Author
Listed:
- Jinrong Jia
- Muhammad Khalid Anser
- Michael Yao-Ping Peng
- Abdelmohsen A. Nassani
- Mohamed Haffar
- Khalid Zaman
Abstract
The coronavirus disease 2019 is a deadly disease that globally infected millions of people. It enormously increases economies national healthcare bills and death tolls that deprive the global world. The negative environmental externality further strains the country's healthcare sustainability agenda, causing to decline in global income. The study evaluates the different socio-economic and environmental factors to assess ecological complexity in a large, cross-country data set that includes 60 countries. The study used the following variables for estimation, i.e., coronavirus cases, cost of carbon emissions, per capita economic growth, foreign direct investment inflows, and population growth. Markov Switching Regression, VAR Granger causality and variance decomposition analysis applied on the given dataset. The results show that the COVID-19 cases have a rebound effect on environmental quality. Economic activities started after a lifted lockdown, and unsustainable production and consumption led to a deteriorating natural environment. The U-shaped relationship is found between carbon pollution and per capita income. On the other hand, the inverted U-shaped relationship is found between coronavirus cases and carbon pollution. The foreign direct investment inflows and population density increases carbon pollution. The study concludes that stringent environmental policies and incentive-based regulations help to minimize coronavirus cases and mitigate carbon pollution.
Suggested Citation
Jinrong Jia & Muhammad Khalid Anser & Michael Yao-Ping Peng & Abdelmohsen A. Nassani & Mohamed Haffar & Khalid Zaman, 2022.
"Economic and ecological complexity in the wake of COVID-19 pandemic: evidence from 60 countries,"
Economic Research-Ekonomska Istraživanja, Taylor & Francis Journals, vol. 35(1), pages 3397-3415, December.
Handle:
RePEc:taf:reroxx:v:35:y:2022:i:1:p:3397-3415
DOI: 10.1080/1331677X.2021.1996257
Download full text from publisher
As the access to this document is restricted, you may want to search for a different version of it.
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:taf:reroxx:v:35:y:2022:i:1:p:3397-3415. 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.
We have no bibliographic references for this item. You can help adding them by using 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: Chris Longhurst (email available below). General contact details of provider: http://www.tandfonline.com/rero .
Please note that corrections may take a couple of weeks to filter through
the various RePEc services.