Enhancing sustainable growth in the global south: The role of mineral resource management, supply chain efficiency, technology advancement, and local downstream processing

IF 10.2 2区经济学 0 ENVIRONMENTAL STUDIES Resources Policy Pub Date : 2025-01-01 Epub Date: 2024-12-28 DOI:10.1016/j.resourpol.2024.105451

Zhongwen Chen , Usama Awan , Abdelmohsen A. Nassani , Khalid M. Al-Aiban , Khalid Zaman

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Abstract

Achieving sustainable economic development is a prevalent challenge faced by mineral-rich countries in the Global South. The study examines the role of mineral resource rents, government regulatory quality, technological advancement, local downstream processing, supply chain efficiency, and environmental sustainability in fostering regional development in a panel of 10 rich mineral resource-endowed countries of the Global South. Panel data from 2000 to 2022 are utilized for analysis. The study employs a panel ARDL-Bounds testing approach for parameter estimation. Results indicate that, in the long run, mineral resource rents positively boost regional economic growth, supporting the ‘Resource Blessing Hypothesis’. Conversely, a lack of technological innovation decreases regional economic growth, though it has a positive effect in the short run. Both local downstream processing and environmental sustainability have a positive impact on fostering regional growth in both the short and long run. Supply chain efficiency decreases regional growth in the short run but has a positive effect in the long run. The study concluded that sustainable practices and balanced technology strategies are essential to long-term economic prosperity.

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促进全球南方的可持续增长：矿产资源管理、供应链效率、技术进步和当地下游加工的作用

实现可持续经济发展是全球南方矿产丰富国家面临的普遍挑战。该研究考察了矿产资源租金、政府管理质量、技术进步、当地下游加工、供应链效率和环境可持续性在促进全球南方10个矿产资源丰富的国家的区域发展方面的作用。使用2000年至2022年的面板数据进行分析。本研究采用面板ARDL-Bounds检验方法进行参数估计。结果表明，从长期来看，矿产资源租金对区域经济增长具有正向促进作用，支持“资源祝福假说”。相反，缺乏技术创新会降低区域经济增长，尽管它在短期内具有积极作用。从短期和长期来看，当地下游加工和环境可持续性对促进区域增长都有积极影响。供应链效率在短期内会降低区域增长，但在长期内会产生积极影响。该研究的结论是，可持续实践和平衡的技术战略对长期经济繁荣至关重要。

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来源期刊

Resources Policy ENVIRONMENTAL STUDIES-

CiteScore

13.40

自引率

23.50%

发文量

602

审稿时长

69 days

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.