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Tytuł pozycji:

Towards achieving environmental sustainability: environmental quality versus economic growth in a developing economy on ecological footprint via dynamic simulations of ARDL.

Tytuł:
Towards achieving environmental sustainability: environmental quality versus economic growth in a developing economy on ecological footprint via dynamic simulations of ARDL.
Autorzy:
Solarin SA; School of Economics, University of Nottingham Malaysia, Jalan Broga, Semenyih, Selangor, 43500, Malaysia.
Nathaniel SP; Department of Economics, University of Lagos, Akoka, Lagos, Nigeria.; School of Foundation, Lagos State University, Badagry, Nigeria.
Bekun FV; Faculty of Economics Administrative and Social Sciences, Istanbul Gelisim University, Istanbul, Turkey. .; Department of Accounting, Analysis and Audit, School of Economics and Management, South Ural State University, 76, Lenin Aven, Chelyabinsk, Russia, 454080. .
Okunola AM; Department of Agricultural and Resource Economics, Federal University of Technology, Akure, Nigeria.
Alhassan A; Department of Economics, Faculty of Business and Economics, Eastern Mediterranean University, via Mersin 10, Famagusta, North Cyprus, Turkey.; Department of Economics, Federal University of Lafia, Nasarawa, Nigeria.
Źródło:
Environmental science and pollution research international [Environ Sci Pollut Res Int] 2021 Apr; Vol. 28 (14), pp. 17942-17959. Date of Electronic Publication: 2021 Jan 06.
Typ publikacji:
Journal Article
Język:
English
Imprint Name(s):
Publication: <2013->: Berlin : Springer
Original Publication: Landsberg, Germany : Ecomed
MeSH Terms:
Carbon Dioxide*/analysis
Economic Development*
Humans ; Investments ; Nigeria ; Urbanization
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Contributed Indexing:
Keywords: Ecological footprint; Economic growth; FDI; Nigeria; Trade; Urbanization
Substance Nomenclature:
142M471B3J (Carbon Dioxide)
Entry Date(s):
Date Created: 20210107 Date Completed: 20210331 Latest Revision: 20210331
Update Code:
20240105
DOI:
10.1007/s11356-020-11637-8
PMID:
33410031
Czasopismo naukowe
Studies have shown that factors like trade, urbanization, and economic growth may increase the ecological footprint (EFP) since ecological distortions are mainly human-induced. Therefore, this study explores the effect of economic growth and urbanization on the EFP, accounting for foreign direct investment and trade in Nigeria, using data from 1977 to 2016. This study used the EFP variable as against the CO 2 emissions used in the previous studies since the former is a more comprehensive and extensive measure of environmental quality. We apply the novel dynamic autoregressive distributed lag (ARDL) simulations for model estimation, the Bayer and Hanck J Time Ser Anal 34: 83-95, (2013) combined cointegration, and the ARDL bounds test for cointegration. Although the results affirmed the presence of long-run relationship among the variables, economic growth deteriorates the environment in the short run, while urbanization exacts no harmful impact. In the long run, FDI and trade deteriorate the environment while economic growth adds to environmental quality. It is recommended that policymakers strengthen the existing environmental regulations to curtail harmful trade and provide rural infrastructures to abate urban anomaly.

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