Does Income Inequality Endanger Green Growth? Evidence from Selected Countries in Asia and the Global South

• 발행기관: 세종대학교 경제통합연구소
• 저자명: Emmanuel Umoru Haruna Vincent Tawiah
• 간행물 정보: 『Journal of Economic Integration』제40권 제1호, 181~204쪽, 전체 24쪽
• 주제분류: 경제경영 > 경제학
• 파일형태: PDF
• 발행일자: 2025.03.01

국문 초록

Income inequality poses a constraint to inclusive growth and development, but whether and how economic inequality affects green growth is relatively understudied in the existing literature. To address this empirical and knowledge gap, the analysis of the paper begins with theoretical perspectives on the diffusion of green growth technologies and how it relates to income inequality. We collected annual data from selected Global South countries from 1991 to 2019 and then used the pooled mean group-autoregressive distribution lag (PMG-ARDL) and the augmented mean group- autoregressive distribution lag (AMG-ARDL) as a benchmark estimation methods and cross-sectional autoregressive distribution lag (CS-ARDL) for robustness checks to investigate the short- and long-run implications for green growth. The results show that higher income inequality is associated with reduced green growth in the long run, whereas the short-run results are mixed. The findings suggest that governments in the Global South should implement effective reforms aimed at lowering inequality while reducing carbon emissions and promoting a green economy.

목차

I. Introduction

II. Background to Inequality and Green Growth

III. Review of Literature and Hypothesis Development

IV. Data and Methodology

V. Results and Discussion

VI. Conclusion and Policy Implications

References

키워드

Income Inequality Green Growth C02 Emissions Climate Change Global South