Dynamic and causality interrelationships from municipal solid waste recycling to economic growth, carbon emissions and energy efficiency using a novel bootstrapping autoregressive distributed lag
•This study estimates the material recycling effect on environmental quality and economic development in the United States.•Few studies have been studied through national scale material recycling, environmental, and economic indicators.•This study employs a novel bootstrapping autoregressive distrib...
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| Published in | Resources, conservation and recycling Vol. 166; p. 105372 |
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| Main Authors | , , , , |
| Format | Journal Article |
| Language | English |
| Published |
Elsevier B.V
01.03.2021
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| Subjects | |
| Online Access | Get full text |
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| Abstract | •This study estimates the material recycling effect on environmental quality and economic development in the United States.•Few studies have been studied through national scale material recycling, environmental, and economic indicators.•This study employs a novel bootstrapping autoregressive distributed lag modeling for investigating the attributes’ causality interrelationships.•This study utilizes quarterly data from 1990 to 2018.•This study is to confirm an uni-directional causality from material recycling to economic growth, carbon emissions, and energy efficiency.
This study contributes to estimate the municipal solid waste (MSW) recycling effect on environmental quality and economic growth in the United States. Few studies have been given to macro-level aggregate analysis through national scale MSW recycling, environmental, and economic indicators. This study employs bootstrapping autoregressive distributed lag modeling for investigating the cointegration relationship among MSW recycling, economic growth, carbon emissions, and energy efficiency utilized quarterly data from 1990 to 2017. The result implies that a one percent increase in MSW recycling contributes to economic growth and reduce carbon emissions by 0.317% (0.157%) and 0.209% (0.087%) in the long-run (short-run). Similarly, a one percent improvement in energy efficiency stimulates economic growth by 0.489% (0.281%) and mitigates carbon emissions by 0.285% (0.197%) in the long-run (short-run). A higher per capita income and population growth caused higher emissions by 0.197% and 0.401% in the long-run. The overall results reveal stronger impacts in the long-run than the short-run with significant convergence towards long-run equilibrium, suggesting a prominent long-run transmission of economic and environmental fallouts. This study confirms a uni-directional causality from MSW recycling to economic growth, carbon emissions, and energy efficiency. These outcomes signify that any policy intervention related to MSW recycling produces significant changes in the level of economic growth and carbon emissions. The finding provides valuable insight for policymakers to counteract carbon emissions through recyclable waste management that simultaneously create significant economic value.
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| AbstractList | This study contributes to estimate the municipal solid waste (MSW) recycling effect on environmental quality and economic growth in the United States. Few studies have been given to macro-level aggregate analysis through national scale MSW recycling, environmental, and economic indicators. This study employs bootstrapping autoregressive distributed lag modeling for investigating the cointegration relationship among MSW recycling, economic growth, carbon emissions, and energy efficiency utilized quarterly data from 1990 to 2017. The result implies that a one percent increase in MSW recycling contributes to economic growth and reduce carbon emissions by 0.317% (0.157%) and 0.209% (0.087%) in the long-run (short-run). Similarly, a one percent improvement in energy efficiency stimulates economic growth by 0.489% (0.281%) and mitigates carbon emissions by 0.285% (0.197%) in the long-run (short-run). A higher per capita income and population growth caused higher emissions by 0.197% and 0.401% in the long-run. The overall results reveal stronger impacts in the long-run than the short-run with significant convergence towards long-run equilibrium, suggesting a prominent long-run transmission of economic and environmental fallouts. This study confirms a uni-directional causality from MSW recycling to economic growth, carbon emissions, and energy efficiency. These outcomes signify that any policy intervention related to MSW recycling produces significant changes in the level of economic growth and carbon emissions. The finding provides valuable insight for policymakers to counteract carbon emissions through recyclable waste management that simultaneously create significant economic value. •This study estimates the material recycling effect on environmental quality and economic development in the United States.•Few studies have been studied through national scale material recycling, environmental, and economic indicators.•This study employs a novel bootstrapping autoregressive distributed lag modeling for investigating the attributes’ causality interrelationships.•This study utilizes quarterly data from 1990 to 2018.•This study is to confirm an uni-directional causality from material recycling to economic growth, carbon emissions, and energy efficiency. This study contributes to estimate the municipal solid waste (MSW) recycling effect on environmental quality and economic growth in the United States. Few studies have been given to macro-level aggregate analysis through national scale MSW recycling, environmental, and economic indicators. This study employs bootstrapping autoregressive distributed lag modeling for investigating the cointegration relationship among MSW recycling, economic growth, carbon emissions, and energy efficiency utilized quarterly data from 1990 to 2017. The result implies that a one percent increase in MSW recycling contributes to economic growth and reduce carbon emissions by 0.317% (0.157%) and 0.209% (0.087%) in the long-run (short-run). Similarly, a one percent improvement in energy efficiency stimulates economic growth by 0.489% (0.281%) and mitigates carbon emissions by 0.285% (0.197%) in the long-run (short-run). A higher per capita income and population growth caused higher emissions by 0.197% and 0.401% in the long-run. The overall results reveal stronger impacts in the long-run than the short-run with significant convergence towards long-run equilibrium, suggesting a prominent long-run transmission of economic and environmental fallouts. This study confirms a uni-directional causality from MSW recycling to economic growth, carbon emissions, and energy efficiency. These outcomes signify that any policy intervention related to MSW recycling produces significant changes in the level of economic growth and carbon emissions. The finding provides valuable insight for policymakers to counteract carbon emissions through recyclable waste management that simultaneously create significant economic value. [Display omitted] |
| ArticleNumber | 105372 |
| Author | Lim, Ming K. Sharif, Arshian Tseng, Ming-Lang Najmi, Arsalan Razzaq, Asif |
| Author_xml | – sequence: 1 givenname: Asif surname: Razzaq fullname: Razzaq, Asif email: asifrazzaq@yahoo.com organization: School of Management and Economics, Dalian University of Technology, Dalian, China – sequence: 2 givenname: Arshian surname: Sharif fullname: Sharif, Arshian email: arshian.aslam@gmail.com organization: Othman Yeop Abdullah Graduate School of Business, Universiti Utara Malaysia, Sintok, Malaysia – sequence: 3 givenname: Arsalan surname: Najmi fullname: Najmi, Arsalan email: arsalan-najmi@hotmail.com organization: Faculty of Business and Accountancy, University of Malaya, Kuala Lumpur, Malaysia – sequence: 4 givenname: Ming-Lang surname: Tseng fullname: Tseng, Ming-Lang email: tsengminglang@gmail.com organization: Institute of Innovation and Circular Economy, Asia University, Taiwan – sequence: 5 givenname: Ming K. surname: Lim fullname: Lim, Ming K. email: ac2912@coventry.ac.uk organization: Faculty Research Centre for Business in Society, Coventry University, UK |
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| Snippet | •This study estimates the material recycling effect on environmental quality and economic development in the United States.•Few studies have been studied... This study contributes to estimate the municipal solid waste (MSW) recycling effect on environmental quality and economic growth in the United States. Few... |
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| SubjectTerms | Bootstrapping autoregressive distributed lag carbon Carbon emissions economic development Economic growth economic valuation Energy efficiency environmental quality issues and policy municipal solid waste Municipal solid waste recycling population growth |
| Title | Dynamic and causality interrelationships from municipal solid waste recycling to economic growth, carbon emissions and energy efficiency using a novel bootstrapping autoregressive distributed lag |
| URI | https://dx.doi.org/10.1016/j.resconrec.2020.105372 https://www.proquest.com/docview/2636411092 |
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