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 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 stud...

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Main Authors: Razzaq, Asif, Sharif, Arshian, Najmi, Arsalan, Tseng, Ming-Lang, Lim, Ming K.
Format: Article
Published: Elsevier 2021
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Online Access:http://eprints.um.edu.my/27899/
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spelling my.um.eprints.278992022-03-31T04:39:35Z http://eprints.um.edu.my/27899/ Dynamic and causality interrelationships from municipal solid waste recycling to economic growth, carbon emissions and energy efficiency using a novel bootstrapping autoregressive distributed lag Razzaq, Asif Sharif, Arshian Najmi, Arsalan Tseng, Ming-Lang Lim, Ming K. GE Environmental Sciences TA Engineering (General). Civil engineering (General) 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. Elsevier 2021-03 Article PeerReviewed Razzaq, Asif and Sharif, Arshian and Najmi, Arsalan and Tseng, Ming-Lang and Lim, Ming K. (2021) Dynamic and causality interrelationships from municipal solid waste recycling to economic growth, carbon emissions and energy efficiency using a novel bootstrapping autoregressive distributed lag. Resources Conservation and Recycling, 166. ISSN 0921-3449, DOI https://doi.org/10.1016/j.resconrec.2020.105372 <https://doi.org/10.1016/j.resconrec.2020.105372>. 10.1016/j.resconrec.2020.105372
institution Universiti Malaya
building UM Library
collection Institutional Repository
continent Asia
country Malaysia
content_provider Universiti Malaya
content_source UM Research Repository
url_provider http://eprints.um.edu.my/
topic GE Environmental Sciences
TA Engineering (General). Civil engineering (General)
spellingShingle GE Environmental Sciences
TA Engineering (General). Civil engineering (General)
Razzaq, Asif
Sharif, Arshian
Najmi, Arsalan
Tseng, Ming-Lang
Lim, Ming K.
Dynamic and causality interrelationships from municipal solid waste recycling to economic growth, carbon emissions and energy efficiency using a novel bootstrapping autoregressive distributed lag
description 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.
format Article
author Razzaq, Asif
Sharif, Arshian
Najmi, Arsalan
Tseng, Ming-Lang
Lim, Ming K.
author_facet Razzaq, Asif
Sharif, Arshian
Najmi, Arsalan
Tseng, Ming-Lang
Lim, Ming K.
author_sort Razzaq, Asif
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
title_short Dynamic and causality interrelationships from municipal solid waste recycling to economic growth, carbon emissions and energy efficiency using a novel bootstrapping autoregressive distributed lag
title_full Dynamic and causality interrelationships from municipal solid waste recycling to economic growth, carbon emissions and energy efficiency using a novel bootstrapping autoregressive distributed lag
title_fullStr Dynamic and causality interrelationships from municipal solid waste recycling to economic growth, carbon emissions and energy efficiency using a novel bootstrapping autoregressive distributed lag
title_full_unstemmed Dynamic and causality interrelationships from municipal solid waste recycling to economic growth, carbon emissions and energy efficiency using a novel bootstrapping autoregressive distributed lag
title_sort dynamic and causality interrelationships from municipal solid waste recycling to economic growth, carbon emissions and energy efficiency using a novel bootstrapping autoregressive distributed lag
publisher Elsevier
publishDate 2021
url http://eprints.um.edu.my/27899/
_version_ 1735409536890568704
score 13.211869