IDEAS home Printed from https://ideas.repec.org/a/eee/jrpoli/v90y2024ics0301420724001089.html
   My bibliography  Save this article

Supporting investment on long-term funding to maximize the effect of efficient use of natural resources

Author

Listed:
  • Sun, Suchao
  • Xing, Tiancai
  • Fan, Dong

Abstract

Global sustainable development is increasingly contingent on underpinning investment to multiply the number of practical uses of natural resources to enhance the impact on funding stability over the long term. This study investigates this imperative for the 1993–2018 time period through the CS-ARDL model in the case of China. The study reveals a statistically significant correlation between enhanced resource efficiency and a positive trajectory in long-term funding, underscoring the importance of strategic investments to maximize the beneficial effects on financial sustainability. Furthermore, the econometric findings demonstrate that variations in investment patterns significantly contribute to fluctuations in the efficiency of natural resource utilization, thereby influencing the long-term funding outcomes observed. This study's findings suggest that policy initiatives should prioritize strategic investments in natural resource efficiency, serving as a pivotal approach to bolster long-term funding sustainability and facilitate resilient economic development in China.

Suggested Citation

  • Sun, Suchao & Xing, Tiancai & Fan, Dong, 2024. "Supporting investment on long-term funding to maximize the effect of efficient use of natural resources," Resources Policy, Elsevier, vol. 90(C).
    • Handle: RePEc:eee:jrpoli:v:90:y:2024:i:c:s0301420724001089
    DOI: 10.1016/j.resourpol.2024.104741
    as

    Download full text from publisher

    File URL: http://www.sciencedirect.com/science/article/pii/S0301420724001089
    Download Restriction: Full text for ScienceDirect subscribers only
    File URL: https://libkey.io/10.1016/j.resourpol.2024.104741?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. Xiuzhen, Xie & Zheng, Wenxiu & Umair, Muhammad, 2022. "Testing the fluctuations of oil resource price volatility: A hurdle for economic recovery," Resources Policy, Elsevier, vol. 79(C).
    2. Xiang Cui & Muhammad Umair & Ganijon Ibragimove Gayratovich & Azer Dilanchiev, 2023. "Do Remittances Mitigate Poverty? An Empirical Evidence From 15 Selected Asian Economies," The Singapore Economic Review (SER), World Scientific Publishing Co. Pte. Ltd., vol. 68(04), pages 1447-1468, June.
    3. Rabindra Nepal & Han Phoumin & Abiral Khatri, 2021. "Green Technological Development and Deployment in the Association of Southeast Asian Economies (ASEAN)—At Crossroads or Roundabout?," Sustainability, MDPI, vol. 13(2), pages 1-19, January.
    4. Yu, Mengyan & Umair, Muhammad & Oskenbayev, Yessengali & Karabayeva, Zhаnsaya, 2023. "Exploring the nexus between monetary uncertainty and volatility in global crude oil: A contemporary approach of regime-switching," Resources Policy, Elsevier, vol. 85(PB).
    5. Li, ChangZheng & Umair, Muhammad, 2023. "Does green finance development goals affects renewable energy in China," Renewable Energy, Elsevier, vol. 203(C), pages 898-905.
    6. Muhammad Ramzan & Ummara Razi & Muhammad Umer Quddoos & Tomiwa Sunday Adebayo, 2023. "Do green innovation and financial globalization contribute to the ecological sustainability and energy transition in the United Kingdom? Policy insights from a bootstrap rolling window approach," Sustainable Development, John Wiley & Sons, Ltd., vol. 31(1), pages 393-414, February.
    7. Wang, Shuguang & Sun, Luang & Iqbal, Sajid, 2022. "Green financing role on renewable energy dependence and energy transition in E7 economies," Renewable Energy, Elsevier, vol. 200(C), pages 1561-1572.
    8. Miguel Angel Esquivias & Lilik Sugiharti & Hilda Rohmawati & Omar Rojas & Narayan Sethi, 2022. "Nexus between Technological Innovation, Renewable Energy, and Human Capital on the Environmental Sustainability in Emerging Asian Economies: A Panel Quantile Regression Approach," Energies, MDPI, vol. 15(7), pages 1-16, March.
    9. Liu, Fang & Umair, Muhammad & Gao, Junjun, 2023. "Assessing oil price volatility co-movement with stock market volatility through quantile regression approach," Resources Policy, Elsevier, vol. 81(C).
    10. Long Jinru & Zhong Changbiao & Bilal Ahmad & Muhammad Irfan & Rabia Nazir, 2022. "How do green financing and green logistics affect the circular economy in the pandemic situation: key mediating role of sustainable production," Economic Research-Ekonomska Istraživanja, Taylor & Francis Journals, vol. 35(1), pages 3836-3856, December.
    11. Wu, Qihan & Yan, Dong & Umair, Muhammad, 2023. "Assessing the role of competitive intelligence and practices of dynamic capabilities in business accommodation of SMEs," Economic Analysis and Policy, Elsevier, vol. 77(C), pages 1103-1114.
    12. Zhou, Mingxiang & Li, Xing, 2022. "Influence of green finance and renewable energy resources over the sustainable development goal of clean energy in China," Resources Policy, Elsevier, vol. 78(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. Wang, Xiufeng & Jiang, Yiyun & Gu, Manyi, 2024. "Exploring the interplay: Crude oil futures, economic shocks, and China's resources," Resources Policy, Elsevier, vol. 91(C).
    2. Yiming, Wang & Xun, Liu & Umair, Muhammad & Aizhan, Assilova, 2024. "COVID-19 and the transformation of emerging economies: Financialization, green bonds, and stock market volatility," Resources Policy, Elsevier, vol. 92(C).
    3. Meng, Fanting, 2024. "Driving sustainable development: Fiscal policy and the promotion of natural resource efficiency," Resources Policy, Elsevier, vol. 90(C).
    4. Kong, Jiangwei & Gao, Mengxi, 2024. "Sustainable strategies for boosting profitability: Unveiling the connection between fiscal policy and natural resource efficiency," Resources Policy, Elsevier, vol. 88(C).
    5. Wang, Wanqi & Qu, Zhaoguang, 2024. "Sustainable finance for promoting prosperity and recovery: The impact of mobilizing capital to expand natural resource efficiency," Resources Policy, Elsevier, vol. 91(C).
    6. Yu, Miaozhi & Wang, Yifan & Umair, Muhammad, 2024. "Minor mining, major influence: Economic implications and policy challenges of artisanal gold mining," Resources Policy, Elsevier, vol. 91(C).
    7. Zhong, Xingxing & Zhao, Lei, 2024. "Alternative economic strategies for an ecological resurrection: The case of natural resource markets," Resources Policy, Elsevier, vol. 90(C).
    8. Wang, Yan & Yang, Tianxiao & Liu, Zhaomin & Chi, Zhong & Lu, Lili, 2024. "Combining natural resources to drive technology and efficiency for a greener economic recovery," Resources Policy, Elsevier, vol. 89(C).
    9. Bai, Bing, 2023. "Fiscal stimulus and natural resource efficiency: A comprehensive approach to a green economic recovery," Resources Policy, Elsevier, vol. 86(PB).
    10. Li, Zerong & Li, Lan & Hui, Mo, 2024. "Fostering green economic growth through sustainable management of natural resources," Resources Policy, Elsevier, vol. 91(C).
    11. Lei, Hao & Zhu, Yu & Tan, Jinlong & Zhang, Xiaofeng, 2024. "Blending financial innovation with natural resource utilization: Pathways to green economic expansion," Resources Policy, Elsevier, vol. 89(C).
    12. Bin, Hu & Tuoyu, Li, 2024. "Greening the recovery: Natural resource sustainability and carbon assessment for financial development," Resources Policy, Elsevier, vol. 89(C).
    13. Li, Ziyao & Dai, Liuyi, 2024. "Impact of energy stability, natural resources, and energy efficiency on ecological sustainability," Resources Policy, Elsevier, vol. 90(C).
    14. Feng, Amei & Liu, Liqian, 2023. "Local green economic growth and natural resources development in China," Resources Policy, Elsevier, vol. 86(PB).
    15. Huang, Zilong & Ren, Xiaocong, 2024. "Impact of natural resources, resilient economic growth, and energy consumption on CO2 emissions," Resources Policy, Elsevier, vol. 90(C).
    16. Li, Yang & Du, Qingfeng, 2024. "Oil price volatility and gold prices volatility asymmetric links with natural resources via financial market fluctuations: Implications for green recovery," Resources Policy, Elsevier, vol. 88(C).
    17. Xue, Mingfu, 2024. "Natural resource performance for a green economic growth: From short-term to long-term quality," Resources Policy, Elsevier, vol. 91(C).
    18. Zhang, Yuan & Zhang, Huaqiao & Ullah, Mirzat & Nazir, Sidra & Chun, Zhong, 2024. "Intellectual property protection in the oil, gold sectors and mineral resources rent on indigenous populations: Preserving innovation and value," Resources Policy, Elsevier, vol. 95(C).
    19. Zhang, Xiheng & Liu, Jiayu & Zhang, Kaiqi & Robert, James, 2023. "Analysis of firm performance in presence of oil price shocks: Importance of skilled management," Resources Policy, Elsevier, vol. 86(PA).
    20. Zhang, Lei & Zhou, Junhu, 2024. "The impact of imperfect financial markets and stock holdings on corporate innovation: Evidence from China," Finance Research Letters, Elsevier, vol. 61(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:90:y:2024:i:c:s0301420724001089. 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.