Muhammad Farhan Bashir , Madiha Bashir , Luqman Shahzad
{"title":"Natural resource abundance, digitalization and institutional governance: The critical challenges towards net-zero transformation","authors":"Muhammad Farhan Bashir , Madiha Bashir , Luqman Shahzad","doi":"10.1016/j.resourpol.2024.105412","DOIUrl":null,"url":null,"abstract":"<div><div>Amidst the efforts to balance economic growth and climate change concerns, natural resource consumption accounts for environmental degradation. The current study deliberates on ecological sustainability by examining how natural resource consumption, digitalization, and institutional governance impact environmental degradation in natural resource-dependent economies. Our econometric findings from CS-ARDL report that natural resource consumption and economic growth lead to environmental deterioration, while digitalization developments and institutional governance safeguard environmental sustainability. Similar findings are endorsed by robustness analysis to help propose novel environmental policy frameworks.</div></div>","PeriodicalId":20970,"journal":{"name":"Resources Policy","volume":"99 ","pages":"Article 105412"},"PeriodicalIF":10.2000,"publicationDate":"2024-12-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"0","resultStr":null,"platform":"Semanticscholar","paperid":null,"PeriodicalName":"Resources Policy","FirstCategoryId":"96","ListUrlMain":"https://www.sciencedirect.com/science/article/pii/S0301420724007797","RegionNum":2,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"0","JCRName":"ENVIRONMENTAL STUDIES","Score":null,"Total":0}
引用次数: 0
Abstract
Amidst the efforts to balance economic growth and climate change concerns, natural resource consumption accounts for environmental degradation. The current study deliberates on ecological sustainability by examining how natural resource consumption, digitalization, and institutional governance impact environmental degradation in natural resource-dependent economies. Our econometric findings from CS-ARDL report that natural resource consumption and economic growth lead to environmental deterioration, while digitalization developments and institutional governance safeguard environmental sustainability. Similar findings are endorsed by robustness analysis to help propose novel environmental policy frameworks.
期刊介绍:
Resources Policy is an international journal focused on the economics and policy aspects of mineral and fossil fuel extraction, production, and utilization. It targets individuals in academia, government, and industry. The journal seeks original research submissions analyzing public policy, economics, social science, geography, and finance in the fields of mining, non-fuel minerals, energy minerals, fossil fuels, and metals. Mineral economics topics covered include mineral market analysis, price analysis, project evaluation, mining and sustainable development, mineral resource rents, resource curse, mineral wealth and corruption, mineral taxation and regulation, strategic minerals and their supply, and the impact of mineral development on local communities and indigenous populations. The journal specifically excludes papers with agriculture, forestry, or fisheries as their primary focus.