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• W4313461168 endingPage "103261" @default.
• W4313461168 startingPage "103261" @default.
• W4313461168 abstract "The most crucial area of intense debate among economists to prevent environmental deterioration due to global climate change is structural transformation and natural resource management. However, economic complexity, natural resource abundance, education and ecological sustainability relationships are unsatisfactorily investigated, with diverse findings are evidenced in the prior literature. Therefore, natural resource abundance, economic complexity, education, and environmental sustainability were analysed for “Middle East and North Africa” (MENA) nations from 1980 to 2020. The current research embraced the Westerlund cointegration, continuously updated fully modified (CUP-FM) and delivering consistent outcomes using the alternative specification of continuously updated bias-corrected (CUP-BC) and the Dumitrescu and Hurlin (DH) causality. The proposed models also incorporate variables that drive environmental degradation, such as financial development and economic growth. The empirical results confirm the negative long-run relationships of economic complexity with carbon dioxide emissions (CO2 emissions) and the ecological footprint. A one-point increase in economic complexity reduced CO2 emissions by 0.0081 points and the ecological footprint by 0.1152 points. In conjunction with all this, natural resource abundance is adversely related to CO2 emissions (0.0111) and the ecological footprint (0.0229). However, education, financial development and economic growth impede environmental deterioration by high CO2 emissions and the ecological footprint. The EKC phenomenon has been verified for MENA countries. Meanwhile, education and economic complexity cause CO2 emissions and vice versa, whereas natural resource abundance causes CO2 emissions without feedback. Hence, the outcomes encourage policy-makers to consider and embrace holistic economic-environmental green policies to achieve sustainable development in the region and cope with COP21." @default.
• W4313461168 created "2023-01-06" @default.
• W4313461168 creator A5000877895 @default.
• W4313461168 creator A5007701682 @default.
• W4313461168 creator A5009533490 @default.
• W4313461168 creator A5045027401 @default.
• W4313461168 date "2023-01-01" @default.
• W4313461168 modified "2023-10-16" @default.
• W4313461168 title "Articulating natural resource abundance, economic complexity, education and environmental sustainability in MENA countries: Evidence from advanced panel estimation" @default.
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