Estimation of environmental Kuznets curve for SO2 emission: A case of Indian cities

Interaction between environmental degradation and economic growth is a growing matter of interest among policymakers. In this study, we have estimated Environmental Kuznets Curve (EKC) for 139 Indian cities considering SO2 emissions. Study has been done for 2001-2013, and the data have been segregated by residential and industrial areas, and as well as low, medium, and high income areas. Fixed and random effect panel regressions have been used for analysis, along with a series of auxiliary regressions on orthogonally transformed dataset. By virtue of different forms of EKC being found, policy level decisions have been designed. Moreover, non-rejection of EKC hypothesis reemphasized the impact of growth catalyzing economic policy decisions on environment

Estimation of environmental Kuznets curve for SO2 emission: A case of Indian cities

Interaction between environmental degradation and economic growth is a growing matter of interest among policymakers. In this study, we have estimated Environmental Kuznets Curve (EKC) for 139 Indian cities considering SO2 emissions. Study has been done for 2001-2013, and the data have been segregated by residential and industrial areas, and as well as low, medium, and high income areas. Fixed and random effect panel regressions have been used for analysis, along with a series of auxiliary regressions on orthogonally transformed dataset. By virtue of different forms of EKC being found, policy level decisions have been designed. Moreover, non-rejection of EKC hypothesis reemphasized the impact of growth catalyzing economic policy decisions on environment

Environmental Kuznets curve estimation for NO2 emission: A case of Indian cities

Interaction between environmental degradation and economic growth is a growing matter of interest among policymakers. Here we have estimated Environmental Kuznets Curve (EKC) for 139 Indian cities considering NO2 emissions. Study has been done for 2001-2013, and the data have been segregated by residential and industrial areas, and as well as low, medium, and high income areas. By virtue of different forms of EKC being found, policy level decisions have been designed. Moreover, non-rejection of EKC hypothesis reemphasized the impact of growth catalyzing economic policy decisions on environment

Inequality in Per Capita Water Availability: A Theil’s Second Measure Approach

This paper puts forward the application of Theil’s second measure in order to investigate international per capita water availability disparities. This index permits disparities to be disintegrated within and between groups of countries in a reliable way. An analysis of 188 countries for the period 1990–2012 demonstrates three observations: first, decline in per capita water availability disparities is characterized by both within-group and between-group inequality elements; second, between-group inequalities are at present the key contributor of the entire inequality scenario; and lastly, a comprehensive investigation on within-group inequalities divulges the noteworthy explanatory role played by Middle East countries towards increase in inequalities and countries pertaining to North America, Asia and Oceania towards decline in inequalities

Inequality in Per Capita Water Availability: A Theil’s Second Measure Approach

This paper puts forward the application of Theil’s second measure in order to investigate international per capita water availability disparities. This index permits disparities to be disintegrated within and between groups of countries in a reliable way. An analysis of 188 countries for the period 1990–2012 demonstrates three observations: first, decline in per capita water availability disparities is characterized by both within-group and between-group inequality elements; second, between-group inequalities are at present the key contributor of the entire inequality scenario; and lastly, a comprehensive investigation on within-group inequalities divulges the noteworthy explanatory role played by Middle East countries towards increase in inequalities and countries pertaining to North America, Asia and Oceania towards decline in inequalities

Estimation of environmental Kuznets curve for SO2 emission: A case of Indian cities

Interaction between environmental degradation and economic growth is a growing matter of interest among policymakers. In this study, we have estimated Environmental Kuznets Curve (EKC) for 139 Indian cities considering SO2 emissions. Study has been done for 2001-2013, and the data have been segregated by residential and industrial areas, and as well as low, medium, and high income areas. Fixed and random effect panel regressions have been used for analysis, along with a series of auxiliary regressions on orthogonally transformed dataset. By virtue of different forms of EKC being found, policy level decisions have been designed. Moreover, non-rejection of EKC hypothesis reemphasized the impact of growth catalyzing economic policy decisions on environment

Is Economic Liberalization causing Environmental Degradation in India? An Analysis of Interventions

India’s fossil fuel based energy-led economic growth and carbon emissions are largely influenced by economic liberalization. In this paper, we have considered twenty years before and after liberalization (1971-2010) and by formulation of an error correction model, we have demonstrated how causal associations among economic growth, drivers of growth, and negative consequences of growth undergo changes based on three constructs, namely industrialization, energy efficiency, and rural-urban migration. Analysis of missing feedback link in Environmental Kuznets Curve hypothesis using contextual interventions is the primary contribution of this paper in ecological economics literature

Is Economic Liberalization causing Environmental Degradation in India? An Analysis of Interventions

India’s fossil fuel based energy-led economic growth and carbon emissions are largely influenced by economic liberalization. In this paper, we have considered twenty years before and after liberalization (1971-2010) and by formulation of an error correction model, we have demonstrated how causal associations among economic growth, drivers of growth, and negative consequences of growth undergo changes based on three constructs, namely industrialization, energy efficiency, and rural-urban migration. Analysis of missing feedback link in Environmental Kuznets Curve hypothesis using contextual interventions is the primary contribution of this paper in ecological economics literature

Financial sector development and the poor in developing countries: revisiting the access to finance channel

With the help of thorough literature survey, the present study proposes that formal financial services by commercial banks in the developing countries are primarily suitable for the non-poor population and hence acts as a medium-direct channel of financial development to affect the poor whereas the semi-formal financial services by microfinance institutions specifically target the poor in developing countries and thus act as a direct channel. The paper also documents the divergent outcomes of lending through MFIs on the poor in rural areas and explains the coexistence of formal/semi-formal and informal financial markets. The paper further suggests that the future research in the area of finance-poor nexus may focus on providing comparative empirical evidence with respect to the effect of formal, semi-formal and informal finance on the poor in developing countries including the South Asian region. The result of such comparative studies would be of interest to all the key stakeholders in the development finance arena