Investigating the Impact of Natural Resource Rent and Political Stability on the Environmental Degradation Index in Selected Developing Countries Using a Combined Data Approach

Environmental degradation has become a significant topic in the realm of economic development in recent years. Therefore, the main objective of the present research is to examine the influence of natural resource rent and political stability on the environmental degradation index in selected developing countries between the years 2006 and 2020. This study aims to achieve practical objectives and adopts an analytical-inferential approach methodologically. The research methodology is correlational based on its essence and content. The statistical population includes all developing countries. In this study, a random sampling method is employed to determine the sample size, and it involves a case study spanning the years from 2006 to 2020, with a sample of 20 developing countries. Data collection is facilitated through the utilization of databases. For data analysis and result derivation, Eviews 9 and Excel 2010 software have been utilized. The findings of the current research indicate a significant relationship between the impact of natural resource rent and political stability on the environmental degradation index in the selected developing countries using a combined data approach. Furthermore, the results demonstrate that natural resource rent, energy intensity, and urban population have a positive and meaningful impact on the environmental degradation index in developing countries.