Mitigation pathways impact of climate change and improving sustainable development: The roles of natural resources, income, and CO2 emission

Syed Tauseef Hassan, Enjun Xia and Chien-Chiang Lee ()

Energy & Environment, 2021, vol. 32, issue 2, 338-363

Abstract: Abstract Climate change is an obstacle in the path of sustainable economic development. One of the key findings in the economics literature is that the use of natural resources contributes to real income per capita. However, its environmental consequences should not be ignored. This paper examines the nexus among CO 2 emission, real income, and natural resources, by incorporating urbanization, and trade in Pakistan from 1971 to 2017. The Auto-Regressive Distributive Lag (ARDL) and Vector Error Correction (VECM) models are used for analyzing time-series data. The empirical findings infer that the use of natural resources accelerates the rate of CO 2 emission in Pakistan which worsens environmental quality. In addition, the Environmental Kuznets Curve (EKC) is confirmed in the presence of natural resource use. Besides, urbanization improves environmental quality through mitigating the level of CO 2 emission. Moreover, the feedback hypothesis is found between the use of natural resources and CO 2 emission. Additionally, bidirectional causality is found between urbanization and the use of natural resources. Overall, this study supports formulating new policies to overcome environmental degradation through energy-saving technologies.

Keywords: Climate change; natural resources; CO2 emissions; Environmental Kuznets Curve; Pakistan (search for similar items in EconPapers)
Date: 2021
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (33)

Downloads: (external link)
https://journals.sagepub.com/doi/10.1177/0958305X20932550 (text/html)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:sae:engenv:v:32:y:2021:i:2:p:338-363

DOI: 10.1177/0958305X20932550

Access Statistics for this article

More articles in Energy & Environment
Bibliographic data for series maintained by SAGE Publications ().