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The intermittent effects of renewable energy on ecological footprint: evidence from developing countries

This paper examines the relationship between renewable, non-renewable energy, natural resources, human capital, and globalization on ecological footprint from 1990 to 2016 for developing countries. We apply Westerlund co-integration technique to check the long-run relationship among the variables. T...

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Published in:Environmental science and pollution research international 2021-10, Vol.28 (40), p.56401-56417
Main Authors: Sahoo, Malayaranjan, Sethi, Narayan
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Language:English
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description This paper examines the relationship between renewable, non-renewable energy, natural resources, human capital, and globalization on ecological footprint from 1990 to 2016 for developing countries. We apply Westerlund co-integration technique to check the long-run relationship among the variables. The long-run elasticity of the model is analyzed through MG, AMG, and DCCE. For the robustness check of the long-run relationship among the variables, we use FMOLS and DOLS approach. The direction of causal relationship is determined through Dumitrescu and Hurlin causality test. Our findings revealed that economic growth, non-renewable energy, natural resource, and urbanization are inducing the ecological footprint of developing countries and reducing the environment’s quality. To cope up with this situation, developing countries are bound to use more fossil fuel energy. The use of non-renewable energy consumption leads to increase the extraction of natural resources like coal and oil. However, renewable energy reduces the ecological footprint or improves environmental quality. Similarly, human capital and globalization have negative effects on ecological footprint. The results of causality test reveal that there are feedback effects between ecological footprint with economic growth, globalization, and natural resources. This study suggests that these developing countries should focus more on the investment in the renewable energy sector, improve quality education, and make stringent environmental policy for protecting the nations from ecological issues.
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subjects Aquatic Pollution
Atmospheric Protection/Air Quality Control/Air Pollution
Developing countries
Earth and Environmental Science
Ecological effects
Ecological footprint
Economic development
Economic growth
Economics
Ecotoxicology
Energy consumption
Energy industry
Energy policy
Environment
Environmental Chemistry
Environmental Health
Environmental policy
Environmental quality
Environmental science
Footprint analysis
Fossil fuels
Globalization
Human capital
LDCs
Natural resources
Quality of education
Renewable energy
Renewable resources
Research Article
Urbanization
Waste Water Technology
Water Management
Water Pollution Control
title The intermittent effects of renewable energy on ecological footprint: evidence from developing countries
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