Table 1.

Description of variables.

Variable	Description	Unit of Measurement	Source
EFP	Ecological Footprint	Global hectares per capita	Global Footprint Network (2022) https://data.footprintnetwork.org/#/ (accessed on 23 March 2022)
REC	Renewable Energy Consumption	Renewable Energy Consumption (% total final energy consumption)	World Development Indicators (WDI, 2022) https://databank.worldbank.org/source/world-development-indicators (accessed on 23 March 2022)
NRR	Natural Resource Rents	Natural Resource rents (% of GDP)	World Development Indicators (WDI, 2022) https://databank.worldbank.org/source/world-development-indicators (accessed on 23 March 2022)
GDP	Gross Domestic Product	Constant 2015 USD	World Development Indicators (WDI, 2022) https://databank.worldbank.org/source/world-development-indicators (accessed on 23 March 2022)
GE	Government Effectiveness	A measure of the quality of governance with values ranging from −2.5 (weak) to 2.5 (strong)	Worldwide Governance Indicators (WGI, 2022) https://databank.worldbank.org/source/worldwide-governance-indicators (accessed on 23 March 2022)
URB	Urbanization	Urban Population (% of the total population)	World Development Indicators (WDI, 2022) https://databank.worldbank.org/source/world-development-indicators (accessed on 23 March 2022)
HC	Human Capital	Human Capital Index (based on years of schooling and returns to education)	Penn World Table 10.0 https://www.rug.nl/ggdc/productivity/pwt/ (accessed on 12 April 2022)