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Determinants of trade of mineral resources between China and ASEAN

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  • Wang, Bo
  • Yang, Haoting
  • Tian, Wenjuan
  • Bi, Chunyu

Abstract

This research evaluates the mineral resources trade pattern between China and ten ASEAN members using the Autoregressive Distributed Lag technique and annual data from 2000 to 2021. The findings confirmed that the sustainable development index harms the trade of mineral resources between China and ASEAN countries. Regarding the export of mineral resources from China to ASEAN countries, the openness of the financial markets has no significant effect. Besides, the poverty variable significantly impacts only in the short term. However, regarding China's import of mineral resources from ASEAN countries, the indicators of poverty and the openness of China's financial markets are effective in the short- and long-term. The suggested practical policies by this research are developing poverty alleviation policies, expanding regional financial markets, and multilateral trade agreements in technology transfer and green utilities.

Suggested Citation

  • Wang, Bo & Yang, Haoting & Tian, Wenjuan & Bi, Chunyu, 2023. "Determinants of trade of mineral resources between China and ASEAN," Resources Policy, Elsevier, vol. 85(PB).
    • Handle: RePEc:eee:jrpoli:v:85:y:2023:i:pb:s0301420723004853
    DOI: 10.1016/j.resourpol.2023.103774
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    Cited by:

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    2. Sohail, Muhammad Tayyab & Din, Norashidah Md, 2024. "How do digital inclusion and energy security risks affect mineral resources trade? Evidence from world-leading mineral trading countries," Resources Policy, Elsevier, vol. 89(C).
    3. Fikru, Mahelet G. & Kilinc-Ata, Nurcan & Belaïd, Fateh, 2024. "Climate policy stringency and trade in energy transition minerals: An analysis of response patterns," Resources Policy, Elsevier, vol. 96(C).
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    6. Li, Jianying & Fang, Zhi, 2024. "Navigating COVID-19 disruptions for resilience and green growth in mineral resource trade," Resources Policy, Elsevier, vol. 90(C).

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    More about this item

    Keywords

    Mineral resources; Sustainable development index; Intercountries trade force; Panel data; China; ASEAN;
    All these keywords.

    JEL classification:

    • N51 - Economic History - - Agriculture, Natural Resources, Environment and Extractive Industries - - - U.S.; Canada: Pre-1913
    • C23 - Mathematical and Quantitative Methods - - Single Equation Models; Single Variables - - - Models with Panel Data; Spatio-temporal Models
    • F12 - International Economics - - Trade - - - Models of Trade with Imperfect Competition and Scale Economies; Fragmentation
    • L81 - Industrial Organization - - Industry Studies: Services - - - Retail and Wholesale Trade; e-Commerce

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