The way to break the resource curse: New evidence from China

Luo, Keyu; Wang, Qi; Liang, Chao

doi:10.1016/j.resourpol.2022.102971

Cited by 24 publications

(5 citation statements)

References 40 publications

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“…The findings support the resource curse theory, which posits that countries that heavily rely on NRs tend to have higher carbon emissions due to the dependence on resource extraction and exportation. The study underscores the need for effective governance and management of NRs to decrease carbon emissions (Wu et al ., 2021; Yao et al ., 2022; Luo et al ., 2022; Anser et al ., 2020).…”

Section: Resultsmentioning

confidence: 99%

The dilemmas of relevance: exploring the role of natural resources and energy consumption in managing climate crisis in Africa

Shobande

Asongu

2023

MEQ

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PurposeThe study examines the role of natural resources (NRs) and energy consumption in managing the climate crisis in Africa, using annual series data from the World Bank from 1980 to 2019.Design/methodology/approachThe empirical strategy is based on the second-generation panel techniques that account for cross-sectional dependency in the series. Specifically, the empirical evidence is based on the Westerlund (2017) panel cointegration test, panel augmented mean group, common correlated effects mean group and the vector autoregressive (VAR)-vector error correction (VEC) approaches.FindingsEvidence from the panel analysis confirmed the existence of Carbon Kuznets Curve (CKC) U-shaped nexus in Africa, but the country-level results are mixed. Furthermore, results using the VAR-vector correction model indicate possible convergence among the variables across the African countries. NR unidirectionally Granger-causes carbon emissions. The authors suggest the consideration of environmental factors in the utilisation of NRs. Similarly, energy efficiency is crucial to decouple carbon from energy usage.Originality/valueThe study complements the extant literature by assessing the role of NRs and energy consumption in managing climate crisis in Africa.

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Section: Resultsmentioning

confidence: 99%

The dilemmas of relevance: exploring the role of natural resources and energy consumption in managing climate crisis in Africa

Shobande

Asongu

2023

MEQ

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“…Indeed, few of these empirical attempts focused on the particular case of oil-rich economies or, more specifically, on the underlying mechanisms of the carbon curse theory. In particular, Anser et al [ 20 ], Chiroleu-Assouline et al [ 15 ], Wu et al [ 34 ], Khan et al [ 16 ] and Luo et al [ 35 ] used different datasets to examine the causal mechanisms of the carbon curse. Utilizing a slack-based technique, Wang et al [ 36 ] derived a measure of the carbon emissions efficiency of the energy structure in China from 2003 to 2016 and used the panel Tobit model to examine the direct and indirect impacts of resource dependence based on the output value of resource extractive sectors.…”

Section: Review Of Related Literaturementioning

confidence: 99%

“…The spatial Durbin analysis shows that energy endowment positively and significantly exacerbates environmental sustainability concerns in China. Luo et al [ 35 ] used data from 250 peripheral Chinese cities spanning from 2000 to 2018 to examine the carbon curse from the perspective of the manufacturing sector's employment dependence on natural resources. It was established that resource dependence accelerates CO 2 emissions.…”

Section: Review Of Related Literaturementioning

confidence: 99%

Beyond the barrels: The impact of resource wealth on the energy-economy-climate targets in oil-rich economies

Nwani,

Effiong,

Ikechukwu Okere

et al. 2024

Heliyon

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“…Lastly, ref. [69] argued that NR dependence has accentuated CO 2 emissions in 250 Chinese peripheral cities.…”

Section: Human Capital Governance Emissions and Resource Endowmentsmentioning

confidence: 99%

“…Additionally, the resource curse is a regionally heterogeneous phenomenon [69,70] that influences countries differently depending on their circumstances [24]. Thus, tracking the phenomenon in each country is crucial for accurate policy formulation.…”

Section: Human Capital Governance Emissions and Resource Endowmentsmentioning

confidence: 99%

Can the Resource Curse for Well-Being Be Morphed into a Blessing? Investigating the Moderating Role of Environmental Quality, Governance, and Human Capital

ElMassah

Hassanein

2022

Sustainability

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One of the most pressing global concerns is ensuring high levels of human well-being without overburdening natural resources. The impact of natural resource abundance on the economy’s monetary dimensions has long been controversial, with researchers debating whether it is a blessing or a curse. Recently, focus has shifted to its impact on non-monetary attributes (i.e., human well-being), with conflicting empirical evidence with respect to existence of the resource curse. However, studies on the indirect impact of natural resources on well-being are rare. This inquiry extends previous research by investigating the effect of natural resource abundance on human well-being and the underlying mechanisms that may clarify the convoluted link between the two variables in the UAE from 1990 to 2019. The novel contribution of this research is the evaluation of the resource curse concept from a broader perspective by considering how resource endowments indirectly affect human well-being via environmental quality, human capital, and governance channels. To this end, in the present study, we utilized the autoregressive distributed lag (ARDL) technique for cointegration and deployed the vector error correction model (VECM) for causality investigation. The ARDL results indicate cointegrated variables with diverse integration orders, signifying a long-term bond. Furthermore, the outcomes endorse the notion that resource endowment is inversely related to well-being as calibrated by the Human Development Index (HDI), corroborating the “Resource Curse Concept”, whereby large resource endowments impede human well-being. In terms of transmission channels, natural resources improve human well-being through environmental quality. In contrast, both human capital and governance have insignificant impacts on the influence of natural resources on well-being. Therefore, resource endowments improve human well-being as long as they do not harm the environment. The present analysis also resulted in the development of a feedback hypothesis between natural resource endowments and human well-being. The findings of this study provide several insights into the control of the direct and indirect adverse effects of natural resources on human well-being, the foremost being the provision of incentives for low-carbon energy use, reducing energy intensity, and assisting businesses engaged in R&D to minimize the cost of employing renewables, as well as investments in low-carbon technologies/cleantech and environmental technologies.

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The way to break the resource curse: New evidence from China

Cited by 24 publications

References 40 publications

The dilemmas of relevance: exploring the role of natural resources and energy consumption in managing climate crisis in Africa

The dilemmas of relevance: exploring the role of natural resources and energy consumption in managing climate crisis in Africa

Beyond the barrels: The impact of resource wealth on the energy-economy-climate targets in oil-rich economies

Can the Resource Curse for Well-Being Be Morphed into a Blessing? Investigating the Moderating Role of Environmental Quality, Governance, and Human Capital

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