Resources Policy最新文献

英文中文

Evolutionary characteristics and structural dependence determinants of global lithium trade network: An industry chain perspective 全球锂贸易网络的演变特征和结构依赖性决定因素：产业链视角

IF 10.2 2区经济学 0 ENVIRONMENTAL STUDIES

Resources Policy

Pub Date : 2024-11-09 DOI: 10.1016/j.resourpol.2024.105381

Yonglin Li , Zhili Zuo , Jinhua Cheng , Deyi Xu

As a globally emerging critical mineral, lithium is increasingly prominent in international trade, emphasizing the importance for energy transition and industrial structure upgrading to understand the evolution and formation of the global lithium trade networks (GLTN). From the perspective of industry chain, this paper uses complex network theory to construct GLTN for 2000–2021, investigates the determinants of network structure dependence through an exponential random graph model (ERGM), for analyzing the evolutionary characteristics and formation mechanisms of trade networks in both the holistic and local dimensions. The results show that, firstly, GLTN exhibits the overall characteristics of a "sparse upstream and tight midstream and downstream" network. The downstream exhibits a distinctive small-world network feature. China, the United States and Europe are the most active countries and regions in GLTN, covering the whole industry chains. Second, endogenous structure, node attributes and exogenous network effects all exert an influence on network structure. Regarding the impact of network structural dependence, lithium trade has transitivity effect, connectivity effect, and popularity effect. Third, the shocks of COVID-19 cut off the transitivity effect formed by indirect dependencies to the downstream industry chain first, resulting in a high network volatility. There is a strong heterogeneity in the network structural dependency for the industry chain.

锂作为全球新兴的重要矿产，在国际贸易中的地位日益突出，了解全球锂贸易网络（GLTN）的演化和形成对能源转型和产业结构升级具有重要意义。本文从产业链角度出发，运用复杂网络理论构建了2000-2021年全球锂贸易网络（GLTN），通过指数随机图模型（ERGM）研究网络结构依赖性的决定因素，从整体和局部两个维度分析贸易网络的演化特征和形成机制。结果表明：首先，GLTN 呈现出 "上游稀疏、中下游紧密 "的网络整体特征。下游呈现出明显的小世界网络特征。中国、美国和欧洲是 GLTN 中最活跃的国家和地区，覆盖了整个产业链。其次，内生结构、节点属性和外生网络效应都会对网络结构产生影响。在网络结构依赖的影响方面，锂贸易具有传递性效应、连通性效应和流行性效应。第三，COVID-19 的冲击首先切断了对下游产业链的间接依赖所形成的传递性效应，导致网络波动性较大。产业链的网络结构依赖存在较强的异质性。

{"title":"Evolutionary characteristics and structural dependence determinants of global lithium trade network: An industry chain perspective","authors":"Yonglin Li , Zhili Zuo , Jinhua Cheng , Deyi Xu","doi":"10.1016/j.resourpol.2024.105381","DOIUrl":"10.1016/j.resourpol.2024.105381","url":null,"abstract":"<div><div>As a globally emerging critical mineral, lithium is increasingly prominent in international trade, emphasizing the importance for energy transition and industrial structure upgrading to understand the evolution and formation of the global lithium trade networks (GLTN). From the perspective of industry chain, this paper uses complex network theory to construct GLTN for 2000–2021, investigates the determinants of network structure dependence through an exponential random graph model (ERGM), for analyzing the evolutionary characteristics and formation mechanisms of trade networks in both the holistic and local dimensions. The results show that, firstly, GLTN exhibits the overall characteristics of a \"sparse upstream and tight midstream and downstream\" network. The downstream exhibits a distinctive small-world network feature. China, the United States and Europe are the most active countries and regions in GLTN, covering the whole industry chains. Second, endogenous structure, node attributes and exogenous network effects all exert an influence on network structure. Regarding the impact of network structural dependence, lithium trade has transitivity effect, connectivity effect, and popularity effect. Third, the shocks of COVID-19 cut off the transitivity effect formed by indirect dependencies to the downstream industry chain first, resulting in a high network volatility. There is a strong heterogeneity in the network structural dependency for the industry chain.</div></div>","PeriodicalId":20970,"journal":{"name":"Resources Policy","volume":"99 ","pages":"Article 105381"},"PeriodicalIF":10.2,"publicationDate":"2024-11-09","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"142658088","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 0

When energy dispels curse: Linking natural resources, energy and inclusive growth in Africa 当能源驱散诅咒：将自然资源、能源与非洲的包容性增长联系起来

IF 10.2 2区经济学 0 ENVIRONMENTAL STUDIES

Resources Policy

Pub Date : 2024-11-09 DOI: 10.1016/j.resourpol.2024.105384

Fabrice Ewolo Bitoto , Augustin Borice Ngounou , Thierry Pondie Messie , Emmanuel Wayisovia Juakaly , Clément Nicodème Mefire Njikam

The aim of this paper is twofold. First, we assess the impact of natural resource dependence on inclusive growth in Africa and the channels through which this impact is transmitted; and second, we investigate the moderating role of energy in the relationship between natural resources and inclusive growth. Using data from 48 African countries over the period 1995–2020, we then mobilized several recent methods to effectively address the endogeneity issue, including Driscoll-Kraay, the Generalized Method of Moments in System (GMM-S) and the Two-stage Instrumental Variables (2SIV) approach. Several results emerge from the econometric analysis. First, natural resource dependence significantly reduces inclusive growth in Africa. Second, trade openness, human capital, and institutional quality mediate this effect by 46%, 65%, and 18%, respectively. Third, energy use moderates the relationship between natural resources and inclusive growth in Africa. Specifically, access to electricity and clean cooking energy improves the region's inclusive growth, while renewable energy and energy intensity worsen it. Fourth, the control variables significantly affect inclusive growth in line with the literature. First, we suggest large government investments in renewable energy infrastructure to reduce dependence on non-renewable resources, diversify the economy, and promote inclusive, sustainable economic growth in the long run. Second, public policies targeting workers, firms, and communities are needed to ensure an equitable transition to renewable energy to improve energy efficiency on the continent.

本文有两个目的。首先，我们评估了自然资源依赖性对非洲包容性增长的影响，以及这种影响的传播渠道；其次，我们研究了能源在自然资源与包容性增长之间关系中的调节作用。利用 1995-2020 年间 48 个非洲国家的数据，我们采用了几种最新方法来有效解决内生性问题，包括 Driscoll-Kraay、广义系统矩法（GMM-S）和两阶段工具变量法（2SIV）。计量经济学分析得出了几个结果。首先，对自然资源的依赖大大降低了非洲的包容性增长。其次，贸易开放度、人力资本和制度质量分别以 46%、65% 和 18% 的比例调节了这一影响。第三，能源使用调节了自然资源与非洲包容性增长之间的关系。具体来说，获得电力和清洁烹饪能源会提高该地区的包容性增长，而可再生能源和能源强度则会降低包容性增长。第四，控制变量对包容性增长的影响很大，这与相关文献一致。首先，我们建议政府对可再生能源基础设施进行大规模投资，以减少对不可再生资源的依赖，实现经济多元化，促进包容性、可持续的长期经济增长。其次，需要制定针对工人、企业和社区的公共政策，以确保公平地向可再生能源过渡，从而提高非洲大陆的能源效率。

{"title":"When energy dispels curse: Linking natural resources, energy and inclusive growth in Africa","authors":"Fabrice Ewolo Bitoto , Augustin Borice Ngounou , Thierry Pondie Messie , Emmanuel Wayisovia Juakaly , Clément Nicodème Mefire Njikam","doi":"10.1016/j.resourpol.2024.105384","DOIUrl":"10.1016/j.resourpol.2024.105384","url":null,"abstract":"<div><div>The aim of this paper is twofold. First, we assess the impact of natural resource dependence on inclusive growth in Africa and the channels through which this impact is transmitted; and second, we investigate the moderating role of energy in the relationship between natural resources and inclusive growth. Using data from 48 African countries over the period 1995–2020, we then mobilized several recent methods to effectively address the endogeneity issue, including Driscoll-Kraay, the Generalized Method of Moments in System (GMM-S) and the Two-stage Instrumental Variables (2SIV) approach. Several results emerge from the econometric analysis. First, natural resource dependence significantly reduces inclusive growth in Africa. Second, trade openness, human capital, and institutional quality mediate this effect by 46%, 65%, and 18%, respectively. Third, energy use moderates the relationship between natural resources and inclusive growth in Africa. Specifically, access to electricity and clean cooking energy improves the region's inclusive growth, while renewable energy and energy intensity worsen it. Fourth, the control variables significantly affect inclusive growth in line with the literature. First, we suggest large government investments in renewable energy infrastructure to reduce dependence on non-renewable resources, diversify the economy, and promote inclusive, sustainable economic growth in the long run. Second, public policies targeting workers, firms, and communities are needed to ensure an equitable transition to renewable energy to improve energy efficiency on the continent.</div></div>","PeriodicalId":20970,"journal":{"name":"Resources Policy","volume":"99 ","pages":"Article 105384"},"PeriodicalIF":10.2,"publicationDate":"2024-11-09","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"142658048","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 0

Breaking mineral resource curse through digital economy: Resource-based regions' sustainable path in the age of digitalization 通过数字经济打破矿产资源诅咒：资源型地区在数字化时代的可持续发展之路

IF 10.2 2区经济学 0 ENVIRONMENTAL STUDIES

Resources Policy

Pub Date : 2024-11-09 DOI: 10.1016/j.resourpol.2024.105379

Yanwei Lyu , Wenqiang Wang , You Wu , Jinning Zhang

As a new economic driver, the digital economy emerged globally in recent years. However, its potential role in alleviating the mineral resource curse may be disregarded. In this paper, urban mineral resource curse and digital economy are scientifically quantified through the data of 265 Chinese cities in 2009–2019. The FE model and spatial Durbin model are employed to examine the direct effects, specific mechanisms as well as spillover effects of digital economy on mineral resource curse. When digital economy is less than 0.123, the digital economy results in a worse mineral resource curse, but when digital economy exceeds 0.123, it turns into an enabler for breaking the mineral resource curse. Green total factor productivity, industrial structure upgrading and technological innovation are not only the major mechanisms for digital economy to break mineral resource curse, but also essential channels for the inverted U-shaped relationship. According to the heterogeneity analysis, mineral resource-based cities or cursed cities derive greater benefits for breaking mineral resource curse from digitalization process.

作为一种新的经济驱动力，数字经济近年来在全球兴起。然而，其在缓解矿产资源诅咒方面的潜在作用可能被忽视。本文通过 2009-2019 年中国 265 个城市的数据，对城市矿产资源诅咒和数字经济进行了科学量化。采用 FE 模型和空间杜宾模型，考察了数字经济对矿产资源诅咒的直接影响、具体机制以及溢出效应。当数字经济小于 0.123 时，数字经济会导致矿产资源诅咒恶化，但当数字经济超过 0.123 时，数字经济会成为打破矿产资源诅咒的助推器。绿色全要素生产率、产业结构升级和技术创新不仅是数字经济打破矿产资源诅咒的主要机制，也是倒 "U "型关系的重要渠道。根据异质性分析，矿产资源型城市或受诅咒城市从数字化进程中获得了更大的打破矿产资源诅咒的收益。

{"title":"Breaking mineral resource curse through digital economy: Resource-based regions' sustainable path in the age of digitalization","authors":"Yanwei Lyu , Wenqiang Wang , You Wu , Jinning Zhang","doi":"10.1016/j.resourpol.2024.105379","DOIUrl":"10.1016/j.resourpol.2024.105379","url":null,"abstract":"<div><div>As a new economic driver, the digital economy emerged globally in recent years. However, its potential role in alleviating the mineral resource curse may be disregarded. In this paper, urban mineral resource curse and digital economy are scientifically quantified through the data of 265 Chinese cities in 2009–2019. The FE model and spatial Durbin model are employed to examine the direct effects, specific mechanisms as well as spillover effects of digital economy on mineral resource curse. When digital economy is less than 0.123, the digital economy results in a worse mineral resource curse, but when digital economy exceeds 0.123, it turns into an enabler for breaking the mineral resource curse. Green total factor productivity, industrial structure upgrading and technological innovation are not only the major mechanisms for digital economy to break mineral resource curse, but also essential channels for the inverted U-shaped relationship. According to the heterogeneity analysis, mineral resource-based cities or cursed cities derive greater benefits for breaking mineral resource curse from digitalization process.</div></div>","PeriodicalId":20970,"journal":{"name":"Resources Policy","volume":"99 ","pages":"Article 105379"},"PeriodicalIF":10.2,"publicationDate":"2024-11-09","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"142658049","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 0

Uncertainty and entrepreneurship in oil-rich developing countries: Does institution matter? 石油资源丰富的发展中国家的不确定性和创业精神：制度重要吗？

IF 10.2 2区经济学 0 ENVIRONMENTAL STUDIES

Resources Policy

Pub Date : 2024-11-06 DOI: 10.1016/j.resourpol.2024.105385

Mahboubeh Jafari

This paper aims to investigate how institutional quality can influence the relationship between uncertainty and entrepreneurial activities in a sample of 20 oil-rich developing countries. The World Uncertainty Index (WUI) is employed as the indicator for uncertainty. To mitigate endogeneity issues, we employ a series of panel data models estimated using the Generalized Method of Moments (GMM). We find a higher level of WUI is negatively associated with the new business formation. Furthermore, our findings underscore the vital role of institutional quality in moderating the adverse effects of uncertainty on entrepreneurship. These results remain consistent across various measurements of institutional quality, uncertainty, and new business formation. Additionally, the estimation results confirm the existence of the oil curse hypothesis. The results of this research offer valuable insights for both policy development and management practices.

本文旨在以 20 个石油资源丰富的发展中国家为样本，研究制度质量如何影响不确定性与创业活动之间的关系。我们采用世界不确定性指数（WUI）作为不确定性指标。为减少内生性问题，我们采用了一系列面板数据模型，并使用广义矩法（GMM）进行了估计。我们发现，较高的 WUI 水平与新企业的形成呈负相关。此外，我们的研究结果还强调了制度质量在调节不确定性对创业的不利影响方面的重要作用。这些结果在不同的制度质量、不确定性和新企业形成的测量中保持一致。此外，估计结果证实了石油诅咒假说的存在。研究结果为政策制定和管理实践提供了宝贵的启示。

引用次数: 0

Impact of natural resource rents on global trade dynamics in RCEP: Economic and geopolitical interdependencies 自然资源租金对 RCEP 中全球贸易动态的影响：经济与地缘政治的相互依存关系

IF 10.2 2区经济学 0 ENVIRONMENTAL STUDIES

Resources Policy

Pub Date : 2024-11-05 DOI: 10.1016/j.resourpol.2024.105365

Zhang Shuo , Xi laiwang , Gao Junjun

This research analyzes the impact of natural resource revenues on global economic trends in the RCEP countries, emphasizing the importance of resource exploitation in the financial development process. The work explores complex interdependencies between resource extraction, geopolitical risk, economic environment, and trade relationships. Energy efficiency, geopolitical risk, and GDP are the control variables. These findings highlight the importance of natural resource rents, GDP, geopolitical risk, and energy conservation on the trade structure of the RCEP trading partners. Quantile regression studies show the negative effect of oil revenues on world trade, thus providing evidence of the multifaceted link between natural resource earnings and trade outcomes. The findings underscore the significance of policymakers and businesses understanding these interrelated links and their implications for global trade relations. The report offers policy directions for RCEP countries to foster sustainable economic development and enhance export competitiveness. These recommendations aim to further the resource sector's growth, financial infrastructure, and managing geopolitical risks.

本研究分析了自然资源收入对 RCEP 国家全球经济趋势的影响，强调了资源开采在金融发展过程中的重要性。研究探讨了资源开采、地缘政治风险、经济环境和贸易关系之间复杂的相互依存关系。能源效率、地缘政治风险和国内生产总值是控制变量。这些研究结果凸显了自然资源租金、国内生产总值、地缘政治风险和能源保护对 RCEP 贸易伙伴贸易结构的重要性。量子回归研究表明，石油收入对世界贸易有负面影响，从而证明了自然资源收入与贸易结果之间的多方面联系。研究结果强调了决策者和企业了解这些相互关联的联系及其对全球贸易关系的影响的重要性。报告为 RCEP 国家提供了促进可持续经济发展和提高出口竞争力的政策方向。这些建议旨在促进资源部门的增长、金融基础设施和管理地缘政治风险。

{"title":"Impact of natural resource rents on global trade dynamics in RCEP: Economic and geopolitical interdependencies","authors":"Zhang Shuo , Xi laiwang , Gao Junjun","doi":"10.1016/j.resourpol.2024.105365","DOIUrl":"10.1016/j.resourpol.2024.105365","url":null,"abstract":"<div><div>This research analyzes the impact of natural resource revenues on global economic trends in the RCEP countries, emphasizing the importance of resource exploitation in the financial development process. The work explores complex interdependencies between resource extraction, geopolitical risk, economic environment, and trade relationships. Energy efficiency, geopolitical risk, and GDP are the control variables. These findings highlight the importance of natural resource rents, GDP, geopolitical risk, and energy conservation on the trade structure of the RCEP trading partners. Quantile regression studies show the negative effect of oil revenues on world trade, thus providing evidence of the multifaceted link between natural resource earnings and trade outcomes. The findings underscore the significance of policymakers and businesses understanding these interrelated links and their implications for global trade relations. The report offers policy directions for RCEP countries to foster sustainable economic development and enhance export competitiveness. These recommendations aim to further the resource sector's growth, financial infrastructure, and managing geopolitical risks.</div></div>","PeriodicalId":20970,"journal":{"name":"Resources Policy","volume":"99 ","pages":"Article 105365"},"PeriodicalIF":10.2,"publicationDate":"2024-11-05","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"142587132","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 0

Asymmetric relationship between crude oil price and remittance inflows in a small island economy: Evidence from non-linear ARDL approach 小岛屿经济体中原油价格与汇款流入量之间的不对称关系：非线性 ARDL 方法提供的证据

IF 10.2 2区经济学 0 ENVIRONMENTAL STUDIES

Resources Policy

Pub Date : 2024-11-05 DOI: 10.1016/j.resourpol.2024.105398

Kirtiranjan Das , Manoranjan Sahoo , Sarbeswar Mohanty

Sri Lanka's economy heavily depends on remittance inflows to finance its import of essential and intermediate goods. A decline in remittances could severely limit the country's import capacity, affecting overall economic growth and development. This study investigates the impact of crude oil prices on Sri Lankan remittance inflows from 1980 to 2020, while accounting for per capita GDP, financial development, and exchange rates as additional explanatory variables. Employing a nonlinear autoregressive distributed lag (NARDL) model, the analysis reveals significant asymmetric effects of oil price shocks on remittance inflows. In the short run, positive oil price shocks lead to increased remittance inflows, whereas negative shocks reduce them. However, in the long run, both positive and negative oil price shocks have an adverse impact on remittance inflows. Furthermore, changes in per capita GDP, financial development, and exchange rates also play a crucial role in influencing remittance inflows. The findings highlight Sri Lanka's vulnerability to global oil market fluctuations and suggest policy measures to mitigate these risks. Key recommendations include diversifying labor export markets, enhancing financial infrastructure, and reducing dependence on remittance inflows to sustain import capacity and promote long-term economic resilience.

斯里兰卡的经济在很大程度上依赖于汇款流入，为进口必需品和中间产品提供资金。汇款减少会严重限制该国的进口能力，影响整体经济增长和发展。本研究探讨了 1980 年至 2020 年原油价格对斯里兰卡汇款流入的影响，同时将人均 GDP、金融发展和汇率作为额外的解释变量。分析采用非线性自回归分布滞后（NARDL）模型，揭示了石油价格冲击对汇款流入的显著非对称影响。在短期内，石油价格的正向冲击会导致汇款流入量增加，而负向冲击则会减少汇款流入量。然而，从长期来看，石油价格的正向和负向冲击都会对汇款流入产生不利影响。此外，人均国内生产总值、金融发展和汇率的变化也对汇款流入量产生重要影响。研究结果凸显了斯里兰卡易受全球石油市场波动影响的脆弱性，并提出了降低这些风险的政策措施。主要建议包括劳动力出口市场多样化、加强金融基础设施、减少对汇款流入的依赖，以维持进口能力并促进长期经济恢复力。

{"title":"Asymmetric relationship between crude oil price and remittance inflows in a small island economy: Evidence from non-linear ARDL approach","authors":"Kirtiranjan Das , Manoranjan Sahoo , Sarbeswar Mohanty","doi":"10.1016/j.resourpol.2024.105398","DOIUrl":"10.1016/j.resourpol.2024.105398","url":null,"abstract":"<div><div>Sri Lanka's economy heavily depends on remittance inflows to finance its import of essential and intermediate goods. A decline in remittances could severely limit the country's import capacity, affecting overall economic growth and development. This study investigates the impact of crude oil prices on Sri Lankan remittance inflows from 1980 to 2020, while accounting for per capita GDP, financial development, and exchange rates as additional explanatory variables. Employing a nonlinear autoregressive distributed lag (NARDL) model, the analysis reveals significant asymmetric effects of oil price shocks on remittance inflows. In the short run, positive oil price shocks lead to increased remittance inflows, whereas negative shocks reduce them. However, in the long run, both positive and negative oil price shocks have an adverse impact on remittance inflows. Furthermore, changes in per capita GDP, financial development, and exchange rates also play a crucial role in influencing remittance inflows. The findings highlight Sri Lanka's vulnerability to global oil market fluctuations and suggest policy measures to mitigate these risks. Key recommendations include diversifying labor export markets, enhancing financial infrastructure, and reducing dependence on remittance inflows to sustain import capacity and promote long-term economic resilience.</div></div>","PeriodicalId":20970,"journal":{"name":"Resources Policy","volume":"99 ","pages":"Article 105398"},"PeriodicalIF":10.2,"publicationDate":"2024-11-05","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"142587133","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 0

IF 10.2 2区经济学 0 ENVIRONMENTAL STUDIES

Resources Policy

Pub Date : 2024-11-05 DOI: 10.1016/j.resourpol.2024.105390

Etienne Nel

引用次数: 0

Institutions as a determinant of FDI and the role of natural resources 制度是外国直接投资的决定因素和自然资源的作用

IF 10.2 2区经济学 0 ENVIRONMENTAL STUDIES

Resources Policy

Pub Date : 2024-11-04 DOI: 10.1016/j.resourpol.2024.105367

Jonathan Bothner

This study examines the link between institutional quality and foreign direct investment (FDI) flows to developing countries. The link is investigated at different levels of host countries’ natural resource endowment. Weak institutions can be expected to attract FDI in natural resource abundant countries since they facilitate rent seeking behavior which is commonly thought to be prevalent in the natural resources sector. However, weak institutions also increase uncertainty, thus discouraging investments involving initial sunk costs as large as they commonly are in the natural resources sector. The aim of this study is to empirically assess how natural resource endowment moderates the effect of institutions on FDI. Using data on 117 developing and emerging countries over the time period 1996–2019, I estimate a dynamic panel model using the system generalized method of moments (GMM) estimator. I find a positive effect of institutional quality on FDI inflows only for countries with relatively high levels of natural resource endowment. The results are significant as they provide evidence for a narrative which is inconsistent with the results of earlier empirical research. They indicate that a higher natural resource endowment increases the importance of institutional quality as a determinant of FDI.

本研究探讨了制度质量与流向发展中国家的外国直接投资（FDI）之间的联系。在东道国自然资源禀赋的不同水平上对这种联系进行了研究。在自然资源丰富的国家，薄弱的制度有望吸引外国直接投资，因为这些制度有利于寻租行为，而寻租行为通常被认为在自然资源领域十分普遍。然而，薄弱的制度也会增加不确定性，从而阻碍涉及初始沉没成本的投资，而自然资源部门通常都会涉及巨大的初始沉没成本。本研究旨在通过经验评估自然资源禀赋如何调节制度对外国直接投资的影响。利用 1996-2019 年期间 117 个发展中国家和新兴国家的数据，我使用系统广义矩方法（GMM）估计器估计了一个动态面板模型。我发现，只有自然资源禀赋水平相对较高的国家，制度质量才会对外国直接投资流入产生积极影响。这些结果意义重大，因为它们为一种与早期实证研究结果不一致的说法提供了证据。它们表明，自然资源禀赋越高，制度质量作为外国直接投资决定因素的重要性就越大。

{"title":"Institutions as a determinant of FDI and the role of natural resources","authors":"Jonathan Bothner","doi":"10.1016/j.resourpol.2024.105367","DOIUrl":"10.1016/j.resourpol.2024.105367","url":null,"abstract":"<div><div>This study examines the link between institutional quality and foreign direct investment (FDI) flows to developing countries. The link is investigated at different levels of host countries’ natural resource endowment. Weak institutions can be expected to attract FDI in natural resource abundant countries since they facilitate rent seeking behavior which is commonly thought to be prevalent in the natural resources sector. However, weak institutions also increase uncertainty, thus discouraging investments involving initial sunk costs as large as they commonly are in the natural resources sector. The aim of this study is to empirically assess how natural resource endowment moderates the effect of institutions on FDI. Using data on 117 developing and emerging countries over the time period 1996–2019, I estimate a dynamic panel model using the system generalized method of moments (GMM) estimator. I find a positive effect of institutional quality on FDI inflows only for countries with relatively high levels of natural resource endowment. The results are significant as they provide evidence for a narrative which is inconsistent with the results of earlier empirical research. They indicate that a higher natural resource endowment increases the importance of institutional quality as a determinant of FDI.</div></div>","PeriodicalId":20970,"journal":{"name":"Resources Policy","volume":"99 ","pages":"Article 105367"},"PeriodicalIF":10.2,"publicationDate":"2024-11-04","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"142578195","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 0

Mapping cerium flows in China: A dynamic material flow analysis 绘制中国的铈流图：动态物质流分析

IF 10.2 2区经济学 0 ENVIRONMENTAL STUDIES

Resources Policy

Pub Date : 2024-11-02 DOI: 10.1016/j.resourpol.2024.105386

Xueping Tan , Yiran Zhong , Ziyi Wang , Yong Geng , Shijiang Xiao , Yuquan Zhang , Junxiang Huang

Cerium (Ce) is the most abundant and widely used rare earth element (REE). However, its metabolism patterns and domestic demand determinants in both traditional and emerging fields remain unknown in China. This study aims to account for the cerium flows and stocks in China from 2011 to 2020 by employing a dynamic material flow analysis method. Also, the key factors that determine the final domestic demands for cerium are uncovered by using panel regression models. The results show that: (1) there is a growing surplus of Ce-containing primary products in China, which are largely imported from Malaysia and exported to Japan and the United States; (2) cerium is mainly used in traditional fields, but its consumption in both high-tech and green fields is growing rapidly. Technological progress and cerium oxide prices are determinants of cerium final demands in both traditional and emerging fields, but GDP and cerium production only affect the demands for traditional applications significantly; and (3) the in-use stocks and the End-of-Life flows of cerium are fast-growing, and the secondary cerium resource can be mostly collected from polishing powders, automobile catalysts, NiMH batteries, glass additives, and lamps. Based on these major findings and the Chinese realities, this study further proposes several policy recommendations to promote sustainable cerium resource management.

铈（Ce）是含量最高、用途最广的稀土元素（REE）。然而，中国在传统领域和新兴领域的新陈代谢模式和国内需求决定因素仍不为人知。本研究旨在采用动态物质流分析方法，对 2011 年至 2020 年中国的铈流量和存量进行核算。同时，利用面板回归模型揭示了决定国内铈最终需求的关键因素。结果表明(1）中国的含铈初级产品过剩日益严重，这些产品主要从马来西亚进口，并出口到日本和美国；（2）铈主要用于传统领域，但其在高科技和绿色领域的消费增长迅速。技术进步和氧化铈价格是铈在传统领域和新兴领域最终需求的决定因素，但 GDP 和铈产量仅对传统应用领域的需求有显著影响；(3) 铈的在用库存和报废流量快速增长，二次铈资源主要可从抛光粉、汽车催化剂、镍氢电池、玻璃添加剂和灯具中收集。基于这些主要发现和中国的实际情况，本研究进一步提出了若干政策建议，以促进铈资源的可持续管理。

{"title":"Mapping cerium flows in China: A dynamic material flow analysis","authors":"Xueping Tan , Yiran Zhong , Ziyi Wang , Yong Geng , Shijiang Xiao , Yuquan Zhang , Junxiang Huang","doi":"10.1016/j.resourpol.2024.105386","DOIUrl":"10.1016/j.resourpol.2024.105386","url":null,"abstract":"<div><div>Cerium (Ce) is the most abundant and widely used rare earth element (REE). However, its metabolism patterns and domestic demand determinants in both traditional and emerging fields remain unknown in China. This study aims to account for the cerium flows and stocks in China from 2011 to 2020 by employing a dynamic material flow analysis method. Also, the key factors that determine the final domestic demands for cerium are uncovered by using panel regression models. The results show that: (1) there is a growing surplus of Ce-containing primary products in China, which are largely imported from Malaysia and exported to Japan and the United States; (2) cerium is mainly used in traditional fields, but its consumption in both high-tech and green fields is growing rapidly. Technological progress and cerium oxide prices are determinants of cerium final demands in both traditional and emerging fields, but GDP and cerium production only affect the demands for traditional applications significantly; and (3) the in-use stocks and the End-of-Life flows of cerium are fast-growing, and the secondary cerium resource can be mostly collected from polishing powders, automobile catalysts, NiMH batteries, glass additives, and lamps. Based on these major findings and the Chinese realities, this study further proposes several policy recommendations to promote sustainable cerium resource management.</div></div>","PeriodicalId":20970,"journal":{"name":"Resources Policy","volume":"99 ","pages":"Article 105386"},"PeriodicalIF":10.2,"publicationDate":"2024-11-02","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"142571311","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 0

Sustaining the mining industry through the lens of corporate social responsibility: A review research 从企业社会责任的角度看采矿业的可持续发展：研究综述

IF 10.2 2区经济学 0 ENVIRONMENTAL STUDIES

Resources Policy

Pub Date : 2024-11-01 DOI: 10.1016/j.resourpol.2024.105387

Sanchita Bansal , Shifali Singh , Priya Nangia , Nisha Chanaliya , Dariusz Sala

引用次数: 0

首页上一页

下一页尾页

类型

全部化学•材料生命科学医学物理工程技术环境•农林材料科学地球科学法学管理学化学环境科学与生态学计算机科学教育学经济学农林科学人文科学生物学数学物理与天体物理心理学综合性期刊其他工业工程理学历史学农学文学信息工程

数据库

全部 ACS Publications Elsevier ieeexplore Springer The Royal Society of Chemistry Wiley

期刊

Resources Policy

全部 Acc. Chem. Res. ACS Applied Bio Materials ACS Appl. Electron. Mater. ACS Appl. Energy Mater. ACS Appl. Mater. Interfaces ACS Appl. Nano Mater. ACS Appl. Polym. Mater. ACS BIOMATER-SCI ENG ACS Catal. ACS Cent. Sci. ACS Chem. Biol. ACS Chemical Health & Safety ACS Chem. Neurosci. ACS Comb. Sci. ACS Earth Space Chem. ACS Energy Lett. ACS Infect. Dis. ACS Macro Lett. ACS Mater. Lett. ACS Med. Chem. Lett. ACS Nano ACS Omega ACS Photonics ACS Sens. ACS Sustainable Chem. Eng. ACS Synth. Biol. Anal. Chem. BIOCHEMISTRY-US Bioconjugate Chem. BIOMACROMOLECULES Chem. Res. Toxicol. Chem. Rev. Chem. Mater. CRYST GROWTH DES ENERG FUEL Environ. Sci. Technol. Environ. Sci. Technol. Lett. Eur. J. Inorg. Chem. IND ENG CHEM RES Inorg. Chem. J. Agric. Food. Chem. J. Chem. Eng. Data J. Chem. Educ. J. Chem. Inf. Model. J. Chem. Theory Comput. J. Med. Chem. J. Nat. Prod. J PROTEOME RES J. Am. Chem. Soc. LANGMUIR MACROMOLECULES Mol. Pharmaceutics Nano Lett. Org. Lett. ORG PROCESS RES DEV ORGANOMETALLICS J. Org. Chem. J. Phys. Chem. J. Phys. Chem. A J. Phys. Chem. B J. Phys. Chem. C J. Phys. Chem. Lett. Analyst Anal. Methods Biomater. Sci. Catal. Sci. Technol. Chem. Commun. Chem. Soc. Rev. CHEM EDUC RES PRACT CRYSTENGCOMM Dalton Trans. Energy Environ. Sci. ENVIRON SCI-NANO ENVIRON SCI-PROC IMP ENVIRON SCI-WAT RES Faraday Discuss. Food Funct. Green Chem. Inorg. Chem. Front. Integr. Biol. J. Anal. At. Spectrom. J. Mater. Chem. A J. Mater. Chem. B J. Mater. Chem. C Lab Chip Mater. Chem. Front. Mater. Horiz. MEDCHEMCOMM Metallomics Mol. Biosyst. Mol. Syst. Des. Eng. Nanoscale Nanoscale Horiz. Nat. Prod. Rep. New J. Chem. Org. Biomol. Chem. Org. Chem. Front. PHOTOCH PHOTOBIO SCI PCCP Polym. Chem.

﹀