India’s Total Natural Resource Rents (NRR) and GDP: An Augmented Autoregressive Distributed Lag (ARDL) Bound Test

Taneja, Sanjay; Bhatnagar, Mukul; Kumar, Ranvijay; Rupeika-Apoga, Ramona

doi:10.3390/jrfm16020091

Cited by 56 publications

(10 citation statements)

References 60 publications

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“…It is crucial to know whether the variables are stationary at level, first difference, or both (Voumik et al 2023 ). Therefore, the current study employs augmented Dickey-Fuller (ADF) and the Phillips-Perron (PP) unit root tests (Taneja et al 2023 ). The mentioned stationarity tests help to ensure that none of the variables is cointegrated at the second difference.…”

Section: Methodsmentioning

confidence: 99%

Financial health and economic growth responsiveness as solution to environmental degradation in Pakistan

Golo,

Han,

Balsalobre-Lorente

et al. 2024

Environ Sci Pollut Res

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This study analyses the impact of GDP per capita, domestic credit, savings, and population on the environment in Pakistan from 1995 to 2019. The country has consistently been ranked eighth, fifth, and eight as an environmentally vulnerable nation from 1998 to 2017, 1999 to 2018, and 2000 to 2019, respectively. Therefore, the study explores the role of environmental awareness as a potential strategy for making peace with nature. Findings of the ARDL bounds testing approach confirm the long-run cointegration among variables of concern. In further assessment, the study determines that increased per capita income is detrimental to environmental quality in the long run. However, in the short run, it shows a favourable impact. On the other hand, domestic credit worsens the environment in the long and short runs. However, savings are positively insignificant in this regard. Furthermore, the total population significantly harms the environment in the long and short run. Fortunately, environmental awareness has emerged as a key solution to environmental degradation in Pakistan. Findings show that an increase in the dissemination of environmental awareness through the Internet, mobile, and landline phones, as well as by increasing education expenditures, mitigates the populations’ detrimental impact on the environment and improves environmental quality in the long run. Graphical Abstract

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Section: Methodsmentioning

confidence: 99%

Financial health and economic growth responsiveness as solution to environmental degradation in Pakistan

Golo,

Han,

Balsalobre-Lorente

et al. 2024

Environ Sci Pollut Res

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“…As a way to measure the impact of natural resources on growth, the commonly used proxy for natural resources dependence and natural resources abundance by researchers are Primary exports over GDP (Epo and Faha 2020), Rents from natural resources over GDP (Taneja et al 2023), Share of natural capital in national wealth, Share of mineral exports in total exports (Moussa 2018), Total natural capital and mineral resource assets in US $ per capita (Canuto and Cavallari 2012) and Subsoil wealth (Badeeb et al 2017). Different growth periods have been studied with the most recent one in 2016 by Cockx and Francken spanning 140 countries.…”

Section: What Happened After 2001?mentioning

confidence: 99%

Unraveling Ghana’s Resource Curse Hypothesis: Analyzing Natural Resources and Economic Growth with a Focus on Oil Exploration

Baafi

2024

Economies

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This study examines the intricate relationship between natural resource abundance, with a specific focus on oil production, and its impact on economic growth in Ghana. Through the application of the robust Fully Modified OLS methodology and using data spanned from 1960–2021 the research underscores the essential inclusion of oil as a significant variable in comprehending economic growth dynamics. Contrary to traditional resource curse theories, the study unveils a positive nexus between oil production and economic growth, particularly within a comprehensive variable framework. This finding challenges simplistic resource curse notions and underscores the need for a holistic economic perspective. Overall, the results show that the impact of oil production on economic growth is sensitive to the inclusion or exclusion of other variables in the model. In Model 1, where all variables are included, oil production has a significant positive (0.0112**) impact on growth. Ghana’s success in avoiding the resource curse is attributed to a multifaceted strategy encompassing diversified economic approaches, transparent governance, and responsible oil revenue management. Importantly, the inclusion of oil as a pivotal variable is well-justified by its tangible contributions to economic growth. The observed positive impacts emphasize the benefits of harnessing oil resources while maintaining a holistic view of the broader economic context. Looking ahead, the insights inform policymakers in resource-rich nations, illustrating how strategic resource management—illustrated by oil—can drive resilient and comprehensive economic growth. Ghana’s experience serves as a compelling template for informed policy decisions, offering valuable lessons for achieving sustainable prosperity.

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“…Large numbers of people remain poor, and face social injustice (Ojha 2016: 87, Mulinge andLesetedi 1998: 15). The diverse natural resources of both countries are exploited by powerful transnational capitalists (Hansen et al 2015, Taneja et al 2023. Both had long-standing systems of social exclusion.…”

Section: Comparing South Africa and Indiamentioning

confidence: 99%

Comparative digital protest cultures in South Africa and Tamil Nadu: #feesmustfall, #Jallikattu, and Abahlali baseMjondolo (AbM) - a case of surveillance and diasporic potential

Nkuna,

Govender,

Sewchurran

2023

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This paper explores three protest movements differing in scale and scope in two regions in the world. #feesmustfall (2015-2016) was a social media movement in South Africa to protest against prohibitive hikes in university fees. #Jallikattu (2017) was a social media movement in Tamil Nadu (India) to lift a ban imposed by the Supreme Court of India against an ancient cultural sport with bulls. Abahlali baseMjondolo (AbM) is a South African social media movement to raise issues related to shack dwellers. While there is literature focusing on these movements individually (Bosch 2016, Kalaiyarasan 2017, Mdlalose 2014), a comparative approach offers some alternate insights into how state power manifests in the age of digital capitalism. Habermas (1987, 1989) theorised the transformation of the public sphere and key to understanding how these publics contest existing power structures is his explication of authentic communicative action. Using Fuchs’s (2016) and Zuboff’s (2019) analyses of social media activism, we examine police brutality and surveillance in these three movements. The classical model of diaspora (Harutyunyan 2012) is introduced to show how it manifests in two of the protest movements, and contemporary notions of diaspora (Grossman 2019: 1265) are explored to see what they could offer to diverse protest cultures.

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India’s Total Natural Resource Rents (NRR) and GDP: An Augmented Autoregressive Distributed Lag (ARDL) Bound Test

Cited by 56 publications

References 60 publications

Financial health and economic growth responsiveness as solution to environmental degradation in Pakistan

Financial health and economic growth responsiveness as solution to environmental degradation in Pakistan

Unraveling Ghana’s Resource Curse Hypothesis: Analyzing Natural Resources and Economic Growth with a Focus on Oil Exploration

Comparative digital protest cultures in South Africa and Tamil Nadu: #feesmustfall, #Jallikattu, and Abahlali baseMjondolo (AbM) - a case of surveillance and diasporic potential

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