Nexus between mineral rents and environmental sustainability: The role of economic policy uncertainty

IF 3.5 4区社会学 Q2 ENVIRONMENTAL SCIENCES

Natural Resources Forum Pub Date : 2024-08-16 DOI:10.1111/1477-8947.12547

Dangli Zhang, Fuming Zhao, Leow Hon‐Wei, Nhat Tan Nguyen, Ahmad A. Al‐Naimi

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引用次数: 0

Abstract

One of the most contentious issues discussed in international forums is environmental deterioration, which is seen as a major global problem. Consequently, while a number of carbon emission (CO2) drivers have been covered in the literature so far, little is known about the moderating effect of economic policy uncertainty (EPU) on the link between CO2 emissions and mineral rent (MINR). Therefore, for the BRICS nations, this document serves as a representation of the earlier effort to investigate the moderating effect of EPU on the link between mineral rents and environmental deterioration. The aim of this study is to investigate the interaction effect of MINR and EPU on CO2 for BRICS from 1990 to 2022. For this purpose, we use the panel autoregressive distributed lag model to ascertain the long‐ and short‐term effects of EPU and MINR on CO2. The long‐term findings imply that MINR increases 2. In contrast, the moderation effect of EPU aggravates the impact of MINR on emissions. This study makes policy recommendations for accomplishing sustainable development. The governments of these nations may solve the problem of environmental degradation by assuring political stability, adopting dependable macroeconomic policies, and creating policies that are so adaptable that they can be readily controlled or utilized to handle unforeseen environmental concerns in the future.

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矿产租金与环境可持续性之间的联系：经济政策不确定性的作用

环境恶化是国际论坛上讨论的最具争议性的问题之一，被视为一个重大的全球性问题。因此，尽管迄今为止已有文献涉及了一些碳排放（CO2）驱动因素，但对于经济政策不确定性（EPU）对 CO2 排放和矿产租金（MINR）之间联系的调节作用却知之甚少。因此，对于金砖五国来说，本文件代表了早先研究经济政策不确定性对矿产租金和环境恶化之间联系的调节作用的努力。本研究的目的是调查 1990 年至 2022 年金砖国家的矿产租金和环境产出单位对二氧化碳的交互影响。为此，我们使用面板自回归分布滞后模型来确定 EPU 和 MINR 对二氧化碳的长期和短期影响。长期的研究结果表明，MINR 增加了二氧化碳排放量。相反，EPU 的调节效应加剧了 MINR 对排放的影响。本研究提出了实现可持续发展的政策建议。这些国家的政府可以通过确保政治稳定、采取可靠的宏观经济政策以及制定适应性强的政策来解决环境退化问题，以便能够随时控制或利用这些政策来处理未来不可预见的环境问题。

本文章由计算机程序翻译，如有差异，请以英文原文为准。

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来源期刊

Natural Resources Forum 环境科学-环境科学

CiteScore

6.10

自引率

0.00%

发文量

审稿时长

>36 weeks

期刊介绍： Natural Resources Forum, a United Nations Sustainable Development Journal, focuses on international, multidisciplinary issues related to sustainable development, with an emphasis on developing countries. The journal seeks to address gaps in current knowledge and stimulate policy discussions on the most critical issues associated with the sustainable development agenda, by promoting research that integrates the social, economic, and environmental dimensions of sustainable development. Contributions that inform the global policy debate through pragmatic lessons learned from experience at the local, national, and global levels are encouraged. The Journal considers articles written on all topics relevant to sustainable development. In addition, it dedicates series, issues and special sections to specific themes that are relevant to the current discussions of the United Nations Commission on Sustainable Development (CSD). Articles must be based on original research and must be relevant to policy-making. Criteria for selection of submitted articles include: 1) Relevance and importance of the topic discussed to sustainable development in general, both in terms of policy impacts and gaps in current knowledge being addressed by the article; 2) Treatment of the topic that incorporates social, economic and environmental aspects of sustainable development, rather than focusing purely on sectoral and/or technical aspects; 3) Articles must contain original applied material drawn from concrete projects, policy implementation, or literature reviews; purely theoretical papers are not entertained.