Impact of GDP growth on the ecological footprint: Theoretical and empirical evidence from Saudi Arabia

Alruweili, Faris

doi:10.21833/ijaas.2023.05.015

Cited by 4 publications

(1 citation statement)

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“…From my perspective, achieving economic growth without depleting the environment can be accomplished through technological advancements that reduce pollution, accompanied by public policies ranging from restrictions to subsidies (Acar et al, 2023;Alruweili, 2023;Boukhelkhal, 2022;Chen et al, 2023;Gülmez et al, 2020;Hassan et al, 2019).…”

Section: Conclusion and Discussionmentioning

confidence: 99%

Investigating the relationship between economic growth and ecological footprint in Egypt

EISSA

2023

MSA-Management Sciences Journal

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The paper aims to investigate the relationship between Economic growth and Ecological footprint in Egypt for a time series from 1971-2022. The study adopts unit root tests, granger causality tests and autoregressive distributed lag (ARDL) tests to analyze the relationship between six variables, Ecological Footprint measured by (gha), Economic growth measured by GDP (current US$), Total natural resources rents measured by (% of GDP), Gross capital formation as a% of GDP, Inflation measured by GDP deflator, unemployment measured by total (%of total labor force) National Estimate.Main findings; GDP has a significant and positive relationship to the ecological footprint in the long and short run, which means if the GDP of Egypt increases by (0.61%) the ecological footprint will increase by (1%) in the short run. Natural resources rent has a significant negative relationship with Ecological footprint in the short run and a significant positive relationship in the long run. Gross capital formation has an insignificant relationship to Ecological footprint in the short run, whereas it has a significant positive relationship to Ecological footprint in the long run. Both unemployment and Inflation, have an insignificant relationship to ecological footprint in the short run, and only Unemployment has a significant negative relationship to Ecological footprint in the long run. Egypt can achieve economic growth without depleting the environment in both the long and short run by letting both the private sector and government develop and implement technology that decreases pollution while permitting continuous economic expansion, aided by public policies that range from commandand-control restrictions to direct and indirect government subsidies.

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Section: Conclusion and Discussionmentioning

confidence: 99%

Investigating the relationship between economic growth and ecological footprint in Egypt

EISSA

2023

MSA-Management Sciences Journal

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Assessing the Dynamics of Ecological Footprint in Relation to Economic and Energy Factors: A Comparative Analysis of Finland and Japan

Oprea,

Bâra,

Georgescu

2024

J Knowl Econ

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The ecological footprint (EF) has a complex relationship with several key factors, including economic growth, nuclear energy, urban population, and renewables. The scope of this paper is to analyze the effect of renewables (REN), GDP per capita, urbanization (URB), and nuclear energy (NUK) on EF by means of the ARDL model for Finland and Japan. The ARDL long-run estimated coefficients are validated by supplementary tests, such as FMOLS, DOLS, and CCR. While Finland and Japan share similarities in education, technology, and quality of life, they differ significantly in geography, population density, cultural practices, economic structure, and historical backgrounds. The main results indicate that in the long term, REN and NUK exhibit a negative impact on EF, while GDP and URB exhibit a positive impact on EF for Finland. Additionally, REN, URB, and NUK exert a negative impact on EF, while GDP exerts a positive impact on EF for Japan. The ECT of − 1.96 for Finland indicates a very fast and strong correction towards equilibrium in the EF following any short-term disturbances. Furthermore, an ECT of − 1.01 in the ARDL model for Japan indicates a very fast adjustment of the EF to its long-term equilibrium following any short-term disturbances caused by changes in REN, GDP, URB, or NUK. Our research proposes some policy implications for both economies. Its main contributions enhance the understanding of the complex relationships between economic growth, energy sources, urbanization, and environmental impact, providing guidance for sustainable development policies.

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Portrait of the Decarbonization and Renewables Penetration in Oman’s Energy Mix, Motivated by Oman’s National Green Hydrogen Plan

Marzouk

2024

Energies

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The aim of this study is to quantitatively describe the anticipated change in the energy mix of the Sultanate of Oman (Oman) as the country moves forward in its national plan for green hydrogen, in order to become a global producer and exporter. This aim is achieved by curating recent data about energy projects in Oman that are either operating or planned (in a construction or pre-construction stage). Then, these data are processed further to extract useful insights about how the energy mix would change if the planned projects are realized and added to the operating ones. This reveals the serious commitment of the country to accomplish its national plan for green hydrogen (GH), where the green hydrogen production ambition for 2030 is about 1.125 million tons per annum (Mtpa), using a renewable energy capacity of approximately 18 GW. This ambition increases to about 3.5 Mtpa with approximately 70 GW of renewables in 2040, and increases further to about 8 Mtpa with approximately 180 GW of renewables in 2050. As a portrait of Oman’s energy mix with the assumption of successfully completing all planned energy projects, we found that the country is expected to have a total capacity of 83.1271 GW, with the share of renewables (solar and wind) reaching 83.133% (as compared to 15.0711 GW with an 8.907% renewables share for operating projects). Nearly all (precisely 99.571%) of the 68.0560 GW planned national energy capacity additions are based on solar or wind energy, while the traditional oil–gas energy is gradually phased out. Green hydrogen production dominates this surge in renewables penetration within the Omani energy mix, with 84.659% of the planned 34.3140 GW solar capacity additions linked with green hydrogen production, for operating water electrolyzers. Similarly, 98.804% of the planned 33.4500 GW wind capacity additions are linked with green hydrogen production.

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Impact of GDP growth on the ecological footprint: Theoretical and empirical evidence from Saudi Arabia

Cited by 4 publications

References 50 publications

Investigating the relationship between economic growth and ecological footprint in Egypt

Investigating the relationship between economic growth and ecological footprint in Egypt

Assessing the Dynamics of Ecological Footprint in Relation to Economic and Energy Factors: A Comparative Analysis of Finland and Japan

Portrait of the Decarbonization and Renewables Penetration in Oman’s Energy Mix, Motivated by Oman’s National Green Hydrogen Plan

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