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No. 3 / 2026 — Autumn

Peer-reviewed articles in economics, finance, public policy, and sustainable development.

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Theoretical and Applied Economics
No. 4 / 2025 (645), Winter

Heterogeneous and dynamic impacts of growth, urbanization, deforestation, and energy intensity on environmental degradation in Africa using the MM-Quantile regression method

Besma KIHAL
National Institute for Research in Education, Algeria

Abstract. This study investigates how economic growth, urbanization, energy use, trade openness, and forest area affect pollution in Africa from 1990 to 2022. Using the moment-quantile approach for panel data, we capture heterogeneous effects across the conditional distribution of CO2 emissions. Economic growth raises emissions at all quantiles, with stronger effects at higher pollution levels. Trade openness is beneficial at lower quantiles, while energy intensity worsens environmental quality everywhere. Forest resources mitigate emissions, especially in high-pollution countries, whereas urbanization mainly affects intermediate pollution levels. The findings support smart urban planning, energy transition, and forest management to curb emissions without hindering development.

Keywords: dioxide emissions, growth, heterogeneous effects, Africa, MM quantile.

Contents

1

Dynamic risk spillovers in European Stock Markets: a TVP-VAR Approach

Dan–Mihai DIMA

2

Co-movement and causality among exchange rates: a wavelet analysis

Tejesh H R

3

Financial development and economic growth in emerging economies: the mediating role of entrepreneurship

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4

House prices and macroprudential policy in the Romanian economy: evidence from a BVAR analysis

Mihai ALIMAN

5

The impact of short-run and long-run dynamics on manufacturing sector development in Indonesia and Malaysia

Bernadette ROBIANI · Doris Padmini SELVARATNAM · MUKHLIS · Deassy APRIANI · HAMIRA · Dirta Pratama ATIYATNA

6

Purchasing Power Parity theory in exchange rate determination: evidences from the G-20 nations

Ahmad ALHARBI · Moid U AHMAD · AK SINHA

7

Assessment of external macroeconomic imbalances in Romania

Ana-Maria ALBIȘORU · Florența-Larisa ILE

8

Remittances and domestic demand: evidence from Romania

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9

How do energy consumption, natural resources, trade openness and FDI affect environmental quality in Algeria? Fresh insights from the novel DYNARDL simulations and KRLS approach

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10

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11

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12

Assessing the relationship between institutions and economic development

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13

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14

Effects of climate change on food security and sustainable development in Saudi Arabia: Autoregressive Distributed Lag approach

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15

Corruption in digital environments

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16

Beyond linearity: an ARDL threshold analysis of inflation's impact on Tanzania's economic growth from 1994 to 2024

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17

Sustainable consumption and experimental economics – a bibliometric analysis

Viorela-Denisa STROE · Daria Elisa VUC

18

Heterogeneous and dynamic impacts of growth, urbanization, deforestation, and energy intensity on environmental degradation in Africa using the MM-Quantile regression method

Besma KIHAL

19

Institutional governance in developing countries, political factors as drivers of institutional change: evidence from sub-Saharan Africa

Porto BAZIE · Ibrahim OUEDRAOGO