International Trade and its Impact on CO2 Emission: Empirical Study of Bahrain
Journal Title: International Journal of Academic Research in Business and Social Sciences - Year 2018, Vol 8, Issue 2
Abstract
The objective of this paper is to determine the impact of international trade on environment. Theoretically, international trade raise ambiguities regarding the impact of international trade on environment, specifically in countries like Bahrain. Such kind of countries uses international trade to boosting economic growth. However, international trade may influence the environment. To estimate whether and how international trade influence the environment in Bahrain, this study employs time series data of 26 years. Using ARDL approach we estimated the impact of international trade on environment. Results indicate that in context of Bahrain, international trade significantly influences the environment in the long run. We can say that long run relationship exist among international trade and environment in context of Bahrain. Based upon our findings, it is suggested that an environmental regulation policy should be concerned to eliminate or minimize the environmental impact of international trade. However, the policy should be enforced with adequate consideration. Too strict environmental policy may lead to economic contraction.
Authors and Affiliations
Ali Yunes Merza Amanalla Mohammed
Keywords
Related Articles
- EP ID EP559646
- DOI 10.6007/IJARBSS/v8-i2/3874
- Views 67
- Downloads 0
Prospect of a Flood Micro-Insurance in Malaysia: A Survey of Literatures
There is no insurance policy in Malaysia which exclusively covers flood as a particular product. The reality of flood coverage in insurance is either it comes as a rider in fire insurance policy or as primary coverage in...
Comparative Analysis of Teacher Clinical Experience Guiding Principles in Selected Teacher Training Institutions Around the World
Clinical experience is crucial in developing student teachers’ conception about the teaching profession. They are required to make decisions in specific situations and context hence they need to draw on their beliefs, as...
Parents’ transfer to children: Study on the impact of ‘Pindah Milik Tanah 1 Hari’ (Land transfer ownership in one-day) by the Malaysian Land Office
Parents’ transfer will assist children economic condition, reward their children services and prevent inheritance avoidance. Currently, Malaysia Land Office promotes a program that is known as ‘Pindah Milik Tanah 1 Hari...
The Economic Views of Syeikh Muhammad Arsyad Al-Banjari Regarding Zakat: An Analysis of the Sabil Al-Muhtadin Text
Syeikh Muhammad Arsyad al-Banjari was a renowned Islamic scholar in the Malay Archipelago. He was born in Borneo. According to Sheikh Wan Mohd Shaghir bin Abdullah, Syeikh Muhammad Arsyad al-Banjari was born in the villa...
The Causation of the Financial Statement Manipulation Activities
Nowadays, one of the biggest problems that being face by the financial institution is fraudulent in the business transaction. It is one of the serious problems that causes many companies loses of hundred billion of dolla...