Is Trade Openness Good or Bad for Environment in Pakistan; an ARDL Bounds Testing Approach

DOI

10.2991/icmesd-18.2018.142How to use a DOI?

Keywords

Trade openness, Environmental degradation, Foreign direct investment, ARDL approach.

Abstract

This study explored the relationship between trade openness, foreign direct investment, GDP and environmental quality in Pakistan using time series data for time period of 1971-2016.To examine long-run and short-run association among projected variables, we employed autoregressive distributed lag ARDL-bounds testing approach. The findings of the study confirmed a positive and significant long run association between trade openness, foreign direct investment, and environmental degradation in Pakistan. However, there is no relationship between GDP and environmental quality. Policymakers must consider environmental degradation due to trade openness and FDI; further environmental quality should not be ignored. The government must enforce environmental laws on local and international organizations.

Copyright

© 2018, the Authors. Published by Atlantis Press.

Open Access

This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

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TY  - CONF
AU  - Saima Ashraf Awan
AU  - Muhammad Saeed Meo
AU  - Amogh Ghimire
AU  - Ra-Yan Wu
AU  - Pei-Fen Zhuang
PY  - 2018/05
DA  - 2018/05
TI  - Is Trade Openness Good or Bad for Environment in Pakistan; an ARDL Bounds Testing Approach
BT  - Proceedings of the 4th Annual International Conference on Management, Economics and Social Development (ICMESD 2018)
PB  - Atlantis Press
SP  - 822
EP  - 827
SN  - 2352-5428
UR  - https://doi.org/10.2991/icmesd-18.2018.142
DO  - 10.2991/icmesd-18.2018.142
ID  - Awan2018/05
ER  -