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Journal ArticleDOI

Catechizing the Environmental-Impression of Urbanization, Financial Development, and Political Institutions: A Circumstance of Ecological Footprints in 110 Developed and Less-Developed Countries

Iftikhar Yasin, +2 more
- 01 Jan 2020 - 
- Vol. 147, Iss: 2, pp 621-649
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TLDR
In this paper, the impact of financial development, urbanization, trade openness, political institutions, and energy consumption on the ecological footprints (EF) within the framework of EKC, of 110 countries congregated by income levels, over the time span of 1996-2016.
Abstract
This study stabs to probe the impact of financial development, urbanization, trade openness, political institutions, and energy consumption on the ecological footprints (EF), within the framework of EKC, of 110 countries congregated by income levels, over the time span of 1996–2016. The final outcome of cross-sectionally weighted Panel EGLS and multi-step A-B GMM evidently reinforced the existence of EKC hypothesis in case of EF both in developed and less-developed countries. This study finds the destructive environmental impact of composition effect and energy consumption while political institutions, trade openness, and urbanization have constructive environmental effect. Financial development reduces the human demand on nature only in less-developed countries. The ultimate consequences of this study are equipped with several policy recommendations for the concerned authorities.

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Citations
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Modelling the dynamic linkages between eco-innovation, urbanization, economic growth and ecological footprints for G7 countries: Does financial globalization matter?

TL;DR: In this paper, the effects of financial globalization, urbanization, eco-innovation, and economic growth on the ecological footprints of the G7 countries using annual frequency data spanning from 1980 to 2016, several latest econometric methods, that are robust to handling cross-sectionally dependent panel datasets, are employed to ascertain the environmental impacts of these variables.
Journal ArticleDOI

The linkages between natural resources, human capital, globalization, economic growth, financial development, and ecological footprint: The moderating role of technological innovations

TL;DR: In this paper , the authors investigated whether technological innovation, natural resource consumption, globalization, economic growth, human capital development, and financial development influence the ecological footprint figures in 73 developing countries over the period from 1990 to 2016.
Journal ArticleDOI

Renewable Energy Use and Ecological Footprints Mitigation: Evidence from Selected South Asian Economies

TL;DR: In this paper, the impacts of renewable energy use on the ecological footprints in the context of four South Asian fossil fuel-dependent nations: Bangladesh, India, Pakistan, and Sri Lanka were evaluated.
Journal ArticleDOI

The influence of financial openness, trade openness, and energy intensity on ecological footprint: revisiting the environmental Kuznets curve hypothesis for BRICS countries.

TL;DR: The results indicate that the EKC hypothesis is not valid in allBRICS countries, and policy-makers should develop policies to reduce energy intensity in BRICS countries.
Journal ArticleDOI

The influences of renewable electricity generation, technological innovation, financial development, and economic growth on ecological footprints in ASEAN-5 countries

TL;DR: In this article, the influence of renewable electricity generation capacity, technological innovation, financial development, and economic growth on the ecological footprints in five Southeast Asian countries namely Indonesia, Malaysia, the Philippines, Thailand, and Vietnam during the period 1985-2016 was explored.
References
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