Role of green technologies in enhancing the efficiency of natural resources

Jianhua Zhang, Yushan Liu, Weihua Zhang and Xinyuan Ma

Resources Policy, 2023, vol. 83, issue C

Abstract: Considering the 25 countries with the worst situation in the field of natural resource depletion, this paper evaluates the relationship between green technologies and the effectiveness of using natural resources from 2010 to 2021. The findings confirmed that the green technology index does not significantly impact resource efficiency in African countries (Congo, Gabon, Uganda, Nigeria, Ghana) and Colombia. For other countries, this variable has positive and significant coefficients. It can also be concluded that for countries with a high-income level (such as Kazakhstan, Oman, United Arab Emirates, and Saudi Arabia), the green technology variable has a more significant positive coefficient than those with a low-income level. The paper recommends practical policies like diversifying the national economy, green foreign direct investment, strengthening the knowledge-based economy, and government support for commercializing green ideas.

Keywords: Natural resources; Green technological progress; Utilization efficiency; Resource depletion; Green recovery (search for similar items in EconPapers)
JEL-codes: C23 O13 O47 Q41 (search for similar items in EconPapers)
Date: 2023
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (8)

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Persistent link: https://EconPapers.repec.org/RePEc:eee:jrpoli:v:83:y:2023:i:c:s0301420723003355

DOI: 10.1016/j.resourpol.2023.103624

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