[PDF][PDF] Financial development and environmental quality: empirical evidence for Morocco

J Sekali, M Bouzahzah - International Journal of Energy Economics and …, 2019 - zbw.eu
J Sekali, M Bouzahzah
International Journal of Energy Economics and Policy, 2019zbw.eu
This paper explores the effects of financial development on environmental quality in
Morocco using time series data over the period of 1980-2015 and ARDL modeling
(autoregressive distributive lag model). Here, several variables representing financial
development, economic growth, and energy consumption were explored. The model shows
the existence of a link, though not statistically a significant one, between financial
development and C02 emissions. This said, the government is highly in need to engage a …
Abstract
This paper explores the effects of financial development on environmental quality in Morocco using time series data over the period of 1980-2015 and ARDL modeling (autoregressive distributive lag model). Here, several variables representing financial development, economic growth, and energy consumption were explored. The model shows the existence of a link, though not statistically a significant one, between financial development and C02 emissions. This said, the government is highly in need to engage a development process that promotes a balance between the environmental, economic, and social dimensions.
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