Linking economic growth and ecological footprint through human capital and biocapacity

Hassan, Syed Tauseef; Baloch, Muhammad Awais; Mahmood, Nasir; Zhang, Jianwu

doi:10.1016/j.scs.2019.101516

Cited by 412 publications

(143 citation statements)

References 69 publications

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“…Therefore, its impact on the EFP in the selected countries needs to be established. Based on the studies of Hubacek et al (2009), Harris, (2010), Liddle (2013), Danish et al (2019), Alola et al (2019), and Danish et al (2020), in the present study, we intended to establish the nonlinear ecological footprint function, which enables us to obtain the common long-run coefficients for each determinant. In most of the Asian countries, economic attributes are visibly dominating environmental pollution (Sabir and Gorus, 2019).…”

Section: Theoretical Underpinningmentioning

confidence: 99%

Does renewable energy consumption reduce ecological footprint? Evidence from eight developing countries of Asia

Sharma

Sinha²,

Kautish

2021

Journal of Cleaner Production

276

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Economic and demographic transitions led by the persistent increase in the per capita income have challenged the environmental conservation drive in most of the developing nations. Therefore, in recent years, policymakers emphasized the need for navigating the harmful impacts of economic growth endeavors on the established ecosystem. In this regard, the widespread usage of renewable energy solutions has helped in restoring the environmental quality in both developed and developing countries. Keeping this in mind, in the present study, we examined the long run and short-run impacts of per capita income, renewable energy, life expectancy, and population density on the ecological footprint in the eight developing countries of South and Southeast Asia from 1990-2015. In the selected nations, these variables appear to be the potential drivers of the ecological footprint. To calculate the common coefficients, we have employed the cross-sectional augmented autoregressive distributed lag (CS-ARDL) approach, as this approach handles the cross-sectional dependency issue efficiently and provides the short-run and long-run coefficients. The long-run results supported the need for low pollution-intense energy resources because the association between per capita income and ecological footprint is found N-shaped. Further, the study established that the increased use of renewable energy has significantly reduced the ecological footprint in the region. However, the increased population density has led to an increase in pollution emissions in these countries. Similarly, the impact of life expectancy on the ecological footprint is found positive but insignificant. Based on the findings, a multipronged policy framework has been designed, so that these nations can attain the objectives of certain sustainable development goals (SDGs).

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Section: Theoretical Underpinningmentioning

confidence: 99%

Does renewable energy consumption reduce ecological footprint? Evidence from eight developing countries of Asia

Sharma

Sinha²,

Kautish

2021

Journal of Cleaner Production

276

View full text Add to dashboard Cite

show abstract

“… Wang and Feng, 2013 ). Danish et al. (2019) have looked for the link between ecological footprint and economic growth as they relate to biocapacity and human capital and concludes that there exists a neutral causal relationship between biocapacity and ecological footprint and between ecological footprint and economic growth.…”

Section: Review Of Literaturementioning

confidence: 99%

Nexus between environmental, social and economic development in South Asia: evidence from econometric models

Bansal

Sharma

Rahman

et al. 2021

Heliyon

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“…To sustain NR, countries turning form conservation to depletion. Numerous studies have analyzed the role and importance of NR in economic growth like Danish, Hassan, Baloch, Mahmood, and Zhang (2019) and Hassan, Xia, Khan, and Shah (2019) investigate the nexus between NR and economic growth. Revenues generated from NR are the fundamental indicators of any state development (social and economic development), but at the rapid industrialization and urbanizations, deprive policy for natural resource utilization, and lack of innovative technology leads to country resource degradation.…”

Section: Brief Literature Reviewmentioning

confidence: 99%

Nexus between carbon emission, financial development, and access to electricity: Incorporating the role of natural resources and population growth

Khan

Latif

et al. 2020

Journal of Public Affairs

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This study explores the nexus between financial development, access to electricity, and CO2 emissions in Pakistan over the period from 1990 to 2015, incorporating the role of natural resources and population growth. We checked the stationarity of the data by using three different unit root tests (ADF, Phillip Pesaran, and DG‐FLS). Long‐ and short‐run elasticities have been determined through auto‐regressive distributive lag (ARDL) method. The empirical results confirmed that financial development and access to electricity increase CO2 emissions and deteriorate the environmental quality. In addition, the population growth is responsible for growing CO2 emissions in Pakistan, while natural resources have insignificant relation with CO2 emissions. Furthermore, bidirectional causality exists between population growth and natural resources, whereas unidirectional causality is detected among financial development and CO2 emissions, natural resources and population growth, and financial development and population growth. The newly developed findings suggest helpful policy implications to adequately address the issue of CO2 emissions without compromising economic development.

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Linking economic growth and ecological footprint through human capital and biocapacity

Cited by 412 publications

References 69 publications

Does renewable energy consumption reduce ecological footprint? Evidence from eight developing countries of Asia

Does renewable energy consumption reduce ecological footprint? Evidence from eight developing countries of Asia

Nexus between environmental, social and economic development in South Asia: evidence from econometric models

Nexus between carbon emission, financial development, and access to electricity: Incorporating the role of natural resources and population growth

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