The effectiveness of geopolitical risk, load capacity factor, and urbanization on natural resource rent: Evidence from top ten oil supplier countries

dc.authorscopusid56906689200
dc.authorscopusid57193674847
dc.authorscopusid57202462947
dc.contributor.authorErdogan, Sinan
dc.contributor.authorPata, Ugur Korkut
dc.contributor.authorKartal, Mustafa Tevfik
dc.date.accessioned2024-09-19T15:48:38Z
dc.date.available2024-09-19T15:48:38Z
dc.date.issued2024
dc.departmentHatay Mustafa Kemal Üniversitesien_US
dc.description.abstractNatural resources are of strategic importance for the economic and social development of countries. Various macroeconomic factors can affect natural resource rent (NAT). In this context, this study examines the impact of labor force, GDP, population density, urbanization, trade openness, geopolitical risk (GR), and load capacity factor (LCF) on NAT for the top 10 oil suppliers. For this purpose, the study uses the Cross-Sectional Augmented Distributed Lag (CS-ARDL) approach from 1992/1 to 2021/12. The study results indicate that GDP, GR, labor force, and trade openness increase NAT, whereas urbanization has no impact on NAT. It is also found that population density and LCF reduce NAT. The findings suggest that the upsurge in geopolitical risk can stimulate natural resource extraction in the top 10 oil supplier countries while improving the regenerative capacity of the environment of these societies can reduce NAT activities. Policymakers should consider these results when determining NAT policies. © 2024 Elsevier Ltden_US
dc.identifier.doi10.1016/j.resourpol.2024.105224
dc.identifier.issn0301-4207
dc.identifier.scopus2-s2.0-85198699824en_US
dc.identifier.scopusqualityQ1en_US
dc.identifier.urihttps://doi.org/10.1016/j.resourpol.2024.105224
dc.identifier.urihttps://hdl.handle.net/20.500.12483/15215
dc.identifier.volume96en_US
dc.indekslendigikaynakScopusen_US
dc.language.isoenen_US
dc.publisherElsevier Ltden_US
dc.relation.ispartofResources Policyen_US
dc.relation.publicationcategoryMakale - Uluslararası Hakemli Dergi - Kurum Öğretim Elemanıen_US
dc.rightsinfo:eu-repo/semantics/closedAccessen_US
dc.subjectLoad capacity factoren_US
dc.subjectNatural resource renten_US
dc.subjectOil supplier countriesen_US
dc.subjectPanel dataen_US
dc.subjectUrbanizationen_US
dc.titleThe effectiveness of geopolitical risk, load capacity factor, and urbanization on natural resource rent: Evidence from top ten oil supplier countriesen_US
dc.typeArticleen_US

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