Agricultural Exports, Financial Openness and Ecological Footprints: An Empirical Analysis for Pakistan

Ihtisham ul Haq, Dilawar Khan, Hassan Taj, Piratdin Allayarov, Azeem Abbas, Muhammad Khalid and Muhammad Awais
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Ihtisham ul Haq: Department of Economics, Kohat University of Science and Technology, Kohat 26000, Pakistan,
Dilawar Khan: Department of Economics, Kohat University of Science and Technology, Kohat 26000, Pakistan,
Hassan Taj: Department of Economics, Kohat University of Science and Technology, Kohat 26000, Pakistan,
Piratdin Allayarov: Department of Mathematical Methods in Economics, Faculty of Digital Economy, Tashkent State University of Economics, Tashkent, Uzbekistan.
Azeem Abbas: Department of Economics, Kohat University of Science and Technology, Kohat 26000, Pakistan,
Muhammad Khalid: Department of Economics, Kohat University of Science and Technology, Kohat 26000, Pakistan,
Muhammad Awais: Department of Economics, Kohat University of Science and Technology, Kohat 26000, Pakistan,

International Journal of Energy Economics and Policy, 2021, vol. 11, issue 6, 256-261

Abstract: The environmental degradation has become one of the most debatable issues in 21st 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.

Keywords: Agricultural exports; financial openness; ecological footprints; Pakistan. (search for similar items in EconPapers)
JEL-codes: C22 E01 F18 Q57 (search for similar items in EconPapers)
Date: 2021
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (2)

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