Volume 10, Issue 5 (May 2023), Pages: 120-129

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 Original Research Paper

Impact of GDP growth on the ecological footprint: Theoretical and empirical evidence from Saudi Arabia

 Author(s): 

 Faris Alruweili *

 Affiliation(s):

 Department of Business Management, College of Business, Jouf University, Sakakah, Saudi Arabia

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 * Corresponding Author. 

  Corresponding author's ORCID profile: https://orcid.org/0009-0002-5393-2111

 Digital Object Identifier: 

 https://doi.org/10.21833/ijaas.2023.05.015

 Abstract:

This study aims to examine the hypothesis of the environmental Kuznets curve (EKC) within the context of Saudi Arabia from 1981 to 2017. The ARDL approach is employed to estimate the relationship between ecological footprint, energy consumption, trade openness, and GDP per capita. The findings confirm that GDP per capita, trade openness, and energy consumption positively impact the ecological footprint, and reveal the presence of a feedback relationship between GDP per capita and energy consumption. The results demonstrate the empirical validity of the EKC, indicating an inverted U-shaped relationship between GDP and ecological footprint. Consequently, as Saudi Arabia's level of economic growth advances, its environmental conditions tend to improve. To further reduce the ecological footprint, Saudi Arabia is urged to substantially increase its utilization of renewable energy sources and implement a more efficient energy policy.

 © 2023 The Authors. Published by IASE.

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

 Keywords: ARDL, Ecological footprint, Economy growth

 Article History: Received 5 October 2022, Received in revised form 8 March 2023, Accepted 19 March 2023

 Acknowledgment 

No Acknowledgment.

 Compliance with ethical standards

 Conflict of interest: The author(s) declared no potential conflicts of interest with respect to the research, authorship, and/or publication of this article.

 Citation:

 Alruweili F (2023). Impact of GDP growth on the ecological footprint: Theoretical and empirical evidence from Saudi Arabia. International Journal of Advanced and Applied Sciences, 10(5): 120-129

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 Figures

 Fig. 1 Fig. 2

 Tables

 Table 1 Table 2 Table 3 Table 4 Table 5 Table 6

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