Bibliometric analysis of finance and natural resources: past trend, current development, and future prospects

Adnan Ali (), Suresh Ramakrishnan (), Faisal Faisal (), Tooba Akram (), Sidra Salam () and Sami Ur Rahman ()
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Adnan Ali: Universiti Teknologi Malaysia (UTM)
Suresh Ramakrishnan: Universiti Teknologi Malaysia (UTM)
Faisal Faisal: Abdul Wali Khan University
Tooba Akram: Universiti Teknologi Malaysia (UTM)
Sidra Salam: Universiti Teknologi Malaysia (UTM)
Sami Ur Rahman: Abdul Wali Khan University

Environment, Development and Sustainability: A Multidisciplinary Approach to the Theory and Practice of Sustainable Development, 2023, vol. 25, issue 11, No 38, 13035-13064

Abstract: Abstract The finance and natural resources revenue nexus play a critical role in an economy. The recent development and significant increase in academic literature regarding the resource-finance nexus are the primary motivations for conducting this study. This study aims to conduct a bibliometric analysis of 363 documents published between 1976 and 2021 collected from the Scopus database. The results have been demonstrated via graphs, tables, knowledge maps about the past trends, growth, and prospects using co-occurrence, co-authorship, and co-citation analysis via the VOSviewer tool. This study has identified prolific authors, journals, countries, academic institutions, and future pathways. The findings indicate that China has the highest share of publications (88, 24.2%), followed by Pakistan (58, 15.9%) and Turkey (37, 10.2%). The most productive academic institution is the Beijing Institute of Technology in China (13, 3.6%). This study proposes new avenues for further research concerning the resource-finance nexus, such as ecological footprint, sustainability, fiscal decentralization, green investment, energy prices, environmental quality, technological innovation, financial resource curse (especially the stock market resource curse), human capital, and renewable energy in policy development and sustainability towards the achievement of the SDGs.

Keywords: Financial development; Natural resources rents; Bibliometric analysis; Energy; Financial resource curse; Institutional quality (search for similar items in EconPapers)
Date: 2023
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DOI: 10.1007/s10668-022-02602-1

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