Natural resource dependency and environmental sustainability under N-shaped EKC: The curious case of India

Hossain, Mohammad Razib; Rej, Soumen; Awan, Ashar; Bandyopadhyay, Arunava; Islam, Md. Sayemul; Das, Narasingha; Hossain, Md. Emran

doi:10.1016/j.resourpol.2022.103150

Cited by 80 publications

(18 citation statements)

References 61 publications

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“…Conversely, Shen et al (2021) argue that natural resource abundance impedes environmental sustainability in a study of Chinese provinces. The views of Shen et al (2021) are congruent with the findings of related studies for other Asian (Hossain et al, 2023;Li et al, 2022;Wu et al, 2021) and African (Tiba & Frikha, 2019) economies. Similarly, studies focussing on OECD nations (Appiah et al, 2023;Balsalobre-Lorente et al, 2023) have argued that natural resource depletion is detrimental to environmental sustainability.…”

Section: Review Of Salient Contemporary Literaturesupporting

confidence: 85%

“…The environmental effects of natural resources can be modulated through governance dynamics. Summarily, while several contemporary studies confirm that natural resource depletion is a major driver of environmental pollution (Appiah et al, 2023;Balsalobre-Lorente et al, 2023;Hassan, 2022;Hassan et al, 2021;Hossain et al, 2023;Ulucak & Baloch, 2023;Yi et al, 2023), others argue that natural resources engender improvements in environmental quality (Wang et al, 2019;Xiaoman et al, 2021;Zheng et al, 2023).…”

Section: Review Of Salient Contemporary Literaturementioning

confidence: 99%

“…Given that natural resources constitute an essential vector of economic growth, it is likely that these resources can have far‐reaching consequences on environmental quality, either directly or indirectly. Thus, while the importance of natural resources to economic development has been unravelled for both developed and developing economies (Achuo, 2023; Hassan et al, 2020), its divergent environmental impacts have equally been unveiled (Hassan, 2022; Hossain et al, 2023; Jahanger et al, 2023). Specifically, the destructive environmental effects of resource rents are especially driven by the dirty energy consumption patterns (Achuo et al, 2022; Achuo & Ojong, 2023) and poor governance (Sibanda et al, 2023).…”

Section: Review Of Salient Contemporary Literaturementioning

confidence: 99%

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Resource rents and environmental pollution in developing countries: Does the quality of institutions matter?

Achuo,

Miamo,

Kouhomou

2023

Review Development Economics

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Despite global concerted efforts to enhance environmental sustainability, environmental quality has continued degrading following upsurges in carbon dioxide (CO2) emissions. The rising pollution emissions in recent decades have largely been blamed on the growing exploitation of natural resources and institutional dynamics. Consequently, this study empirically examines the effect of resource rents on environmental pollution. The system Generalised Method of Moments approach is adopted to analyse data for a panel of 39 developing African countries over the 1996–2020 period. The key results reveal that resource rents significantly contribute to pollution emissions in the context of African economies. This positive relationship between resource rents and environmental pollution is globally validated by the various sensitivity analysis and robustness checks. However, this relationship is divergent for alternative measures of natural resources and across sub‐regional economic blocs. Furthermore, the results reveal the critical role of good governance in modulating the environmental damaging role of natural resource dependence. Besides the key findings, the study equally highlights the importance of ICTs and the need to increase investments in green technologies and promote the consumption of clean energies. Indeed, the key findings suggest that for resource rents to effectively contribute to environmental sustainability by reducing CO2 emissions there is need for policymakers to reinforce the legislation through the enhancement of institutional quality. Particularly, African governments should develop and reinforce strategies aimed at curbing corruption which constitutes a major obstacle to environmental sustainability.

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Section: Review Of Salient Contemporary Literaturesupporting

confidence: 85%

Section: Review Of Salient Contemporary Literaturementioning

confidence: 99%

Section: Review Of Salient Contemporary Literaturementioning

confidence: 99%

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Resource rents and environmental pollution in developing countries: Does the quality of institutions matter?

Achuo,

Miamo,

Kouhomou

2023

Review Development Economics

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“…Studies exploring this link have not yet reached consistent conclusions. Some studies, such as Hossain et al (2023), Liu, Kim Loan, et al (2023), Liu, Ramzan, et al (2023), and Saud et al (2023), suggest that natural resources positively impact ecological quality. Conversely, other studies (such as: Adebayo, Ullah, et al, 2023, Adebayo, Ağa, & Kartal, 2023; Ahmad et al, 2020; Caglar et al, 2022) indicate that natural resources can contribute to a decline in ecological quality.…”

Section: Introductionmentioning

confidence: 99%

“…Li et al (2023) studied the effect of NR on achieving carbon neutrality in China and found that NR contributes to CO 2 emissions in China. Furthermore,Hossain et al (2023) used time series dataset for India over the period 1970-2018 Khan et al (2019). detected the role of SGLO on CO 2 emissions in Pakistan, using data that covers the years between 1971 and 2016, and found that SGLO improves environmental degradation Liu et al (2020).…”

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confidence: 99%

Determinants of Load capacity factor in BRICS countries: A panel data analysis

Yang,

Magazzino,

Awosusi

et al. 2023

Natural Resources Forum

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Several developing markets, such as Brazil, Russia, India, China, and South Africa (BRICS), are facing challenges in attaining the targets set with regard to the Sustainable Development Goals (SDGs). While previous studies have extensively examined the Environmental Kuznets Curve in BRICS nations, focusing on other proxy of environmental degradation like CO2 emissions and ecological footprint, little attention has been given to the Load Capacity Curve (LCC) hypothesis specifically in relation to emerging economies. Consequently, there exists a gap in the literature regarding the validation of the LCC hypothesis for these economies. To bridge this gap, our research intends to assess the validity of the LCC hypothesis in the context of the BRICS countries. Specifically, we investigate the impact of biomass energy and social globalization on the load capacity factor (a proxy for ecological quality) in the BRICS countries from 1990 to 2018, while considering the roles of economic growth and natural resources. Additionally, we explore the development of an SDG framework tailored for the BRICS nations, which can serve as a blueprint for other emerging economies. To analyze the data, we employ the Method of Moments‐Quantile‐Regression (MMQR) approach along with long‐run estimators. The findings of the MMQR analysis reveal that natural resources, social globalization, and gross domestic product have adverse effects on ecological quality, while biomass energy exhibits a positive influence on ecological quality. Furthermore, our research validates the LCC hypothesis for the BRICS economies. We also observe evidence of causality between the load capacity factor and its determinants. Based on our investigation, we recommend a transition in energy policies from hydrocarbon energy to sustainable energy options by implementing innovative approaches to biomass technology that can enhance conversion efficiency. Implementing these policy changes will not only enhance ecological quality but also align the SDG targets.

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How infrastructure development, technological innovation, and institutional quality impact the environmental quality of G7 countries: A step towards environmental sustainability

Zaman,

2023

Sustainable Development

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Despite the economic success, the G7 nations have not adequately prioritized environmental welfare. However, these nations must recognize that economic prosperity cannot be sustained without safeguarding environmental sustainability. In short, environmental protection is a necessary component of achieving sustainable development goals. For this matter, this study aims to analyze the effects of accumulative infrastructure development, economic growth, foreign direct investment, technological innovation, and institutional quality on the CO2 emissions of the G7 countries. Using annual panel data from 1996 to 2020, this study employs cross‐sectional autoregressive distributed lags (CS‐ARDL) to determine the environmental impacts of the variables under investigation. The findings show that foreign direct investment and institutional quality have a favorable effect and improve environmental quality. In contrast, the accumulative (transport, energy, financial, and information and communication [ICT]) infrastructure development, economic growth, and technological innovation stimulate environmental degradation by increasing CO2 emissions. These results are found robust, as validated by the Common Correlated Effect Mean Group (CCEMG). In line with these crucial findings, governments have suggested that specific measures supporting innovation in environmental‐related technologies, infrastructure development, and economic growth must be implemented to mitigate CO2 emissions in the G7 countries.

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Natural resource dependency and environmental sustainability under N-shaped EKC: The curious case of India

Cited by 80 publications

References 61 publications

Resource rents and environmental pollution in developing countries: Does the quality of institutions matter?

Resource rents and environmental pollution in developing countries: Does the quality of institutions matter?

Determinants of Load capacity factor in BRICS countries: A panel data analysis

How infrastructure development, technological innovation, and institutional quality impact the environmental quality of G7 countries: A step towards environmental sustainability

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