IDEAS home Printed from https://ideas.repec.org/a/eee/jrpoli/v88y2024ics0301420723012230.html
   My bibliography  Save this article

Sustainable development or smoke?: The role of natural resources, renewable energy, and agricultural practices in China

Author

Listed:
  • Wang, Lei
  • Su, Chi Wei
  • Liu, Jing
  • Dong, Yuxing

Abstract

Numerous factors are recognized as contributors to ecological degradation. These include, but are not limited to, globalization, the consumption of natural resources, agricultural practices, and the utilization of renewable energy. To dissect and better understand this intricate phenomenon, the current study explores the intricate connections between these variables and CO2 emissions. This investigation is set against a densely populated economy over three decades, from 1990 to 2020. The findings reveal intriguing implications for policymakers. Natural resources, surprisingly, have been found to decrease CO2 emissions in the selected economy. Concurrently, both agriculture and globalization have been observed to increase CO2 emissions. On a positive note, renewable energy contributes to a reduction in CO2 emissions. Based on these empirical findings, it is recommended that policymakers actively encourage investment in renewable energy technologies and adopt sustainable practices. They should also aim to instill responsible consumption habits that reduce the overexploitation of natural resources. By incorporating these insights into policy decisions, governments can effectively mitigate ecological degradation and drive their economies towards a sustainable future.

Suggested Citation

  • Wang, Lei & Su, Chi Wei & Liu, Jing & Dong, Yuxing, 2024. "Sustainable development or smoke?: The role of natural resources, renewable energy, and agricultural practices in China," Resources Policy, Elsevier, vol. 88(C).
    • Handle: RePEc:eee:jrpoli:v:88:y:2024:i:c:s0301420723012230
    DOI: 10.1016/j.resourpol.2023.104512
    as

    Download full text from publisher

    File URL: http://www.sciencedirect.com/science/article/pii/S0301420723012230
    Download Restriction: Full text for ScienceDirect subscribers only
    File URL: https://libkey.io/10.1016/j.resourpol.2023.104512?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. Cho, Jin Seo & Kim, Tae-hwan & Shin, Yongcheol, 2015. "Quantile cointegration in the autoregressive distributed-lag modeling framework," Journal of Econometrics, Elsevier, vol. 188(1), pages 281-300.
    2. Yurtkuran, Suleyman, 2021. "The effect of agriculture, renewable energy production, and globalization on CO2 emissions in Turkey: A bootstrap ARDL approach," Renewable Energy, Elsevier, vol. 171(C), pages 1236-1245.
    3. Lv, Wendai & Mirza, Nawazish & Umar, Muhammad & Chen, Wei, 2023. "The Nexus of climate crisis and asset liability management in frontier economies," Technological Forecasting and Social Change, Elsevier, vol. 192(C).
    4. Tae-Hwan Kim & Halbert White, 2003. "Estimation, Inference, And Specification Testing For Possibly Misspecified Quantile Regression," Advances in Econometrics, in: Maximum Likelihood Estimation of Misspecified Models: Twenty Years Later, pages 107-132, Emerald Group Publishing Limited.
    5. Su, Chi-Wei & Pang, Li-Dong & Qin, Meng & Lobonţ, Oana-Ramona & Umar, Muhammad, 2023. "The spillover effects among fossil fuel, renewables and carbon markets: Evidence under the dual dilemma of climate change and energy crises," Energy, Elsevier, vol. 274(C).
    6. Chao Liang & Yin Liao & Feng Ma & Bo Zhu, 2022. "United States Oil Fund volatility prediction: the roles of leverage effect and jumps," Empirical Economics, Springer, vol. 62(5), pages 2239-2262, May.
    7. Lixun Wang & Usman Mehmood & Ephraim Bonah Agyekum & Solomon Eghosa Uhunamure & Karabo Shale, 2022. "Associating Renewable Energy, Globalization, Agriculture, and Ecological Footprints: Implications for Sustainable Environment in South Asian Countries," IJERPH, MDPI, vol. 19(16), pages 1-13, August.
    8. Khaddage-Soboh, Nada & Safi, Adnan & Faisal Rasheed, Muhammad & Hasnaoui, Amir, 2023. "Examining the role of natural resource rent, environmental regulations, and environmental taxes in sustainable development: Evidence from G-7 economies," Resources Policy, Elsevier, vol. 86(PA).
    9. Balsalobre-Lorente, Daniel & Shahbaz, Muhammad & Roubaud, David & Farhani, Sahbi, 2018. "How economic growth, renewable electricity and natural resources contribute to CO2 emissions?," Energy Policy, Elsevier, vol. 113(C), pages 356-367.
    10. Balsalobre, Daniel & Sinha, Avik & Driha, Oana M. & Shujaat Mubarik, Muhammad, 2021. "Assessing the Impacts of Ageing and Natural Resource Extraction on Carbon Emissions: A proposed Policy Framework for European Economies," MPRA Paper 108159, University Library of Munich, Germany, revised 2021.
    11. Adnan Safi & Xianrong Yi & Salman Wahab & Yingying Chen & Hassan Hassan, 2021. "CEO overconfidence, firm-specific factors, and systemic risk: evidence from China," Risk Management, Palgrave Macmillan, vol. 23(1), pages 30-47, June.
    12. Usman Mehmood & Ephraim Bonah Agyekum & Solomon Eghosa Uhunamure & Karabo Shale & Ayesha Mariam, 2022. "Evaluating the Influences of Natural Resources and Ageing People on CO 2 Emissions in G-11 Nations: Application of CS-ARDL Approach," IJERPH, MDPI, vol. 19(3), pages 1-14, January.
    13. Pata, Ugur Korkut, 2021. "Linking renewable energy, globalization, agriculture, CO2 emissions and ecological footprint in BRIC countries: A sustainability perspective," Renewable Energy, Elsevier, vol. 173(C), pages 197-208.
    14. Hayat, Sikandar & Safi, Adnan & Wahab, Salman & Shahzad, Khurram & Chen, Yingying, 2023. "Renewable energy R&D and natural resources: A success story of environmentally friendly financing in OECD economies," Resources Policy, Elsevier, vol. 83(C).
    15. Ji, Xiangfeng & Song, Tianyu & Umar, Muhammad & Safi, Adnan, 2023. "How China is mitigating resource curse through infrastructural development?," Resources Policy, Elsevier, vol. 82(C).
    16. Naqvi, Bushra & Rizvi, Syed Kumail Abbas & Mirza, Nawazish & Umar, Muhammad, 2023. "Financial market development: A potentiating policy choice for the green transition in G7 economies," International Review of Financial Analysis, Elsevier, vol. 87(C).
    17. Su, Yun Hsuan & Rizvi, Syed Kumail Abbas & Umar, Muhammad & Chang, Hsuling, 2023. "Unveiling the relationship between oil and green bonds: Spillover dynamics and implications," Energy Economics, Elsevier, vol. 127(PA).
    18. Sun, Yunpeng & Li, Haoning & Andlib, Zubaria & Genie, Mesfin G., 2022. "How do renewable energy and urbanization cause carbon emissions? Evidence from advanced panel estimation techniques," Renewable Energy, Elsevier, vol. 185(C), pages 996-1005.
    19. Yang, Shuangpeng & umar, Muhammad, 2022. "How globalization is reshaping the environmental quality in G7 economies in the presence of renewable energy initiatives?," Renewable Energy, Elsevier, vol. 193(C), pages 128-135.
    20. Suyi Kim, 2022. "The Effects of Information and Communication Technology, Economic Growth, Trade Openness, and Renewable Energy on CO 2 Emissions in OECD Countries," Energies, MDPI, vol. 15(7), pages 1-15, March.
    21. Abbasi, Kashif Raza & Adedoyin, Festus Fatai & Abbas, Jaffar & Hussain, Khadim, 2021. "The impact of energy depletion and renewable energy on CO2 emissions in Thailand: Fresh evidence from the novel dynamic ARDL simulation," Renewable Energy, Elsevier, vol. 180(C), pages 1439-1450.
    22. Li, Zongyun & Rizvi, Syed Kumail Abbas & Rubbaniy, Ghulame & Umar, Muhammad, 2021. "Understanding the dynamics of resource curse in G7 countries: The role of natural resource rents and the three facets of financial development," Resources Policy, Elsevier, vol. 73(C).
    23. Guo, Xiaozhu & Liang, Chao & Umar, Muhammad & Mirza, Nawazish, 2022. "The impact of fossil fuel divestments and energy transitions on mutual funds performance," Technological Forecasting and Social Change, Elsevier, vol. 176(C).
    24. Qin, Meng & Su, Chi-Wei & Umar, Muhammad & Lobonţ, Oana-Ramona & Manta, Alina Georgiana, 2023. "Are climate and geopolitics the challenges to sustainable development? Novel evidence from the global supply chain," Economic Analysis and Policy, Elsevier, vol. 77(C), pages 748-763.
    25. Otto Spijkers, 2018. "Intergenerational Equity and the Sustainable Development Goals," Sustainability, MDPI, vol. 10(11), pages 1-12, October.
    26. Yousaf, Imran & Nekhili, Ramzi & Umar, Muhammad, 2022. "Extreme connectedness between renewable energy tokens and fossil fuel markets," Energy Economics, Elsevier, vol. 114(C).
    27. Chien, Fengsheng & Ajaz, Tahseen & Andlib, Zubaria & Chau, Ka Yin & Ahmad, Paiman & Sharif, Arshian, 2021. "The role of technology innovation, renewable energy and globalization in reducing environmental degradation in Pakistan: A step towards sustainable environment," Renewable Energy, Elsevier, vol. 177(C), pages 308-317.
    28. Hussain, Jamal & Khan, Anwar & Zhou, Kui, 2020. "The impact of natural resource depletion on energy use and CO2 emission in Belt & Road Initiative countries: A cross-country analysis," Energy, Elsevier, vol. 199(C).
    29. Dervis Kirikkaleli & Hasan Güngör & Tomiwa Sunday Adebayo, 2022. "Consumption‐based carbon emissions, renewable energy consumption, financial development and economic growth in Chile," Business Strategy and the Environment, Wiley Blackwell, vol. 31(3), pages 1123-1137, March.
    30. Victor Troster, 2018. "Testing for Granger-causality in quantiles," Econometric Reviews, Taylor & Francis Journals, vol. 37(8), pages 850-866, September.
    31. Yang, Jinxuan & Rizvi, Syed Kumail Abbas & Tan, Zhixiong & Umar, Muhammad & Koondhar, Mansoor Ahmed, 2021. "The competing role of natural gas and oil as fossil fuel and the non-linear dynamics of resource curse in Russia," Resources Policy, Elsevier, vol. 72(C).
    Full references (including those not matched with items on IDEAS)

    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. Yu, Siming & Wan, Kang & Cai, Cheng & Xu, Lingli & Zhao, Tuanjie, 2023. "Resource curse and green growth in China: Role of energy transitions under COP26 declarations," Resources Policy, Elsevier, vol. 85(PA).
    2. Khan, Yasir & Hassan, Taimoor, 2024. "Promoting sustainable development: Evaluating the influence of natural resources, high-tech export and corruption on CO2 emissions in developing economies," Resources Policy, Elsevier, vol. 88(C).
    3. Wang, Zhen & Hu, Difei & Sami, Fariha & Uktamov, Khusniddin Fakhriddinovich, 2023. "Revisiting China's natural resources-growth-emissions nexus: Education expenditures and renewable energy innovation," Resources Policy, Elsevier, vol. 85(PA).
    4. Zhang, HongWei & Ben, Fang & Qin, Meng, 2024. "Mineral resources, tourism, human capital, and carbon neutrality: A path towards balanced and sustainable development," Resources Policy, Elsevier, vol. 90(C).
    5. Guan, Lu & Zhao, Chang, 2024. "Exploring the dual role of financial inclusion and mineral resources in elevating sustainable development," Resources Policy, Elsevier, vol. 90(C).
    6. Li, Yinan & Huang, Yuxin, 2023. "Enhancing resources efficiency: Studying economic development in resource-rich regions for long-term sustainability of China," Resources Policy, Elsevier, vol. 86(PA).
    7. Zheng, ShiYong & Liu, Hua & Hafeez, Muhammad & Wang, Xiaofeng & Fahad, Shah & Yue, Xiao-Guang, 2023. "Testing the resource curse hypothesis: The dynamic roles of institutional quality, inflation and growth for Dragon," Resources Policy, Elsevier, vol. 85(PA).
    8. Xie, Xin & Liu, Yufeng & Jiang, Xiaoxi & Wang, Zi Xuan, 2024. "Natural resources utilization, ICT growth, and renewable energy consumption: Pathways to sustainable development in China," Resources Policy, Elsevier, vol. 89(C).
    9. Pan, Changchun & Yu, Jingxia & Huang, Yuzhe & Altuntas, Sumeyya, 2023. "The dynamic relationship between resources, finances, and sustainable development: An in-depth analysis," Resources Policy, Elsevier, vol. 86(PB).
    10. Yan, Han, 2024. "How do mineral resources and financial expenditure influence sustainable environment? Exploring the role of social globalization and trade policy uncertainty in China," Resources Policy, Elsevier, vol. 90(C).
    11. Wang, Canghong & Zheng, Chaoliang & Hu, Caishuang & Luo, Yibin & Liang, Miya, 2023. "Resources sustainability and energy transition in China: Asymmetric role of digital trade and policy uncertainty using QARDL," Resources Policy, Elsevier, vol. 85(PB).
    12. Wang, Fanyi & Ma, Wanying & Mirza, Nawazish & Altuntaş, Mehmet, 2023. "Green financing, financial uncertainty, geopolitical risk, and oil prices volatility," Resources Policy, Elsevier, vol. 83(C).
    13. Li, Tianyu & Yue, Xiao-Guang & Waheed, Humayun & Yıldırım, Bilal, 2023. "Can energy efficiency and natural resources foster economic growth? Evidence from BRICS countries," Resources Policy, Elsevier, vol. 83(C).
    14. Khan, Yasir & Hassan, Taimoor & Guiqin, Huang & Nabi, Ghulam, 2023. "Analyzing the impact of natural resources and rule of law on sustainable environment: A proposed policy framework for BRICS economies," Resources Policy, Elsevier, vol. 86(PA).
    15. Lisha, Liu & Mousa, Saeed & Arnone, Gioia & Muda, Iskandar & Huerta-Soto, Rosario & Shiming, Zhai, 2023. "Natural resources, green innovation, fintech, and sustainability: A fresh insight from BRICS," Resources Policy, Elsevier, vol. 80(C).
    16. Zhang, Mingming & Wong, Wing-Keung & Kim Oanh, Thai Thi & Muda, Iskandar & Islam, Saiful & Hishan, Sanil S. & Abduvaxitovna, Shamansurova Zilola, 2023. "Regulating environmental pollution through natural resources and technology innovation: Revisiting the environment Kuznet curve in China through quantile-based ARDL estimations," Resources Policy, Elsevier, vol. 85(PA).
    17. Tian, Lulu & Yan, Wenying & Xu, Baochang & Hasnaoui, Amir, 2024. "Beyond the resource curse: The multifaceted impact of mineral resources, financial systems, and workforce competence," Resources Policy, Elsevier, vol. 89(C).
    18. Xu, Xiaofang & Yu, Wanqing & Zhao, Xingju & Xu, Wei, 2023. "Reassessing the linkage between natural resources and economic growth in China: Delving into the impacts of national resource taxes, renewable energy, financial advancements, and provincial fiscal exp," Resources Policy, Elsevier, vol. 86(PA).
    19. Nawaz, Kishwar & Lahiani, Amine & Roubaud, David, 2023. "Do natural resources determine energy consumption in Pakistan? The importance of quantile asymmetries," The Quarterly Review of Economics and Finance, Elsevier, vol. 87(C), pages 200-211.
    20. Zhang, Lu & Zhao, Huawei, 2024. "Sustainable development mechanism: The role of natural resources, remittance and policy uncertainty," Resources Policy, Elsevier, vol. 90(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:s0301420723012230. 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.