Believe It Or Not: Covid 19 Environmental Effects Are More Negatives Than Positives

Oluwaseun Samuel Oduniyi (), John Riveros (), Sherif Hassan and Ferhat Citak ()
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Oluwaseun Samuel Oduniyi: M&S Research Hub; UNISA
John Riveros: M&S Research Hub institute
Ferhat Citak: M&S Research Hub; Hitit University

No 5-2021, MSR Working Papers from M&S Research Hub institute

Abstract: In addition to altering drastically people's daily lives, Covid 19 has slowed down economic activities, imposed restrictions, and enforced lockdown, altogether causing significant effects on the environment. Studying the direction, magnitude, and durability of these effects carries a serious lesson for the whole world. Preliminarily evidence suggests that Covid 19 has temporarily improved air quality, reduced greenhouse gas emissions, and noise pollution, yet, due to lock-down, the flourishing of delivery services has pulled up the single-use plastics, increased the usages of vehicles by a lower ratio of passengers/vehicle, and raised demand for energy. Using the approach of the Ambiental Kuznets curve, we investigate the impact of Covid 19 total cases on the monthly average of carbon monoxide emissions measured in micrograms per cubic across a sample of developed, heavy polluters, economies from 2014 to 2020. Driscoll-Kraay regressions confirm the Covid-19 long-run polluting impact by increasing monoxide emissions in countries of analysis.

Keywords: COVID 19; Environment; Monoxide emissions; Driscoll-Kraay regressions (search for similar items in EconPapers)
JEL-codes: I15 Q53 (search for similar items in EconPapers)
Pages: 22 pages
Date: 2021-07-12
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Persistent link: https://EconPapers.repec.org/RePEc:ris:msrwps:2021_005

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