Abstract

Apart from being vulnerable to the menace created by climate change, the MENA countries consume more of non-renewable energy despite their resource endowments and great renewable energy potentials. Energy consumption, natural resource exploration and urbanization may add to environmental degradation since ecological distortions emanate from human activities. This study investigates the effects of the aforementioned variables on the ecological footprint in MENA countries. The findings confirm the Environmental Kuznets Curve (EKC) hypothesis and further reveal the negative impact of natural resource and economic growth on the environment. Renewable energy and urbanization reduce ecological footprint. The Fully Modified Ordinary Least Squares (FMOLS) and Dynamic Ordinary Least Squares (DOLS) were applied to obtain the country-specific results. Further findings suggest a feedback causality between urbanization, economic growth and ecological footprint. Policy directions based on the findings are extensively discussed.

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.