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Evolutionary characteristics and structural dependence determinants of global lithium trade network: An industry chain perspective 全球锂贸易网络的演变特征和结构依赖性决定因素:产业链视角
IF 10.2 2区 经济学
Resources Policy Pub Date : 2024-11-09 DOI: 10.1016/j.resourpol.2024.105381
Yonglin Li , Zhili Zuo , Jinhua Cheng , Deyi Xu
{"title":"Evolutionary characteristics and structural dependence determinants of global lithium trade network: An industry chain perspective","authors":"Yonglin Li ,&nbsp;Zhili Zuo ,&nbsp;Jinhua Cheng ,&nbsp;Deyi Xu","doi":"10.1016/j.resourpol.2024.105381","DOIUrl":"10.1016/j.resourpol.2024.105381","url":null,"abstract":"<div><div>As a globally emerging critical mineral, lithium is increasingly prominent in international trade, emphasizing the importance for energy transition and industrial structure upgrading to understand the evolution and formation of the global lithium trade networks (GLTN). From the perspective of industry chain, this paper uses complex network theory to construct GLTN for 2000–2021, investigates the determinants of network structure dependence through an exponential random graph model (ERGM), for analyzing the evolutionary characteristics and formation mechanisms of trade networks in both the holistic and local dimensions. The results show that, firstly, GLTN exhibits the overall characteristics of a \"sparse upstream and tight midstream and downstream\" network. The downstream exhibits a distinctive small-world network feature. China, the United States and Europe are the most active countries and regions in GLTN, covering the whole industry chains. Second, endogenous structure, node attributes and exogenous network effects all exert an influence on network structure. Regarding the impact of network structural dependence, lithium trade has transitivity effect, connectivity effect, and popularity effect. Third, the shocks of COVID-19 cut off the transitivity effect formed by indirect dependencies to the downstream industry chain first, resulting in a high network volatility. There is a strong heterogeneity in the network structural dependency for the industry chain.</div></div>","PeriodicalId":20970,"journal":{"name":"Resources Policy","volume":"99 ","pages":"Article 105381"},"PeriodicalIF":10.2,"publicationDate":"2024-11-09","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"142658088","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
When energy dispels curse: Linking natural resources, energy and inclusive growth in Africa 当能源驱散诅咒:将自然资源、能源与非洲的包容性增长联系起来
IF 10.2 2区 经济学
Resources Policy Pub Date : 2024-11-09 DOI: 10.1016/j.resourpol.2024.105384
Fabrice Ewolo Bitoto , Augustin Borice Ngounou , Thierry Pondie Messie , Emmanuel Wayisovia Juakaly , Clément Nicodème Mefire Njikam
{"title":"When energy dispels curse: Linking natural resources, energy and inclusive growth in Africa","authors":"Fabrice Ewolo Bitoto ,&nbsp;Augustin Borice Ngounou ,&nbsp;Thierry Pondie Messie ,&nbsp;Emmanuel Wayisovia Juakaly ,&nbsp;Clément Nicodème Mefire Njikam","doi":"10.1016/j.resourpol.2024.105384","DOIUrl":"10.1016/j.resourpol.2024.105384","url":null,"abstract":"<div><div>The aim of this paper is twofold. First, we assess the impact of natural resource dependence on inclusive growth in Africa and the channels through which this impact is transmitted; and second, we investigate the moderating role of energy in the relationship between natural resources and inclusive growth. Using data from 48 African countries over the period 1995–2020, we then mobilized several recent methods to effectively address the endogeneity issue, including Driscoll-Kraay, the Generalized Method of Moments in System (GMM-S) and the Two-stage Instrumental Variables (2SIV) approach. Several results emerge from the econometric analysis. First, natural resource dependence significantly reduces inclusive growth in Africa. Second, trade openness, human capital, and institutional quality mediate this effect by 46%, 65%, and 18%, respectively. Third, energy use moderates the relationship between natural resources and inclusive growth in Africa. Specifically, access to electricity and clean cooking energy improves the region's inclusive growth, while renewable energy and energy intensity worsen it. Fourth, the control variables significantly affect inclusive growth in line with the literature. First, we suggest large government investments in renewable energy infrastructure to reduce dependence on non-renewable resources, diversify the economy, and promote inclusive, sustainable economic growth in the long run. Second, public policies targeting workers, firms, and communities are needed to ensure an equitable transition to renewable energy to improve energy efficiency on the continent.</div></div>","PeriodicalId":20970,"journal":{"name":"Resources Policy","volume":"99 ","pages":"Article 105384"},"PeriodicalIF":10.2,"publicationDate":"2024-11-09","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"142658048","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
Breaking mineral resource curse through digital economy: Resource-based regions' sustainable path in the age of digitalization 通过数字经济打破矿产资源诅咒:资源型地区在数字化时代的可持续发展之路
IF 10.2 2区 经济学
Resources Policy Pub Date : 2024-11-09 DOI: 10.1016/j.resourpol.2024.105379
Yanwei Lyu , Wenqiang Wang , You Wu , Jinning Zhang
{"title":"Breaking mineral resource curse through digital economy: Resource-based regions' sustainable path in the age of digitalization","authors":"Yanwei Lyu ,&nbsp;Wenqiang Wang ,&nbsp;You Wu ,&nbsp;Jinning Zhang","doi":"10.1016/j.resourpol.2024.105379","DOIUrl":"10.1016/j.resourpol.2024.105379","url":null,"abstract":"<div><div>As a new economic driver, the digital economy emerged globally in recent years. However, its potential role in alleviating the mineral resource curse may be disregarded. In this paper, urban mineral resource curse and digital economy are scientifically quantified through the data of 265 Chinese cities in 2009–2019. The FE model and spatial Durbin model are employed to examine the direct effects, specific mechanisms as well as spillover effects of digital economy on mineral resource curse. When digital economy is less than 0.123, the digital economy results in a worse mineral resource curse, but when digital economy exceeds 0.123, it turns into an enabler for breaking the mineral resource curse. Green total factor productivity, industrial structure upgrading and technological innovation are not only the major mechanisms for digital economy to break mineral resource curse, but also essential channels for the inverted U-shaped relationship. According to the heterogeneity analysis, mineral resource-based cities or cursed cities derive greater benefits for breaking mineral resource curse from digitalization process.</div></div>","PeriodicalId":20970,"journal":{"name":"Resources Policy","volume":"99 ","pages":"Article 105379"},"PeriodicalIF":10.2,"publicationDate":"2024-11-09","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"142658049","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
Can U.S. strategic petroleum reserves calm a tight market exacerbated by the Russia–Ukraine conflict? 美国的战略石油储备能否安抚因俄乌冲突而加剧的紧张市场?
IF 10.2 2区 经济学
Resources Policy Pub Date : 2023-10-01 DOI: 10.1016/j.resourpol.2023.104062
Noha Razek , Valentina Galvani , Surya Rajan , Brian McQuinn
{"title":"Can U.S. strategic petroleum reserves calm a tight market exacerbated by the Russia–Ukraine conflict?","authors":"Noha Razek ,&nbsp;Valentina Galvani ,&nbsp;Surya Rajan ,&nbsp;Brian McQuinn","doi":"10.1016/j.resourpol.2023.104062","DOIUrl":"10.1016/j.resourpol.2023.104062","url":null,"abstract":"<div><p>Recent changes in global petroleum markets have driven the debate regarding the use of strategic petroleum reserves (SPRs) as a price management tool during periods marked by extreme price volatility. We examine the price management role of the U.S. SPR under typical market conditions and in extreme emergencies. Furthermore, we discuss the White House's hypotheses that (a) boosted Organization of the Petroleum Exporting Countries' (OPEC) production and releases from the U.S. SPR result in a negative pressure on U.S. gasoline inflation, and (b) crude oil releases from the U.S. SPR helps balance the global oil market. The threshold cointegration results indicate that U.S. SPR releases impact neither OPEC production nor imported input prices. We apply a hybrid open-economy Phillips curve to model gasoline inflation, accounting for backward- and forward-looking price settings, domestic and global slackness, and energy security. We distinguish between normal-, super-, and hyper-backwardation and -contango oil markets using threshold cointegration and regression techniques. Our results demonstrate that SPR releases and OPEC output increases generally decrease inflation, with a crucial exception being the hyper-backwardation market, as seen in 2021–2022. This period was characterized by severely constrained global supply buffers, including OPEC's spare capacity, exacerbated by the Russia–Ukraine conflict. For this period, we conclude that (1) the impact of OPEC production changes on gasoline inflation would be negligible, (2) excess domestic demand relative to domestic supply raises concerns about domestic energy security, and (3) the unprecedentedly large SPR drawdowns are likely to have caused the market to panic and contributed to gasoline price increases, contrary to arguments suggesting that the 2022 releases eased domestic gasoline prices. We conclude that the SPR is an ineffective price control mechanism during crises and may not have the strategic value previously thought in an extremely tight oil market.</p></div>","PeriodicalId":20970,"journal":{"name":"Resources Policy","volume":"86 ","pages":"Article 104062"},"PeriodicalIF":10.2,"publicationDate":"2023-10-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"42440454","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
Assessment of the energy-saving and environment effects of China's gasoline vehicle withdrawal under the impact of geopolitical risks 地缘政治风险影响下中国汽油车退出的节能与环境效应评估
IF 10.2 2区 经济学
Resources Policy Pub Date : 2023-10-01 DOI: 10.1016/j.resourpol.2023.104083
Yajie Liu , Feng Dong , Yulong Wang , Jingyun Li , Chang Qin
{"title":"Assessment of the energy-saving and environment effects of China's gasoline vehicle withdrawal under the impact of geopolitical risks","authors":"Yajie Liu ,&nbsp;Feng Dong ,&nbsp;Yulong Wang ,&nbsp;Jingyun Li ,&nbsp;Chang Qin","doi":"10.1016/j.resourpol.2023.104083","DOIUrl":"10.1016/j.resourpol.2023.104083","url":null,"abstract":"<div><p><span><span>With the increasing number of geopolitical events, energy and economy have been affected in all regions of the world. Uncertain geopolitical risks have led to the instability of the energy </span>supply chain, thus affecting the future planning of fuel vehicles. Accordingly, the </span>environmental effects<span> of “Banning gasoline vehicle sales policy” (BGVSP) will also be affected by geopolitical risks. Therefore, using life-cycle assessment and the Lotka–Volterra model, this study evaluated the environmental effects of BGVSP in terms of energy consumption, carbon emissions<span><span>, human toxic potential (HTP), global warming potential<span> (GWP), acidification potential (AP), air quality potential (AQP), and </span></span>photochemical ozone creation potential (POCP). We further analyzed the effects of differences in policy timing on the energy-conservation and emission-reduction benefits of BGVSP under multiple scenarios. The results show that the implementation of BGVSP in 2025 reduces the energy consumption, carbon emissions, GWP and POCP of the Chinese passenger vehicle market by 17.2%, 18.6%, 17.9% and 46.2%, respectively. However, it may also enhance HTP, AQP, and AP impact by 5.3%, 5.6%, and 18.2%, respectively. Meanwhile, lightweight automobile development could also help reduce energy consumption and carbon emissions in the passenger vehicle market. In this situation, the environmental effects of BGVSP implementation are superimposed. Moreover, the emission-reduction effect of new-energy vehicles is linked to the energy structure in terms of the whole life cycle; thus, the environmental effect of BGVSP in the context of energy cleaning is “super additive”. Regarding environmental effects, 2030 would be the optimal time for China to implement BGVSP as it transitions to clean energy.</span></span></p></div>","PeriodicalId":20970,"journal":{"name":"Resources Policy","volume":"86 ","pages":"Article 104083"},"PeriodicalIF":10.2,"publicationDate":"2023-10-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"45251200","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
Efficient natural resource rents and carbon taxes in BRICS green growth 金砖国家绿色增长中的高效自然资源租金和碳税
IF 10.2 2区 经济学
Resources Policy Pub Date : 2023-10-01 DOI: 10.1016/j.resourpol.2023.104043
LingYan Meng , Jinshi Li
{"title":"Efficient natural resource rents and carbon taxes in BRICS green growth","authors":"LingYan Meng ,&nbsp;Jinshi Li","doi":"10.1016/j.resourpol.2023.104043","DOIUrl":"10.1016/j.resourpol.2023.104043","url":null,"abstract":"<div><p><span><span>The growing interest in green growth techniques results from the need for nations throughout the globe to pursue sustainable development in recent decades. This study looks at the role of efficient natural resource rents in mediating the financial sector’s readiness for green development in the BRICS nations between 2000 and 2021 concerning </span>carbon taxes. Using </span>econometric techniques, we examine the dynamic interactions between carbon taxes and the distribution of natural resource rents in BRICS economies. Our findings show that when combined with carbon taxing measures, effective management of natural resource rents is essential for easing the transition to green development. According to the results, maximizing the use of resource rents improve the financial sector’s preparedness for sustainable growth and encourage investments in environmentally friendly projects in the BRICS nations. This research might help policymakers and investors in BRIC economies encourage green growth and address environmental challenges.</p></div>","PeriodicalId":20970,"journal":{"name":"Resources Policy","volume":"86 ","pages":"Article 104043"},"PeriodicalIF":10.2,"publicationDate":"2023-10-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"45163373","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
Depletion of natural resources and environmental quality: Prospects of energy use, energy imports, and economic growth hindrances 自然资源的消耗和环境质量:能源使用、能源进口和经济增长障碍的前景
IF 10.2 2区 经济学
Resources Policy Pub Date : 2023-10-01 DOI: 10.1016/j.resourpol.2023.104049
Jie Huo , Chen Peng
{"title":"Depletion of natural resources and environmental quality: Prospects of energy use, energy imports, and economic growth hindrances","authors":"Jie Huo ,&nbsp;Chen Peng","doi":"10.1016/j.resourpol.2023.104049","DOIUrl":"10.1016/j.resourpol.2023.104049","url":null,"abstract":"<div><p><span><span>Depletion of natural resources and their impact on </span>environmental quality<span> is a pressing concern that requires urgent attention. As the world's population continues to grow, the demand for energy increases, leading to the potential exhaustion of finite resources. This document aims to explore the prospects of energy use, energy imports, and the hindrances to economic growth related to these issues. This paper examines the depletion of natural resources and environmental quality in China from 1971 to 2019, using energy use, energy imports, and economic growth hindrances as moderator variables. The long-run estimates indicate that a 1% increase in natural resource depletion decreases environmental degradation in China by 0.016554%. Moreover, a 1% increase in energy use increases China's CO</span></span><sub>2</sub> emissions (environmental degradation) by 1.64283%. The result shows energy use and economic growth are positively related to CO<sub>2</sub> emissions. Energy imports and natural resource depletion are negatively associated with CO<sub>2</sub> emissions. Moreover, energy use and economic growth, energy imports, and natural resource depletion degrade the environmental quality in China. The Chinese government should take steps to ensure that the depletion of natural resources does not hurt the economy. In particular, the government should seek to create incentives for businesses to invest in sustainable practices and resources. This would have the dual effect of reducing the depletion of natural resources and increasing economic growth. Moreover, the Chinese government must strengthen its legal framework to ensure natural resources are managed responsibly. This includes establishing clear regulations for resource extraction and introducing penalties for companies who violate these regulations.</p></div>","PeriodicalId":20970,"journal":{"name":"Resources Policy","volume":"86 ","pages":"Article 104049"},"PeriodicalIF":10.2,"publicationDate":"2023-10-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"43307953","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
Fuzzy cognitive-based goal programming for waste rock management with in-pit dumping priority: Towards sustainable mining 基于模糊认知的坑内倾倒优先的废石管理目标规划——面向可持续开采
IF 10.2 2区 经济学
Resources Policy Pub Date : 2023-10-01 DOI: 10.1016/j.resourpol.2023.104095
Ezzeddin Bakhtavar , Sahra Saberi , Guangji Hu , Rehan Sadiq , Kasun Hewage
{"title":"Fuzzy cognitive-based goal programming for waste rock management with in-pit dumping priority: Towards sustainable mining","authors":"Ezzeddin Bakhtavar ,&nbsp;Sahra Saberi ,&nbsp;Guangji Hu ,&nbsp;Rehan Sadiq ,&nbsp;Kasun Hewage","doi":"10.1016/j.resourpol.2023.104095","DOIUrl":"10.1016/j.resourpol.2023.104095","url":null,"abstract":"<div><p>Internal (in-pit) dumping is a sustainable waste rock management approach that can mitigate the potential adverse environmental, social, and economic impacts of conventional off-site dumping. In this study, a fuzzy-weighted multi-objective programming model was developed to determine the best feasible waste scheduling strategy. Minimizing waste rock hauling cost, social complaints, environmental penalties, and operational issues are the main objectives of the model. A fuzzy cognitive map was incorporated into the model to analyze the objectives based on their causal relationships. Various weighting scenarios were used to assess the influence of prioritization of objectives on the waste scheduling results. The model was applied to a surface mine containing several lens-shaped limestone deposits. It was found that entirely dumping waste rock in the internal dumps (D1-D3) could lead to the lowest social, environmental, and operational issues under the causal weights of 0.272, 0.267, 0.230, and 0.230 for the social, environmental, economic, and operational objectives, respectively. However, the distances between the extraction sites and internal dumps are large compared to external dumps (K1 and K2), and dumping in the external dumps resulted in significantly more social complaints and environmental effects. A sensitivity analysis on the capacity of the preferred internal dump (D1) indicated that if its capacity is inadequate to accommodate all wastes, the less preferable internal dumps would be used, followed by external dumps.</p></div>","PeriodicalId":20970,"journal":{"name":"Resources Policy","volume":"86 ","pages":"Article 104095"},"PeriodicalIF":10.2,"publicationDate":"2023-10-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"45622436","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 1
Digital finance and air pollution in China: Evolution characteristics, impact mechanism and regional differences 数字金融与中国空气污染:演进特征、影响机制与区域差异
IF 10.2 2区 经济学
Resources Policy Pub Date : 2023-10-01 DOI: 10.1016/j.resourpol.2023.104073
Yunfeng Tang , Xuan Zhang , Shibao Lu , Farhad Taghizadeh-Hesary
{"title":"Digital finance and air pollution in China: Evolution characteristics, impact mechanism and regional differences","authors":"Yunfeng Tang ,&nbsp;Xuan Zhang ,&nbsp;Shibao Lu ,&nbsp;Farhad Taghizadeh-Hesary","doi":"10.1016/j.resourpol.2023.104073","DOIUrl":"10.1016/j.resourpol.2023.104073","url":null,"abstract":"<div><p>To improve resource efficiency, this paper selects 31 provincial panel data of China from 2011 to 2021 to empirically test the spatial impact of digital finance<span> on air pollution. The results show that: (1) China's air pollution has gradually decreased and regional differences have gradually narrowed. The development of digital finance has gradually increased and regional differences have gradually expanded. Both exhibit clear global spatial dependence<span> and local spatial agglomeration. (2) Digital finance has a significant negative direct impact and a negative spatial spillover effect on air pollution. The coverage breadth of digital finance has the most significant impact. (3) There is a negative direct impact in the eastern region and a negative spatial spillover effect in the central region. The western region has a positive direct impact and a negative spatial spillover effect. This paper provides a new perspective for coordinating financial development and environmental protection.</span></span></p></div>","PeriodicalId":20970,"journal":{"name":"Resources Policy","volume":"86 ","pages":"Article 104073"},"PeriodicalIF":10.2,"publicationDate":"2023-10-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"45787350","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 4
Analyzing the impact of natural resources and rule of law on sustainable environment: A proposed policy framework for BRICS economies 分析自然资源和法治对可持续环境的影响:金砖国家经济政策框架建议
IF 10.2 2区 经济学
Resources Policy Pub Date : 2023-10-01 DOI: 10.1016/j.resourpol.2023.104070
Yasir Khan , Taimoor Hassan , Huang Guiqin , Ghulam Nabi
{"title":"Analyzing the impact of natural resources and rule of law on sustainable environment: A proposed policy framework for BRICS economies","authors":"Yasir Khan ,&nbsp;Taimoor Hassan ,&nbsp;Huang Guiqin ,&nbsp;Ghulam Nabi","doi":"10.1016/j.resourpol.2023.104070","DOIUrl":"10.1016/j.resourpol.2023.104070","url":null,"abstract":"<div><p><span><span>Industrialization is fueled by economic development, which raises the value of obtained natural resources. However, exploitation and excessive usage of natural resources in various sectors can have a negative impact on the environment. This paper examined the impact of </span>Carbon dioxide emissions (CO</span><sub>2</sub><span>), natural resource rents, rule of law, digitalization, and economic growth (GDP) in (Brazil, Russia, India, China, and South Africa) BRICS between 1990 and 2021. The empirical findings based on the Method of Moment Quantile Regression (MMQREG) confirm that GDP and natural resources have a negative association with CO</span><sub>2</sub><span> emissions, indicating that these two variables adversely affect carbon emissions in BRICS countries. Interestingly, the outcomes also reveal that digitalization and effective rule of law tackle the issue of CO</span><sub>2</sub><span> emissions effectively throughout all quantiles. Moreover, the robustness checks of Fully-Modified Ordinary Least Square (FMOLS), and Dynamic Ordinary Least Square (DOLS) confirm and support the outcomes of MMQREG. Based on the study findings, we propose that the current environmental policies of BRICS member countries do not efficiently tackle CO</span><sub>2</sub><span> emissions. To cope with carbon emissions and resource exploitation, the selected nations should restructure their natural resources-related policies for a sustainable environment by prioritizing the efficient utilization of natural resources and adopting clean and green energy for sustainable economic growth.</span></p></div>","PeriodicalId":20970,"journal":{"name":"Resources Policy","volume":"86 ","pages":"Article 104070"},"PeriodicalIF":10.2,"publicationDate":"2023-10-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"44302460","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
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