Version 1
: Received: 18 April 2022 / Approved: 18 April 2022 / Online: 18 April 2022 (10:38:40 CEST)
How to cite:
Azam, M.; Abbassi, W.; Tayachi, T.; Azam, R.I. Impact of Socioeconomic Factors on Environmental Quality: A Panel Quintile Regression Method. Preprints2022, 2022040164. https://doi.org/10.20944/preprints202204.0164.v1
Azam, M.; Abbassi, W.; Tayachi, T.; Azam, R.I. Impact of Socioeconomic Factors on Environmental Quality: A Panel Quintile Regression Method. Preprints 2022, 2022040164. https://doi.org/10.20944/preprints202204.0164.v1
Azam, M.; Abbassi, W.; Tayachi, T.; Azam, R.I. Impact of Socioeconomic Factors on Environmental Quality: A Panel Quintile Regression Method. Preprints2022, 2022040164. https://doi.org/10.20944/preprints202204.0164.v1
APA Style
Azam, M., Abbassi, W., Tayachi, T., & Azam, R.I. (2022). Impact of Socioeconomic Factors on Environmental Quality: A Panel Quintile Regression Method. Preprints. https://doi.org/10.20944/preprints202204.0164.v1
Chicago/Turabian Style
Azam, M., Tahar Tayachi and Rauf I Azam. 2022 "Impact of Socioeconomic Factors on Environmental Quality: A Panel Quintile Regression Method" Preprints. https://doi.org/10.20944/preprints202204.0164.v1
Abstract
Nowadays, determining the socioeconomic factors' influence on environmental quality is a crucial issue for policymakers. We aim to explore the impact of socioeconomic factors i.e., ethnic conflicts inform ethnic fragmentation, institutions quality effectiveness, and energy consumption on environmental quality by testing the various hypotheses (Pollution Halo Hypothesis, IPAT, and EKC) in 40 selected Asian countries throughout 1993-2019. We also use a set of control variables which are gross domestic product per capita, foreign direct investment inflows, and population growth to determine their impact on environmental quality. We use the Panel Quintile Regression Method of 0.25, 0.5, and 0.75 to analyze the results. We find ethnic conflict negatively affects the environmental quality at all quantiles. The institution's variables regulatory quality and rule of law negatively influence the environmental quality. Our result supports Porter's hypothesis because the effect of direct foreign investment on the amount of CO2 emissions is negative and significant at 0.25, 0.5, and 0.75 quantiles which states that foreign direct investment in the host country supports environmental quality. Furthermore, our results support the IPAT hypothesis in selected Asian countries.
Copyright:
This is an open access article distributed under the Creative Commons Attribution License which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited.
