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 inSustainable development (Bradford, West Yorkshire, England) Vol. 30; no. 4; pp. 595 - 605
Main Authors Ahmed, Zahoor, Ahmad, Mahmood, Rjoub, Husam, Kalugina, Olga A., Hussain, Nazim
Format Journal Article
LanguageEnglish
Published Chichester, UK John Wiley & Sons, Inc 01.08.2022
Wiley Periodicals Inc
Subjects
Online AccessGet full text
ISSN0968-0802
1099-1719
DOI10.1002/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.
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
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  orcidid: 0000-0001-9366-0582
  surname: Ahmed
  fullname: Ahmed, Zahoor
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  surname: Ahmad
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  surname: Rjoub
  fullname: Rjoub, Husam
  organization: Cyprus International University
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  surname: Kalugina
  fullname: Kalugina, Olga A.
  organization: Financial University under the Government of the Russian Federation
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  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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  doi: 10.1080/00036840500392078
– ident: e_1_2_7_10_1
  doi: 10.1007/s11869-019-00711-x
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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
URI https://onlinelibrary.wiley.com/doi/abs/10.1002%2Fsd.2251
https://www.proquest.com/docview/2697566134
Volume 30
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