Pathways to sustainability: Evaluating the impact of green energy, natural resources, FinTech, and environmental policies in resource-abundant countries
Author
Abstract
Suggested Citation
DOI: 10.1016/j.resourpol.2024.105264
Download full text from publisher
As the access to this document is restricted, you may want to search for a different version of it.
References listed on IDEAS
- M. Hashem Pesaran, 2021.
"General diagnostic tests for cross-sectional dependence in panels,"
Empirical Economics, Springer, vol. 60(1), pages 13-50, January.
- Pesaran, M.H., 2004. "‘General Diagnostic Tests for Cross Section Dependence in Panels’," Cambridge Working Papers in Economics 0435, Faculty of Economics, University of Cambridge.
- Pesaran, M. Hashem, 2004. "General Diagnostic Tests for Cross Section Dependence in Panels," IZA Discussion Papers 1240, Institute of Labor Economics (IZA).
- M. Hashem Pesaran, 2004. "General Diagnostic Tests for Cross Section Dependence in Panels," CESifo Working Paper Series 1229, CESifo.
- Hashem Pesaran, M. & Yamagata, Takashi, 2008.
"Testing slope homogeneity in large panels,"
Journal of Econometrics, Elsevier, vol. 142(1), pages 50-93, January.
- Pesaran, M.H. & Yamagata. T., 2005. "Testing Slope Homogeneity in Large Panels," Cambridge Working Papers in Economics 0513, Faculty of Economics, University of Cambridge.
- M. Hashem Pesaran & Takashi Yamagata, 2005. "Testing Slope Homogeneity in Large Panels," IEPR Working Papers 05.14, Institute of Economic Policy Research (IEPR).
- M. Hashem Pesaran & Takashi Yamagata, 2005. "Testing Slope Homogeneity in Large Panels," CESifo Working Paper Series 1438, CESifo.
- Kapetanios, G. & Pesaran, M. Hashem & Yamagata, T., 2011.
"Panels with non-stationary multifactor error structures,"
Journal of Econometrics, Elsevier, vol. 160(2), pages 326-348, February.
- Kapetanios, G. & Pesaran, M.H. & Yamagata, T., 2006. "Panels with Nonstationary Multifactor Error Structures," Cambridge Working Papers in Economics 0651, Faculty of Economics, University of Cambridge.
- G. Kapetanios & M. Hashem Pesaran & T. Yamagata, 2010. "Panels with nonstationary multifactor error structures," Post-Print hal-00768190, HAL.
- George Kapetanios & M. Hashem Pesaran & Takashi Yamagata, 2006. "Panels with Nonstationary Multifactor Error Structures," Working Papers 569, Queen Mary University of London, School of Economics and Finance.
- Kapetanios, George & Pesaran, M. Hashem & Yamagata, Takashi, 2006. "Panels with Nonstationary Multifactor Error Structures," IZA Discussion Papers 2243, Institute of Labor Economics (IZA).
- George Kapetanios & M. Hashem Pesaran & Takashi Yamagata, 2006. "Panels with Nonstationary Multifactor Error Structures," CESifo Working Paper Series 1788, CESifo.
- Asongu, Simplice A & Odhiambo, Nicholas M, 2019.
"Governance,CO2 emissions and inclusive human development in Sub-Saharan Africa,"
Working Papers
25253, University of South Africa, Department of Economics.
- Simplice A. Asongu & Nicholas M. Odhiambo, 2019. "Governance, CO2 emissions and Inclusive Human Development in Sub-Saharan Africa," CEREDEC Working Papers 19/011, Centre de Recherche pour le Développement Economique (CEREDEC).
- Simplice A. Asongu & Nicholas M. Odhiambo, 2019. "Governance, CO2 emissions and Inclusive Human Development in Sub-Saharan Africa," Working Papers of the African Governance and Development Institute. 19/011, African Governance and Development Institute..
- Simplice A. Asongu & Nicholas M. Odhiambo, 2019. "Governance, CO2 emissions and Inclusive Human Development in Sub-Saharan Africa," Research Africa Network Working Papers 19/011, Research Africa Network (RAN).
- Asongu, Simplice & Odhiambo, Nicholas, 2019. "Governance, CO2 emissions and Inclusive Human Development in Sub-Saharan Africa," MPRA Paper 93660, University Library of Munich, Germany.
- Simplice A. Asongu & Nicholas M. Odhiambo, 2019. "Governance, CO2 emissions and Inclusive Human Development in Sub-Saharan Africa," Working Papers 19/011, European Xtramile Centre of African Studies (EXCAS).
- 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.
- Westerlund, Joakim, 2005. "Testing for Error Correction in Panel Data," Working Papers 2005:11, Lund University, Department of Economics.
- Westerlund, J., 2006. "Testing for error correction in panel data," Research Memorandum 056, Maastricht University, Maastricht Research School of Economics of Technology and Organization (METEOR).
- Yugang He & Xiang Li & Panpan Huang & Jingnan Wang, 2022. "Exploring the Road toward Environmental Sustainability: Natural Resources, Renewable Energy Consumption, Economic Growth, and Greenhouse Gas Emissions," Sustainability, MDPI, vol. 14(3), pages 1-16, January.
- Ren, Siyu & Hao, Yu & Xu, Lu & Wu, Haitao & Ba, Ning, 2021. "Digitalization and energy: How does internet development affect China's energy consumption?," Energy Economics, Elsevier, vol. 98(C).
- Zhang, Chuanguo & Zhou, Xiangxue, 2016. "Does foreign direct investment lead to lower CO2 emissions? Evidence from a regional analysis in China," Renewable and Sustainable Energy Reviews, Elsevier, vol. 58(C), pages 943-951.
- Danish, & Ulucak, Recep & Baloch, Muhammad Awais, 2023. "An empirical approach to the nexus between natural resources and environmental pollution: Do economic policy and environmental-related technologies make any difference?," Resources Policy, Elsevier, vol. 81(C).
- Chudik, Alexander & Pesaran, M. Hashem, 2015.
"Common correlated effects estimation of heterogeneous dynamic panel data models with weakly exogenous regressors,"
Journal of Econometrics, Elsevier, vol. 188(2), pages 393-420.
- Pesaran, Hashem & Chudik, Alexander, 2013. "Common Correlated Effects Estimation of Heterogeneous Dynamic Panel Data Models with Weakly Exogenous Regressors," Cambridge Working Papers in Economics 1317, Faculty of Economics, University of Cambridge.
- Alexander Chudik & M. Hashem Pesaran, 2013. "Common correlated effects estimation of heterogeneous dynamic panel data models with weakly exogenous regressors," Globalization Institute Working Papers 146, Federal Reserve Bank of Dallas.
- Alexander Chudik & M. Hashem Pesaran, 2013. "Common Correlated Effects Estimation of Heterogeneous Dynamic Panel Data Models with Weakly Exogenous Regressors," CESifo Working Paper Series 4232, CESifo.
- Francis Teal & Markus Eberhardt, 2010.
"Productivity Analysis in Global Manufacturing Production,"
Economics Series Working Papers
515, University of Oxford, Department of Economics.
- Markus Eberhardt & Francis Teal, 2010. "Productivity Analysis in Global Manufacturing Production," DEGIT Conference Papers c015_019, DEGIT, Dynamics, Economic Growth, and International Trade.
- 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.
- Zacharoula Andreopoulou & Christiana Koliouska & Emilios C. C Galariotis & Constantin Zopounidis, 2018. "Renewable energy sources: Using PROMETHEE II for ranking websites to support market opportunities," Post-Print hal-02879860, HAL.
- Fu, Zheng & Chen, Zhiguo & Sharif, Arshian & Razi, Ummara, 2022. "The role of financial stress, oil, gold and natural gas prices on clean energy stocks: Global evidence from extreme quantile approach," Resources Policy, Elsevier, vol. 78(C).
- Pesaran, M. Hashem & Vanessa Smith, L. & Yamagata, Takashi, 2013.
"Panel unit root tests in the presence of a multifactor error structure,"
Journal of Econometrics, Elsevier, vol. 175(2), pages 94-115.
- Pesaran, M.H. & Smit, L.V. & Yamagata, T., 2007. "Panel Unit Root Tests in the Presence of a Multifactor Error Structure," Cambridge Working Papers in Economics 0775, Faculty of Economics, University of Cambridge.
- Pesaran, M. Hashem & Smith, L. Vanessa & Yamagata, Takashi, 2007. "Panel Unit Root Tests in the Presence of a Multifactor Error Structure," IZA Discussion Papers 3254, Institute of Labor Economics (IZA).
- M. Hashem Pesaran & L. Vanessa Smith & Takashi Yamagata, 2008. "Panel Unit Root Tests in the Presence of a Multifactor Error Structure," CESifo Working Paper Series 2193, CESifo.
- M. Hashem Pesaran & L. Vanessa Smith & Takashi Yamagata, 2008. "Panel Unit Root Tests in the Presence of a Multifactor Error Structure," Discussion Papers 08/03, Department of Economics, University of York.
- Fan, Fei & Dai, Shangze & Yang, Bo & Ke, Haiqian, 2023. "Urban density, directed technological change, and carbon intensity: An empirical study based on Chinese cities," Technology in Society, Elsevier, vol. 72(C).
- Wang, Chen & Raza, Syed Ali & Adebayo, Tomiwa Sunday & Yi, Sun & Shah, Muhammad Ibrahim, 2023. "The roles of hydro, nuclear and biomass energy towards carbon neutrality target in China: A policy-based analysis," Energy, Elsevier, vol. 262(PA).
- Eberhardt, Markus & Teal, Francis, 2008.
"Modeling technology and technological change in manufacturing: how do countries differ?,"
MPRA Paper
10690, University Library of Munich, Germany.
- Francis Teal & Markus Eberhardt, 2010. "Productivity Analysis in Global Manufacturing Production," Economics Series Working Papers 515, University of Oxford, Department of Economics.
- Markus Eberhardt & Francis Teal, 2008. "Modeling Technology and Technological Change in Manufacturing: How do Countries Differ?," CSAE Working Paper Series 2008-12, Centre for the Study of African Economies, University of Oxford.
- Costa-Campi, María Teresa & García-Quevedo, José & Segarra, Agustí, 2015.
"Energy efficiency determinants: An empirical analysis of Spanish innovative firms,"
Energy Policy, Elsevier, vol. 83(C), pages 229-239.
- María Teresa Costa & José García-Quevedo & Agustí Segarra, 2014. "Energy efficiency determinants: an empirical analysis of Spanish innovative firms," Working Papers 2014/10, Institut d'Economia de Barcelona (IEB).
- Pata, Ugur Korkut & Isik, Cem, 2021. "Determinants of the load capacity factor in China: A novel dynamic ARDL approach for ecological footprint accounting," Resources Policy, Elsevier, vol. 74(C).
- Usman, Muhammad & Jahanger, Atif & Makhdum, Muhammad Sohail Amjad & Balsalobre-Lorente, Daniel & Bashir, Adnan, 2022. "How do financial development, energy consumption, natural resources, and globalization affect Arctic countries' economic growth and environmental quality? An advanced panel data simulation," Energy, Elsevier, vol. 241(C).
- Majeed, Abdul & Wang, Lijun & Zhang, Xiaohui & Muniba, & Kirikkaleli, Dervis, 2021. "Modeling the dynamic links among natural resources, economic globalization, disaggregated energy consumption, and environmental quality: Fresh evidence from GCC economies," Resources Policy, Elsevier, vol. 73(C).
- Liu, Jiali & Zhou, Haibo & Chen, Feng & Yu, Jiang, 2022. "The coevolution of innovation ecosystems and the strategic growth paths of knowledge-intensive enterprises: The case of China’s integrated circuit design industry," Journal of Business Research, Elsevier, vol. 144(C), pages 428-439.
- T. S. Breusch & A. R. Pagan, 1980.
"The Lagrange Multiplier Test and its Applications to Model Specification in Econometrics,"
The Review of Economic Studies, Review of Economic Studies Ltd, vol. 47(1), pages 239-253.
- Breusch, T.S. & Pagan, A.R., 1980. "The Lagrange multiplier test and its applications to model specification in econometrics," LIDAM Reprints CORE 412, Université catholique de Louvain, Center for Operations Research and Econometrics (CORE).
- Markus Eberhardt, 2012. "Estimating panel time-series models with heterogeneous slopes," Stata Journal, StataCorp LP, vol. 12(1), pages 61-71, March.
- Tang, Chang & Irfan, Muhammad & Razzaq, Asif & Dagar, Vishal, 2022. "Natural resources and financial development: Role of business regulations in testing the resource-curse hypothesis in ASEAN countries," Resources Policy, Elsevier, vol. 76(C).
- Pradhan, Basanta K. & Ghosh, Joydeep, 2022. "A computable general equilibrium (CGE) assessment of technological progress and carbon pricing in India's green energy transition via furthering its renewable capacity," Energy Economics, Elsevier, vol. 106(C).
- Hosseini, Seyed Ehsan & Wahid, Mazlan Abdul, 2016. "Hydrogen production from renewable and sustainable energy resources: Promising green energy carrier for clean development," Renewable and Sustainable Energy Reviews, Elsevier, vol. 57(C), pages 850-866.
- Jahanger, Atif & Usman, Muhammad & Murshed, Muntasir & Mahmood, Haider & Balsalobre-Lorente, Daniel, 2022. "The linkages between natural resources, human capital, globalization, economic growth, financial development, and ecological footprint: The moderating role of technological innovations," Resources Policy, Elsevier, vol. 76(C).
- Ivan A. Duran & Najia Saqib & Haider Mahmood, 2023. "Assessing the Connection between Nuclear and Renewable Energy on Ecological Footprint within the EKC Framework: Implications for Sustainable Policy in Leading Nuclear Energy-producing Countries," International Journal of Energy Economics and Policy, Econjournals, vol. 13(2), pages 256-264, March.
- Andrew Adewale Alola & Oktay Özkan & Ojonugwa Usman, 2023. "Role of Non-Renewable Energy Efficiency and Renewable Energy in Driving Environmental Sustainability in India: Evidence from the Load Capacity Factor Hypothesis," Energies, MDPI, vol. 16(6), pages 1-16, March.
- Andreopoulou, Zacharoula & Koliouska, Christiana & Galariotis, Emilios & Zopounidis, Constantin, 2018. "Renewable energy sources: Using PROMETHEE II for ranking websites to support market opportunities," Technological Forecasting and Social Change, Elsevier, vol. 131(C), pages 31-37.
- Khan, Zeeshan & Ali, Muhsin & Jinyu, Liu & Shahbaz, Muhammad & Siqun, Yang, 2020. "Consumption-based carbon emissions and trade nexus: Evidence from nine oil exporting countries," Energy Economics, Elsevier, vol. 89(C).
- Pao, Hsiao-Tien & Li, Yi-Ying & Hsin-Chia Fu,, 2014. "Clean energy, non-clean energy, and economic growth in the MIST countries," Energy Policy, Elsevier, vol. 67(C), pages 932-942.
- Hossain, Md. Emran & Islam, Md. Sayemul & Bandyopadhyay, Arunava & Awan, Ashar & Hossain, Mohammad Razib & Rej, Soumen, 2022. "Mexico at the crossroads of natural resource dependence and COP26 pledge: Does technological innovation help?," Resources Policy, Elsevier, vol. 77(C).
- Eberhardt, Markus & Bond, Stephen, 2009. "Cross-section dependence in nonstationary panel models: a novel estimator," MPRA Paper 17692, University Library of Munich, Germany.
- Abdullah Emre Caglar & Bulent Guloglu & Ayfer Gedikli, 2022. "Moving towards sustainable environmental development for BRICS: Investigating the asymmetric effect of natural resources on CO2," Sustainable Development, John Wiley & Sons, Ltd., vol. 30(5), pages 1313-1325, October.
Citations
Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
Cited by:
- Kolthoom Alkofahi & Ivan A. Duran & Najia Saqib, 2024. "Net-Zero Emissions Pathways in BRICS Economies: The Impact of Environmental Innovations, Policy, and Human Capital on Carbon Footprint Reduction," International Journal of Energy Economics and Policy, Econjournals, vol. 14(6), pages 106-113, November.
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.- Ni, Zehua & Yang, Jingyi & Razzaq, Asif, 2022. "How do natural resources, digitalization, and institutional governance contribute to ecological sustainability through load capacity factors in highly resource-consuming economies?," Resources Policy, Elsevier, vol. 79(C).
- Saqib, Najia & Ozturk, Ilhan & Sharif, Arshian & Cichoń, Dariusz, 2024. "Enhancing sustainable energy: Mineral exports, financial development, and foreign investment can build a greener future?," Resources Policy, Elsevier, vol. 97(C).
- Jahanger, Atif & Usman, Muhammad & Kousar, Rakhshanda & Balsalobre-Lorente, Daniel, 2023. "Implications for optimal abatement path through the deployment of natural resources, human development, and energy consumption in the era of digitalization," Resources Policy, Elsevier, vol. 86(PB).
- Liang, Jinhao & Razzaq, Asif & Sharif, Arshian & Irfan, Muhammad, 2022. "Revisiting economic and non-economic indicators of natural resources: Analysis of developed economies," Resources Policy, Elsevier, vol. 77(C).
- Alvarado, Rafael & Tillaguango, Brayan & Murshed, Muntasir & Ochoa-Moreno, Santiago & Rehman, Abdul & Işık, Cem & Alvarado-Espejo, Johana, 2022. "Impact of the informal economy on the ecological footprint: The role of urban concentration and globalization," Economic Analysis and Policy, Elsevier, vol. 75(C), pages 750-767.
- Li, Tianqun & Chen, Yuhan & Zhou, Liangxiao, 2023. "Impact of trade, technology, and tourism on resources depletion across Belt and Road Node countries," Resources Policy, Elsevier, vol. 83(C).
- Ahmad, Mahmood & Jiang, Ping & Majeed, Abdul & Umar, Muhammad & Khan, Zeeshan & Muhammad, Sulaman, 2020. "The dynamic impact of natural resources, technological innovations and economic growth on ecological footprint: An advanced panel data estimation," Resources Policy, Elsevier, vol. 69(C).
- Tang, Pengzhu & Ma, Houyun & Sun, Yuanyuan & Xu, Xiaowan, 2024. "Exploring the role of Fintech, Green Finance and Natural Resources towards Environmental Sustainability: A study on ASEAN economies," Resources Policy, Elsevier, vol. 94(C).
- 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.
- Sencer Atasoy, Burak, 2017. "Testing the environmental Kuznets curve hypothesis across the U.S.: Evidence from panel mean group estimators," Renewable and Sustainable Energy Reviews, Elsevier, vol. 77(C), pages 731-747.
- Jahanger, Atif & Yu, Yang & Hossain, Mohammad Razib & Murshed, Muntasir & Balsalobre-Lorente, Daniel & Khan, Uzma, 2022. "Going away or going green in NAFTA nations? Linking natural resources, energy utilization, and environmental sustainability through the lens of the EKC hypothesis," Resources Policy, Elsevier, vol. 79(C).
- Olivier Damette & Mathilde Maurel & Michael A. Stemmer, 2016.
"What does it take to grow out of recession? An error-correction approach towards growth convergence of European and transition countries,"
Post-Print
halshs-01318131, HAL.
- Olivier Damette & Mathilde Maurel & Michael A. Stemmer, 2016. "What does it take to grow out of recession? An error-correction approach towards growth convergence of European and transition countries," Université Paris1 Panthéon-Sorbonne (Post-Print and Working Papers) halshs-01318131, HAL.
- Olivier Damette & Mathilde Maurel & Michael A. Stemmer, 2016. "What does it take to grow out of recession? An error-correction approach towards growth convergence of European and transition countries," Documents de travail du Centre d'Economie de la Sorbonne 16041, Université Panthéon-Sorbonne (Paris 1), Centre d'Economie de la Sorbonne.
- Li, Xuelin & Yang, Lin, 2023. "Natural resources, remittances and carbon emissions: A Dutch Disease perspective with remittances for South Asia," Resources Policy, Elsevier, vol. 85(PB).
- Fang, Shuya & Fang, Wei, 2023. "How fiscal decentralization and trade diversification influence sustainable development: Moderating role of resources dependency," Resources Policy, Elsevier, vol. 84(C).
- Adolfo Maza & Paula Gutiérrez-Portilla, 2022.
"Outward FDI and exports relation: A heterogeneous panel approach dealing with cross-sectional dependence,"
International Economics, CEPII research center, issue 170, pages 174-189.
- Maza, Adolfo & Gutiérrez-Portilla, Paula, 2022. "Outward FDI and exports relation: A heterogeneous panel approach dealing with cross-sectional dependence," International Economics, Elsevier, vol. 170(C), pages 174-189.
- Quynh Chau Pham Holland & Benjamin Liu & Eduardo Roca, 2019. "International funding cost and heterogeneous mortgage interest-rate pass-through: a bank-level analysis," Empirical Economics, Springer, vol. 57(4), pages 1255-1289, October.
- Trofimov, Ivan D., 2020. "Is There a J-Curve Effect in the Services Trade in Canada? A Panel Data Analysis," MPRA Paper 106704, University Library of Munich, Germany.
- Shahbaz, Muhammad & Nwani, Chinazaekpere & Bekun, Festus Victor & Gyamfi, Bright Akwasi & Agozie, Divine Q., 2022. "Discerning the role of renewable energy and energy efficiency in finding the path to cleaner consumption and production patterns: New insights from developing economies," Energy, Elsevier, vol. 260(C).
- Peñasco, Cristina & del Río, Pablo & Romero-Jordán, Desiderio, 2017. "Gas and electricity demand in Spanish manufacturing industries: An analysis using homogeneous and heterogeneous estimators," Utilities Policy, Elsevier, vol. 45(C), pages 45-60.
- Lazăr, Dorina & Minea, Alexandru & Purcel, Alexandra-Anca, 2019.
"Pollution and economic growth: Evidence from Central and Eastern European countries,"
Energy Economics, Elsevier, vol. 81(C), pages 1121-1131.
- Dorina Lazăr & Alexandru Minea & Alexandra-Anca Purcel, 2019. "Pollution and economic growth: Evidence from Central and Eastern European countries," Post-Print hal-03182346, HAL.
More about this item
Keywords
Load capacity factor; Natural resource rent; Fintech; Green energy transition; Environmental policies; CSARDL;All these keywords.
Statistics
Access and download statisticsCorrections
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:97:y:2024:i:c:s0301420724006317. 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.