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Effects of Trade, Environment Quality and Human Capital on Industrial Sector Output in Developing Countries: A Panel Data Analysis

Author

Listed:
  • Ismat Nasim

    (Lecturer, Department of Economics, Govt. Sadiq College Women University, Bahawalpur, Pakistan)

  • Imran Sharif Chaudhry

    (Professor, School of Economics/Dean, Faculty of Art – Social Sciences, Bahauddin Zakariya University, Multan, Pakistan)

  • Furrukh Bashir

    (Assistant Professor, School of Economics, Bahauddin Zakariya University, Multan, Pakistan)

Abstract

The study is conducted to explore the effectiveness of various variables i.e. Trade, Environmental Quality and Human Capital on Industrial Sector Output by taking data of 63 developing economies, Panel Unit root and Panel ARDL approaches are applied for empirical results. The supporting variable are selected from theoretical support like Labor, Capital, Broad Money, GDP deflator and human capital. The study explores that Money Supply, Human Capital, Government Expenditure and Capital Stock are increasing industrial sector output, but it is reduced by Carbon Dioxide Emission, Trade Openness, Labor Force and Price Level.

Suggested Citation

  • Ismat Nasim & Imran Sharif Chaudhry & Furrukh Bashir, 2022. "Effects of Trade, Environment Quality and Human Capital on Industrial Sector Output in Developing Countries: A Panel Data Analysis," iRASD Journal of Economics, International Research Alliance for Sustainable Development (iRASD), vol. 4(1), pages 107-116, March.
    • Handle: RePEc:ani:irdjoe:v:4:y:2022:i:1:p:107-116
    DOI: 10.52131/joe.2022.0401.0065
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    References listed on IDEAS

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    1. Ismat Nasim & Mohamed Boukhris & Umar Nawaz Kayani & Farrukh Bashir & Syed Arslan Haider, 2023. "Exploring the Links between Renewable Energy, FDI, Environmental Degradation, and International Trade in Selected Developing Countries," International Journal of Energy Economics and Policy, Econjournals, vol. 13(6), pages 418-429, November.

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