Preprint Article Version 1 Preserved in Portico This version is not peer-reviewed

Impact of Economic Growth on Environmental Health: Evidence from Argentina, Equatorial Guinea, and South Korea

Version 1 : Received: 6 January 2024 / Approved: 8 January 2024 / Online: 11 January 2024 (14:15:30 CET)

How to cite: Akbar, U.S. Impact of Economic Growth on Environmental Health: Evidence from Argentina, Equatorial Guinea, and South Korea . Preprints 2024, 2024010939. https://doi.org/10.20944/preprints202401.0939.v1 Akbar, U.S. Impact of Economic Growth on Environmental Health: Evidence from Argentina, Equatorial Guinea, and South Korea . Preprints 2024, 2024010939. https://doi.org/10.20944/preprints202401.0939.v1

Abstract

This study investigates the influence of economic growth on CO2 emissions levels in three developed countries—Argentina, Equatorial Guinea, and South Korea—based on their status as high-income countries. We test the environmental Kuznets curve (EKC) hypothesis using the time series approaches to check the relationship and direction of causality among the variables over a sample spanning 1974–2020. The results show an inverted U-shaped short-run relationship in all three countries. In the long run, only South Korea supports the EKC hypothesis. Further, Granger causality results indicate the existence of causality. These long-run causal relationships between economic growth and emissions recommend one policy implication that wealthy governments must expand investments in renewable clean energy projects and R&D, with regulatory measures to suppress harmful environmental procedures and support environmentally friendly development.

Keywords

Environmental Kuznets curve; ARDL bounds testing; CO2 emissions; economic growth; high-income

Subject

Business, Economics and Management, Business and Management

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