Linkages Between Ecological Footprint and Macroeconomic Variables in G7 Countries: MMQR Approach

Home Page
About
Submit A Journal
Submit A Conference
Submit Paper/Book
- Submit a Preprint
- Submit a Book
Contact

Sosyoekonomi
Cilt: 33 Sayı: 66
Linkages Between Ecological Footprint and Macroeconomic Variables in G7 Countries: MMQR Approach

Linkages Between Ecological Footprint and Macroeconomic Variables in G7 Countries: MMQR Approach

Authors : Gülbahar Atasever

Pages : 349-372

Doi:10.17233/sosyoekonomi.2025.04.16

View : 46 | Download : 59

Publication Date : 2025-10-21

Article Type : Research Paper

Abstract :This study aims to investigate the dynamic causal links among ecological footprint, economic growth, non-renewable and renewable energy consumption and financial development of G7 countries for the 1990-2020 period. In the long run, FMOLS, DOLS and CCR results show that economic growth and non-renewable energy consumption have a positive effect on the ecological footprint, while renewable energy consumption and financial development have an adverse impact on the ecological footprint. According to the MMQR approach, non-renewable energy consumption has the most potent positive effect on the ecological footprint. The impact of renewable energy consumption on the ecological footprint is negative, but its effect is low. Policymakers should focus on increasing renewable energy investment and enhancing financial sector mechanisms for green financing to reduce the ecological footprint in G7 countries.
Keywords : Ekolojik Ayakizi, Ekonomik Büyüme, Yenilenebilir Enerji, G7 Ülkeleri, Quantile Regresyon Analizi

ORIGINAL ARTICLE URL

* There may have been changes in the journal, article,conference, book, preprint etc. informations. Therefore, it would be appropriate to follow the information on the official page of the source. The information here is shared for informational purposes. IAD is not responsible for incorrect or missing information.