IDEAS home Printed from https://ideas.repec.org/a/eco/journ2/v15y2025i6id21601.html

The Role of Natural Resources, Electricity Production, Economic Globalization, and R&D in CO2 Neutrality: An Empirical Investigation for Kuwait

Author

Listed:
  • Kisswani, Khalid M.

    (Department of Economics and Finance, Gulf University for Science and Technology, Hawally 32093, Kuwait; & Gulf Financial Center, Gulf University for Science and Technology, Hawally, Kuwait)

  • Al-Khasawneh, Jamal A.

    (Department of Economics and Finance, Gulf University for Science and Technology, Hawally 32093, Kuwait,)

  • Alam, Md Shabbir

    (Department of Economics and Finance, College of Business Administration, University of Bahrain, Zallaq, Bahrain)

Abstract

At the 27th conference of parties in Egypt, Kuwait declared the environmental agenda of turning carbon neutrality by 2050, and many nations have started progressing towards carbon neutral agendas. Environmental research and development are essential factors in achieving these goals. This paper examines the relationship between natural resources, R&D, electricity production, economic globalization, and CO2 emissions in Kuwait from 1975 to 2020. We employed unit-root tests to verify the integrative properties of the variables. Additionally, the FARDL method was used to analyze the relationship between the variables. The Fourier Toda-Yamamoto causality test is applied to explore the causal links between natural resources, economic globalization, electricity production, R&D, and CO2 emissions. The empirical findings reveal that these variables are cointegrated and imply long-run relationships. Moreover, R&D expenditures reduce CO2 emissions, while natural resources, electricity production, and economic globalization increase CO2 emissions. Based on the empirical results, this study suggests attaining the targets of SDG-07(clean and affordable energy), SDG-09 (R&D, innovations), and SDG-13 (climate change).

Suggested Citation

  • Kisswani, Khalid M. & Al-Khasawneh, Jamal A. & Alam, Md Shabbir, 2025. "The Role of Natural Resources, Electricity Production, Economic Globalization, and R&D in CO2 Neutrality: An Empirical Investigation for Kuwait," International Journal of Energy Economics and Policy, Econjournals, vol. 15(6), pages 755-766, October.
    • Handle: RePEc:eco:journ2:v:15:y:2025:i:6:id:21601
    DOI: 10.32479/ijeep.21601
    as

    Download full text from publisher

    File URL: https://econjournals.com/index.php/ijeep/article/download/21601/9445
    Download Restriction: no
    File URL: https://libkey.io/10.32479/ijeep.21601?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    More about this item

    Keywords

    ;
    ;
    ;
    ;
    ;
    ;

    JEL classification:

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:eco:journ2:v:15:y:2025:i:6:id:21601. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Monica Sinhat (email available below). General contact details of provider: https://econjournals.com/index.php/ijeep .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.