Abstract

The association between economic complexity (a sophisticated economic structure) and ecological footprint has been investigated in developed countries but has less attention in developing nations. Therefore, this study aims to explore the influence of economic complexity, economic growth, and urbanization on demand for ecological assets in Vietnam from 1975 to 2016. By adopting the quantile regression, the empirical results indicate that an increase in economic growth leads to a decrease in ecological footprint, while an enhanced urbanization policy may hurt the national ecosystem. A new finding of this study is that economic complexity is only really beneficial for ecological footprints after the 67% threshold. Based on empirical results, some practical policy implications are suggested.

Full Text
Paper version not known

Talk to us

Join us for a 30 min session where you can share your feedback and ask us any queries you have

Schedule a call

Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.