Transforming capital: The role of human capital structure in modulating environmental outcomes across economic transitions

Qiuyun Zhao, Fan Liu, Zhenhai Liu and Jie Zheng

International Review of Economics & Finance, 2024, vol. 93, issue PB, 398-412

Abstract: Based on the perspective of new structural economics, this study builds a theoretical framework of human capital structure and environmental pollution. Human capital structure on pollution has different manifestations at different stages of development, the effect of pollution based on human capital structure follows the environmental Kuznets curve. Using multinational panel data (1990–2015) and provincial panel data for China (2004–2020), examined the dynamic relationship between human capital structure upgrading and pollution by introducing an interaction term between human capital and economic development level, applying random-effect, fixed-effect models, and a dynamic model test. The results support our theoretical analysis.

Keywords: Human capital; Structural transformation; New structural economics; Environmental Kuznets curve (search for similar items in EconPapers)
JEL-codes: J0 J1 J2 O0 O1 O2 (search for similar items in EconPapers)
Date: 2024
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Persistent link: https://EconPapers.repec.org/RePEc:eee:reveco:v:93:y:2024:i:pb:p:398-412

DOI: 10.1016/j.iref.2024.05.019

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