How renewable energy consumption and natural resource abundance impact environmental degradation? New findings and policy implications from quantile approach

References

• Ajmi, A. N., and R. Inglesi-Lotz. 2020. Revisiting the Kuznets curve hypothesis for Tunisia: Carbon dioxide vs. Ecological footprint. Energy Sources, Part B: Economics, Planning, and Policy 1–14. doi:10.1080/15567249.2020.1850923.
   Web of Science ®Google Scholar
• Alola, A. A., F. V. Bekun, and S. A. Sarkodie. 2019. Dynamic impact of trade policy, economic growth, fertility rate, renewable and non-renewable energy consumption on ecological footprint in Europe. Science of the Total Environment 685:702–709.
   PubMed Web of Science ®Google Scholar
• Altintas, H., and Y. Kassouri. 2020. Is the environmental Kuznets Curve in Europe related to the per-capita ecological footprint or CO2 emissions? Ecological Indicators 113:106187. doi:10.1016/j.ecolind.2020.106187.
   Web of Science ®Google Scholar
• Alvarez-Herranz, A., D. Balsalobre-Lorente, M. Shahbaz, and J. M. Cantos. 2017. Energy innovation and renewable energy consumption in the correction of air pollution levels. Energy Policy 105:386–97. doi:10.1016/j.enpol.2017.03.009.
   Web of Science ®Google Scholar
• Ang, J. B. 2007. CO2 emissions, energy consumption, and output in France. Energy Policy 35 (10):4772–78. doi:10.1016/j.enpol.2007.03.032.
   Web of Science ®Google Scholar
• Apergis, N., and J. E. Payne. 2014. Renewable energy, output, CO2 emissions, and fossil fuel prices in Central America: Evidence from a nonlinear panel smooth transition vector error correction model. Energy Economics 42:226–32. doi:10.1016/j.eneco.2014.01.003.
   Web of Science ®Google Scholar
• Arezki, R., and F. Ploeg. 2011. Do natural resources depress income per capita? Review Development Economics 15 (3):504–21. doi:10.1111/j.1467-9361.2011.00623.x.
   Web of Science ®Google Scholar
• Bah, C. M. 2016. Economic growth, Institutions, and the natural resource curse in Sierra Leone: An empirical investigation. International Journal of Business and Social Science 7 (5):100–24.
   Google Scholar
• Balsalobre-Lorente, D., M. Shahbaz, D. Roubaud, and S. Farhani. 2018. How economic growth, renewable electricity and natural resources contribute to CO2 emissions? Energy Policy 113:356–67. doi:10.1016/j.enpol.2017.10.050.
   Web of Science ®Google Scholar
• Bekun, F. V., A. A. Alola, and S. A. Sarkodie. 2019. Toward a sustainable environment: Nexus between CO2 emissions, resource rent, renewable and nonrenewable energy in 16-EU countries. Science of the Total Environment 657:1023–29. doi:10.1016/j.scitotenv.2018.12.104.
   PubMed Web of Science ®Google Scholar
• Belaid, F., and M. H. Zrelli. 2019. Renewable and non-renewable electricity consumption, environmental degradation and economic development: Evidence from Mediterranean countries. Energy Policy 133:110929. doi:10.1016/j.enpol.2019.110929.
   Web of Science ®Google Scholar
• Bhattacharya, M., S. A. Churchill, and S. R. Paramati. 2017. The dynamic impact of renewable energy and institutions on economic output and CO2 emissions across regions. Renewable Energy 111:157–67. doi:10.1016/j.renene.2017.03.102.
   Web of Science ®Google Scholar
• Bilgili, F., E. Kocak, and U. bulut. 2016. The dynamic impact of renewable energy consumption on CO2 emissions: A revisited Environmental Kuznets Curve approach. Renewable and Sustainable Energy Reviews 54:838–45. doi:10.1016/j.rser.2015.10.080.
   Web of Science ®Google Scholar
• Charfeddine, L., and M. Kahia. 2019. Impact of renewable energy consumption and financial development on CO2 emissions and economic growth in the MENA region: A panel vector autoregressive (PVAR) analysis. Renewable Energy 139:198–213.
   Google Scholar
• Cherni, A., and S. E. Jouni. 2017. An ARDL approach to the CO2 emissions, renewable energy and economic growth nexus: Tunisian evidence. International Journal of Hydrogen Energy 42–48 (48):29056–66. doi:10.1016/j.ijhydene.2017.08.072.
   Google Scholar
• Danish, K., M. A. Baloch, N. Mahmood, and J. W. Zhang. 2019. Effect of natural resources, renewable energy and economic development on CO2 emissions in BRICS countries. Science of the Total Environment 678:632–38. doi:10.1016/j.scitotenv.2019.05.028.
   PubMed Web of Science ®Google Scholar
• Danish, Ulucak, R., and S. U. D. Khan, 2020. Determinants of the ecological footprint: Role of renewable energy, natural resources, and urbanization. Sustainable Cities and Society 54:101996.
   Web of Science ®Google Scholar
• Destek, M. A., and A. Aslan. 2020. Disaggregated renewable energy consumption and environmental pollution nexus in G-7 countries. Renewable Energy 151:1298–306. doi:10.1016/j.renene.2019.11.138.
   Web of Science ®Google Scholar
• Dogan, E., and B. Turkekul. 2016. CO2 emissions, real output, energy consumption, trade, urbanization and financial development: Testing the EKC hypothesis for the USA. Environmental Science and Pollution Research 23 (2):1203–13. doi:10.1007/s11356-015-5323-8.
   PubMed Web of Science ®Google Scholar
• Dogan, E., and F. Seker. 2016. Determinants of CO2 emissions in the European Union: The role of renewable and non-renewable energy. Renewable Energy 94:429–39. doi:10.1016/j.renene.2016.03.078.
   Web of Science ®Google Scholar
• Dong, K., R. Sun, and G. Hochman. 2017. Do natural gas and renewable energy consumption lead to less CO2 emission? Empirical evidence from a panel of BRICS countries. Energy 141:1466–1478.
   Web of Science ®Google Scholar
• Grossman, G. M., and A. Kreuger (1991). Environmental impacts of a North American free trade agreement, NBER Working Paper, No. 3914, http://www.nber.org/papers/w3914.pdf.
   Google Scholar
• Grossman, G. M., and A. Kruger. 1995. Economic growth and the environment. The Quarterly Journal of Economics 110 (2):353–77. doi:10.2307/2118443.
   Web of Science ®Google Scholar
• Gutti, B., M. M. Aji, and G. Magaji. 2012. Environmental impact of natural resources exploitation in Nigeria and the way forward. Journal of Applied Technology in Environmental Sanitation 2 (2):95–102.
   Google Scholar
• Gylfason, T. 2001. Natural resources, education, and economic development. European Economic Review 45 (4–6):847–59. doi:10.1016/S0014-2921(01)00127-1.
   Web of Science ®Google Scholar
• Holtz-Eakin, D., and T. M. Selden. 1995. Stoking the Fires? CO2 Emissions and Economic Growth. Journal of Public Economics 57 (1):85–101. doi:10.1016/0047-2727(94)01449-X.
   Web of Science ®Google Scholar
• Inglesi-Lotz, R., and E. Dogan. 2018. The role of renewable versus non-renewable energy to the level of CO2 emissions a panel analysis of sub-Saharan Africa’s Big 10 electricity generators. Renewable Energy 123:36–43. doi:10.1016/j.renene.2018.02.041.
   Web of Science ®Google Scholar
• Jebli, M. B., S. Farhani, and K. Guesmi (2020). Renewable energy, CO2 emissions and value added: Empirical evidence from countries with different income levels, Structural Change and Economic Dynamics. In Press.
   Google Scholar
• Jebli, M. B., and S. B. Youssef. 2017. The role of renewable energy and agriculture in reducing CO2 emissions: Evidence for North Africa countries. Ecological Indicators 74:295–301. doi:10.1016/j.ecolind.2016.11.032.
   Web of Science ®Google Scholar
• Khoshnevis Yazdi, S., and E. Ghorchi Beygi. 2018. The dynamic impact of renewable energy consumption and financial development on CO2 emissions: For selected African countries. Energy Sources, Part B: Economics, Planning, and Policy 13 (1):13–20. doi:10.1080/15567249.2017.1377319.
   Web of Science ®Google Scholar
• Koenker, R. 2004. Quantile regression for longitudinal data. Journal of Multivariate Analysis 91:74–89.
   Web of Science ®Google Scholar
• Koenker, R., and G. Bassette. 1978. Regression quantiles. Econometrica 46 (1):33–50. doi:10.2307/1913643.
   Web of Science ®Google Scholar
• Kwakwa, P. 2019. Towards sustainable energy: What have natural resource extraction, political regime and urbanization got to do with it? Journal of Energy Management and Technology 3(2): 44–57.
   Google Scholar
• Kwakwa, P. A., H. Alhassan, and G. Adu. 2020. Effect of natural resources extraction on energy consumption and carbon dioxide emission in Ghana. International Journal of Energy Sector Management 14 (1):20–39.
   Web of Science ®Google Scholar
• Mikayilov, J. I., S. Mukhtarov, J. Mammadov, and S. Aliyev. 2020. Environmental consequences of tourism: Do oil-exporting countries import more CO2 emissions? Energy Sources, Part B: Economics, Planning, and Policy 15 (1–14):172–85. doi:10.1080/15567249.2020.1753856.
   Google Scholar
• Paramati, S. R., D. Mo, and R. Gupta. 2017. The effects of stock market growth and renewable energy use on CO2 emissions: Evidence from G20 countries. Energy Economies 66:360–71. doi:10.1016/j.eneco.2017.06.025.
   Web of Science ®Google Scholar
• Pata, U. K. 2018. Renewable energy consumption, urbanization, financial development, income and CO2 emissions in Turkey: Testing EKC hypothesis with structural breaks. Journal of Cleaner Production 187:770–79. doi:10.1016/j.jclepro.2018.03.236.
   Web of Science ®Google Scholar
• Pedroni, P. 1999. Critical values for cointegration tests in heterogeneous panels with multiple regressors. Oxford Bulletin of Economics and Statistics 61 (S1):653–70. doi:10.1111/1468-0084.61.s1.14.
   Google Scholar
• Pesaran, M. H. 2007. A simple panel unit root test in the presence of cross-section dependence. Journal of Applied Econometrics 22 (2):265–312. doi:10.1002/jae.951.
   Web of Science ®Google Scholar
• Saboori, B., J. Sulaiman, and S. Mohd. 2016. Environmental Kuznets curve and energy consumption in Malaysia: A cointegration approach. Energy Sources, Part B: Economics, Planning, and Policy 11 (9):861–67. doi:10.1080/15567249.2012.662264.
   Web of Science ®Google Scholar
• Sachs, J. D., and A. M. Warner (1995). Natural resource abundance and economic growth. NBER Working Paper Series No: 5398.
   Google Scholar
• Shafik, N., and S. Bandyopadhyay (1992), Economic growth and environmental quality: Time series and cross-country evidence, Background Paper for World Development Report 1992, The World Bank, Washington, D.C.
   Google Scholar
• Shahabadi, A., and S. Feyzi. 2016. The relationship between natural resources abundance, foreign direct investment and environmental performance in selected oil and developed countries during 1996-2013. International Journal of Resistive Economics 4(3): 101–116.
   Google Scholar
• Stijns, J. P. C. 2005. Natural resource abundance and economic growth revisited. Resources Policy 30 (2):107–30. doi:10.1016/j.resourpol.2005.05.001.
   Web of Science ®Google Scholar
• Valadkhani, A., J. Nguyen, and M. Bowden. 2019. Pathways to reduce CO2 emissions as countries proceed through stages of economic growth. Energy Policy 129:268–78. doi:10.1016/j.enpol.2019.02.024.
   Web of Science ®Google Scholar
• WDI. 2020. The data is available at https://databank.worldbank.org/home.aspx
   Google Scholar
• Westerlund, J. 2005. New simple tests for panel cointegration. Econometric Reviews 24 (3):297–316. doi:10.1080/07474930500243019.
   Web of Science ®Google Scholar
• Zalle, O. 2019. Natural resources and economic growth in Africa: The role of institutional quality and human capital. Resources Policy 62:616–24. doi:10.1016/j.resourpol.2018.11.009.
   Web of Science ®Google Scholar