Dynamics of ecological balance in OECD countries: Sustainable or unsustainable?

Ozcan B., Khan D., BOZOKLU Ş.

Sustainable Production and Consumption, cilt.26, ss.638-647, 2021 (SCI-Expanded) identifier identifier

  • Yayın Türü: Makale / Tam Makale
  • Cilt numarası: 26
  • Basım Tarihi: 2021
  • Doi Numarası: 10.1016/j.spc.2020.12.014
  • Dergi Adı: Sustainable Production and Consumption
  • Derginin Tarandığı İndeksler: Science Citation Index Expanded (SCI-EXPANDED), Scopus
  • Sayfa Sayıları: ss.638-647
  • Anahtar Kelimeler: Ecological footprint, Ecological balance, Ecological deficit, Ecological surplus, Quantile unit root test, CARBON-DIOXIDE EMISSIONS, UNIT-ROOT TEST, CO2 EMISSIONS, TIME-SERIES, ENVIRONMENTAL-POLICIES, CLUB CONVERGENCE, US EMISSIONS, FOOTPRINT, STATIONARITY, INCOME
  • İstanbul Üniversitesi Adresli: Evet

Özet

© 2020This paper analyzes the sustainability of the per capita ecological balance for 27 OECD countries between 1961 and 2016. In the framework of a quantile unit root test allowing for nonlinearities and asymmetries, we found that, out of the 27 OECD countries, only Germany, Israel, and Mexico have a sustainable ecological balance, while the remaining 24 countries have an unsustainable ecological balance. In addition, the quantile-based results indicate that 13 OECD countries; namely Australia, Austria, France, Germany, Israel, Italy, Luxembourg, Mexico, Poland, Spain, Sweden, the United Kingdom, and the United States have a sustainable ecological balance either at lower or higher quantiles. The sustainability of ecological balance in most OECD countries is likely to become a serious environmental hazard in the near future. Based on the empirical results, some important political actions and steps should be taken to achieve a consensus between economic growth and environmental quality.