Economic growth, renewable energy consumption, and ecological footprint: Exploring the role of environmental regulations and democracy in sustainable development

Ahmed Z., Ahmad M., Rjoub H., Kalugina O. A., Hussain N.

Sustainable Development, vol.30, no.4, pp.595-605, 2022 (SSCI, Scopus) identifier

  • Nəşrin Növü: Article / Article
  • Cild: 30 Say: 4
  • Nəşr tarixi: 2022
  • Doi nömrəsi: 10.1002/sd.2251
  • jurnalın adı: Sustainable Development
  • Jurnalın baxıldığı indekslər: Social Sciences Citation Index (SSCI), Scopus, IBZ Online, International Bibliography of Social Sciences, PASCAL, ABI/INFORM, Aqualine, Aquatic Science & Fisheries Abstracts (ASFA), Business Source Elite, Business Source Premier, CAB Abstracts, Environment Index, Geobase, Greenfile, Index Islamicus, PAIS International, Political Science Complete, Pollution Abstracts, Public Affairs Index, Sociological abstracts, Veterinary Science Database, Worldwide Political Science Abstracts, Civil Engineering Abstracts
  • Səhifə sayı: pp.595-605
  • Açar sözlər: democracy, economic growth, environmental policy, environmental regulations, environmental sustainability, G7 countries, renewable energy, sustainable development
  • Açıq Arxiv Kolleksiyası: Məqalə
  • Adres: Yox

Qısa məlumat

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.