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DOI10.1016/j.resourpol.2022.102616
Does it take international integration of natural resources to ascend the ladder of environmental quality in the newly industrialized countries?
Adebayo, Tomiwa Sunday; Onifade, Stephen Taiwo; Alola, Andrew Adewale; Muoneke, Obumneke Bob
发表日期2022
ISSN0301-4207
EISSN1873-7641
卷号76
英文摘要Among the new revelation in the natural resources-environment and climate change nexus literature is the criticality of ascending the environmental sustainability ladders of the industrialized economies such as the newly industrialized countries (NICs). This study considers the panel of top ten NICs (Brazil, China, India, Mexico, Malaysia, Philippines, South Africa, Turkey, Indonesia, and Thailand) by utilizing the novel Method of Moments Quantile Regression (MMQR) and other approaches including the Fully Modified Ordinary Least Square (FM-OLS), Dynamic Ordinary Least Square (D-OLS), and the Fixed-effects Ordinary Least Square (FE-OLS) to analyze the related dataset between 1990 and 2018. The combined empirical approaches help to measure the countries' drive for carbon neutrality. With a startling and unanimous evidence from the employed empirical techniques, natural resource rent is detrimental to the global goal carbon neutrality in the examined panel countries. However, there is a significant relieve that is brought about when globalization moderate the effect of natural resource rent on carbon emission. Another favorable outlook from the study is that economic growth and environmental nexus yields the affirmative validity of environmental Kuznets curve while renewable energy utilization and globalization independently promotes environmental quality in the examined panel countries. Therefore, the result from the study favours a more relaxed border to allow international integration of economic and financial aspects especially for the natural resources-related and environmental-friendly goods and services.
英文关键词Natural resource; Industrialization; Global integration; Economic prosperity; Panel of 10 countries
语种英语
WOS研究方向Environmental Studies
WOS类目Social Science Citation Index (SSCI)
WOS记录号WOS:000793303300008
来源期刊RESOURCES POLICY
文献类型期刊论文
条目标识符http://gcip.llas.ac.cn/handle/2XKMVOVA/281063
作者单位Cyprus International University; Selcuk University; KTO Karatay University; University of Vaasa; University of Vaasa; Istanbul Gelisim University; South Ural State University; University of Lagos
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GB/T 7714
Adebayo, Tomiwa Sunday,Onifade, Stephen Taiwo,Alola, Andrew Adewale,et al. Does it take international integration of natural resources to ascend the ladder of environmental quality in the newly industrialized countries?[J],2022,76.
APA Adebayo, Tomiwa Sunday,Onifade, Stephen Taiwo,Alola, Andrew Adewale,&Muoneke, Obumneke Bob.(2022).Does it take international integration of natural resources to ascend the ladder of environmental quality in the newly industrialized countries?.RESOURCES POLICY,76.
MLA Adebayo, Tomiwa Sunday,et al."Does it take international integration of natural resources to ascend the ladder of environmental quality in the newly industrialized countries?".RESOURCES POLICY 76(2022).
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