Study on the long-term and short-term effects of globalization and population aging on ecological footprint in OECD countries

被引:53
|
作者
Yang, Xiyue [1 ,2 ]
Li, Nan [1 ,2 ]
Mu, Hailin [1 ,2 ]
Zhang, Ming [3 ]
Pang, Jingru [1 ,2 ]
Ahmad, Mahmood [4 ]
机构
[1] Dalian Univ Technol, Sch Energy & Power, Dalian 116024, Peoples R China
[2] Dalian Univ Technol, Key Lab Ocean Energy Utilizat & Energy Conservat, Dalian 116024, Peoples R China
[3] China Univ Min & Technol, Sch Econ & Management, Xuzhou 221116, Jiangsu, Peoples R China
[4] Univ Int Business & Econ, Sch Int Trade & Econ, Beijing, Peoples R China
基金
中国国家自然科学基金;
关键词
Globalization; Population aging; Ecological footprint; Panel ardl; OECD; CO2; EMISSIONS; CARBON EMISSIONS; ENVIRONMENTAL-QUALITY; ECONOMIC-DEVELOPMENT; ENERGY-CONSUMPTION; IMPACT; GROWTH;
D O I
10.1016/j.ecocom.2021.100946
中图分类号
Q14 [生态学(生物生态学)];
学科分类号
071012 ; 0713 ;
摘要
Population aging has become a global phenomenon. Whereas, the ecological consequences of population aging are rarely addressed in current research. In this context, this study contributes to the existing literature by providing new empirical evidence on how population aging along with globalization, economic growth, energy consumption, natural resource rent, and human capital affect ecological footprint for selected 27 Organization for Economic Cooperation and Development (OECD) countries during 1970-2017. This study utilizes an advanced econometric approach, Pooled Mean Group (PMG) estimator for empirical estimation, that allows heterogeneity in the slope parameters and dependencies across countries. The long-term results disclose that globalization (overall) decreases the ecological footprint. On the other hand, financial and political globalization poses a favorable impact on environmental quality, while economic and social globalization is found to increase environmental degradation. Population aging has a statistically significant negative effect on the ecological footprint, but its non-linear term increases the ecological footprint. Additionally, economic growth, energy consumption, and natural resource rent exacerbate environmental deterioration. In contrast, human capital decreases ecological footprint. Based on the empirical results, important policy implications have been provided.
引用
收藏
页数:12
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