Managing Natural Resources through Sustainable Environmental Actions: A Cross-Sectional Study of 138 Countries

Management of natural resources is pivotal for sustained economic growth—the increasing ecological footprints causing biocapacity deficit threaten the resource conversation agenda. The study identified the potential causes and consequences of natural resource depletion in a broad cross-section of 13...

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Autores principales: Tzai-Chiao Lee, Muhammad Khalid Anser, Abdelmohsen A. Nassani, Mohamed Haffar, Khalid Zaman, Muhammad Moinuddin Qazi Abro
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Publicado: MDPI AG 2021
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spelling oai:doaj.org-article:b466f5847c3f4e748bb41b3bf44adabd2021-11-25T19:01:23ZManaging Natural Resources through Sustainable Environmental Actions: A Cross-Sectional Study of 138 Countries10.3390/su1322124752071-1050https://doaj.org/article/b466f5847c3f4e748bb41b3bf44adabd2021-11-01T00:00:00Zhttps://www.mdpi.com/2071-1050/13/22/12475https://doaj.org/toc/2071-1050Management of natural resources is pivotal for sustained economic growth—the increasing ecological footprints causing biocapacity deficit threaten the resource conversation agenda. The study identified the potential causes and consequences of natural resource depletion in a broad cross-section of 138 countries. Ecological footprints, international migrant stocks, industrial value-added, and population growth influenced natural resource capital across countries. The results show that ecological footprints, industrial value-added, and population growth are the detrimental factors of resource capital. In contrast, continued economic growth is helpful to conserve natural resources for future generations. The rise and fall in the natural resource degradation are evident in the wake of international migrants’ stocks to support an inverted U-shaped relationship between them. The Granger causality inferences confirmed the one-way linkages, running from international migrant stocks, economic growth, and population growth to natural resource degradation. It verifies migrants-led, affluence-led, and population-led resource degradation. Ecological footprints Granger causes industrial value-added across countries. The forecasting estimates suggested that economic growth would likely to influenced greater in magnitude to resource degradation by its innovation shocks of 4.791%, followed by international migrant stocks, population growth, ecological footprints, and industrial value added by their innovation shocks of 4.709%, 1.829%, 1.247%, and 0.700%, respectively. The study concludes that international migrant stocks should manage smartly, causing more resource degradation via a channel of increasing biocapacity deficit across countries.Tzai-Chiao LeeMuhammad Khalid AnserAbdelmohsen A. NassaniMohamed HaffarKhalid ZamanMuhammad Moinuddin Qazi AbroMDPI AGarticlenatural resource degradationecological footprintsinternational migrant stockspopulation growthindustrial value-addedenvironmental indexEnvironmental effects of industries and plantsTD194-195Renewable energy sourcesTJ807-830Environmental sciencesGE1-350ENSustainability, Vol 13, Iss 12475, p 12475 (2021)
institution DOAJ
collection DOAJ
language EN
topic natural resource degradation
ecological footprints
international migrant stocks
population growth
industrial value-added
environmental index
Environmental effects of industries and plants
TD194-195
Renewable energy sources
TJ807-830
Environmental sciences
GE1-350
spellingShingle natural resource degradation
ecological footprints
international migrant stocks
population growth
industrial value-added
environmental index
Environmental effects of industries and plants
TD194-195
Renewable energy sources
TJ807-830
Environmental sciences
GE1-350
Tzai-Chiao Lee
Muhammad Khalid Anser
Abdelmohsen A. Nassani
Mohamed Haffar
Khalid Zaman
Muhammad Moinuddin Qazi Abro
Managing Natural Resources through Sustainable Environmental Actions: A Cross-Sectional Study of 138 Countries
description Management of natural resources is pivotal for sustained economic growth—the increasing ecological footprints causing biocapacity deficit threaten the resource conversation agenda. The study identified the potential causes and consequences of natural resource depletion in a broad cross-section of 138 countries. Ecological footprints, international migrant stocks, industrial value-added, and population growth influenced natural resource capital across countries. The results show that ecological footprints, industrial value-added, and population growth are the detrimental factors of resource capital. In contrast, continued economic growth is helpful to conserve natural resources for future generations. The rise and fall in the natural resource degradation are evident in the wake of international migrants’ stocks to support an inverted U-shaped relationship between them. The Granger causality inferences confirmed the one-way linkages, running from international migrant stocks, economic growth, and population growth to natural resource degradation. It verifies migrants-led, affluence-led, and population-led resource degradation. Ecological footprints Granger causes industrial value-added across countries. The forecasting estimates suggested that economic growth would likely to influenced greater in magnitude to resource degradation by its innovation shocks of 4.791%, followed by international migrant stocks, population growth, ecological footprints, and industrial value added by their innovation shocks of 4.709%, 1.829%, 1.247%, and 0.700%, respectively. The study concludes that international migrant stocks should manage smartly, causing more resource degradation via a channel of increasing biocapacity deficit across countries.
format article
author Tzai-Chiao Lee
Muhammad Khalid Anser
Abdelmohsen A. Nassani
Mohamed Haffar
Khalid Zaman
Muhammad Moinuddin Qazi Abro
author_facet Tzai-Chiao Lee
Muhammad Khalid Anser
Abdelmohsen A. Nassani
Mohamed Haffar
Khalid Zaman
Muhammad Moinuddin Qazi Abro
author_sort Tzai-Chiao Lee
title Managing Natural Resources through Sustainable Environmental Actions: A Cross-Sectional Study of 138 Countries
title_short Managing Natural Resources through Sustainable Environmental Actions: A Cross-Sectional Study of 138 Countries
title_full Managing Natural Resources through Sustainable Environmental Actions: A Cross-Sectional Study of 138 Countries
title_fullStr Managing Natural Resources through Sustainable Environmental Actions: A Cross-Sectional Study of 138 Countries
title_full_unstemmed Managing Natural Resources through Sustainable Environmental Actions: A Cross-Sectional Study of 138 Countries
title_sort managing natural resources through sustainable environmental actions: a cross-sectional study of 138 countries
publisher MDPI AG
publishDate 2021
url https://doaj.org/article/b466f5847c3f4e748bb41b3bf44adabd
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