Agricultural Exports, Financial Openness and Ecological Footprints: An Empirical Analysis for Pakistan

Authors

  • Ihtisham ul Haq Kohat University of Science and Technology http://orcid.org/0000-0003-1961-6000
  • Dilawar Khan Kohat University of Science and Technology
  • Hassan Taj Kohat University of Science and technology
  • Piratdin Allayarov Tashkent State University of Economics
  • Azeem Abbas Kohat University of Science and Technology
  • Muhammad Khalid Kohat University of Science and Technology
  • Muhammad Awais Kohat University of Science and Technology

Abstract

The environmental degradation has become one of the most debatable issues in 21st century. The current study explores the impact of agricultural exports and financial openness on ecological footprints in Pakistan. For this purpose, the study utilizes time series data. Unit root tests are applied to check the data for unit root problem and autoregressive distributed lagged (ARDL) model is employed for cointegration analysis. The results of the study show that agriculture exports are responsible for lessening ecological footprints in long run as well as in short run thus; increase in agricultural exports will restrain environmental degradation in Pakistan. The results also revealed that financial openness increases ecological footprints henceforth, environmental degradation in Pakistan. Moreover, trade openness, economic growth and energy consumption are also significant factors of ecological footprints.  Keywords: Agricultural exports, financial openness, ecological footprints, Pakistan.JEL Classifications: C22, E01, F18, Q57DOI: https://doi.org/10.32479/ijeep.11744

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Author Biographies

Ihtisham ul Haq, Kohat University of Science and Technology

Department of Economics

Dilawar Khan, Kohat University of Science and Technology

Department of Economics

Hassan Taj, Kohat University of Science and technology

Department of Economics

Piratdin Allayarov, Tashkent State University of Economics

Department of Mathematical methods in Economics

Azeem Abbas, Kohat University of Science and Technology

Deptartment of Economics

Muhammad Khalid, Kohat University of Science and Technology

Department of Economics

Muhammad Awais, Kohat University of Science and Technology

Department of Economics

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Published

2021-11-03

How to Cite

Haq, I. ul, Khan, D., Taj, H., Allayarov, P., Abbas, A., Khalid, M., & Awais, M. (2021). Agricultural Exports, Financial Openness and Ecological Footprints: An Empirical Analysis for Pakistan. International Journal of Energy Economics and Policy, 11(6), 256–261. Retrieved from https://econjournals.com/index.php/ijeep/article/view/11744

Issue

Vol. 11 No. 6 (2021)

Section

Articles

License

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