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An interpretation of the economic structural change decomposition versus sustainable growth path challenge : An empirical assessment in Asia-Pacific economies

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  • Jules-Eric Tchapchet-Tchouto

    (Public Economics Department & CERME - FSEG - UDs)

Abstract

This paper assesses for 9 Asian-Pacific countries over the period 2000-2019, the response of the green growth path indicator to an interpretation of Economic Structural Change (ESC) decomposition. ESC can be dissociated by the following combined factors: production, energy consumption, natural resources, Economic Complexity or know-how, international trade, environmental regulation with tax. Using Ordinary Least Squares, two-step sytem-Generalized Method of Moments, Driscoll-Kraay estimation and Panel Quantile Regression strategies with different specifications (alternative dependent variable, additional control variable), results consistently evidenced that the Asia-Pacific environmental curve's corresponds to a specific polynomic association or an inverted U-Shaped.

Suggested Citation

  • Jules-Eric Tchapchet-Tchouto, 2024. "An interpretation of the economic structural change decomposition versus sustainable growth path challenge : An empirical assessment in Asia-Pacific economies," Economics Bulletin, AccessEcon, vol. 44(1), pages 235-250.
    • Handle: RePEc:ebl:ecbull:eb-23-00429
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    More about this item

    Keywords

    Economic Structural Change Decomposition; Green Path Challenge; Asian-Pacific Countries; Economic Complexity; Natural Resources Rents; Environmental Quality indicators.;
    All these keywords.

    JEL classification:

    • O1 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development
    • Q5 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics

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