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DOI10.1016/j.resourpol.2022.103261
Articulating natural resource abundance, economic complexity, education and environmental sustainability in MENA countries: Evidence from advanced panel estimation
Saud, Shah; Haseeb, Abdul; Zafar, Muhammad Wasif; Li, Huiyun
发表日期2023
ISSN0301-4207
EISSN1873-7641
卷号80
英文摘要The most crucial area of intense debate among economists to prevent environmental deterioration due to global climate change is structural transformation and natural resource management. However, economic complexity, natural resource abundance, education and ecological sustainability relationships are unsatisfactorily investigated, with diverse findings are evidenced in the prior literature. Therefore, natural resource abundance, economic complexity, education, and environmental sustainability were analysed for Middle East and North Africa (MENA) nations from 1980 to 2020. The current research embraced the Westerlund cointegration, continuously updated fully modified (CUP-FM) and delivering consistent outcomes using the alternative specification of continuously updated bias-corrected (CUP-BC) and the Dumitrescu and Hurlin (DH) causality. The proposed models also incorporate variables that drive environmental degradation, such as financial development and economic growth. The empirical results confirm the negative long-run relationships of economic complexity with carbon dioxide emissions (CO2 emissions) and the ecological footprint. A one-point increase in economic complexity reduced CO2 emissions by 0.0081 points and the ecological footprint by 0.1152 points. In conjunction with all this, natural resource abundance is adversely related to CO2 emissions (0.0111) and the ecological footprint (0.0229). However, education, financial development and economic growth impede environmental deterioration by high CO2 emissions and the ecological footprint. The EKC phenomenon has been verified for MENA countries. Meanwhile, education and economic complexity cause CO2 emissions and vice versa, whereas natural resource abundance causes CO2 emissions without feedback. Hence, the outcomes encourage policy-makers to consider and embrace holistic economic-environmental green policies to achieve sustainable development in the region and cope with COP21.
英文关键词Natural resources; Economic complexity; Education; Environmental sustainability; COP21; MENA
语种英语
WOS研究方向Environmental Studies
WOS类目Social Science Citation Index (SSCI)
WOS记录号WOS:000920745900001
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/281537
作者单位Beijing Institute of Technology; Beijing Institute of Technology
推荐引用方式
GB/T 7714
Saud, Shah,Haseeb, Abdul,Zafar, Muhammad Wasif,et al. Articulating natural resource abundance, economic complexity, education and environmental sustainability in MENA countries: Evidence from advanced panel estimation[J],2023,80.
APA Saud, Shah,Haseeb, Abdul,Zafar, Muhammad Wasif,&Li, Huiyun.(2023).Articulating natural resource abundance, economic complexity, education and environmental sustainability in MENA countries: Evidence from advanced panel estimation.RESOURCES POLICY,80.
MLA Saud, Shah,et al."Articulating natural resource abundance, economic complexity, education and environmental sustainability in MENA countries: Evidence from advanced panel estimation".RESOURCES POLICY 80(2023).
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