Abstract:

Human activities are responsible for a major portion of global climate change and environmental degradation. As a result, in order to maintain and promote the global future and social welfare of humans, it is vital to lessen the ecological footprint. Despite changes in economic structures having an impact on environmental quality, this issue has received insufficient attention. For this purpose, the effects of the structural transformation in the economic models of the E7 countries on the ecological footprint were examined. Panel data from 1992 to 2017 were used in this study. The homogeneity test, Durbin-Hausman cointegration test, and cointegration test with structural break were used to test the relationship between the data. The AMG estimator and CCE-MG method were used to calculate long-run cointegration coefficients. The cointegration tests revealed that the series behave in harmony, indicating that they are cointegrated over time. The long-term coefficients show that structural change in E7 countries promotes sustainable development by reducing the ecological footprint