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

Jules-Eric Tchapchet-Tchouto ()
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Jules-Eric Tchapchet-Tchouto: Public Economics Department & CERME - FSEG - UDs
Authors registered in the RePEc Author Service: Jules-Eric Tchapchet Tchouto

Economics Bulletin, 2024, vol. 44, issue 1, 235 - 250

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.

Keywords: Economic Structural Change Decomposition; Green Path Challenge; Asian-Pacific Countries; Economic Complexity; Natural Resources Rents; Environmental Quality indicators. (search for similar items in EconPapers)
JEL-codes: O1 Q5 (search for similar items in EconPapers)
Date: 2024-03-30
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