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

Author

Listed:
  • Ihtisham ul Haq

    (Department of Economics, Kohat University of Science and Technology, Kohat 26000, Pakistan,)

  • Dilawar Khan

    (Department of Economics, Kohat University of Science and Technology, Kohat 26000, Pakistan,)

  • Hassan Taj

    (Department of Economics, Kohat University of Science and Technology, Kohat 26000, Pakistan,)

  • Piratdin Allayarov

    (Department of Mathematical Methods in Economics, Faculty of Digital Economy, Tashkent State University of Economics, Tashkent, Uzbekistan.)

  • Azeem Abbas

    (Department of Economics, Kohat University of Science and Technology, Kohat 26000, Pakistan,)

  • Muhammad Khalid

    (Department of Economics, Kohat University of Science and Technology, Kohat 26000, Pakistan,)

  • Muhammad Awais

    (Department of Economics, Kohat University of Science and Technology, Kohat 26000, Pakistan,)

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.

Suggested Citation

  • Ihtisham ul Haq & Dilawar Khan & Hassan Taj & Piratdin Allayarov & Azeem Abbas & Muhammad Khalid & Muhammad Awais, 2021. "Agricultural Exports, Financial Openness and Ecological Footprints: An Empirical Analysis for Pakistan," International Journal of Energy Economics and Policy, Econjournals, vol. 11(6), pages 256-261.
    • Handle: RePEc:eco:journ2:2021-06-30
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    References listed on IDEAS

    as
    1. Jesús Antón & Shingo Kimura & Jussi Lankoski & Andrea Cattaneo, 2012. "A Comparative Study of Risk Management in Agriculture under Climate Change," OECD Food, Agriculture and Fisheries Papers 58, OECD Publishing.
    Full references (including those not matched with items on IDEAS)

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    Cited by:

    1. Muhammad Hasnain Khalid & Ihtisham ul Haq & Dilawar Khan & Khurram Abbas, 2022. "Exploring the Impact of Economic Structure on Carbon Emissions: A Case Study of Pakistan," International Journal of Energy Economics and Policy, Econjournals, vol. 12(3), pages 425-431, May.

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    More about this item

    Keywords

    Agricultural exports; financial openness; ecological footprints; Pakistan.;
    All these keywords.

    JEL classification:

    • C22 - Mathematical and Quantitative Methods - - Single Equation Models; Single Variables - - - Time-Series Models; Dynamic Quantile Regressions; Dynamic Treatment Effect Models; Diffusion Processes
    • E01 - Macroeconomics and Monetary Economics - - General - - - Measurement and Data on National Income and Product Accounts and Wealth; Environmental Accounts
    • F18 - International Economics - - Trade - - - Trade and Environment
    • Q57 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Ecological Economics

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