Agricultural Exports, Financial Openness and Ecological Footprints: An Empirical Analysis for Pakistan
<p>The environmental degradation has become one of the most debatable issues in 21<sup>st</sup> century. The current study explores the impact of agricultural exports and financial openness on ecological footprints in Pakistan. For this purpose, the study utilizes time series data....
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oai:doaj.org-article:409c476107f54b2e8340801cfa9c95942021-11-12T07:27:31ZAgricultural Exports, Financial Openness and Ecological Footprints: An Empirical Analysis for Pakistan2146-4553https://doaj.org/article/409c476107f54b2e8340801cfa9c95942021-11-01T00:00:00Zhttps://econjournals.com/index.php/ijeep/article/view/11744https://doaj.org/toc/2146-4553<p>The environmental degradation has become one of the most debatable issues in 21<sup>st</sup> century. The current study explores the impact of agricultural exports and financial openness on ecological footprints in Pakistan. For this purpose, the study utilizes time series data. Unit root tests are applied to check the data for unit root problem and autoregressive distributed lagged (ARDL) model is employed for cointegration analysis. The results of the study show that agriculture exports are responsible for lessening ecological footprints in long run as well as in short run thus; increase in agricultural exports will restrain environmental degradation in Pakistan. The results also revealed that financial openness increases ecological footprints henceforth, environmental degradation in Pakistan. Moreover, trade openness, economic growth and energy consumption are also significant factors of ecological footprints. </p><p><strong>Keywords: </strong>Agricultural exports, financial openness, ecological footprints, Pakistan.</p><p><strong>JEL Classifications:</strong> C22, E01, F18, Q57</p><p>DOI: <a href="https://doi.org/10.32479/ijeep.11744">https://doi.org/10.32479/ijeep.11744</a></p>Ihtisham ul HaqDilawar KhanHassan TajPiratdin AllayarovAzeem AbbasMuhammad KhalidMuhammad AwaisEconJournalsarticleEnvironmental sciencesGE1-350Energy industries. Energy policy. Fuel tradeHD9502-9502.5ENInternational Journal of Energy Economics and Policy, Vol 11, Iss 6, Pp 256-261 (2021) |
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Environmental sciences GE1-350 Energy industries. Energy policy. Fuel trade HD9502-9502.5 |
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Environmental sciences GE1-350 Energy industries. Energy policy. Fuel trade HD9502-9502.5 Ihtisham ul Haq Dilawar Khan Hassan Taj Piratdin Allayarov Azeem Abbas Muhammad Khalid Muhammad Awais Agricultural Exports, Financial Openness and Ecological Footprints: An Empirical Analysis for Pakistan |
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<p>The environmental degradation has become one of the most debatable issues in 21<sup>st</sup> century. The current study explores the impact of agricultural exports and financial openness on ecological footprints in Pakistan. For this purpose, the study utilizes time series data. Unit root tests are applied to check the data for unit root problem and autoregressive distributed lagged (ARDL) model is employed for cointegration analysis. The results of the study show that agriculture exports are responsible for lessening ecological footprints in long run as well as in short run thus; increase in agricultural exports will restrain environmental degradation in Pakistan. The results also revealed that financial openness increases ecological footprints henceforth, environmental degradation in Pakistan. Moreover, trade openness, economic growth and energy consumption are also significant factors of ecological footprints. </p><p><strong>Keywords: </strong>Agricultural exports, financial openness, ecological footprints, Pakistan.</p><p><strong>JEL Classifications:</strong> C22, E01, F18, Q57</p><p>DOI: <a href="https://doi.org/10.32479/ijeep.11744">https://doi.org/10.32479/ijeep.11744</a></p> |
format |
article |
author |
Ihtisham ul Haq Dilawar Khan Hassan Taj Piratdin Allayarov Azeem Abbas Muhammad Khalid Muhammad Awais |
author_facet |
Ihtisham ul Haq Dilawar Khan Hassan Taj Piratdin Allayarov Azeem Abbas Muhammad Khalid Muhammad Awais |
author_sort |
Ihtisham ul Haq |
title |
Agricultural Exports, Financial Openness and Ecological Footprints: An Empirical Analysis for Pakistan |
title_short |
Agricultural Exports, Financial Openness and Ecological Footprints: An Empirical Analysis for Pakistan |
title_full |
Agricultural Exports, Financial Openness and Ecological Footprints: An Empirical Analysis for Pakistan |
title_fullStr |
Agricultural Exports, Financial Openness and Ecological Footprints: An Empirical Analysis for Pakistan |
title_full_unstemmed |
Agricultural Exports, Financial Openness and Ecological Footprints: An Empirical Analysis for Pakistan |
title_sort |
agricultural exports, financial openness and ecological footprints: an empirical analysis for pakistan |
publisher |
EconJournals |
publishDate |
2021 |
url |
https://doaj.org/article/409c476107f54b2e8340801cfa9c9594 |
work_keys_str_mv |
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