Nexus between natural and technical disaster shocks, resource depletion and growth-specific factors: evidence from quantile regression
Khalid Zaman (),
Abdelmohsen A. Nassani () and
Muhammad Moinuddin Qazi Abro
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Waseem Akhter: University of Wah
Khalid Zaman: University of Wah
Abdelmohsen A. Nassani: King Saud University
Muhammad Moinuddin Qazi Abro: King Saud University
Natural Hazards: Journal of the International Society for the Prevention and Mitigation of Natural Hazards, 2020, vol. 104, issue 1, No 7, 143-169
Abstract The objective of the study is to examine the impact of natural disasters on environmental resource depletion in a context of Pakistan by using a consistent time series data from 1975 to 2016. The results of quantile regression confirm that both the natural and technical disaster degrade the environment in the form of forest depletion, mineral depletion and energy resource depletion at different quantile distributions. Further, FDI inflows and per capita income deteriorate natural environment through unsustainable mode of production in a country. The results emphasized the need to make an efficient disaster management unit to minimize economic losses through large-scale information and communication technologies. The results conclude that natural resources globally are being consumed faster than the speed of restoration. Worse is the case in Pakistan. As such the Government should make a systematic methodology to identify the protectoral functions within the communities for safeguarding and reestablishing these natural resources.
Keywords: Natural disasters; Technical disaster; Natural resource depletion; GDP per capita; FDI inflows; Trade openness; Quantile regression; Pakistan (search for similar items in EconPapers)
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