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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

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    Cited by:

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    2. Mahmood, Haider & Chaudhary, A. R., 2013. "Impact of FDI on Income Inequality in Pakistan," MPRA Paper 109460, University Library of Munich, Germany.
    3. Mohammad Mafizur Rahman & Xuan-Binh (Benjamin) Vu, 2021. "Are Energy Consumption, Population Density and Exports Causing Environmental Damage in China? Autoregressive Distributed Lag and Vector Error Correction Model Approaches," Sustainability, MDPI, vol. 13(7), pages 1-19, March.
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    5. Olatunji A. Shobande & Simplice A. Asongu, 2021. "Financial Development, Human Capital Development and Climate Change in East and Southern Africa," Working Papers of the African Governance and Development Institute. 21/042, African Governance and Development Institute..
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    7. Jing Wang & Jie Li, 2021. "Exploring the Impact of International Trade on Carbon Emissions: New Evidence from China’s 282 Cities," Sustainability, MDPI, vol. 13(16), pages 1-12, August.
    8. Jan Streeck & Quirin Dammerer & Dominik Wiedenhofer & Fridolin Krausmann, 2021. "The role of socio‐economic material stocks for natural resource use in the United States of America from 1870 to 2100," Journal of Industrial Ecology, Yale University, vol. 25(6), pages 1486-1502, December.
    9. Mahmood, Haider & Alkhateeb, Tarek Tawfik Yousef & Al-Qahtani, Maleeha Mohammed Zaaf & Allam, Zafrul Allam & Ahmad, Nawaz & Furqan, Maham, 2019. "Energy consumption, economic growth and pollution in Saudi Arabia," MPRA Paper 109143, University Library of Munich, Germany.
    10. Chen, Hongrui, 2023. "Energy innovations, natural resource abundance, urbanization, and environmental sustainability in the post-covid era. Does environmental regulation matter?," Resources Policy, Elsevier, vol. 85(PB).
    11. Rabiu Maijama’a & Kabiru Saidu Musa, 2020. "Crude Oil Price, Urbanization and Environmental Pollution in Nigeria: Evidence from ARDL Approach," Asian Journal of Economic Modelling, Asian Economic and Social Society, vol. 8(4), pages 227-240, December.
    12. Keyi Duan & Mingyao Cao & Nurhafiza Abdul Kader Malim, 2022. "The Relationship between Trade Liberalization, Financial Development and Carbon Dioxide Emission—An Empirical Analysis," Sustainability, MDPI, vol. 14(16), pages 1-14, August.
    13. Glenn A. Aguilar‐Hernandez & Sebastiaan Deetman & Stefano Merciai & João F. D. Rodrigues & Arnold Tukker, 2021. "Global distribution of material inflows to in‐use stocks in 2011 and its implications for a circularity transition," Journal of Industrial Ecology, Yale University, vol. 25(6), pages 1447-1461, December.
    14. Qamri, Ghulam Muhammad & Sheng, Bin & Adeel-Farooq, Rana Muhammad & Alam, Gazi Mahabubul, 2022. "The criticality of FDI in Environmental Degradation through financial development and economic growth: Implications for promoting the green sector," Resources Policy, Elsevier, vol. 78(C).
    15. Haider Mahmood & Awad Ali Alanzi, 2020. "Rule of Law and Environment Nexus in Saudi Arabia," International Journal of Energy Economics and Policy, Econjournals, vol. 10(5), pages 7-12.
    16. Mihaela Simionescu & Adam Wojciechowski & Arkadiusz Tomczyk & Marcin Rabe, 2021. "Revised Environmental Kuznets Curve for V4 Countries and Baltic States," Energies, MDPI, vol. 14(11), pages 1-15, June.
    17. Lisha, Liu & Mousa, Saeed & Arnone, Gioia & Muda, Iskandar & Huerta-Soto, Rosario & Shiming, Zhai, 2023. "Natural resources, green innovation, fintech, and sustainability: A fresh insight from BRICS," Resources Policy, Elsevier, vol. 80(C).
    18. Aleksy Kwilinski & Oleksii Lyulyov & Tetyana Pimonenko, 2023. "Environmental Sustainability within Attaining Sustainable Development Goals: The Role of Digitalization and the Transport Sector," Sustainability, MDPI, vol. 15(14), pages 1-14, July.
    19. Haider Mahmood & Nabil Maalel & Muhammad Shahid Hassan, 2021. "Probing the Energy-Environmental Kuznets Curve Hypothesis in Oil and Natural Gas Consumption Models Considering Urbanization and Financial Development in Middle East Countries," Energies, MDPI, vol. 14(11), pages 1-24, May.
    20. Farhan Ahmed & Shazia Kousar & Amber Pervaiz & José Pedro Ramos-Requena, 2020. "Financial Development, Institutional Quality, and Environmental Degradation Nexus: New Evidence from Asymmetric ARDL Co-Integration Approach," Sustainability, MDPI, vol. 12(18), pages 1-21, September.
    21. Manuela Tvaronavičienė, 2023. "Towards Renewable Energy: Opportunities and Challenges," Energies, MDPI, vol. 16(5), pages 1-2, February.
    22. Haider Mahmood & Tarek Tawfik Yousef Alkhateeb & Maleeha Mohammed Zaaf Al-Qahtani & Zafrul Allam & Nawaz Ahmad & Maham Furqan, 2020. "Urbanization, Oil Price and Pollution in Saudi Arabia," International Journal of Energy Economics and Policy, Econjournals, vol. 10(2), pages 477-482.

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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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