The Impact of Financial Development, Tourism, Population Density and Political Stability on Environmental Degradation in Case of Pakistan
Publish place: International Journal of Management, Accounting and Economics (IJMAE)، Vol: 6، Issue: 10
Publish Year: 1398
نوع سند: مقاله ژورنالی
زبان: English
View: 78
This Paper With 21 Page And PDF Format Ready To Download
- Certificate
- من نویسنده این مقاله هستم
استخراج به نرم افزارهای پژوهشی:
شناسه ملی سند علمی:
JR_IJMAE-6-10_002
تاریخ نمایه سازی: 10 آبان 1402
Abstract:
This study examined the impact of financial development, tourism, population density and political stability on environmental degradation in Pakistan over the time ۱۹۸۶-۲۰۱۷. Data of these variables is taken from World Development Indicator (WDI), World Tourism Organization (WTO), International country risk guide (ICRG) database and federal bureau of Statistics of Pakistan. To investigate the findings, three separate models are constructed by using three different indicators of financial development. Firstly, Co-Integration among variables is confirmed through Bound test of Co-Integration. The result of this test reveals that co-integration among all the variables exists in the long run. Auto Regressive Distributed Lag (ARDL) technique is used to examine short run and long run estimates. Findings of the study concluded that in all the models financial development has considerable positive relationship with CO۲ related pollution in the long run while in the short run results depend on which dimension of financial development is used. As, M۲ has significantly negative impact on environmental degradation whereas, Population density has negatively significant role in explaining carbon dioxide emissions in the long run but it is positive and inconsequential in the short run. Tourism has negative and significant effect on environmental deterioration in case of Political stability has statistically significant and inverse relationship with CO۲ emissions both in short and long run. These outcomes may also become fruitful for Government regarding decision making. The result recommends that Government should try to focus on financial development, tourism sector and political stability more keenly. Government should impose some restrictions on financial sector as, loans and finance should only be given for productive and environment friendly projects. Taxes should be imposed on most visited tourist’ places. Awareness among people regarding depreciation of environment should be promoted by different activities or programs conducted by Government.
Keywords:
Authors
Amna Rasheed
Department of Economics, The Superior College Lahore, Pakistan
Farzana Kousar
Department of Economics, The Superior College Lahore, Pakistan
Aiza Shabbir
Department of Economics, The Superior College Lahore, Pakistan
مراجع و منابع این Paper:
لیست زیر مراجع و منابع استفاده شده در این Paper را نمایش می دهد. این مراجع به صورت کاملا ماشینی و بر اساس هوش مصنوعی استخراج شده اند و لذا ممکن است دارای اشکالاتی باشند که به مرور زمان دقت استخراج این محتوا افزایش می یابد. مراجعی که مقالات مربوط به آنها در سیویلیکا نمایه شده و پیدا شده اند، به خود Paper لینک شده اند :