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Idolization and ramification between globalization and ecological footprints: evidence from quantile-on-quantile
Arshian Sharif1, Sahar Afshan2,3, Muhammad Asif Qureshi4
1Othman Yeop Abdullah Graduate School of Business, Universiti Utara Malaysia, Sintok, Malaysia. arshian.aslam@gmail.com.
Environmental Science and Pollution Research International
|February 24, 2019
Summary
Globalization significantly impacts environmental quality, with effects varying by country. This study reveals a long-term positive link between globalization and ecological footprints in some nations, and a negative link in others.
Area of Science:
- Environmental Science
- Economics
- International Relations
Background:
- Globalization influences various global aspects, including environmental quality, a key concern for trade and environmental policies.
- Growing interest exists in understanding the dynamic relationship between globalization and environmental performance.
Purpose of the Study:
- To investigate the critical link between globalization and ecological footprints.
- To analyze this relationship in the 15 most globalized countries from 1970 to 2016.
Main Methods:
- Utilized quantile-on-quantile regression (QQ) and Granger causality in quantiles.
- Examined how different quantiles of globalization affect quantiles of ecological footprints, and vice versa.
Main Results:
- A long-term positive effect of globalization on ecological footprint was found in Belgium, the Netherlands, Sweden, Switzerland, Denmark, Norway, Canada, and Portugal.
- A negative effect between globalization and ecological footprint was observed in France, Germany, the UK, and Hungary.
Conclusions:
- The magnitude of the globalization-environment relationship varies significantly across countries.
- Country-specific analyses are crucial for effective environmental and trade policy development.
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