Connecting the Carbon Ecological Footprint, Economic Globalization, Population Density, Financial Sector Development, and Economic Growth of Five South Asian Countries
Alok Kumar Mishra and
Aruna Dash ()
Energy RESEARCH LETTERS, 2022, vol. 3, issue 2, 1-6
We investigate the connection between the carbon ecological footprint, economic globalization, population density, financial sector development, and economic growth in five South Asian nations from 1971 to 2019. Using a panel autoregressive distributed lag model, we find that population density, economic growth, and economic globalization positively affect the carbon ecological footprint in the long run. However, financial development is inversely related to the carbon ecological footprint at a 10% statistical level of significance.
Keywords: carbon ecological footprint; economic globalization; financial sector development; economic growth (search for similar items in EconPapers)
JEL-codes: E31 E37 F37 (search for similar items in EconPapers)
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