Investigating the Relationship between Trade and Financial Openness with Ecological Footprint

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FAKHER HOSSEIN ALI; ABEDI ZAHRA; SHAYGANI BITA

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Journal Paper

Paper Information

Journal: Journal of Economic Modelling Year:2018 | Volume:11 | Issue:4(40) Page(s): 49-67

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Information Journal Paper

Title

Investigating the Relationship between Trade and Financial Openness with Ecological Footprint

Author(s)

FAKHER HOSSEIN ALI | ABEDI ZAHRA | SHAYGANI BITA | Issue Writer Certificate

Keywords

JEL Classification:C33Q1

Q56Q1

Q57.Keywords:Ecological FootprintQ1

Trade opennessQ2

Financial OpennessQ2

Simultaneous Equations SystemQ2

Abstract

The major aim of this paper is the survey of impact of trade and Financial Openness on ecological footprint in selected developing countries. In this paper, it has been tried to test the effect of trade and Financial Openness on ecological footprint in the form of simultaneous-equation system on the base of panel data to the years from 1994 to 2014. The results show, there are several factors, which can affect the trade and Financial Openness and cannot be considered as exogenous variables. Considering trade and Financial Openness as endogenous variables and the factors influencing them, the impact of such variables on the ecological footprint index can be examined more precisely. On this basis, Trade openness has positive and significant effect on ecological footprint index (negative effect on environment quality). On the other hand, according to shelter of pollution hypothesis Financial Openness variable has positive and significant effect on the ecological footprint index.

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APA: Copy

FAKHER, HOSSEIN ALI, ABEDI, ZAHRA, & SHAYGANI, BITA. (2018). Investigating the Relationship between Trade and Financial Openness with Ecological Footprint. ECONOMIC MODELLING, 11(4(40) ), 49-67. SID. https://sid.ir/paper/176117/en

Vancouver: Copy

FAKHER HOSSEIN ALI, ABEDI ZAHRA, SHAYGANI BITA. Investigating the Relationship between Trade and Financial Openness with Ecological Footprint. ECONOMIC MODELLING[Internet]. 2018;11(4(40) ):49-67. Available from: https://sid.ir/paper/176117/en

IEEE: Copy

HOSSEIN ALI FAKHER, ZAHRA ABEDI, and BITA SHAYGANI, “Investigating the Relationship between Trade and Financial Openness with Ecological Footprint,” ECONOMIC MODELLING, vol. 11, no. 4(40) , pp. 49–67, 2018, [Online]. Available: https://sid.ir/paper/176117/en

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