Investigating the asymmetric linkages between infrastructure development, green innovation, and consumption-based material footprint: Novel empirical estimations from highly resource-consuming economies

Asif Razzaq, Tahseen Ajaz, Jing Claire Li, Muhammad Irfan, Wanich Suksatan

Research output: Contribution to journalArticlepeer-review

26 Citations (Scopus)

Abstract

The role of a reliable resource consumption measurement is essential for devising a relevant climate policy. The consumption-based material footprint is trade-adjusted domestic resource consumption that presents an accurate picture of the domestic material footprint. Pursuing the same, this study draws asymmetric linkages between infrastructure development, green innovation, and consumption-based material footprint (MF) in the top 11 highly material-consuming countries. Our preliminary findings strictly reject the preposition of data normality and highlight that the observed relationship is quantile-dependent, which may disclose misleading results in previous studies using linear methodologies. In compliance, a novel empirical estimation technique popularized as Method of Moments Quantile Regression is employed that simultaneously deal with non-normality and structural changes in data. The results exhibit that infrastructure development (green innovation) significantly increases (decreases) MF mainly across medium to higher quantiles (medium-higher level of MF). Interestingly, the resource-depleting effect of infrastructure is highest for higher quantiles and lowest for lower quantiles of MF. Economic growth (globalization) increase MF, and their resource-depleting effect is higher (lowest) for lower quantiles and lowest (highest) for higher quantiles. Lastly, population exhibits an inverted-U shape relationship with MF across lower to higher quantiles. These results suggest pertinent policy recommendations.
Original languageEnglish
Article number102302
Number of pages18
JournalResources Policy
Volume74
Early online date25 Aug 2021
DOIs
Publication statusPublished - Dec 2021

Keywords

  • Consumption-based material footprints
  • Green innovation
  • Infrastructure development
  • Methods of moment quantiles
  • Resources consumption
  • STRIPAT

ASJC Scopus subject areas

  • Sociology and Political Science
  • Economics and Econometrics
  • Management, Monitoring, Policy and Law
  • Law

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