Rampant corruption: The dilemma facing economic diversification in oil-abundant MENA countries

Matallah, Siham

doi:10.1016/j.resourpol.2021.102541

Cited by 11 publications

(4 citation statements)

References 38 publications

Supporting

Mentioning

Contrasting

Order By: Relevance

“…Mahmood (2022), Okoye et al. (2022) and Matallah (2022) showed that natural resource extraction depletes biocapacity and increases ecological footprints.…”

Section: Resultsmentioning

confidence: 99%

See 1 more Smart Citation

From pollution to progress: Exploring the role of cleaner technology, energy efficiency and sustainable production in reducing PM2.5 levels in China

et al. 2023

View full text Add to dashboard Cite

Air pollution, particularly particulate matter (PM2.5) levels, was a significant focus at the COP26 summit. Rampant production practices and changing lifestyles contribute to the issue globally. China's rapid urbanization and reliance on fossil fuels significantly threaten global health sustainability. This study aims to evaluate China's environmental agenda and offer policy recommendations for achieving a green and clean environment. To accomplish this, the study assesses the crucial factors contributing to China's air pollution levels, focusing specifically on fine PM2.5 from 1975 to 2020. By implementing the ARDL bounds testing approach, the study confirmed a non‐linear relationship between per capita income and PM2.5, demonstrating an inverted U‐shaped curve with a turning point observed at a per capita income level of US$3030 in the short run. Furthermore, a positive correlation between these variables was detected in the long run. The study also revealed that rapid urbanization initially leads to increased PM2.5 concentrations, whereas it has a decreasing effect in the long term. To progress towards sustainable production and consumption, China has embraced efficient environmental technologies and increasing clean energy sources in its production mix. Leveraging these strategies, the country strives to achieve its decarbonization agenda and ensure a cleaner future. By conducting an ex ante analysis, this study identified ecological technologies, renewable energy demand and oil resource rents as critical influencers on China's air pollution levels over the next decade. The findings underscore the pressing need to embrace alternative energy sources, eco‐friendly technologies and resource conservation to tackle air pollution effectively and accomplish China's decarbonization objectives. It is imperative to prioritize adopting sustainable practices, ensuring a cleaner environment for current and future generations.

show abstract

“…Mahmood (2022), Okoye et al. (2022) and Matallah (2022) showed that natural resource extraction depletes biocapacity and increases ecological footprints.…”

Section: Resultsmentioning

confidence: 99%

“…The study shows how fast economic expansion and development increase people's demand for natural resources, causing climate change. Mahmood (2022), Okoye et al (2022) and Matallah (2022) showed that natural resource extraction depletes biocapacity and increases ecological footprints.…”

Section: Ardl Bounds Estimates and Ekc Turning Pointmentioning

confidence: 99%

From pollution to progress: Exploring the role of cleaner technology, energy efficiency and sustainable production in reducing PM2.5 levels in China

et al. 2023

View full text Add to dashboard Cite

show abstract

“…Even though oil rent has contributed to the enhancement economy, ASEAN countries must be capable of increasing the economy's diversification. According to Matallah and Matallah (2016), diversification economy is a pillar of a growth economy sustainable, where governments are rich in resources and power and naturally capable of solving problems, unemployment, and increasing the quality of institutions, where the second is the foundation of the peace process.…”

Section: Discussionmentioning

confidence: 99%

What is the Short-term and Long-term Relationship between Renewable Energy and Investment in Economic Growth?

Wahyudi

Palupi

2023

IJEEP

View full text Add to dashboard Cite

The topics of energy, environment, natural resources, and economics have recently remained a topic of conversation. Thus, this study aims to determine the short-term and long-term influence between sustainable energy, CO2, oil rents, and investment on economic growth in ASEAN countries. Based on the purpose of the study, this study used the Vector Error Correction Model (VECM) method with the help of Eviews 10. All variables used in this study were cointegrated in the long term. So that renewable energy consumption helps economic growth in ASEAN countries; in other words, renewable energy consumption positively affects economic growth over time. Meanwhile, environmental damage proxied by CO2 hinders economic growth in the long run. This study also shows that ASEAN countries do not experience the curse of natural resources. This can be seen from the value of oil rents has a significant positive effect on economic growth. Meanwhile, investment in ASEAN has not improved the economy, so collaboration from all parties is needed to realize the welfare of the people projected with increased economic growth.

show abstract

“…Nusair (2016) also reported a similar outcome in the Gulf Cooperation Council (GCC) countries (including Bahrain, Kuwait, Oman, Qatar, Saudi Arabia, and the United Arab Emirates, the UAE). In the same vein, Matallah and Matallah (2016) established a positive relationship between oil rent and economic growth in 11 Middle East and North African (MENA) oil-dependent countries (Algeria, Bahrain, Iran, Iraq, Kuwait, Libya, Oman, Qatar, Saudi Arabia, the UAE, and Yemen) between 1996. Further, Mehrara (2008 indicated that oil price is growth-enhancing in 13 oil-exporting countries (Algeria, Colombia, Ecuador, Indonesia, Iran, Kuwait, Libya, Mexico, Nigeria, Qatar, Saudi Arabia, the UAE and Venezuela) during the period from 1965 to 2004.…”

Section: Review Of Empirical Literaturementioning

confidence: 98%

The moderating role of corruption in the oil price-economic growth relationship in an oil-dependent economy: Evidence from Bootstrap ARDL with a Fourier Function

David,

Abu,

Owolabi

2024

Preprint

View full text Add to dashboard Cite

This study employs the recently proposed bootstrap autoregressive distributed lag (ARDL) model augmented with a Fourier function and the dynamic ARDL simulation procedures to examine whether the oil price-economic growth relationship is dependent on the level of corruption in an oil-dependent economy. Using Nigerian quarterly data during the 1996Q1-2021Q4 period, the results of the bounds-testing present evidence for cointegration between the variables. In addition, the results indicate that oil price and corruption are growth-enhancing, but the effect of oil price on growth is contingent on the level of corruption. Moreover, evidence suggests that the marginal effect of oil price on economic growth varies with the level of corruption; the lower the level of corruption, the higher the growth-enhancing effect of oil price on economic growth, and vice versa. The dynamic ARDL simulations plots demonstrate the significant increase (decrease) in predicted growth in the short-term due to a counterfactual rise in the price of oil price (corruption), which gradually deflates (increase) after the shock in the long-term. Therefore, policies geared toward diversifying the economy away from oil, reducing corruption in the oil and gas industry and the security sector, improving agricultural output, and reducing unemployment rate are recommended to enhance growth. JEL Classification: C15, C22, O4, O43, O13

show abstract

Rampant corruption: The dilemma facing economic diversification in oil-abundant MENA countries

Cited by 11 publications

References 38 publications

From pollution to progress: Exploring the role of cleaner technology, energy efficiency and sustainable production in reducing PM2.5 levels in China

From pollution to progress: Exploring the role of cleaner technology, energy efficiency and sustainable production in reducing PM2.5 levels in China

What is the Short-term and Long-term Relationship between Renewable Energy and Investment in Economic Growth?

The moderating role of corruption in the oil price-economic growth relationship in an oil-dependent economy: Evidence from Bootstrap ARDL with a Fourier Function

Contact Info

Product

Resources

About