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Natural resources, financial globalization, renewable energy, and environmental quality: Novel findings from top natural resource abundant countries
Gondwana Research ( IF 6.1 ) Pub Date : 2024-01-23 , DOI: 10.1016/j.gr.2023.12.016
Yuqing Zhang , Riza Radmehr , Ernest Baba Ali , Ahmed Samour

Natural resources impact our ecosystem's constituents, affecting ecological quality. In this context, the goal is to explore the effect of natural resources (NRR), financial globalization, and renewable energy on environmental quality by paying particular attention to natural resource abundant economiess from 1990 to 2016. To do this, we used the method of moment quantile regression to evaluate the interrelationship between the focused variables. The study makes significant contributions to the empirical body of knowledge byexamining, for the initial time, the primary factors influencing the load capacity factor (LCF) in countries abundant in natural resources . The empirical outcomes reveal that: (i) renewable energy and financial globalization cause a surge in LCF; (ii) NRR and economic advancements degrade the environmental quality in the leading natural resource abundant countries; (iii) a bidirectional causal effect is observed among natural resources, global financial, and LCF. The outcomes of the present study offer new insights for governments in top natural resource abundant economies on effective strategies and policies for achieving environmental quality.



中文翻译:

自然资源、金融全球化、可再生能源和环境质量:自然资源最丰富国家的新发现

自然资源影响我们生态系统的组成部分,影响生态质量。在此背景下,我们的目标是通过特别关注 1990 年至 2016 年自然资源丰富的经济体,探讨自然资源 (NRR)、金融全球化和可再生能源对环境质量的影响。 为此,我们使用了以下方法:矩分位数回归来评估重点变量之间的相互关系。该研究首次研究了影响自然资源丰富国家负荷能力系数(LCF)的主要因素,为实证知识体系做出了重大贡献。实证结果表明:(i) 可再生能源和金融全球化导致LCF激增;(ii) NRR 和经济进步降低了主要自然资源丰富 国家的环境质量;(iii) 在自然资源、全球金融和 LCF 之间观察到双向因果效应。本研究的结果为自然资源丰富的顶级经济体的政府提供了关于实现环境质量的有效战略和政策的新见解。

更新日期:2024-01-24
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