Rule of Law and Environment Nexus in Saudi Arabia

Authors

  • Haider Mahmood Associate Professor, Department of Finance, College of Business Administration, Prince Sattam Bin Abdulaziz university, Alkharj, Saudi Arabia. http://orcid.org/0000-0002-6474-4338
  • Awad Ali Alanzi Assistant Professor, Department of Law, College of Business Administration, Prince Sattam Bin Abdulaziz university, Alkharj, Saudi Arabia.

Abstract

The environmental quality of any country is heavily depending on the rule of law. The Saudi government targets and achieves many transformations to reduce the fossil energy and to shift to cleaner production. To achieve a cleaner environment, the law and order is very important factor. Therefore, we scrutinize the role of rule of law on the CO2 emissions of Saudi Arabia using the period 1996-2014. We found that the rule of law has a negative effect on the CO2 emissions of Saudi Arabia and energy consumption has a positive effect. However, we corroborated the insignificant effects of income. We refer the Saudi legal authorities to further improve the rule of law in the country as it has significant positive environmental contribution by reducing CO2 emissions.    

Keywords: CO2 emissions, Rule of Law, Income, Energy Consumption

JEL Classifications:  Q53, P48, E01, K32

DOI: https://doi.org/10.32479/ijeep.9349

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Author Biographies

Haider Mahmood, Associate Professor, Department of Finance, College of Business Administration, Prince Sattam Bin Abdulaziz university, Alkharj, Saudi Arabia.

Associate Professor, Department of Finance, College of Business Administration, Prince Sattam Bin Abdulaziz  university, Alkharj, Saudi Arabia.

Awad Ali Alanzi, Assistant Professor, Department of Law, College of Business Administration, Prince Sattam Bin Abdulaziz university, Alkharj, Saudi Arabia.

Assistant Professor, Department of Law,  College of Business Administration, Prince Sattam Bin Abdulaziz  university, Alkharj, Saudi Arabia.

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Published

2020-08-10

How to Cite

Mahmood, H., & Alanzi, A. A. (2020). Rule of Law and Environment Nexus in Saudi Arabia. International Journal of Energy Economics and Policy, 10(5), 7–12. Retrieved from https://www.econjournals.com/index.php/ijeep/article/view/9349

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