IDEAS home Printed from https://ideas.repec.org/p/ris/adbiwp/0209.html
   My bibliography  Save this paper

Green Services and Emergence and Recovery from the Global Economic Slowdown in Developing Asian Economies

Author

Listed:
  • Stoughton, Mark

    (Asian Development Bank Institute)

  • Venkatachalam , Anbumozhi

    (Asian Development Bank Institute)

Abstract

The global economic slowdown has again highlighted the vulnerability of export-led development models and economies to downturns in export markets. Economic deepening or “rebalancing” with an emphasis on service-sector development should be—and is becoming—one long-term response to the crisis by Asia's emerging economies. In the long run, sustainable economic development will depend in part on achieving a “green” trajectory of service sector development, in which services help green the “product economy.” In the short run, however, can services help address short- and medium-term challenges of emergence and recovery from the crisis—particularly those of at least resuming historic rates of poverty alleviation and inclusive growth? Meeting these challenges will require that export sectors deal successfully with challenging market conditions. There is a class of closely related business-to-business services which act to green the product economy, and which would improve the competitiveness of export sectors and husband scarce public resources by optimizing the efficiency of infrastructure utilization. These are functional procurement/efficiency services, which transform procurement of environmentally problematic goods and services—such as waste disposal, energy, chemicals, and transport—into performance-based services in which service providers profit by increasing the customer's eco-efficiency. Energy Service Companies (ESCOs) are the best-known of these service models. These services appear to have strong potential among the larger, more sophisticated institutions and commercial and industrial enterprises in developing Asian states, particularly in Asia's more advanced developing economies.

Suggested Citation

  • Stoughton, Mark & Venkatachalam , Anbumozhi, 2010. "Green Services and Emergence and Recovery from the Global Economic Slowdown in Developing Asian Economies," ADBI Working Papers 209, Asian Development Bank Institute.
  • Handle: RePEc:ris:adbiwp:0209
    as

    Download full text from publisher

    File URL: http://www.adbi.org/working-paper/2010/03/31/3648.green.services.emergence.recovery.gfc.asia/
    File Function: Full text
    Download Restriction: no
    ---><---

    Other versions of this item:

    References listed on IDEAS

    as
    1. Yandle, B. & Bhattarai, M. & Vijayaraghavan, M., 2004. "Environmental Kuznets Curves: a review of findings, methods, and policy implications. PERC Research study 02-1 update," IWMI Research Reports H044740, International Water Management Institute.
    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. Venkatachalam Anbumozhi & Mari Kimura & Kumiko Isono, 2011. "Leveraging Environment and Climate Change Initiatives for Corporate Excellence," Development Economics Working Papers 23201, East Asian Bureau of Economic Research.

    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. Fabian Knorre & Martin Wagner & Maximilian Grupe, 2021. "Monitoring Cointegrating Polynomial Regressions: Theory and Application to the Environmental Kuznets Curves for Carbon and Sulfur Dioxide Emissions," Econometrics, MDPI, vol. 9(1), pages 1-35, March.
    2. Opoku, Eric Evans Osei & Boachie, Micheal Kofi, 2020. "The environmental impact of industrialization and foreign direct investment," Energy Policy, Elsevier, vol. 137(C).
    3. Ikuho Kochi & Patricia Cecilia Medina López, 2013. "Más allá de la Curva Ambiental de Kuznets: comprensión de los determinantes de la degradación ambiental en México," Nóesis. Revista de Ciencias Sociales y Humanidades, Nóesis. Revista de Ciencias Sociales y Humanidades, vol. 22, pages 52-83, 43.
    4. Sergey Zhironkin & Fares Abu-Abed & Elena Dotsenko, 2023. "The Development of Renewable Energy in Mineral Resource Clusters—The Case of the Siberian Federal District," Energies, MDPI, vol. 16(9), pages 1-28, April.
    5. Managi, Shunsuke, 2006. "Are there increasing returns to pollution abatement? Empirical analytics of the Environmental Kuznets Curve in pesticides," Ecological Economics, Elsevier, vol. 58(3), pages 617-636, June.
    6. Simona-Roxana Ulman & Costica Mihai & Cristina Cautisanu, 2020. "Peculiarities of the Relation between Human and Environmental Wellbeing in Different Stages of National Development," Sustainability, MDPI, vol. 12(19), pages 1-26, October.
    7. Pascalau, Razvan & Qirjo, Dhimitri, 2017. "TTIP and the Environmental Kuznets Curve," MPRA Paper 80192, University Library of Munich, Germany.
    8. Muller-Furstenberger, Georg & Wagner, Martin, 2007. "Exploring the environmental Kuznets hypothesis: Theoretical and econometric problems," Ecological Economics, Elsevier, vol. 62(3-4), pages 648-660, May.
    9. Emil Georgiev & Emil Mihaylov, 2015. "Economic growth and the environment: reassessing the environmental Kuznets Curve for air pollution emissions in OECD countries," Letters in Spatial and Resource Sciences, Springer, vol. 8(1), pages 29-47, March.
    10. Fiaz Ahmad Sulehri & Marc Audi & Marc Poulin & Amjad Ali, 2024. "Nexus between Innovation and Ecological Impact: A Moderated Mediation Investigation through Structural Equation Modeling Approach," International Journal of Energy Economics and Policy, Econjournals, vol. 14(4), pages 509-518, July.
    11. Georg Muller-Furstenberger & Martin Wagner & Benito Muller, 2005. "Exploring the Carbon Kuznets Hypothesis," Others 0506009, University Library of Munich, Germany.
    12. Marzio Galeotti & Matteo Manera & Alessandro Lanza, 2009. "On the Robustness of Robustness Checks of the Environmental Kuznets Curve Hypothesis," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 42(4), pages 551-574, April.
    13. Arturs Kalnins & Glen Dowell, 2017. "Community Characteristics and Changes in Toxic Chemical Releases: Does Information Disclosure Affect Environmental Injustice?," Journal of Business Ethics, Springer, vol. 145(2), pages 277-292, October.
    14. Wagner, Martin, 2008. "The carbon Kuznets curve: A cloudy picture emitted by bad econometrics?," Resource and Energy Economics, Elsevier, vol. 30(3), pages 388-408, August.
    15. Auci, Sabrina & Castelli, Annalisa, 2011. "Pollution and economic growth: a maximum likelihood estimation of environmental Kuznets curve," MPRA Paper 53441, University Library of Munich, Germany.
    16. Stypka, Oliver & Wagner, Martin & Grabarczyk, Peter & Kawka, Rafael, 2017. "The Asymptotic Validity of "Standard" Fully Modified OLS Estimation and Inference in Cointegrating Polynomial Regressions," Economics Series 333, Institute for Advanced Studies.
    17. Marzio Galeotti & Matteo Manera & Alessandro Lanza, 2006. "On the Robustness of Robustness Checks of the Environmental Kuznets Curve," Working Papers 2006.22, Fondazione Eni Enrico Mattei.
    18. Konya Sevilay, 2022. "Panel Estimation of the Environmental Kuznets Curve for CO2 Emissions and Ecological Footprint: Environmental Sustainability in Developing Countries," Folia Oeconomica Stetinensia, Sciendo, vol. 22(2), pages 123-145, December.
    19. Gulmira Issayeva & Elmira Y. Zhussipova & Galimzhan A. Pazilov, 2024. "Examining the Environmental Kuznets Curve Hypothesis in Energy, Agriculture, and Industry Sectors: The Case of Kazakhstan," International Journal of Energy Economics and Policy, Econjournals, vol. 14(4), pages 1-11, July.
    20. Wagner, Martin, 2012. "The Phillips unit root tests for polynomials of integrated processes," Economics Letters, Elsevier, vol. 114(3), pages 299-303.

    More about this item

    Keywords

    green service sector; energy service companies asia;

    JEL classification:

    • L80 - Industrial Organization - - Industry Studies: Services - - - General
    • L88 - Industrial Organization - - Industry Studies: Services - - - Government Policy
    • O14 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Industrialization; Manufacturing and Service Industries; Choice of Technology
    • O19 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - International Linkages to Development; Role of International Organizations
    • O25 - Economic Development, Innovation, Technological Change, and Growth - - Development Planning and Policy - - - Industrial Policy

    NEP fields

    This paper has been announced in the following NEP Reports:

    Statistics

    Access and download statistics

    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:ris:adbiwp:0209. 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: ADB Institute (email available below). General contact details of provider: https://edirc.repec.org/data/adbinjp.html .

    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.