Impacts of Agricultural Exports and CO2 Emissions on Economic Growth: New Evidence from High Income Countries

Malek El Weriemmi and Sayef Bakari

MPRA Paper from University Library of Munich, Germany

Abstract: This study examines the impact of agricultural exports and CO2 emissions on economic growth in 78 high-income countries from 2004 to 2023. Using a robust econometric framework that includes fixed-effects and random-effects models, the research finds that agricultural exports positively influence economic growth by generating revenue and enhancing competitiveness, while CO2 emissions negatively affect growth due to the associated environmental costs. The analysis, supported by the Hausman test and panel data techniques, highlights the need for balanced policy interventions that promote agricultural export growth while mitigating CO2 emissions. This study provides valuable insights for policymakers seeking to achieve sustainable economic development by integrating environmental considerations into economic strategies.

Keywords: Agricultural Exports; CO2 Emissions; Economic Growth; Static Gravity Model; High-Income-Countries. (search for similar items in EconPapers)
JEL-codes: F11 F14 O47 Q17 Q18 R11 (search for similar items in EconPapers)
Date: 2024
New Economics Papers: this item is included in nep-agr, nep-gro and nep-int
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Persistent link: https://EconPapers.repec.org/RePEc:pra:mprapa:121697

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