IDEAS home Printed from https://ideas.repec.org/a/taf/jenpmg/v64y2021i6p999-1020.html
   My bibliography  Save this article

The role of tourism, and natural resources in the energy-pollution-growth nexus: an analysis of belt and road initiative countries

Author

Listed:
  • Xiaohai Sun
  • Yang Chenggang
  • Anwar Khan
  • Jamal Hussain
  • Sadia Bano

Abstract

The current study brings natural resources, and tourism into the energy-growth, and environment nexus using the STIRPAT model for 88 BRI countries over 1995–2015. Considering the endogeneity, cross-sectional dependence, and slope homogeneity, this study employed dynamic GMM and D&K estimators for three distinct structural equations. For the CO2 equation, the empirical outcomes supported the EKC, energy lead emission, natural resource-based CO2 emissions, and tourism-led CO2 emissions, and on the other hand, renewable energy helps to curb environmental degradation. For the GDP equation, the role of energy, CO2 emissions, tourism development, and renewable energy is positive and contributes significantly to economic growth. The impact of natural resources is negative and significant, thus postulating the “resource curse phenomenon” in BRI countries. For the energy equation, CO2, GDP, and natural resources are escalating energy consumption; while, renewable energy is negatively affecting energy, which indicates that growth in renewable energy tends to discourage the consumption of fossil fuel-based energy in the BRI countries.

Suggested Citation

  • Xiaohai Sun & Yang Chenggang & Anwar Khan & Jamal Hussain & Sadia Bano, 2021. "The role of tourism, and natural resources in the energy-pollution-growth nexus: an analysis of belt and road initiative countries," Journal of Environmental Planning and Management, Taylor & Francis Journals, vol. 64(6), pages 999-1020, May.
    • Handle: RePEc:taf:jenpmg:v:64:y:2021:i:6:p:999-1020
    DOI: 10.1080/09640568.2020.1796607
    as

    Download full text from publisher

    File URL: http://hdl.handle.net/10.1080/09640568.2020.1796607
    Download Restriction: Access to full text is restricted to subscribers.
    File URL: https://libkey.io/10.1080/09640568.2020.1796607?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.

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Tzai-Chiao Lee & Muhammad Khalid Anser & Abdelmohsen A. Nassani & Mohamed Haffar & Khalid Zaman & Muhammad Moinuddin Qazi Abro, 2021. "Managing Natural Resources through Sustainable Environmental Actions: A Cross-Sectional Study of 138 Countries," Sustainability, MDPI, vol. 13(22), pages 1-19, November.
    2. 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).
    3. Bai, Chengyu, 2024. "Financial development for sustainable resource efficiency: Fostering green growth in natural resource markets," Resources Policy, Elsevier, vol. 89(C).
    4. Abderrazek Ben Hamouda, 2023. "Revisiting the Causality between Oil Prices and Stock Markets in Selected MENA Countries: A Bootstrap Rolling-window Approach," International Journal of Economics and Financial Issues, Econjournals, vol. 13(5), pages 109-118, September.
    5. Su, Yong & Dong, Yue & Ullah, Mirzat & Li, Nanbo, 2024. "Utilizing natural resource efficiency at the core of green economic growth in the Anthropocene," Resources Policy, Elsevier, vol. 90(C).
    6. Peng Yuelan & Muhammad Waqas Akbar & Zeenat Zia & Muhammad Imran Arshad, 2022. "Exploring the nexus between tax revenues, government expenditures, and climate change: empirical evidence from Belt and Road Initiative countries," Economic Change and Restructuring, Springer, vol. 55(3), pages 1365-1395, August.
    7. Uktam Umurzakov & Shakhnoza Tosheva & Raufhon Salahodjaev, 2023. "Tourism and Sustainable Economic Development: Evidence from Belt and Road Countries," Journal of the Knowledge Economy, Springer;Portland International Center for Management of Engineering and Technology (PICMET), vol. 14(1), pages 503-516, March.
    8. Jiang, Qingquan & Rahman, Zia Ur & Zhang, Xiaosan & Guo, Zhiqin & Xie, Qiaosheng, 2022. "An assessment of the impact of natural resources, energy, institutional quality, and financial development on CO2 emissions: Evidence from the B&R nations," Resources Policy, Elsevier, vol. 76(C).
    9. Sidong Zhao & Yiran Yan & Jing Han, 2021. "Industrial Land Change in Chinese Silk Road Cities and Its Influence on Environments," Land, MDPI, vol. 10(8), pages 1-30, July.
    10. Riadh El Abed & Noura Harboub, 2022. "Time varying causality between Economic policy uncertainty and stock prices in BRIC countries: A rolling-window bootstrap approach," Economics Bulletin, AccessEcon, vol. 42(4), pages 1767-1781.
    11. Liu, Yang & Wang, Jianda & Dong, Kangyin & Taghizadeh-Hesary, Farhad, 2023. "How does natural resource abundance affect green total factor productivity in the era of green finance? Global evidence," Resources Policy, Elsevier, vol. 81(C).
    12. Amna Zardoub, 2024. "Time Varying Causality between Oil Price and Precious Metals : Bootstrap Rolling Windows Granger Causality Approach," International Journal of Energy Economics and Policy, Econjournals, vol. 14(4), pages 344-351, July.
    13. Sun, Chuanwang & Khan, Anwar & Cai, Weiyi, 2024. "The response of energy aid and natural resources consumption in load capacity factor of the Asia Pacific emerging countries," Energy Policy, Elsevier, vol. 190(C).
    14. Riadh El Abed & Abderrazek Ben Hamouda, 2024. "Time Frequency and Co-movements between Global Economic Policy Uncertainty, Precious Metals and Agricultural Prices: A Wavelet Coherence Analysis and Bootstrap Rolling Window Granger Causality," International Journal of Energy Economics and Policy, Econjournals, vol. 14(2), pages 546-561, March.
    15. Liao, Xiaoli & Nawi, Hafizah Mat & An, Pham Hoang & Mabrouk, Fatma & Kholikova, Rukhsora & Arnone, Gioia & Sahawneh, Nizar M.F., 2024. "Influence of fintech, natural resources, and energy transition on environmental degradation of BRICS countries: Moderating role of human capital," Resources Policy, Elsevier, vol. 92(C).
    16. Liu, Xiaolian & Udemba, Edmund Ntom & Emir, Firat & Hussain, Sadam & Khan, Nazakat Ullah & Abdallah, Ibrahim, 2024. "Nexus between resource policy, renewable energy policy and export diversification: Asymmetric study of environment quality towards sustainable development," Resources Policy, Elsevier, vol. 88(C).
    17. Shi, Lumin & Udemba, Edmund Ntom & Emir, Firat & Khan, Nazakat Ullah & Hussain, Sadam & Boukhris, Imed, 2023. "Mediating role of finance amidst resource and energy policies in carbon control: A sustainable development study of Saudi Arabia," Resources Policy, Elsevier, vol. 82(C).

    More about this item

    Statistics

    Access and download statistics

    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:taf:jenpmg:v:64:y:2021:i:6:p:999-1020. 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.

    We have no bibliographic references for this item. You can help adding them by using 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: Chris Longhurst (email available below). General contact details of provider: http://www.tandfonline.com/CJEP20 .

    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.