The Role of Legal System and Socioeconomic Aspects in the Environmental Quality Drive of the Global South
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Dosyalar
Tarih
2022
Dergi Başlığı
Dergi ISSN
Cilt Başlığı
Yayıncı
SPRINGER, VAN GODEWIJCKSTRAAT 30, 3311 GZ DORDRECHT, NETHERLANDS
Erişim Hakkı
info:eu-repo/semantics/openAccess
Attribution-NonCommercial-NoDerivs 3.0 United States
Attribution-NonCommercial-NoDerivs 3.0 United States
Özet
The increasing environmental challenges associated with the Global South is potentially associated with the socioeconomic changes amid potential institutional defciencies such as the weak or inefcient environmental regulation. Thus, this twenty-frst century challenge has increasingly necessitated more climate action from the Global South as championed by the developed economies. On this note, examines the environmental aspects of law and order (LO) vis-à-vis legal system and socioeconomic (SE) indexes of the Political Risk Services for a panel of 80 selected Global South countries over the period 1984–2014. Additionally, by employing the economic growth vis-à-vis the Gross Domestic Product per capita (GDPC) as additional explanatory variable, the study employs the more recent experimental techniques of Mean Group Estimator (MG), the Augmented Mean Group Estimator (AMG) and the Common Correlated Efects Mean Group (CCEMG). Importantly, with the more efcient CCEMG, the study found that the strength of the legal system in the Global South (although not statistically signifcant) is a crucial factor to mitigated carbon emission in the panel countries. However, the study found that an improved socioeconomic condition and economic expansion is detrimental to the Global South’s environmental quality. Furthermore, the Granger causality result implied that each of LO, SE and GDPC exhibits a feedback relationship with carbon emissions. Hence, the study suggests the need for a stronger implementation of environmental regulations through a revitalized legal system and some concerted socioeconomic policies that address poverty and unemployment among other factors.
Açıklama
Anahtar Kelimeler
Sustainable development, Legal system, Socioeconomic, Environmental quality, Global South
Kaynak
Social Indicators Research
WoS Q Değeri
Q1
Scopus Q Değeri
Q1
Cilt
163
Sayı
2
