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Assessing the potency of environmental regulation in maintaining environmental sustainability in Mena countries

An advanced panel data estimation

Bibliographic Data

ID12706223
AuthorsJoseph Ayoola Omojolaibi (0000-0002-6075-3800, University of Lagos), Solomon Prince Nathaniel (0000-0001-7623-9526, Department of Economics University of Lagos Akoka Nigeria, corresponding author)
Year2020
Volume22
Issue3
Publication date2020-10-13
Peer ReviewedYes
Open AccessYes
TypeARTICLE
VenueJournal of Public Affairs (JOURNAL)
Journal identifiersISSN: 1472-3891 • E-ISSN: 1479-1854
PublisherWiley (PUBLISHER • GB)
DOI10.1002/pa.2526
OpenAlexW3092964699
LanguageEN
Citations received6
References cited56

Since there is only one planet available for humanity, efforts are being made from different quarters to ensure its sustainability. One of such efforts is the enactment of environmental regulations (ER). The effectiveness of such regulations in mitigating pollution is shrewd in obscurity, especially in developing/emerging economies. This study focuses on the impact of ER, trade, economic growth, and energy consumption on the ecological footprint (EF) in the Middle East and North Africa (MENA) countries using advanced panel data econometric techniques that consider heterogeneity and cross‐sectional dependence. Thus, we applied second‐generation unit root tests to explore the unit root properties of the variables. To examine cointegration between the variables, we apply the Westerlund's (Westerlund, Oxford Bulletin of Economics and Statistics, 2007, 69, 709–748) approach. The empirical results show the presence of cross‐sectional dependence and cointegration between EF and its determinants. Further findings confirm that ER has no significant influence on EF. This suggests that ER in MENA is not yet at a desirable level where it can effectively enhance environmental sustainability. ER contributes to maintaining environmental quality (significantly) only in Bahrain and Israel. Trade, economic growth, and energy consumption increase EF. The causality test reveals that economic growth is actually energy dependent in MENA. The directions for future research have been proposed. The limitations of the study and relevant policy directions are highlighted

Causality (physics · Cointegration · Consumption (sociology · Ecological footprint · Econometrics · Economics · Empirical evidence · Energy consumption · Environmental pollution · Environmental protection · Environmental quality · Geography · Middle East · Panel data · Political science · Public economics · Sustainability · Unit (ring theory · Unit root · Energy, Environment, and Transportation Policies · Energy, Environment, Economic Growth · Environmental Impact and Sustainability · Ecology

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Unique citing works6
Citations per year1,2
Citation span2021 - 2025 (5)
Citation velocityrecent
Highly citedNo
Citation typesNeutral: 6

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