The Nexus among Agriculture Sector Development and Environmental Degradation in Emerging Economies
Abstract
This paper aims to determine the effect of agriculture sector
development on CO2 emissions in 10 big emerging market
economies. This relationship is tested for the first time for emerging
economies by using the panel quantile regression approach. The
results suggest that agricultural value-added mitigate emissions
in lower, middle-lower, and upper quantile levels. This result
implies that the agricultural sector is an effective policy tool
in reducing pollution in these countries. Economic growth and
natural resources rent have a positive impact on pollution. Financial
development only has an emission-reducing effect at the middleupper
quantile level, while globalization has a negative impact on
CO2 emissions both in the middle-upper and upper quantiles.
These results justify the consideration of heterogeneous effects and
allow clear policy implications. Moreover, the critical importance
of agricultural policies for environmental quality in these countries
is emphasized with concrete evidence.
JEL Classification: O13, Q56, C33
Keywords
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DOI: 10.15408/etk.v21i2.25073
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