{"title":"Echoes of dependency: The impact of resource reliance on green industry transformation in China","authors":"","doi":"10.1016/j.resourpol.2024.105219","DOIUrl":null,"url":null,"abstract":"<div><p>The \"resource curse\" has garnered significant academic attention, yet a consensus on its causes remains elusive. This article addresses this gap by empirically examining the impact of resource industry dependence on the green transformation of manufacturing corporations (GTM), based on a precise measurement. The study identifies the effect mechanism of the \"resource curse\" from both macro (city) and micro (enterprise) dimensions. The findings indicate that resource industry dependence significantly hampers the GTM corporations, substantiating the \"resource curse\" effect. Moreover, this effect is particularly pronounced in western regions, resource-based areas, and regions with well-developed transportation infrastructure. Mechanism analysis reveals that, at the macro level, resource industry dependence stifles technological innovation, weakens market competition, and diminishes credit availability and government investments in technology for manufacturing corporations, impeding their green transformation. At the micro level, resource industry dependence impedes the GTM through reduced total factor productivity, weakened profitability, reduced scale, and increased pollution. Based on these findings, the article proposes various measures to facilitate green technological progress, optimize credit allocation, improve the business environment, and enhance technology investment at the macro level. At the micro level, measures are suggested to foster internal motivation, enhance profitability, expand the scale, and control emissions. By offering empirical evidence and policy insights, this article promotes the GTM corporations and establishes a solid micro foundation for High-quality development.</p></div>","PeriodicalId":20970,"journal":{"name":"Resources Policy","volume":null,"pages":null},"PeriodicalIF":10.2000,"publicationDate":"2024-07-19","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"0","resultStr":null,"platform":"Semanticscholar","paperid":null,"PeriodicalName":"Resources Policy","FirstCategoryId":"96","ListUrlMain":"https://www.sciencedirect.com/science/article/pii/S0301420724005865","RegionNum":2,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"N/A","JCRName":"ENVIRONMENTAL STUDIES","Score":null,"Total":0}
引用次数: 0
Abstract
The "resource curse" has garnered significant academic attention, yet a consensus on its causes remains elusive. This article addresses this gap by empirically examining the impact of resource industry dependence on the green transformation of manufacturing corporations (GTM), based on a precise measurement. The study identifies the effect mechanism of the "resource curse" from both macro (city) and micro (enterprise) dimensions. The findings indicate that resource industry dependence significantly hampers the GTM corporations, substantiating the "resource curse" effect. Moreover, this effect is particularly pronounced in western regions, resource-based areas, and regions with well-developed transportation infrastructure. Mechanism analysis reveals that, at the macro level, resource industry dependence stifles technological innovation, weakens market competition, and diminishes credit availability and government investments in technology for manufacturing corporations, impeding their green transformation. At the micro level, resource industry dependence impedes the GTM through reduced total factor productivity, weakened profitability, reduced scale, and increased pollution. Based on these findings, the article proposes various measures to facilitate green technological progress, optimize credit allocation, improve the business environment, and enhance technology investment at the macro level. At the micro level, measures are suggested to foster internal motivation, enhance profitability, expand the scale, and control emissions. By offering empirical evidence and policy insights, this article promotes the GTM corporations and establishes a solid micro foundation for High-quality development.
期刊介绍:
Resources Policy is an international journal focused on the economics and policy aspects of mineral and fossil fuel extraction, production, and utilization. It targets individuals in academia, government, and industry. The journal seeks original research submissions analyzing public policy, economics, social science, geography, and finance in the fields of mining, non-fuel minerals, energy minerals, fossil fuels, and metals. Mineral economics topics covered include mineral market analysis, price analysis, project evaluation, mining and sustainable development, mineral resource rents, resource curse, mineral wealth and corruption, mineral taxation and regulation, strategic minerals and their supply, and the impact of mineral development on local communities and indigenous populations. The journal specifically excludes papers with agriculture, forestry, or fisheries as their primary focus.