IDEAS home Printed from https://ideas.repec.org/a/rfh/bbejor/v13y2024i2p418-423.html

Exploring the Dynamics of Trade in Developing Countries: A Panel ARDL Analysis of Renewable Electricity, Labor Force, and Economic Factors

Author

Listed:
  • Sami Ullah Nagra

    (MPhil Business Economics, Bahauddin Zakariya University Multan, Pakistan)

  • Sania Batool

    (MPhil Business Economics, Bahauddin Zakariya University Multan, Pakistan)

  • Iqra Bashir

    (MPhil Business Economics, Bahauddin Zakariya University Multan, Pakistan)

  • Dr. Muhammad Ayub

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

Abstract

This study looks at how important economic, environmental, and labour force variables interact with trade dynamics in emerging nations. The study examines the relationship between trade and renewable power generation, labour force participation, and economic indicators throughout the period from 2000 to 2023 using a panel Autoregressive Distributed Lag (ARDL) approach. With the exception of CO2 emissions, which show a negative correlation, the results show a strong positive association between trade and the variables under investigation. These results highlight the significance of sustainable economic development methods in promoting trade growth in poor countries and throw insight on the intricate processes influencing trade patterns.

Suggested Citation

  • Sami Ullah Nagra & Sania Batool & Iqra Bashir & Dr. Muhammad Ayub, 2024. "Exploring the Dynamics of Trade in Developing Countries: A Panel ARDL Analysis of Renewable Electricity, Labor Force, and Economic Factors," Bulletin of Business and Economics (BBE), Research Foundation for Humanity (RFH), vol. 13(2), pages 418-423.
    • Handle: RePEc:rfh:bbejor:v:13:y:2024:i:2:p:418-423
    DOI: https://doi.org/10.61506/01.00346
    as

    Download full text from publisher

    File URL: https://bbejournal.com/BBE/article/view/860/850
    Download Restriction: no
    File URL: https://bbejournal.com/BBE/article/view/860
    Download Restriction: no
    File URL: https://libkey.io/https://doi.org/10.61506/01.00346?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    References listed on IDEAS

    as
    1. Roussel, Yannick & Audi, Marc, 2024. "Exploring the Nexus of Economic Expansion, Tourist Inflows, and Environmental Sustainability in Europe," MPRA Paper 121529, University Library of Munich, Germany.
    2. Alam, Md. Mahmudul & Murad, Md. Wahid, 2020. "The impacts of economic growth, trade openness and technological progress on renewable energy use in organization for economic co-operation and development countries," Renewable Energy, Elsevier, vol. 145(C), pages 382-390.
    3. Sulemana Mumuni & Thomas Mwimba, 2023. "Modeling the impact of green energy consumption and natural resources rents on economic growth in Africa: An analysis of dynamic panel ARDL and the feasible generalized least squares estimators," Cogent Economics & Finance, Taylor & Francis Journals, vol. 11(1), pages 2161774-216, December.
    4. Ullah, Asad & Ali, Amjad, 2024. "Investigating Corruption, Income Inequality, and Environmental Degradation in Pakistan: A Time Series Analysis," MPRA Paper 121291, University Library of Munich, Germany.
    5. da Silva, Patrícia Pereira & Cerqueira, Pedro André & Ogbe, Wojolomi, 2018. "Determinants of renewable energy growth in Sub-Saharan Africa: Evidence from panel ARDL," Energy, Elsevier, vol. 156(C), pages 45-54.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Khan, Atif Maqbool & Wyrwa, Artur, 2025. "Integrating machine learning and econometric models to uncover macroeconomic determinants of renewable energy production in the selected European countries," Energy, Elsevier, vol. 333(C).
    2. Appiah-Otoo, Isaac & Chen, Xudong & Ampah, Jeffrey Dankwa, 2023. "Does financial structure affect renewable energy consumption? Evidence from G20 countries," Energy, Elsevier, vol. 272(C).
    3. Vural, Gulfer, 2021. "Analyzing the impacts of economic growth, pollution, technological innovation and trade on renewable energy production in selected Latin American countries," Renewable Energy, Elsevier, vol. 171(C), pages 210-216.
    4. Reitumetse Ngcobo & Milan Christian De Wet, 2024. "The Impact of Financial Development and Economic Growth on Renewable Energy Supply in South Africa," Sustainability, MDPI, vol. 16(6), pages 1-24, March.
    5. Fiaz Ahmad Sulehri & Marc Audi & Marc Poulin & Amjad Ali, 2024. "Nexus between Innovation and Ecological Impact: A Moderated Mediation Investigation through Structural Equation Modeling Approach," International Journal of Energy Economics and Policy, Econjournals, vol. 14(4), pages 509-518, July.
    6. Dogan, Eyup & Chishti, Muhammad Zubair & Karimi Alavijeh, Nooshin & Tzeremes, Panayiotis, 2022. "The roles of technology and Kyoto Protocol in energy transition towards COP26 targets: Evidence from the novel GMM-PVAR approach for G-7 countries," Technological Forecasting and Social Change, Elsevier, vol. 181(C).
    7. Kassouri, Yacouba & Altuntaş, Mehmet & Alola, Andrew Adewale, 2022. "The contributory capacity of natural capital to energy transition in the European Union," Renewable Energy, Elsevier, vol. 190(C), pages 617-629.
    8. Mumtaz Ali & Mehdi Seraj & Fatma Turuc & Turgut Tursoy & Khusniddin Fakhriddinovich Uktamov, 2024. "Green finance investment and climate change mitigation in OECD-15 European countries: RALS and QARDL evidence," Environment, Development and Sustainability: A Multidisciplinary Approach to the Theory and Practice of Sustainable Development, Springer, vol. 26(11), pages 27409-27429, November.
    9. Dur-e-Shahwar & Dr. Fouzia Ashfaq & Maliha Khan, 2024. "The Impact of Visual Packaging Design on Perceived Food Product Quality and Brand Preference with Moderating Effect of Gender," Bulletin of Business and Economics (BBE), Research Foundation for Humanity (RFH), vol. 13(1), pages 714-719.
    10. Hondroyiannis, George & Papapetrou, Evangelia & Tsalaporta, Pinelopi, 2024. "Sustainable energy consumption and finance in the presence of risks: Towards a green economy," Renewable Energy, Elsevier, vol. 237(PA).
    11. Zhang, Zhanren & Karimi, Mohammad Sharif & Weerasinghe, Naveen Mahasen & Bilan, Yuriy & Shahzad, U., 2024. "Interplay between economic progress, carbon emissions and energy prices on green energy adoption: Evidence from USA and Germany in context of sustainability," Renewable Energy, Elsevier, vol. 232(C).
    12. Alvi, Aramish Altaf & Audi, Marc & Ashiq, Rakhshanda, 2024. "Is indirect Taxes Bad for the Poor? Examining the Determinants of Poverty in Pakistan," MPRA Paper 121536, University Library of Munich, Germany.
    13. Zhou, Anhua & Li, Jun, 2022. "How do trade liberalization and human capital affect renewable energy consumption? Evidence from the panel threshold model," Renewable Energy, Elsevier, vol. 184(C), pages 332-342.
    14. Iftikhar Ahmad & Arifa Saeed & Muhammad Ibrahim Saeed & Clement Chiahemba Ajekwe, 2024. "Exports, FDI Inflows, Renewable Energy and Economic Growth: An Empirical Evidence from Singapore," Bulletin of Business and Economics (BBE), Research Foundation for Humanity (RFH), vol. 13(1), pages 850-856.
    15. Xue, Pengcheng & Liu, Hanzhen & Zhao, Delong & Liu, Jiaxin, 2024. "Mineral resources and equitable economic development: South Asian mineral resources policy perspective with innovation for resources efficiency," Resources Policy, Elsevier, vol. 96(C).
    16. Ayiza Arshad & Atif Khan Jadoon & Ambreen Sarwar & Maria Faiq Javaid, 2024. "Towards Asian Countries Sustainable Development: The Nexus between Information and Communication Technology, Energy Consumption and Carbon Dioxide Emission," Bulletin of Business and Economics (BBE), Research Foundation for Humanity (RFH), vol. 13(2), pages 1-8.
    17. Hijab Azhar & Laiba Asif & Tehreem Jehan & Hira Khurram & Javaria Asim, 2024. "Exploring the Drivers of Green Purchasing Behavior: Evidence from Pakistan," Bulletin of Business and Economics (BBE), Research Foundation for Humanity (RFH), vol. 13(2), pages 93-101.
    18. Avazkhodjaev S. Shakhabiddinovich & Noor Azuddin bin Yakob & Lau Wee Yeap, 2022. "Asymmetric Effect of Renewable Energy Generation and Clean Energy on Green Economy Stock Price: ANonlinear ARDL Approach," International Journal of Energy Economics and Policy, Econjournals, vol. 12(1), pages 407-415.
    19. David Guan & Ubaldo Comite & Muhammad Safdar Sial & Asma Salman & Boyao Zhang & Stefan B. Gunnlaugsson & Urszula Mentel & Grzegorz Mentel, 2021. "The Impact of Renewable Energy Sources on Financial Development, and Economic Growth: The Empirical Evidence from an Emerging Economy," Energies, MDPI, vol. 14(23), pages 1-13, December.
    20. Ateeque Anwer, 2024. "How Oil Price Shocks Influence on Inflation Rate? Evidence from Malaysian Economy," Bulletin of Business and Economics (BBE), Research Foundation for Humanity (RFH), vol. 13(2), pages 350-356.

    More about this item

    Keywords

    ;
    ;
    ;
    ;
    ;
    ;

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:rfh:bbejor:v:13:y:2024:i:2:p:418-423. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Dr. Muhammad Irfan Chani The email address of this maintainer does not seem to be valid anymore. Please ask Dr. Muhammad Irfan Chani to update the entry or send us the correct address (email available below). General contact details of provider: https://edirc.repec.org/data/rffhlpk.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.