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Role of e-commerce for promoting sustainability in the mining sector

Author

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  • Shang, Yunfeng
  • Zong, Yi

Abstract

This investigation delves into the influence of various forms of e-commerce—namely, internet shopping, electronic banking, and mobile commerce—on the efficiency of the mining industry. Examining advanced economies such as Canada, France, Germany, Italy, Japan, the UK, and the US over the period from 1995 to 2019, the study confirms that a 1% increase in internet shopping volume corresponds to approximately a 0.43% uptick in efficiency. Similarly, electronic banking exhibits a positive impact on efficiency, with a 1% rise in transaction volume associated with roughly a 0.38% improvement in efficiency. On the contrary, mobile commerce demonstrates limited influence, primarily due to lower transaction volume. To enhance mining efficiency in advanced economies, policymakers are encouraged to promote specialized online shopping and mobile commerce platforms, foster the digitization of green finance, incorporate big data technologies, and support environmentally conscious inward foreign direct investment (FDI).

Suggested Citation

  • Shang, Yunfeng & Zong, Yi, 2024. "Role of e-commerce for promoting sustainability in the mining sector," Resources Policy, Elsevier, vol. 90(C).
    • Handle: RePEc:eee:jrpoli:v:90:y:2024:i:c:s0301420724001612
    DOI: 10.1016/j.resourpol.2024.104794
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    More about this item

    Keywords

    Mining sector; e-commerce; Sustainable development; Mining efficiency; Developed economies;
    All these keywords.

    JEL classification:

    • L71 - Industrial Organization - - Industry Studies: Primary Products and Construction - - - Mining, Extraction, and Refining: Hydrocarbon Fuels
    • L86 - Industrial Organization - - Industry Studies: Services - - - Information and Internet Services; Computer Software
    • Q32 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Nonrenewable Resources and Conservation - - - Exhaustible Resources and Economic Development
    • O11 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Macroeconomic Analyses of Economic Development
    • Q01 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - General - - - Sustainable Development

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