IDEAS home Printed from https://ideas.repec.org/a/eee/jrpoli/v88y2024ics0301420723011030.html
   My bibliography  Save this article

Exploring the nexus between structural capital, carbon neutrality and sustainable competitiveness: Evidence from natural resource exploitation in the post-COVID-19 era

Author

Listed:
  • Wei, Feiqiong
  • Han, Jiatong
  • Xu, Wei

Abstract

In the aftermath of global commitments post the Paris Climate Conference, the onus on developing nations to achieve sustainable economic growth and carbon neutrality has intensified. The mining sector, particularly in major economies like the People’s Republic of China and India, stands at the forefront of this challenge due to its significant carbon footprint. Despite the sector’s pivotal role in carbon emissions, scant research has delved into the influence of structural capital in achieving carbon neutrality and sustainable competitiveness within this domain. To address this lacuna, the present study scrutinizes the interplay between structural capital, carbon neutrality, and sustainable competitiveness, employing panel data from 2015 to 2019. Advanced panel estimators are utilized, taking into account nuances such as cross-sectional dependence, stationarity, and potential structural breaks. The findings illuminate that adept management of structural capital not only bolsters carbon neutrality but also enhances sustainable competitiveness. Furthermore, carbon neutrality emerges as a significant mediator in the relationship between structural capital and sustainable competitiveness. These insights are buttressed by robustness checks. In light of these revelations, the study advocates for strategic integration of environmental considerations in the mining sector’s operations, emphasizing the adoption of green practices and carbon emission reduction measures. The paper concludes by offering both theoretical insights and pragmatic recommendations for the mining sector’s trajectory towards a carbon-neutral future.

Suggested Citation

  • Wei, Feiqiong & Han, Jiatong & Xu, Wei, 2024. "Exploring the nexus between structural capital, carbon neutrality and sustainable competitiveness: Evidence from natural resource exploitation in the post-COVID-19 era," Resources Policy, Elsevier, vol. 88(C).
    • Handle: RePEc:eee:jrpoli:v:88:y:2024:i:c:s0301420723011030
    DOI: 10.1016/j.resourpol.2023.104392
    as

    Download full text from publisher

    File URL: http://www.sciencedirect.com/science/article/pii/S0301420723011030
    Download Restriction: Full text for ScienceDirect subscribers only
    File URL: https://libkey.io/10.1016/j.resourpol.2023.104392?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    References listed on IDEAS

    as
    1. Hashim Zameer & Ying Wang & Muhammad Rashid Saeed, 2021. "Net‐zero emission targets and the role of managerial environmental awareness, customer pressure, and regulatory control toward environmental performance," Business Strategy and the Environment, Wiley Blackwell, vol. 30(8), pages 4223-4236, December.
    2. Fuquan Zhao & Fanlong Bai & Xinglong Liu & Zongwei Liu, 2022. "A Review on Renewable Energy Transition under China’s Carbon Neutrality Target," Sustainability, MDPI, vol. 14(22), pages 1-27, November.
    3. Cai, Jinyang & Zheng, Huanyu & Vardanyan, Michael & Shen, Zhiyang, 2023. "Achieving carbon neutrality through green technological progress: evidence from China," Energy Policy, Elsevier, vol. 173(C).
    4. José Vale & Rafaela Miranda & Graça Azevedo & Maria C. Tavares, 2022. "The Impact of Sustainable Intellectual Capital on Sustainable Performance: A Case Study," Sustainability, MDPI, vol. 14(8), pages 1-17, April.
    5. Lahiani, Amine & Mefteh-Wali, Salma & Shahbaz, Muhammad & Vo, Xuan Vinh, 2021. "Does financial development influence renewable energy consumption to achieve carbon neutrality in the USA?," Energy Policy, Elsevier, vol. 158(C).
    6. Fayez Nahedh Alsehani & Ainuddin Wahid Bin Abdul Wahab & Liyana Shuib, 2023. "Exploring Social Media and Organisational Sustainability Performance Goals: Themes, Functional Areas, and Practices Learning from the Preceding Decade," Sustainability, MDPI, vol. 15(3), pages 1-17, January.
    7. Subrata Chakrabarty & Liang Wang, 2012. "The Long-Term Sustenance of Sustainability Practices in MNCs: A Dynamic Capabilities Perspective of the Role of R&D and Internationalization," Journal of Business Ethics, Springer, vol. 110(2), pages 205-217, October.
    8. Mahmood, Tarique & Mubarik, Muhammad Shujaat, 2020. "Balancing innovation and exploitation in the fourth industrial revolution: Role of intellectual capital and technology absorptive capacity," Technological Forecasting and Social Change, Elsevier, vol. 160(C).
    9. Kusi-Sarpong, Simonov & Mubarik, Muhammad Shujaat & Khan, Sharfuddin Ahmed & Brown, Steve & Mubarak, Muhammad Faraz, 2022. "Intellectual capital, blockchain-driven supply chain and sustainable production: Role of supply chain mapping," Technological Forecasting and Social Change, Elsevier, vol. 175(C).
    10. Zhang, Rui & Sharma, Rajesh & Tan, Zhixiong & Kautish, Pradeep, 2022. "Do export diversification and stock market development drive carbon intensity? The role of renewable energy solutions in top carbon emitter countries," Renewable Energy, Elsevier, vol. 185(C), pages 1318-1328.
    11. Amrizah Kamaluddin & Rashidah Abdul Rahman, 2013. "The intellectual capital model: the resource-based theory application," International Journal of Learning and Intellectual Capital, Inderscience Enterprises Ltd, vol. 10(3/4), pages 294-313.
    12. Alvin Camba & Guanie Lim & Kevin Gallagher, 2022. "Leading sector and dual economy: how Indonesia and Malaysia mobilised Chinese capital in mineral processing," Third World Quarterly, Taylor & Francis Journals, vol. 43(10), pages 2375-2395, October.
    13. Muhammad Shujaat Mubarik & Nick Bontis, 2022. "Intellectual capital, leadership and competitive advantage: a study of the Malaysian electrical and electronics industry," International Journal of Learning and Intellectual Capital, Inderscience Enterprises Ltd, vol. 19(6), pages 562-583.
    14. Sharfuddin Ahmed Khan & Muhammad Shujaat Mubarik & Simonov Kusi‐Sarpong & Himanshu Gupta & Syed Imran Zaman & Mobashar Mubarik, 2022. "Blockchain technologies as enablers of supply chain mapping for sustainable supply chains," Business Strategy and the Environment, Wiley Blackwell, vol. 31(8), pages 3742-3756, December.
    15. Muhammad Shujaat Mubarik & V. G. R. Chandran & Evelyn S. Devadason, 2018. "Measuring Human Capital in Small and Medium Manufacturing Enterprises: What Matters?," Social Indicators Research: An International and Interdisciplinary Journal for Quality-of-Life Measurement, Springer, vol. 137(2), pages 605-623, June.
    16. Sajid Nazir & Muhammad Junaid & Mahmood Ali & Muhammad Saad, 2023. "Role of Intellectual Capital in Implementing Blockchain Technology-Driven Sustainable Supply Chain: A Proposed Framework," Management for Professionals, in: Muhammad Shujaat Mubarik & Muhammad Shahbaz (ed.), Blockchain Driven Supply Chain Management, pages 201-218, Springer.
    17. Carla Curado & Nick Bontis, 2006. "The knowledge-based view of the firm and its theoretical precursor," International Journal of Learning and Intellectual Capital, Inderscience Enterprises Ltd, vol. 3(4), pages 367-381.
    18. Teng, Zhong-lu & Guo, Cheng & Zhao, Qiuhan & Mubarik, Muhammad Shujaat, 2023. "Antecedents of green process innovation adoption: An AHP analysis of China's gas sector," Resources Policy, Elsevier, vol. 85(PA).
    19. Simonov Kusi-Sarpong & Yu (Jack) Gong & Steve Brown & Himanshu Gupta & Chunguang Bai & Ifeyinwa Juliet Orji, 2023. "Multi-tier sustainable supply chains management for global sustainability," International Journal of Production Research, Taylor & Francis Journals, vol. 61(14), pages 4592-4602, July.
    20. Dai, Jiapeng & Ahmed, Zahoor & Sinha, Avik & Pata, Ugur Korkut & Alvarado, Rafael, 2023. "Sustainable green electricity, technological innovation, and ecological footprint: Does democratic accountability moderate the nexus?," Utilities Policy, Elsevier, vol. 82(C).
    21. Hossain, MD Shouquat & Fang, Yan Ru & Ma, Teng & Huang, Chen & Dai, Hancheng, 2023. "The role of electric vehicles in decarbonizing India's road passenger toward carbon neutrality and clean air: A state-level analysis," Energy, Elsevier, vol. 273(C).
    22. Lin, Boqiang & Guan, Chunxu, 2023. "Evaluation and determinants of total unified efficiency of China's manufacturing sector under the carbon neutrality target," Energy Economics, Elsevier, vol. 119(C).
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Zhang, Jian & Eid, Riyad & Agag, Gomaa & Chen, Chunxiao & Fu, Ruibing, 2024. "Exploring the link between entrepreneurial passion and SMEs retailers’ performance: The role of exploration and exploitation under different cultural contexts," Journal of Retailing and Consumer Services, Elsevier, vol. 78(C).

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Nazir, Sajid & Ali, Mahmood & Saeed, Munazza & Mubarik, Muhammad Shahzad & Jalil, Qasim, 2024. "Sustainable performance and disaster management in the oil and gas industry: An intellectual capital perspective," Resources Policy, Elsevier, vol. 92(C).
    2. Yang, Fucheng & Luo, Chunyang & Pan, Lu, 2024. "Do digitalization and intellectual capital drive sustainable open innovation of natural resources sector? Evidence from China," Resources Policy, Elsevier, vol. 88(C).
    3. Zhang, Shuyuan & Xie, Wenlan & Sun, Siying & Wu, Fan & Xue, Ying, 2024. "Nexus of green energy innovation, governance quality, and CO2 emissions in natural resource sector: The role of sustainable human development," Resources Policy, Elsevier, vol. 88(C).
    4. Liu, Chengyi & Zhang, Luzi & Wu, Fan & Xia, Ruoxuan, 2024. "Role of sustainable management policy and carbon neutral processes in improving sustainable performance: Study of China's aluminium sector," Resources Policy, Elsevier, vol. 88(C).
    5. Liu, Siqin & Cai, Hanquan & Cai, Xiaotong, 2023. "The paradox of digitalization, competitiveness, and sustainability: A firm-level study of natural resources exploitation in post Covid-19 for China," Resources Policy, Elsevier, vol. 85(PA).
    6. Qader, Ghulam & Junaid, Muhammad & Abbas, Qamar & Mubarik, Muhammad Shujaat, 2022. "Industry 4.0 enables supply chain resilience and supply chain performance," Technological Forecasting and Social Change, Elsevier, vol. 185(C).
    7. Cai, Chunlin & Li, Ning, 2023. "The threshold effect of export sophistication on natural resources-trade diversification nexus," Resources Policy, Elsevier, vol. 86(PA).
    8. Wang, Yongpei & Yan, Qing & Luo, Yifei & Zhang, Qian, 2023. "Carbon abatement of electricity sector with renewable energy deployment: Evidence from China," Renewable Energy, Elsevier, vol. 210(C), pages 1-11.
    9. Kusi-Sarpong, Simonov & Mubarik, Muhammad Shujaat & Khan, Sharfuddin Ahmed & Brown, Steve & Mubarak, Muhammad Faraz, 2022. "Intellectual capital, blockchain-driven supply chain and sustainable production: Role of supply chain mapping," Technological Forecasting and Social Change, Elsevier, vol. 175(C).
    10. He, Qiao & Li, Wenjuan & Zhang, Panpan & Guo, Cheng, 2024. "Corporate governance, policy robustness and carbon neutrality in the digital economy: Insights from the natural resource exploitation sector," Resources Policy, Elsevier, vol. 88(C).
    11. Ahmed, Adeel & Bhatti, Sabeen Hussain & Gölgeci, Ismail & Arslan, Ahmad, 2022. "Digital platform capability and organizational agility of emerging market manufacturing SMEs: The mediating role of intellectual capital and the moderating role of environmental dynamism," Technological Forecasting and Social Change, Elsevier, vol. 177(C).
    12. Sharfuddin Ahmed Khan & Muhammad Shujaat Mubarik & Simonov Kusi‐Sarpong & Syed Imran Zaman & Syed Hasnain Alam Kazmi, 2021. "Social sustainable supply chains in the food industry: A perspective of an emerging economy," Corporate Social Responsibility and Environmental Management, John Wiley & Sons, vol. 28(1), pages 404-418, January.
    13. Guan, Lijie & Li, Wenjuan & Guo, Cheng & Huang, Jian, 2023. "Environmental strategy for sustainable development: Role of digital transformation in China's natural resource exploitation," Resources Policy, Elsevier, vol. 87(PA).
    14. Teng, Zhong-lu & Guo, Cheng & Zhao, Qiuhan & Mubarik, Muhammad Shujaat, 2023. "Antecedents of green process innovation adoption: An AHP analysis of China's gas sector," Resources Policy, Elsevier, vol. 85(PA).
    15. He, Guohua & Zhu, Peiling & Wu, Changjun, 2024. "Financial innovation, green investment, and sustainable mineral extractions in China," Resources Policy, Elsevier, vol. 90(C).
    16. Dahui Zhou & Svetlana Danshina & Anastasia Kurilova & Marcin Lis, 2021. "The Impact of an Enterprise’s Intellectualization on Its Leadership Potential," Sustainability, MDPI, vol. 13(17), pages 1-19, August.
    17. Han, Yue & Bao, Mengqi & Niu, Yanfang & Rehman, Jamshaid ur, 2024. "Driving towards net zero emissions: The role of natural resources, government debt and political stability," Resources Policy, Elsevier, vol. 88(C).
    18. Liu, Wei & Zhang, Jian & Ji, Ming & Luo, Yujia, 2024. "Investigating the link between green finance, environmental orientation, and carbon neutrality: A panel study of the metal extraction sector," Resources Policy, Elsevier, vol. 89(C).
    19. Paula Benevene & Ilaria Buonomo & Eric Kong & Martina Pansini & Maria Luisa Farnese, 2021. "Management of Green Intellectual Capital: Evidence-Based Literature Review and Future Directions," Sustainability, MDPI, vol. 13(15), pages 1-22, July.
    20. Hu, Kexiang & Chen, Yanyu & Mu, Siying & Tan, Zhixiong, 2024. "Green inclusive leadership, green policy, and pursuit of sustainability in natural resources: A firm-level analysis in context of Ukraine-Russia war," Resources Policy, Elsevier, vol. 89(C).

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:eee:jrpoli:v:88:y:2024:i:c:s0301420723011030. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Catherine Liu (email available below). General contact details of provider: http://www.elsevier.com/locate/inca/30467 .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.