Economic growth, renewable energy consumption, and ecological footprint: Exploring the role of environmental regulations and democracy in sustainable development
Countries enact environmental regulations to achieve sustainable development and ecological sustainability. However, environmental regulations do not guarantee environmental sustainability unless implemented efficiently. Furthermore, political institutions play a key role in the formulation and mana...
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Published in | Sustainable development (Bradford, West Yorkshire, England) Vol. 30; no. 4; pp. 595 - 605 |
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Main Authors | , , , , |
Format | Journal Article |
Language | English |
Published |
Chichester, UK
John Wiley & Sons, Inc
01.08.2022
Wiley Periodicals Inc |
Subjects | |
Online Access | Get full text |
ISSN | 0968-0802 1099-1719 |
DOI | 10.1002/sd.2251 |
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Abstract | Countries enact environmental regulations to achieve sustainable development and ecological sustainability. However, environmental regulations do not guarantee environmental sustainability unless implemented efficiently. Furthermore, political institutions play a key role in the formulation and management of environmental regulations. This research examines the relationship between democracy, environmental regulations, economic growth, and ecological footprint (EF) in the panel of G7 nations from 1985 to 2017. Second generation econometric techniques are used to analyze the data. The empirical evidence indicates that economic growth enhances EF while democracy and environmental regulations positively contribute to ecological sustainability by reducing EF. The causal outcomes reveal that democracy Granger causes EF and renewable energy indicating that democracy curbs environmental degradation and stimulates the share of renewables. Further, democracy and environmental regulations Granger cause each other. Lastly, the implication of these findings for sustainable development and ecological sustainability are discussed. |
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AbstractList | Countries enact environmental regulations to achieve sustainable development and ecological sustainability. However, environmental regulations do not guarantee environmental sustainability unless implemented efficiently. Furthermore, political institutions play a key role in the formulation and management of environmental regulations. This research examines the relationship between democracy, environmental regulations, economic growth, and ecological footprint (EF) in the panel of G7 nations from 1985 to 2017. Second generation econometric techniques are used to analyze the data. The empirical evidence indicates that economic growth enhances EF while democracy and environmental regulations positively contribute to ecological sustainability by reducing EF. The causal outcomes reveal that democracy Granger causes EF and renewable energy indicating that democracy curbs environmental degradation and stimulates the share of renewables. Further, democracy and environmental regulations Granger cause each other. Lastly, the implication of these findings for sustainable development and ecological sustainability are discussed. |
Author | Kalugina, Olga A. Ahmed, Zahoor Hussain, Nazim Ahmad, Mahmood Rjoub, Husam |
Author_xml | – sequence: 1 givenname: Zahoor orcidid: 0000-0001-9366-0582 surname: Ahmed fullname: Ahmed, Zahoor organization: ILMA University – sequence: 2 givenname: Mahmood orcidid: 0000-0002-9974-0150 surname: Ahmad fullname: Ahmad, Mahmood email: mahmood@sdut.edu.cn organization: Shandong University of Technology – sequence: 3 givenname: Husam surname: Rjoub fullname: Rjoub, Husam organization: Cyprus International University – sequence: 4 givenname: Olga A. surname: Kalugina fullname: Kalugina, Olga A. organization: Financial University under the Government of the Russian Federation – sequence: 5 givenname: Nazim orcidid: 0000-0003-2873-5001 surname: Hussain fullname: Hussain, Nazim email: n.hussain@rug.nl organization: University of Groningen |
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Snippet | Countries enact environmental regulations to achieve sustainable development and ecological sustainability. However, environmental regulations do not guarantee... |
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SubjectTerms | Alternative energy Democracy Ecological effects Ecological footprint Ecology Economic analysis Economic development Economic growth Economics Empirical analysis Energy consumption Environmental degradation Environmental management environmental policy Environmental regulations environmental sustainability Footprint analysis G7 countries Political institutions Regulation Regulations Renewable energy Resource management Second generation Sustainability Sustainable development |
Title | Economic growth, renewable energy consumption, and ecological footprint: Exploring the role of environmental regulations and democracy in sustainable development |
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