Natural Resource Rents, Institutional Quality, and Environmental Degradation in Resource-Rich Sub-Saharan African Countries

被引:21
|
作者
Sibanda, Kin [1 ]
Garidzirai, Rufaro [2 ]
Mushonga, Farai [3 ]
Gonese, Dorcas [4 ]
机构
[1] Walter Sisulu Univ, Fac Commerce & Adm, Econ & Business Sci, ZA-5117 Mthatha, South Africa
[2] Walter Sisulu Univ, Fac Management Sci, Dept Management, ZA-4960 Butterworth, South Africa
[3] Nelson Mandela Univ, Fac Business & Econ Sci, Dept Econ, ZA-6011 Gqeberha, South Africa
[4] Univ Ft Hare, Fac Management & Commerce, Dept Econ, ZA-5700 Alice, South Africa
关键词
environmental degradation; institutional quality; natural rents; CO2; EMISSIONS; PANEL-DATA; SUSTAINABLE ENVIRONMENT; ENERGY; CONSUMPTION; TRADE; NEXUS;
D O I
10.3390/su15021141
中图分类号
X [环境科学、安全科学];
学科分类号
08 ; 0830 ;
摘要
Environmental degradation concerns are increasing worldwide. Moreover, in sub-Saharan African countries, these concerns are dominant because of an abundance of natural resources and exhaustion of these natural resources that tend to cause carbon emissions. This has created a huge interest among academics in investigating the relationship between natural resources, institutional quality, and environmental degradation. Since the sub-Saharan countries are resource-rich, the current study investigates how the natural resource rents and institutional quality impacted environmental degradation in selected sub-Saharan African countries from 1994 to 2020. Through employing the GMM estimation technique, the findings show that natural rents are positively linked with environmental degradation. This is closely related to the Environmental Kuznets Curve (EKC) hypothesis, which stipulates that environmental degradation worsens at the initial stage of the economic development of developing countries. The study has also found that rules and regulations set by governments have not been implemented in a manner that reduces environmental degradation in the region. Worth noting is that the region should collaborate and design its environmental policies in line with the Sustainable Developmental Goals. This is the first step towards environmental sustainability.
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页数:11
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