THE LONG-RUN ENVIRONMENTAL EFFECT OF AQUACULTURE AND FOOD TRADE IN EGYPT

Review of Agricultural and Applied Economics, RAAE, VOL.23, No. 2/2020

ARTICLE TYPE: REGULAR ARTICLE
MANUSCRIPT RECEIVED: 08.01.2020
MANUSCRIPT REVISED: 15.05.2020
MANUSCRIPT ACCEPTED: 15.05.2020
RECORD ONLINE: 16.05.2020
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KEYWORDS:
Aquaculture; Carbon dioxide; Deforestation; Environmental quality; Food trade
DOI NUMBER:
10.15414/raae.2020.23.02.21-35
ABSTRACT:
This research analyses the effects of aquaculture and food trade on the environmental quality in Egypt within the Environmental Kuznets Curve (EKC) Hypothesis. Using an annual time series data from 1971-2014 and employing the fully modified ordinary least squares and the Autoregressive distributed lag techniques, the study finds that the EKC hypothesis holds for carbon dioxide emission and economic growth while there is a U-shape relationship between deforestation and economic growth. Also, livestock production increases carbon dioxide emission and deforestation; urbanization reduces carbon emission and cereal production reduces carbon emission but increases deforestation. Aquaculture has a positive effect on carbon emission but reduces deforestation and food import is seen to reduce carbon emission. These findings were confirmed by results from variance decomposition effect and impulse response analyses. The outcome implies that addressing environmental degradation through these variables cannot be a ‘one-size fit all’ approach. Instead, the approach must be considered based on the primary environmental cost a particular policy seeks to address. Among others, it is recommended that there is the need for Egyptian government to adopt comparative and/or competitive advantage food trade policies in order to solidify the carbon reducing effect of food import.
JEL CODES:
F18; F64; O13; O44; P18; Q22; Q53
PAGES:
21 - 35
Please Cite this Article as:

Paul Adjei KWAKWA, Hamdiyah ALHASSAN, William ADZAWLA (2020) The Long-run Environmental Effect Of Aquaculture And Food Trade In Egypt. Review of Agricultural and Applied Economics. XXIII (Number 2, 2020): 21-35. doi: 10.15414/raae.2020.23.02.21-35
URL for sharing:

https://roaae.org/1336-9261/doi/abs/10.15414/raae.2020.23.02.21-35

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Review of Agricultural and Applied Economics | ISSN 1336-9261
Faculty of Economics and Management of the Slovak Agricultural University in Nitra and the Association of Agricultural Economists in Slovakia.
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