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Does External Debt Worsen Environmental Pollution? Evidence from Morocco
2023
Journal:  
International Journal of Energy Economics and Policy
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Abstract Morocco’s new development model report published in 2021 offers a renewed vision of the country's economic emergence strategy. It advocates an economic growth model that respects the environment and takes into consideration climate change challenges while promoting external debt, as one of the main economic instruments to achieve this new development pathway. This study investigates the empirical relationship between external debt and carbon dioxide emissions as an indicator of environmental pollution through the environmental Kuznets theory. As Morocco has a growing external debt and relies mainly on fossil fuels, the purpose is to analyze the long-term and short-term effect of external debt on carbon dioxide emissions using an ARDL model over the period 1984-2018. The time series data was collected from World Bank. The core findings of the study confirm the existence of inverted U-shaped Kuznets curve, they also reveal that external debt has a significant negative effect on carbon dioxide emissions in Morocco.  Downloads Download data is not yet available. Author Biography Ahlam Qafas, Ibn Tofail University, Kenitra, Morocco Professor  Downloads FULL TEXT Published 2023-03-24 How to Cite Bachegour, H., & Qafas, A. (2023). Does External Debt Worsen Environmental Pollution? Evidence from Morocco. International Journal of Energy Economics and Policy, 13(2), 68–76. https://doi.org/10.32479/ijeep.13944 More Citation Formats ACM ACS APA ABNT Chicago Harvard IEEE MLA Turabian Vancouver Download Citation Endnote/Zotero/Mendeley (RIS) BibTeX Issue Vol. 13 No. 2 (2023) Section Articles License Submission of an article implies that the work described has not been published previously , that it is not under consideration for publication elsewhere, that its publication is approved by all authors and tacitly or explicitly by the responsible authorities where the work was carried out, and that, if accepted, will not be published elsewhere in the same form, without the written consent of the Publisher. The Editors reserve the right to edit or otherwise alter all contributions, but authors will receive proofs for approval before publication. Make a Submission Make a Submission Dergi Kapağı

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International Journal of Energy Economics and Policy

Field :   Sosyal, Beşeri ve İdari Bilimler

Journal Type :   Uluslararası

Metrics
Article : 2.578
Cite : 3.989
2023 Impact : 0.22
International Journal of Energy Economics and Policy