Impact of natural resource mining on sustainable economic development: The role of education and green innovation in China
Li, Xing; Ma, Lina; Ruman, Asif M.; Iqbal, Najaf; Strielkowski, Wadim (2023-09-03)
Li, Xing
Ma, Lina
Ruman, Asif M.
Iqbal, Najaf
Strielkowski, Wadim
Elsevier
03.09.2023
Xing Li, Lina Ma, Asif M. Ruman, Najaf Iqbal, Wadim Strielkowski, Impact of natural resource mining on sustainable economic development: The role of education and green innovation in China, Geoscience Frontiers, Volume 15, Issue 3, 2024, 101703, ISSN 1674-9871, https://doi.org/10.1016/j.gsf.2023.101703
https://creativecommons.org/licenses/by-nc-nd/4.0/
© 2023 China University of Geosciences (Beijing) and Peking University. Published by Elsevier B.V. on behalf of China University of Geosciences (Beijing). This is an open access article under the CC BY-NC-ND license (http://creativecommons.org/licenses/by-nc-nd/4.0/).
https://creativecommons.org/licenses/by-nc-nd/4.0/
© 2023 China University of Geosciences (Beijing) and Peking University. Published by Elsevier B.V. on behalf of China University of Geosciences (Beijing). This is an open access article under the CC BY-NC-ND license (http://creativecommons.org/licenses/by-nc-nd/4.0/).
https://creativecommons.org/licenses/by-nc-nd/4.0/
Julkaisun pysyvä osoite on
https://urn.fi/URN:NBN:fi:oulu-202405033100
https://urn.fi/URN:NBN:fi:oulu-202405033100
Tiivistelmä
Abstract
As the extraction and usage of natural resources continue to be a double-edged sword – supporting economic growth but deteriorating the environment- we study the impact of natural resource mining on sustainable economic development in the largest (PPP) economy – China. We use province-level data from 2001 to 2020 and employ econometric panel techniques, such as fixed effects, two-stage least squares, and a battery of robustness tests. We further explore the potential effects of education and green innovation in mitigating/exacerbating the role of natural resources in the Chinese provincial economy. The results show that: (1) Natural resource mining hurts sustainable development, verifying the “resource curse” effect. (2) Green innovation and education restrain the negative impact of resource mining on sustainable development, turning the curse into a blessing. (3) A regional heterogeneity is observed in the impact of resource mining on sustainable development, showing more significant effects in the Western and low-urbanized regions. (4) Green innovation and education can assuage the curse effect of natural resources into gospel effect. Policy implications and recommendations are proposed in light of the findings to promote sustainable economic development in China.
As the extraction and usage of natural resources continue to be a double-edged sword – supporting economic growth but deteriorating the environment- we study the impact of natural resource mining on sustainable economic development in the largest (PPP) economy – China. We use province-level data from 2001 to 2020 and employ econometric panel techniques, such as fixed effects, two-stage least squares, and a battery of robustness tests. We further explore the potential effects of education and green innovation in mitigating/exacerbating the role of natural resources in the Chinese provincial economy. The results show that: (1) Natural resource mining hurts sustainable development, verifying the “resource curse” effect. (2) Green innovation and education restrain the negative impact of resource mining on sustainable development, turning the curse into a blessing. (3) A regional heterogeneity is observed in the impact of resource mining on sustainable development, showing more significant effects in the Western and low-urbanized regions. (4) Green innovation and education can assuage the curse effect of natural resources into gospel effect. Policy implications and recommendations are proposed in light of the findings to promote sustainable economic development in China.
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