Abstract:
Energy poverty and climate change are major concerns for the emerging seven countries. Therefore, this study explores the economic growth impact on reducing energy poverty and ecological footprint in the emerging seven economies from 2000 to 2019. Energy poverty is measured using three disciplines: availability poverty, accessibility poverty, and affordability poverty. We applied a new dynamic method, \"bias-corrected method of moments estimators (2021),\" for long-run outcomes. This study used the environmental Kuznets curve-approach to measure economic growth\'s scale effect and technique effect to reduce energy poverty and ecological footprint. Importantly, the study explores the mediating role of politically stable institutions in mitigating environmental and energy poverty. Our findings validate that energy poverty and ecological footprint could not reduce at the initial stage of economic growth. However, the later development stage shows a positive effect on reducing energy poverty and ecological footprint. These results validated an inverted U-shaped Kuznets curve hypothesis for emerging seven. Further, the result found that strong political systems are more quick-witted and have the legislative power to swiftly implement beneficial policies to pull out of the vicious circle of energy poverty. Further, environmental technology significantly reduced energy poverty and ecological footprint. The causality analysis entails that a bidirectional exists between energy poverty, income, and ecological footprint.
摘要:
能源贫困和气候变化是新兴七个国家的主要关切。因此,这项研究探讨了2000年至2019年新兴七个经济体的经济增长对减少能源贫困和生态足迹的影响。能源贫困是用三个学科来衡量的:可用性贫困,无障碍贫困,和负担能力贫困。我们应用了一种新的动态方法,“矩估计的偏差校正方法(2021),“对于长期的结果。本研究使用环境库兹涅茨曲线方法来衡量经济增长的规模效应和技术效应,以减少能源贫困和生态足迹。重要的是,这项研究探讨了政治稳定机构在缓解环境和能源贫困方面的调解作用。我们的研究结果证实,在经济增长的初始阶段,能源贫困和生态足迹无法减少。然而,后期发展阶段对减少能源贫困和生态足迹具有积极作用。这些结果验证了新兴七的倒U型库兹涅茨曲线假说。Further,结果发现,强大的政治制度更加机智,拥有立法权迅速实施有益政策,以摆脱能源贫困的恶性循环。Further,环境技术显著减少了能源贫困和生态足迹。因果关系分析意味着能源贫困之间存在双向关系,收入,生态足迹。