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Trade openness and CO2 emissions nexus in Oman

Author

Listed:
  • Ahmad M. A. Zamil

    (Prince Sattam Bin Abdulaziz University, Saudi Arabia)

  • Maham Furqan

    (S&P Global Market Intelligence, Pakistan)

  • Haider Mahmood

    (Prince Sattam Bin Abdulaziz University, Saudi Arabia)

Abstract

Trade Openness (TO) has a strong role in the development of an economy but its impact on the overall environmental profile of a country is debatable. This analysis is focused to test how trade openness affects CO2 emissions in Oman. Unit root tests are conducted and ARDL model is employed using data from 1972-2014. The results of the study suggested that both Gross Domestic Product (GDP) per capita and trade openness seem to have the positive impact on CO2 emissions. It means that a higher GDP per capita and trade openness destructs the environment in the country. The results leave space for Oman’s government to consider the environment while devising its trade policies.

Suggested Citation

  • Ahmad M. A. Zamil & Maham Furqan & Haider Mahmood, 2019. "Trade openness and CO2 emissions nexus in Oman," Entrepreneurship and Sustainability Issues, VsI Entrepreneurship and Sustainability Center, vol. 7(2), pages 1319-1329, December.
    • Handle: RePEc:ssi:jouesi:v:7:y:2019:i:2:p:1319-1329
    DOI: 10.9770/jesi.2019.7.2(36)
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    References listed on IDEAS

    as
    1. Tarek Tawfik Yousef Alkhateeb & Haider Mahmood, 2019. "Energy Consumption and Trade Openness Nexus in Egypt: Asymmetry Analysis," Energies, MDPI, vol. 12(10), pages 1-10, May.
    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. Shahbaz, Muhammad & Solarin, Sakiru Adebola & Mahmood, Haider & Arouri, Mohamed, 2013. "Does financial development reduce CO2 emissions in Malaysian economy? A time series analysis," Economic Modelling, Elsevier, vol. 35(C), pages 145-152.
    4. AkbostancI, Elif & Türüt-AsIk, Serap & Tunç, G. Ipek, 2009. "The relationship between income and environment in Turkey: Is there an environmental Kuznets curve?," Energy Policy, Elsevier, vol. 37(3), pages 861-867, March.
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    More about this item

    Keywords

    trade openness; CO2 emissions; per capita GDP;
    All these keywords.

    JEL classification:

    • F14 - International Economics - - Trade - - - Empirical Studies of Trade
    • Q53 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Air Pollution; Water Pollution; Noise; Hazardous Waste; Solid Waste; Recycling
    • F43 - International Economics - - Macroeconomic Aspects of International Trade and Finance - - - Economic Growth of Open Economies

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