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The ecological footprint facing asymmetric natural resources challenges: evidence from the USA
- Source :
- Environmental Science and Pollution Research. 29:10521-10534
- Publication Year :
- 2021
- Publisher :
- Springer Science and Business Media LLC, 2021.
-
Abstract
- One of the most critical problems of today is the environmental policies with the focus on economy. Despite the many efforts of global organizations, environmental pollution is the subject of human beings. For this, the most polluting countries attract the attention of researchers. Many studies produce economy-centered environmental policies for the USA. However, the asymmetric effect of natural resources on environmental pollution has been neglected in the literature. In this paper, the effects of economic growth, renewable energy, biocapacity, and natural resources on the ecological footprint are addressed within the framework of the Environmental Kuznets Curve hypothesis over the period 1980-2017. Empirical findings confirm that economic growth and biocapacity increase environmental degradation, while renewable energy consumption helps reduce environmental damage. More specifically, when the results are analyzed in terms of natural resources, positive shocks in natural resources contribute to reducing environmental damage, while negative shocks in it negatively affect the environmental quality. The paper presents important policy implications for economy-centered environmental issues.
- Subjects :
- Natural resource economics
Health, Toxicology and Mutagenesis
Environmental pollution
Kuznets curve
Renewable energy consumption
Natural Resources
Environmental Kuznets Curve
Economics
Ecological footprint
Unit-Root Test
Nonrenewable Energy
Humans
Environmental Chemistry
Renewable Energy
Renewable Energy-Consumption
Economic-Growth
Environmental degradation
Economic growth
Environmental quality
Asymmetric ARDL
Cointegration
business.industry
Co2 Emissions
General Medicine
Carbon Dioxide
Pollution
Natural resource
Environmental Policy
Renewable energy
Ekc Hypothesis
Real Income
Financial Development
Economic Development
Biocapacity
business
Subjects
Details
- ISSN :
- 16147499 and 09441344
- Volume :
- 29
- Database :
- OpenAIRE
- Journal :
- Environmental Science and Pollution Research
- Accession number :
- edsair.doi.dedup.....faab17f27e33973307992c14bd99f0fd