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Do the grey clouds of geopolitical risk and political globalization exacerbate environmental degradation? Evidence from resource-rich countries

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dc.title Do the grey clouds of geopolitical risk and political globalization exacerbate environmental degradation? Evidence from resource-rich countries en
dc.contributor.author Feng, Yanchao
dc.contributor.author Sabir, Saeed Ahmad
dc.contributor.author Quddus, Abdul
dc.contributor.author Wang, Jianxin
dc.contributor.author Abbas, Shujaat
dc.relation.ispartof Resources Policy
dc.identifier.issn 0301-4207 Scopus Sources, Sherpa/RoMEO, JCR
dc.identifier.issn 1873-7641 Scopus Sources, Sherpa/RoMEO, JCR
dc.date.issued 2024
utb.relation.volume 89
dc.type article
dc.language.iso en
dc.publisher Elsevier Ltd
dc.identifier.doi 10.1016/j.resourpol.2023.104533
dc.relation.uri https://doi.org/10.1016/j.resourpol.2023.104533
dc.relation.uri https://pdf.sciencedirectassets.com/271807/1-s2.0-S0301420723X00130/1-s2.0-S0301420723012448/main.pdf?X-Amz-Security-Token=IQoJb3JpZ2luX2VjEPj%2F%2F%2F%2F%2F%2F%2F%2F%2F%2FwEaCXVzLWVhc3QtMSJHMEUCIQCWatIWY7Bj21xCuZrm%2B%2BDNeEDLloqjjMFE5vkh%2FrMO5QIgEegZ1hYCorYpj6d4nQSv2g67VL4UFit7MPyQ5EI54WEquwUIwP%2F%2F%2F%2F%2F%2F%2F%2F%2F%2FARAFGgwwNTkwMDM1NDY4NjUiDKbKbDBX6ZzUStvTQCqPBcrCz6pmtQroZ06hzV0LVZToH%2B31zRFjo9DFhd1UD0vQcL1hE4WpfHoj0j1YvJ2rMkNwrpjDGaeEdx%2B04pP9nOO3yi6b8s9xwSScUVvi9JOvMxkDBfRvV6bqCwXr4V7hbISkxDHzbR7oLKdaYBukEZv66rvUE7UvklhUqz7avw%2BG4XJk%2Fl1lbHXvZ8CUjoaCqaGvw24Dgb6EY9tL%2FIVtoVbO5rzCPnVk8UKfAGAi9JtkJHYjSz6xS72rWlyT13kusutzyIOUXLDr5YEXlGHmk8ICgm%2FNQ4KZKbvbwTjfBUcltHrnYVJhUsK4o00pvTyMM4kJdAMAs8J4FP3%2FXh9vQ9hq6G7gWRnY9y2kyySZBa16X%2FvxckRsMgtTDceqY4JfgSayVegujkFsNSAbjj082eVuRxTsJnwBKL3h2wf3WmoKHqcD6T6M6qgzMu8lgIuV0TINCu8gZgMksunvY76sEzPQm9iAAxAJLIlFGzymxcLL88HWqrNpGtM%2B9SlAYHqIJYS7F1QIkvh2S%2FgK9A8DG8dQeU3dalyU63%2FDVJsahlMz%2BHVEqW1%2FIbnXy7RODCGfh0dPLSFn5sK33%2BG6gdPqzo4H5jzTP55Ka5sjwue78wAhJZiPG3zqAcCCAubQsIVqzrP2Pji4sHTCCAs6puOaq3SsxEcj4hnxrdgQUdsvb26mabVIdFRro7syaEzMeNQDk%2BHggok9OCZuhpBcV39%2FAheFDpjwUa9iOFf3CVnxLofAkd2RpyS9%2FOGMyPZHmspeIsc3OzvSeJtwATWcRj3PPkjL3fwBdX%2B48DcoPDFsQBqNUvg9DpVjP2SApKxY4XdiIYU%2Bkd5YS%2FkMYLXA4nlEfU2o3ksYlfr97PWNt8dGZHQwyZqJrgY6sQHfO1zCsQnSG%2BdYVj6hHIkK2iX5M3zymulgXfQG%2FdeitWNr5%2Biup9AC8DjLS%2FK4wE3XSu8VRryLNpzDjWnlUuxwLZmmCjnf9lmXI8AnGHK%2BcKj7krKY4Ffvx3Aqg%2BtiTyzFucWqbwj2lOyi5LazTBJcMAq%2BTYn2DAJiltiwH4uFuuG6drlkvyg58j9sXMMSMwzhijkhS3hx7GaikH7%2BMUuczKLedWzLdT1HFwt%2Bqwos1Cw%3D&X-Amz-Algorithm=AWS4-HMAC-SHA256&X-Amz-Date=20240206T160112Z&X-Amz-SignedHeaders=host&X-Amz-Expires=300&X-Amz-Credential=ASIAQ3PHCVTY7J733NK5%2F20240206%2Fus-east-1%2Fs3%2Faws4_request&X-Amz-Signature=3ae35f194b56114eb1bcc6be125e4ea8125b01b60901b58291c5cc811ebbbaaf&hash=943541d32b6caa1c7c8ba2d4286c2d8f4dc753f7663162064b0de1a0edb1194c&host=68042c943591013ac2b2430a89b270f6af2c76d8dfd086a07176afe7c76c2c61&pii=S0301420723012448&tid=spdf-1c4020d0-1859-4636-af5e-9a61f97e96e6&sid=f49beed49855f34c1f-92e2-cd51ef44fbecgxrqa&type=client&tsoh=d3d3LnNjaWVuY2VkaXJlY3QuY29t&ua=191c5a5154565b0c515806&rr=85149c46cfeeb38b&cc=cz
dc.subject geo-political risk en
dc.subject political globalization en
dc.subject military expenses en
dc.subject environmental degradation en
dc.subject PMG-ARDL en
dc.description.abstract Geopolitical risk is a potential impact of economic, political, social, and environmental aspects on the stability and security of a country or region. This risk can range from minor disruptions to major conflicts that can significantly affect the global economy and may affect countries in various ways, including disruptions to supply chains, demographic shifts, cultural differences, social and climate change, natural disasters, and resource depletion. This study examines the impact of geopolitical risk, political globalization and military expenses on environmental deterioration concerning natural resource abundance in countries from 1985 to 2020. The results based on Pooled Mean Group Autoregressive Distributive Lag (PMG-ARDL) econometric estimation indicate a direct effect of geopolitical risk and military expenses on carbon dioxide emissions (CO2) emissions in the long-as well as the short-run, whilst political globalization and Foreign Direct Investment (FDI) preserve ecological quality. These findings, confirmed by panel estimations including fully modified ordinary least squares (FM-OLS) and dynamic ordinary least squares (D-OLS), indicate that good governance in a country mitigates the geopolitical risk that can protect the environment quality. The study's findings propose various policy suggestions to save the ecological quality in natural resource abundance countries. en
utb.faculty Faculty of Management and Economics
dc.identifier.uri http://hdl.handle.net/10563/1011823
utb.identifier.scopus 2-s2.0-85181130903
utb.identifier.wok 001166149600001
utb.source j-scopus
dc.date.accessioned 2024-02-14T13:51:49Z
dc.date.available 2024-02-14T13:51:49Z
utb.ou Department of Accounting and Finance
utb.contributor.internalauthor Quddus, Abdul
utb.fulltext.sponsorship -
utb.wos.affiliation [Feng, Yanchao] Zhengzhou Univ, Business Sch, Zhengzhou 450001, Peoples R China; [Sabir, Saeed Ahmad] Univ Punjab, Hailey Coll Commerce, Lahore, Pakistan; [Quddus, Abdul] Tomas Bata Univ Zlin, Fac Management & Econ, Dept Finance & Accounting, Mostni 5139, Zlin 76001, Czech Republic; [Wang, Jianxin] Shanghai Univ Finance, Econ Zhejiang Coll, Sch Business Adm, Jinhua 321013, Zhejiang, Peoples R China; [Abbas, Shujaat] Ural Fed Univ, Grad Sch Econ & Management, Ekaterinburg, Russia; [Abbas, Shujaat] Lebanese Amer Univ, Adnan Kassar Sch Business, Beirut, Lebanon
utb.scopus.affiliation Business School, Zhengzhou University, Zhengzhou, 450001, China; Hailey College of Commerce, University of the Punjab Lahore Pakistan, Pakistan; Tomas Bata University in Zlín, Faculty of Management and Economics, Department of Accounting & Finance, Mostní 5139, Zlín, 76001, Czech Republic; School of Business Administration, Shanghai University of Finance and Economics Zhejiang College, Zhejiang, Jinhua, 321013, China; Graduate School of Economics and Management, Ural Federal University, Russian Federation; Adnan Kassar School of Business, Lebanese American University, Beirut, Lebanon
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