Do natural resources, urbanization, and value-adding manufacturing affect environmental quality? Evidence from the top ten manufacturing countries
By I. Khan, Fujun Hou, H. Le, Syed Ahtsham Ali. 2021
191 citations recorded by the source corpus.
Abstract Environmental pollutants have become a problem throughout the world. In the past few years, investigations of ecological footprints and their determining factors have been at the core of debate among policymakers. However, some of the crucial determinants of ecological footprints, such as the value-adding manufacturing and the merchandise trade have not been sufficiently covered in the literature. Manufacturing and the merchandise trade provide substantial economic growth opportunities but are frequently associated with high pollution and environmental degradation. We investigate the impact of natural resources, urbanization, value-adding manufacturing, and the merchandise trade on the ecological footprints and economic growth of the top ten manufacturing countries using data from 1970 to 2016. We designed comprehensive empirical analyses and applied advanced econometric methodologies to show that value-adding manufacturing, the merchandise trade, and urbanization are positively associated and natural resources are negatively associated with countries' ecological footprints and economic growth. Our results suggest that urbanization, value-adding manufacturing, and the merchandise trade deteriorate environmental quality while simultaneously stimulating economic growth. Policymakers are encouraged to address sustainable manufacturing and trade policies through commercial exchanges, to generate fair trade, to protect natural resources, and to address urbanization to secure a sustainable future. The study's limitations and directions for future research are discussed.
Subfields: Economics and Econometrics, Environmental Engineering, Renewable Energy, Sustainability and the Environment
View Paper: https://www.semanticscholar.org/paper/4fec590e7665397111244410d24e9e70bdd96cd3
How researchers see this paper
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In Economics and Econometrics
- Nazim Hussain
- Mahmood Ahmad
- Zahoor Ahmed
- Xiyue Yang
- Avik Sinha
- Muhammad Shahbaz
- Solomon Nathaniel
- Tuhin Sengupta
In Environmental Engineering
In Renewable Energy, Sustainability and the Environment
Citations in the corpus
- Financial development and environmental degradation: Do human capital and institutional quality make a difference? (2021, methodology): “On the other hand, Nathaniel et al. (2020) used the AMG method to investigate the effect of human capital, economic growth, and natural resources rent on EF.”