The effect of financial development on ecological footprint in BRI countries: evidence from panel data estimation.
Environ Sci Pollut Res Int
; 26(6): 6199-6208, 2019 Feb.
Article
em En
| MEDLINE
| ID: mdl-30617883
ABSTRACT
This work aims to contribute to the existing literature by investigating at the impact of financial development on ecological footprint. To achieve this goal, we have employed Driscoll-Kraay panel regression model for a panel of 59 Belt and Road countries in the period from 1990 to 2016. The findings suggest that financial development increases ecological footprint. Moreover, economic growth, energy consumption, foreign direct investment (FDI), and urbanization pollute the environment by increasing ecological footprint. In addition, several diagnostic tests have been applied to confirm the reliability and validity of the results. From the outcome of the study, various policy implications have been proposed for Belt and Road countries to minimize the ecological footprint.
Palavras-chave
Texto completo:
1
Base de dados:
MEDLINE
Assunto principal:
Meio Ambiente
/
Investimentos em Saúde
Tipo de estudo:
Health_economic_evaluation
/
Prognostic_studies
País/Região como assunto:
Asia
Idioma:
En
Revista:
Environ Sci Pollut Res Int
Assunto da revista:
SAUDE AMBIENTAL
/
TOXICOLOGIA
Ano de publicação:
2019
Tipo de documento:
Article
País de afiliação:
China