The role of economic policy uncertainty and social welfare in the view of ecological footprint: evidence from the traditional and novel platform in panel ARDL approaches
Authors: Esmaeili, P., Rafei, M., Balsalobre-Lorente, D. and Adedoyin, F.F.
Journal: Environmental Science and Pollution Research
Volume: 30
Issue: 5
Pages: 13048-13066
eISSN: 1614-7499
ISSN: 0944-1344
DOI: 10.1007/s11356-022-23044-2
Abstract:In the contemporary world, environmental degradation has become a concern for human beings. Accordingly, the impact of social welfare, economic policy uncertainty, natural resource rents, life expectancy, and trade openness are examined on ecological footprint (the most comprehensive proxy of environmental degradation) in 19 energy-intensive countries from 1997 to 2018. With this in mind, this study used the traditional panel ARDL and CS-ARDL approaches to evaluate how the study’s variables influence ecological footprint. Notably, the results of the CS-ARDL approach are more robust due to cross-sectional dependence and slope heterogeneity problems. The outcomes revealed that economic policy uncertainty and trade openness affect the ecological footprint negatively in the short run and positively in the long run. Moreover, social welfare degrades the environment in the long run, and natural resource rents improve environmental quality by mitigating the ecological footprint in the short run and harming the environment in the long run. Besides, life expectancy does not significantly affect ecological footprint in the long or short run. Meanwhile, the results confirmed the bi-directional causal relationship between the study’s variable and ecological footprint. Based on the outcomes, the way to adopt effective policies to improve the quality of the environment has been paved. Furthermore, a comprehensive policy framework for stricter environmental regulation is expected to be developed using the outcomes derived from this study.
https://eprints.bournemouth.ac.uk/37710/
Source: Scopus
The role of economic policy uncertainty and social welfare in the view of ecological footprint: evidence from the traditional and novel platform in panel ARDL approaches.
Authors: Esmaeili, P., Rafei, M., Balsalobre-Lorente, D. and Adedoyin, F.F.
Journal: Environ Sci Pollut Res Int
Volume: 30
Issue: 5
Pages: 13048-13066
eISSN: 1614-7499
DOI: 10.1007/s11356-022-23044-2
Abstract:In the contemporary world, environmental degradation has become a concern for human beings. Accordingly, the impact of social welfare, economic policy uncertainty, natural resource rents, life expectancy, and trade openness are examined on ecological footprint (the most comprehensive proxy of environmental degradation) in 19 energy-intensive countries from 1997 to 2018. With this in mind, this study used the traditional panel ARDL and CS-ARDL approaches to evaluate how the study's variables influence ecological footprint. Notably, the results of the CS-ARDL approach are more robust due to cross-sectional dependence and slope heterogeneity problems. The outcomes revealed that economic policy uncertainty and trade openness affect the ecological footprint negatively in the short run and positively in the long run. Moreover, social welfare degrades the environment in the long run, and natural resource rents improve environmental quality by mitigating the ecological footprint in the short run and harming the environment in the long run. Besides, life expectancy does not significantly affect ecological footprint in the long or short run. Meanwhile, the results confirmed the bi-directional causal relationship between the study's variable and ecological footprint. Based on the outcomes, the way to adopt effective policies to improve the quality of the environment has been paved. Furthermore, a comprehensive policy framework for stricter environmental regulation is expected to be developed using the outcomes derived from this study.
https://eprints.bournemouth.ac.uk/37710/
Source: PubMed
The role of economic policy uncertainty and social welfare in the view of ecological footprint: evidence from the traditional and novel platform in panel ARDL approaches
Authors: Esmaeili, P., Rafei, M., Balsalobre-Lorente, D. and Adedoyin, F.F.
Journal: ENVIRONMENTAL SCIENCE AND POLLUTION RESEARCH
Volume: 30
Issue: 5
Pages: 13048-13066
eISSN: 1614-7499
ISSN: 0944-1344
DOI: 10.1007/s11356-022-23044-2
https://eprints.bournemouth.ac.uk/37710/
Source: Web of Science (Lite)
The role of economic policy uncertainty and social welfare in the view of ecological footprint: evidence from the traditional and novel platform in panel ARDL approaches
Authors: Esmaeili, P., Rafei, M., Balsalobre-Lorente, D. and Adedoyin, F.F.
Journal: ENVIRONMENTAL SCIENCE AND POLLUTION RESEARCH
Volume: 30
Issue: 5
Pages: 13048-13066
eISSN: 1614-7499
ISSN: 0944-1344
DOI: 10.1007/s11356-022-23044-2
https://eprints.bournemouth.ac.uk/37710/
Source: Web of Science (Lite)
The role of economic policy uncertainty and social welfare in the view of ecological footprint: evidence from the traditional and novel platform in panel ARDL approaches.
Authors: Esmaeili, P., Rafei, M., Balsalobre-Lorente, D. and Adedoyin, F.F.
Journal: Environmental science and pollution research international
Volume: 30
Issue: 5
Pages: 13048-13066
eISSN: 1614-7499
ISSN: 0944-1344
DOI: 10.1007/s11356-022-23044-2
Abstract:In the contemporary world, environmental degradation has become a concern for human beings. Accordingly, the impact of social welfare, economic policy uncertainty, natural resource rents, life expectancy, and trade openness are examined on ecological footprint (the most comprehensive proxy of environmental degradation) in 19 energy-intensive countries from 1997 to 2018. With this in mind, this study used the traditional panel ARDL and CS-ARDL approaches to evaluate how the study's variables influence ecological footprint. Notably, the results of the CS-ARDL approach are more robust due to cross-sectional dependence and slope heterogeneity problems. The outcomes revealed that economic policy uncertainty and trade openness affect the ecological footprint negatively in the short run and positively in the long run. Moreover, social welfare degrades the environment in the long run, and natural resource rents improve environmental quality by mitigating the ecological footprint in the short run and harming the environment in the long run. Besides, life expectancy does not significantly affect ecological footprint in the long or short run. Meanwhile, the results confirmed the bi-directional causal relationship between the study's variable and ecological footprint. Based on the outcomes, the way to adopt effective policies to improve the quality of the environment has been paved. Furthermore, a comprehensive policy framework for stricter environmental regulation is expected to be developed using the outcomes derived from this study.
https://eprints.bournemouth.ac.uk/37710/
Source: Europe PubMed Central
The role of economic policy uncertainty and social welfare in the view of ecological footprint: evidence from the traditional and novel platform in panel ARDL approaches
Authors: Esmaeili, P., Rafei, M., Balsalobre-Lorente, D. and Adedoyin, F.F.
Journal: Environmental Science and Pollution Research
Volume: 30
Pages: 13048-13066
ISSN: 0944-1344
Abstract:In the contemporary world, environmental degradation has become a concern for human beings. Accordingly, the impact of social welfare, economic policy uncertainty, natural resource rents, life expectancy, and trade openness are examined on ecological footprint (the most comprehensive proxy of environmental degradation) in 19 energy-intensive countries from 1997 to 2018. With this in mind, this study used the traditional panel ARDL and CS-ARDL approaches to evaluate how the study’s variables influence ecological footprint. Notably, the results of the CS-ARDL approach are more robust due to cross-sectional dependence and slope heterogeneity problems. The outcomes revealed that economic policy uncertainty and trade openness affect the ecological footprint negatively in the short run and positively in the long run. Moreover, social welfare degrades the environment in the long run, and natural resource rents improve environmental quality by mitigating the ecological footprint in the short run and harming the environment in the long run. Besides, life expectancy does not significantly affect ecological footprint in the long or short run. Meanwhile, the results confirmed the bi-directional causal relationship between the study’s variable and ecological footprint. Based on the outcomes, the way to adopt effective policies to improve the quality of the environment has been paved. Furthermore, a comprehensive policy framework for stricter environmental regulation is expected to be developed using the outcomes derived from this study.
https://eprints.bournemouth.ac.uk/37710/
Source: BURO EPrints