The dynamic impact of biomass and natural resources on ecological footprint in BRICS economies: A quantile regression evidence

Awosusi, Abraham Ayobamiji; Adebayo, Tomiwa Sunday; Altuntaş, Mehmet; Agyekum, Ephraim Bonah; Zawbaa, Hossam M.; Kamel, Salah

doi:10.1016/j.egyr.2022.01.022

Cited by 195 publications

(66 citation statements)

References 62 publications

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“…This illustrates that the depletion of natural resources deteriorates the environment in GCC economies. This finding is consistent with the findings of [34] in BRICS nations, ref. [38] in NICs, and ref.…”

Section: Dols Fmols and Fe-ols Outcomesupporting

confidence: 93%

“…Several researchers have recently looked at the relationship between natural resources (NR) and CO 2 emissions but their findings have been ambiguous. For example, Awosusi et al [34] considered the connection between NR and environmental degradation and found that when NR rises, it causes the environmental quality to decline. Miao et al [35] explored the effect of NR on the environment with the dataset for the period between 1983 and 2017.…”

Section: Research Hypothesis 3 (H3)mentioning

confidence: 99%

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Does the Moderating Role of Financial Development on Energy Utilization Contributes to Environmental Sustainability in GCC Economies?

Omer

Bein

2022

Energies

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This present research examined the association among carbon emissions, financial development, economic growth, natural resources, and energy usage in GCC nations within the environmental Kuznets curve framework by applying the datasets between 1995 and 2019. It used some empirical approaches, including second-generation unit roots and cointegration methods and method of moments quantile regression (MMQR). We detected a cointegrating interconnection between carbon emissions and financial development, energy usage, economic growth, natural resources, and squared of economic growth in the long term. Furthermore, the findings of the MMQR reveal that economic growth, financial development, energy usage, and natural resources degrade the environment, as well as proving the presence of the EKC hypothesis. Moreover, the results also demonstrated that financial development greatly moderates energy usage in order to attain environmental sustainability. Furthermore, the fixed-effect ordinary least squares, fully modified ordinary least squares, and dynamic ordinary least squares were also used in the study as a soundness check of the MMQR approach. The path of causality moves from financial development, economic growth, and squared of economic growth to CO2 emissions. Lastly, the causality direction runs from carbon emissions to energy usage. Based on these findings, the energy mix of the region must be revised by ensuring the promotion of sustainable energy sources and other energy-efficient technology in order to attain the quality of the environment.

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Section: Dols Fmols and Fe-ols Outcomesupporting

confidence: 93%

Section: Research Hypothesis 3 (H3)mentioning

confidence: 99%

Does the Moderating Role of Financial Development on Energy Utilization Contributes to Environmental Sustainability in GCC Economies?

Omer

Bein

2022

Energies

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“…Researchers and scholars argued that global warming is directly or indirectly associated with the recurrence of the Malaria epidemic, which is again a growing concern internationally ( 3 , 4 ). About 80% of the world's global warming is due to consumed energy, ~75% is due to greenhouse gas emissions causing abrupt climate changes ( 5 ). Severe climate changes have caused various diseases and health disparities The global temperature varies with acute effects on human health ( 6 , 7 ).…”

Section: Introductionmentioning

confidence: 99%

Role of Environmental Degradation, Institutional Quality, and Government Health Expenditures for Human Health: Evidence From Emerging Seven Countries

Wei

Rahim

Wang

2022

Front. Public Health

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The current study investigates the association of various economic, non-economic, governance, and environmental indicators on human health for seven emerging economies. Covering the period from 2000Q1 to 2018Q1, this study uses various panel data approaches for empirical estimations. The data is found first-order stationary. Besides, the panel slope is heterogeneous and cross-sectional dependence is present. Further, the cointegration association is found valid among the variables. Therefore, panel quantile regression is used to determine the long-run impact of each explanatory variable on human health at four quantiles (Q25, Q50, Q75, and Q90). The estimated results asserted that economic growth, government health expenditure, and human capital significantly reduce human health disasters like malaria incidences and cases. At the same time, greenhouse gas emissions and regulatory quality are significantly and positively correlated to human health issues in emerging economies. Moreover, mixed (unidirectional and bidirectional) causal associations exist between the variables. This study also provides relevant policy implications based on the empirical results, providing a path for regulating various economic, environmental, and governance sectors. Effective policy implementation and preventive measures can reduce the spread of diseases and mortality rates due to Malaria.

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“…Climate change and global warming have been among the most contentious problems among governments, scientific institutions and policymakers since the early 21st century ( Awosusi et al., 2022 ; Chatti et al., 2019 ; Miao et al., 2022 ; Obumneke et al., 2022 ). Environmental degradation remains an impediment to the model of sustainable economic growth because it brings a plethora of environmental challenges, including energy dependence, deforestation, climate change, air pollution and pure water scarcity, all of which have been viewed as major threats since the 1960s ( Akadiri et al., 2021 ; Fareed et al., 2021 ; Shan et al., 2021 ; Adebayo et al., 2022 ; AbdulKareem et al., 2022 ).…”

Section: Introductionmentioning

confidence: 99%

Does information and communication technology impede environmental degradation? fresh insights from non-parametric approaches

Adebayo

Agyekum

Altuntaş

et al. 2022

Heliyon

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The dynamic impact of biomass and natural resources on ecological footprint in BRICS economies: A quantile regression evidence

Cited by 195 publications

References 62 publications

Does the Moderating Role of Financial Development on Energy Utilization Contributes to Environmental Sustainability in GCC Economies?

Does the Moderating Role of Financial Development on Energy Utilization Contributes to Environmental Sustainability in GCC Economies?

Role of Environmental Degradation, Institutional Quality, and Government Health Expenditures for Human Health: Evidence From Emerging Seven Countries

Does information and communication technology impede environmental degradation? fresh insights from non-parametric approaches

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