IDEAS home Printed from https://ideas.repec.org/a/eee/jrpoli/v86y2023ipbs0301420723008875.html
   My bibliography  Save this article

Natural resources-environmental sustainability-socio-economic drivers nexus: Insights from panel quantile regression analysis

Author

Listed:
  • Li, Zhiyuan
  • Patel, Nikunj
  • Liu, Jiayang
  • Kautish, Pradeep

Abstract

In order to achieve the Sustainable Development Goals (SDGs), it will be difficult for many countries especially developing countries, to increase economic growth while promoting environmental sustainability. The main purpose of the study is to investigate the relationship of KOF, GDP, GDP2, HDI, MFG, NRE and PD on CO2 emissions in 64 countries during 2000–2020. The findings showed that the EKC hypothesis was valid up to the 70th quantile in full sample. However, in the higher quantiles, a turning point was observed. High-income countries exhibited an N-shaped relationship, while upper-middle-income countries showed an inverted U-shaped relationship. Lower-middle-income countries displayed a U-shaped relationship until the 30th quantile, followed by an inverted U-shaped relationship from the 40th to 80th quantile, and an insignificant relationship after the 80th quantile. Low-income countries exhibited a U-shaped relationship. The study found that globalization mitigated CO2 emissions in high-income countries. However, in lower-middle- and low-income countries, it shows the pollution heaven hypothesis. The industrialization and non-renewable energy significantly degrade the environment. The HDI mitigated CO2 emissions in the progressive quantiles of high- and upper-middle-income countries, but in another sub-samples.

Suggested Citation

  • Li, Zhiyuan & Patel, Nikunj & Liu, Jiayang & Kautish, Pradeep, 2023. "Natural resources-environmental sustainability-socio-economic drivers nexus: Insights from panel quantile regression analysis," Resources Policy, Elsevier, vol. 86(PB).
    • Handle: RePEc:eee:jrpoli:v:86:y:2023:i:pb:s0301420723008875
    DOI: 10.1016/j.resourpol.2023.104176
    as

    Download full text from publisher

    File URL: http://www.sciencedirect.com/science/article/pii/S0301420723008875
    Download Restriction: Full text for ScienceDirect subscribers only
    File URL: https://libkey.io/10.1016/j.resourpol.2023.104176?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    References listed on IDEAS

    as
    1. Ang, James B., 2007. "CO2 emissions, energy consumption, and output in France," Energy Policy, Elsevier, vol. 35(10), pages 4772-4778, October.
    2. Héctor F. Salazar-Núñez & Francisco Venegas-Martínez & José Antonio Lozano-Díez, 2022. "Assessing the interdependence among renewable and non-renewable energies, economic growth, and CO2 emissions in Mexico," Environment, Development and Sustainability: A Multidisciplinary Approach to the Theory and Practice of Sustainable Development, Springer, vol. 24(11), pages 12850-12866, November.
    3. Menegaki, Angeliki N., 2011. "Growth and renewable energy in Europe: A random effect model with evidence for neutrality hypothesis," Energy Economics, Elsevier, vol. 33(2), pages 257-263, March.
    4. Waheed, Rida & Sarwar, Suleman & Dignah, Ashwaq, 2020. "The role of non-oil exports, tourism and renewable energy to achieve sustainable economic growth: What we learn from the experience of Saudi Arabia," Structural Change and Economic Dynamics, Elsevier, vol. 55(C), pages 49-58.
    5. Yaswanth Karedla & Rohit Mishra & Nikunj Patel, 2021. "The impact of economic growth, trade openness and manufacturing on CO2 emissions in India: an autoregressive distributive lag (ARDL) bounds test approach," Journal of Economics, Finance and Administrative Science, Emerald Group Publishing Limited, vol. 26(52), pages 376-389, August.
    6. Erdal Dursun, 2022. "Investigating the Air Transport-Induced EKC Hypothesis: Evidence from NAFTA Countries," International Journal of Energy Economics and Policy, Econjournals, vol. 12(4), pages 494-500, July.
    7. Suleman Sarwar & Rida Waheed & Ghazala Aziz & Simona Andreea Apostu, 2022. "The Nexus of Energy, Green Economy, Blue Economy, and Carbon Neutrality Targets," Energies, MDPI, vol. 15(18), pages 1-19, September.
    8. Abdulaziz A. Alotaibi & Naif Alajlan, 2021. "Using Quantile Regression to Analyze the Relationship between Socioeconomic Indicators and Carbon Dioxide Emissions in G20 Countries," Sustainability, MDPI, vol. 13(13), pages 1-12, June.
    9. Sudeshna Ghosh, 2018. "Globalization and Environment: An Asian Experience," Journal of International Commerce, Economics and Policy (JICEP), World Scientific Publishing Co. Pte. Ltd., vol. 9(03), pages 1-27, October.
    10. Park, JaeHyun & Hong, TaeHoon, 2013. "Analysis of South Korea’s economic growth, carbon dioxide emission, and energy consumption using the Markov switching model," Renewable and Sustainable Energy Reviews, Elsevier, vol. 18(C), pages 543-551.
    11. Pedroni, Peter, 2004. "Panel Cointegration: Asymptotic And Finite Sample Properties Of Pooled Time Series Tests With An Application To The Ppp Hypothesis," Econometric Theory, Cambridge University Press, vol. 20(3), pages 597-625, June.
    12. Hashem Pesaran, M. & Yamagata, Takashi, 2008. "Testing slope homogeneity in large panels," Journal of Econometrics, Elsevier, vol. 142(1), pages 50-93, January.
    13. Umut Uzar, 2022. "The connection between freedom of the press and environmental quality: An investigation on emerging market countries," Natural Resources Forum, Blackwell Publishing, vol. 46(1), pages 21-38, February.
    14. Farrukh Nawaz Kayani & Misbah Sadiq, 2022. "Analyzing the Impact of Inward FDI and Economic Growth on CO2 Emissions of Ukraine," International Journal of Energy Economics and Policy, Econjournals, vol. 12(5), pages 202-208, September.
    15. Kabiru Saidu Musa & Rabiu Maijama’a, 2020. "Economic Growth, Energy Consumption and Environmental Pollution in Nigeria: Evidence from ARDL Approach," Energy Economics Letters, Asian Economic and Social Society, vol. 7(2), pages 61-73, December.
    16. Xu, Bin & Lin, Boqiang, 2015. "How industrialization and urbanization process impacts on CO2 emissions in China: Evidence from nonparametric additive regression models," Energy Economics, Elsevier, vol. 48(C), pages 188-202.
    17. Grossman, G.M & Krueger, A.B., 1991. "Environmental Impacts of a North American Free Trade Agreement," Papers 158, Princeton, Woodrow Wilson School - Public and International Affairs.
    18. Buhari Dogan & Nader Trabelsi & Rabeh Khalfaoui & Sudeshna Ghosh & Umer Shahzad, 2022. "Role of Ethnic Diversity, Temperature Changes, and Socio-Economic Conditions for Residential Energy Use and Energy Expenditures: Evidence from the United States," Post-Print hal-03797564, HAL.
    19. Muhammad Shahbaz & Mantu Kumar Mahalik & Syed Jawad Hussain Shahzad & Shawkat Hammoudeh, 2019. "Testing the globalization-driven carbon emissions hypothesis: International evidence," International Economics, CEPII research center, issue 158, pages 25-38.
    20. Pinglin He & Qiao Ya & Long Chengfeng & Yuan Yuan & Chen Xiao, 2021. "Nexus between Environmental Tax, Economic Growth, Energy Consumption, and Carbon Dioxide Emissions: Evidence from China, Finland, and Malaysia Based on a Panel-ARDL Approach," Emerging Markets Finance and Trade, Taylor & Francis Journals, vol. 57(3), pages 698-712, February.
    21. Si Mohammed, Kamel & Khalfaoui, Rabeh & Doğan, Buhari & Sharma, Gagan Deep & Mentel, Urszula, 2023. "The reaction of the metal and gold resource planning in the post-COVID-19 era and Russia-Ukrainian conflict: Role of fossil fuel markets for portfolio hedging strategies," Resources Policy, Elsevier, vol. 83(C).
    22. Miguel Angel Esquivias & Lilik Sugiharti & Hilda Rohmawati & Omar Rojas & Narayan Sethi, 2022. "Nexus between Technological Innovation, Renewable Energy, and Human Capital on the Environmental Sustainability in Emerging Asian Economies: A Panel Quantile Regression Approach," Energies, MDPI, vol. 15(7), pages 1-16, March.
    23. Joakim Westerlund, 2007. "Testing for Error Correction in Panel Data," Oxford Bulletin of Economics and Statistics, Department of Economics, University of Oxford, vol. 69(6), pages 709-748, December.
    24. Yurtkuran, Suleyman, 2021. "The effect of agriculture, renewable energy production, and globalization on CO2 emissions in Turkey: A bootstrap ARDL approach," Renewable Energy, Elsevier, vol. 171(C), pages 1236-1245.
    25. Hameed, Shahzad & Wei, Wei & Farrukh, Muhammad Umer & Li, Shuangyan & Ilyas, Muhammad & ul-Haq, Inam, 2023. "Revisiting the asymmetric outcome of renewable and nonrenewable energy on environmental quality in South and East Asia: An application of a broad-spectrum approach," Renewable Energy, Elsevier, vol. 203(C), pages 81-88.
    26. Salim, Ruhul A. & Hassan, Kamrul & Shafiei, Sahar, 2014. "Renewable and non-renewable energy consumption and economic activities: Further evidence from OECD countries," Energy Economics, Elsevier, vol. 44(C), pages 350-360.
    27. Mohammed Abumunshar & Mehmet Aga & Ahmed Samour, 2020. "Oil Price, Energy Consumption, and CO 2 Emissions in Turkey. New Evidence from a Bootstrap ARDL Test," Energies, MDPI, vol. 13(21), pages 1-15, October.
    28. Marselina & Tri Joko Prasetyo, 2023. "Does the Environmental Kuznets Curve Phenomenon Happening in High, Medium, and Low Income Countries?," International Journal of Energy Economics and Policy, Econjournals, vol. 13(1), pages 544-551, January.
    29. Caglar, Abdullah Emre & Askin, Bekir Emre, 2023. "A path towards green revolution: How do competitive industrial performance and renewable energy consumption influence environmental quality indicators?," Renewable Energy, Elsevier, vol. 205(C), pages 273-280.
    30. Nikunj Patel & Bhavesh Patel, 2022. "Integration of stock markets using autoregressive distributed lag bounds test approach," Global Business and Economics Review, Inderscience Enterprises Ltd, vol. 26(1), pages 37-64.
    31. M. Hashem Pesaran, 2021. "General diagnostic tests for cross-sectional dependence in panels," Empirical Economics, Springer, vol. 60(1), pages 13-50, January.
    32. Sarwar, Suleman & Chen, Wei & Waheed, Rida, 2017. "Electricity consumption, oil price and economic growth: Global perspective," Renewable and Sustainable Energy Reviews, Elsevier, vol. 76(C), pages 9-18.
    33. Muhammad Imran & Azlan Zahid & Salma Mouneer & Orhan Özçatalbaş & Shamsheer Ul Haq & Pomi Shahbaz & Muhammad Muzammil & Muhammad Ramiz Murtaza, 2022. "Relationship between Household Dynamics, Biomass Consumption, and Carbon Emissions in Pakistan," Sustainability, MDPI, vol. 14(11), pages 1-16, May.
    34. Menyah, Kojo & Wolde-Rufael, Yemane, 2010. "CO2 emissions, nuclear energy, renewable energy and economic growth in the US," Energy Policy, Elsevier, vol. 38(6), pages 2911-2915, June.
    35. Suleman Sarwar & Dalia Streimikiene & Rida Waheed & Zouheir Mighri, 2021. "Revisiting the empirical relationship among the main targets of sustainable development: Growth, education, health and carbon emissions," Sustainable Development, John Wiley & Sons, Ltd., vol. 29(2), pages 419-440, March.
    36. Adewuyi, Adeolu O. & Awodumi, Olabanji B., 2017. "Renewable and non-renewable energy-growth-emissions linkages: Review of emerging trends with policy implications," Renewable and Sustainable Energy Reviews, Elsevier, vol. 69(C), pages 275-291.
    37. C. Karthikeyan & R. Murugesan, 2022. "A cross-country analysis of the role of service sector in the relationship between CO 2 emissions and economic growth using machine learning techniques," International Journal of Sustainable Economy, Inderscience Enterprises Ltd, vol. 14(4), pages 399-410.
    38. Rabeh Khalfaoui & Heli Arminen & Buhari Doğan & Sudeshna Ghosh, 2023. "Environment-growth nexus and corruption in the MENA region: Novel evidence based on method of moments quantile estimations," Post-Print hal-04296378, HAL.
    39. David Powell, 2022. "Quantile regression with nonadditive fixed effects," Empirical Economics, Springer, vol. 63(5), pages 2675-2691, November.
    40. Muhammad Usman & Rakhshanda Kousar & Muhammad Sohail Amjad Makhdum & Muhammad Rizwan Yaseen & Abdul Majeed Nadeem, 2023. "Do financial development, economic growth, energy consumption, and trade openness contribute to increase carbon emission in Pakistan? An insight based on ARDL bound testing approach," Environment, Development and Sustainability: A Multidisciplinary Approach to the Theory and Practice of Sustainable Development, Springer, vol. 25(1), pages 444-473, January.
    41. Peter Pedroni, 1999. "Critical Values for Cointegration Tests in Heterogeneous Panels with Multiple Regressors," Oxford Bulletin of Economics and Statistics, Department of Economics, University of Oxford, vol. 61(S1), pages 653-670, November.
    42. Shahbaz, Muhammad & Sinha, Avik, 2019. "Environmental Kuznets Curve for CO2 emission: A survey of empirical literature," MPRA Paper 100257, University Library of Munich, Germany, revised 2019.
    43. Buhari Doğan & Oana M. Driha & Daniel Balsalobre Lorente & Umer Shahzad, 2021. "The mitigating effects of economic complexity and renewable energy on carbon emissions in developed countries," Sustainable Development, John Wiley & Sons, Ltd., vol. 29(1), pages 1-12, January.
    44. Kasman, Adnan & Duman, Yavuz Selman, 2015. "CO2 emissions, economic growth, energy consumption, trade and urbanization in new EU member and candidate countries: A panel data analysis," Economic Modelling, Elsevier, vol. 44(C), pages 97-103.
    45. Muhammad Shahbaz & Saleheen Khan & Amjad Ali & Mita Bhattacharya, 2017. "The Impact Of Globalization On Co2 Emissions In China," The Singapore Economic Review (SER), World Scientific Publishing Co. Pte. Ltd., vol. 62(04), pages 929-957, September.
    46. Rahman, Mohammad Mafizur, 2017. "Do population density, economic growth, energy use and exports adversely affect environmental quality in Asian populous countries?," Renewable and Sustainable Energy Reviews, Elsevier, vol. 77(C), pages 506-514.
    47. Kao, Chihwa, 1999. "Spurious regression and residual-based tests for cointegration in panel data," Journal of Econometrics, Elsevier, vol. 90(1), pages 1-44, May.
    48. Joakim Westerlund, 2005. "New Simple Tests for Panel Cointegration," Econometric Reviews, Taylor & Francis Journals, vol. 24(3), pages 297-316.
    49. Hasan, Md. Bokhtiar & Ali, Md. Sumon & Uddin, Gazi Salah & Mahi, Masnun Al & Liu, Yang & Park, Donghyun, 2022. "Is Bangladesh on the right path toward sustainable development? An empirical exploration of energy sources, economic growth, and CO2 discharges nexus," Resources Policy, Elsevier, vol. 79(C).
    50. Arshian Sharif & Najia Saqib & Kangyin Dong & Syed Abdul Rehman Khan, 2022. "Nexus between green technology innovation, green financing, and CO2 emissions in the G7 countries: The moderating role of social globalisation," Sustainable Development, John Wiley & Sons, Ltd., vol. 30(6), pages 1934-1946, December.
    51. Jarque, Carlos M. & Bera, Anil K., 1980. "Efficient tests for normality, homoscedasticity and serial independence of regression residuals," Economics Letters, Elsevier, vol. 6(3), pages 255-259.
    52. You, Wanhai & Zhang, Yue & Lee, Chien-Chiang, 2022. "The dynamic impact of economic growth and economic complexity on CO2 emissions: An advanced panel data estimation," Economic Analysis and Policy, Elsevier, vol. 73(C), pages 112-128.
    53. Ellabban, Omar & Abu-Rub, Haitham & Blaabjerg, Frede, 2014. "Renewable energy resources: Current status, future prospects and their enabling technology," Renewable and Sustainable Energy Reviews, Elsevier, vol. 39(C), pages 748-764.
    54. Ansari, Mohd Arshad, 2022. "Re-visiting the Environmental Kuznets curve for ASEAN: A comparison between ecological footprint and carbon dioxide emissions," Renewable and Sustainable Energy Reviews, Elsevier, vol. 168(C).
    55. Hui Dai & Jamal Mamkhezri & Noman Arshed & Anam Javaid & Sultan Salem & Yousaf Ali Khan, 2022. "Role of Energy Mix in Determining Climate Change Vulnerability in G7 Countries," Sustainability, MDPI, vol. 14(4), pages 1-15, February.
    56. Mohd Shahidan Shaari & Noorazeela Zainol Abidin & Abdul Rahim Ridzuan & Muhammad Saeed Meo, 2021. "The Impacts of Rural Population Growth, Energy use and Economic Growth on CO2 Emissions," International Journal of Energy Economics and Policy, Econjournals, vol. 11(5), pages 553-561.
    57. Feng Qi & Ayman Abu-Rumman & Ata Al Shraah & Iskandar Muda & Rosario Huerta-Soto & Tran Thi Hai Yen & Zulkiflee Abdul-Samad & Mivumbi Michel, 2023. "Moving a step closer towards environmental sustainability in Asian countries: focusing on real income, urbanization, transport infrastructure, and research and development," Economic Research-Ekonomska Istraživanja, Taylor & Francis Journals, vol. 36(2), pages 2111317-211, July.
    58. Blomquist, Johan & Westerlund, Joakim, 2013. "Testing slope homogeneity in large panels with serial correlation," Economics Letters, Elsevier, vol. 121(3), pages 374-378.
    59. M.M. Haris Aslam & Sarwar M. Azhar, 2013. "Globalisation and development: challenges for developing countries," International Journal of Economic Policy in Emerging Economies, Inderscience Enterprises Ltd, vol. 6(2), pages 158-167.
    60. Imad A. Moosa and Kelly Burns, 2022. "The Energy Kuznets Curve: Evidence from Developed and Developing Economies," The Energy Journal, International Association for Energy Economics, vol. 0(Number 6).
    61. Al Mamun, Md. & Sohag, Kazi & Hannan Mia, Md. Abdul & Salah Uddin, Gazi & Ozturk, Ilhan, 2014. "Regional differences in the dynamic linkage between CO2 emissions, sectoral output and economic growth," Renewable and Sustainable Energy Reviews, Elsevier, vol. 38(C), pages 1-11.
    62. Belaïd, Fateh & Zrelli, Maha Harbaoui, 2019. "Renewable and non-renewable electricity consumption, environmental degradation and economic development: Evidence from Mediterranean countries," Energy Policy, Elsevier, vol. 133(C).
    63. Li, Zhigang & Xu, Nan & Yuan, Jia, 2015. "New evidence on trade-environment linkage via air visibility," Economics Letters, Elsevier, vol. 128(C), pages 72-74.
    64. Ebaidalla Mahjoub Ebaidalla & Sana Abusin, 2022. "The Effect of ICT on CO2 Emissions in the GCC Countries: Does Globalization Matter?," International Journal of Energy Economics and Policy, Econjournals, vol. 12(6), pages 56-66, November.
    65. repec:bla:obuest:v:61:y:1999:i:0:p:653-70 is not listed on IDEAS
    66. Artūras Juodis & Simon Reese, 2022. "The Incidental Parameters Problem in Testing for Remaining Cross-Section Correlation," Journal of Business & Economic Statistics, Taylor & Francis Journals, vol. 40(3), pages 1191-1203, June.
    67. Li, Zhihui & Deng, Xiangzheng & Peng, Lu, 2020. "Uncovering trajectories and impact factors of CO2 emissions: A sectoral and spatially disaggregated revisit in Beijing," Technological Forecasting and Social Change, Elsevier, vol. 158(C).
    68. Pardo Martínez, Clara Inés, 2015. "Energy and sustainable development in cities: A case study of Bogotá," Energy, Elsevier, vol. 92(P3), pages 612-621.
    69. Shahbaz, Muhammad & Sarwar, Suleman & Chen, Wei & Malik, Muhammad Nasir, 2017. "Dynamics of electricity consumption, oil price and economic growth: Global perspective," Energy Policy, Elsevier, vol. 108(C), pages 256-270.
    70. Bashir, Muhammad Adnan & Sheng, Bin & Doğan, Buhari & Sarwar, Suleman & Shahzad, Umer, 2020. "Export product diversification and energy efficiency: Empirical evidence from OECD countries," Structural Change and Economic Dynamics, Elsevier, vol. 55(C), pages 232-243.
    71. Payne, James E. & Truong, Huong Hoang Diep & Chu, Lan Khanh & Doğan, Buhari & Ghosh, Sudeshna, 2023. "The effect of economic complexity and energy security on measures of energy efficiency: Evidence from panel quantile analysis," Energy Policy, Elsevier, vol. 177(C).
    72. Muhammad Uzair Ali & Zhimin Gong & Muhammad Ubaid Ali & Fahad Asmi & Rizwanullah Muhammad, 2022. "CO2 emission, economic development, fossil fuel consumption and population density in India, Pakistan and Bangladesh: A panel investigation," International Journal of Finance & Economics, John Wiley & Sons, Ltd., vol. 27(1), pages 18-31, January.
    73. Mohd Shahidan Shaari & Noorazeela Zainol Abidin & Zulkefly Abdul Karim, 2020. "The Impact of Renewable Energy Consumption and Economic Growth on CO2 Emissions: New Evidence using Panel ARDL Study of Selected Countries," International Journal of Energy Economics and Policy, Econjournals, vol. 10(6), pages 617-623.
    74. Kabiru Saidu Musa & Rabiu Maijama’a, 2020. "Economic Growth, Energy Consumption and Environmental Pollution in Nigeria: Evidence from ARDL Approach," Energy Economics Letters, Asian Economic and Social Society, vol. 7(2), pages 61-73.
    75. Waheed, Rida & Sarwar, Suleman & Alsaggaf, Majid Ibrahim, 2023. "Relevance of energy, green and blue factors to achieve sustainable economic growth: Empirical study of Saudi Arabia," Technological Forecasting and Social Change, Elsevier, vol. 187(C).
    76. Nabila Abid & Jianzu Wu & Fayyaz Ahmad & Muhammad Umar Draz & Abbas Ali Chandio & Hui Xu, 2020. "Incorporating Environmental Pollution and Human Development in the Energy-Growth Nexus: A Novel Long Run Investigation for Pakistan," IJERPH, MDPI, vol. 17(14), pages 1-22, July.
    77. Dai, Jiapeng & Ahmed, Zahoor & Sinha, Avik & Pata, Ugur Korkut & Alvarado, Rafael, 2023. "Sustainable green electricity, technological innovation, and ecological footprint: Does democratic accountability moderate the nexus?," Utilities Policy, Elsevier, vol. 82(C).
    78. Recep Ulucak & Danish & Salah Ud‐Din Khan, 2020. "Does information and communication technology affect CO2 mitigation under the pathway of sustainable development during the mode of globalization?," Sustainable Development, John Wiley & Sons, Ltd., vol. 28(4), pages 857-867, July.
    79. Balsalobre, Daniel & Sinha, Avik & Driha, Oana M. & Shujaat Mubarik, Muhammad, 2021. "Assessing the Impacts of Ageing and Natural Resource Extraction on Carbon Emissions: A proposed Policy Framework for European Economies," MPRA Paper 108159, University Library of Munich, Germany, revised 2021.
    80. Ahmad, Mahmood & Dai, Jiapeng & Mehmood, Usman & Abou Houran, Mohamad, 2023. "Renewable energy transition, resource richness, economic growth, and environmental quality: Assessing the role of financial globalization," Renewable Energy, Elsevier, vol. 216(C).
    81. Bashir Muhammad & Sher Khan, 2021. "Understanding the relationship between natural resources, renewable energy consumption, economic factors, globalization and CO2 emissions in developed and developing countries," Natural Resources Forum, Blackwell Publishing, vol. 45(2), pages 138-156, May.
    82. Jianqing Fan & Yuan Liao & Jiawei Yao, 2015. "Power Enhancement in High‐Dimensional Cross‐Sectional Tests," Econometrica, Econometric Society, vol. 83(4), pages 1497-1541, July.
    83. Xu, Jialong & Moslehpour, Massoud & Tran, Trung Kien & Dinh, Khai Cong & Ngo, Thanh Quang & Huy, Pham Quang, 2023. "The role of institutional quality, renewable energy development and trade openness in green finance: Empirical evidence from South Asian countries," Renewable Energy, Elsevier, vol. 207(C), pages 687-692.
    84. Louis Sevitnenyi Nkwatoh, 2022. "Zero-pollution effect and economic development: standard and nested environmental Kuznets curve analyses for West Africa," Environment, Development and Sustainability: A Multidisciplinary Approach to the Theory and Practice of Sustainable Development, Springer, vol. 24(10), pages 11895-11910, October.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Guo, Xiuping & Meng, Xianglei & Luan, Qingfeng & Wang, Yanhua, 2023. "Trade openness, globalization, and natural resources management: The moderating role of economic complexity in newly industrialized countries," Resources Policy, Elsevier, vol. 85(PA).
    2. Zafar, Muhammad Wasif & Shahbaz, Muhammad & Hou, Fujun & Sinha, Avik, 2018. "¬¬¬¬¬¬From Nonrenewable to Renewable Energy and Its Impact on Economic Growth: Silver Line of Research & Development Expenditures in APEC Countries," MPRA Paper 90611, University Library of Munich, Germany, revised 10 Dec 2018.
    3. Umer Jeelanie Banday & Mustafa Kocoglu, 2023. "Modelling Simultaneous Relationships Between Human Development, Energy, and Environment: Fresh Evidence from Panel Quantile Regression," Journal of the Knowledge Economy, Springer;Portland International Center for Management of Engineering and Technology (PICMET), vol. 14(2), pages 1559-1581, June.
    4. Kangyin Dong & Xiucheng Dong & Qingzhe Jiang, 2020. "How renewable energy consumption lower global CO2 emissions? Evidence from countries with different income levels," The World Economy, Wiley Blackwell, vol. 43(6), pages 1665-1698, June.
    5. Tiwari, Sunil & Si Mohammed, Kamel & Guesmi, Khaled, 2023. "A way forward to end energy poverty in China: Role of carbon-cutting targets and net-zero commitments," Energy Policy, Elsevier, vol. 180(C).
    6. Jin, Taeyoung, 2022. "The evolutionary renewable energy and mitigation impact in OECD countries," Renewable Energy, Elsevier, vol. 189(C), pages 570-586.
    7. Aytun, Cengiz & Erdogan, Sinan & Pata, Ugur Korkut & Cengiz, Orhan, 2024. "Associating environmental quality, human capital, financial development and technological innovation in 19 middle-income countries: A disaggregated ecological footprint approach," Technology in Society, Elsevier, vol. 76(C).
    8. Dogan, Eyup & Seker, Fahri, 2016. "The influence of real output, renewable and non-renewable energy, trade and financial development on carbon emissions in the top renewable energy countries," Renewable and Sustainable Energy Reviews, Elsevier, vol. 60(C), pages 1074-1085.
    9. Dogan, Eyup & Seker, Fahri, 2016. "Determinants of CO2 emissions in the European Union: The role of renewable and non-renewable energy," Renewable Energy, Elsevier, vol. 94(C), pages 429-439.
    10. Chen, Chaoyi & Pinar, Mehmet & Stengos, Thanasis, 2020. "Renewable energy consumption and economic growth nexus: Evidence from a threshold model," Energy Policy, Elsevier, vol. 139(C).
    11. Muhammad Farhan Bashir & Benjiang MA & Muhammad Shahbaz & Zhilun Jiao, 2020. "The nexus between environmental tax and carbon emissions with the roles of environmental technology and financial development," PLOS ONE, Public Library of Science, vol. 15(11), pages 1-20, November.
    12. Vural, Gulfer, 2020. "How do output, trade, renewable energy and non-renewable energy impact carbon emissions in selected Sub-Saharan African Countries?," Resources Policy, Elsevier, vol. 69(C).
    13. Chen, Ping-Yu & Chen, Sheng-Tung & Hsu, Chia-Sheng & Chen, Chi-Chung, 2016. "Modeling the global relationships among economic growth, energy consumption and CO2 emissions," Renewable and Sustainable Energy Reviews, Elsevier, vol. 65(C), pages 420-431.
    14. Wang, Mengxia & Hossain, Mohammad Razib & Si Mohammed, Kamel & Cifuentes-Faura, Javier & Cai, Xiaotong, 2023. "Heterogenous Effects of Circular Economy, Green energy and Globalization on CO2 emissions: Policy based analysis for sustainable development," Renewable Energy, Elsevier, vol. 211(C), pages 789-801.
    15. Kostakis, Ioannis & Arauzo-Carod, Josep-Maria, 2023. "The key roles of renewable energy and economic growth in disaggregated environmental degradation: Evidence from highly developed, heterogeneous and cross-correlated countries," Renewable Energy, Elsevier, vol. 206(C), pages 1315-1325.
    16. Payne, James E. & Truong, Huong Hoang Diep & Chu, Lan Khanh & Doğan, Buhari & Ghosh, Sudeshna, 2023. "The effect of economic complexity and energy security on measures of energy efficiency: Evidence from panel quantile analysis," Energy Policy, Elsevier, vol. 177(C).
    17. Francisco García-Lillo & Eduardo Sánchez-García & Bartolomé Marco-Lajara & Pedro Seva-Larrosa, 2023. "Renewable Energies and Sustainable Development: A Bibliometric Overview," Energies, MDPI, vol. 16(3), pages 1-22, January.
    18. Shahbaz, Muhammad & Raghutla, Chandrashekar & Chittedi, Krishna Reddy & Jiao, Zhilun & Vo, Xuan Vinh, 2020. "The effect of renewable energy consumption on economic growth: Evidence from the renewable energy country attractive index," Energy, Elsevier, vol. 207(C).
    19. Abdelaziz Boukhelkhal, 2022. "Energy use, economic growth and CO2 emissions in Africa: does the environmental Kuznets curve hypothesis exist? New evidence from heterogeneous panel under cross-sectional dependence," Environment, Development and Sustainability: A Multidisciplinary Approach to the Theory and Practice of Sustainable Development, Springer, vol. 24(11), pages 13083-13110, November.
    20. Lau, Lin-Sea & Choong, Chee-Keong & Ng, Cheong-Fatt & Liew, Feng-Mei & Ching, Suet-Ling, 2019. "Is nuclear energy clean? Revisit of Environmental Kuznets Curve hypothesis in OECD countries," Economic Modelling, Elsevier, vol. 77(C), pages 12-20.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:eee:jrpoli:v:86:y:2023:i:pb:s0301420723008875. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Catherine Liu (email available below). General contact details of provider: http://www.elsevier.com/locate/inca/30467 .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.