{"title":"Institutional quality and environmental sustainability nexus: Fresh evidence of most polluted countries in a CS–ARDL framework","authors":"Majed Alharthi, Muhammad Shahid Hassan, Jianjie Huang, Haider Mahmood, Hassan Arshad","doi":"10.1111/1477-8947.12471","DOIUrl":"https://doi.org/10.1111/1477-8947.12471","url":null,"abstract":"Institutional quality (IQ) would contribute to environmental sustainability and could be helping to verify the Environmental Kuznets curve in any economy. To test whether IQ is sufficient enough to control pollution in the most polluted economies, the present research investigates the effects of IQ on CO<jats:sub>2</jats:sub> emissions controlling economic growth, globalization, and energy proxies in the models of the 33 most polluted countries from 1990 to 2021 by using cross‐sectional dependence techniques. The long‐run results corroborate the Environmental Kuznets curve in the sample countries. Moreover, clean energy reduces and fossil fuels increase CO<jats:sub>2</jats:sub> emissions. Furthermore, globalization and regulatory quality reduce CO<jats:sub>2</jats:sub> emissions. The short‐run findings also validate the long‐run results. In addition, we also find the bidirectional causality of CO<jats:sub>2</jats:sub> emissions with economic growth, clean energy, fossil fuels, and globalization. Moreover, one‐way causality is found from CO<jats:sub>2</jats:sub> emissions to regulatory quality and political stability. We recommend promoting trade globalization, clean energy usage, and regulatory quality to support environmental sustainability.","PeriodicalId":49777,"journal":{"name":"Natural Resources Forum","volume":null,"pages":null},"PeriodicalIF":3.3,"publicationDate":"2024-04-17","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"140615901","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"社会学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Muhammad Imran, Md Shabbir Alam, Zhang Jijian, Ilhan Ozturk, Salman Wahab, Mesut Doğan
{"title":"From resource curse to green growth: Exploring the role of energy utilization and natural resource abundance in economic development","authors":"Muhammad Imran, Md Shabbir Alam, Zhang Jijian, Ilhan Ozturk, Salman Wahab, Mesut Doğan","doi":"10.1111/1477-8947.12461","DOIUrl":"https://doi.org/10.1111/1477-8947.12461","url":null,"abstract":"This study delves into the profound repercussions of the resource curse hypothesis within the Brazil, Russia, India, China, and South Africa (BRICS) nations from 1991 to 2022, examining the intricate interplay among natural resource abundance, energy consumption, and economic development (ED). Methodologically, it employs the cross‐sectionally augmented Dickey–Fuller test to assess stationarity and utilizes the Westerlund cointegration technique to analyze cointegration. Subsequently, the cross‐sectionally augmented autoregressive distributive lag model is deployed to explore the impact of natural resource availability, renewable and non‐renewable energy utilization, and carbon emissions on ED within these countries. The findings reveal a stark reality wherein both carbon emissions and non‐renewable energy consumption wield a consistently positive influence on short‐ and long‐term economic growth across the BRICS economies. Particularly striking is the dominant impact of non‐renewable energy consumption. However, this comes in stark contrast to the adverse effects identified with excessive resource and coal rents, signifying potential economic setbacks arising from rampant natural resource exploitation. Furthermore, the suboptimal utilization of renewable energy resources hints at a detrimental effect on ED. These results transcend the confines of developing nations, underscoring the universality of the resource curse hypothesis, affecting both developing and developed countries. The study illuminates the grave risks inherent in overreliance and overexploitation of natural resources, elucidating heightened competition that severely impedes the ED trajectory of the BRICS countries in both short and long terms. Policymakers must prioritize economic diversification, implement sustainable resource management, and invest in innovative technologies to mitigate the resource curse in BRICS nations, fostering resilience and sustainable economic growth. In conclusion, This study highlights the severe impact of the resource curse in BRICS nations, stressing the imperative for adept resource management to counter the risks linked with overdependence on non‐renewable resources and bolster sustainable economic growth.","PeriodicalId":49777,"journal":{"name":"Natural Resources Forum","volume":null,"pages":null},"PeriodicalIF":3.3,"publicationDate":"2024-04-17","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"140616051","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"社会学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Musa Khan, Wu Chao, Muhammad Atif Khan, Mohammed Arshad Khan, Ahsanuddin Haider
{"title":"The role of natural resources and press freedom in sustainable development","authors":"Musa Khan, Wu Chao, Muhammad Atif Khan, Mohammed Arshad Khan, Ahsanuddin Haider","doi":"10.1111/1477-8947.12466","DOIUrl":"https://doi.org/10.1111/1477-8947.12466","url":null,"abstract":"Fostering sustainable development (SD) through the utilization of available resources, including natural resources, is a common global aspiration. This study delves into the intricate relationship between natural resource abundance (NRA), SD, and the moderating role of press freedom in this paradigm. Utilizing a comprehensive dataset spanning 109 countries from 2001 to 2020, we employed fixed effect regression and two‐step dynamic system GMM estimators. Our findings show that NRA has a negative impact on SD, posing a significant threat to the SD. We identify each individual type of natural resource that negatively influences SD, underscoring the need for sustainable management practices for these resources. On the other hand, press freedom is found to have a positive effect on SD, playing an influential role in promoting SD. The moderating effect of press freedom further emphasizes its vital role as a safeguard, mitigating the detrimental effects of resource abundance on the SD. Our study has important policy implications, suggesting that by adopting sustainable resource management practices and upholding press freedom, policymakers can pave the way for a more sustainable and environmentally responsible future.","PeriodicalId":49777,"journal":{"name":"Natural Resources Forum","volume":null,"pages":null},"PeriodicalIF":3.3,"publicationDate":"2024-04-17","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"140615984","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"社会学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Qing Yan, Yongpei Wang, Xin Zhang, Xiatian Du, Tianyi Huang
{"title":"Energy import dependence, renewable energy deployment, and carbon emissions in G20 countries","authors":"Qing Yan, Yongpei Wang, Xin Zhang, Xiatian Du, Tianyi Huang","doi":"10.1111/1477-8947.12480","DOIUrl":"https://doi.org/10.1111/1477-8947.12480","url":null,"abstract":"Against the background of unbalanced global energy distribution and increased exogenous shocks to energy trade, major countries bear special responsibilities for energy security and the achievement of greenhouse gas emission reduction under the Paris Agreement. Stabilizing energy supply chains and deploying renewable energy on a large scale are seen as fundamental ways to address both issues. To this end, this paper uses a sample of G20 countries covering the period 1980–2020 to estimate the links between energy import dependence, renewable energy deployment, and carbon emissions per capita. The results indicate that the energy import dependence of G20 countries can act as a combined brake on carbon emissions in large developed countries and emerging market countries, suggesting that global energy trade also has an additional role in reducing carbon emissions. Oil import dependence as one of the robustness check strategies further confirms these findings. The impact mechanism estimates imply that the channel for reducing carbon emissions of energy import dependence was to prompt countries to accelerate renewable energy deployment. Within the established framework of energy demand and economic growth, the universal deployment of renewable energy is a fundamental way to achieve environmental friendliness. These findings provide insights into multinational coordinated policies that ensure open and cooperative international energy markets and a transnational energy trading system that puts humanity on a path to global carbon neutrality.","PeriodicalId":49777,"journal":{"name":"Natural Resources Forum","volume":null,"pages":null},"PeriodicalIF":3.3,"publicationDate":"2024-04-15","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"140597278","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"社会学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Rudra P. Pradhan, S. M. R. K. Samarakoon, Rana P. Maradana, Premjit Sahoo
{"title":"Climate change disclosure and firm value in a frontier market: Exploring the determinants","authors":"Rudra P. Pradhan, S. M. R. K. Samarakoon, Rana P. Maradana, Premjit Sahoo","doi":"10.1111/1477-8947.12462","DOIUrl":"https://doi.org/10.1111/1477-8947.12462","url":null,"abstract":"We examine the factors that influence climate change disclosure and its effects on firm value in the context of Sri Lanka. By leveraging data spanning 1031 firm‐year observations from 2017 to 2022, an innovative machine‐learning technique is employed to quantify the level of climate change disclosure within annual corporate reports. Our findings indicate that factors such as firm size, size of the board of directors, the presence of independent and non‐executive directors on the board, and gender diversity of the board positively impact the extent of climate change disclosure. Notably, CEO duality, where the CEO and chairman roles are held by the same individual, demonstrates a negative relationship with climate change disclosure, suggesting that distinct roles can enhance transparency. This underscores the significant role of robust corporate governance practices in promoting environmental transparency and accountability. Additionally, the paper further assesses the implications of climate change disclosure on firm value, revealing that enhanced transparency in climate change disclosure positively impacts firm value.","PeriodicalId":49777,"journal":{"name":"Natural Resources Forum","volume":null,"pages":null},"PeriodicalIF":3.3,"publicationDate":"2024-04-13","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"140597405","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"社会学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Exploring the nexus of globalization and natural resource scarcity in driving green technology innovation: Insights from advanced panel data techniques","authors":"Jianmin Li, Farzan Yahya, Muhammad Waqas","doi":"10.1111/1477-8947.12463","DOIUrl":"https://doi.org/10.1111/1477-8947.12463","url":null,"abstract":"Green technology innovation (GTI) plays a pivotal role in improving environmental sustainability. Our study fills a significant research gap by investigating how globalization and natural resource depletion (NRD) impact eco‐innovation. Rooted in knowledge spillover and ecological modernization theories, we utilize advanced panel data techniques, an aspect underexplored in empirical studies. Our panel data span G20 countries from 1986 to 2019, further dissected into sub‐panels—BRICS (emerging economies) and G7 (advanced economies). Initial tests reveal cross‐sectional dependencies and slope heterogeneities across all panels, corroborated by Westerlund cointegration test indicating a long‐term equilibrium. Driscoll–Kraay estimator highlights that economic and social globalization significantly drive eco‐innovation, while political globalization deteriorates GTI. The effect of NRD is also negative for G20 and BRICS countries, while G7 economies exhibit lower vulnerability to NRD shocks. Long‐run estimates from CS‐ARDL underscore the positive role of economic globalization in both the short and long run, while the negative role of NRD remains persistent in the long run. Panel quantile regression results prove that the effect of globalization is asymmetric across GTI distribution and varying across underlying groups. NRD, while hindering progress at higher quantiles, supports eco‐innovation at lower quantiles of advanced economies. Panel threshold estimations confirm the positive influence of both globalization and NRD, particularly for highly eco‐innovative nations. These findings bear significant policy implications, charting a path toward sustainable economic growth through the widespread adoption of green technology.","PeriodicalId":49777,"journal":{"name":"Natural Resources Forum","volume":null,"pages":null},"PeriodicalIF":3.3,"publicationDate":"2024-04-13","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"140597599","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"社会学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Joshua Chukwuma Onwe, Solomon Prince Nathaniel, Mohd Arshad Ansari
{"title":"Toward sustainable climate action in advanced economies: Linking information communication technology, technological innovation, economic complexity, and ecological footprint","authors":"Joshua Chukwuma Onwe, Solomon Prince Nathaniel, Mohd Arshad Ansari","doi":"10.1111/1477-8947.12468","DOIUrl":"https://doi.org/10.1111/1477-8947.12468","url":null,"abstract":"Information and communication technology (ICT), technological innovation, and renewable energy (REN) consumption have been proffered as solutions to the recent environmental tragedies in developed countries. In recent times, ICT diffusion and technological innovation have improved in G7 countries, but the same cannot be said of REN consumption. As such, this study examines the link between ICT, economic complexity, technological innovation, REN, and ecological footprint (EF) for G7 countries over the period 1990–2020. We use three variables (fixed telephone subscriptions [FTS], mobile cellular subscriptions [MCS], and individuals using the internet [IUI]) to represent ICT. The presence of cross‐sectional dependence guides the use of second‐generation econometric methods for slope heterogeneity, unit root, cointegration, and parameter estimation. The augment mean group (AMG) estimator and panel OLS techniques are applied to complement the method of moment quantile regression (MM‐QR) approach. The MM‐QR results suggest that REN consumption and technological innovation impede the EF across all quantile levels (0.1–0.9), whereas economic growth and economic complexity augment the EF in G7 countries. The ICT variables have heterogeneous effects on the EF, suggesting that the impact of ICT on the EF depends on the estimation techniques and proxy for the variable. In line with these outcomes, public policies directed toward funding technological innovation projects are recommended. The funding should specifically focus on environmentally friendly technologies that can guarantee complementarity between reduced environmental damage and increased economic growth.","PeriodicalId":49777,"journal":{"name":"Natural Resources Forum","volume":null,"pages":null},"PeriodicalIF":3.3,"publicationDate":"2024-04-12","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"140597582","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"社会学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"How to promote the sustainability of China's rural waste management system: Increase government subsidies or increase waste service management fees?","authors":"Mengling Tian, Ruifeng Liu, Jian Wang, Jiahao Liang, Yefan Nian, Hengyun Ma","doi":"10.1111/1477-8947.12454","DOIUrl":"https://doi.org/10.1111/1477-8947.12454","url":null,"abstract":"Rural waste management is a highly complex issue requiring multi‐stakeholders' cooperation. The promotion of cooperative action through social mobilization is essential. Based on evolutionary game theory, this study constructs a dynamic model consisting of government, social funds, and rural residents to study the effectiveness of public–private partnership (PPP) projects in rural waste management in China. The results show that excessively high or low subsidies from the government to social funds are detrimental to the sustainability of rural waste management. The optimal subsidy rate ranges from 600,000 RMB to PPP 750,000 RMB. It may strike a balance between avoiding excessive financial burden on the government and encouraging a 5% increase in social funds' investment. Waste management fees are suitable for promoting the quality of rural waste management services, with the maximum ideal fee being 24 RMB. The simulation results also demonstrate that the policy combination of high incentives and high penalties and low supervision and high penalties is conducive to tripartite cooperation in PPP projects. In addition, the government should impose fines of more than 750,000 RMB on social funds to prevent potentially ineffective management services offered by the social funds.","PeriodicalId":49777,"journal":{"name":"Natural Resources Forum","volume":null,"pages":null},"PeriodicalIF":3.3,"publicationDate":"2024-04-12","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"140597584","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"社会学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Abdullah Emre Caglar, Muhammet Daştan, Salih Bortecine Avci, Zahoor Ahmed, Senem Gönenç
{"title":"Modeling the influence of mineral rents and low‐carbon energy on environmental quality: New insights from a sustainability perspective","authors":"Abdullah Emre Caglar, Muhammet Daştan, Salih Bortecine Avci, Zahoor Ahmed, Senem Gönenç","doi":"10.1111/1477-8947.12472","DOIUrl":"https://doi.org/10.1111/1477-8947.12472","url":null,"abstract":"In recent decades, the detrimental impacts of climate change have been increasingly felt worldwide. This is due to the extreme consumption of natural resources to fuel economic activity. Confronting a widening ecological deficit, humanity must urgently accelerate its journey toward sustainable development goals (SDGs). This demands active efforts to curb environmental pollution and protect natural resources, safeguarding the planet for future generations. Since Brazil has high biocapacity and ecological areas, the impact of energy resources on ecological sustainability policies cannot be excluded. Moreover, Brazil holds a vital position in the world for global foreign direct investment flows. In this regard, this paper considers the asymmetric impact of mineral rents and foreign direct investments when investigating Brazil's environmental sustainability. In addition, it evaluates elements like economic growth and low‐carbon energy consumption from 1970 to 2021. To this end, the research applies the Fourier nonlinear autoregressive distributed lag model and draws three significant conclusions. First, resource extraction undermines environmental sustainability. Second, the inflow of foreign direct investment reduces the load capacity factor, implying that the pollution haven hypothesis holds for Brazil. Third, low‐carbon energy consumption contributes to environmental sustainability. Our findings highlight the critical role of regulating mineral resource rents in achieving SDGs in Brazil. Moreover, increasing investment in clean energy sources and transitioning toward low‐carbon energy can promote sustainable development in Brazil. The Brazilian government should abandon mineral extraction, focus on low‐carbon energy consumption, and prevent companies from destroying nature by introducing strict environmental regulations for foreign investment flows.","PeriodicalId":49777,"journal":{"name":"Natural Resources Forum","volume":null,"pages":null},"PeriodicalIF":3.3,"publicationDate":"2024-04-12","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"140597276","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"社会学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"House building techniques for achieving sustainable development goals","authors":"Abdol Aziz Shahraki, Hossein Mollashahi","doi":"10.1111/1477-8947.12467","DOIUrl":"https://doi.org/10.1111/1477-8947.12467","url":null,"abstract":"This study aims to design and build a pilot home according to the United Nations sustainable development goals (UN SDGs). The research methodology is a nature‐oriented housing policy to promote renewable energy consumption in homes for cleaner environments. This study analyzes the structural elements of traditional homes in the eastern south of Iran. This study examines the UN SDGs in planning and designing the model to find the advantages of nature‐oriented constructions compared to the current harmful development projects damaging nature, environments, ecosystems, and the earth. The building model presented in this paper is in harmony with the UN SDGs. The model provides an architectural and planning procedure to prevent the earth from damaging fossil consumption‐built environments in the world. Calculations show that the housing pilot model saves USD 3600 in energy consumption per household on average. The outcomes of this study prove the hypothesis that the use of renewable energy in homes is beneficial economically and environmentally. This study implicates housing policies in shifting planning and design methods toward UN SDGs. Policies are applicable globally in the housing programs.","PeriodicalId":49777,"journal":{"name":"Natural Resources Forum","volume":null,"pages":null},"PeriodicalIF":3.3,"publicationDate":"2024-04-11","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"140597401","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"社会学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}