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332040

Investigating the relationship between economic growth and ecological footprint in Egypt

Article

Last updated: 29 Dec 2024

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Abstract

The paper aims to investigate the relationship between Economic growth and Ecological footprint in Egypt for a time series from 1971-2022. The study adopts unit root tests, granger causality tests and autoregressive distributed lag (ARDL) tests to analyze the relationship between six variables, Ecological Footprint measured by (gha), Economic growth measured by GDP (current US$), Total natural resources rents measured by (% of GDP), Gross capital formation as  a% of GDP, Inflation measured by GDP deflator, unemployment measured by total (%of total labor force) National Estimate.
Main findings; GDP has a significant and positive relationship to the ecological footprint in the long and short run, which means if the GDP of Egypt increases by (0.61%) the ecological footprint will increase by (1%) in the short run. Natural resources rent has a significant negative relationship with Ecological footprint in the short run and a significant positive relationship in the long run. Gross capital formation has an insignificant relationship to Ecological footprint in the short run, whereas it has a significant positive relationship to Ecological footprint in the long run. Both unemployment and Inflation, have an insignificant relationship to ecological footprint in the short run, and only Unemployment has a significant negative relationship to Ecological footprint in the long run. Egypt can achieve economic growth without depleting the environment in both the long and short run by letting both the private sector and government develop and implement technology that decreases pollution while permitting continuous economic expansion, aided by public policies that range from command-and-control restrictions to direct and indirect government subsidies.

DOI

10.21608/msamsj.2023.257398.1047

Keywords

Ecological footprint - Economic Growth, Egypt- ARDL

Authors

First Name

AMR

Last Name

EISSA

MiddleName

ABDELMEGUID EDRIS

Affiliation

Department of Economics - Faculty of Management Sciences - October University for Modern Sciences and Arts (MSA)

Email

aedrees@msa.edu.eg

City

-

Orcid

0000-0002-3882-6807

Volume

2

Article Issue

3

Related Issue

42575

Issue Date

2023-08-01

Receive Date

2023-12-22

Publish Date

2023-08-01

Page Start

122

Page End

145

Print ISSN

2974-3028

Online ISSN

2974-3036

Link

https://msamsj.journals.ekb.eg/article_332040.html

Detail API

https://msamsj.journals.ekb.eg/service?article_code=332040

Order

332,040

Type

Original Article

Type Code

2,535

Publication Type

Journal

Publication Title

MSA-Management Sciences Journal

Publication Link

https://msamsj.journals.ekb.eg/

MainTitle

Investigating the relationship between economic growth and ecological footprint in Egypt

Details

Type

Article

Created At

29 Dec 2024