The Role of Globalization, Economic Growth and Natural Resources on the Ecological Footprint in Thailand: Evidence from Nonlinear Causal Estimations

Processes

Zdzisława Dacko-Pikiewicz¹  Katarzyna Szczepańska-Woszczyna¹  Fakarudin Kamarudin²  Muhammad Haseeb³  Hafezali Iqbal Hussain³ 

[1] Department of Management, Faculty of Applied Sciences, WSB University, 41-300 Dabrowa Górnicza, Poland;School of Business and Economics, Universiti Putra Malaysia, Serdang 43400, Malaysia;Taylor’s Business School, Taylor’s University Lakeside Campus, 1 Jalan Taylors, Subang Jaya 47500, Malaysia;

关键词: globalization;    economic growth;    natural resources;    ecological footprint;    environmental Kuznets curve;    Thailand;   

DOI  :  10.3390/pr9071103

来源: DOAJ

【 摘 要 】

The environmental issue has become a global problem that needs to be examined frequently, motivating researchers to investigate it. Thus, the present study has investigated the asymmetric impact of globalization, economic growth and natural resources on the ecological footprint in the presence of environmental Kuznets curve (EKC) in Thailand. The study has used annual time series data from 1970 to 2018. The study applied a novel method of nonlinear autoregressive distributive lag (ARDL). In particular, the current study has investigated the effect of positive and negative shocks on the independent variable on the dependent variable. The findings have confirmed that the effect of globalization and natural resources are significant and nonlinear. However, the effect of negative shocks of globalization and natural resources is more dominant on the ecological footprint in Thailand than the positive shocks of both variables. Moreover, the present study has also tested the presence of EKC in Thailand, and the findings confirm the presence of an inverted U-shape curve in the Thailand economy.

【 授权许可】

Unknown