ArticleEnvironmental science and pollution research international2021
The nexus between environmental regulations, economic growth, and environmental sustainability: linking environmental patents to ecological footprint reduction in South Asia.
Article in Environmental science and pollution research international, 2021. The graph could read no effect estimate from its abstract, so it casts no vote on the map. Cited by 22 papers.
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Who cites it
22 citing papers in PubMed.
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- Quantile estimation of ecological footprint and economic complexity in emerging economies: The moderating role of increasing energy consumption.Environmental science and pollution research international · 2022Article
- Environmental concerns of financial inclusion and economic policy uncertainty in the era of globalization: evidence from low & high globalized OECD economies.Environmental science and pollution research international · 2022Article
- Does financial development reinforce ecological footprint in Singapore? Evidence from ARDL and Bayesian analysis.Environmental science and pollution research international · 2022Article
- Assessing the dynamic linkage between energy efficiency, renewable energy consumption, and COEnvironmental science and pollution research international · 2022Article
- Mitigating energy production-based carbon dioxide emissions in Argentina: the roles of renewable energy and economic globalization.Environmental science and pollution research international · 2022Article
- The trade-off between energy consumption, economic growth, militarization, and COEnvironmental science and pollution research international · 2022Article
- Does ICT diffusion lead to energy efficiency and environmental sustainability in emerging Asian economies?Environmental science and pollution research international · 2022Article
- The influence of energy consumption and economic growth on environmental degradation in BRICS countries: an application of the ARDL model and decoupling index.Environmental science and pollution research international · 2022Article
- A step towards sustainable path: The effect of globalization on China's carbon productivity from panel threshold approach.Environmental science and pollution research international · 2022Article
- The asymmetric associations between foreign direct investment inflows, terrorism, CO2 emissions, and economic growth: a tale of two shocks.Environmental science and pollution research international · 2021Article
- The roles of nuclear energy, renewable energy, and economic growth in the abatement of carbon dioxide emissions in the G7 countries.Environmental science and pollution research international · 2021Article
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Authors and funding
5 authors.
Funding
No grant is acknowledged in the PubMed record.
Abstract
Environmental sustainability has become a major concern for policymakers across the globe. In this regard, understanding the factors responsible for environmental degradation is particularly important for developing nations. Against this backdrop, this study aims to evaluate the impacts of environmental regulations and other vital macroeconomic aggregates on the ecological footprints in the context of four fossil fuel-dependent South Asian countries: Bangladesh, India, Pakistan, and Sri Lanka. The major findings from the econometric analysis, accounting for cross-sectional dependency, slope heterogeneity, and structural break issues in the data, reveal that environmental regulations portray significant roles in directly and indirectly reducing the ecological footprints across South Asia. Besides, the elasticity estimates verify the authenticity of the environmental Kuznets curve and the pollution haven hypotheses. On the other hand, non-renewable and renewable energy consumptions are found to increase and decrease the ecological footprints, respectively. Moreover, renewable energy use and environmental regulations are found to jointly reduce the ecological footprints further. More importantly, environmental regulations are predicted to reduce the adverse environmental impacts of economic growth, non-renewable energy use, and foreign direct investment inflows while increasing the favorable environmental impacts associated with renewable energy use. Furthermore, the country-specific impacts of environmental regulations on the ecological footprints are found to be more or less homogeneous to the corresponding panel estimates. The environmental Kuznets curve and pollution haven hypotheses are evidenced to hold for the majority of the four South Asia nations. In line with these findings, several relevant policy-level suggestions are put forward.
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