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The role of globalization, economic growth and natural resources on the ecological footprint in Thailand: evidence from nonlinear causal estimations

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 en...

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Main Authors: Hussain, Hafezali Iqbal, Haseeb, Muhammad, Kamarudin, Fakarudin, Dacko-Pikiewicz, Zdzisława, Szczepańska-Woszczyna, Katarzyna
Format: Article
Language:English
Published: MDPI AG 2021
Online Access:http://psasir.upm.edu.my/id/eprint/95615/1/The%20role%20of%20globalization%2C%20economic%20growth%20and%20natural%20resources%20on%20the%20ecological%20footprint%20in%20Thailand%3B%20evidence%20from%20nonlinear%20causal%20estimations.pdf
http://psasir.upm.edu.my/id/eprint/95615/
https://www.mdpi.com/2227-9717/9/7/1103/htm
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spelling my.upm.eprints.956152022-08-02T06:58:20Z http://psasir.upm.edu.my/id/eprint/95615/ The role of globalization, economic growth and natural resources on the ecological footprint in Thailand: evidence from nonlinear causal estimations Hussain, Hafezali Iqbal Haseeb, Muhammad Kamarudin, Fakarudin Dacko-Pikiewicz, Zdzisława Szczepańska-Woszczyna, Katarzyna 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. MDPI AG 2021-06 Article PeerReviewed text en http://psasir.upm.edu.my/id/eprint/95615/1/The%20role%20of%20globalization%2C%20economic%20growth%20and%20natural%20resources%20on%20the%20ecological%20footprint%20in%20Thailand%3B%20evidence%20from%20nonlinear%20causal%20estimations.pdf Hussain, Hafezali Iqbal and Haseeb, Muhammad and Kamarudin, Fakarudin and Dacko-Pikiewicz, Zdzisława and Szczepańska-Woszczyna, Katarzyna (2021) The role of globalization, economic growth and natural resources on the ecological footprint in Thailand: evidence from nonlinear causal estimations. Processes, 9 (7). art. no. 1103. pp. 1-14. ISSN 2227-9717 https://www.mdpi.com/2227-9717/9/7/1103/htm 10.3390/pr9071103
institution Universiti Putra Malaysia
building UPM Library
collection Institutional Repository
continent Asia
country Malaysia
content_provider Universiti Putra Malaysia
content_source UPM Institutional Repository
url_provider http://psasir.upm.edu.my/
language English
description 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.
format Article
author Hussain, Hafezali Iqbal
Haseeb, Muhammad
Kamarudin, Fakarudin
Dacko-Pikiewicz, Zdzisława
Szczepańska-Woszczyna, Katarzyna
spellingShingle Hussain, Hafezali Iqbal
Haseeb, Muhammad
Kamarudin, Fakarudin
Dacko-Pikiewicz, Zdzisława
Szczepańska-Woszczyna, Katarzyna
The role of globalization, economic growth and natural resources on the ecological footprint in Thailand: evidence from nonlinear causal estimations
author_facet Hussain, Hafezali Iqbal
Haseeb, Muhammad
Kamarudin, Fakarudin
Dacko-Pikiewicz, Zdzisława
Szczepańska-Woszczyna, Katarzyna
author_sort Hussain, Hafezali Iqbal
title The role of globalization, economic growth and natural resources on the ecological footprint in Thailand: evidence from nonlinear causal estimations
title_short The role of globalization, economic growth and natural resources on the ecological footprint in Thailand: evidence from nonlinear causal estimations
title_full The role of globalization, economic growth and natural resources on the ecological footprint in Thailand: evidence from nonlinear causal estimations
title_fullStr The role of globalization, economic growth and natural resources on the ecological footprint in Thailand: evidence from nonlinear causal estimations
title_full_unstemmed The role of globalization, economic growth and natural resources on the ecological footprint in Thailand: evidence from nonlinear causal estimations
title_sort role of globalization, economic growth and natural resources on the ecological footprint in thailand: evidence from nonlinear causal estimations
publisher MDPI AG
publishDate 2021
url http://psasir.upm.edu.my/id/eprint/95615/1/The%20role%20of%20globalization%2C%20economic%20growth%20and%20natural%20resources%20on%20the%20ecological%20footprint%20in%20Thailand%3B%20evidence%20from%20nonlinear%20causal%20estimations.pdf
http://psasir.upm.edu.my/id/eprint/95615/
https://www.mdpi.com/2227-9717/9/7/1103/htm
_version_ 1740827324800040960
score 13.211869

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