Analyzing the economic development-driven ecological deficit in the EU-15 countries: new evidence from PSTR approach

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dc.authorid0000-0002-0398-9884
dc.authorid0000-0002-4762-9282
dc.authorscopusid56498675200
dc.authorscopusid55325345300
dc.authorscopusid25722917400
dc.authorwosidAYDIN, Celil/AAE-3086-2020
dc.authorwosidEsen, Ömer/E-8335-2015
dc.contributor.authorAydın, Celil
dc.contributor.authorEsen, Ömer
dc.contributor.authorAydın, Recai
dc.date.accessioned2022-05-11T14:33:44Z
dc.date.available2022-05-11T14:33:44Z
dc.date.issued2022
dc.departmentFakülteler, İktisadi ve İdari Bilimler Fakültesi, Maliye Bölümü
dc.description.abstractThis paper empirically analyzes the non-linear effect of economic activities on ecological balance indicators that estimate the balance between economies' pressure on nature and the biologically productive resource areas affected by human activity and the earth's ecological carrying capacity. In measuring this balance, ecological balance sheet indicators are divided into four sub-components: cropland, fishing grounds, forest area, and grazing land. The sample of the study consists of the EU-15 countries over the period 1995-2016. To render the study robust with respect to econometric issues such as potential endogeneity bias, cross-country heterogeneity, non-linearity, and time instability, the panel smooth transition regression (PSTR) method is adapted. The empirical findings reveal that up to a certain threshold level, economic activities do not affect the ecological balance as nature can compensate for the resulting externalities, but beyond this threshold, waste accumulation and pollution exceed nature's capacity to absorb. Consequently, these findings do not empirically support the EKC hypothesis with an inverted U-shaped curve and suggest that active environmental policies are needed to improve the environment.
dc.identifier.doi10.1007/s11356-021-16773-3
dc.identifier.endpage15204
dc.identifier.issn0944-1344
dc.identifier.issn1614-7499
dc.identifier.issue10en_US
dc.identifier.pmid34628608
dc.identifier.scopus2-s2.0-85116791950
dc.identifier.scopusqualityQ1
dc.identifier.startpage15188
dc.identifier.urihttps://doi.org/10.1007/s11356-021-16773-3
dc.identifier.urihttps://hdl.handle.net/20.500.11776/7887
dc.identifier.volume29
dc.identifier.wosWOS:000705810800001
dc.identifier.wosqualityQ2
dc.indekslendigikaynakWeb of Science
dc.indekslendigikaynakScopus
dc.indekslendigikaynakPubMed
dc.institutionauthorEsen, Ömer
dc.language.isoen
dc.publisherSpringer Heidelberg
dc.relation.ispartofEnvironmental Science and Pollution Research
dc.relation.publicationcategoryMakale - Uluslararası Hakemli Dergi - Kurum Öğretim Elemanıen_US
dc.rightsinfo:eu-repo/semantics/openAccess
dc.subjectEcological balance sheet
dc.subjectEnvironmental Kuznets curve
dc.subjectPanel smooth transition regression
dc.subjectEnvironmental Kuznets Curve
dc.subjectPanel-Data Analysis
dc.subjectCo2 Emissions
dc.subjectEnergy-Consumption
dc.subjectRenewable Energy
dc.subjectCarbon Emissions
dc.subjectBiodiversity Loss
dc.subjectGrowth
dc.subjectFootprint
dc.subjectHypothesis
dc.titleAnalyzing the economic development-driven ecological deficit in the EU-15 countries: new evidence from PSTR approach
dc.typeArticle

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