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Connecting the Carbon Ecological Footprint, Economic Globalization, Population Density, Financial Sector Development, and Economic Growth of Five South Asian Countries

Author

Listed:
  • Alok Kumar Mishra
  • Aruna Kumar Dash

    (School of Economics, University of Hyderabad, India)

Abstract

We investigate the connection between the carbon ecological footprint, economic globalization, population density, financial sector development, and economic growth in five South Asian nations from 1971 to 2019. Using a panel autoregressive distributed lag model, we find that population density, economic growth, and economic globalization positively affect the carbon ecological footprint in the long run. However, financial development is inversely related to the carbon ecological footprint at a 10% statistical level of significance.

Suggested Citation

  • Alok Kumar Mishra & Aruna Kumar Dash, 2022. "Connecting the Carbon Ecological Footprint, Economic Globalization, Population Density, Financial Sector Development, and Economic Growth of Five South Asian Countries," Energy RESEARCH LETTERS, Asia-Pacific Applied Economics Association, vol. 3(2), pages 1-6.
    • Handle: RePEc:ayb:jrnerl:58
    DOI: 2022/06/17
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    Cited by:

    1. Bartosz Jóźwik & Phouphet Kyophilavong & Aruna Kumar Dash & Antonina Viktoria Gavryshkiv, 2022. "Revisiting the Environmental Kuznets Curve Hypothesis in South Asian Countries: The Role of Energy Consumption and Trade Openness," Energies, MDPI, vol. 15(22), pages 1-20, November.

    More about this item

    Keywords

    carbon ecological footprint; economic globalization; financial sector development; economic growth;
    All these keywords.

    JEL classification:

    • E31 - Macroeconomics and Monetary Economics - - Prices, Business Fluctuations, and Cycles - - - Price Level; Inflation; Deflation
    • E37 - Macroeconomics and Monetary Economics - - Prices, Business Fluctuations, and Cycles - - - Forecasting and Simulation: Models and Applications
    • F37 - International Economics - - International Finance - - - International Finance Forecasting and Simulation: Models and Applications

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