Is Trade Openness Good or Bad for Environment in Pakistan; an ARDL Bounds Testing Approach
- DOI
- 10.2991/icmesd-18.2018.142How to use a DOI?
- Keywords
- Trade openness, Environmental degradation, Foreign direct investment, ARDL approach.
- Abstract
This study explored the relationship between trade openness, foreign direct investment, GDP and environmental quality in Pakistan using time series data for time period of 1971-2016.To examine long-run and short-run association among projected variables, we employed autoregressive distributed lag ARDL-bounds testing approach. The findings of the study confirmed a positive and significant long run association between trade openness, foreign direct investment, and environmental degradation in Pakistan. However, there is no relationship between GDP and environmental quality. Policymakers must consider environmental degradation due to trade openness and FDI; further environmental quality should not be ignored. The government must enforce environmental laws on local and international organizations.
- Copyright
- © 2018, the Authors. Published by Atlantis Press.
- Open Access
- This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).
Cite this article
TY - CONF AU - Saima Ashraf Awan AU - Muhammad Saeed Meo AU - Amogh Ghimire AU - Ra-Yan Wu AU - Pei-Fen Zhuang PY - 2018/05 DA - 2018/05 TI - Is Trade Openness Good or Bad for Environment in Pakistan; an ARDL Bounds Testing Approach BT - Proceedings of the 4th Annual International Conference on Management, Economics and Social Development (ICMESD 2018) PB - Atlantis Press SP - 822 EP - 827 SN - 2352-5428 UR - https://doi.org/10.2991/icmesd-18.2018.142 DO - 10.2991/icmesd-18.2018.142 ID - Awan2018/05 ER -