IDEAS home Printed from https://ideas.repec.org/a/eee/jrpoli/v88y2024ics030142072301139x.html
   My bibliography  Save this article

Evaluation of relationship between nonmetallic mineral resources production and sustainable development

Author

Listed:
  • Wei, Xuhui
  • Su, Wen
  • Du, Chaofei

Abstract

This research delves into the repercussions of nonmetallic resource production on sustainability across 23 Asian economies from 2000 to 2021, employing the ARDL (Autoregressive Distributed Lag) technique. A 1% upswing in nonmetallic resource production triggers a transient 0.04% decline in sustainability, followed by a durable 0.14% upturn. Immediate effects stem from environmental resource strain, while prolonged impacts signify economic and technological growth, fostering sustainability. The Consumer Price Index (CPI) detrimentally influences sustainability by diminishing purchasing power, whereas trade openness positively contributes by facilitating technology transfer. The limited role of patent applications in promoting sustainability underscores the necessity for advancements in green patents. Initially, GDP per capita has a negative impact, but it transitions to positive in the long run, indicating a connection between income growth and sustainability. Income levels significantly influence short-term sustainability impact, particularly in lower-income countries. Policymakers are advised to prioritize efficiency, circular economy practices, green financial instruments, and sustainable corporate management to bolster sustainability in nonmetallic resource production.

Suggested Citation

  • Wei, Xuhui & Su, Wen & Du, Chaofei, 2024. "Evaluation of relationship between nonmetallic mineral resources production and sustainable development," Resources Policy, Elsevier, vol. 88(C).
  • Handle: RePEc:eee:jrpoli:v:88:y:2024:i:c:s030142072301139x
    DOI: 10.1016/j.resourpol.2023.104428
    as

    Download full text from publisher

    File URL: http://www.sciencedirect.com/science/article/pii/S030142072301139X
    Download Restriction: Full text for ScienceDirect subscribers only

    File URL: https://libkey.io/10.1016/j.resourpol.2023.104428?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. He, Xiaoping & Mou, Dunguo, 2020. "Impacts of mineral resources: Evidence from county economies in China," Energy Policy, Elsevier, vol. 136(C).
    2. Westerlund, Joakim & Edgerton, David L., 2007. "A panel bootstrap cointegration test," Economics Letters, Elsevier, vol. 97(3), pages 185-190, December.
    3. M. Hashem Pesaran, 2007. "A simple panel unit root test in the presence of cross-section dependence," Journal of Applied Econometrics, John Wiley & Sons, Ltd., vol. 22(2), pages 265-312.
    4. M. Hashem Pesaran, 2021. "General diagnostic tests for cross-sectional dependence in panels," Empirical Economics, Springer, vol. 60(1), pages 13-50, January.
    5. Dong, Xianjing & Zhang, Xiaojuan & Zhang, Congcong & Bi, Chunyu, 2023. "Building sustainability education for green recovery in the energy resource sector: A cross country analysis," Resources Policy, Elsevier, vol. 81(C).
    6. Naoyuki Yoshino & Ehsan Rasoulinezhad & Farhad Taghizadeh-Hesary, 2021. "Economic Impacts of Carbon Tax in a General Equilibrium Framework: Empirical Study of Japan," Journal of Environmental Assessment Policy and Management (JEAPM), World Scientific Publishing Co. Pte. Ltd., vol. 23(01n02), pages 1-25, June.
    7. Zhang, Yan & Wu, Tong & Song, Changsu & Hein, Lars & Shi, Faqi & Han, Mingchen & Ouyang, Zhiyun, 2022. "Influences of climate change and land use change on the interactions of ecosystem services in China’s Xijiang River Basin," Ecosystem Services, Elsevier, vol. 58(C).
    8. Han, Bing & Pu, Yuanjie & Wu, Yanqiu, 2023. "How does sustainable energy utilities integration promote green recovery? Case of central and Eastern Europe," Utilities Policy, Elsevier, vol. 83(C).
    9. Kerner, Philip & Kalthaus, Martin & Wendler, Tobias, 2023. "Economic growth and the use of natural resources: assessing the moderating role of institutions," Energy Economics, Elsevier, vol. 126(C).
    10. Ehsan Rasoulinezhad, 2020. "Environmental Impact Assessment Analysis in the Kahak’s Wind Farm," Journal of Environmental Assessment Policy and Management (JEAPM), World Scientific Publishing Co. Pte. Ltd., vol. 22(01n02), pages 1-15, June.
    11. Baz, Khan & Xu, Deyi & Cheng, Jinhua & Zhu, Yongguang & Huaping, Sun & Ali, Hashmat & Abbas, Khizar & Ali, Imad, 2022. "Effect of mineral resource complexity and fossil fuel consumption on economic growth: A new study based on the product complexity index from emerging Asian economies," Energy, Elsevier, vol. 261(PB).
    12. Jawadi, Fredj & Rozin, Philippe & Bourghelle, David, 2023. "Insights into CO2 emissions in Europe in the context of COVID-19: A panel data analysis," International Economics, Elsevier, vol. 173(C), pages 164-174.
    13. B. Lahcen & J. Brusselaers & K. Vrancken & Y. Dams & C. Silva Paes & J. Eyckmans & S. Rousseau, 2020. "Green Recovery Policies for the COVID-19 Crisis: Modelling the Impact on the Economy and Greenhouse Gas Emissions," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 76(4), pages 731-750, August.
    14. Li, Zengrong & Wu, Yanqiu & Rasoulinezhad, Ehsan & Sheng, Yishen & Bi, Chunyu, 2023. "Green economic recovery in central Asia by utilizing natural resources," Resources Policy, Elsevier, vol. 83(C).
    15. Wu, Fan & Wang, Xingguo & Liu, Tao, 2023. "Sustainable development goals, natural resources and economic growth: Evidence from China," Resources Policy, Elsevier, vol. 83(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. Wang, Chuangang & Li, Xin, 2024. "Optimizing the utilization of mineral assets and human resources for enhanced social welfare and sustainable development," Resources Policy, Elsevier, vol. 90(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. Wei, Aiping, 2024. "Fueling green growth: Unveiling the catalyst of mineral resource trade in diverse economies," Resources Policy, Elsevier, vol. 88(C).
    2. Liu, Biao & Lyu, Yifei, 2024. "Economic corruption, green recovery, and mineral trade relationships in emerging economies," Resources Policy, Elsevier, vol. 90(C).
    3. Liu, Xiaoxia & Yang, Ming & Shao, Zongyuan & Liu, Liyan & Gu, Weiyu, 2024. "Assessment of impacts of mineral raw material resource efficiency on enterprise performance," Resources Policy, Elsevier, vol. 90(C).
    4. Shen, Lihua & Zhang, Zhibin & Yang, Qin, 2024. "Is e-commerce capable to promote mineral resources? Evidence for Belt and Road Initiative countries," Resources Policy, Elsevier, vol. 88(C).
    5. Li, Jianying & Fang, Zhi, 2024. "Navigating COVID-19 disruptions for resilience and green growth in mineral resource trade," Resources Policy, Elsevier, vol. 90(C).
    6. Xiao, Zunlan & Duritan, Mary Josephine M. & Jia, Ruoya, 2024. "Resourceful futures: Integrating responsible mining and green education for sustainable development in developing and emerging economies," Resources Policy, Elsevier, vol. 88(C).
    7. Xiaoping, Chen & Yanqiu, Wu, 2024. "Cultivating green growth: The interplay of communication and resource efficiency in East Asia," Resources Policy, Elsevier, vol. 90(C).
    8. Shang, Yunfeng & Zong, Yi, 2024. "Role of e-commerce for promoting sustainability in the mining sector," Resources Policy, Elsevier, vol. 90(C).
    9. Xu, Jiaqi & Zhao, Jingfeng & Liu, Wen, 2023. "A comparative study of renewable and fossil fuels energy impacts on green development in Asian countries with divergent income inequality," Resources Policy, Elsevier, vol. 85(PA).
    10. Yulong Zhao & Qitao Wu & Rong Song & Zhaojun Qu, 2024. "RETRACTED ARTICLE: How can sectoral green economic growth alter energy transformation?," Economic Change and Restructuring, Springer, vol. 57(2), pages 1-16, April.
    11. Gao, Zhibin & Li, Zengrong, 2024. "Role of free media and political openness in achieving resources efficiency and sustainability," Resources Policy, Elsevier, vol. 90(C).
    12. Li, Liang & Chen, Yifu, 2023. "Intellectual property's role in achieving carbon neutrality through resource efficiency," Resources Policy, Elsevier, vol. 86(PB).
    13. Wang, Han & Zhang, Dongming, 2023. "Examining the interplay between fossil fuel mining, sustainable growth, and economic prosperity," Resources Policy, Elsevier, vol. 87(PA).
    14. Liu, Shijie & Lin, Minhua, 2024. "Trade dynamics of ferrous metals in emerging and developing countries," Resources Policy, Elsevier, vol. 90(C).
    15. Li, Xiang & Tong, Xiuyu, 2024. "Fostering green growth in Asian developing economies: The role of good governance in mitigating the resource curse," Resources Policy, Elsevier, vol. 90(C).
    16. Liu, Wen & Xu, Jiaqi & Cao, Lei & Li, Fuchang, 2024. "Towards iron ore mining sustainability and low-carbon transformation: Policies and implications," Resources Policy, Elsevier, vol. 90(C).
    17. Wang, Yonglong & Wang, Rui, 2024. "Mineral resource rent and sustainable transition: The mediating role of financial development," Resources Policy, Elsevier, vol. 89(C).
    18. Peng, Shuyue & Jia, Ruoya & Wang, Qianrong & Li, Tongxin & Zhang, Congcong, 2023. "Role of city sustainability in utilizing the natural resources," Resources Policy, Elsevier, vol. 86(PB).
    19. Shang, Yunfeng & Xie, Yani & Chen, Wenjie, 2024. "Addressing resource scarcity and fostering sustainability through environmental education in Asia," Resources Policy, Elsevier, vol. 90(C).
    20. Guo, Muhong & Pang, Deliang & Dong, Jingzheng, 2024. "Promoting green growth: Resource management and reosurce efficiency in East Asian and Pacific ecnomies," Resources Policy, Elsevier, vol. 90(C).

    More about this item

    Keywords

    Nonmetallic mineral resource production; Sustainable development; Environmental impact; Asian countries;
    All these keywords.

    JEL classification:

    • Q32 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Nonrenewable Resources and Conservation - - - Exhaustible Resources and Economic Development
    • O13 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Agriculture; Natural Resources; Environment; Other Primary Products
    • O53 - Economic Development, Innovation, Technological Change, and Growth - - Economywide Country Studies - - - Asia including Middle East
    • Q50 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - General

    Statistics

    Access and download statistics

    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:s030142072301139x. 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.