IDEAS home Printed from https://ideas.repec.org/a/eee/jrpoli/v85y2023ipbs0301420723007286.html
   My bibliography  Save this article

Interplay between socio-economic challenges, environmental sustainability and the moderating role of government effectiveness in the Med-9 countries

Author

Listed:
  • Muoneke, Obumneke Bob
  • Okere, Kingsley Ikechukwu
  • Alemayehu, Fikru K.

Abstract

The presence of most Med-9 countries in the periphery regions in Europe compounds the problem of growth disparity and environmental decimation complicating government’s decision on which objective to pursue, this study intends to investigate the moderating role of government effectiveness in socioeconomic challenges and environmental quality nexus in Med-9 countries. The study employed the Instrumental Variable Generalized Method of Moments as its main econometric technique and relied on Augmented Mean Group technique for robustness check. Findings from the IV-GMM analysis showed that the interaction between government effectiveness and urban population increased environmental decay, while the interaction between government effectiveness, public debt, unemployment and net migration offered a mitigating path to environmental sustainability especially at higher levels of government effectiveness. Country-specific analysis unbundles the above results across selected countries in the Med-9 group. Suitable policy recommendations are rendered within the manuscript.

Suggested Citation

  • Muoneke, Obumneke Bob & Okere, Kingsley Ikechukwu & Alemayehu, Fikru K., 2023. "Interplay between socio-economic challenges, environmental sustainability and the moderating role of government effectiveness in the Med-9 countries," Resources Policy, Elsevier, vol. 85(PB).
    • Handle: RePEc:eee:jrpoli:v:85:y:2023:i:pb:s0301420723007286
    DOI: 10.1016/j.resourpol.2023.104017
    as

    Download full text from publisher

    File URL: http://www.sciencedirect.com/science/article/pii/S0301420723007286
    Download Restriction: Full text for ScienceDirect subscribers only
    File URL: https://libkey.io/10.1016/j.resourpol.2023.104017?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    References listed on IDEAS

    as
    1. Esseghir, Asma & Haouaoui Khouni, Leila, 2014. "Economic growth, energy consumption and sustainable development: The case of the Union for the Mediterranean countries," Energy, Elsevier, vol. 71(C), pages 218-225.
    2. Joakim Westerlund, 2007. "Testing for Error Correction in Panel Data," Oxford Bulletin of Economics and Statistics, Department of Economics, University of Oxford, vol. 69(6), pages 709-748, December.
    3. Usama Al-Mulali & Ilhan Ozturk & Hooi Lean, 2015. "The influence of economic growth, urbanization, trade openness, financial development, and renewable energy on pollution in Europe," Natural Hazards: Journal of the International Society for the Prevention and Mitigation of Natural Hazards, Springer;International Society for the Prevention and Mitigation of Natural Hazards, vol. 79(1), pages 621-644, October.
    4. Maria Carratù & Bruno Chiarini & Antonella D’Agostino & Elisabetta Marzano & Andrea Regoli, 2019. "Air pollution and public finance: evidence for European countries," Journal of Economic Studies, Emerald Group Publishing Limited, vol. 46(7), pages 1398-1417, November.
    5. Andrés Rodríguez-Pose & Marco Di Cataldo, 2015. "Quality of government and innovative performance in the regions of Europe," Journal of Economic Geography, Oxford University Press, vol. 15(4), pages 673-706.
    6. Andrew Adewale Alola & Glory Chiyoru Dike & Uju Violet Alola, 2022. "The Role of Legal System and Socioeconomic Aspects in the Environmental Quality Drive of the Global South," Social Indicators Research: An International and Interdisciplinary Journal for Quality-of-Life Measurement, Springer, vol. 163(2), pages 953-972, September.
    7. Ernest Reig-Martínez, 2013. "Social and Economic Wellbeing in Europe and the Mediterranean Basin: Building an Enlarged Human Development Indicator," Social Indicators Research: An International and Interdisciplinary Journal for Quality-of-Life Measurement, Springer, vol. 111(2), pages 527-547, April.
    8. Friedrichs, Jörg & Inderwildi, Oliver R., 2013. "The carbon curse: Are fuel rich countries doomed to high CO2 intensities?," Energy Policy, Elsevier, vol. 62(C), pages 1356-1365.
    9. Dogan, Eyup & Majeed, Muhammad Tariq & Luni, Tania, 2022. "Revisiting the nexus of ecological footprint, unemployment, and renewable and non-renewable energy for South Asian economies: Evidence from novel research methods," Renewable Energy, Elsevier, vol. 194(C), pages 1060-1070.
    10. Komlan Ametowoyo Adeve & Essosinam Franck Karabou, 2022. "Public debt and development sustainability issues in the West African Economic and Monetary Union (WAEMU)," Cogent Economics & Finance, Taylor & Francis Journals, vol. 10(1), pages 2079177-207, December.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Bozatli, Oguzhan & Akca, Hasim, 2024. "Effectiveness of environmental protection expenditures and resource tax policy in the Netherland's load capacity factor: Do government effectiveness and renewable energy matter? Evidence from Fourier ," Resources Policy, Elsevier, vol. 92(C).

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Lin, Boqiang & Okoye, Jude O., 2023. "Towards renewable energy generation and low greenhouse gas emission in high-income countries: Performance of financial development and governance," Renewable Energy, Elsevier, vol. 215(C).
    2. Giovanni Carnazza & Thomas I. Renström & Luca Spataro, 2023. "Is public debt environmentally friendly? The role of EU fiscal rules on environmental quality: An empirical assessment," Working Papers 2023.26, Fondazione Eni Enrico Mattei.
    3. Chien, Fengsheng & Anwar, Ahsan & Hsu, Ching-Chi & Sharif, Arshian & Razzaq, Asif & Sinha, Avik, 2021. "The role of information and communication technology in encountering environmental degradation: Proposing an SDG framework for the BRICS countries," Technology in Society, Elsevier, vol. 65(C).
    4. Taimoor Arif Kiani & Samina Sabir & Unbreen Qayyum & Sohail Anjum, 2023. "Estimating the effect of technological innovations on environmental degradation: empirical evidence from selected ASEAN and SAARC countries," Environment, Development and Sustainability: A Multidisciplinary Approach to the Theory and Practice of Sustainable Development, Springer, vol. 25(7), pages 6529-6550, July.
    5. Lei, Xiying & Alharthi, Majed & Ahmad, Ishtiaq & Aziz, Babar & Abdin, Zain ul, 2022. "Importance of international relations for the promotion of renewable energy, preservation of natural resources and environment: Empirics from SEA nations," Renewable Energy, Elsevier, vol. 196(C), pages 1250-1257.
    6. Angeliki N. Menegaki, 2021. "Towards a Global Energy-Sustainable Economy Nexus; Summing up Evidence from Recent Empirical Work," Energies, MDPI, vol. 14(16), pages 1-16, August.
    7. Muhammad Usman & Atif Jahanger & Muhammad Sohail Amjad Makhdum & Magdalena Radulescu & Daniel Balsalobre-Lorente & Elena Jianu, 2022. "An Empirical Investigation of Ecological Footprint Using Nuclear Energy, Industrialization, Fossil Fuels and Foreign Direct Investment," Energies, MDPI, vol. 15(17), pages 1-26, September.
    8. Bo Yang & Minhaj Ali & Shujahat Haider Hashmi & Mohsin Shabir, 2020. "Income Inequality and CO 2 Emissions in Developing Countries: The Moderating Role of Financial Instability," Sustainability, MDPI, vol. 12(17), pages 1-24, August.
    9. Khan, Muhammad Tariq Iqbal & Yaseen, Muhammad Rizwan & Ali, Qamar, 2019. "Nexus between financial development, tourism, renewable energy, and greenhouse gas emission in high-income countries: A continent-wise analysis," Energy Economics, Elsevier, vol. 83(C), pages 293-310.
    10. Xueying Meng & Tianqing Li & Mahmood Ahmad & Guitao Qiao & Yang Bai, 2022. "Capital Formation, Green Innovation, Renewable Energy Consumption and Environmental Quality: Do Environmental Regulations Matter?," IJERPH, MDPI, vol. 19(20), pages 1-14, October.
    11. Murshed, Muntasir, 2024. "Can resolving geopolitical tensions help South Asian countries elude the carbon curse of natural resources?," Resources Policy, Elsevier, vol. 90(C).
    12. Awa Traoré & Cheikh T. Ndour & Simplice A. Asongu, 2023. "Promoting Environmental Sustainability in Africa: Evidence from Governance Synergy," Working Papers of the African Governance and Development Institute. 23/002, African Governance and Development Institute..
    13. Buhari DOĞAN & Osman DEĞER, 2018. "The role of economic growth and energy consumption on CO2 emissions in E7 countries," Theoretical and Applied Economics, Asociatia Generala a Economistilor din Romania / Editura Economica, vol. 0(2(615), S), pages 231-246, Summer.
    14. José Fuinhas & António Marques & Alcino Couto, 2015. "Oil rents and economic growth in oil producing countries: evidence from a macro panel," Economic Change and Restructuring, Springer, vol. 48(3), pages 257-279, November.
    15. Muhammad Shahbaz & Mehmet Akif Destek & Michael L. Polemis, 2018. "Do Foreign Capital and Financial Development Affect Clean Energy Consumption and Carbon Emissions? Evidence from BRICS and Next-11 Countries," SPOUDAI Journal of Economics and Business, SPOUDAI Journal of Economics and Business, University of Piraeus, vol. 68(4), pages 20-50, October-D.
    16. Mirza, Faisal Mehmood & Sinha, Avik & Khan, Javeria Rehman & Kalugina, Olga A. & Zafar, Muhammad Wasif, 2022. "Impact of Energy Efficiency on CO2 Emissions: Empirical Evidence from Developing Countries," MPRA Paper 111923, University Library of Munich, Germany, revised 2022.
    17. Irfan, Muhammad & Abdur Rehman, Mubeen & Liu, Xuemei & Razzaq, Asif, 2022. "Interlinkages between mineral resources, financial markets, and sustainable energy sources: Evidence from minerals exporting countries," Resources Policy, Elsevier, vol. 79(C).
    18. Lars Sorge & Anne Neumann, 2017. "The Nexus of CO2 Emissions, Energy Consumption, Economic Growth, and Trade-Openness in WTO Countries," Discussion Papers of DIW Berlin 1699, DIW Berlin, German Institute for Economic Research.
    19. Ahsan Anwar & Avik Sinha & Arshian Sharif & Muhammad Siddique & Shoaib Irshad & Waseem Anwar & Summaira Malik, 2022. "The nexus between urbanization, renewable energy consumption, financial development, and CO2 emissions: evidence from selected Asian countries," Environment, Development and Sustainability: A Multidisciplinary Approach to the Theory and Practice of Sustainable Development, Springer, vol. 24(5), pages 6556-6576, May.
    20. Gyamfi, Bright Akwasi & Agozie, Divine Q. & Bekun, Festus Victor, 2022. "Can technological innovation, foreign direct investment and natural resources ease some burden for the BRICS economies within current industrial era?," Technology in Society, Elsevier, vol. 70(C).

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:eee:jrpoli:v:85:y:2023:i:pb:s0301420723007286. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Catherine Liu (email available below). General contact details of provider: http://www.elsevier.com/locate/inca/30467 .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.