The impact of globalization, natural resources abundance, and human capital on financial development: Evidence from thirty-one OECD countries

Zaidi, Syed Anees Haider; Wei, Zixiang; Gedikli, Ayfer; Zafar, Muhammad Wasif; Hou, Fujun; Iftikhar, Yaser

doi:10.1016/j.resourpol.2019.101476

Cited by 207 publications

(112 citation statements)

References 53 publications

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“…5 analyzed that natural resources are responsible to increase environmental pollution, while some empirical studies are opposite the above arguments. 6,7 The above-mentioned studies on nexus between natural resources and environmental degradation are insufficient and require more research towards a reasonable situation.…”

Section: Introductionmentioning

confidence: 99%

“…For better understanding, it legitimately improves the household’s income and elevates the morbidity and mortality rate among less-privileged groups. 7 On the other hand, environmental degradation can be constrained by improving income, especially in developing countries. It is recorded that environmental degradation and income are closely connected with one and the other.…”

Section: Introductionmentioning

confidence: 99%

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Mitigation pathways impact of climate change and improving sustainable development: The roles of natural resources, income, and CO₂ emission

Hassan

Xia

Lee

2020

Energy & Environment

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Climate change is an obstacle in the path of sustainable economic development. One of the key findings in the economics literature is that the use of natural resources contributes to real income per capita. However, its environmental consequences should not be ignored. This paper examines the nexus among CO2 emission, real income, and natural resources, by incorporating urbanization, and trade in Pakistan from 1971 to 2017. The Auto-Regressive Distributive Lag (ARDL) and Vector Error Correction (VECM) models are used for analyzing time-series data. The empirical findings infer that the use of natural resources accelerates the rate of CO2 emission in Pakistan which worsens environmental quality. In addition, the Environmental Kuznets Curve (EKC) is confirmed in the presence of natural resource use. Besides, urbanization improves environmental quality through mitigating the level of CO2 emission. Moreover, the feedback hypothesis is found between the use of natural resources and CO2 emission. Additionally, bidirectional causality is found between urbanization and the use of natural resources. Overall, this study supports formulating new policies to overcome environmental degradation through energy-saving technologies.

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Section: Introductionmentioning

confidence: 99%

Section: Introductionmentioning

confidence: 99%

Mitigation pathways impact of climate change and improving sustainable development: The roles of natural resources, income, and CO₂ emission

Hassan

Xia

Lee

2020

Energy & Environment

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“…Urbanization will thus become one of the most important transformation trends in the 21st century. This development can also be linked to widespread problems in the areas of housing, infrastructure, education, natural resources, and security [7]. The analysis of urban security can be assessed in terms of the relationship to the physical, environmental, social, cultural, economic, and political environment [8].…”

Section: Impact Of Globalization On the Security Of The Urban Environmentioning

confidence: 99%

“…The development of the urban environment has also brought with it a greater possibility of committing a crime [7]. Crime is a social phenomenon and characteristic features of contemporary crime include organization, intellectualization, sophistication, and internationalization with tendencies toward its globalization [1].…”

Section: Impact Of Globalization On the Security Of The Urban Environmentioning

confidence: 99%

Possibilities of using innovative urban design approaches for economic regional development

Jankura

Šoltés

2021

SHS Web of Conf.

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Research background: Globalization affects the daily lives of every individual, and therefore of the society in which he lives. In the coming years, almost 80% of the population will live in cities, which will have an impact on the socio-economic development of cities. These facts can lead to a deterioration of the security situation. Therefore, cities focused on the design of urban development, and thus on the elimination of undesirable factors. Purpose of the article: Cities around the world began to attend with architectural modifications of spaces, which could positively influence socio-economic factors. Changing the environment can reduce crime in localities. The purpose of the article is to analyze the impact of selected approaches on the quality of citizens’ life and to point out the possibilities of crime prevention through environmental design. Methods: Solution that deals with influencing the urban environment is the CPTED method. This approach focuses on the urban space and the principles of the fight against crime. The article describes the principles of CPTED application in urban space, and ways of its possible use. The methods of economic analysis and mathematical statistics will also evaluate the economic impacts on the budget of the entity using the approach. Findings & Value added: Due to globalization, built-up areas in cities are expanding. These changes have implications for socio-economic factors. The findings can be used in the design of new as well as existing urban spaces by public administration entities (especially regional and local governments), but also by private developers.

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“…Additionally, substantial literature is evidence of environmental degradation and its determinants. For example, biomass energy (Mahmood et al, 2019), renewable energy (Dogan and Ozturk, 2017), financial development (Xu et al, 2018), imported technologies (Danish, Wang and Wang, 2017), deforestation (Arshad et al, 2020), public-private investment in energy (Shahbaz et al, 2020), natural resources (Anees et al, 2019), and urbanization and renewable energy consumption (Danish and wang, 2019). However, the attention on the linkage of institutional quality and environmental degradation is limited.…”

Section: Introductionmentioning

confidence: 99%

WITHDRAWN: Re-Investigation of Institutional Quality and Ecological Footprint: A Case Study of Pakistan

Hussain

Yousaf

2020

Preprint

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The discourse on the environment and growth nexus has been an important research agenda. However, the debate on the role of institutional quality (IQ) in environmental degradation is not adequate. Unlike others, this study examines the asymmetric effect of IQ towards ecological footprint (EF) from 1984 to 2014 in Pakistan. The non-linear autoregressive distributive lag model revealed that positive shocks are negatively effecting EF and negative shocks are positively effecting EF. Our findings suggest that a better IQ is substantially reducing EF, whereas energy consumption and economic growth are increasing EF. The study has robust policy implications.

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The impact of globalization, natural resources abundance, and human capital on financial development: Evidence from thirty-one OECD countries

Cited by 207 publications

References 53 publications

Mitigation pathways impact of climate change and improving sustainable development: The roles of natural resources, income, and CO₂ emission

Mitigation pathways impact of climate change and improving sustainable development: The roles of natural resources, income, and CO₂ emission

Possibilities of using innovative urban design approaches for economic regional development

WITHDRAWN: Re-Investigation of Institutional Quality and Ecological Footprint: A Case Study of Pakistan

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The impact of globalization, natural resources abundance, and human capital on financial development: Evidence from thirty-one OECD countries

Cited by 207 publications

References 53 publications

Mitigation pathways impact of climate change and improving sustainable development: The roles of natural resources, income, and CO2 emission

Mitigation pathways impact of climate change and improving sustainable development: The roles of natural resources, income, and CO2 emission

Possibilities of using innovative urban design approaches for economic regional development

WITHDRAWN: Re-Investigation of Institutional Quality and Ecological Footprint: A Case Study of Pakistan

Contact Info

Product

Resources

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Mitigation pathways impact of climate change and improving sustainable development: The roles of natural resources, income, and CO₂ emission

Mitigation pathways impact of climate change and improving sustainable development: The roles of natural resources, income, and CO₂ emission