Influence of income inequality and patenting activity on the ecological footprint in Latin America: An analysis of panel data
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| Format: | Artículo científico |
| Language: | en |
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Universidad Autónoma del Estado de México
2024
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| author | Mario Gómez |
| author_facet | Mario Gómez |
| contents | Influence of income inequality and patenting activity on the ecological footprint in Latin America: An analysis of panel data Mario Gómez José Carlos Rodríguez Domingo Rodríguez-Benavides Economía y Finanzas patents Panel data Latin America income inequality ecological footprint Abstract:This paper studies the influence of income inequality and patenting activity on ecological footprint in selected Latin American countries from 1991 to 2018. In this research, econometric methods of panel data are applied (e.g., the new Moment Quantile Regression Method, the panel corrected standard error (PCSE), and the fully modified ordinary least squares (FMOLS) method). The results demonstrate that renewable energy and patenting activity reduce environmental degradation while income inequality and economic growth increase it. Therefore, promoting renewable energy, the patenting activity of cleaner technologies, and environmental regulation to reduce environmental degradation are essential. In addition, it is urgent to design and apply income redistribution policies to reduce environmental pressure. 2024 artículo científico 2007-3062 https://www.redalyc.org/articulo.oa?id=431578424010 https://www.redalyc.org/journal/4315/431578424010/ https://www.redalyc.org/journal/4315/431578424010/html/ https://www.redalyc.org/journal/4315/431578424010/431578424010.epub https://www.redalyc.org/journal/4315/431578424010/movil en http://www.redalyc.org/revista.oa?id=4315 Paradigma económico. Revista de economía regional y sectorial application/pdf Universidad Autónoma del Estado de México Paradigma económico. Revista de economía regional y sectorial (México) Num.2 Vol.16 |
| format | Artículo científico |
| id | redalyc_431578424010 |
| institution | Redalyc |
| language | en |
| publishDate | 2024 |
| publisher | Universidad Autónoma del Estado de México |
| spellingShingle | Influence of income inequality and patenting activity on the ecological footprint in Latin America: An analysis of panel data Mario Gómez Economía y Finanzas patents Panel data Latin America income inequality ecological footprint Influence of income inequality and patenting activity on the ecological footprint in Latin America: An analysis of panel data Mario Gómez José Carlos Rodríguez Domingo Rodríguez-Benavides Economía y Finanzas patents Panel data Latin America income inequality ecological footprint Abstract:This paper studies the influence of income inequality and patenting activity on ecological footprint in selected Latin American countries from 1991 to 2018. In this research, econometric methods of panel data are applied (e.g., the new Moment Quantile Regression Method, the panel corrected standard error (PCSE), and the fully modified ordinary least squares (FMOLS) method). The results demonstrate that renewable energy and patenting activity reduce environmental degradation while income inequality and economic growth increase it. Therefore, promoting renewable energy, the patenting activity of cleaner technologies, and environmental regulation to reduce environmental degradation are essential. In addition, it is urgent to design and apply income redistribution policies to reduce environmental pressure. 2024 artículo científico 2007-3062 https://www.redalyc.org/articulo.oa?id=431578424010 https://www.redalyc.org/journal/4315/431578424010/ https://www.redalyc.org/journal/4315/431578424010/html/ https://www.redalyc.org/journal/4315/431578424010/431578424010.epub https://www.redalyc.org/journal/4315/431578424010/movil en http://www.redalyc.org/revista.oa?id=4315 Paradigma económico. Revista de economía regional y sectorial application/pdf Universidad Autónoma del Estado de México Paradigma económico. Revista de economía regional y sectorial (México) Num.2 Vol.16 |
| title | Influence of income inequality and patenting activity on the ecological footprint in Latin America: An analysis of panel data |
| topic | Economía y Finanzas patents Panel data Latin America income inequality ecological footprint |
| url | https://www.redalyc.org/articulo.oa?id=431578424010 https://www.redalyc.org/journal/4315/431578424010/ https://www.redalyc.org/journal/4315/431578424010/html/ https://www.redalyc.org/journal/4315/431578424010/431578424010.epub https://www.redalyc.org/journal/4315/431578424010/movil |