Financial Development and Environmental Quality: Empirical Evidence for Morocco
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AbstractThis 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.Keywords: financial development, C02 emissions, environmental performance, Autoregressive Distributed Lag Model.JEL Classification: C32, Q43DOI: https://doi.org/10.32479/ijeep.7266
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How to Cite
Sekali, J., & Bouzahzah, M. (2019). Financial Development and Environmental Quality: Empirical Evidence for Morocco. International Journal of Energy Economics and Policy, 9(2), 67–74. Retrieved from https://www.econjournals.com/index.php/ijeep/article/view/7266