An investigation of the nexus between natural resources, environmental performance, energy security and environmental degradation: Evidence from Asia

Shittu, Waliu Olawale; Adedoyin, Festus Fatai; Shah, Muhammad Ibrahim; Musibau, Hammed Oluwaseyi

doi:10.1016/j.resourpol.2021.102227

Cited by 159 publications

(43 citation statements)

References 42 publications

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“…This means that EPU and oil prices are possible candidates for causing asymmetric influences on carbon emissions. To capture the potential asymmetric relationship, the non-linear ARDL technique advanced by Shin et al (2014) is used to answer another critical question: "does there exist heterogeneity in the influence of the positive and negative changes of EPU and oil prices on carbon emissions?" Then, the non-linear ARDL model can be constructed as follows:…”

Section: Methodsmentioning

confidence: 99%

The symmetric and asymmetric effects of economic policy uncertainty and oil prices on carbon emissions in the USA and China: evidence from the ARDL and non-linear ARDL approaches

Zhang

Huang

2021

Environ Sci Pollut Res

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The environmental consequences of economic policy uncertainty (EPU) and oil price changes have attracted much attention in recent years, but few studies have estimated the asymmetric impact. This research investigates the symmetric and asymmetric effects of EPU and oil prices on carbon emissions in the USA and China. Based on monthly data from 1995:1 to 2019:12, we address this issue by applying the ARDL and non-linear ARDL cointegration methodology. The symmetric results show that the change in EPU has no evident impact on carbon emissions in the short and long run for the USA and China, and oil prices have a lag effect in this regard. The non-linear ARDL estimation documents significant asymmetric effects of EPU and oil prices. Specifically, the negative change in EPU facilitates emissions in the USA in the long and short run, and a unit increase in EPU increases emissions by 2.24% and 4.95%, respectively, whereas its positive change does not produce any significant effect. Carbon emissions in China are significantly and positively affected by the positive change in EPU only over the long run, and an increase in EPU increases emissions by 0.04%. Furthermore, the positive shock of oil prices significantly and positively influences emissions in the long run, and a unit increase in this factor increases emissions by 15.73% and 0.44% in the USA and China, respectively. Moreover, the short-term effect of the negative shock of oil prices exhibits a lag effect. The empirical results provide a practical reference for the USA and China to craft robust policies on emission cutting.

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Section: Methodsmentioning

confidence: 99%

The symmetric and asymmetric effects of economic policy uncertainty and oil prices on carbon emissions in the USA and China: evidence from the ARDL and non-linear ARDL approaches

Zhang

Huang

2021

Environ Sci Pollut Res

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“…Aimer ( 2020 ) observed a negative association between economic growth and environmental quality. Many other studies (Shittu et al 2021 : Adedoyin et al 2020 , 2021b , 2021c : Ali et al 2020 ; Pao and Chen 2019 ; Sasana and Ghozali 2017 ) exist with similar conclusions of a negative link between economic development and CO 2 emission.…”

Section: Literature Reviewmentioning

confidence: 72%

Environmental sustainability and ecological balance dilemma: accounting for the role of institutional quality

Agboola

Bekun

Agozie

et al. 2022

Environ Sci Pollut Res

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“…Better health facilities could encourage people to move from rural areas to urban ones, beneficial to urbanization. In their research, Shittu et al ( 99 ) noted that the growing population in Pakistan contributed significantly to the deterioration of the environment by raising the level of carbon emissions produced by the country's transportation industry. In contrast to the findings of this study, Khan et al ( 91 ) found, through the use of the FAIR health database, that an increased agglomeration of hospitals in urban regions brings about a reduction in the cost of laboratory testing facilities, which in turn brings about a reduction in overall health expenditures.…”

Section: Resultsmentioning

confidence: 99%

Assessing the impact of governance and health expenditures on carbon emissions in China: Role of environmental regulation

Wang

Liu

Wang

et al. 2022

Front. Public Health

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The current study tries to summarize the leading factors and their behavior toward the environmental quality. Therefore, this study investigates the environment-development linkage in China's economy covering the period of 1984–2018. In order to investigate the proposed objectives, the current study uses the dynamic ordinary least square, fully modified ordinary least square and canonical co-integration regression with granger causality test. The results reveal that there exists an inverted U-shaped relationship in China's economy. Likewise, urbanization positively contributes to environmental deterioration. Furthermore, the health expenditures also cause to deteriorate the environmental quality. In contrast, there exists the negative association between good governance and carbon emissions, while the rule of law in China's economy does not secure the environmental quality. Therefore, environmental regulation policies need to be revised in order to achieve a sustainable environment. As a result, we recommend that China continue to expand its economy and invest in health care and environmental initiatives.

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An investigation of the nexus between natural resources, environmental performance, energy security and environmental degradation: Evidence from Asia

Cited by 159 publications

References 42 publications

The symmetric and asymmetric effects of economic policy uncertainty and oil prices on carbon emissions in the USA and China: evidence from the ARDL and non-linear ARDL approaches

The symmetric and asymmetric effects of economic policy uncertainty and oil prices on carbon emissions in the USA and China: evidence from the ARDL and non-linear ARDL approaches

Environmental sustainability and ecological balance dilemma: accounting for the role of institutional quality

Assessing the impact of governance and health expenditures on carbon emissions in China: Role of environmental regulation

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