Mismanaged plastic waste and the environmental Kuznets curve: A quantile regression analysis

The relationship between economic growth, governance, and environmental outcomes, particularly mismanaged plastic waste (MPW) leaking out to the ocean, has been a focal point of policy and academic debates. This study aims to understand the dynamics of income and control of corruption across different levels of MPW. Utilizing Quantile Regression models, we explore the generalized and quantile-specific relationships between the variables. The findings confirm the validity of the Environmental Kuznets Curve (EKC), revealing an initial increase in MPW with economic growth, followed by a decline after surpassing a specific economic threshold. However, the EKC is not validated for all quantiles and the shifting point may vary across the distribution. Moreover, control of corruption emerged as a significant factor in determining MPW levels, emphasizing its moderating role at the highest levels of mismanagement. This study underscores the need for synergizing economic strategies with robust environmental policies, guided by strong governance mechanisms.