Research on the Interaction Effect of Ecological Footprint and Industry Growth
The ecological environment provides the material basis and contamination bearing for industrial economic development,while the industrial economic development also had an impact on the ecological environment,which is called the ecological footprint.Previous studies are more concerned about the static contact between the two,and they did not take into account the pulse or delayed effects.This study uses the impulse response function and variance decomposition to describe the dynamic effects between ecological footprint per capita of Jiangsu Province and industrial development.The results show that fluctuations in the first phase of industrial development will be affected by fluctuations in itself,while the effect of ecological footprint on industrial development will be revealed in the second period.After that,it will be stabilizing.Meanwhile,ecological footprint from the first phase will be affected by its own volatility and industrial development impact,and the impact by industrial development in the first period is weak,thereafter it shows an overall upward trend and then become stabilized.
industrial developmentecological footprintVARgeneralized impulse response function