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Social capital and CO2 emission—output relations: a panel analysis


Ibrahim, Mansor H. and Law, Siong Hook (2014) Social capital and CO2 emission—output relations: a panel analysis. Renewable and Sustainable Energy Reviews, 29. pp. 528-534. ISSN 1364-0321; ESSN: 1879-0690


The present paper examines the mitigating effect of social capital on the environmental Kuznets curve (EKC) for CO2 emissions using a panel data of 69 developed and developing countries. Adopting generalised method of moments (GMM) estimators, the paper finds evidence substantiating the presence of EKC. Moreover, the evidence suggests that the pollution costs of economic development tend to be lower in countries with higher social capital reservoir. Surprisingly, there is also evidence to indicate that the income threshold point beyond which CO2 emissions decline is higher in countries with higher social capital. These results are robust to addition of alternative controlled variables in the EKC specification. Thus, in addition to policy focus on investments in environmentally friendly technology and on the use of renewable energy, investments in social capital can also mitigate the pollution effects of economic progress.

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Additional Metadata

Item Type: Article
Divisions: Faculty of Economics and Management
DOI Number: https://doi.org/10.1016/j.rser.2013.08.076
Publisher: Elsevier
Keywords: Environmental Kuznets curve; CO2 emissions; Social capital; GMM
Depositing User: Nurul Ainie Mokhtar
Date Deposited: 06 Jan 2016 03:40
Last Modified: 06 Jan 2016 03:40
Altmetrics: http://www.altmetric.com/details.php?domain=psasir.upm.edu.my&doi=10.1016/j.rser.2013.08.076
URI: http://psasir.upm.edu.my/id/eprint/35398
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