Examining the impacts of economic and demographic aspects on the ecological footprint in South and Southeast Asian countries

Abstract

The re-examination of the existing economic and environmental policies in the South and Southeast Asian countries seems to be necessary, as these countries are struggling to achieve the goals of sustainable development. For designing a long-term environmental policy, we intended to examine whether the selected economic and demographic indicators have influenced the ecological footprint in the eight developing countries of Asia from 1990 to 2015. The use of pooled mean group (PMG) approach allowed driving the long-run common coefficients, which may facilitate us to develop a common policy framework for fortifying the environmental quality. The computed results confirmed that the selected variables are cointegrated in the long run, and the variables, i.e., per capita income, nonrenewable energy usage, urbanization, fertility rate, and population density are observed as the significant drivers of the environmental pollution. Moreover, the consumption of renewable energy restored the environmental quality in these countries. Based on the results, we recommended the need for the diversification of the energy-basket for enhancement of the use of renewable energy resources. Further, through sensitization of the necessity of environmental conservation, the governments should promote less carbon-intense economic and demographic practices across the industries and sectors.