Natural resources, economic policies, energy structure, and ecological footprints’ nexus in emerging seven countries
Pei Xu,
Muzzammil Hussain,
Chengang Ye,
Jiangquan Wang,
Chen Wang,
Jinzhou Geng,
Yiding Liu and
Jingwei Chen
Resources Policy, 2022, vol. 77, issue C
Abstract:
The role of natural resource rents and energy to determine ecological footprints is considerably studied. However, the literature on energy structure and economic policy uncertainty are uncommon in emerging economies. So, this study is designed to investigate the nexus of natural resource rents (NRR), economic policy uncertainty (EPU), energy structure (ES), and ecological footprints (EF) under the “Environment Kuznets Curve (EKC) hypothesis” in emerging seven (E7) panel countries. For empirical evidence, data from 1992 to 2020 is used with robust econometric estimations. Findings report the absence of the EKC hypothesis for the E7 economies. Energy structure is supporting to limit the ecological footprints thereby helping to clean the environment. However, the role of NRR and EPU to limit the EF is not supportive. Emerging economies should re-consider the economic policies' uncertainty, natural resources’ rents, and rapid urbanization to avoid environmental degradation.
Keywords: Natural resource rents; Economic policies; Energy structure; Ecological footprints; Consumption-based carbon emissions (search for similar items in EconPapers)
Date: 2022
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Citations: View citations in EconPapers (21)
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Persistent link: https://EconPapers.repec.org/RePEc:eee:jrpoli:v:77:y:2022:i:c:s0301420722001957
DOI: 10.1016/j.resourpol.2022.102747
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