How Do Consuming Alternative Energy Sources and Remittance Inflows Impact Egypt’s Ecological Footprint?
Yükleniyor...
Tarih
2022
Yazarlar
Dergi Başlığı
Dergi ISSN
Cilt Başlığı
Yayıncı
Beykent Üniversitesi Sosyal Bilimler Dergisi
Erişim Hakkı
Özet
This research examines how the determinants of environmental degradation -including (combustible and non-combustible) alternative energy consumption and remittance inflows- impact Egypt’s ecological footprint for the 1977-2014 period. After confirming the co-integration among the selected variables, the short-run and the long-run coefficients are estimated by the autoregressive distributed lag method. The long-term findings indicate that the environmental Kuznets curve hypothesis is not accepted for Egypt, as income has a U-shape impact on ecological footprint. Moreover, fossil-fuel consumption and financial development worsen ecological footprint in the long-run. In addition, while non-combustible alternative energy utilization does not significantly impact ecological footprint in Egypt, combustible alternative energy usage and trade globalization decrease it in the long-run. The results further reveal that remittance inflows to Egypt increase ecological footprint in both the short-run and the long-run. Pursuant to the findings, some policy conclusions and suggestions are propounded.
Açıklama
Anahtar Kelimeler
Ecological Footprint, Alternative Energy Consumption, Remittance Inflows, Time Series Analysis, egypt
