|
|
Jules-Eric Tchapchet-Tchouto |
|
''An interpretation of the economic structural change decomposition versus sustainable growth path challenge : An empirical assessment in Asia-Pacific economies'' |
( 2024, Vol. 44 No.1 ) |
|
|
This paper assesses for 9 Asian-Pacific countries over the period 2000-2019, the response of the green growth path indicator to an interpretation of Economic Structural Change (ESC) decomposition. ESC can be dissociated by the following combined factors: production, energy consumption, natural resources, Economic Complexity or know-how, international trade, environmental regulation with tax. Using Ordinary Least Squares, two-step sytem-Generalized Method of Moments, Driscoll-Kraay estimation and Panel Quantile Regression strategies with different specifications (alternative dependent variable, additional control variable), results consistently evidenced that the Asia-Pacific environmental curve's corresponds to a specific polynomic association or an inverted U-Shaped. |
|
|
Keywords: Economic Structural Change Decomposition, Green Path Challenge, Asian-Pacific Countries, Economic Complexity, Natural Resources Rents, Environmental Quality indicators.
|
JEL: O1 - Economic Development: General Q5 - Environmental Economics: General |
|
Manuscript Received : Sep 08 2023 | | Manuscript Accepted : Mar 30 2024 |
|