Environmental Quality Management, Journal Year: 2025, Volume and Issue: 34(3)
Published: March 1, 2025
ABSTRACT The material footprint (MFP) is a critical issue due to the pressure on natural resources, environmental degradation, biodiversity loss, and increased greenhouse gas emissions. In existing literature, determinants their impacts MFP of G7 countries have not been sufficiently examined. aim this study analyze effects productivity, energy transition (ET), globalization, economic growth, financial development, population countries. Using annual data from 1983 2021, panel cointegration technique Toda–Yamamoto causality test with Fourier function are applied. results reveal that there significant but variable causal relationships between dependent independent variables specific each country. Panel estimates show renewable energy, positive effect MFP, while square growth negative effect. These findings support validity Environmental Kuznets Curve (EKC) hypothesis in context MFP. Our provides policy recommendations help achieve balance sustainability growth.
Language: Английский