Environmental Kuznets curve for biodiversity loss: evidence from South and Southeast Asian countries.

Abstract

This study aims to explore the income-biodiversity loss nexus in South and Southeast Asian countries covering the period between 2013 and 2019. Negative Binomial regression models are used to deal with the count regressand variable with specific emphasis on different taxonomic groups of threatened species, namely, mammal, bird, reptile, amphibian, fish, mollusk, other invertebrate, plant, and total threatened species. We find strong support of an inverted U-shaped relationship between income and biodiversity loss in all taxonomic groups of threatened species examined. Additionally, agricultural land has a significant and positive effect on biodiversity loss. Control of corruption and biodiversity loss are found to be negatively associated. The inverted U-shaped EKC suggests that South and Southeast Asian countries are required to identify policy priority areas that could achieve robust economic growth while reducing biodiversity loss. Our findings also provide valuable policy insights to assist the policy makers to better cope with the problem of biodiversity loss via corruption control and agricultural land use.