This paper investigates the causal relationship between environmental quality, economic growth and trade in D8 countries by using panel unit root tests and panel cointegration analysis for the period 1970-2011. The results suggest that there is a long-run relationship between these variables. Emissions have a positive long-run relationship with per capita income and trade. Moreover, the results show a unidirectional strong causality from economic growth to environment in these countries. We also find no causality between emissions and trade.
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In-Text Citation: (Karsalari et al., 2014)
To Cite this Article: Karsalari, A. R., Mehrara, M., Musai, M., & Mohammadi, M. (2014). Relationship between Economic Growth, Trade and Environment: Evidence from D8 Countries. International Journal of Academic Research in Accounting Finance and Management Sciences. 4(2), 419 – 428.
Copyright: © 2014 The Author(s)
Published by Human Resource Management Academic Research Society (www.hrmars.com)
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