Dynamic impact of trade policy, economic growth, fertility rate, renewable and non-renewable energy consumption on ecological footprint in Europe
İstanbul Gelişim Üniversitesi · Eastern Mediterranean University · +1 more institution
Abstract
Climate change mitigation has become the central theme for many policy initiatives, as such, the European Union (EU) member countries are working assiduously to achieve the emission targets. To provide policy direction in achieving the emission targets, this study investigated the drivers essential to attaining the Sustainable Development Goals in regards to reducing environmental pollution in EU member countries. A balanced panel of 16-EU countries from 1997 to 2014 was estimated with Panel Pool Mean Group Autoregressive distributive lag (PMG-ARDL) model. The study traced the equilibrium relationship between ecological footprint, real gross domestic product, trade openness, fertility rate, renewable and…
Citation impact
- FWCI
- 47.40
- Percentile
- 100%
- References
- 45
Authors
3- AAAndrew Adewale Alola
İstanbul Gelişim Üniversitesi
- FVFestus Victor Bekun
Eastern Mediterranean University
- SASamuel Asumadu SarkodieCorresponding
Nord University
Topics & keywords
- Renewable energy
- Economics
- Ecological footprint
- Natural resource economics
- Sustainable development
- European union
- Sustainability
- Energy consumption