TY - JOUR
T1 - Natural resources, globalization, and economic growth
T2 - evidence from Pakistan
AU - Hassan, Syed Tauseef
AU - Xia, Enjun
AU - Huang, Jieping
AU - Khan, Noor Hashim
AU - Iqbal, Kashif
N1 - Publisher Copyright:
© Springer-Verlag GmbH Germany, part of Springer Nature 2019.
PY - 2019/5
Y1 - 2019/5
N2 - Globalization is increasingly a driving force behind vibrant economies around the world. This paper discusses the impact of globalization and natural resources on economic growth from 1970 to 2014 in Pakistan. Based on an auto-regressive distributive lag (ARDL) model, the paper infers that globalization promotes economic growth in Pakistan. Natural resources also contribute to economic growth, as the causality results suggest bi-directional causality between globalization and use of natural resources. Policy implications are that countries should emphasize security, increase exports, encourage technological strength, and increase its intellectual management capacity.
AB - Globalization is increasingly a driving force behind vibrant economies around the world. This paper discusses the impact of globalization and natural resources on economic growth from 1970 to 2014 in Pakistan. Based on an auto-regressive distributive lag (ARDL) model, the paper infers that globalization promotes economic growth in Pakistan. Natural resources also contribute to economic growth, as the causality results suggest bi-directional causality between globalization and use of natural resources. Policy implications are that countries should emphasize security, increase exports, encourage technological strength, and increase its intellectual management capacity.
KW - ARDL
KW - Economic growth
KW - Globalization
KW - Natural resources
KW - Pakistan
UR - http://www.scopus.com/inward/record.url?scp=85064437299&partnerID=8YFLogxK
U2 - 10.1007/s11356-019-04890-z
DO - 10.1007/s11356-019-04890-z
M3 - Article
C2 - 30937742
AN - SCOPUS:85064437299
SN - 0944-1344
VL - 26
SP - 15527
EP - 15534
JO - Environmental Science and Pollution Research
JF - Environmental Science and Pollution Research
IS - 15
ER -
