Ecological footprint in Bangladesh: Identifying the intensity of economic complexity and natural resources

Recent years have seen a spike in the number of academics utilizing the ecological footprint as a stand-in for environmental depletion because of its extensive nature and its ability to capture the worsening of the ecosystem. Thus, this article brings a new effort to analyze the effect of Bangladesh's economic complexity and natural resources on its ecological footprint over a long period, from 1995 to 2018. Using a nonlinear autoregressive distributed lag (NARDL) model, this paper suggests that a more complex economy has a significantly positive effect on ecological footprint over the long term. If the economy is simplified, it has less impact on the environment. For Bangladesh, an increase in economic complexity of 1 unit leads to an ecological…