Economic Impact of Institutional Quality on Environmental Performance in Post-Soviet Countries

Authors

  • Shukrillo Abduqayumov OSCE Academy in Bishkek
  • Noman Arshed Lecturer, Department of Economics, University of Management and Technology, Lahore
  • Samra Bukhari

DOI:

https://doi.org/10.14665/1614-4007-27-2-002

Keywords:

Panel GMM, Industrialization, Urbanization

Abstract

Maintaining the balance between economic growth and environmental performance is a new trend of challenges for developing countries. The economic impact of institutional quality on environmental performance is analyzed from 2001 to 2017 using multinational panel data for 15 Post Soviet-Countries. The indicators of institutional quality are government effectiveness and regulatory quality and this research is first of its kind utilizing a comprehensive Environmental Performance Index as an empirical paper for post-Soviet-Countries. This study has utilized an instrumental variable method in Generalized Method of Moments, in order to introduce dynamics and then check for endogeneity. Other controlling factors include GDP per capita, industrial manufacturing, energy efficiency, urbanization, and secondary education. The results indicate that institutional quality have a significant positive impact on environmental performance. It is suggested that the post-Soviet-Countries must ensure better institutions in order to sustain an environment for future generations.

Author Biography

Shukrillo Abduqayumov, OSCE Academy in Bishkek

MA Economic Governance and Development

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Published

2020-05-22

Issue

Section

Papers