Abstract
ABSTRACT Introduction The effects of temperature have largely been under-examined in climate change studies. This study examines both direct and indirect effects of temperature on environmental degradation using the sample of 103 middle-income countries from 1985 to 2019. Unlike previous studies in which a single equation approach is utilized, our study considers the simultaneous equations modelling to examine the energy-growth-environment nexus incorporating temperature and corruption. The difference and system generalized method of moments estimations for panel data are used. Outcomes Empirical results from this paper confirm both the direct and indirect effects (via energy consumption) of temperature on environmental degradation. We find corruption harms economic growth in middle-income countries. The continued use of fossil fuel energy in energy consumption deteriorates environmental quality. Our findings confirm the critical role of the services sector in supporting economic growth and reducing emerging consumption, leading to increased environmental quality. Conclusion Findings from our study reconfirm the vital role of renewable energy and its extended use in achieving dual objectives of supporting economic growth and improving the environmental quality in middle-income countries.
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.