Evaluating the Determinants of Deforestation in Romania: Empirical Evidence from an Autoregressive Distributed Lag Model and the Bayer–Hanck Cointegration Approach
Irina Georgescu,
Ionuț Nica
Abstract:This study focuses on deforestation, a key aspect of the current environmental decline linked to worldwide economic development and increasing populations. It examines how renewable energy consumption (RENC), GDP per capita, urbanization (URB) and foreign direct investments (FDI) have influenced the expansion of forest areas (FAG) in Romania from 1990 to 2022, utilizing an autoregressive distributed lag (ARDL) model and the Bayer–Hanck cointegration approach. The main results of the paper are the following: GD… Show more
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