Does natural resources depletion and economic growth achieve the carbon neutrality target of the UK? A way forward towards sustainable development

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dc.authoridHussain, Khadim/0000-0002-1415-4647
dc.authoridAbbasi, Kashif/0000-0002-6775-7468
dc.contributor.authorAbbasi, Kashif Raza
dc.contributor.authorHussain, Khadim
dc.contributor.authorRadulescu, Magdalena
dc.contributor.authorOzturk, Ilhan
dc.date.accessioned2025-03-07T20:12:54Z
dc.date.available2025-03-07T20:12:54Z
dc.date.issued2021
dc.departmentÇağ Üniversitesi
dc.description.abstractEnvironmental sustainability is primarily related to using various natural resources for the economic, energy, and industrial activity. Therefore, it is worthwhile to examine the impact of the natural resource depletion (NRD), energy use (EU), economic growth (EG), population growth (PG) and industrial value added (IVA) on the CO2 emissions during 1970-2019 for the United Kingdom (UK). The study employs a novel environmental sustainability estimation approach employing a dynamic Autoregressive-Distributed-Lag (ARDL) model to analyze the positive and negative shock in short run and in the long run for the selected determinants. Also, Frequency Domain Causality (FDC) has been applied for robustness check. Empirical findings show that EG, IVA and NRD substantially stimulate CO2 emissions in short run, while EU, IVA and PG boost the environmental sustainability in the long run. The FDC outcome also supports the hypothesis of long, medium, and short-run causality. As for policy recommendations, we propose that the UK government should consider these factors by introducing a new long-term environmental strategy to reach the carbon neutrality point.
dc.identifier.doi10.1016/j.resourpol.2021.102341
dc.identifier.issn0301-4207
dc.identifier.issn1873-7641
dc.identifier.scopus2-s2.0-85118540275
dc.identifier.scopusqualityQ1
dc.identifier.urihttps://doi.org/10.1016/j.resourpol.2021.102341
dc.identifier.urihttps://hdl.handle.net/20.500.12507/2802
dc.identifier.volume74
dc.identifier.wosWOS:000708324100002
dc.identifier.wosqualityQ1
dc.indekslendigikaynakWeb of Science
dc.indekslendigikaynakScopus
dc.language.isoen
dc.publisherElsevier Sci Ltd
dc.relation.ispartofResources Policy
dc.relation.publicationcategoryMakale - Uluslararası Hakemli Dergi - Kurum Öğretim Elemanı
dc.rightsinfo:eu-repo/semantics/closedAccess
dc.snmzKA_WoS_20241226
dc.subjectNatural resources depletion
dc.subjectEnergy use
dc.subjectEconomic growth
dc.subjectCarbon neutrality
dc.titleDoes natural resources depletion and economic growth achieve the carbon neutrality target of the UK? A way forward towards sustainable development
dc.typeArticle

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