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Evaluating eco-efficiency in consumption and production through sustainable utilization of resources: A panel analysis of APAC by population

Author

Listed:
  • Khalid, Khaizran
  • Hussain, Bilal
  • Ali, Shafaqat

Abstract

Environmental problems are immensely increasing and have a significant impact on eco-system. The growing concerns about the reserves of resources for future generation and strategies to mitigate environmental degradation have been the premise for decision-making. The present study estimated the impact of eco-efficiency and carbon footprints on the environment by incorporating the consumption and production patterns of resource utilization of 19 Asia-Pacific Countries by populations as it is directly proportional to energy intensity. Westerlund co-integration test and panel co-integration techniques to the data sets covering the time of 1990–2018 for different models are applied in the study. At a panel level, the findings show the relationship of eco-efficiency as the proportion of resource utilization with the urban population. Further, results depicted that the greater the consumption and production patterns, the greater will be the carbon footprints. The study opens up a new dimension for policymakers to design policies as a limited consumption per person for sustainable long-run efficiency.

Suggested Citation

  • Khalid, Khaizran & Hussain, Bilal & Ali, Shafaqat, 2021. "Evaluating eco-efficiency in consumption and production through sustainable utilization of resources: A panel analysis of APAC by population," Renewable Energy, Elsevier, vol. 170(C), pages 1096-1106.
    • Handle: RePEc:eee:renene:v:170:y:2021:i:c:p:1096-1106
    DOI: 10.1016/j.renene.2021.01.018
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