Towards sustainable development: The impact of transport infrastructure expenditure on the ecological footprint in India

Moon Moon Hussain, Shreya Pal and Muhammed Ashiq Villanthenkodath

Innovation and Green Development, 2023, vol. 2, issue 2

Abstract: The underlying objective of the study is to examine the role of transport infrastructure expenditure incurred by the public sector on ecological footprint while controlling the factors like urbanization, mobile use, electricity consumption, and economic growth in India. In order to implicate the relationship among the variables selected for the period spanning from 1990 to 2018, this study employs the ARDL bounds testing approach to cointegration for inculcating the short-run and long-run relationships of the formulated ecological footprint function. The evolved outcome validated the long-run relationship between the study variables. Further, the result indicates that transport expenditure and economic growth can reduce the ecological footprint, while urbanization, mobile use, and electricity consumption increase it both in the short and long run. In light of these outcomes, policy implications are recommended to expand the transport infrastructure expenditure and sustainable economic growth. Similarly, it urges the need for sustainable urbanization, eco-friendly mobile use, and renewable source-based electricity consumption in India.

Keywords: Transport expenditure; Ecological footprint; Economic growth; India (search for similar items in EconPapers)
JEL-codes: F43 N75 Q57 R42 (search for similar items in EconPapers)
Date: 2023
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (7)

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Persistent link: https://EconPapers.repec.org/RePEc:eee:ingrde:v:2:y:2023:i:2:s294975312300005x

DOI: 10.1016/j.igd.2023.100037

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