Affiliation:
1. International Islamic University Islamabad, Pakistan
Abstract
This study explores the combined effect of some macroeconomic variables on Pakistan’s economic growth from 1970 to 2022 in the presence of the Environmental Kuznets Curve. The results indicate that energy usage significantly affects carbon dioxide (CO2) emissions, while industrialization, exports and financial development negatively affect CO2 emissions. Financial development, energy consumption, CO2 emissions and industrialization have a positive correlation with economic growth. Exports, however, has a negative correlation with economic growth.
Publisher
Asia-Pacific Applied Economics Association
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