Pub Date : 2024-09-26DOI: 10.1016/j.resourpol.2024.105335
The sustainability of the transportation sector, particularly through the growth of the EV market, has become a critical issue for mineral-rich economies due to the role of key minerals like lithium in EV batteries. This study assesses how expanding lithium production affects the EV market in the top 10 EV markets from 2010 to 2022. Results show a 1% increase in lithium production is linked to a 0.58% rise in EV sales, driven by improved battery supply stability and lower costs. Technological advances in lithium-ion batteries boost efficiency and address range concerns. Additionally, a 1% increase in renewable energy generation leads to a 0.25% rise in EV sales, driven by a preference for eco-friendly transport. However, patent innovation has minimal immediate impact on EV sales, and urbanization negatively affects them due to congestion. Recommended policies include competitive tenders, green procurement, purchase subsidies, and green finance to enhance mineral markets and sustainable transportation.
{"title":"Assessment of impacts of critical mineral resources on sustainable transport sector","authors":"","doi":"10.1016/j.resourpol.2024.105335","DOIUrl":"10.1016/j.resourpol.2024.105335","url":null,"abstract":"<div><div>The sustainability of the transportation sector, particularly through the growth of the EV market, has become a critical issue for mineral-rich economies due to the role of key minerals like lithium in EV batteries. This study assesses how expanding lithium production affects the EV market in the top 10 EV markets from 2010 to 2022. Results show a 1% increase in lithium production is linked to a 0.58% rise in EV sales, driven by improved battery supply stability and lower costs. Technological advances in lithium-ion batteries boost efficiency and address range concerns. Additionally, a 1% increase in renewable energy generation leads to a 0.25% rise in EV sales, driven by a preference for eco-friendly transport. However, patent innovation has minimal immediate impact on EV sales, and urbanization negatively affects them due to congestion. Recommended policies include competitive tenders, green procurement, purchase subsidies, and green finance to enhance mineral markets and sustainable transportation.</div></div>","PeriodicalId":20970,"journal":{"name":"Resources Policy","volume":null,"pages":null},"PeriodicalIF":10.2,"publicationDate":"2024-09-26","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"142324046","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}
Pub Date : 2024-09-26DOI: 10.1016/j.resourpol.2024.105342
This research aimed to provide a comprehensive mapping of studies on the application of the Hotelling rule in non-renewable resources from 1970 to 2024, identifying the most prominent research topics and trends, key characteristics, evolution, and directions for future studies. To achieve this, the following research questions were addressed using a mixed-method approach, including bibliometric analysis, text mining, and content analysis: (i) How has research on the Hotelling rule in non-renewable resources evolved? (ii) What are the most relevant research topics and trends in Hotelling rule research? and (iii) What future directions should studies on the Hotelling rule in non-renewable resources pursue? A total of 197 journal articles extracted from the Scopus database were analyzed to map the main body of literature. Four main research clusters were identified: (1) theoretical and empirical perspectives on the Hotelling rule, (2) the Hotelling rule in non-renewable resource management, (3) economic policy and sustainability within the Hotelling framework, and (4) resource depletion and pricing under the Hotelling rule. Four key areas for future research were proposed, focusing on diversification to other non-renewable resources, evaluation of policies and geographical contexts, technological innovations and government policies, and sector-specific applications of the Hotelling rule. These directions are crucial for promoting sustainability in the management of non-renewable resources over time.
{"title":"Hotelling rule in non-renewable resources: A bibliometric and systematic literature review analysis","authors":"","doi":"10.1016/j.resourpol.2024.105342","DOIUrl":"10.1016/j.resourpol.2024.105342","url":null,"abstract":"<div><div>This research aimed to provide a comprehensive mapping of studies on the application of the Hotelling rule in non-renewable resources from 1970 to 2024, identifying the most prominent research topics and trends, key characteristics, evolution, and directions for future studies. To achieve this, the following research questions were addressed using a mixed-method approach, including bibliometric analysis, text mining, and content analysis: (i) How has research on the Hotelling rule in non-renewable resources evolved? (ii) What are the most relevant research topics and trends in Hotelling rule research? and (iii) What future directions should studies on the Hotelling rule in non-renewable resources pursue? A total of 197 journal articles extracted from the Scopus database were analyzed to map the main body of literature. Four main research clusters were identified: (1) theoretical and empirical perspectives on the Hotelling rule, (2) the Hotelling rule in non-renewable resource management, (3) economic policy and sustainability within the Hotelling framework, and (4) resource depletion and pricing under the Hotelling rule. Four key areas for future research were proposed, focusing on diversification to other non-renewable resources, evaluation of policies and geographical contexts, technological innovations and government policies, and sector-specific applications of the Hotelling rule. These directions are crucial for promoting sustainability in the management of non-renewable resources over time.</div></div>","PeriodicalId":20970,"journal":{"name":"Resources Policy","volume":null,"pages":null},"PeriodicalIF":10.2,"publicationDate":"2024-09-26","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"142324049","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}
Pub Date : 2024-09-26DOI: 10.1016/j.resourpol.2024.105333
The stupendous increase in environmental pollutants alongside climate alterations are calling for integrated tasks at the global level to meet the Paris Agreements. Energy conversion from fossil fuel to renewable energy sources is an important step to address the adverse effects of extreme climatic conditions. This study explores the key contributors of energy transition in the context of the OECD countries during the period 1991 to 2019. To this end the major determinants chosen include natural resources rents, policy uncertainty, environmental technologies, environmental policies, income and globalization. The quantile regression technique is used to explore heterogeneous role of the contributory factors of energy transition across its different levels. This study applies method of moments quantile regression (hereafter MM-QR) by Machado and Silva (2019) that provides evidence on how the covariates affect the integral conditional distributions of energy transition. The study documents interesting findings. (i) Natural resources rents reduce the pace of the progress of sustainable energy transition in OECD economies. (ii) An escalation in the world uncertainty index leads to an improvement in energy transition index. (iii) Environmental technologies support the transition concerning cleaner and more efficient energy sources. (iv) Finally, as natural resources, uncertainty, environmental technologies, and globalization impacts energy transition differently, their effects need to be rationalized with varying environmental policy instruments. The study concludes that energy transition process requires the task of upgrading the quality of implementation of policies related to energy technology.
{"title":"Strategy towards sustainable energy transition: The effect of policy uncertainty, environmental technology and natural resources rent in the OECD nations","authors":"","doi":"10.1016/j.resourpol.2024.105333","DOIUrl":"10.1016/j.resourpol.2024.105333","url":null,"abstract":"<div><div>The stupendous increase in environmental pollutants alongside climate alterations are calling for integrated tasks at the global level to meet the Paris Agreements. Energy conversion from fossil fuel to renewable energy sources is an important step to address the adverse effects of extreme climatic conditions. This study explores the key contributors of energy transition in the context of the OECD countries during the period 1991 to 2019. To this end the major determinants chosen include natural resources rents, policy uncertainty, environmental technologies, environmental policies, income and globalization. The quantile regression technique is used to explore heterogeneous role of the contributory factors of energy transition across its different levels. This study applies method of moments quantile regression (hereafter MM-QR) by Machado and Silva (2019) that provides evidence on how the covariates affect the integral conditional distributions of energy transition. The study documents interesting findings. (i) Natural resources rents reduce the pace of the progress of sustainable energy transition in OECD economies. (ii) An escalation in the world uncertainty index leads to an improvement in energy transition index. (iii) Environmental technologies support the transition concerning cleaner and more efficient energy sources. (iv) Finally, as natural resources, uncertainty, environmental technologies, and globalization impacts energy transition differently, their effects need to be rationalized with varying environmental policy instruments. The study concludes that energy transition process requires the task of upgrading the quality of implementation of policies related to energy technology.</div></div>","PeriodicalId":20970,"journal":{"name":"Resources Policy","volume":null,"pages":null},"PeriodicalIF":10.2,"publicationDate":"2024-09-26","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"142324048","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}
Pub Date : 2024-09-24DOI: 10.1016/j.resourpol.2024.105308
This study examines the consumption of nickel resources in China from 2004 to 2022 and utilizes data from the International Energy Agency as a foundation to predict future consumption and End-of-life (EoL) nickel recycling volumes by a novel dynamic material flow analysis (D-MFA) model. Distinguished from the preceding MFA studies, we highlight the future nickel stocks and flows, and the logistic function as well as linear step-length method are applied to assess EoL nickel recycling under five different demand scenarios and recycling assumptions. The findings show that the share of EoL nickel secondary supply currently stands at 27% of overall nickel demand. In addition, the nickel demand curve under different recycling conditions also reveals a projected gap of approximately 4.4 million tons between nickel supply and demand until 2050. The empirical results demonstrate a significant growth of nickel demand in the new energy battery industry, while nickel consumption in the stainless steel is tending towards saturation. Moreover, although the recycling rate of nickel is expected to keep rising, the consumption of nickel remains significantly higher than the recycling volume, entailing a long-term dependence on imported nickel.
{"title":"End-of-life nickel recycling: Energy security and circular economy development","authors":"","doi":"10.1016/j.resourpol.2024.105308","DOIUrl":"10.1016/j.resourpol.2024.105308","url":null,"abstract":"<div><div>This study examines the consumption of nickel resources in China from 2004 to 2022 and utilizes data from the International Energy Agency as a foundation to predict future consumption and End-of-life (EoL) nickel recycling volumes by a novel dynamic material flow analysis (D-MFA) model. Distinguished from the preceding MFA studies, we highlight the future nickel stocks and flows, and the logistic function as well as linear step-length method are applied to assess EoL nickel recycling under five different demand scenarios and recycling assumptions. The findings show that the share of EoL nickel secondary supply currently stands at 27% of overall nickel demand. In addition, the nickel demand curve under different recycling conditions also reveals a projected gap of approximately 4.4 million tons between nickel supply and demand until 2050. The empirical results demonstrate a significant growth of nickel demand in the new energy battery industry, while nickel consumption in the stainless steel is tending towards saturation. Moreover, although the recycling rate of nickel is expected to keep rising, the consumption of nickel remains significantly higher than the recycling volume, entailing a long-term dependence on imported nickel.</div></div>","PeriodicalId":20970,"journal":{"name":"Resources Policy","volume":null,"pages":null},"PeriodicalIF":10.2,"publicationDate":"2024-09-24","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"142314143","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}
Pub Date : 2024-09-23DOI: 10.1016/j.resourpol.2024.105311
The recent COVID-19 pandemic has prompted researchers to examine the association between gold and oil prices during different crises. In this regard, four crises have been evaluated: the gold market crash, the European sovereign debt crisis, the global financial crisis, and the COVID-19 pandemic. This paper uses the nonlinear autoregressive distributed lag approach to discover five new insights utilizing daily data from July 2006 to September 2022. This research supports the prevailing view in the literature, which suggests a positive correlation between oil and gold prices. We also discover no long-term correlation exists between gold and oil prices throughout all crises. Moreover, the oil-gold price relationship does not work during all times of crises and has lost much of its former predictive potential. A short-term change in the price of gold is caused by a change in the price of Brent or West Texas Intermediate when both prices fall. To conclude, there was no correlation between Brent and gold prices before COVID-19. Investors have been drawn to gold because of the uncertainty caused by COVID-19 and that gold's price is now less volatile relative to oil prices than in the past. Our primary results are robust to alternative co-integration/integration model specifications, the integration lag, and the heteroskedasticity of the standard errors.
{"title":"Analysis of crude oil and gold price volatility and their correlation during socio-economic crises","authors":"","doi":"10.1016/j.resourpol.2024.105311","DOIUrl":"10.1016/j.resourpol.2024.105311","url":null,"abstract":"<div><div>The recent COVID-19 pandemic has prompted researchers to examine the association between gold and oil prices during different crises. In this regard, four crises have been evaluated: the gold market crash, the European sovereign debt crisis, the global financial crisis, and the COVID-19 pandemic. This paper uses the nonlinear autoregressive distributed lag approach to discover five new insights utilizing daily data from July 2006 to September 2022. This research supports the prevailing view in the literature, which suggests a positive correlation between oil and gold prices. We also discover no long-term correlation exists between gold and oil prices throughout all crises. Moreover, the oil-gold price relationship does not work during all times of crises and has lost much of its former predictive potential. A short-term change in the price of gold is caused by a change in the price of Brent or West Texas Intermediate when both prices fall. To conclude, there was no correlation between Brent and gold prices before COVID-19. Investors have been drawn to gold because of the uncertainty caused by COVID-19 and that gold's price is now less volatile relative to oil prices than in the past. Our primary results are robust to alternative co-integration/integration model specifications, the integration lag, and the heteroskedasticity of the standard errors.</div></div>","PeriodicalId":20970,"journal":{"name":"Resources Policy","volume":null,"pages":null},"PeriodicalIF":10.2,"publicationDate":"2024-09-23","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"142310891","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}
Pub Date : 2024-09-22DOI: 10.1016/j.resourpol.2024.105327
In recent years, women's involvement in informal artisanal and small-scale mining (ASM) activities in sub-Saharan African countries have surged. While many studies have attributed the increased involvement of women in ASM to the rising economic hardship in rural landscapes, a deeper interrogation of the socioeconomic and sociocultural drivers of the surge in women in ASM remains underexplored. This study inquires as follows: has women's increased participation in ASM anything to do with socioeconomic factors, or sociocultural factors, or to both? The study draws on a qualitive case study research design involving in-depth interviews with 67 women miners in northern Ghana, one of the emerging ASM hotspots. It answers the question by analyzing (1) the socioeconomic drivers of women's participation in ASM, and (2) the sociocultural drivers of women's participation in ASM. This helps in identifying the contextual constraints to women's participation in ASM in Ghana and other regions in sub-Saharan Africa. Findings show that the socioeconomic drivers of women's participation in ASM are unemployment, increasing household needs, climate change effect on agriculture, and the quest to acquire physical assets. A key contribution of the study relates to how the local communities' sub-culture, social recognition for women who made it in ASM and marital challenges drive women's participation in ASM. Participation in ASM inures to women's empowerment in the long-run provided the sociocultural, financial, and technological barriers facing women miners are addressed. The findings underscore the urgent need for a robust policy on gender mainstreaming and the creation of a gender-sensitive mining environment alongside formalization of ASM activities in developing countries.
{"title":"“If you don't go to site, they call you a lazy person”: Drivers of women's participation in artisanal and small-scale mining: The case of rural northern Ghana","authors":"","doi":"10.1016/j.resourpol.2024.105327","DOIUrl":"10.1016/j.resourpol.2024.105327","url":null,"abstract":"<div><div>In recent years, women's involvement in informal artisanal and small-scale mining (ASM) activities in sub-Saharan African countries have surged. While many studies have attributed the increased involvement of women in ASM to the rising economic hardship in rural landscapes, a deeper interrogation of the socioeconomic and sociocultural drivers of the surge in women in ASM remains underexplored. This study inquires as follows: has women's increased participation in ASM anything to do with socioeconomic factors, or sociocultural factors, or to both? The study draws on a qualitive case study research design involving in-depth interviews with 67 women miners in northern Ghana, one of the emerging ASM hotspots. It answers the question by analyzing (1) the socioeconomic drivers of women's participation in ASM, and (2) the sociocultural drivers of women's participation in ASM. This helps in identifying the contextual constraints to women's participation in ASM in Ghana and other regions in sub-Saharan Africa. Findings show that the socioeconomic drivers of women's participation in ASM are unemployment, increasing household needs, climate change effect on agriculture, and the quest to acquire physical assets. A key contribution of the study relates to how the local communities' sub-culture, social recognition for women who made it in ASM and marital challenges drive women's participation in ASM. Participation in ASM inures to women's empowerment in the long-run provided the sociocultural, financial, and technological barriers facing women miners are addressed. The findings underscore the urgent need for a robust policy on gender mainstreaming and the creation of a gender-sensitive mining environment alongside formalization of ASM activities in developing countries.</div></div>","PeriodicalId":20970,"journal":{"name":"Resources Policy","volume":null,"pages":null},"PeriodicalIF":10.2,"publicationDate":"2024-09-22","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"142310890","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}
Pub Date : 2024-09-22DOI: 10.1016/j.resourpol.2024.105322
Based on the panel data of 90 resource-based cities in China from 2011 to 2019, the study examines the impact of resource dependence on green economic growth, the transmission mechanism, and then analyzes the regulatory role played by artificial intelligence (AI). The benchmark results robustly show that resource dependence leads to the resource curse for green economic growth. Mechanism analysis shows that resource dependence inhibits the growth of the green economy by crowding out the private economy and human capital. At the same time, artificial intelligence will exacerbate the resource curse, especially in mature, environmentally regulated, fast-transitioning, resource-based cities in the East. Further research has shown that when the level of artificial intelligence exceeds a certain threshold, it alleviates the local resource curse. Our research not only explores a new perspective on the development of AI applications, but also provides precious recommendations for government departments to break the resource curse and achieve sustainable development.
{"title":"Natural resources and green economic growth: The role of artificial intelligence","authors":"","doi":"10.1016/j.resourpol.2024.105322","DOIUrl":"10.1016/j.resourpol.2024.105322","url":null,"abstract":"<div><div>Based on the panel data of 90 resource-based cities in China from 2011 to 2019, the study examines the impact of resource dependence on green economic growth, the transmission mechanism, and then analyzes the regulatory role played by artificial intelligence (AI). The benchmark results robustly show that resource dependence leads to the resource curse for green economic growth. Mechanism analysis shows that resource dependence inhibits the growth of the green economy by crowding out the private economy and human capital. At the same time, artificial intelligence will exacerbate the resource curse, especially in mature, environmentally regulated, fast-transitioning, resource-based cities in the East. Further research has shown that when the level of artificial intelligence exceeds a certain threshold, it alleviates the local resource curse. Our research not only explores a new perspective on the development of AI applications, but also provides precious recommendations for government departments to break the resource curse and achieve sustainable development.</div></div>","PeriodicalId":20970,"journal":{"name":"Resources Policy","volume":null,"pages":null},"PeriodicalIF":10.2,"publicationDate":"2024-09-22","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"142310889","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}
Pub Date : 2024-09-21DOI: 10.1016/j.resourpol.2024.105332
Madureira et al. (2023)published a timely article about the role of deep-sea mining in sustainable development – UN Agenda 2030. We take the opportunity to join the discussion initiated by the authors and highlight the known challenges in deep-sea mining discussions using rich, empirical social and natural science literature. Our premise is the following: sustainable development depends on careful assessment of pressing, known issues that need attention. Local problems require context-specific, local solutions to make propositions about the future and sustainability unambiguous and workable. Meaningful discussions on sustainability in relation to ocean and terrestrial mining depend on engagement with a broad body of literature, from anthropology to human geography, policy and governance research, among others. In sum, we hope to contribute to a more comprehensive interdisciplinary discussion on the contested topic of deep-sea mining and its role in sustainability.
{"title":"Could deep-sea mining sustain sustainability? The international seabed authority and the UN 2030 agenda","authors":"","doi":"10.1016/j.resourpol.2024.105332","DOIUrl":"10.1016/j.resourpol.2024.105332","url":null,"abstract":"<div><div>Madureira et al. (2023)published a timely article about the role of deep-sea mining in sustainable development – UN Agenda 2030. We take the opportunity to join the discussion initiated by the authors and highlight the known challenges in deep-sea mining discussions using rich, empirical social and natural science literature. Our premise is the following: sustainable development depends on careful assessment of pressing, known issues that need attention. Local problems require context-specific, local solutions to make propositions about the future and sustainability unambiguous and workable. Meaningful discussions on sustainability in relation to ocean and terrestrial mining depend on engagement with a broad body of literature, from anthropology to human geography, policy and governance research, among others. In sum, we hope to contribute to a more comprehensive interdisciplinary discussion on the contested topic of deep-sea mining and its role in sustainability.</div></div>","PeriodicalId":20970,"journal":{"name":"Resources Policy","volume":null,"pages":null},"PeriodicalIF":10.2,"publicationDate":"2024-09-21","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"142310888","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}
Pub Date : 2024-09-21DOI: 10.1016/j.resourpol.2024.105317
This research assesses how resource scarcity and digital finance affect sustainability in ASEAN countries, using data from eight members between 2005 and 2022. The CUP-FM technique highlights that digital banking significantly boosts sustainable energy, with a 1% increase leading to a 0.15% rise in sustainable energy generation. In contrast, a 1% increase in fossil fuel reserves results in a 0.43% decrease in sustainable energy output, underscoring the drawbacks of fossil fuel dependence. Expanding forest areas by 1% correlates with a 0.32% increase in sustainable energy development, stressing the need for forest conservation. Additionally, the presence of SMEs and patent applications are key drivers of sustainable energy, emphasizing the role of innovation. A positive correlation with annual temperature suggests its beneficial impact on green energy. To advance sustainability, ASEAN policymakers should enhance digital finance infrastructure, encourage renewable energy, support forest conservation, foster SMEs and innovation, and integrate climate resilience into energy strategies.
{"title":"Navigating resource scarcity and digital finance solutions for a sustainable future in ASEAN","authors":"","doi":"10.1016/j.resourpol.2024.105317","DOIUrl":"10.1016/j.resourpol.2024.105317","url":null,"abstract":"<div><div>This research assesses how resource scarcity and digital finance affect sustainability in ASEAN countries, using data from eight members between 2005 and 2022. The CUP-FM technique highlights that digital banking significantly boosts sustainable energy, with a 1% increase leading to a 0.15% rise in sustainable energy generation. In contrast, a 1% increase in fossil fuel reserves results in a 0.43% decrease in sustainable energy output, underscoring the drawbacks of fossil fuel dependence. Expanding forest areas by 1% correlates with a 0.32% increase in sustainable energy development, stressing the need for forest conservation. Additionally, the presence of SMEs and patent applications are key drivers of sustainable energy, emphasizing the role of innovation. A positive correlation with annual temperature suggests its beneficial impact on green energy. To advance sustainability, ASEAN policymakers should enhance digital finance infrastructure, encourage renewable energy, support forest conservation, foster SMEs and innovation, and integrate climate resilience into energy strategies.</div></div>","PeriodicalId":20970,"journal":{"name":"Resources Policy","volume":null,"pages":null},"PeriodicalIF":10.2,"publicationDate":"2024-09-21","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"142310892","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}
Pub Date : 2024-09-21DOI: 10.1016/j.resourpol.2024.105310
In recent times, China's economy has experienced a favorable trajectory, although it remains susceptible to both internal and geographical risks tied to environmental degradation. “Fintech” has played a pivotal role in transforming the financial landscape of China. With the widespread adoption of mobile payment platforms have become more efficient and convenient. The integration of fintech into various sectors has enhanced productivity and innovation, contributing to economic growth. With this context in mind, the main objective of this study is to investigate the relationship among fintech, natural resources, international trade, and energy consumption in shaping China's economic growth. Data ranging from 1981 to 2023 were collected from the World Economic Indicators. To gauge the dynamic relationship among the variables, a dynamic ARDL approach is employed. The findings indicate the combined positive influence of international trade (imports and exports), fintech, and renewable energy use on China's economic growth across various time intervals and frequencies. Whereas natural resources are negatively and significantly associated with the GDP. The study's outcomes prompt the formulation of policies in alignment with these discoveries.
{"title":"Exploring the impact of fintech, natural resources, energy consumption, and international trade on economic growth in China: A dynamic ARDL approach","authors":"","doi":"10.1016/j.resourpol.2024.105310","DOIUrl":"10.1016/j.resourpol.2024.105310","url":null,"abstract":"<div><p>In recent times, China's economy has experienced a favorable trajectory, although it remains susceptible to both internal and geographical risks tied to environmental degradation. “Fintech” has played a pivotal role in transforming the financial landscape of China. With the widespread adoption of mobile payment platforms have become more efficient and convenient. The integration of fintech into various sectors has enhanced productivity and innovation, contributing to economic growth. With this context in mind, the main objective of this study is to investigate the relationship among fintech, natural resources, international trade, and energy consumption in shaping China's economic growth. Data ranging from 1981 to 2023 were collected from the World Economic Indicators. To gauge the dynamic relationship among the variables, a dynamic ARDL approach is employed. The findings indicate the combined positive influence of international trade (imports and exports), fintech, and renewable energy use on China's economic growth across various time intervals and frequencies. Whereas natural resources are negatively and significantly associated with the GDP. The study's outcomes prompt the formulation of policies in alignment with these discoveries.</p></div>","PeriodicalId":20970,"journal":{"name":"Resources Policy","volume":null,"pages":null},"PeriodicalIF":10.2,"publicationDate":"2024-09-21","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"142270797","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}
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