Scholarlink

<p>This study explores the influence of poverty, income inequality, and economic growth (GDP) on the ecological footprint (EFP) in a sample of 18 developed and 18 developing countries from 1990 to 2022. Utilizing advanced second-generation empirical methods including Panel Autoregressive Distributed Lag, Augmented Mean Group, Driscoll Kraay tests, and Method of Moments Quantile Regression. The study finds that in the short term, poverty, income inequality, trade, and foreign direct investment (FDI) are found to increase the ecological footprint, while GDP squared (GDP<sup>2</sup>) correlates negatively with EFP, supporting the Environmental Kuznets Curve hypothesis. In the long run, economic growth, income inequality, and FDI have positive linkage with EFP, whereas poverty, trade, and GDP<sup>2</sup> are negatively associated with EFP. The findings emphasize the need for regionally tailored policy frameworks that provide economic and institutional stability of both developed and developing countries. Developed economies are suggested to have significant investments in research and development for green technologies, implementation of stringent environmental regulations, and leading global efforts to set high environmental standards. Developing nations, on the other hand, should prioritize the adoption of affordable green technologies and strengthen their institutional frameworks to ensure environmental sustainability is integrated into their poverty alleviation strategies. Additionally, both groups are recommended to overhaul their trade and foreign direct investment policies to incorporate robust environmental clauses, thereby supporting sustainable investment practices. These policy recommendations aim to effectively support the attainment of Sustainable Development Goals 1 (No Poverty), 10 (Reduced Inequality), and 8 (Decent Work and Economic Growth), while also contributing to the broader goal of Sustainable Development Goal 13 (Climate Action). This strategic approach is expected to enhance global efforts toward environmental sustainability and equitable economic growth.</p>

错误：搜索内容不能为空，请输入英文关键词
错误：关键词超出字数限制，请精简
高级检索

Socioeconomic determinants of ecological footprints: bridging the gap between developed and developing nations

  • 期刊论文

  • 发表日期：

    2025年3月28日

查看全文
  • Ali Zeb,
  • Niu Shuhai,
  • Obaid Ullah

摘要

This study explores the influence of poverty, income inequality, and economic growth (GDP) on the ecological footprint (EFP) in a sample of 18 developed and 18 developing countries from 1990 to 2022. Utilizing advanced second-generation empirical methods including Panel Autoregressive Distributed Lag, Augmented Mean Group, Driscoll Kraay tests, and Method of Moments Quantile Regression. The study finds that in the short term, poverty, income inequality, trade, and foreign direct investment (FDI) are found to increase the ecological footprint, while GDP squared (GDP2) correlates negatively with EFP, supporting the Environmental Kuznets Curve hypothesis. In the long run, economic growth, income inequality, and FDI have positive linkage with EFP, whereas poverty, trade, and GDP2 are negatively associated with EFP. The findings emphasize the need for regionally tailored policy frameworks that provide economic and institutional stability of both developed and developing countries. Developed economies are suggested to have significant investments in research and development for green technologies, implementation of stringent environmental regulations, and leading global efforts to set high environmental standards. Developing nations, on the other hand, should prioritize the adoption of affordable green technologies and strengthen their institutional frameworks to ensure environmental sustainability is integrated into their poverty alleviation strategies. Additionally, both groups are recommended to overhaul their trade and foreign direct investment policies to incorporate robust environmental clauses, thereby supporting sustainable investment practices. These policy recommendations aim to effectively support the attainment of Sustainable Development Goals 1 (No Poverty), 10 (Reduced Inequality), and 8 (Decent Work and Economic Growth), while also contributing to the broader goal of Sustainable Development Goal 13 (Climate Action). This strategic approach is expected to enhance global efforts toward environmental sustainability and equitable economic growth.