Listed:
  • Abdeljelil, Mouna Ben

    (University of Sousse)

  • Rault, Christophe

    (University of Orléans)

  • Belaïd, Fateh

    (Lille Catholic University)

Abstract
This paper investigates the existence of an environmental Kuznets curve (EKC) and its robustness for 28 countries of the Union for the Mediterranean (UfM) over the recent period. Our methodology relies on four recent estimation methods for non-stationary panel data and includes four pollutants (two global and two local). Two main results emerge from our analysis. First, the EKC does not hold for most pollutants, and its validity crucially depends on the estimation techniques considered. Second, the Pooled-Mean Group method is the most favourable one and confirms the existence of an inverted U-shaped relationship for CO2 and SO2. Our results provide beneficial information for decision-makers. They suggest implementing proactive instruments based on both flexible regulations and tax incentives to stimulate ecological transition.

Suggested Citation

  • Abdeljelil, Mouna Ben & Rault, Christophe & Belaïd, Fateh, 2023. "Economic Growth and Pollutant Emissions: New Panel Evidence from the Union for the Mediterranean Countries," IZA Discussion Papers 15853, Institute of Labor Economics (IZA).
    • Handle: RePEc:iza:izadps:dp15853
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    2. Zhilei Pan & Shouwei Li, 2024. "Environmental emergencies and economic growth: evidence from China," Economic Change and Restructuring, Springer, vol. 57(1), pages 1-22, February.

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    More about this item

    Keywords

    environmental Kuznets curve; pollution; regional integration; The Union for the Mediterranean;
    All these keywords.

    JEL classification:

    • O44 - Economic Development, Innovation, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - Environment and Growth
    • Q53 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Air Pollution; Water Pollution; Noise; Hazardous Waste; Solid Waste; Recycling
    • R58 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Regional Government Analysis - - - Regional Development Planning and Policy

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