IMPACT OF FOREIGN DIRECT INVESTMENT, POPULATION DENSITY, CONSUMPTION OF OIL AND GAS ON ENVIRONMENTAL DEGRADATION IN PAKISTAN

Syed Wahid Ali Shah, Tariq Khalid and Sana Fayyaz
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Syed Wahid Ali Shah: Assistant Professor, Department of Economics, Bahauddin Zakariya University of Multan (BZU), Sub-campus Vehari, Pakistan
Tariq Khalid: Lecturer, Department of Economics, Bahauddin Zakariya University of Multan (BZU), Sub-campus Vehari, Pakistan
Sana Fayyaz: Corresponding Author, Assistant Professor, Department of Economics, Bahauddin Zakariya University of Multan (BZU), Sub-campus Vehari, Pakistan

Bulletin of Business and Economics (BBE), 2022, vol. 11, issue 1, 163-171

Abstract: This study focuses on the factors which have destructive impacts on climate in Pakistan. Carbon-Dioxide-Emission is taken as the proxy of the environmental degradation in Pakistan and taken as the dependent variable. Foreign Direct Investment, Population Density, consumption of gas and consumption of oil are taken as independent variable. Time Series Data from 1993 to 2021 is used and OLS technique is used to estimate the results. Our empirical evidence concludes that foreign direct investment, population density, oil consumption and gas consumption have significant effect on CO2 emission in Pakistan.

Keywords: Foreign direct investment; Environmental Degradation; Pakistan (search for similar items in EconPapers)
Date: 2022
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Persistent link: https://EconPapers.repec.org/RePEc:rfh:bbejor:v:11:y:2022:i:1:p:163-171

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