Impacts of Agricultural CO2 Emissions, Agricultural Exports and Financial Development on Economic Growth: Insights from East Asia and Pacific Countries

Nesrine Gafsi and Sayef Bakari
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Nesrine Gafsi: College of Economics and Administrative Sciences, Imam Muhammad Ibn Saud Islamic University, Riyadh, Saudi Arabia
Sayef Bakari: LIEI, Faculty of Economic Sciences and Management of Tunis, University of Tunis El Manar, Tunisia; & Faculty of Legal, Economic and Management Sciences of Jendouba, University of Jendouba, Tunisia

International Journal of Energy Economics and Policy, 2024, vol. 14, issue 6, 136-153

Abstract: This study investigates the effects of agricultural CO2 emissions, agricultural exports, and financial development on economic growth in the Asia-Pacific region from 1990 to 2022, using data from 37 countries. The findings reveal that increased capital investment and agricultural exports significantly boost economic growth, while higher final consumption expenditure also plays a crucial role. Conversely, agricultural methane emissions negatively impact economic growth, underscoring the need for sustainable agricultural practices. The analysis highlights the importance of capital accumulation, agricultural sector expansion, and financial development for economic advancement. It also suggests that policies promoting technological innovation, environmental sustainability, and robust domestic demand are essential for sustained economic growth. Future research should address potential biases and explore additional variables to refine these insights.

Keywords: Agricultural CO2 Emissions; Agricultural Exports; Financial Development; Economic Growth; Asia and Pacific Countries (search for similar items in EconPapers)
JEL-codes: C23 F43 G20 O13 Q10 Q56 (search for similar items in EconPapers)
Date: 2024
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Persistent link: https://EconPapers.repec.org/RePEc:eco:journ2:2024-06-14

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