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Article
Environmental Studies
Zeeshan Khan et al.
Summary: This study aims to explore the aggregated and disaggregated impacts of natural resources on economic growth and the controlling role of carbon emissions, human capital, and green growth. The findings validate the existence of the resource curse hypothesis among the G-7 nations, indicating a negative relationship between natural resource availability and economic development. It suggests that the G-7 nations should establish a stable regional market to absorb price volatility and control energy demand and supply mismatch. Additionally, minimizing mining costs and environmental impacts through technological advancement is recommended. Green growth is found to hinder economic development among the G-7 nations due to reduced extraction and consumption of fossil fuels, while human capital development and CO2 emissions are beneficial. However, CO2 emissions-induced development is discouraged considering the G-7 nations' focus on green growth, and careful evaluation of trade-offs between green growth and the resource curse is advised.
Article
Environmental Studies
Shu Lin et al.
Summary: Recently, there has been uncertainty among policymakers and scholars regarding the role of natural resources in development due to conflicting evidence in existing literature. This study examines the relationship between natural resources and economic growth in China from 1991 to 2014, considering green innovations and renewable energy as control variables. The results show a cointegration between economic growth, natural resources, environmentally adjusted multifactor productivity growth, environmentally related technological innovation, and renewable energy consumption. The study also reveals a negative relationship between natural resources and GDP, confirming China's natural resource curse paradox. Additionally, environmentally adjusted multifactor productivity growth, development of environmentally related technological innovation, and renewable energy consumption have adverse effects on GDP in the region. The findings are robust, as validated by various long-run estimators. The study suggests sustainable extraction of natural resources and investment in environmentally-related technologies and renewable energy sectors for achieving sustainable development.
Article
Environmental Sciences
Roni Bhowmik et al.
Summary: This study examines the impact of economic policy uncertainty on energy consumption, finding that monetary policy uncertainty decreases energy consumption while trade and fiscal policy uncertainty increase it. Additionally, in the short run, the effects of fiscal and monetary policy uncertainty vary across sectors, while trade policy uncertainty does not affect energy consumption.
ENVIRONMENTAL SCIENCE AND POLLUTION RESEARCH
(2023)
Article
Environmental Sciences
Atif Jahanger et al.
Summary: This study examines the relationship between energy consumption, electricity generation, natural resource utilization, and environmental pollution in BRICS nations. The findings suggest that natural resources and renewable energy play a significant role in mitigating environmental degradation. The study also reveals a positive correlation between electricity consumption and environmental degradation, emphasizing the impact of this crucial resource on exacerbating the ecological footprint of BRICS nations. These findings offer valuable insights for policymakers aiming to achieve sustainable development and carbon neutrality in these countries.
NATURAL RESOURCES FORUM
(2023)
Article
Environmental Studies
Ramez Abubakr Badeeb et al.
Summary: This paper extends the literature on the natural resource curse by introducing the role of innovation in the relationship between natural resource dependence and economic growth using a non-linear model. It suggests that innovation can help countries overcome the resource curse by increasing investment productivity and creating competitive products that resist exchange rate appreciation. The empirical results from BRICS countries between 1990 and 2018 establish important relationships, including the U-shaped non-linear relationship between natural resource dependence and economic growth, the mitigating effect of innovation on the negative impact of natural resources, and the importance of reducing exchange rate appreciation through innovation.
Article
Thermodynamics
Qasim Raza Syed et al.
Summary: Renewable energy consumption is crucial for sustainable economic growth and research on its influencing factors is essential in the field of energy economics. While previous studies have identified various factors, the dynamic relationship between climate policy uncertainty and renewable energy consumption has been overlooked. Therefore, this study investigates the impact of climate policy uncertainty on renewable energy consumption using a novel Fourier augmented autoregressive distributed lag model. The findings reveal that climate policy uncertainty significantly decreases renewable energy consumption in both the long and short-term. The study concludes by suggesting the reduction of uncertainty in climate policies to promote renewable energy consumption.
Article
Environmental Sciences
Parisa Esmaeili et al.
Summary: Human activities in recent decades have had severe impacts on environmental quality, particularly through CO2 emissions. This study evaluates the effects of foreign direct investment, economic complexity, and renewable energy utilization on CO2 emissions in N-11 countries from 1995 to 2019 using Panel Quantile Regression. The interaction between economic complexity and foreign direct investment is also considered. The results confirm the validity of the Environmental Kuznetz Curve in these countries and highlight the importance of economic complexity, especially in the early stages of industrialization. Furthermore, foreign direct investment negatively affects environmental quality, and the Pollution Haven Hypothesis is not rejected. An interesting finding is that the interaction between economic complexity and foreign direct investment mitigates the trend of CO2 emissions. Finally, the study suggests stricter environmental regulations, development of green energy infrastructure and technologies, improvement in institutional quality, and support for knowledge-based and technology-intensive exports.
ENVIRONMENTAL RESEARCH
(2023)
Article
Geosciences, Multidisciplinary
Qasim Raza Syed et al.
Summary: The energy sector contributes significantly to global greenhouse gas emissions, which in turn poses a severe threat through climate change. This study focuses on understanding the impact of male and female populations of different age groups on carbon emissions in Asian economies. The findings reveal that economic growth and energy use escalate emissions across all quantiles. Different age groups have varying effects on emissions, with female population in the 0-14 years age group reducing emissions while the male population in the same age group enhances emissions. Both male and female populations between 15 and 64 years increase carbon emissions across all Asian economies. Elderly male population (above 65 years) is responsible for low emissions, while their female counterparts contribute to high emissions. Policy recommendations are offered based on these findings, including environmental education for the younger male population and promoting renewable energy use among the 15-64 age group to mitigate CO2 emissions.
GEOLOGICAL JOURNAL
(2023)
Article
Environmental Sciences
Farah Durani et al.
Journal of Cleaner Production
(2023)
Article
Geosciences, Multidisciplinary
Yongzhong Jiang et al.
Summary: Environmental degradation is a highly debated topic globally and is considered a major concern for the world. Researchers and policymakers have focused on green growth as an alternative to conventional economic growth. This study examines the impact of economic policy uncertainty, renewable energy consumption, and institutional quality on green growth for emerging seven countries from 1996 to 2019 using panel quantile regression. The findings indicate that economic policy uncertainty has a negative effect on green growth, while institutional quality and renewable energy consumption have positive effects.
GEOSCIENCE FRONTIERS
(2023)
Article
Environmental Studies
Samuel Oludimu et al.
Summary: The study examines the impact of oil production on income level in Nigeria, finding a U-shaped relationship between oil production and economic growth. While Dutch disease and the resource curse hypothesis are valid in Nigeria, the latter can be overturned when crude oil output reaches a certain threshold. Additionally, population has a positive impact on economic development in the country.
MANAGEMENT OF ENVIRONMENTAL QUALITY
(2022)
Article
Environmental Sciences
Shabir Mohsin Hashmi et al.
Summary: This study reexamines the impact of geopolitical risk on carbon emissions and finds that GPR can reduce global carbon emissions in the short term, but increase them in the long term. The study also confirms the existence of the environmental Kuznets curve hypothesis on a global scale, and proposes several policy recommendations to achieve sustainable development goals by reducing carbon emissions through GPR.
ENVIRONMENTAL SCIENCE AND POLLUTION RESEARCH
(2022)
Article
Environmental Sciences
Muhammad Iftikhar ul Husnain et al.
Summary: This study investigates the influence of geopolitical risk on environmental degradation in E7 countries. The findings suggest that renewable energy contributes to improving environmental quality, while non-renewable energy consumption leads to environmental degradation. Additionally, geopolitical risk tends to decrease CO2 emissions and ecological footprint. Policy implications include increasing the share of renewables in the energy mix and raising environmental control taxes during periods of low geopolitical risk.
ENVIRONMENTAL SCIENCE AND POLLUTION RESEARCH
(2022)
Article
Environmental Sciences
Qasim Raza Syed et al.
Summary: This paper investigates the impact of economic policy uncertainty (EPU) and geopolitical risk (GPR) on CO2 emissions in BRICST countries, finding heterogeneous effects across different quantiles.
ENVIRONMENTAL SCIENCE AND POLLUTION RESEARCH
(2022)
Article
Economics
Yanqi Cai et al.
Summary: The study examines the impact of energy consumption on carbon emissions in South Asian economies and finds that renewable energy consumption and agriculture help reduce emissions, while non-renewable energy consumption and urbanization exacerbate environmental degradation. The results suggest a policy framework aimed at achieving Sustainable Development Goals.
ECONOMIC RESEARCH-EKONOMSKA ISTRAZIVANJA
(2022)
Article
Economics
Xiaolong Li et al.
Summary: Understanding the impact of green environmental policy on renewable energy consumption is important. Economic growth and non-renewable energy have positive effects on renewable energy consumption, while the consumer price index and CO2 emissions have negative effects. The study also discusses the policy implications of the findings.
ECONOMIC RESEARCH-EKONOMSKA ISTRAZIVANJA
(2022)
Article
Green & Sustainable Science & Technology
Umme Habiba et al.
Summary: This study examines the effects of financial development, green technology innovations, and renewable energy use on carbon emissions. The results show that financial development increases carbon emissions, while green technology innovations and renewable energy use reduce carbon emissions. In the future, green technology innovations and renewable energy use will be the primary factors contributing to the decrease of carbon emissions.
Article
Economics
Dario Caldara et al.
Summary: This paper presents a news-based measure of adverse geopolitical events and their risks. The geopolitical risk index is particularly high during significant historical events such as world wars, the Korean War, the Cuban Missile Crisis, and after 9/11. Higher geopolitical risk leads to lower investment and employment, as well as increased probability of disasters and larger downside risks. This risk is driven by both the threat and occurrence of adverse geopolitical events. Industry- and firm-level indicators also show that investment declines more in industries exposed to geopolitical risk, and higher firm-level geopolitical risk is associated with lower investment.
AMERICAN ECONOMIC REVIEW
(2022)
Article
Environmental Sciences
Roni Bhowmik et al.
Summary: The study explores the impact of climate change mitigating technology on carbon emissions in the transport sector, finding that CCMT can effectively reduce emissions in most emitting countries.
FRONTIERS IN ENVIRONMENTAL SCIENCE
(2022)
Article
Economics
Mohammad Imdadul Haque et al.
Summary: Economic growth and financial development are inherently related, with evidence suggesting a mutual influence between the two. This study examines the relationship between economic growth and financial development, taking into account institutions in countries with substantial oil rents. The findings indicate that economic growth has a significant positive impact on the financial sector development of Gulf Cooperation Council (GCC) countries, while poor institutional quality hinders the contribution of oil rents to financial development.
COGENT ECONOMICS & FINANCE
(2022)
Article
Energy & Fuels
Olivier Joseph Abban et al.
Summary: Electricity power generation in Africa has expanded, especially in oil-producing countries. Renewable energy sources, with hydro being the most prevalent, have played a significant role in electricity generation. This study used wavelet analysis to examine the relationship between renewable energy, CO2 emissions, and economic growth. The findings showed a strong association among the variables in the long-run estimation, with renewable energy and CO2 emissions having an anti-cyclic impact.
ENERGY STRATEGY REVIEWS
(2022)
Article
Environmental Studies
Zeeshan Khan et al.
Summary: This study investigates the impact of natural resources on economic performance using panel data analysis for the Group of Seven economies. The empirical results reveal an asymmetric influence of natural resources on economic performance, with negative effects at lower quantiles and positive effects at higher quantiles. The consumption of renewable energy has a negative influence on economic performance, while political risk shows a weak link. Gross capital formation is found to be a positive factor in economic performance. These findings are robust and validated through bootstrap quantile regression and quantile regression.
Article
Environmental Studies
Yurog Li et al.
Summary: This study investigates the impact of green finance, economic factors, and geopolitical risk on the commodity prices of five natural resource holding countries, and finds that green finance and economic factors have a positive association with commodity prices, while geopolitical risk has a negative association.
Article
Public Administration
Qasim Raza Syed et al.
Summary: This study examines the impact of economic policy uncertainty (EPU) on CO2 emissions in the US, finding that high EPU intensifies CO2 emissions in the short run but reduces them in the long run. This suggests the need for policymakers to reduce EPU in the short term to improve environmental quality.
JOURNAL OF PUBLIC AFFAIRS
(2022)
Article
Environmental Studies
Humaira Yasmeen et al.
Summary: The study found a negative relationship between natural resources and economic growth, supporting the resource curse hypothesis, with non-renewable energy playing a stronger role in economic growth compared to renewable energy. Financial openness has a positive impact on economic growth, while gross capital formation does not significantly influence economic growth. Financial openness was not found to be capable of turning the resource curse into a blessing, with key guidelines proposed for efficient utilization of natural resources in the country.
Article
Environmental Studies
Eyup Dogan et al.
Summary: This study explores the effects of geopolitical risk and economic policy uncertainty on natural resources rents in developing countries using panel quantile estimation. The results show that geopolitical risk has a negative impact on natural resources rents, while economic growth increases rents. Economic policy uncertainty has varying effects on rents across different quantiles.
Article
Economics
Fateh Belaid et al.
Summary: This paper investigates the impact of political stability, governance quality, and financial development on the deployment of renewable energy production in the MENA region. The study finds that political stability and financial development are crucial factors for promoting investments in the renewable energy sector. Additionally, the interaction between governance effectiveness and financial development plays a role in influencing renewable energy production.
STRUCTURAL CHANGE AND ECONOMIC DYNAMICS
(2021)
Article
Environmental Sciences
Muhammad Khalid Anser et al.
Summary: The study investigates the impact of geopolitical risks on CO2 emissions, finding that GPR escalates CO2 emissions while renewable energy consumption impedes them. Therefore, efforts should be made to limit GPR and increase the share of renewable energy to reduce CO2 emissions.
ENVIRONMENTAL SCIENCE AND POLLUTION RESEARCH
(2021)
Article
Environmental Studies
Fateh Belaid et al.
Summary: The study found that regardless of the level of democracy in MENA countries, oil revenues contribute to economic growth rather than leading to a resource curse. However, when considering the status of the chief of state, countries with military executives suffer from the resource curse, as oil rents do not lead to economic growth.
Article
Environmental Studies
Zongyun Li et al.
Summary: This study investigates the resource curse hypothesis in G7 countries and finds that there is no resource curse in the long run, with the benefits of resources only channeled through the development of financial markets, while financial institutions experience financial hemorrhaging due to the abundance and utilization of natural resources.
Article
Economics
Wen Jun et al.
Summary: This study reveals a positive association between globalization and CO2 emissions, as well as an increase in environmental pollution due to non-renewable energy consumption. The findings support the EKC hypothesis, indicating a rise in environmental pollution initially with economic growth, followed by a decline after reaching a certain threshold. Furthermore, it suggests government support for renewable energy sources to address environmental degradation.
Article
Green & Sustainable Science & Technology
Muhammad Khalid Anser et al.
Summary: Since the turn of twenty first century, economic policy uncertainty (EPU) and geopolitical risk (GPR) have escalated across the globe, affecting both economic and environmental impacts. The study explores the impact of EPU and GPR on ecological footprint in selected emerging economies, revealing that EPU and non-renewable energy consumption increase ecological footprint, while GPR and renewable energy decrease it. Causality tests also show both uni-directional and bi-directional causality between some variables.
Article
Social Issues
Fengsheng Chien et al.
Summary: The study found that economic growth and financial development contribute to carbon dioxide emissions across all quantiles, while information and communication technologies only significantly mitigate emissions at lower quantiles. The findings also confirmed the Environmental Kuznets curve hypothesis. The results indicate that policy interventions concerning explanatory variables significantly impact carbon dioxide emissions bidirectionally.
TECHNOLOGY IN SOCIETY
(2021)
Article
Multidisciplinary Sciences
Birku Reta Entele
Summary: The study reveals that some resource-abundant economies are affected by the resource curse and institutional curse, but they have the potential to escape the curse by building human capital, quality institutions, and adopting ICT services. Policies promoting these factors could help resource curse economies to overcome their challenges.
Article
Green & Sustainable Science & Technology
Festus Fatai Adedoyin et al.
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Environmental Studies
Ifedolapo Olabisi Olanipekun et al.
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Gideon Kwaku Minua Ampofo et al.
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Artatrana Ratha et al.
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Hospitality, Leisure, Sport & Tourism
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JOURNAL OF HOSPITALITY AND TOURISM MANAGEMENT
(2020)
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Area Studies
Jon Phillips et al.
REVIEW OF AFRICAN POLITICAL ECONOMY
(2016)
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JOURNAL OF THE KNOWLEDGE ECONOMY
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Scott R. Baker et al.
QUARTERLY JOURNAL OF ECONOMICS
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Dawud Ansari
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Economics
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ECONOMIC MODELLING
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JOURNAL OF AFRICAN ECONOMIES
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Economics
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APPLIED ECONOMICS LETTERS
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JOURNAL OF ENVIRONMENTAL ECONOMICS AND MANAGEMENT
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Economics
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EUROPEAN ECONOMIC REVIEW
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NATURAL RESOURCES FORUM
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