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Fostering the efficiency of the natural resource market for a comprehensive, long-term energy transition

Author

Listed:
  • Xu Qin

    (Guangxi Normal University)

  • Yu Yong

    (Guangxi Normal University)

Abstract

The article explores tactics to promote natural resource market efficiency to enable a thorough and sustainable energy transition. The research investigates the natural resource market's critical influence on developing sustainable energy practices through a comprehensive analysis of critical publications. The paper analyzes the relationship between financial security, industrial composition, natural resources, and their efficiency using the 2004–2019 entropy weight approach and the level of coupling coordination evaluation method. The summary highlights the need for all-encompassing strategies and examines how maximizing the effectiveness of natural resource usage might advance a sustainable energy transition. The shift, essential to reducing climate change, requires a deliberate concentration on regulatory frameworks and market processes. This study provides insights into possible avenues for improving the natural resource market's efficiency to encourage a long-lasting and sustainable energy transition via a review of recent research.

Suggested Citation

  • Xu Qin & Yu Yong, 2024. "Fostering the efficiency of the natural resource market for a comprehensive, long-term energy transition," Economic Change and Restructuring, Springer, vol. 57(3), pages 1-21, June.
    • Handle: RePEc:kap:ecopln:v:57:y:2024:i:3:d:10.1007_s10644-024-09681-2
    DOI: 10.1007/s10644-024-09681-2
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