Global Change, Local Consequences: A Review of the Relationships Between FDI, Globalization, GDP, Carbon Dioxide Emissions, and Ecological Footprint

Huda Nawaz, Areeba Zafar, Salman Masood Sheikh and Saif Ur Raman
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Huda Nawaz: M.Phil Scholar, Department of Commerce and Economics, Superior University Lahore, Pakistan
Areeba Zafar: M.Phil Scholar, Department of Commerce and Economics, Superior University Lahore, Pakistan
Salman Masood Sheikh: Dean & Professor, Faculty of Economics and Commerce, Superior University Lahore, Pakistan
Saif Ur Raman: Associate Professor, Faculty of Economics and Commerce, Superior University, Lahore, Pakistan

Bulletin of Business and Economics (BBE), 2024, vol. 13, issue 2, 1226-1230

Abstract: The main goal is to examine the effects of GDP, globalization, urbanization, FDI, and energy on CO2 emissions and ecological footprint. The research was conducted between 2003 and 2022. The investigation of the asymmetric effects of FDI as its primary goal. It begins by providing an overview of the effects of globalization, urbanization, FDI, energy, GDP, and CO2 emissions on the ecological footprint and CO2 emissions of the G7 countries. Secondly, the literature is identified by drawing on the theoretical and empirical insights found in published literature. In addition, this article put light on theoretical methods that describes how/ why these methods work. Third, this paper suggests three productive areas for more study. This study adds to the body of knowledge on the effects of foreign direct investment (FDI), energy, globalization, urbanization, and GDP on CO2 emissions and the ecological footprint of G7 nations by critically evaluating and synthesizing previous theories and studies in this field.

Keywords: Foreign Direct Investment; Ecological footprint; G7 countries (search for similar items in EconPapers)
Date: 2024
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