Linking per capita income, renewable energy, natural resources, trade, and Urbanisation to material footprint: insights from Saudi Arabia
In view of growing greenhouse gases and climate change, this paper investigates the effect of per capita income, renewable energy, natural resources, trade, and urbanisation on the material footprint of Saudi Arabia. This study uses data from 1990 to 2019. Autoregressive Distributed Lag, Fully Modif...
| Main Authors: | , |
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| Format: | Article |
| Language: | English |
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Elsevier
2024-03-01
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| Series: | Energy Nexus |
| Subjects: | |
| Online Access: | http://www.sciencedirect.com/science/article/pii/S2772427123000992 |
| _version_ | 1827311765170421760 |
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| author | James Temitope Dada Mamdouh Abdulaziz Saleh Al-Faryan |
| author_facet | James Temitope Dada Mamdouh Abdulaziz Saleh Al-Faryan |
| author_sort | James Temitope Dada |
| collection | DOAJ |
| description | In view of growing greenhouse gases and climate change, this paper investigates the effect of per capita income, renewable energy, natural resources, trade, and urbanisation on the material footprint of Saudi Arabia. This study uses data from 1990 to 2019. Autoregressive Distributed Lag, Fully Modified Ordinary Least Squares, Dynamic Ordinary Least Squares, and Canonical Cointegrating Regression are used as estimation techniques. The result hints that per capita income, renewable energy, natural resources, trade, and urbanisation are determinants of material footprint in Saudi Arabia. Furthermore, the short- and long-run results show that per capita income, trade, and urbanisation increase material footprint, contributing significantly to Saudi Arabia's ecological damage. However, renewable energy and total natural resources rent reduce the material footprint in both periods. Other cointegration techniques also support the long-run estimates. The implications of the result for a sustainable environment were discussed. |
| first_indexed | 2024-03-08T16:09:50Z |
| format | Article |
| id | doaj.art-dfa269f44acd4add82cf43f87e22f322 |
| institution | Directory Open Access Journal |
| issn | 2772-4271 |
| language | English |
| last_indexed | 2024-04-24T20:25:19Z |
| publishDate | 2024-03-01 |
| publisher | Elsevier |
| record_format | Article |
| series | Energy Nexus |
| spelling | doaj.art-dfa269f44acd4add82cf43f87e22f3222024-03-22T05:41:09ZengElsevierEnergy Nexus2772-42712024-03-0113100269Linking per capita income, renewable energy, natural resources, trade, and Urbanisation to material footprint: insights from Saudi ArabiaJames Temitope Dada0Mamdouh Abdulaziz Saleh Al-Faryan1Department of Economics, Obafemi Awolowo University, Ile-Ife, Nigeria; Corresponding author.School of Accounting, Economics and Finance, Faculty of Business and Law, University of Portsmouth, UK, Consultant in Economics and Finance, Riyadh, Saudi ArabiaIn view of growing greenhouse gases and climate change, this paper investigates the effect of per capita income, renewable energy, natural resources, trade, and urbanisation on the material footprint of Saudi Arabia. This study uses data from 1990 to 2019. Autoregressive Distributed Lag, Fully Modified Ordinary Least Squares, Dynamic Ordinary Least Squares, and Canonical Cointegrating Regression are used as estimation techniques. The result hints that per capita income, renewable energy, natural resources, trade, and urbanisation are determinants of material footprint in Saudi Arabia. Furthermore, the short- and long-run results show that per capita income, trade, and urbanisation increase material footprint, contributing significantly to Saudi Arabia's ecological damage. However, renewable energy and total natural resources rent reduce the material footprint in both periods. Other cointegration techniques also support the long-run estimates. The implications of the result for a sustainable environment were discussed.http://www.sciencedirect.com/science/article/pii/S2772427123000992Material footprintPer capita incomeRenewable energyNatural resourcesTradeSaudi Arabia |
| spellingShingle | James Temitope Dada Mamdouh Abdulaziz Saleh Al-Faryan Linking per capita income, renewable energy, natural resources, trade, and Urbanisation to material footprint: insights from Saudi Arabia Energy Nexus Material footprint Per capita income Renewable energy Natural resources Trade Saudi Arabia |
| title | Linking per capita income, renewable energy, natural resources, trade, and Urbanisation to material footprint: insights from Saudi Arabia |
| title_full | Linking per capita income, renewable energy, natural resources, trade, and Urbanisation to material footprint: insights from Saudi Arabia |
| title_fullStr | Linking per capita income, renewable energy, natural resources, trade, and Urbanisation to material footprint: insights from Saudi Arabia |
| title_full_unstemmed | Linking per capita income, renewable energy, natural resources, trade, and Urbanisation to material footprint: insights from Saudi Arabia |
| title_short | Linking per capita income, renewable energy, natural resources, trade, and Urbanisation to material footprint: insights from Saudi Arabia |
| title_sort | linking per capita income renewable energy natural resources trade and urbanisation to material footprint insights from saudi arabia |
| topic | Material footprint Per capita income Renewable energy Natural resources Trade Saudi Arabia |
| url | http://www.sciencedirect.com/science/article/pii/S2772427123000992 |
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